The Business Research Company’s report on the Faecal Extraction Systems Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the faecal extraction systems industry?
The increasing prevalence of inflammatory bowel disease is expected to propel the growth of the faecal extraction systems market going forward. Inflammatory bowel disease (IBD) is a category of illnesses characterized by long-term (chronic) inflammation of digestive system tissues. Faecal extraction systems are used for the diagnosis, monitoring of disease activity, treatment guidance, and prediction of disease relapse and post-operative recurrence in inflammatory bowel disease, as a result, the increasing prevalence of inflammatory bowel disease increases the demand for faecal extraction systems. For instance, in September 2023, according to the Impact of IBD Report 2023 published by the IBD Clinical and Research Centre, a Canada-based organization that aims to improve the lives of patients with Crohn’s disease and ulcerative colitis, with a prevalence of 825 per 100,000 in 2023, over 320,000 people in Canada have inflammatory bowel disease (IBD), and as the prevalence is expected to increase by 2.44% annually, 1.1% of the population, or 470,000 Canadians, is projected to be living with IBD by 2035. Therefore, the increasing prevalence of inflammatory bowel disease in faecal extraction systems is expected drives the growth of the faecal extraction systems market.
Access Your Free Sample of the Global Faecal Extraction Systems Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8297&type=smp
What is the estimated market size of the faecal extraction systems sector by 2029, based on current forecasts?
The faecal extraction systems market size has grown steadily in recent years. It will grow from $1.66 billion in 2024 to $1.71 billion in 2025 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to ethical concerns and stringent regulations, economic conditions, disruption in research activities, impact of COVID-19, increased prevalence of inflammatory bowel disease (IBD).
The faecal extraction systems market size is expected to see strong growth in the next few years. It will grow to $2.14 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to sustainable recovery, regional dominance, government support and research investments, post-covid recovery. Major trends in the forecast period include product innovations, marketing strategies and channels, market players, economic conditions, technological innovations.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=8297&type=smp
Who are the top players in the faecal extraction systems market?
Major companies operating in the faecal extraction systems market are Alpha Laboratories Ltd., Arbor Assays, bioMérieux SA, Buhlmann Laboratories AG, Calpro AS, DRG Instruments GmbH, Promega Corporation, Werfen SA, Mobidiag Oy, Biohit Healthcare Ltd., Meridian Bioscience Inc., Quidel Corporation, DiaSorin SpA, Sekisui Diagnostics LLC, Hologic Inc., Abbott Laboratories, Roche Diagnostics Corporation, Siemens Healthineers, Beckman Coulter Inc., Cepheid Inc., Danaher Corporation, F. Hoffmann-La Roche Ltd, Luminex Corporation, QIAGEN NV, Quest Diagnostics Incorporated, Randox Laboratories Ltd., Thermo Fisher Scientific Inc., Trinity Biotech plc
What are the major trends in the faecal extraction systems market?
Major companies operating in the faecal extraction system market are developing innovative products such as fecal DNA tests to meet larger customer bases, more sales, and increase revenue. Fecal DNA tests refer to non-invasive diagnostic procedures that analyze DNA extracted from a person’s stool sample. For instance, in March 2023, BGI Genomics, a China-based biotechnology company, together with Zentya, a Slovakia-based prominent provider in the field of genetic screening, launched COLOTECT 1.0. Distinguishing itself as one of the pioneering fecal DNA tests for colorectal cancer in Slovakia, COLOTECT 1.0 stands out for its non-invasive nature and ability to detect colorectal cancer and precancerous lesions. The test employs multiplex methylation-specific PCR technology, enabling the identification of abnormal colorectal cancer DNA-methylation biomarkers from fecal samples.
Which geography holds the highest faecal extraction systems market share?
North America was the largest region in the faecal extraction systems market in 2024. The regions covered in the faecal extraction systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/faecal-extraction-systems-global-market-report
How do different segments contribute to the overall expansion of the faecal extraction systems market?
The faecal extraction systems market covered in this report is segmented –
1) By Assay: Calprotectin, Albumin, Hemoglobin, Bile Acids
2) By Analysis Test: Microscopic, Chemical, Immunological, Microbiological
3) By Indication: Parasitic Infection, Viral Infection, Bacterial Indication, Poor Nutrient Absorption
4) By End-Use: Diagnostic Centers, Hospitals And Clinics, Ambulatory Clinics, Research Centers
Subsegments:
1) By Calprotectin: Quantitative Calprotectin Assays, Qualitative Calprotectin Assays
2) By Albumin: Fecal Albumin Assays, Albumin-To-Creatinine Ratio Assays
3) By Hemoglobin: Fecal Occult Blood Tests (FOBT), Immunochemical Fecal Hemoglobin Tests
4) By Bile Acids: Fecal Bile Acid Assays, Bile Acid Malabsorption Tests
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8297
How is the faecal extraction systems market defined, and what are its core characteristics?
A faecal extraction system is a device or instrument that collects faeces samples to identify pathogens, microbes, or parasite particles that could be present inside the stool.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company