Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 476.19 Million | USD 841.45 Million | 6.53% | 2023 |
The global helicobacter pylori testing market size was worth around USD 476.19 Million in 2023 and is predicted to grow to around USD 841.45 Million by 2032 with a compound annual growth rate (CAGR) of roughly 6.53% between 2024 and 2032. The report analyzes the global helicobacter pylori testing market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the helicobacter pylori testing industry.
The report covers forecasts and analyses for the global helicobacter pylori testing market. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). In-depth secondary research is used to ascertain the overall market size, top industry players, top products, industry associations, etc. Macroeconomic indicators such as healthcare industry outlook, healthcare spending, research funding, and GDP along with company websites, company annual reports, white papers, financial reports and other saws have also been considered to arrive at the indicated market numbers.
Helicobacter Pylori Testing Market: Overview
Helicobacter pylori or H. pylori is gram-negative, an aerobic, bacteria detected in the stomach. It plays an important role in maintaining the ecosystem of the stomach. H. pylori infection is caused when the spiral-shaped bacteria attacks the small intestine, esophagus, & lining of the stomach which leads to peptic ulcers, chronic gastritis, and gastric cancer. As per the stats provided by the National Institute of Health, globally about 10% of children and 80% of adults are prone to have H. pylori infection. Moreover, various new tests are under development stages which is augmenting the market growth globally.
Helicobacter Pylori Testing Market: Segmentation Analysis
The study provides a decisive view of the helicobacter pylori testing market by segmenting the market based on test type, method, end user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
The market for helicobacter pylori testing is segmented based on test type into invasive and non-invasive testing. Invasive testing is further segmented into rapid urease test, histology, and HP culture. Non-invasive testing market is further segmented into serologic tests, urea breath tests, and stool antigen tests.
The non-invasive testing segment is likely to grow at a high CAGR in the forecast period. Growing awareness and the rising prevalence of infections are driving the market for H. pylori non-invasive testing market. Based on the method the market is segmented into laboratory-based testing and point-of-care testing. Point-of-care testing accounted for a major share of the market in 2023, since these tests are less expensive and provide accurate results in a short period.
Based on end users the market is bifurcated into hospitals, clinics, diagnostic labs, and others. Hospitals held a major share of the market in 2023 since these provide convenience offered by them to patients. Besides, a high adoption rate and large patient pool for new instruments and tests for diagnosis of H. pylori is likely to fuel the market growth of this segment globally.
Report Attributes | Report Details |
---|---|
Report Name | Helicobacter Pylori Testing Market |
Market Size in 2023 | USD 476.19 Million |
Market Forecast in 2032 | USD 841.45 Million |
Growth Rate | CAGR of 6.53% |
Number of Pages | 230 |
Key Companies Covered | Bio-Rad Laboratories, Inc., Gulf Coast Scientific, Exalenz Bioscience Ltd., Thermo Fisher Scientific, Inc., Meridian Biosciences, Abbott, Quidel Corporation, and Cardinal Health |
Segments Covered | By Test Type, By Method, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Helicobacter Pylori Testing Market: Growth Factors
The study also includes drivers and restraints for the helicobacter pylori testing along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the helicobacter pylori testing market on a global level. The growing geriatric population base and the rising prevalence rate of gastritis and infectious diseases are some of the factors propelling the market growth. Besides, rapid advances in technology, awareness about immunodiagnostics among the population, and rising product approvals and innovations are likely to boost the market growth for global helicobacter pylori testing. Industry players are also investing in the R&D process to gain a competitive advantage and provide distinguished solutions.
Developed countries are implementing non-invasive techniques in various areas of healthcare. Additionally, various government organizations are also putting efforts to create awareness among the public regarding H. Pylori infection thus further propelling market growth.
Helicobacter Pylori Testing Market: Regional Insights
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. Asia Pacific is likely to grow at a high CAGR in the forecast period. This growth is mainly attributed to the development of the biotechnology industry in this region. Moreover, the development in the disease diagnostic and testing sector across all the developing countries is likely to fuel market growth in the forecast period.
Some of the major players in the global helicobacter pylori testing market include:
The global helicobacter pylori testing market is segmented as follows;
Global Helicobacter Pylori Testing Market: Test Type Segment Analysis
Global Helicobacter Pylori Testing Market: Method Segment Analysis
Global Helicobacter Pylori Testing Market: End User Segment Analysis
Global Helicobacter Pylori Testing Market: Regional Segment Analysis
FrequentlyAsked Questions
Helicobacter pylori testing refers to various diagnostic methods used to detect the presence of Helicobacter pylori (H. pylori) bacteria in the stomach and upper gastrointestinal tract. H. pylori is a type of bacteria that can infect the lining of the stomach, leading to various gastrointestinal conditions, including gastritis (inflammation of the stomach lining), peptic ulcers (sores in the stomach or small intestine), and, in some cases, stomach cancer. Testing for H. pylori is important for diagnosing and managing these conditions.
The growth of the Helicobacter pylori testing market is influenced by a combination of factors related to healthcare, technology, epidemiology, and demographic trends. Helicobacter pylori is a bacterium that can cause various gastrointestinal conditions, including gastritis and peptic ulcers.
The global helicobacter pylori testing market is expected to grow at a CAGR of 6.53% during the forecast period.
According to a study, the global helicobacter pylori testing market size was worth around USD 476.19 million in 2023 and is expected to reach USD 841.45 million by 2032.
Asia Pacific is expected to dominate the helicobacter pylori testing market over the forecast period.
Some of the players in the market for helicobacter pylori testing include Bio-Rad Laboratories, Inc., Gulf Coast Scientific, Exalenz Bioscience Ltd., Thermo Fisher Scientific, Inc., Meridian Biosciences, Abbott, Quidel Corporation, and Cardinal Health.
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