Showing posts with label Enteric Disease Testing Market. Show all posts
Showing posts with label Enteric Disease Testing Market. Show all posts

Monday, 22 March 2021

Enteric Disease Testing Market To Reach US$ 4,432.7 Million By 2027 - Coherent Market Insights

 

Intestinal infections in enteric diseases can range from asymptomatic and mild to severe symptoms including abdominal cramps, vomiting, nausea and anorexia. Severe cases and symptoms under some cases may even lead to death as well due to heavy loss of fluids and essential nutrients from the body.

Statistics:

The global Enteric Disease Testing Market is estimated to account for US$ 3,732.7 Mn in terms of value by the end of 2020.

Global Enteric Disease Testing Market: Drivers

High incidence of typhoid fever is expected to propel growth of the global enteric disease testing market over the forecast period. For instance, according to the study, ‘The global burden of typhoid and paratyphoid fevers: a systematic analysis for the Global Burden of Disease Study 2017’, published in February 2019, globally, 14·3 million cases of typhoid and paratyphoid fevers occurred in 2017. 

Global Enteric Disease Testing Market: Opportunities

R&D of new approaches is expected to offer lucrative growth opportunities for players in the global enteric disease testing market. For instance, in August 2020, researchers at Purdue University, U.S., reported development of a new 3D-printed capsule that allows sampling of gut bacteria for further analysis and possible identification of disease.

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Global Enteric Disease Testing Market: Restraints

Low public heath expenditure, especially in emerging economies, is expected to hinder growth of the global enteric disease testing market.

Key Takeaways:

The global enteric disease testing market was valued at US$ 3,643.4 Mn in 2019 and is forecast to reach a value of US$ 4,432.7 Mn by 2027 at a CAGR of 2.5% between 2020 and 2027. High incidence of typhoid fever is expected to propel growth of the global enteric disease testing market over the forecast period.

Market Trend                  

R&D in enteric diseases is expected to propel growth of the global enteric disease testing market. For instance, in June 2020, researchers from University of Texas Southwestern Medical Center, U.S., reported that l-arginine sensing regulates virulence gene expression and disease progression in enteric pathogens.

Moreover, adoption of satellite observations in disease models is also expected to aid in growth of the market. Researchers can use Earth observing satellites to track when and where certain diseases will emerge and spread.

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Global Enteric Disease Testing Market: Competitive Landscape  

Major players operating in the global enteric disease testing market include, Alere, Inc., Becton Dickinson & Company, Biomerica, Inc., bioMerieux, Bio-Rad, Cepheid, Coris BioConcept, DiaSorin, Meridian Bioscience, Inc., Quest Diagnostics, and Trinity Biotech.

Global Enteric Disease Testing Market: Key Developments

Major players in the global enteric disease testing market are focused on approval and launch of new products to expand their product portfolio. For instance, in December 2018, Becton, Dickinson and Company received U.S. Food and Drug Administration (FDA) 510(k) clearance for its BD Max enteric viral panel, a molecular diagnostic test for the detection and differentiation of pathogens that cause viral gastroenteritis.

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Wednesday, 13 February 2019

Enteric Disease Testing Market Growing At A Remarkable CAGR 2018-2026


Enteric infection is a type of intestinal disease that causes symptoms ranging from mild gastroenteritis to systemic infections and severe diarrhea. According to WHO in 2017, Infectious gastroenteritis accounts for 1 billion cases of diarrhea globally and over 2 million deaths annually. In addition to this, according to Bill and Melinda Gates Foundation, 2017, enteric and diarrheal diseases leads to death of about 500,000 children, under the age of five each year, and children who survive repeated infections by gut pathogens in the early years of their life may suffer from lifelong health problems. This continuous rise in enteric infections among children is one of the major factors contributing to growth of the enteric disease testing market.

Continuous launch of enteric disease testing products by key manufacturers is expected accelerate growth of the market over the forecast period. For instance, in July 2014, Trinity Biotech plc received CE marking for its new Uni-Gold H. pylori Antigen point-of-care test. The Uni-Gold H. pylori Antigen is a 15 min rapid test, used in diagnosis of Helicobacter pylori (H. pylori) infection and to monitor the effectiveness of a treatment.

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Rising prevalence of various enteric infections and increasing support by various healthcare organizations is expected to propel the market growth over the forecast period

Rising prevalence of diarrhea coupled with unhygienic living conditions is leading to increasing demand for rapid diagnosis in order to treat diseases such as cholera, and other diarrheal diseases. These are expected to propel growth of the market over the forecast period. According to WHO in 2017, globally, there were1.7 billion cases of diarrhea accounting for over 2 million deaths. Children aged five years are particularly at risk, accounting for 760,000 fatalities, each year. Initiatives by healthcare bodies such as the WHO and UNICEF, for the prevention and control of the enteric infection is also expected to boost growth of the enteric disease testing market. These organizations are working towards promoting testing for such infections by conducting awareness programmes and healthcare camps.

Top Key Players:

Major companies in enteric disease testing market are Alere Inc., Biomerieux SA, Trinity Biotech plc, Biomerica, Inc., Bio-Rad Laboratories, Inc., Meridian Bioscience Inc., BioConnections, Quest Diagnostics Incorporated, Cepheid Inc., and DiaSorin.

Enteric Disease Testing Market Taxonomy:

By Testing Type:

• Immunoassay Testing
• Conventional Testing
• Molecular Diagnostic Testing

By Disease Indication:

• Bacterial Enteric Disease
0 difficile Infection
0 Campylobacteriosis
0 Cholera
0 coli Infection
0 pylori Infection
0 Salmonellosis
0 Shigellosis
• Viral Enteric Disease
0 Rotavirus Infection
0 Norovirus Infection
• Parasitic Enteric Disease
0 Amebiasis
0 Cryptosporidiosis
0 Giardiasis

By End User:

• Hospitals
• Diagnostic Laboratories
• Research laboratories

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702