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GI Stool Testing Market Share

Report ID: GMI5719
Published Date: May 2023
Report Format: PDF

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GI Stool Testing Market Share

Some of the major market players operating in the GI stool testing market are :

Abbott Laboratories, Alere Inc
Beckman Coulter Inc
Bio Rad Laboratories
BioMrieux Inc
Cardinal Health

Major market players are adopting strategic formulations such as forward integration, new product development, geographical expansion, and research collaborations to garner maximum industry share and promote company growth.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for GI stool testing was valued at USD 600.1 million in 2022 and will reach over USD 1.2 billion by 2032 propelled by factors including unhealthy lifestyles, rising occurrences of diabetes, and the aging population, among others.

The consumables segment was worth over USD 376 million in 2022 as a result of an increase in the preference for GI disease diagnostic reagents and test kits.

The gastrointestinal infection application segment dominated the market with more than 38% revenue share in 2022 owing to the growing prevalence of GI infection and preference for technologically advanced GI diagnostic tests.

The U.S. GI stool testing market was valued at USD 254 million in 2022 due to the strong presence of major industry players and the rising prevalence of gastrointestinal disorders in the country.