Fecal Analyzer Market Growth Is Driven By Heska Corporation , AVE Science and Technology Co.Ltd , Eiken Chemical Co., Ltd , iClear Limited , Improve Medical Instruments

A report by The Insight Partner's on the Fecal Analyzer Market discusses the growth of the market in great detail. It discusses thoroughly all factors promoting and deterring the market. The report also focuses on the competitive dynamics in the market by monitoring the strengths and weaknesses of prominent contributors and their key products.

The fecal analyzer market was valued at US$ 657.44million in 2019and is projected to reach US$ 842.48 million by 2027; it is expected to grow at a CAGR of3.3% from 2020to 2027.

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Market Insights

Increasing Incidence of Colorectal Cancer and Implementation of Screening Programs

Colon or colorectal cancer is one of the most common types of cancer. As per the GLOBOCAN 2018 data, it is the third commonly diagnosed cancer in the world. Similarly, according to the American Cancer Society's data in August 2020, the number of new colon cancer cases is estimated to hit 104,610 by the end of 2020, while rectal cancer cases would reach 43,340. Colorectal cancer is also among the most chronic types of cancer. Developments in medical technology have led to the introduction of fecal analyzers that help in the early diagnosis of colorectal cancer.

Further, the rising the incidence of colorectal cancer has pushed governments to initiate screening programs for the same. Colorectal Cancer Control Program (CRCCP) by the Centers for Disease Control and Prevention (CDC), US, and Asia-Pacific Colorectal Screening (APCS) are a few of the examples of such programs. Under such screening programs, stool tests are performed to diagnose colorectal cancer. The US Food and Drug Administration (FDA) has approved three types of stool tests—guaiac FOBT (gFOBT); fecal immunochemical or immunohistochemical test (FIT), also known as iFOBT; and multitargeted stool DNA testing, also known as FIT-DNA. Among these, FIT and FIT-DNA use fecal analyzers that provide detailed, proven reports with images that provide a reference for clinic diagnosis. In 2018, CRCCP conducted screening in 30 states of the US, encompassing 221 health systems, 679 clinics, and 5,436 service providers. 1,135,719 people from the age group 50–70 were screened for colorectal was. Thus, the increasing incidence of colorectal cancer and subsequent rise in screening programs anchored by government authorities raise the demand fecal analyzers worldwide.

What’s included

• Market Dynamics
• Competitive Analysis
• Market Trends And Market Outlook
• Market Share And Market Size
• Opportunities And Customer Analysis
• Product Pricing Research

The List of Companies

Heska Corporation
AVE Science and Technology Co.Ltd
Eiken Chemical Co., Ltd
iClear Limited
Improve Medical Instruments
Belson Medical System Co., Ltd
Sentinel CH. SPA
Orienter Biotechnology Co., Ltd
Dirui Turkey
I.S.E. srl

Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behavior & the growth of the market as well as industries.

Market Segmentation :

By Product Type

• Fully Automated Fecal Analyzer
• Semi-Automatic Fecal Analyzer

By End User

• Hospitals
• Clinics
• Others

The COVID-19 outbreak is currently going the world over, the Fecal Analyzer Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the Fecal Analyzer market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).

The report offers key drivers that propel the growth in the global Fecal Analyzer market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.

This report focuses on the global Fecal Analyzer market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Fecal Analyzer market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

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