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The global faecal occult testing market is expected to grow at a CAGR of 5.4% during the forecast period of 2023-2028.
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The growing geriatric population is one of the key factors driving the growth of the faecal occult testing market during the forecast period. A faecal occult blood test is a screening test, which helps in the detection of colorectal cancer in its initial stage, the phase when treatment is most effective.
The faecal occult test is a medical test for concealed or occult blood to verify stool samples. Occult blood presence shows the existence, in the colon or rectum, of colon cancer or polyps, ulcers, anal fissures, Crohns disease, and many more circumstances. The faecal occult test is used to identify colon cancer in clinical testing.
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The global faecal occult testing industry can be segmented into end-use and region.
Based on its end-use segments, the industry can be classified as:
The EMR report looks into the regional faecal occult testing markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The major factors contributing to the growth of the market for faecal occult testing include the increasing rectal and colon cancer prevalence, government initiatives such as organising camps for colorectal cancer check-ups, improved medical infrastructure, and the adoption of advanced faecal occult testing methods. However, factors like less awareness of the test and its high cost may limit the faecal occult testing market growth over the forecast period. At the same time, the development of direct-to-consumer laboratory testing and the availability of faecal occult immunological test devices in online stores will also provide lucrative market growth opportunities, which will aid the global faecal occult testing industry in the future.
The report presents a detailed analysis of the following key players in the global faecal occult testing equipment market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- End Use, Region |
Breakup by End Use | Hospitals, Physicians' Office Laboratories, Clinical Diagnostic Laboratories |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Abbott Laboratories (NYSE: ABT), bioMérieux SA (EPA: BIM), Danaher Corp., Eiken Chemical Co. Ltd. (TYO: 4549), Quidel Corp. (NASDAQ: QDEL), Eurolyser, HemoCue America, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Faecal Occult Testing Market Analysis
8.1 Key Industry Highlights
8.2 Global Faecal Occult Testing Historical Market (2018-2022)
8.3 Global Faecal Occult Testing Market Forecast (2023-2028)
8.4 Global Faecal Occult Testing Market by End Use
8.4.1 Hospitals
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Physicians' Office Laboratories
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Clinical Diagnostic Laboratories
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Faecal Occult Testing Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
9 North America Faecal Occult Testing Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Faecal Occult Testing Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Faecal Occult Testing Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Faecal Occult Testing Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Faecal Occult Testing Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Avantor, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 bioMérieux SA
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Henry Schein, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Quidel Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Eurolyser Diagnostica GmbH
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Danaher Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Eiken Chemical Co., Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Faecal Occult Testing Market: Key Industry Highlights, 2018 and 2028
2. Global Faecal Occult Testing Historical Market: Breakup by End Use (USD Million), 2018-2022
3. Global Faecal Occult Testing Market Forecast: Breakup by End Use (USD Million), 2023-2028
4. Global Faecal Occult Testing Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Faecal Occult Testing Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Global Faecal Occult Testing Market Structure
The global faecal occult testing market is projected to grow at a CAGR of 5.4% between 2023 and 2028.
The major drivers of the market are the growing availability of robust healthcare facilities for cancer diagnosis and treatment, the increasing prevalence of colorectal cancer, the growing geriatric population, and the introduction of various favourable government initiatives to bolster cancer diagnosis and treatment.
The key trends guiding the growth of the market include advancements in direct-to-consumer laboratory testing services and the growing availability of faecal occult immunological test devices on online platforms.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Hospitals, physicians' office laboratories, and clinical diagnostic laboratories are the leading end use segments of the product in the market.
The major players in the market are Avantor, Inc., bioMérieux SA, Henry Schein, Inc., Quidel Corporation, Eurolyser Diagnostica GmbH, Danaher Corporation, and Eiken Chemical Co., Ltd., among others.
The global faecal occult testing market is being driven by the rising prevalence of rectal and colon cancer and the growing awareness regarding cancer treatment. Aided by the improvement of direct-to-consumer laboratory testing services, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 5.4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on end use, the industry can be segmented into hospitals, physicians' office laboratories, and clinical diagnostic laboratories. The major regional markets for faecal occult testing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Abbott Laboratories, bioMérieux SA, Danaher Corp., Eiken Chemical Co. Ltd., Quidel Corp., Eurolyser, and HemoCue America, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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