Technavio has been monitoring the fecal occult testing market and it is poised to grow by USD 75.15 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Fecal Occult Testing Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of over 4%, the market growth will accelerate in the forecast period.
- What is the key factor driving the market?
- Rising geriatric population is one of the key factors driving the market growth.
- Who are the top players in the market?
- Abbott Laboratories, Biohit Oyj, bioMérieux SA, Danaher Corp., Eiken Chemical Co. Ltd., Epigenomics AG, Exact Sciences Corp., Quest Diagnostics Inc., Quidel Corp., and Siemens Healthineers AG are some of the major market participants.
- Which region is expected to hold the highest market share?
- North America
- What is the year-over-year growth rate of the global market?
- The year-over-year growth rate for 2020 is estimated at 4.10%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Biohit Oyj, bioMérieux SA, Danaher Corp., Eiken Chemical Co. Ltd., Epigenomics AG, Exact Sciences Corp., Quest Diagnostics Inc., Quidel Corp., and Siemens Healthineers AG are some of the major market participants. The rising geriatric population will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Fecal Occult Testing Market 2020-2024: Segmentation
Fecal Occult Testing Market is segmented as below:
-
End-user
- Hospitals
- Clinical Diagnostic Laboratories
-
Geography
- North America
- Europe
- APAC
- South America
- MEA
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Fecal Occult Testing Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our fecal occult testing market report covers the following areas:
- Fecal Occult Testing Market size
- Fecal Occult Testing Market trends
- Fecal Occult Testing Market analysis
This study identifies an increasing number of government initiatives for CRC screening tests as one of the prime reasons driving the fecal occult testing market growth during the next few years.
Fecal Occult Testing Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the fecal occult testing market, including some of the vendors such as Abbott Laboratories, Biohit Oyj, bioMérieux SA, Danaher Corp., Eiken Chemical Co. Ltd., Epigenomics AG, Exact Sciences Corp., Quest Diagnostics Inc., Quidel Corp., and Siemens Healthineers AG. Backed with competitive intelligence and benchmarking, our research reports on the fecal occult testing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Fecal Occult Testing Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist fecal occult testing market growth during the next five years
- Estimation of the fecal occult testing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the fecal occult testing market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of fecal occult testing market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Hospitals - Market size and forecast 2019-2024
- Physicians’ office laboratories - Market size and forecast 2019-2024
- Clinical diagnostic laboratories - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Abbott Laboratories
- Biohit Oyj
- bioMérieux SA
- Danaher Corp.
- Eiken Chemical Co. Ltd.
- Epigenomics AG
- Exact Sciences Corp.
- Quest Diagnostics Inc.
- Quidel Corp.
- Siemens Healthineers AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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