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Faecal Occult Testing Market

Global Faecal Occult Testing Market Size, Analysis, Report: By End Use: Hospitals, Physicians' Office Laboratories, Clinical Diagnostic Laboratories; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Faecal Occult Testing Market Outlook

The global faecal occult testing market is expected to grow at a CAGR of 5.4% during the forecast period of 2024-2032.

 

Global Faecal Occult Testing Market

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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.

 

Market Segmentation

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.

 

Global Faecal Occult Testing Market

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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.

 

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.

 

Global Faecal Occult Testing Market

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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 Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Avantor, Inc.
  • bioMérieux SA
  • Henry Schein, Inc.
  • Quidel Corporation
  • Eurolyser Diagnostica GmbH
  • Danaher Corporation
  • Eiken Chemical Co., Ltd.
  • 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 (2018-2023) 
    8.3    Global Faecal Occult Testing Market Forecast (2024-2032)
    8.4    Global Faecal Occult Testing Market by End Use
        8.4.1    Hospitals
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Physicians' Office Laboratories
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Clinical Diagnostic Laboratories
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)   
    8.5    Global Faecal Occult Testing Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
9    North America Faecal Occult Testing Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Faecal Occult Testing Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Faecal Occult Testing Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Faecal Occult Testing Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Faecal Occult Testing Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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 2032
2.    Global Faecal Occult Testing Historical Market: Breakup by End Use (USD Million), 2018-2023
3.    Global Faecal Occult Testing Market Forecast: Breakup by End Use (USD Million), 2024-2032
4.    Global Faecal Occult Testing Historical Market: Breakup by Region (USD Million), 2018-2023
5.    Global Faecal Occult Testing Market Forecast: Breakup by Region (USD Million), 2024-2032
6.    North America Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2023
7.    North America Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2024-2032
8.    Europe Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2023
9.    Europe Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Asia Pacific Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Asia Pacific Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Latin America Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Latin America Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Middle East and Africa Faecal Occult Testing Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Middle East and Africa Faecal Occult Testing Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Global Faecal Occult Testing Market Structure

Key Questions Answered in the Report

The global faecal occult testing market is projected to grow at a CAGR of 5.4% between 2024 and 2032.

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.

Analyst Review

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 2024-2032, 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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