enteric-disease-testing-market

Enteric Disease Testing Market By Product (Reagents and Consumables, Equipment), By Technique (Molecular Diagnostics, Immunodiagnostics), By Disease (Bacterial Enteric Disease, Viral Enteric Disease, Parasitic Enteric Disease), By End User (Academic and Research Institutes, Hospital Laboratories, Pharmaceutical and Biotechnology Companies) - Growth, Share, Opportunities & Competitive Analysis, 2024 - 2032

12 Jun 2023 Format PDF icon PPT icon XLS icon Request Sample

Enteric disease etsting market expected to Grow at 2.8% by 2031, Enteric diseases are caused by microscopic pathogens that enter the body through the mouth or intestinal route, fundamentally because of eating or drinking any contaminated foods or fluids. The immune system of the body and the strength of the pathogen cumulatively decide the fate of the infection whether it will be acute or chronic. The enteric pathogen can cause further complexities such as malabsorption of medications and immunological disorders. Abdominal cramps, loss of appetite, vomiting, diarrhea, blood in stools, fever and dehydration are few of the key symptoms of any enteric disease. Enteric infection has intense effect on childhood development and global mortality as well. According to the Centers for Disease Control and Prevention the enteric disease is a serious public health issue which causes around 48 million cases of illness and the treatment costs US$125 billion each year only in United States. The global enteric disease testing market can be segmented on the basis of type of pathogens such as viral pathogens, bacterial pathogens and parasitic pathogens. While on the basis of test type the global enteric disease testing market can be segmented into immunological test, molecular diagnostic test, rapid test, culture test and other test.

Financial and ecological factors, for example, poor sanitation and rising population living underneath the destitution line with unhygienic lifestyle, contaminated foods and water supply attribute to the rising incidences of enteric diseases which in turn impel the enteric disease testing market development. Technological advancement for enteric disease testing with the huge adoption rate of rapid test along with immunological and molecular test platforms propel the growth of the enteric disease testing market. The organizations like UNICEF or WHO have taken few initiatives for the enteric disease management that contributes high growth to the enteric disease testing market as well. The lack of awareness in public, poor financial condition, improper laboratory set-up and untrained health personnel in developing countries restrain the growth of the enteric disease testing market.

The North America is expected to dominate the enteric disease testing market due to its well organized healthcare infrastructure and healthcare expenditure. Large population, rising prevalence of enteric diseases, unhealthy lifestyle, improper sanitation and poor economic condition positively influence the growth of the enteric disease testing market in Asia-Pacific region.

Key Players Identified for Enteric Disease Testing Market include:

Abbott Laboratories, Becton Dickinson & Company, Biomerica, Inc., Bio-Rad Laboratories, Inc., Meridian Bioscience, Inc, Quest Diagnostics And Other Notable Players.

This report offers:

  • An overview of the global markets for Enteric Disease Testing Market.
  • Market trends assessment for the period 2015-2025, with historical information for 2015, and projections through 2025, with respective CAGRs during 2017-2025.
  • Qualitative assessment tools such as market drivers, challenges and future prospects.
  • Market competition scrutiny tools such as market share analysis, fractal map assessment.
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
  • A general overview of the industry structure.
  • Company profiles highlighting key information about the major players operating in the Enteric Disease Testing Market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Enteric Disease Testing market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Enteric Disease Testing market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Product
  • Reagents and Consumables
  • Equipment

Technique
  • Molecular Diagnostics
  • Immunodiagnostics

Disease
  • Bacterial Enteric Disease
  • Viral Enteric Disease
  • Parasitic Enteric Disease

End User
  • Academic and Research Institutes
  • Hospital Laboratories
  • Pharmaceutical and Biotechnology Companies

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Enteric Disease Testing market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Enteric Disease Testing market?
  • Which is the largest regional market for Enteric Disease Testing market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Enteric Disease Testing market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Enteric Disease Testing market worldwide?
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