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Helicobacter Pylori Testing Market to grow at a CAGR of 7.7% by 2031 | Avanos Corporate, Biohit Oyj, Bio-Rad Laboratories, Inc., Cardinal Health, Exalenz Bioscience Ltd.

07-11-2023 08:43 PM CET | Health & Medicine

Press release from: Global Insight Services

Helicobacter Pylori Testing Market to grow at a CAGR of 7.7%

New York, The Global Helicobacter Pylori Testing Market was valued at USD 436.0 Million in 2021 and it is anticipated to grow up to USD 915.4 Million by 2031, at a CAGR of 7.7% during the forecast period.

Global Helicobacter Pylori Testing Market report from Global Insight Services is the single authoritative source of intelligence on Helicobacter Pylori Testing Market The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Helicobacter pylori testing is a way to determine if a person has an infection with the bacteria Helicobacter pylori. This bacteria is known to cause stomach ulcers, and testing can help to diagnose an infection and determine the best course of treatment. There are a few different ways to test for H. pylori, including a stool sample, a breath test, or a biopsy.

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Market Trends and Drivers

The most important driver of the H. pylori testing market is the high prevalence of H. pylori infection. It is estimated that H. pylori infects more than half of the world's population. The prevalence is highest in developing countries and lowest in developed countries. The second important driver of the H. pylori testing market is the increasing awareness of the link between H. pylori infection and gastric cancer. Gastric cancer is the fourth most common cancer in the world and the second leading cause of cancer death. H. pylori infection is a major risk factor for gastric cancer. The third important driver of the H. pylori testing market is the increasing incidence of ulcers. Ulcers are a common condition and their incidence is increasing due to the increasing prevalence of H. pylori infection. The fourth important driver of the H. pylori testing market is the increasing demand for rapid and accurate testing methods. The currently available methods for H. pylori testing are culture, histology, urea breath test, and stool antigen test. However, these methods are time-consuming and expensive. The fifth important driver of the H. pylori testing market is the development of new and improved testing methods. Newer methods, such as PCR and ELISA, are more rapid and accurate than the older methods.

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Market Segments

The Helicobacter Pylori Testing Market is segmented by test type, method, end-use, and region. By test type, the market is divided into invasive and non-invasive. Based on method, it is bifurcated into point-of-care (POC) test and laboratory based test. On the basis of end-use, it is classified into hospitals, clinics, diagnostic laboratories, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

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Key Players

The Helicobacter Pylori Testing Market includes players such as Abbott Laboratories, Avanos Corporate, Biohit Oyj, Bio-Rad Laboratories, Inc., Cardinal Health, Exalenz Bioscience Ltd., Gulf Coast Scientific, Medline Industries, Inc. , Thermo Fisher Scientific Inc. and QIAGEN.

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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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