Vector Control Market Outlook
Vector Control Market size is expected to cross USD 26.75 Billion by 2030 at a CAGR of 6% during the forecast period of 2020-2030. It is a fragmented market and is governed by numerous players operating at the local and regional levels. 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 the 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.
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They are used for eradicating or limiting insects, birds, mammals, and other arthropods, which are collectively known as vectors that transmit disease pathogens. Such vectors are the key reason for the spread of various neglected tropical diseases like the Zika virus, West Nile virus, and dengue fever. Vector control chiefly focuses on applying preventative methods for controlling or eliminating vector populations. The preventive measures include biological control, chemical control, reducing contact, and environmental & habitat control.
Market Segmentation
The MRFR report offers an inclusive segmental analysis of the global vector control market report based on vector, method, and end use.
By vector, the global vector control market is segmented into rodents, insects, and others. Of these, the insect segment will lead the market over the forecast period.
By this method, the global vector control market is segmented into mechanical/physical, biological, and chemical. Of these, the biological segment will dominate the market over the forecast period.
By end-use, the global vector control market is segmented into residential and non-residential. Of these, the non-residential segment will have a major share in the market over the forecast period.
