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Top Market Shifts Transforming the Enteric Disease Testing Market Landscape: Key Insights
Enteric Disease Testing Market
What Is the Expected CAGR for the Enteric Disease Testing Market Through 2025?
The market size for enteric disease testing has seen robust growth in the past few years. Its expansion is projected to continue, moving from a value of $4.62 billion in 2024 up to $4.87 billion in 2025 with a compound annual growth rate (CAGR) of 5.4%. Factors such as water and food safety issues, spike in outbreak and epidemic occurrences, internationalization of food supplies, rising infections related to travel, and adherence to regulatory standards have all contributed to the growth experienced in the historical period.
What's the Projected Size of the Global Enteric Disease Testing Market by 2029?
The market size for enteric disease testing is anticipated to experience robust growth in the upcoming years, expanding to a value of $6.29 billion in 2029 with a CAGR of 6.6%. Several factors driving the growth during the forecast period include the implementation of telemedicine and remote monitoring, effects of climate change, intersectoral collaboration, resistance to antimicrobials, and the emergence of enteric pathogens. Predicted trending developments in the forecast period encompass molecular diagnostics, the incorporation of digital health, Artificial Intelligence and machine learning, as well as the use of syndromic testing and point-of-care testing.
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Top Growth Drivers in the Enteric Disease Testing Industry: What's Accelerating the Market?
The escalation in occurrences of diarrhea and hemolytic urea syndrome (HUS) is predicted to drive the expansion of the enteric disease testing market. The primary source of diarrhea cases is contaminated food and water intake. HUS, a disorder that impacts the blood and blood vessels, is most prevalent in children suffering from diarrhea. These two conditions are principal contributors to mortality rates in children below five years of age. This upswing in diarrhea and hemolytic instances warrants testing solutions, thereby boosting the need for enteric disease testing solutions. As per data from the Centers for Disease Control and Prevention, diarrhea ranks second in causing death in children below 5, with 801 thousand deaths worldwide, attributing to one in every nine child deaths annually. Consequently, the escalating instances of enteric diseases are expected to enhance the growth of the enteric disease testing market.
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What Trends Will Shape the Enteric Disease Testing Market Through 2029 and Beyond?
Leading firms in the enteric disease testing market are concentrating on the creation of superior diagnostic solutions like laboratory tools. These tools are specialized instruments utilized in scientific and medical labs to conduct tests, analyze samples, and yield accurate diagnostic data. They play a critical role in enhancing the accuracy of diagnostic procedures and aid research in several areas, including enteric disease testing. For example, Jiangsu Bioperfectus Technologies Co., Ltd., a biotechnology firm based in China, in March 2023, introduced real-time PCR kits purposed for diagnosing gastrointestinal infectious diseases. These kits offer heightened sensitivity and specificity, aiding in the accurate detection of reduced nucleic acid levels in different samples. Furthermore, they expedite the analysis process, significantly cutting down on processing times and enhancing throughput in diagnostic and research uses.
What Are the Main Segments in the Enteric Disease Testing Market?
The enteric disease testing market covered in this report is segmented -
1) By Disease Type: Bacterial Enteric Disease, Parasitic Enteric Disease, Viral Enteric Disease, Other Disease Types
2) By Technology: Traditional, Rapid, Convenience-Based, Polymerase Chain Reaction (PCR), Immunoassay, Chromatography And Spectrometry, Other Technologies
3) By Application: Hospitals, Research Centers, Clinics, Other Applications
Subsegments:
1) By Bacterial Enteric Disease: Salmonella, Escherichia coli (E. coli), Shigella, Campylobacter, Clostridium Difficile (C. diff)
2) By Parasitic Enteric Disease: Giardia lamblia, Entamoeba histolytica, Cryptosporidium, Trichinella spiralis
3) By Viral Enteric Disease: Norovirus, Rotavirus, Adenovirus, Astrovirus
4) By Other Disease Types: Fungal Enteric Infections, Foodborne Illnesses, Antibiotic-Associated Diarrhea
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Which Top Companies are Driving Growth in the Enteric Disease Testing Market?
Major companies operating in the enteric disease testing market include Becton Dickinson and Company, Biomerica Inc., bioMérieux SA, Bio-Rad Laboratories Inc., Cepheid Inc., Coris Bioconcept, DiaSorin Molecular LLC, MMeridian Life Science Inc., Trinity Biotech plc., Abbott Laboratories, Fisher Scientific Inc., Alere Inc., 3M Company., Asure Quality, Bureau Veritas, Meridian Bioscience Inc., Hologic Inc., Luminex Corporation, Nanosphere Inc., Quidel Corporation, Roche Diagnostics, Siemens Healthcare Diagnostics Inc., Vela Diagnostics, GenMark Diagnostics, BioFire Diagnostics LLC, Veredus Laboratories Pte Ltd.
Which Regions Will Dominate the Enteric Disease Testing Market Through 2029?
North America was the largest region in the enteric disease testing market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the enteric disease testing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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