Albany NY, United States, May 06, 2022 (GLOBE NEWSWIRE) -- The global enteric disease testing market is prognosticated to expand at a CAGR of 3.3% during the forecast period of 2019 to 2027, states a study by Transparency Market Research (TMR).
Increase in prevalence of different enteric diseases infection can lead to severe healthcare burden and rise in the number of deaths in such patients. One of the important ways to avoid such situations is timely detection of enteric diseases. Owing to this factor, there has been a rise in demand for rapid diagnostic tests. This factor, in turn, is fueling expansion opportunities in the global enteric disease testing market.
In the recent years, many developing nations across the globe are observing a rise in prevalence of waterborne and foodborne diseases. As a result, companies operating in the global enteric disease testing market are gaining profitable prospects in these nations.
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Enteric Disease Testing Market: Key Findings
- As conventional culture techniques of disease diagnosis are time consuming and labor intensive, they are being replaced by different advanced testing solutions such as PCR based tests, dipstick based tests, and enzyme immunoassay (EIA), which allow rapid diagnosis of the illness. Hence, rise in sales of rapid diagnostic tests is propelling the enteric disease testing market.
- In the recent years, several developing nations are experiencing a rise in the number of patients suffering from hemolytic uremic syndrome (HUS) and diarrhea. This factor is leading to increased need for performing enteric disease testing, which, in turn, is bolstering market growth.
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Enteric Disease Testing Market: Growth Boosters
- Rapid spread of enteric bacterial infections is expected to lead to revenue-generation opportunities in the global market
- Increase in demand for early diagnosis of diseases is boosting sales in the enteric disease testing market
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Enteric Disease Testing Market: Regional Analysis
- The enteric disease testing market in North America is projected to maintain its dominant position during the forecast period due to factors such as presence of many market players in the U.S., rise in diagnosis rate of enteric diseases, increase in the number of R&D projects, and technological advancements in the region. Moreover, the North America enteric disease testing market is expected to be driven due to rise in understanding among regional population about enteric diseases and available treatment options.
- The Asia Pacific enteric disease testing market is prognosticated to show rapid expansion in the forthcoming years, owing to increase in public and private investment in healthcare facilities of developing nations such as India and China, and improving healthcare infrastructure in the region
Enteric Disease Testing Market: Competition Landscape
- Enterprises operating in the enteric disease testing market are increasing investments in researches in order to develop technologically advanced products
- Several companies are increasing their focus on regulatory approvals and new product launches
- Rise in the number of acquisition and collaboration activities among key enterprises is expected to help in the expansion of the global enteric disease testing market
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Enteric Disease Testing Market: Key Players
Some of the key players profiled in the report include:
- Bio-Rad Laboratories, Inc.
- Meridian Bioscience, Inc.
- bioMérieux SA
- Alere, Inc.
- DiaSorin S.p.A.
- Trinity Biotech plc
- Coris BioConcept
- Quest Diagnostics
- Pro-Lab Diagnostics, Inc.
- TECHLAB, Inc.
- Becton Dickinson & Company
- Biomerica, Inc.
- Cepheid Inc.
Enteric Disease Testing Market Segmentation
Disease Indication
- Bacterial Enteric Disease
- C.difficile Infection
- Campylobacteriosis
- Cholera
- E.coli Infection
- H.pylori Infection
- Salmonellosis
- Shigellosis
- Viral Enteric Disease
- Rotavirus Infection
- Norovirus Infection
- Parasitic Enteric Disease
- Amebiasis
- Cryptosporidiosis
- Giardiasis
Testing Methods
- Immunoassay Testing
- Conventional Testing
- Molecular Diagnostic Testing
End-user
- Hospitals
- Diagnostic Laboratories
- Physician Offices
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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