Helicobacter Pylori Diagnostic Market Size and Share with a Focus on Immunoassays POC and Molecular Diagnostics

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Helicobacter Pylori Diagnostic Market Size, Share & Trends Analysis Report By Technology (Immunoassays, POC, Molecular Diagnostics), By End User (Hospitals, Diagnostics Laboratories, Clinics)- Market Outlook And Industry Analysis 2031"

The Global Helicobacter Pylori Diagnostic Market is estimated to reach over USD 994.69 million by 2031, exhibiting a CAGR of 6.31% during the forecast period.

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Helicobacter pylori (H. pylori) is a Gram-negative, aerobic bacterium that is commonly present in the stomach and plays a significant role in the gastric environment. However, this spiral-shaped microorganism is linked to an elevated risk of conditions such as gastric cancer, peptic ulcers, and chronic gastritis, as it can invade the esophagus, small intestine, and stomach lining.

The growing prevalence of stomach ulcers is a primary factor anticipated to drive the expansion of the H. pylori diagnostics market. Furthermore, the increasing global geriatric population, rising demand for point-of-care testing devices, a shift towards non-invasive testing methods, and improved accessibility to diagnostic services are all contributing to the market's growth.

List of Prominent Players in the Helicobacter pylori diagnostic Market:
• Abbott
• Agilent Technologies, Inc.
• Alpha Laboratories
• Avanos Medical Devices.
• Biohit Oyj
• Bio-Rad Laboratories
• Cardinal Health, Inc.
• Certest Biotec
• CorisBioconcept SPRL
• EKF Diagnostics
• Epitope Diagnostics
• Exalenz Bioscience Ltd.
• F. Hoffmann-La Roche Ltd
• Gulf Coast Scientific
• Halyard Health, Inc.
• Helena Laboratories Corporation
• HORIBA Europe GmbH
• Medline Industries, Inc.
• Meridian Bioscience, Inc.
• QIAGEN
• Quest Diagnostics
• Quidel Corporation.
• Sekisui Diagnostics
• Takara Bio Inc.
• Thermo Fisher Scientific, Inc.

Market Dynamics:
Drivers-
The key factors driving market growth include the rising demand for personalized antibiotic therapy and the increasing cost-effectiveness of diagnostic procedures. The adoption of pre- and post-treatment monitoring tests is anticipated to grow, fueled by the availability of affordable antibiotics and shorter treatment durations. Additionally, the growing prevalence of Helicobacter pylori infections, the need for early detection of symptoms, and advancements in diagnostic technologies are crucial contributors to the market's expansion.

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Challenges:
The growth of the Helicobacter pylori diagnostics market during the forecast period is expected to be hindered by a shortage of skilled professionals and limited awareness of the benefits of testing in emerging markets. Additionally, competitive pricing pressures are anticipated to pose a significant challenge to market expansion.

Regional Trends:
In Asia, the demand for Helicobacter pylori diagnostics is primarily driven by the high prevalence of infectious diseases in the region. The adoption of these tests is expected to rise due to challenges such as inadequate sanitation and healthcare infrastructure in countries like India. Furthermore, leading market players are likely to stimulate regional growth by introducing innovative products and establishing new manufacturing facilities in the coming years.

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Recent Developments:
• In Oct 2018, DiaSorin S.p.A. and Meridian Bioscience, Inc. announced a strategic collaboration in which DiaSorin Inc., a subsidiary of DiaSorin S.p.A., and Meridian Bioscience, Inc. will market DiaSorin's FDA-cleared Helicobacter pylori stool antigen test to detect H. pylori for use on its automatic LIAISON platform under the Meridian brand name worldwide. Meridian and DiaSorin will begin partnering on sales and marketing efforts to hospitals and reference labs in the United States as part of this collaboration. In addition to the royalties collected under the prior agreement, Meridian will obtain royalties on sales of the LIAISON H. pylori stool antigen test in the United States and, now, the United Kingdom.

Segmentation of Helicobacter Pylori Diagnostic Market-
By Technology-
• Immunoassays
• POC
• Molecular Diagnostics
By End-User-
• Hospitals
• Diagnostics Laboratories
• Clinics
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/helicobacter-pylori-diagnostic-market/1765

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.