Market Overview:
The global fecal occult testing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of colorectal cancer, rising awareness about early diagnosis and treatment of colorectal cancer, and technological advancements in fecal occult testing products. However, the high cost of tests is expected to restrain the growth of this market during the forecast period. The global fecal occult testing market can be segmented on the basis of type into children’s fecal occult testing and adults’ fecal occult testing. On the basis of application, this market can be segmented into hospitals, clinics, and other applications such as research laboratories and home-use kits. Geographically, this market can be segmented into North America, Latin America, Europe Asia Pacific ,and Middle East & Africa . In 2017 North America accounted for majority share in terms revenue followed by Europe .
Product Definition:
A fecal occult blood test is a laboratory examination of a small amount of stool (faeces) for the presence of blood. It is used to screen for gastrointestinal bleeding, which can be an early sign of cancer, polyps, Crohn's disease or ulcerative colitis.
Children Fecal Occult Testing:
Children Fecal Occult Testing (CFO) is a new and emerging field in the global market. It's an examination of human excreta for the detection of intestinal or other disorders in children. This procedure has gained significant importance owing to rising prevalence of chronic diseases, such as diarrhea, which are difficult to diagnose in younger patients. In addition, increasing awareness among parents regarding their child’s health is also one of the major factors responsible for growth of this market globally.
Adults Fecal Occult Testing:
Adults fecal occult testing is used to detect the presence of blood in stool. Stool can contain bacteria, viruses, and other harmful substances that if not removed can cause several diseases. Thus it is very important to test the stools at least once a week and preferably once a day for any changes in bowel movements.
Application Insights:
The hospitals segment dominated the global market in 2017. This is owing to factors such as availability of advanced healthcare facilities and highly skilled professionals, especially in developed countries like the U.S., Germany, and France. Furthermore, a rise in prevalence of chronic diseases along with an increase in number of hospital admissions is expected to drive demand for FMT over the forecast period.
Hospital-based clinics are preferred by patients who cannot travel long distances or prefer home care due to their condition or illness. These individuals require diagnosis from a medical professional during their stay at a hospital-based clinic; hence, they opt for fecal occult testing at these clinics as it requires minimal monitoring time required compared to other methods used for diagnosis of C difficile infection (CDI). In addition, hospitals have better infrastructure than any other healthcare facility that provides better diagnostic facilities including advanced testing equipment required for accurate results delivery within shorter turnaround times which further drives product demand at this location type over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of laboratories accredited by American Board of Fecal Occultology (ABFO) and Centers for Disease Control & Prevention (CDC) has contributed to the growth. In addition, increasing cases of infectious diseases such as Clostridium difficile, hepatitis A and B, C difficile infection are further expected to drive the regional demand for fecal occult testing over the forecast period.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to rising healthcare expenditure coupled with growing awareness about various available diagnostic tests in emerging countries such as India and China. Furthermore, increasing incidence rates of cancer have led physicians from these regions to focus on preventive care measures including screening for colorectal cancer which will also boost product demand over next eight years (from 2018 to 2030).
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 testing helps in early diagnosis of the disease, which increases the chances of successful treatment.
- Growing awareness about preventive health care: There is a growing awareness among people about the importance of preventive health care measures. This has led to an increase in demand for fecal occult testing as a means to detect early signs of diseases such as colorectal cancer.
- Technological advancements: The field of fecal occult testing is witnessing rapid technological advancements, which is helping to improve accuracy and efficiency of tests performed. This is resulting in an increased uptake of these tests by healthcare providers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fecal Occult Testing Market Research Report
By Type
Children Fecal Occult Testing, Adults Fecal Occult Testing
By Application
Hospitals, Clinics, Other
By Companies
Abbott, Danaher, Eiken Chemical, Epigenomics, Quidel
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Fecal Occult Testing Market Report Segments:
The global Fecal Occult Testing market is segmented on the basis of:
Types
Children Fecal Occult Testing, Adults Fecal Occult Testing
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
Hospitals, Clinics, Other
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:
- Abbott
- Danaher
- Eiken Chemical
- Epigenomics
- Quidel
Highlights of The Fecal Occult Testing 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:
- Children Fecal Occult Testing
- Adults Fecal Occult Testing
- By Application:
- Hospitals
- Clinics
- Other
- 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 Testing 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.
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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 testing (FOOT) is a procedure used to determine the presence of fecal material in the digestive system. This test can be used to diagnose various gastrointestinal diseases, including Crohn's disease and ulcerative colitis.
Some of the major companies in the fecal occult testing market are Abbott, Danaher, Eiken Chemical, Epigenomics, Quidel.
The fecal occult testing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fecal Occult Testing 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 Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fecal Occult Testing 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 Testing 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 Testing Market Size & Forecast, 2020-2028
4.5.1 Fecal Occult Testing Market Size and Y-o-Y Growth
4.5.2 Fecal Occult Testing 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 Children Fecal Occult Testing
5.2.2 Adults Fecal Occult Testing
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 Hospitals
6.2.2 Clinics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fecal Occult Testing 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 Testing 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 Children Fecal Occult Testing
9.6.2 Adults Fecal Occult Testing
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 Hospitals
9.10.2 Clinics
9.10.3 Other
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 Children Fecal Occult Testing
10.6.2 Adults Fecal Occult Testing
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 Hospitals
10.10.2 Clinics
10.10.3 Other
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 Children Fecal Occult Testing
11.6.2 Adults Fecal Occult Testing
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 Hospitals
11.10.2 Clinics
11.10.3 Other
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 Children Fecal Occult Testing
12.6.2 Adults Fecal Occult Testing
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 Hospitals
12.10.2 Clinics
12.10.3 Other
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 Children Fecal Occult Testing
13.6.2 Adults Fecal Occult Testing
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 Hospitals
13.10.2 Clinics
13.10.3 Other
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 Testing Market: Competitive Dashboard
14.2 Global Fecal Occult Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Danaher
14.3.3 Eiken Chemical
14.3.4 Epigenomics
14.3.5 Quidel
