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Global Faecal Occult Testing Market: By End Use: Hospitals, Physicians' Office Laboratories, Clinical Diagnostic Laboratories; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Faecal Occult Testing Market Outlook
The global faecal occult testing market is expected to grow at a CAGR of 5% during the forecast period of 2021-2026.
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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.
Properties and Applications
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:
- Hospitals
- Physicians' Office Laboratories
- Clinical Diagnostic Laboratories
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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Market Analysis
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.
Competitive Landscape
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:
- Abbott Laboratories (NYSE: ABT)
- bioMérieux SA
- Danaher Corp.
- Eiken Chemical Co. Ltd.
- Quidel Corp.
- Eurolyser
- HemoCue America
- Others
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.
Key Questions Answered in the Market Report
- How has the global faecal occult testing market performed in the previous years (2016-2020)?
- What is the forecast assessment of the faecal occult testing market for 2021-2026?
- What are the major drivers for the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major constraints for the historical (2016-2020) and forecast (2021-2026) periods?
- What are the price trends of faecal occult testing in the global markets?
- What is the degree of competition in the global faecal occult testing market?
- What are the major events and developments taking place within the industry globally?
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Key Industry Trends
3.3 Market Scope and Segmentation
3.4 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Faecal Occult Testing Market Analysis
6.1 Global Faecal Occult Testing Historical Market (2016-2020) & Forecast (2021-2026)
6.2 Global Faecal Occult Testing Market Breakup by End Use
6.2.1 Hospitals
6.2.2 Physicians' Office Laboratories
6.2.3 Clinical Diagnostic Laboratories
6.3 Global Faecal Occult Testing Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Hospitals
6.3.2 Physicians' Office Laboratories
6.3.3 Clinical Diagnostic Laboratories
6.4 Global Faecal Occult Testing Market Breakup by Region
6.4.1 North America
6.4.1.1 United States of America
6.4.1.2 Canada
6.4.2 Europe
6.4.2.1 Germany
6.4.2.2 United Kingdom
6.4.2.3 France
6.4.2.4 Italy
6.4.2.5 Others
6.4.3 Asia Pacific
6.4.3.1 China
6.4.3.2 Japan
6.4.3.3 India
6.4.3.4 ASEAN
6.4.3.5 Others
6.4.4 Latin America
6.4.4.1 Brazil
6.4.4.2 Argentina
6.4.4.3 Mexico
6.4.4.4 Others
6.4.5 Middle East & Africa
6.4.5.1 Saudi Arabia
6.4.5.2 United Arab Emirates
6.4.5.3 Nigeria
6.4.5.4 South Africa
6.4.5.5 Others
6.5 Global Faecal Occult Testing Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 North America
6.5.1.1 United States of America
6.5.1.2 Canada
6.5.2 Europe
6.5.2.1 Germany
6.5.2.2 United Kingdom
6.5.2.3 France
6.5.2.4 Italy
6.5.2.5 Others
6.5.3 Asia Pacific
6.5.3.1 China
6.5.3.2 Japan
6.5.3.3 India
6.5.3.4 ASEAN
6.5.3.5 Others
6.5.4 Latin America
6.5.4.1 Brazil
6.5.4.2 Argentina
6.5.4.3 Mexico
6.5.4.4 Others
6.5.5 Middle East & Africa
6.5.5.1 Saudi Arabia
6.5.5.2 United Arab Emirates
6.5.5.3 Nigeria
6.5.5.4 South Africa
6.5.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Key Players & Company Profiles
9.1 Abbott Laboratories (NYSE: ABT)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 bioMérieux SA (EPA: BIM)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Danaher Corp.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Eiken Chemical Co. Ltd. (TYO: 4549)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Quidel Corp. (NASDAQ: QDEL)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Eurolyser
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 HemoCue America
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Others
10 Industry Events and Developments
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