Zion Market Research has published a new report titled “Helicobacter Pylori Testing Market by Test Type (Invasive [Histology, Rapid Urease Test, and HP Culture], and Non-Invasive [Serologic Test, Urea Breath Test, and Stool Antigen Test]), by Method (Point of Care Testing, and Laboratory Based Testing), and by End User (Hospitals, Clinics, Diagnostic Labs, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025”. According to the report, global demand for helicobacter pylori testing market was valued at approximately USD 404.6 million in 2018, and is expected to generate revenue of USD 660.4 million by end of 2025, growing at a CAGR of 7.3% between 2019 and 2025.
H. pylori or helicobacter pylori is aerobic, gram-negative bacteria found in the stomach. It plays vital role in maintaining the ecosystem of stomach. Helicobacter pylori infection is usually caused when spiral-shaped bacteria attacks esophagus, small intestine, & inner lining of the stomach that leads to chronic gastritis, peptic ulcers, and gastric cancer. As per National Institute of Health stats, about 80% of the adults and 10% of children globally are prone to have H. pylori infection. Various tests are under development stages that is augmenting the growth of market globally.
Request Free Sample is Available @ https://www.zionmarketresearch.com/sample/helicobacter-pylori-testing-industry
Increasing prevalence rate of infectious diseases and gastritis, and growing geriatric population base are some of the factors boosting the market growth. Moreover, awareness about immunodiagnostics among population, rapid advances in technology, and innovations and product approvals are some of the other factors boosting market growth. Besides, industry players are also investing in research and development process to gain competitive edge and provide distinguished solutions. Developed countries are also providing non-invasive techniques in various areas of healthcare. Furthermore, government bodies are putting efforts to create awareness among public regarding H. Pylori infections.
The helicobacter pylori testing market is segmented based on method, test type, end user, and regions. On the basis of test type the market is segmented into non-invasive and invasive testing. The segment for invasive testing is further divided into histology, rapid urease test, and HP culture. The non-invasive testing segment is further divided into urea breath test, serologic test, and stool antigen test. The segment for non-invasive testing is likely to showcase high growth rate owing to the rising prevalence and awareness of infections that is driving the market for H. pylori non-invasive testing market.
Based on method the market is segmented into point of care testing, and laboratory based testing. The segment for point of care testing held major share of the market as these tests provide accurate results in short time span and are less expensive. Based on end user the market is bifurcated into diagnostic labs, hospitals, clinics, and others. The segment for hospitals held major share of the market as hospitals provide convenience to the patients. Besides, large patient pool and high adoption rate for diagnosis and tests of H. pylori is further fueling market growth of this segment globally.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. The market for Asia Pacific is likely showcase high growth rate in the forecast period mainly due to the developing biotech industry in this region. Besides, development in disease diagnostic as well as testing across all the developed and under developing countries is also likely to fuel market growth for helicobacter pylori testing globally.
Some of the players in the market include Thermo Fisher Scientific, Inc., Meridian Biosciences, Gulf Coast Scientific, Bio-Rad Laboratories, Inc., Abbott, Quidel Corporation, Exalenz Bioscience Ltd., and Cardinal Health.
This report segments the global helicobacter pylori testing market as follows:
Global Helicobacter Pylori Testing Market: Test Type Segment Analysis
Global Helicobacter Pylori Testing Market: Method Segment Analysis
Global Helicobacter Pylori Testing Market: End User Segment Analysis
Global Helicobacter Pylori Testing Market: Regional Segment Analysis
To view TOC of this report is available upon request @ https://www.zionmarketresearch.com/toc/helicobacter-pylori-testing-industry