Overview:
Stools tests are performed to diagnose the GI tract disorders and aid in the detection of parasites infection, bleeding obstruction, and inflammation. Stools tests can further be utilized for diagnosis of colorectal cancer or presence of pathogens such as Rotavirus, C. difficile, H. pylori among others in the GI tract. Laboratory tests used for the stool testing are either microbial particle-based or antibody-based, which include chemiluminescence immunoassays (CLIA), immunoassay and molecular diagnostic testing.
Increased incidence of C. difficile infections and other gastrointestinal diseases increases the demand for stool tests, thereby driving the global GI stool testing market. According to the Centers for Disease Control and Prevention, in 2014, an estimated of 14.8 million adults were diagnosed with ulcers and other digestive disorders in the United States. Furthermore, in 2017, 135,430 new cases of colorectal cancer were diagnosed in the country, raising the demand for GI stool testing. However, the challenge of accurate testing restrains the market.
The global GI stool testing market is segmented based on product type, application, test type, end-user, and geography. Among product types, reagents segment dominated the global market in 2017 with over 60% of the market share. Among applications, the GI tract infections segment led the global market in 2017 owing to high prevalent cases and increased awareness regarding the gastrointestinal disorders. Based on end-users, hospitals will continue to dominate the market owing to the high procedural load of the tests.
North America is anticipated to lead the global market owing to the high awareness of the gastrointestinal disorders and availability of evolved healthcare infrastructure. Manufacturers are focusing on the emerging markets including the Asia Pacific and Latin America due to the presence of potential opportunities.
The Global GI Stool Testing Market is segmented on the following bases:
Key Players Identified in GI Stool Testing Market include:
Abbott Laboratories, Alere, Inc., Beckman Coulter, Inc., BioMrieux, Inc., Bio-Rad Laboratories, Cenogenics Corporation, DiaSorin S.p.A., Meridian Bioscience, Inc., Quest Diagnostics Incorporated, and Siemens Healthcare.
This report offers: