Global Gastrointestinal Infection Testing Market: Overview
The global gastrointestinal infection testing market is rising significantly, as large number of people are facing abdominal pain due to gastrointestinal infection caused by viral, parasitic or bacterial infections. In this situation, a person experience inflammation of the gastrointestinal tract involving both the small intestine and the stomach. These conditions increase demand for diagnosis and boosted demand for appropriate treatment and infection control measures.
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Moreover, increasing digestive diseases and gastrointestinal infections caused because of unhealthy eating habits will further augment growth in the global gastrointestinal infection testing market. High demand for technologically advanced molecular techniques that will help in infection detection is further boost growth in this market.
All these information along with other market drivers presented in the report will help the stakeholders and key market participants to take better decisions. Insights provided on regional growth, segmentation, and competitors’ landscape gives a holistic information on the global gastrointestinal infection testing market.
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Global Gastrointestinal Infection Testing Market: Notable Developments
Key vendors operating in the global gastrointestinal infection testing market are focusing on various advanced business development strategies to bolster their position and to make the best o of huge growth potential. Leading companies are focusing on mergers and acquisition, expansion, partnership, and collaboration that will help them in expanding their presence in different regions. For example:
• In 2016, commercialization rights were received by Bio-Rad in specific undisclosed areas to detect microbial imbalances. The company has partnered with Genetic Analysis. With these developments and use of advanced technologies, the global gastrointestinal infection testing market will experience a significant boost in coming years.
BD, bioMérieux SA, Savyon Diagnostics, NanoEnTek Inc., Hologic Inc., Luminex Corporation, Bio-Rad Laboratories, Inc., Quest Diagnostics Incorporated., and Trinity Biotech are other prominent players in the global gastrointestinal infection testing market.
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Global Gastrointestinal Infection Testing Market: Trends and Opportunities
Development of novel gastrointestinal infection testing product has stoked up demand in the global gastrointestinal infection testing market. Growing need to detect infectious pathogens, such as virus, bacteria, and parasites has encouraged researchers to develop syndromic panels to detect syndromic infection.
Moreover, with the growing issues and pain in abdominal the global gastrointestinal infection testing market is witnessing high growth, but few restraining factors that will obstruct its progress. Lack of regulatory guidelines and limited knowledge about advanced molecular diagnostic techniques might hamper the growth in this market. Moreover, improper sanitation facilities, lack of proper medical facilities, and unhygienic behavior of people, especially in emerging economies would deter growth in this market.
North America to Hold Dominant Share in Gastrointestinal Infection Testing Market Due to Large Patient Pool
On the regional front, the global gastrointestinal infection testing market covers Latin America, North America, Europe, Asia Pacific and the Middle East and Africa as its key regions. Of these, North America is expected to hold larger share in the market. Large patient pool suffering from abdominal pain and changing lifestyle of people are some of the key reasons driving demand in North America gastrointestinal infection testing market. Moreover, rising awareness about the gastrointestinal disorders and availability of advanced a healthcare infrastructure has also led demand in this market.
On the other hand, Asia Pacific is projected to hold significant share in the near future. Huge growth opportunities in emerging economies has made this region lead. Large-scale technological developments taking place in India, China, and Japan has further attracted huge investments from different nations. Advancements in healthcare infrastructure and growing incorporation of cost-efficient treatment options are estimated to be responsible for the market growth in this region.