Fecal Calprotectin Test Market New Highs - Current Trends and Growth Drivers 2023

The global fecal calprotectin test market is poised for substantial growth over the forecast period from 2023 to 2031, as reported by Market Insights & Analysis, a renowned market research firm. The market, which was valued at US$ 126.9 million in 2022, is projected to expand at a robust compound annual growth rate (CAGR) of 10.7% to reach more than US$ 355.8 million by the end of 2031.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗮 𝘀𝗮𝗺𝗽𝗹𝗲 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝘁 (𝗨𝘀𝗲 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗠𝗮𝗶𝗹 𝗜𝗱 𝗳𝗼𝗿 𝗤𝘂𝗶𝗰𝗸 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78383

The surge in the prevalence of inflammatory bowel disease (IBD) and gastrointestinal disorders is a major driver propelling the growth of the fecal calprotectin test market. This diagnostic tool measures the level of calprotectin, a protein released during inflammation, in the stool. Particularly, it finds extensive use in adult patients due to the high incidence rate of IBD and colorectal cancer among this demographic. The growing awareness among patients and healthcare professionals regarding the benefits of early diagnosis and treatment is anticipated to bolster the global fecal calprotectin test market.

Companies operating in this sector are focused on developing more accurate and cost-efficient fecal calprotectin tests to gain a competitive edge and increase their market share. Despite these opportunities, challenges such as the high cost of tests and the absence of reimbursement policies in some regions are anticipated to hinder market growth.

𝗕𝘂𝘆 𝘁𝗵𝗶𝘀 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 | 𝗜𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗮𝘁 -

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The enzyme linked immunosorbent assay (ELISA) segment currently dominates the market, thanks to its high accuracy and cost-effectiveness. ELISA-based fecal calprotectin tests have the potential to detect low levels of calprotectin and differentiate between IBD and non-IBD conditions.

In terms of regional dynamics, Europe is at the forefront of the fecal calprotectin test market due to the high prevalence of IBD, advanced healthcare infrastructure, and the presence of key market players. Meanwhile, Asia Pacific is poised to exhibit the fastest growth during the forecast period, driven by a large patient base in countries such as India and China, along with rising awareness about IBD and colorectal cancer.

𝗠𝗼𝗿𝗲 𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗯𝘆 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 -

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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