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Lower GI Series Market 2018 by Test Types Double-Contrast and Single-Contrast | Emerging CAGR of 4.6% with Foremost Players like Cadila Pharmaceuticals, PeaceHealth, etc. – Forecast till 2023

05-19-2018 07:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Research Future

Market Research Future

Worldwide Lower GI Series Market 2018 Research Report implements an exhaustive study on Market Research Future. This Report Cover Key Market Driver, market size, growth rate, opportunities, market Dynamics and Overall Analysis. And also cover the other information such as Lower GI Series market trends, Prominent players, chapter-wise Description followed by various user perceptions and Forecast till 2023.

Lower GI Series Market - Overview

Gastrointestinal diseases has gained a tremendous attention over the last few years. Increasing prevalence of different gastrointestinal diseases and disorders has encouraged many companies for initiating the research & development for innovative and advanced drugs, diagnostics, and therapeutic approaches.

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A Lower Gastrointestinal (GI) Series or Barium Enema test provides a series of X-ray images of the large intestine. A lower Gi series is most commonly used to screen for colorectal cancer and bowel diseases. It is helpful for determining the cause of bleeding, pain, bowel obstruction, or changes in bowel movements. Upon modification of this test to a Double-Contrast Barium Enema, and with the use of fluoroscope, it can be used to view inside the large intestine to provide a better view of the mucous membrane.

According to a recent study report published by the Market Research Future analysts, the global lower Gi series market is currently very steady and growing at a moderate rate. This market is mainly driven by the factors such as increasing prevalence of GI diseases, rising geriatric population and increasing investment in research & development. Additionally, changing lifestyle and increasing awareness about the availability of the treatment fuel the market growth. Having said that, development of an alternative diagnostic tests, and increasing use of colonoscopies may hinder the growth of the lower GI series market to an extent.

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Some of the key players in this market are Eisai (US), Cadila Pharmaceuticals, PeaceHealth, Purdue Pharma L.P., Alfa Wassermann, NOVADAQ, Mount Sinai Beth Israel, AstraZeneca, and Ironwood Pharmaceuticals Inc.     

Lower GI Series Market Segmentation:

The global lower GI series market is segmented on the basis of by applications, types of tests, and end user.

On the basis of applications, it is segmented into gastroenteritis, colon polyps, tumor, strictures crohn's disease, ulcerative colitis, and others.

On the basis of types of test, it is segmented into double-contrast test and single-contrast test.

On the basis of end users, this market is segmented into hospitals, clinics, and laboratories.

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Regional Analysis of Lower GI Series Market:

The global lower GI series market is growing at a moderate rate. This market is greatly benefitted by the increased aging population in the major regions all across the world. America region captured a significant share of the global lower GI series market. According to the National Institute of Diabetes and Digestive and Kidney Diseases, more than 34 million Americans have GI tract diseases out of which 20 million American have chronic diseases. According to Federal Interagency Forum, 46 million people over age 65 year lived in the United States in 2014, accounting for 15 percent of the total population. Such huge population in United States which are more prone to the gastrointestinal diseases such as Ulcerative colitis, colon cancer, Crohn’s disease, and others have majorly driving the growth of the lower Gi series market in this region.

European market is second highest revenue generator after America. Europe lower Gi series market has benefited by the presence of some major healthcare providers, and diagnostic laboratories in this region. Moreover, increasing patient pool for gastrointestinal diseases and changing laboratory practices are driving the growth for Europe lower GI series market.

Asia Pacific region is the fastest growing region in lower GI market owing to the rising population with the gastrointestinal problems. According to the World Cancer Research Fund International (2016), Japan and China rank second and fifth respectively in the incidence of stomach cancer in Asia. With such high rates of stomach cancer, researchers have begun investigating the various environmental and genetic factors that may explain such concerning statistics. According to the WHO, in 2015, the largest number of new TB cases occurred in Asia, of which India, Indonesia, China, and Pakistan accounted for more than 40% of the new TB cases. In order to handle the rise in GI disease, manufacturers have increased the investment in research and development. Government of Asian countries are also supporting the manufacturers for their research to balance the need and supply of the products.

Table of Contents of Lower GI Series Market Research Report:

1 Report Prologue

2 Market Introduction

2.1 Introduction

2.2 Scope Of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

4 Market Dynamics

4.1 Drivers

4.2 Restraints

5 Market Factor Analysis

5.1 Porter’s Five Forces Model

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Supply Chain Analysis

6. Global Lower GI Series Market, By Applications

 ….TOC CONTINUED

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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