Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.68 Billion | USD 4.98 Billion | 3.4% | 2023 |
According to the report published by Zion Market Research, the global Enteric Disease Testing Market size was valued at USD 3.68 Billion in 2023 and is predicted to reach USD 4.98 Billion by the end of 2032. The market is expected to grow with a CAGR of 3.4% during the forecast period. The report analyzes the global Enteric Disease Testing Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Enteric Disease Testing industry.
The enteric disease is an intestinal disorder caused due to the presence of foreign antigens like parasites, viral, or bacteria. The enteric disease is usually caused due to norovirus, rotavirus, salmonella, vibrio cholera, and others. Various symptoms of enteric disease include anorexia, nausea, vomiting, and abdominal cramps which may further lead to severe conditions like heavy removal of essential nutrients and fluids from the human body. However, the geriatric and pediatric age groups are comparatively more prone to such conditions due to their weak immune system. The enteric disease is surging as a major cause of morbidity all across the globe due to poor sanitation and drainage facilities.
The growing demand for the early diagnosis of enteric disease is the primary factor fuelling the growth of the global enteric disease testing market. The traditional diagnostic process of diagnosing and treating disease was the culture-based method that requires skilled staff along with long procedure periods. The introduction of molecular diagnostics will significantly revolutionize this disease testing market. The absence of proper hygiene due to the growing population in the urban as well as rural areas in developing economies is another important factor that is likely to significantly promulgate the growth of the global enteric disease testing market during the forecast period.
However, the various other factors including poor sanitation, safe drinking water, and unhygienic conditions will further propel the prevalence of enteric diseases. The manufacturers are adopting several advanced strategies for the development of novel therapeutics for enteric disease. The growing support from governments along with the favorable reimbursement policies will encourage people to avail proper treatment for the enteric disease. Also, the growing initiatives by the government to improve the living standard especially among rural people is expected to positively shape the trajectory of the global enteric disease testing market during the forecast period.
The emergence of advanced technologies like a polymerase chain reaction and enzyme-linked immunosorbent assay will help to overcome the underlying challenges in the field of enteric disease testing. However, the growing awareness among people regarding enteric disease and the benefits of early diagnosis & treatment will also influence the market positively.
The global enteric disease testing market can be segmented into technology, therapeutics, and region.
By technology, the market can be segmented into gel microdroplets, diagnostic imaging, chromatography, flow cytometry, liposomes, artificial intelligence, information technology, differential light scattering, immunoassays, monoclonal antibodies, molecular diagnostics, and others. The molecular diagnostic segment accounts for the largest share in the global enteric disease testing market.
By therapeutics, the market can be segmented into shigellosis, salmonellosis, rotavirus, rhinovirus, enteroviruses, E. coli, cryptosporidium, campylobacter, and others. The E. coli segment holds hegemony over others due to its growing incidences among children.
Report Attributes | Report Details |
---|---|
Report Name | Enteric Disease Testing Market |
Market Size in 2023 | USD 3.68 Billion |
Market Forecast in 2032 | USD 4.98 Billion |
Growth Rate | CAGR of 3.4% |
Number of Pages | 214 |
Key Companies Covered | Cepheid Inc., Becton Dickinson & Company, Biomerica, Inc., Pro-Lab Diagnostics, Inc., TECHLAB, Inc., Coris BoConcept, Quest Diagnostics, DiaSorin S.p.A., Trinity Biotech plc, bioMérieux SA, Alere, Inc., Bio-Rad Laboratories, Inc., and Meridian Bioscience, Inc |
Segments Covered | By technology, By therapeutics 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 |
Asia Pacific accounts for the largest share in the global enteric disease testing market due to the higher rate of migration of population from rural areas to urban areas. Also, the lack of proper sanitation and hygiene among people especially in countries like China and India is likely to propel the growth of the regional market in the forthcoming years. Moreover, the growing initiatives from the government to lower the rate of enteric disease in the region will also promulgate the growth.
North America is expected to witness a significant growth rate in the forthcoming years due to the ongoing technological advancements in the field of enteric disease testing. Moreover, the favorable reimbursement policies by the government in the region will also encourage people to undergo proper treatment, which in turn will escalate the growth of the regional market.
Some of the significant players in the global enteric disease testing market are:
By Therapeutics
FrequentlyAsked Questions
The growing demand for the early diagnosis of enteric disease is the primary factor fuelling the growth of the global enteric disease testing market. The traditional diagnostic process of diagnosing and treating disease was the culture-based method that requires skilled staff along with long procedure periods.
Some of the significant players in the global enteric disease testing market are Cepheid Inc., Becton Dickinson & Company, Biomerica, Inc., Pro-Lab Diagnostics, Inc., TECHLAB, Inc., Coris BoConcept, Quest Diagnostics, DiaSorin S.p.A., Trinity Biotech plc, bioMérieux SA, Alere, Inc., Bio-Rad Laboratories, Inc., and Meridian Bioscience, Inc.
Asia Pacific accounts for the largest share in the global enteric disease testing market due to the higher rate of migration of population from rural areas to urban areas. Also, the lack of proper sanitation and hygiene among people especially in countries like China and India is likely to propel the growth of the regional market in the forthcoming years.
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