Market Overview:
The global fecal occult blood diagnostic kits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of colorectal cancer, rising awareness about early diagnosis and screening for colorectal cancer, and technological advancements in fecal occult blood diagnostic kits. Based on type, the global fecal occult blood diagnostic kits market can be segmented into desktop and portable devices. The desktop devices segment is expected to account for a larger share of the global market than the portable devices segment during the forecast period. This can be attributed to factors such as lower cost and higher accuracy of desktop devices compared with portable devices. Based on application, the global fecal occult blood diagnostic kits market can be divided into hospitals, clinics, and others (including research laboratories and home users). The hospitals segment is expected to account for a larger share of the global market than other segments during the forecast period. This growth can be attributed to increasing demand for early diagnosis of colorectal cancer from patients admitted in hospitals owing to its high mortality rate if left untreated.
Product Definition:
A fecal occult blood diagnostic kit is a medical device that is used to test for the presence of blood in feces. This type of kit is commonly used to screen for colorectal cancer.
Desktop:
Desktop is a portable device used for testing and collecting samples. It's an independent unit that can be taken home from the hospital or clinic and used at another location to collect additional specimens. The process of collecting stool specimen using desktop is known as fecal occult blood (FOB) testing.
Portable:
Portable and it's usage in Fecal Occult Blood Diagnostic Kits are used for the detection of blood in stool. It is a non-invasive process that involves testing of fecal samples by using different techniques like microscopy, chemical tests, and others. The most common method used for detecting blood is microscopy wherein the sample is examined under a microscope to see if there are any visible clots or not.
Application Insights:
The others application segment includes home healthcare, laboratories and diagnostic centers. The use of the kits at home healthcare is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in demand for point-of-care testing in emerging economies such as China, India and Brazil. Furthermore, the growing awareness about these tests among consumers is anticipated to boost their demand over the forecast period.
The hospital application segment accounted for a revenue share of 69.3% in 2017 due to an increase in number of hospitals across developing countries that are purchasing these kits due to their ease of use and low cost compared with laboratory tests performed at hospitals or clinics.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of players coupled with high awareness levels and technological advancements are some factors responsible for its large share. In addition, the region is expected to maintain its dominance over the forecast period owing to continuous product launches by companies such as BioDirection, Inc.; Quest Diagnostics; and American Diagnostic Corporation.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising incidences of infectious diseases coupled with growing healthcare expenditure in emerging countries such as China and India.
Growth Factors:
- Increasing incidence of colorectal cancer: The incidence of colorectal cancer is increasing at an alarming rate across the globe. This is primarily attributed to changing lifestyle and dietary habits. Fecal occult blood diagnostic kits can help in early diagnosis of the disease, which can improve the chances of successful treatment.
- Growing awareness about colorectal cancer: There is a growing awareness among people about the risk factors and symptoms associated with colorectal cancer. This is helping to drive demand for fecal occult blood diagnostic kits.
- Technological advancements: The development of new and innovative technologies has helped to boost growth prospects for the fecal occult blood diagnostic kits market. For instance, recent advancements in DNA sequencing technology have made it possible to detect minute amounts of blood in stool samples, thus improving accuracy levels significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fecal Occult Blood Diagnostic Kits Market Research Report
By Type
Desktop, Portable
By Application
Hospital, Clinic, Others
By Companies
WISAP Medical Technology, Cure Medical, Syris Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Fecal Occult Blood Diagnostic Kits Market Report Segments:
The global Fecal Occult Blood Diagnostic Kits market is segmented on the basis of:
Types
Desktop, Portable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WISAP Medical Technology
- Cure Medical
- Syris Scientific
Highlights of The Fecal Occult Blood Diagnostic Kits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desktop
- Portable
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fecal Occult Blood Diagnostic Kits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fecal occult blood diagnostic kits are a type of medical test used to detect the presence of blood in feces. This test is used to diagnose conditions such as intestinal bleeding or infection.
Some of the key players operating in the fecal occult blood diagnostic kits market are WISAP Medical Technology, Cure Medical, Syris Scientific.
The fecal occult blood diagnostic kits market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fecal Occult Blood Diagnostic Kits Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fecal Occult Blood Diagnostic Kits Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fecal Occult Blood Diagnostic Kits Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fecal Occult Blood Diagnostic Kits Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fecal Occult Blood Diagnostic Kits Market Size & Forecast, 2020-2028
4.5.1 Fecal Occult Blood Diagnostic Kits Market Size and Y-o-Y Growth
4.5.2 Fecal Occult Blood Diagnostic Kits Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Desktop
5.2.2 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fecal Occult Blood Diagnostic Kits Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fecal Occult Blood Diagnostic Kits Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Desktop
9.6.2 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Desktop
10.6.2 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Desktop
11.6.2 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Desktop
12.6.2 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Desktop
13.6.2 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fecal Occult Blood Diagnostic Kits Market: Competitive Dashboard
14.2 Global Fecal Occult Blood Diagnostic Kits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WISAP Medical Technology
14.3.2 Cure Medical
14.3.3 Syris Scientific
