Faecal Extraction Systems Market Share, Size, Trends, Industry Analysis Report, By Assay (Calprotectin, Albumin, Hemoglobin, Bile Acids, Others); By Indication; By Analysis Test; By End Use; By Region; Segment Forecast, 2022 - 2030
The global faecal extraction systems market size is expected t-reach USD 2.19 billion by 2030 according t-a new study by Polaris Market Research. The report “Faecal Extraction Systems Market Share, Size, Trends, Industry Analysis Report, By Assay (Calprotectin, Albumin, Hemoglobin, Bile Acids, Others); By Indication; By Analysis Test; By End Use; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight int-current market dynamics and provides analysis on future market growth.
The growing prevalence of inflammatory bowel diseases globally, coupled with the increasing adoption of one single tool owing t-its various application, are the primary factors that may accelerate the industry growth across the globe. Furthermore, stool samples help in detecting intestinal infections and other diseases. If utilized properly, faecal extraction systems can reduce the need for various diagnostic tests that may be inconvenient & time-consuming for the patient. Therefore, these factors may gain huge traction among the end-users such as hospitals & clinics, research centers, ambulatory clinics, diagnostic centers, and many others, which, in turn, surge the faecal extraction systems industry demand.
Based on the end-use, the diagnostic centre segment is dominating the global industry and is anticipated t-lead the industry over the forecasting period. The growth of the segment can be attributed t-the presence of technologically advanced equipment coupled with the presence of skilled staff at diagnostic centers. Additionally, the testing done at diagnostic centers is cost-efficient when compared t-hospitals & clinics, convenient, and provides faster results. Whereas the hospital & clinics segment is showing the highest CAGR in the global faecal extraction systems industry.
The primary factors driving the growth of the segment include a large number of patients being admitted directly t-hospitals & clinics globally. Thus, the huge patient pool is anticipated t-drive the segment growth. The growing healthcare sector across emerging nations such as China, India, and Japan, among others, is anticipated t-offer huge growth opportunities. Additionally, the surge in medical tourism is further anticipated t-drive the growth of the industry. The growing awareness regarding the availability of government-approved faecal extraction systems is projected t-boost the growth of the industry.
Market participants such as Calpr-AS (Svar Lifescience), Alpha Laboratories, DRG INSTRUMENTS GMBH, Arbor Assays, bioMérieux, BÜHLMANN, Cancax Biotech, ALPCO, Promega Corporation, and Werfen are some of the key players operating in the global market.
There are various market vendors introducing their innovations across the global market t-reinforce their geographical footprints. Key market players are offering various solutions tailored t-the need of the end-users.
Polaris Market Research has segmented the faecal extraction systems market report on the basis of assay, indication, analysis test, end-use, and region:
Faecal Extraction Systems, Assay Outlook (Revenue – USD Billion, 2018 – 2030)
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook