GI Stool Testing Market Trends, Research Report, Growth, Opportunities and Forecast 2022-2028

The global GI stool testing market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period (2022-2028). Gastrointestinal infections (GI) are caused by a variety of viruses, bacteria, and parasites. The gastrointestinal pathogen panel simultaneously tests for the presence of multiple disease-causing (pathogenic) microbes in a stool sample. The GI pathogen panel detects the genetic material (RNA or DNA) of some of the more common pathogens. It can identify co-infections (more than one microbe causing the infection) and identify microbes that might be missed with traditional testing. The rising prevalence of diarrhea across the globe is expected to raise the demand for the GI stool testing market during the forecast period. For instance, according to the World Health Organization, diarrheal disease is the second leading cause of death in children under five years old. Globally, there are nearly 1.7 billion cases of childhood diarrheal disease every year. Moreover, each year diarrhea kills around 5,25,000 children under five.

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The technological advancements by market players across the globe are expected to hold a prominent share of the market during the forecast period. For instance, in January 2022, Exact Sciences Corp. announced performance data for a second-generation Cologuard (multi-target stool DNA) test showing overall sensitivity of 95.2% for colorectal cancer (CRC) at the specificity of 92.4% for negative samples confirmed by colonoscopy. Furthermore, Cologuard is the first and only FDA-approved, non-invasive stool DNA test used to screen average-risk people for CRC. Exact Sciences is developing a second-generation Cologuard to improve the specificity and precancer sensitivity of the test, decreasing the false positive rate and increasing the detection rate of precancerous lesions.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered- 

o          By Product Type

o          By Test Type

o          By End-Users

Regions Covered-

o          North America

o          Europe

o          Asia-Pacific

o          Rest of the World

Competitive Landscape- including Abbott Laboratories, Alere, Inc., Cardinal Health, Inc., Cenogenics Corp., DiaSorin S.p.A, Diagnostic Solutions Laboratory, LLC, Epitope Diagnostics Inc., Siemens Healthcare, and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?

o          Deviation from the pre-COVID-19 forecast

o          Most affected regions and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global GI Stool Testing Market Report Segment

By Product Type

Instruments
Reagents)

By Test Type

Microscopy
Occult Blood Test
Ova and Parasites Test
Bacteria Test
Fecal Biomarkers Test
Other Test Types

By End-Users 

Hospitals
Home
Diagnostic Centers & Laboratories
Academic Institutions and Research Centers

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GI Stool Testing Market- Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Abbott Laboratories 
Alere, Inc. 
Beckman Coulter Inc. 
bioMerieux SA 
Biometrix Labs 
Bio-Rad Laboratories 
Cardinal Health, Inc. 
Cenogenics Corp. 
CTK Biotech Inc. 
Danaher Corp. 
DiaSorin S.p.A
Diagnostic Solutions Laboratory, LLC 
Epitope Diagnostics Inc. 

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