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Global Enteric Disease Testing Market to Grow at 3.1% During 2024-2032, Bolstered by Technological Advancements

September 28, 2020 | Healthcare

According to the latest IMARC Group report, titled “Enteric Disease Testing Market Report by Product Type (Reagents and Consumables, Equipment), Technique (Molecular Diagnostics, Immunodiagnostics), Disease Type (Bacterial Enteric Disease, Viral Enteric Disease, Parasitic Enteric Disease), End User (Hospital Diagnostic Laboratories, Independent Diagnostic Laboratories, Academic and Research Institutes, and Others), and Region 2024-2032”, the global enteric disease testing market reached a value of US$ 4.2 Billion in 2023. Enteric diseases are caused by the ingestion of food or water contaminated by microbial toxins and microorganisms. These microorganisms enter through the mouth by coming in contact with an infected person's feces or with animals and their environments, attacking the gastrointestinal tract. Enteric diseases can cause symptoms like diarrhea, nausea, vomiting, fever, chills, abdominal cramps, and a loss of appetite. In recent years, the approval for the commercialization of novel technologies and the launch of new products have revolutionized enteric disease testing.

Global Enteric Disease Testing Market Trends:

The increasing cases of enteric diseases, such as cholera, amebiasis, Campylobacteriosis and Hepatitis A, represent the primary factor that positively impacts the global enteric disease testing market. This can be attributed to the unhygienic conditions, unsafe drinking water and poor sanitation. Besides this, with the recent outbreak of coronavirus disease (COVID-19), testing for enteric diseases has increased as the virus is variably found in human enteric samples during the course of infection. As a result, many healthcare centers are undertaking research to discover the co-relation between enteric disease and COVID-19. Furthermore, as individuals are becoming more aware of the benefits of early diagnosis, they are increasingly opting for the testing of enteric diseases. The leading healthcare companies are investing in research and development (R&D) activities to advance the enteric disease testing technologies to increase the efficiency of diagnosis. Some of the other factors, such as improving healthcare infrastructure, various technological advancements and the emerging trend of medical tourism, are expected to create a positive outlook for the market. Looking forward, the market is expected to grow at a CAGR of 3.1% during 2024-2032.

Market Summary:

  • Based on the product type, the market has been segmented into reagents and consumables, and equipment.
  • On the basis of the technique, the market has been bifurcated into molecular diagnostics and immunodiagnostics.
  • The market has been categorized based on the disease type into bacterial (C. difficile, campylobacteriosis, cholera, E. coli, H. pylori, salmonellosis and shigellosis), viral (rotavirus, norovirus and others) and parasitic (amebiasis, cryptosporidiosis, giardiasis) enteric diseases.
  • On the basis of the end user, the market has been classified into hospital diagnostic laboratories, independent diagnostic laboratories, academic and research institutes, and others.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea and others), Europe (Germany, France, Italy, the United Kingdom, Spain, Russia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being Abbott Laboratories, BD (Becton, Dickinson and Company), Bio-Rad Laboratories Inc., Biomerica Inc., Biomérieux SA, Cepheid Inc. (Danaher Corporation), Coris BioConcept, DiaSorin, Meridian Bioscience Inc. and Quest Diagnostics.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Technique, Disease Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbott Laboratories, BD (Becton, Dickinson and Company), Bio-Rad Laboratories Inc., Biomerica Inc., Biomérieux SA, Cepheid Inc. (Danaher Corporation), Coris BioConcept, DiaSorin, Meridian Bioscience Inc. and Quest Diagnostics
Customization Scope 10% Free Customization
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Global Enteric Disease Testing Market to Grow at 3.1% During 2024-2032, Bolstered by Technological Advancements
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