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On the basis of the test, the helicobacter pylori testing market is bifurcated into invasive and non-invasive helicobacter pylori tests. Amongst them, invasive helicobacter test segment is poised to register a 6.5% CAGR from 2023 to 2032, driven by the efficacy and cost-effectiveness of rapid urease tests. The demand for invasive testing method is also high among patients do not correspond well to antibiotic therapy, have symptoms of severe gastric problems, and further require gastric endoscopy.
On the basis of the method, the helicobacter pylori testing market is categorized into laboratory-based tests and point-of-care (POC) tests. The POC tests segment accounted for a business share of more than 35% in 2022, due to its non-invasive nature and its ability to deliver fast results. This is also attributed to collaborative research initiatives by leading industry giants and increasing R&D spending, which is further encouraging technological advancements as well as new product launches.
Based on end-use, the helicobacter pylori testing market is segmented into clinics, hospitals, diagnostic labs, and others. The clinic segment is projected to depict over 6% CAGR from 2023 to 2032, owing to the rising patient preference for clinics due to affordability and quality care. This is driven by the high-quality treatment and quick assistance offered by clinics, which provides the desired treatment results at a reasonable cost. In addition, the high-end services offered by clinics through effective disease management strategies are further set to spur segment expansion.
Asia Pacific helicobacter pylori testing market was valued at more than USD 100 million in 2022 and is further expected to witness over 8.5% CAGR from 2023 to 2032. Revenue growth is slated to be fueled by the rising occurrences of infectious ailments and increasing aging population in the region. Poor healthcare infrastructure and low awareness about good sanitary practices across developing APAC economies is further projected to fuel the demand for helicobacter pylori tests.