Helicobacter Pylori Testing Market worth USD 876 Million by 2032, says Global Market Insights Inc.
Helicobacter pylori testing industry is anticipated to register 6.5% CAGR between 2023 and 2032 due to growing demand for point-of-care testing devices.
Selbyville, Delaware, Nov. 30, 2022 (GLOBE NEWSWIRE) —
The helicobacter pylori testing
Faster diagnosis & results to foster lab-based tests method segment growth
Helicobacter pylori testing market from the laboratory-based tests segment held a valuation of more than USD 275 million in 2022, owing to its array of benefits lab-based testing offers, including faster diagnosis and rapid results. Lab based tests also require minimum testing samples, making them more accurate. In addition, segment growth is also driven by the convenience, feasibility, and ease of use of lab-based tests, including ELISA and serology for a large group of people.
Availability of specialized diagnostic capacities to augment diagnostic labs end-use segment
Helicobacter pylori testing market from Diagnostic labs segment is poised to exceed USD 390 million by 2032, due to the higher availability of specialized diagnostic systems in these labs. The ability of diagnostic labs to make efficient diagnosis, coupled with growing awareness regarding infectious diseases, is further projected to fuel segment outlook. Meanwhile, the segment is also likely to be driven by the ongoing expansion of diagnostic laboratory chains, which is in-turn fueled by growing healthcare infrastructure investment towards clinical testing services for a multitude of diseases.
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Prevalence of sedentary lifestyle to bolster the Europe market statistics
Europe helicobacter pylori testing market to surpass USD 228 million by 2032, fueled by the increasing prevalence of sedentary lifestyle in the region. This lifestyle, which became further prevalent during the COVID-19 pandemic, is leading to a higher occurrence of H. pylori infection and peptic ulcers in Europe.
Capacity expansion efforts to shape the competitive landscape
Some key helicobacter pylori testing industry players include Abbott Laboratories, Avanos Corporate, Cardinal Health, Inc., Biohit Oyj, bioMerieux SA, Bio-Rad Laboratories, Gulf Coast Scientific, Medline Industries, and Meridian Biosciences, among others.
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About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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