Enteric Disease Testing Market Size to Record Remarkable Growth, Projected to Reach USD 5.3 Billion by 2030

Allied Market Research published a report, titled, “Enteric Disease Testing Market By Product Type (Reagents and Consumables, Equipment), By Technique (Molecular Diagnostics, Immunodiagnostics), By Disease Type (Bacterial Enteric Disease, Viral Enteric Disease, Parasitic Enteric Disease), By End User (Hospital Laboratories, Pharmaceutical, and Biotechnology Companies, Academic and Research Institutes): Global Opportunity Analysis And Industry Forecast, 2022-2032″.

According to the report, the global Enteric Disease Testing Market Size was Valued at USD 3.8 Billion in 2022 and is Projected to Garner USD 5.3 billion by 2032, registering a CAGR of 3.3% from 2023 to 2032.

This report provides a comprehensive overview of the Enteric Disease Testing Market, including an in-depth analysis of market trends, key segments, investment opportunities, value chain analysis, regional landscape, and competitive scenarios. It offers valuable insights for established market players, new entrants, investors, and other stakeholders to devise effective strategies and make informed decisions to enhance their market position. The report is a valuable resource for anyone seeking to gain a deeper understanding of the Enteric Disease Testing Market and its growth potential in the future.

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Increase in awareness in developing countries regarding diagnosis of infectious enteric diseases, easy availability of testing reagents of enteric disease, and technological advancement in testing equipment of enteric diseases drive the growth of the global enteric disease testing market. However, the high cost associated with molecular diagnostic assay is hampering the enteric disease testing market growth. On the contrary, the increase in adoption of key strategies by key players is expected to offer remunerative opportunities for expansion of the enteric disease testing market during the forecast period.

Top Enteric Disease Testing Companies

• Abbott Laboratories
• Becton Dickinson & Company
• Biomerica Inc.
• Biomerieux SA
• Bio-Rad Laboratories Inc.
• Coris Bioconcept
• Diasorin S.p.A.
• Meridian Bioscience Inc
• Quest Diagnostics
• Trinity

Enteric Disease Testing Market Size Segmentation: –

Based on product type, the reagents and consumables segment held the highest market share in 2022, accounting for more than two-thirds of the global enteric disease testing market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to rise in number of market players who manufactures reagents and consumables and increase in awareness among people regarding use of kits for diagnosis of enteric disease.

Based on technique, the immunodiagnostics segment held the highest market share in 2022, accounting for more than three-fifths of the global enteric disease testing market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to high adoption of immunodiagnostics technique and increase in technological advancement in immunodiagnostic technique.

Based on end user, the hospital laboratories segment held the highest market share in terms of revenue in 2022, accounting for around four-fifths of the global enteric disease testing market revenue, and is estimated to maintain its leadership status throughout the forecast period.

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the global enteric disease testing market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to robust healthcare infrastructure, presence of key players, and rise in healthcare expenditure. However, the Asia-Pacific region is expected to witness the fastest CAGR of 5.2% from 2023 to 2032, owing to an increase in awareness related to use of enteric disease testing products, unmet medical demands, and high population base.

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Key findings of the study

• On the basis of product type, the reagents and consumables segment held the largest share in the enteric disease testing industry in 2022.
• On the basis of technique, the immunodiagnostics segment dominated the market in 2022.
• On the basis of disease type, the bacterial enteric disease segment dominated the enteric disease testing industry in 2022.
• On the basis of end user, in 2022, the hospital laboratories segment registered the highest growth in enteric disease testing market analysis.
• Region wise, Asia-Pacific is expected to witness the highest CAGR during the enteric disease testing market forecast.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

By Region Outlook 

• North America
  (U.S., Canada, Mexico)
• Europe
  (Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
  (Japan, China, India, Rest of Asia-Pacific)
• LAMEA
  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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