Press release
Gastrointestinal Testing Panels Market - Latest Scenario Report with Forecast by 2031
Europe and Middle East & Africa Gastrointestinal Testing Panels Market Outlook 2031-The Europe and Middle East & Africa gastrointestinal testing panels market was valued at US$ 51 Mn in 2020
-It is estimated to expand at a CAGR of 4.7% from 2021 to 2031
-The Europe and Middle East & Africa gastrointestinal testing panels market is expected to reach the value of US$ 83.8 Mn by the end of 2031
Increasing Availability of Gastrointestinal Testing Panels During COVID-19 Outbreak
With significant impact on the global economy and businesses, the coronavirus pandemic has put intense pressure on the healthcare system of Europe and Middle East & Africa. The gastrointestinal testing panels market in Europe and Middle East & Africa is affected due to insufficient supply of healthcare equipment, shortage of hospital beds, medical staff, etc. However, gastrointestinal testing panels market is booming after the significant efforts taken by healthcare practitioner and market stakeholders to manage the disrupted supply chain.
Get Sample Copy of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84234
The increasing demand for gastrointestinal testing panels due to rising incidences of gastrointestinal complications in Europe and Middle East & Africa, along with increasing geriatric population drives market growth. Gastrointestinal complications are caused by bacteria, viruses, and parasites, affecting both stomach and small intestine. The gastrointestinal testing panels gives fast and accurate results for analysis of gastrointestinal infection. The Europe and Middle East & Africa gastrointestinal testing panels market is expected to witness steady growth after the coronavirus breakdown, owing to increasing awareness about health.
Rising Prevalence of Gastrointestinal Disorders in Europe and Middle East & Africa
The rising prevalence of gastrointestinal disorders in Europe and Middle East & Africa is a major driving factor for the Europe and Middle East & Africa gastrointestinal testing panels market. Unhealthy food habits, hectic lifestyle, disrupted sleep cycle, and excessive stress are some of the key factors responsible for rising incidences of gastrointestinal disorders in Europe and Middle East & Africa. Lack of proper healthcare facilities and unhygienic behavior in some of the emerging countries are the leading causes for increasing cases of diarrheal diseases. Along with diarrhea, abdominal pain and vomiting are the symptoms observed in patients.
Read Report Overview @ https://www.transparencymarketresearch.com/emea-gastrointestinal-testing-panels-market.html
The surging growth in patient pool is expected to increase the demand for better gastrointestinal testing panels in Europe and Middle East & Africa. According to the severity of these symptoms, doctors treat the patients using correct diagnosis and proper treatment with the help of gastrointestinal testing panels.
Gastrointestinal testing panel is specifically designed to detect, analyze, and study the gastrointestinal infection using advanced molecular techniques. Viruses, bacteria, and pathogens can be detected using these techniques. Increasing mortality rates due to diarrhea in adults as well as in children is driving the demand for gastrointestinal testing panels in EMEA. Manufacturers in the gastrointestinal testing panels market are targeting on high quality product development due to rising demand and increasing revenue streams. Innovative strategies adopted by healthcare manufacturers to increase the production of gastrointestinal testing devices fuels the market growth.
Increase in Geriatric Population Drives Gastrointestinal Testing Panels Market
The rising geriatric population in Europe and Middle East & Africa is one of the major contributing factors for the growth of the gastrointestinal testing panels market. In Europe and Middle East & Africa, there is a rapid growth in gastrointestinal complications in elderly (people aged over 65 years). These people are highly prone to develop inflammatory bowel diseases such as Crohn's disease and ulcerative colitis, irritable bowel syndrome, etc. Inflammatory bowel diseases in geriatric population are very common. This is due to less regenerative capacity of intestinal stem cells and less production of gastric juice in elderly people. Increasing incidences of gastrointestinal disorders in women in Europe and Middle East & Africa is also a major driving factor of EMEA gastrointestinal testing panels market.
Enquiry for Discount on the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=84234
Lucrative Growth Opportunities Due to Advancement in Healthcare Industry
Advancement in healthcare and pharmaceutical industries, increasing healthcare expenditure, and rising geriatric population in EMEA are factors expected to drive the demand for gastrointestinal testing panels during the forecast period. Favorable reimbursement policies in the healthcare industry support market growth. Rising prevalence of gastrointestinal complications and digestive disorders demands for gastrointestinal testing panels on a regular basis. Manufacturers operating in the gastrointestinal testing panels market are increasing the production of these devices to fulfill the demand from the healthcare industry. In order to increase the overall well-being of people, market players are introducing innovative products to cater the increasing demand from hospitals, diagnostic laboratories, etc.
Europe and Middle East & Africa Gastrointestinal Testing Panels Market: Overview
According to Transparency Market Research's latest research report on the gastrointestinal testing panels market in Europe and Middle East & Africa for the historical year 2020 and the forecast period of 2021 to 2031, increase in incidence of gastrointestinal infections such as gastroenteritis, ulcer, and cancer and rise in demand for technologically advanced molecular techniques for detecting infection are projected to drive the market in Europe and Middle East & Africa
Growth of the gastrointestinal testing panels market in Europe and Middle East & Africa can be attributed to rise in prevalence and incidence of gastrointestinal diseases such as inflammatory bowel diseases (Crohn's disease and ulcerative colitis), irritable bowel syndrome, and gastroesophageal reflux; increase in the geriatric population; and surge in research & development activities for development of new tests for identifying chronic gastrointestinal disease
Increase in Geriatric Population in MEA: Key Driver of Europe and Middle East & Africa Gastrointestinal Testing Panels Market
According to the U.S. Census Bureau, the geriatric population, people aged 65 years and above, has increased significantly in the past few years and is projected to account for over 16.7% of the global population by 2050.
Prevalence of gastrointestinal disorders is common among the elderly, and around 65% of the geriatric population struggles with different kinds of gastrointestinal complications.
Make an Enquiry Before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84234
Rise in Cases of Gastrointestinal Disorder: Major Driver of Europe and Middle East & Africa Gastrointestinal Testing Panels Market
Gastrointestinal disorder affects four in every 10 adults across the globe each year. Moreover, around 200,000 digestive disease-related deaths are reported globally every year. Digestive diseases cause around 50 million visits to physicians and about 10 million hospitalizations every year.
Europe and Middle East & Africa Gastrointestinal Testing Panels Market: Competition Landscape
Detailed profiles of providers of gastrointestinal testing panels have been provided in the gastrointestinal testing panels market to evaluate their financials, key product offerings, recent developments, and strategies.
Key manufacturers of gastrointestinal testing panels focus on designing advanced and cost-effective solutions to attract higher number of customers.
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gastrointestinal Testing Panels Market - Latest Scenario Report with Forecast by 2031 here
News-ID: 2766553 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…
