openPR Logo
Press release

Fecal Occult Testing Market Report 2024-2032, Industry Growth Opportunity, and Forecast

02-07-2024 12:13 PM CET | Health & Medicine

Press release from: IMARC Group

Fecal Occult Testing Market

Fecal Occult Testing Market

IMARC Group's latest report, titled "Fecal Occult Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", the global fecal occult testing market size reached US$ 1,367.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,031.8 Million by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.

Fecal occult testing (FOBT) is a diagnostic method employed in the field of gastroenterology to detect hidden (occult) blood in the stool. This non-invasive screening tool is crucial for early identification of gastrointestinal issues, particularly colorectal cancer. Fecal occult testing is designed to identify minute amounts of blood that is visible to the naked eye and could indicate underlying medical conditions such as polyps, hemorrhoids, or colorectal cancer. The test involves collecting a small stool sample, which is then analyzed for the presence of blood using chemical reagents. There are two primary types of FOBT, including guaiac-based tests and immunochemical tests. Guaiac-based tests detect the heme portion of hemoglobin, while immunochemical tests specifically identify human hemoglobin.

Request Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/fecal-occult-testing-market/requestsample

Competitive Landscape with key Players:

• Abbott Laboratories
• Beckman Coulter Inc. (Danaher Corporation)
• Biohit Oyj
• EDP Biotech Corporation
• Eiken Chemical Co. Ltd
• Epigenomics AG
• Quest Diagnostics Incorporated
• Quidel Corporation
• Randox Laboratories Ltd

Fecal Occult Testing Industry Trends:

The increasing global incidence of colorectal cancer, coupled with the growing awareness of the effectiveness of fecal occult testing in early diagnosis, is driving the global market. As colorectal cancer ranks among the leading causes of cancer-related mortality, there is a heightened emphasis on preventive healthcare, leading to a rise in demand for FOBT as a non-invasive screening tool. Moreover, continual advancements in testing technologies and the development of more accurate and user-friendly FOBT kits contribute significantly to market growth. The evolution from traditional guaiac-based tests to immunochemical-based tests has improved sensitivity and specificity, enhancing the overall reliability of fecal occult testing. Besides, public health initiatives and increased awareness campaigns aimed at promoting colorectal cancer screening further support the FOBT market.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/fecal-occult-testing-market

Key Market Segmentation:

Breakup by Test Type:

• Guaiac FOB Stool Test
• Immuno-FOB Agglutination Test
• Lateral Flow Immuno-FOB Test
• Immuno-FOB ELISA Test

Breakup by End User:

• Hospitals
• Clinical Diagnostic Laboratories
• Physician Office Laboratories

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Contact US:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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 Fecal Occult Testing Market Report 2024-2032, Industry Growth Opportunity, and Forecast here

News-ID: 3375963 • Views:

More Releases from IMARC Group

Global Cellulose Prices Q2 2025 - Trend, News & Insights
Global Cellulose Prices Q2 2025 - Trend, News & Insights
North America Cellulose Prices Movement Q2 Cellulose Prices in United States: In Q2 2025, US Cellulose Prices were pressured by reduced output at pulp mills due to maintenance and labor shortages. Timber harvesting delays from adverse weather constrained raw material supply. Steady demand from packaging and construction supported consumption, while rising fuel surcharges and logistics costs added to overall pricing challenges. Get the Real-Time Prices Analysis: https://www.imarcgroup.com/cellulose-pricing-report/requestsample APAC Cellulose Prices Movement Q2: Cellulose Prices in
E-Waste Manufacturing Plant Report 2025: Raw Materials Requirement, Setup Cost and Revenue
E-Waste Manufacturing Plant Report 2025: Raw Materials Requirement, Setup Cost a …
E-Waste refers to discarded electronic devices such as computers, smartphones, televisions, and household appliances that have reached the end of their life cycle. It contains both valuable materials like gold, copper, and rare earth elements, as well as hazardous substances such as lead, mercury, and cadmium, making proper recycling crucial for environmental safety and resource recovery. Setting up an e-waste recycling plant requires investment in land, machinery for dismantling and extraction,
Cement Bricks Manufacturing Plant Report 2025: Business Plan, and Setup Details
Cement Bricks Manufacturing Plant Report 2025: Business Plan, and Setup Details
Cement bricks are solid or hollow rectangular blocks made from a mixture of cement, sand, and aggregates, molded and cured for strength and durability. They are widely used in construction due to their uniform shape, load-bearing capacity, resistance to fire and weather, and cost-effectiveness compared to traditional clay bricks. Setting up a cement bricks manufacturing plant involves securing land, installing machinery like mixers and molding units, sourcing raw materials, and employing
Propyl Cyanoacetate Production Cost Report 2025: Detailed Guide on Plant Setup, CapEx/OpEx and Profitability
Propyl Cyanoacetate Production Cost Report 2025: Detailed Guide on Plant Setup, …
Setting up a propyl cyanoacetate production facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Propyl Cyanoacetate Production Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a propyl cyanoacetate

All 5 Releases


More Releases for Test

Vitamin Test Market: Global Vitamin Test Analysis and Forecast (2023-2029)Vitami …
12.04.2024: Vitamin Test Market Overview The development of companion diagnostic tools and advances in personalised treatment are driving considerable growth and revolution in the oncology Vitamin Test market. In the era of precision medicine, where healthcare is increasingly customised for individual individuals based on their own genetic and molecular profiles, this market segment is essential. Ongoing innovation and development define the oncology Vitamin Test market. To find particular biomarkers, genetic mutations,
CAGR 8.1% Homecare Pregnancy Test Kits Market By Type of Test (Urine Test For H …
The Homecare Pregnancy Test Kits market report by Reports and Data provides an extensive overview of the vital elements of the Homecare Pregnancy Test Kits market and factors such as the drivers, restraints, latest trends, supervisory scenario, competitive landscape, technological advancements, and others. Further, it mentions the market shares associated with the market in terms of both value and volume along with the segmentation. Space-age industrial and digitalization tools are
Home Safety Test Kits Market, Home Safety Test Kits Market Trends, Home Safety T …
“Home Safety Test Kits Market” 2020-2025 Research Report is a professional and in-depth study on the current state of the market. Global Home Safety Test Kits market containing a complete view of the market size, business share, profit estimates, SWOT analysis and the regional landscape of the Industry. The report explains key challenges and future development prospects of the market. The Global Home Safety Test Kits analysis is provided for
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Hearing Screening and Diagnostic Devices Market Demands with Major Tests: pure T …
New Market Research Reports Title "Hearing Screening And Diagnostic Devices Market 2018" Has Been Added to Crystal Market Research Report database. Hearing Screening and Diagnostic Devices - Competitive Insights: The leading players in the market are Gn Otometrics A/S, Otodynamics, Nashua Hearing Group, Siemens Healthineers, Natus Medical Incorporated, Interacoustics A/S, Neurosoft S.A, Accent Hearing Pty Ltd, MAICO Diagnostics GmbH and IntriCon Corporation. The major players in the market are profiled in detail
Global Low Temperature Test Equipment Market Outlook 2017 : Ektron Tek, IEC Test …
Global Low Temperature Test Equipment Market 2017-2022 A market study ” Global Low Temperature Test Equipment Market ” examines the performance of the Low Temperature Test Equipment market 2017. It encloses an in-depth Research of the Low Temperature Test Equipment market state and the competitive landscape globally. This report analyzes the potential of Low Temperature Test Equipment market in the present and the future prospects from various angles in detail. The Global