Vector Control Market size is expected to cross USD 26.75 Billion by 2030 at a CAGR of 6% during the forecast period of 2023-2030. It is a fragmented market and is governed by numerous players operating at the local and regional level. Market players are expected to witness several growth opportunities in the coming years, along with several challenges, owing to the stringent government regulations, increasing number of vector control programs, and increasing resistance to insecticide. Chemical manufacturers active in the vector control market are investing in R&D to launch new products that can tackle the issue of insecticide resistance.
Vector control refers to the vector control system and vector control equipment used to limit or eradicate the vector population that transmits pathogens from one host to another. The global vector control market growth is driven by various factors such as the rising prevalence of vector-borne diseases in both humans and livestock. More than 17% of all infectious diseases annually can be traced to the transmission of pathogens by various vectors. Trypanosome infection, a vector-borne disease in cattle, is estimated to cause nearly 20% production loss by impacting milk production, draft power, morbidity, mortality, and calving rate. Market growth can also be attributed to the increasing awareness and adoption of integrated vector management (IVM) frameworks that offer higher efficiency than other vector control methods.
Continuous use of chemical insecticides for vector control has led to high insecticide resistance, resulting in a lowered impact of chemicals. Additionally, environmental hazards caused by the use of chemical-based vector control methods are also hindering market growth.
Recent Developments News
The fight against insects that transmit diseases is a constant battle, but researchers are making headway with some exciting new developments in vector control:
Combating Insecticide Resistance: A major challenge is the emergence of insecticide resistance in mosquitoes and other vectors. Here's how researchers are tackling this:
Beyond Chemicals: Recognizing the limitations of insecticides, researchers are exploring alternative strategies:
Technological Advancements: Technology is playing an increasingly important role:
Integrated Vector Management (IVM): A holistic approach combining chemical, biological, and physical control methods is gaining traction. This multi-pronged strategy aims for sustainable vector control with reduced reliance on any single method.
By Vector
By Method
By End-Use
By Region
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