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Gastric Cancer Diagnostic Procedure Global Market Rising Trends, Industry Size, Share Report, Growing Demand and Business Opportunities And Forecast 2024-2033
Gastric Cancer Diagnostic Procedure Market
As per the report, the gastric cancer diagnostic procedure market size has grown strongly in recent years. It will grow from $1.32 billion in 2023 to $1.43 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The gastric cancer diagnostic procedure market size is expected to see strong growth in the next few years. It will grow to $1.88 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
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Gastrointestinal Disease Prevalence Propels Growth In The Gastric Cancer Diagnostic Procedure Market
The increasing prevalence of gastrointestinal diseases is driving the growth of the gastric cancer diagnostic procedure market going forward. Gastrointestinal disorders refer to illnesses affecting the digestive system's many sections and the supporting organs, including the liver and pancreas. A gastric cancer diagnostic procedure is used to treat stomach cancer which treats gastric cancer such as endoscopic and biopsy. Hence, the growing incidence of gastrointestinal diseases is fueling the expansion of the gastric cancer diagnostic procedure market. For instance, in August 2022, according to the report published by GI Associates & Endoscopy Center, a US-based medical facility specializing in gastroenterology services, a study that included 73,076 people from 33 nations, 40% of the subjects suffered from a functional gastrointestinal illness. Therefore, the increasing prevalence of gastrointestinal diseases contributes to the growth of the gastric cancer diagnostic procedure market.
Revolutionizing Gastric Cancer Diagnosis Through The Impact Of Cutting-Edge Technologies In The Diagnostic Market
Technological advancements are a key trend gaining popularity in the gastric cancer diagnostic market. Major companies operating in the gastric cancer diagnostic market are adopting new technologies to sustain their position in the market. For instance, in June 2022, Ibex Medical Analytics, an Israel-based AI-powered diagnostics provider for health organizations, launched Galen Gastric, the world's first AI-powered solution for gastric cancer detection. Galen Gastric is an integrated diagnostic tool that helps pathologists identify stomach cancer, H. pylori, and other significant clinical findings while also facilitating quicker turnaround times and improved diagnostic workflows.
The gastric cancer diagnostic procedure market covered in this report is segmented -
1) By Procedure Type: Endoscopic Procedure, Biopsy, Tissue tests, Lab tests, In-vitro Diagnostic Tests, Imaging Tests, Molecular Diagnostics, Multiplexing Molecular Diagnostics, Immunoassays, Other Procedure Types
2) By Symptom Type: Symptomatic, Asymptomatic
3) By Offering Type: Instruments, Reagents and Consumables, Services
4) By Body Fluid Type: Blood, Urine, Saliva, Stomach Juice, Tissue, Other Body Fluid
5) By Disease Indication: Early Gastric Cancer, Advanced Gastric Cancer
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Major companies operating in the gastric cancer diagnostic procedure market report are Pfizer Inc., Johnson & Johnson Co, F. Hoffmann La Roche Ltd., Merck & Co. Inc., Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Thermo Fisher Scientific Inc., AstraZeneca plc, Abbott Laboratories Inc., Sanofi SA, Eli Lilly and Company, Otsuka Pharmaceutical Co Ltd., AdventHealth, Atrium Health, Astellas Pharma Inc, Bausch Health Companies Inc., Agilent Technologies Inc., Ipsen Pharma, Hartford HealthCare, Myriad Genetics Inc., Myriad Genetics Inc., NovoCure Limited, Foundation Medicine Inc., Biocept Inc.
Contents of the report:
1. Executive Summary
2. Gastric Cancer Diagnostic Procedure Market Report Structure
3. Gastric Cancer Diagnostic Procedure Market Trends And Strategies
4. Gastric Cancer Diagnostic Procedure Market - Macro Economic Scenario
5. Gastric Cancer Diagnostic Procedure Market Size And Growth
…..
27. Gastric Cancer Diagnostic Procedure Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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