GI stool testing market is anticipated to grow at a significant CAGR of 7.1% during the forecast period. GI stool testing is a group of advanced stool tests that provide immediate, actionable clinical information for the management of gastrointestinal health. The test helps in diagnosing medical conditions, such as inflammatory bowel disease, gastric or colon cancer, anal fissures, and hemorrhoids, as well as detect the presence of blood in the stool sample. Stool tests help to determine whether a bacteria or any other microorganism has infected the intestines or not. Further, for the diagnosis of colorectal cancer, a fecal occult blood test is performed. For instance, according to the National Cancer Institute, the rate of new cases of colorectal cancer was 37.7 per 100,000 men and women per year. The death rate was 13.1 per 100,000 men and women per year. Thus, these factors are expected to fuel the GI stool testing market growth.
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The global GI stool testing market is segmented based on product type, test type, and end-users. Based on the product type, the market is bifurcated into instruments and reagents. Based on the test type, the market is sub-segmented into microscopy, occult blood test, ova and parasites test, bacteria test, fecal biomarkers test, and other test types including cultural test. Based on the end-users, the market is augmented into hospitals, homes, diagnostic centers & laboratories, academic institutions, and research centers. The above-mentioned segments can be customized as per the requirements. Based on the product type, the reagents are expected to drive market growth during the forecast period. Reagents are substances used for analyzing and examining stools and can detect the presence of pathogenic agents.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global GI Stool Testing Market By Product Type
Global GI Stool Testing Market By Test Type
- Occult Blood Test
- Ova and Parasites Test
- Bacteria Test
- Fecal Biomarkers Test
- Other Test Types (Culture Test)
Global GI Stool Testing Market By End-Users
- Diagnostic Centers & Laboratories
- Academic Institutions and Research Centers
- North America
- United States
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Abbott Laboratories
- Alere, Inc.
- Beckman Coulter Inc.
- bioMerieux SA
- Biometrix Labs
- Bio-Rad Laboratories
- Cardinal Health, Inc.
- Cenogenics Corp.
- CTK Biotech Inc.
- Danaher Corp.
- DiaSorin S.p.A
- Diagnostic Solutions Laboratory, LLC
- Epitope Diagnostics Inc.
- Genova Diagnostics Inc.
- Meridian Bioscience Inc.
- Oasis Health & Wellness
- Quest Diagnostics Inc.
- RN Labs Pty Ltd.
- ScheBo Biotech AG
- Siemens Healthcare
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global GI stool testing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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