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Faecal Extraction Systems Market: Steady Growth and Bright Future Prospects, Market Size to Reach $2.14 Billion by 2029
Faecal Extraction Systems Market
What Is The Projected Market Size Of The Global Faecal Extraction Systems Market And Its Growth Rate?
•The faecal extraction systems market size has seen robust growth in recent years, propelled by ethical concerns, stringent regulations, and disruption in research activities, among others.
•The market was valued at $1.66 billion in 2024 and is projected to grow to $1.71 billion in 2025 at a CAGR of 3.3%.
•Over the next few years, the market is anticipated to grow strongly, reaching a value of $2.14 billion in 2029 at a CAGR of 5.7%. This growth can be credited to sustainable recovery, regional dominance, government support, and increased research investments.
What Is Driving The Growth In The Faecal Extraction Systems Market?
The surge in the prevalence of inflammatory bowel disease (IBD) is a critical factor driving the growth of the faecal extraction systems market. The increasing instances of IBD, a category of illnesses characterized by chronic inflammation of digestive system tissues, result in a higher demand for faecal extraction systems. Used for diagnosis, treatment guidance, and disease relapse prediction, these systems are invaluable in addressing IBD-related issues. For instance, a report by IBD Clinical and Research Centre disclosed a prevalence of 825 per 100,000 in 2023 for IBD in Canada, and predicted an annual increase of 2.44%, leading to projections that 1.1% or 470,000 Canadians may be living with IBD by 2035. Therefore, the increasing prevalence of IBD is expected to drive the faecal extraction systems market growth.
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Who Are the Key Players Driving Faecal Extraction Systems Market Growth?
•Alpha Laboratories Ltd.
•Arbor Assays
•bioMérieux SA
•Buhlmann Laboratories AG
•Calpro AS
•DRG Instruments GmbH
•Promega Corporation
•Werfen SA
•Mobidiag Oy
•Biohit Healthcare Ltd.
•Meridian Bioscience Inc.
•Quidel Corporation
•DiaSorin SpA
•Sekisui Diagnostics LLC
•Hologic Inc.
•Abbott Laboratories
•Roche Diagnostics Corporation
•Siemens Healthineers
•Beckman Coulter Inc.
•Cepheid Inc.
•Danaher Corporation
•F. Hoffmann-La Roche Ltd
•Luminex Corporation
•QIAGEN NV
•Quest Diagnostics Incorporated
•Randox Laboratories Ltd.
•Thermo Fisher Scientific Inc.
•Trinity Biotech plc
What Are The Key Trends In The Faecal Extraction Systems Market?
•Product innovations
•Marketing strategies and channels
•Economic conditions
•Technological innovations
What Are The Segments Of The Global Faecal Extraction Systems Market?
•By Assay: Calprotectin, Albumin, Hemoglobin, Bile Acids
•By Analysis Test: Microscopic, Chemical, Immunological, Microbiological
•By Indication: Parasitic Infection, Viral Infection, Bacterial Indication, Poor Nutrient Absorption
•By End-Use: Diagnostic Centers, Hospitals And Clinics, Ambulatory Clinics, Research Centers
Which Region Leads The Faecal Extraction Systems Market?
North America was the largest region in the faecal extraction systems market in 2024. The regions covered in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Faecal Extraction Systems Market Global Market Report?
- Market Size Analysis: Analyze the Faecal Extraction Systems Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Faecal Extraction Systems Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Faecal Extraction Systems Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Faecal Extraction Systems Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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