The “Global Enteric Disease Testing Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028” report by TechSci Research sheds light on the burgeoning landscape of the Global Enteric Disease Testing Market, currently valued at USD 3.72 billion in 2022 and projected to grow impressively at a CAGR of 2.10% until 2028. This growth is buoyed by collaborative ventures among industry leaders, amalgamating expertise to fortify market positions. A significant impetus driving demand stems from heightened awareness catalyzing the recognition of enteric disease symptoms and the pivotal role of diagnostic testing. Individuals now prioritize health and wellness, seeking medical advice and tests, driven by a better understanding of enteric diseases and the associated risks, propelled by media coverage and awareness campaigns.
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In the realm of innovations, May 2022 marked a milestone with BD (Becton, Dickinson, and Company) launching the BD COR™ MX, a high-throughput infectious disease molecular diagnostics platform in the U.S. This FDA-cleared platform introduces the BD CTGCTV2 molecular assay, identifying three prevalent non-viral sexually transmitted infections. It automates the molecular laboratory workflow, streamlining diagnostics, particularly beneficial for high-throughput laboratories, optimizing technician time and minimizing specimen handling.
However, the cost of testing poses a challenge, impacting stakeholders across the healthcare spectrum. Affordability barriers hinder access to necessary testing, creating disparities and healthcare inequities, especially in regions with limited healthcare access. Funding diagnostic programs strains healthcare budgets, notably in areas with high enteric disease burdens, impacting early detection and treatment. Establishing and sustaining diagnostic infrastructure incurs significant financial investments, posing obstacles in resource-limited settings.
The report segments the Global Enteric Disease Testing Market based on Disease Type, End User, and Region. Test Type segments encompass a range from Endotoxin Tests to Residual Host Contamination Detection Tests, the latter crucial in identifying host DNA or RNA in clinical specimens, ensuring accurate pathogen detection amidst the presence of host genetic material.
Geographically, North America leads the market, bolstered by its advanced private healthcare sector, access to cutting-edge diagnostic technologies, robust epidemiological surveillance, and competitive market dynamics fostering innovation and growth.
Benefits of the Research Report:
- Insightful Market Analysis: Detailed exploration of market trends, size, competition, and growth drivers provides a comprehensive understanding.
- Strategic Insights: Highlights collaborations and partnerships shaping market dynamics, crucial for stakeholders navigating the competitive landscape.
- Awareness Impact: Illuminates how heightened awareness impacts demand, vital for industry players in tailoring strategies.
- Technological Advancements: Spotlights innovations like BD’s BD COR™ MX, facilitating informed decisions for adopting cutting-edge technologies.
- Challenges and Opportunities: Identifies cost challenges and regional disparities, crucial insights for devising inclusive healthcare solutions and targeted interventions.
This report offers a panoramic view of the Enteric Disease Testing Market, equipping stakeholders with actionable insights to navigate this evolving landscape, make informed decisions, and contribute to the advancement of enteric disease diagnostics globally.
Some of the major companies operating in the Global Enteric Disease Testing Market include:
- Abbott Laboratories Ltd.
- Beckton Dickinson & Co.
- Biomerica
- BIOMÉRIEUX
- Bio-Rad Laboratories, Inc.
- Cepheid
- Coris BioConcept
- DiaSorin S.p.A.
- Meridian Bioscience
- Quest Diagnostics Incorporated
Customers can also request for 10% free customization on this report.
“Certain areas, particularly in North America, are projected to exert significant demand for Enteric Disease Testing. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the Global Enteric Disease Testing Market in the forecast period,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.
Enteric Disease Testing Market by Disease Type (Bacterial Enteric Diseases, Viral Enteric Diseases, Parasitic Enteric Diseases, Rotavirus, Norovirus), End User (Hospitals & Clinics, Diagnostic Centers, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of Global Enteric Disease Testing Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Enteric Disease Testing Market.
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