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Gastrointestinal Diagnostics Market Trends

Report ID: GMI9711 Published Date: May 2024Report Format: PDF
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Gastrointestinal Diagnostics Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous innovations in diagnostic technologies, growing demand for non-invasive diagnostic approaches, rising focus on early detection and screening programs, and surging demand for integrated artificial intelligence in healthcare and machine learning, among other factors are propelling the industry growth.

  • Further, there is a growing demand for non-invasive diagnostic approaches in the GI diagnostics market. Non-invasive tests, such as stool-based tests for colorectal cancer diagnostics, breath tests for Helicobacter pylori infection, and serum biomarker assays for inflammatory bowel disease (IBD), offer convenience, ease of use, and reduced patient discomfort. As a result, there is an increasing focus on the development of non-invasive diagnostic technologies and biomarkers for various GI disorders, driving market growth in this segment.
  • Moreover, point-of-care testing for GI conditions is expanding, driven by the need for rapid and convenient diagnostic solutions. POCT devices for detecting gastrointestinal infections, inflammation, and occult blood are becoming more prevalent in primary care settings, emergency departments, and outpatient clinics, enabling timely decision-making and treatment initiation, thereby aforementioned factors are expected to drive the market.
Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Why is the need for culture and sensitivity gastrointestinal testing rising?+

The culture and sensitivity testing technology segment in the gastrointestinal diagnostics industry accounted for 33.6% share in 2023 and is projected grow at significant rate from 2024 to 2032, due to growing need for accurate and timely identification of causative agents to guide appropriate treatment.

Why is the demand for gastrointestinal endoscopy rising?+

The endoscopy test type segment in the gastrointestinal diagnostics industry recorded USD 1.7 billion in 2023, as it provides direct visualization of the gastrointestinal (GI) tract, allowing for accurate and precise diagnosis of various GI conditions such as ulcers, polyps, inflammation, and tumors.

How big is the gastrointestinal diagnostics market?+

Gastrointestinal diagnostics industry size was worth USD 4.8 billion in 2023 and is projected to expand at 4.6% CAGR from 2024 to 2032, due to the increasing prevalence of GI disorders, rising adoption of non-invasive diagnostic techniques, and growing healthcare expenditure.

What factors are driving gastrointestinal diagnostics market growth in North America?+

North America gastrointestinal diagnostics market recorded USD 1.9 billion in revenue in 2023 and is projected to grow at 4.4% CAGR between 2024 and 2032, led by the increasing burden of gastrointestinal diseases, like colorectal cancer, inflammatory bowel disease (IBD), gastroesophageal reflux disease (GERD), and infectious gastrointestinal illnesses.

Gastrointestinal Diagnostics Market Scope

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