InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Fecal Calprotectin Test Market– (Patient Type: Adult and Pediatric; Assay Type: ELISA [Enzyme Linked Immunosorbent Assay], Enzyme Fluoroimmunoassay, and Quantitative Immune-chromatography)), By Indication, By End-user, By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”
According to the latest research by InsightAce Analytic, the Global Fecal Calprotectin Test Market is valued at US$ 140.2 Mn in 2023, and it is expected to reach US$ 280.5 Mn by 2031, with a CAGR of 9.17% during the forecast period of 2024-2031.
Fecal calprotectin tests help to detect gastrointestinal inflammation. White blood cells produce a protein known as calprotectin when inflammation strikes. The increasing occurrence of inflammatory bowel disease and gastrointestinal illnesses is projected to drive substantial expansion in the global fecal calprotectin test market over the coming years. Because inflammatory bowel disease and colon cancer are more common in adults, the fecal calprotectin test is typically administered to this population. Global fecal calprotectin test market expansion is anticipated to be driven by rising patient and healthcare professional awareness of the need for early diagnosis and treatment. Additionally, the healthcare industry is embracing personalized medicine, with more government programs aimed at colorectal screening. Home-based testing kits for fecal calprotectin tests are being introduced, allowing patients to monitor their gastrointestinal health without leaving the comfort of their homes.
Furthermore, the fecal calprotectin test market is poised for expansion due to the rising popularity of non-invasive diagnostics, advancements in testing technology, and increased consumer interest in gastrointestinal health. Potential possibilities for substantial expansion include penetrating new markets and capitalizing on the popularity of at-home testing kits. A significant obstacle to the market’s expansion is the general public’s ignorance and constrained insurance reimbursement, particularly in less developed regions..
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List of Prominent Players in the Fecal Calprotectin Test Market:
- Abbexa
- ALPCO
- Alpha Laboratories
- Biomerica
- BÜHLMANN Laboratories AG
- DRG Instruments GmbH
- EagleBio
- Epitope Diagnostics, Inc.
- OPERON, S.A.
- R-Biopharm AG
- Svar Life Science
- Thermo Fisher Scientific Inc.
- Werfen
- SENTINEL CH. SpA
- Diazyme Laboratories, Inc.
- DiAgam
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Market Dynamics:
Drivers:
An increase in the need for precise diagnostics at an early stage and developments in diagnostic testing technology are the main drivers of the fecal calprotectin tests market. There is an increasing need for precise and prompt medical diagnosis. Healthcare practitioners and patients emphasize the importance of rapid and accurate diagnosis of gastrointestinal problems to enhance treatment results and successfully manage illnesses. Additionally, innovations in testing instruments have increased the efficiency, precision, and reliability of fecal calprotectin tests, increasing the demand for these tests. Automated analyzers and enhanced assay methodologies have made these tests more accessible and attractive by facilitating speedier results and increased diagnostic precision. Because of this, fecal calprotectin tests are becoming increasingly popular worldwide.
Challenges:
There are several obstacles in the fecal calprotectin test industry. These challenges include the high price of fecal calprotectin tests, which is a major factor discouraging their widespread use, especially in areas with low per capita income. Furthermore, healthcare practitioners and patients may need to fully understand the advantages of fecal calprotectin testing, which can limit their broad use. Growing a customer base is already challenging enough without adding red tape like regulations and strict quality controls. Moreover, problems with sample collecting, handling, and processing might also impact the results’ dependability. These factors provide obstacles to the expansion and wider adoption of fecal calprotectin testing in the world of healthcare.
Regional Trends:
The North American fecal calprotectin test market is anticipated to register a major market share in terms of revenue. It is projected to grow at a high CAGR soon due to several factors, including improvements in healthcare infrastructure, more public understanding of the disease, a surge in interest in less invasive diagnostic procedures, a greater emphasis on the need for early diagnosis, and substantial funding for medical research and technological advancements in this area. Besides, Europe had a significant market share due to increased knowledge about inflammatory bowel disorder and colorectal cancer, as well as a substantial patient population. In addition, there has been an uptick in research efforts nationwide, substantial healthcare spending, new technologically improved items have been widely adopted, and advanced technology has been made available early in this region.
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Recent Developments:
- In May 2024, ALPCO-GeneProof, a world leader in molecular diagnostics, and Revvity’s EUROIMMUN division, a top producer of in-vitro diagnostic products, established a strategic alliance to increase the availability of GeneProof PCR kits across the EU. As a result of this partnership, the cutting-edge molecular diagnostic technologies developed by ALPCO-GeneProof will be combined with EUROIMMUN’s vast distribution network and support infrastructure.
- In May 2024, Epitope Diagnostics, Inc. introduced its fully automated chemiluminescent immunoassay devices (ECL25 and ECL100) along with panel kits that include both common and specialized chemiluminescent immunoassay tests for a range of clinical types.
Segmentation of Fecal Calprotectin Test Market-
Fecal Calprotectin Test Market- By Patient Type
- Adult
- Pediatric
Fecal Calprotectin Test Market- By Assay Type
- ELISA (Enzyme-linked Immunosorbent Assay)
- Enzyme Fluoroimmunoassay
- Quantitative Immune-Chromatography
Fecal Calprotectin Test Market- By Indication
- Inflammatory Bowel Disease
- Colorectal Cance
- Celiac Disease
Fecal Calprotectin Test Market- By End-User
- Hospitals
- Diagnostic Laboratories
- Academic & Research Institutes
Fecal Calprotectin Test Market- 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 the Middle East and Africa
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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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