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The Impact Of Rising Inflammatory Bowel Disease Prevalence On The Faecal Extraction Systems Market: Critical Driver Shaping the Faecal Extraction Systems Market in 2025
Faecal Extraction Systems
Faecal Extraction Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of faecal extraction systems has experienced consistent growth over the past few years. It is expected to expand from $1.66 billion in 2024 to $1.71 billion in 2025, with a compound annual growth rate (CAGR) of 3.3%. The growth witnessed during the historical period is due to factors such as ethical issues and strict regulations, the state of the economy, disruption in research activities, the effect of the COVID-19 pandemic, and a rise in the incidence of inflammatory bowel disease (IBD).
Faecal Extraction Systems Market Size Forecast: What's the Projected Valuation by 2029?
The market size of faecal extraction systems is predicted to experience substantial growth in the upcoming years, reaching a value of $2.14 billion by 2029, with a compound annual growth rate (CAGR) of 5.7%. The anticipated growth during the forecast period is spurred by sustainable recovery, regional supremacy, government backing, and investments in research, in addition to recovery following the covid era. Significant tendencies projected during this period involve advancements in products, strategic marketing, players in the market, economic circumstances, and technological innovations.
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What Are the Drivers Transforming the Faecal Extraction Systems Market?
The escalating incidence of inflammatory bowel disease (IBD) is anticipated to drive the growth of the faecal extraction systems market in the future. IBD encompasses a set of conditions involving lasting inflammation of the digestive system. Faecal extraction systems play a pivotal role in the diagnosis, monitoring of disease severity, treatment decision-making, and prediction of disease recurrence and post-operative re-occurrence in IBD; hence, the growing incidence of IBD boosts the demand for these systems. For example, the Impact of IBD Report 2023 released by the IBD Clinical and Research Centre, an organization based in Canada dedicated to enhancing the quality of life of patients suffering from Crohn's disease and ulcerative colitis, stated that as of September 2023, the prevalence of IBD in Canada was 825 per 100,000. This equates to more than 320,000 Canadians living with IBD. Given that the prevalence is projected to rise by 2.44% annually, it is forecasted that by 2035, 1.1% of the population or 470,000 Canadians, will be living with IBD. As a result, the escalating incidence of IBD is expected to fuel the growth of the faecal extraction systems market.
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What Long-Term Trends Will Define the Future of the Faecal Extraction Systems Market?
Leading businesses in the faecal extraction system industry are introducing groundbreaking products such as fecal DNA evaluations to reach larger customer circles, enhance sales, and boost income. Fecal DNA assessments are non-invasive diagnostic methods that study DNA acquired from an individual's feces sample. For example, in March 2023, BGI Genomics, a biotechnology firm based in China, in collaboration with Zentya, a top-tier provider of genetic screening in Slovakia, initiated COLOTECT 1.0. It garnered reputation as one of the first fecal DNA tests for colorectal cancer in Slovakia. COLOTECT 1.0 is notable for its non-intrusive characteristic and its capacity to detect colorectal cancer and precancerous growths. The test utilizes multiplex methylation-specific PCR technology, which identifies abnormal colorectal cancer DNA-methylation markers from fecal samples.
Which Segments in the Faecal Extraction Systems Market Offer the Most Profit Potential?
The faecal extraction systems market covered in this report is segmented -
1) By Assay: Calprotectin, Albumin, Hemoglobin, Bile Acids
2) By Analysis Test: Microscopic, Chemical, Immunological, Microbiological
3) By Indication: Parasitic Infection, Viral Infection, Bacterial Indication, Poor Nutrient Absorption
4) By End-Use: Diagnostic Centers, Hospitals And Clinics, Ambulatory Clinics, Research Centers
Subsegments:
1) By Calprotectin: Quantitative Calprotectin Assays, Qualitative Calprotectin Assays
2) By Albumin: Fecal Albumin Assays, Albumin-To-Creatinine Ratio Assays
3) By Hemoglobin: Fecal Occult Blood Tests (FOBT), Immunochemical Fecal Hemoglobin Tests
4) By Bile Acids: Fecal Bile Acid Assays, Bile Acid Malabsorption Tests
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Which Firms Dominate the Faecal Extraction Systems Market by Market Share and Revenue in 2025?
Major companies operating in the faecal extraction systems market are 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
Which Regions Offer the Highest Growth Potential in the Faecal Extraction Systems Market?
North America was the largest region in the faecal extraction systems market in 2024. The regions covered in the faecal extraction systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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