Enteric Disease Testing Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4024
Enteric Disease Testing Market size is expected to grow significantly from 2019 to 2025.
Rising deaths due to bacterial enteric diseases should positively impact the industry growth throughout analysis timeframe. Enteric diseases annually affect millions of people globally however, this disease condition is prominently found in emerging economies with poor hygiene conditions. Due to poor sanitization, large population in countries such as India and Brazil suffer from diarrheal enteric diseases. Also, due to increasing awareness level regarding availability of treatments for enteric diseases, people in developing and underdeveloped countries often tend to undergo diagnosis for these chronic health issues. This scenario proves beneficial for the industry growth as it increases demand for enteric disease testing thereby, surging the industry growth.
Increasing government initiatives in developing and underdeveloped countries for improving the awareness level regarding availability of enteric tests should trigger the industry growth in near future. Government of emerging economies actively participates in various campaigns to promote benefits of advanced enteric tests. Moreover, several regional authorities also plan prevention programs that rises the awareness level amongst people in rural areas regarding the impact of enteric diseases. Aforementioned factors should boost the business growth. However, high cost of enteric disease diagnosis may affect its demand in underdeveloped countries due to affordability issues thereby, hampering the industry growth to some extent.
Bacterial enteric disease segment is predicted to witness substantial growth during the forecast years. Bacterial enteric diseases are one of the major reasons for deaths amongst people living in developing countries. Chronic infection caused to intestine by enteric bacteria may result in diarrhea that weakens the digestive system of individuals. Currently, vaccines with greater efficacy are available that have shown positive outcomes in treating bacterial enteric diseases. Thus, growing availability of better treatment options will upsurge the segment growth.
Conventional testing segment will have sluggish growth during the analysis period. Due to advancements in technology, currently several studies have been carried out to develop advanced molecular diagnostics that will help in providing accurate diagnosis. However, people residing in rural areas still rely on conventional testing methods that are less costly and readily available at public hospitals. Aforementioned factor will drive the segment growth in the coming years.
Diagnostic laboratories segment should foresee immense growth in the near future. Now-a-days, diagnostic laboratories in developed as well as developing economies are well-equipped with efficient diagnostic tools and technologies. Diagnostic laboratories have upgraded their technologies that will enable them to provide efficient diagnosis. As a result, people prefer diagnostic centers over hospitals and physicians office as they receive superior quality diagnostic services in laboratories.
Asia Pacific enteric disease testing market will have numerous growth opportunities in the upcoming years. Asian countries have hygiene issues that have resulted in large population acquiring bacterial as well as parasitic enteric diseases. In countries such as India, sanitization is poorly developed and public hospitals usually fail to follow hygiene protocol. This increases the incidences of enteric infections in individuals that surges the industry growth. Above mentioned factors coupled with improving regulatory scenario for enteric testing methods in Asia Pacific region further positively influences the industry growth.
Some of the major players operating in the enteric disease testing industry include o Alere Biomerica, Biomerieux SA, Bio-Rad Laboratories, Cepheid Inc, CorisBioconcept SPRL, DiaSorin, Meridian Bioscience, Quest Diagnostics and Trinity Biotech. These players implement strategic initiatives such as new product launches and mergers to establish prominent position in the market. For instance, Quest Diagnostics have developed stool test that has commendable efficacy. Development of such new technologically advanced tests will foster company’s growth.
Enteric Disease Testing Market By Disease Indication, 2014-2025 (USD Million)
- Bacterial enteric disease
- Viral enteric disease
- Parasitic enteric disease
Enteric Disease Testing Market By Testing Methods, 2014-2025 (USD Million)
- Molecular diagnostic testing
- Conventional testing
Enteric Disease Testing Market By End-users, 2014-2025 (USD Million)
- Diagnostic laboratories
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Biomerica Inc
- Biomerieux SA
- Bio-Rad Laboratories
- Cepheid Inc
- CorisBioconcept SPRL
- Meridian Bioscience
- Quest Diagnostics Incorporated
- Trinity Biotech
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