Inflammatory Bowel Disease (IBD) Diagnostic Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Inflammatory Bowel Disease (IBD) Diagnostic Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The inflammatory Bowel Disease (IBD) Diagnostic Market is expected to grow at a registered CAGR of 5.1% during the forecast period.

The COVID pandemic and statewide lockdown have had a major impact on patients with inflammatory bowel disease (IBD), including delayed diagnosis and problems getting healthcare. According to the study titled "Reduction in Inflammatory Bowel Disease Healthcare During the Coronavirus Disease 2019 Pandemic: A Nationwide Retrospective Cohort Study" published in the Gastroenterology in February 2021, IBD diagnoses dropped by 6.5% during the COVID-19 pandemic, with a maximum drop of 46.3%. The number of additional infection-related complications has increased along with COVID-19 prevalence. A report by the Surveillance Epidemiology of Coronavirus Under Research Exclusion (SECURE-IBD) database in January 2022, indicated that among patients with IBD, adverse COVID-19 outcomes were related to age and other co-morbidities. Thus, the decline in the IBD diagnosis during COVID-19 significantly hampered the market growth.

The market is driven by the rise in the prevalence of IBD, the growing need for early diagnosis of IBD, and product launches by the key market players. According to a report by the Centers for Disease Control and Prevention (CDC) published in April 2021, on World IBD Day (May 19), about 7 million around the world suffer from IBD. The report also stated that the rate of prevalence of the disease has significantly increased during the last two decades. Thus, the growing prevalence of the IBD is anticipated to drive the demand for its diagnosis thereby boosting the market. Additionally, according to the study titled "Temporal trends in the epidemiology of inflammatory bowel diseases in the public healthcare system in Brazil: A large population-based study" by Aderson O.M.C. Damiao, published in June 2022, in Brazil, the prevalence of ulcerative colitis and crohn's disease rose from 30.0 per 100,000 in 2012 to 100.1 per 100,000 in 2020 and 15.7 to 56.5 per 100,000 in 2012 to 12.6 to 33.7 per 100,000 in 2020 respectively. Thus, the growing prevalence of IBD diseases such as crohn’s disease and ulcerative colitis is anticipated to drive the demand for its diagnosis thereby boosting segment growth.

Additionally, the market growth is supported by several strategies used by the major market players, including product launches, mergers, and acquisitions. For instance, in November 2021, Medtronic plc received the United States Food and Drug Administration (FDA) clearance for its PillCam Small Bowel 3 system for remote endoscopy procedures.

The market is anticipated to grow as a result of the rising demand for IBD diagnoses. However, it is anticipated that the lack of public awareness and strict regulations for entry may impede the market's expansion.

Key Market TrendsEndoscopy Segment is Expected to Account for the Highest Market Share

An endoscopy is a medical treatment that allows doctors to view the body. An endoscope is used in the endoscopy technique to inspect the interior of a hollow organ or cavity of the body. Endoscopes, unlike many other medical imaging procedures, are put directly into the organ.

According to the study titled " Capsule Endoscopy in Inflammatory Bowel Disease: When? To Whom?" published in December 2021, capsule endoscopy (CE) has proven to be a helpful diagnostic technique for IBD, particularly Crohn's disease (CD) capsule endoscopy (CE) produces high-resolution endoluminal pictures of the small bowel. As a result, the advantages of endoscopy over other techniques support the segment's growth during the forecast period.

In addition, key initiatives taken by the market players like mergers, acquisitions, and partnerships strengthen their product portfolio in the region, thereby driving the market. For instance, in November 2021, RoundTable Healthcare Partners’ portfolio company, Healthcare Components Group ("HCG") acquired Endoscopy Development Company ("EDC") which will bring all endoscopy components under one shop in both the optical and flexible categories.

Thus, all factors mentioned above boost the segment growth over the forecast period.

North America Dominates the Market and Expected to do the same in the Forecast Period

North America currently dominates the market for inflammatory bowel disease and is expected to continue its stronghold for a few more years. In the North American region, the United States holds the largest market share. One of the reasons for market growth is that in the United States, a rising prevalence of IBD diseases and growing demand for early diagnosis as well as product launches by the key market players.

According to the study published in the National Library of Medicine by Christopher McDowell; in May 2022, for ulcerative colitis and Crohn's diseases, the incidence of inflammatory bowel disease (IBD) in North America has ranged from 2.2 to 19.2 cases per 100,000 people in a year and 3.1 to 20.2 cases per 200,000 people in a year respectively. Adult ulcerative colitis and Crohn's disease prevalence in the United States were 238 per 100,000 people and 201 per 100,000 people, respectively. Therefore, it is anticipated that the rising prevalence of IBD diseases in the nation will increase demand for its diagnosis and thus propel market expansion.

According to the study titled "Validation of the newly Food and Drug Administration-approved Buhlmann fCal Turbo assay for measurement of fecal calprotectin in a pediatric population" published in the Practical Laboratory Medicine in November 2020, the study concluded that the fCal Turbo assay has been helpful as a quick screening method for IBD disease monitoring and differential diagnosis.

Therefore, it is anticipated that the market will grow due to the rising prevalence of IBD diseases and the increase in research studies evaluating various IBD diagnostic techniques.

Competitive Landscape

The Inflammatory Bowel Disease (IBD) diagnostics market is fragmented and competitive and consists of several major players. In terms of market share, a few of the major players are currently dominating the market. Some of the companies which are currently dominating the market DiaSorin S.p.A, Quidel Corporation, and American Laboratory Products Company (ALPCO), Certest Biotec SL, and others.

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