{"product_id":"fecal-occult-testing-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Fecal Occult Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eFecal Occult Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nThe global fecal occult testing market size reached US$ 1,302 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,735 Million by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eA fecal occult blood test (FOBT) is a noninvasive procedure used to detect hidden blood in the feces or stool. It is performed by collecting samples using cards and flushable reagent pads or tissues. These samples are sent to the laboratory for testing and are used to diagnose conditions such as hemorrhoids, diverticulosis, ulcers, colitis, benign tumors and colon polyps or cancer, which cause bleeding in the digestive tract. At present, the growing awareness about early screening is promoting the adoption of fecal occult testing, as it enables quick medical decisions, provides effective healthcare, and leads to improved quality of life and the reduced mortality rate.\u003c\/p\u003e\n\n\u003cp\u003eThe rising focus on integrated health services for improved patient experience and health outcomes, in confluence with the increasing inclination towards point-of-care diagnostics (POCD), represents one of the key factors stimulating the market growth. Apart from this, the rising geriatric population is accelerating the growth of the market as the risk of contracting diseases increases with age. As a result, governing agencies of various countries are implementing several FOBT screening programs for older adults. Furthermore, the widespread adoption of minimally invasive (MI) procedures is contributing to the growth of the market. Besides this, immunochemical fecal occult blood tests (iFOBTs or FITs) are gaining traction as they are easy to use and clinically more sensitive to cancers and advanced adenomas. The easy availability of FOBT devices at online retail stores is anticipated to create a positive impact on the market growth in the upcoming years.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC Group provides an analysis of the key trends in each sub-segment of the global fecal occult testing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on test type and end user.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Test Type:\u003c\/p\u003e\n\n\u003cp\u003eGuaiac FOB Stool Test\u003c\/p\u003e\n\n\u003cp\u003eImmuno-FOB Agglutination Test\u003c\/p\u003e\n\n\u003cp\u003eLateral Flow Immuno-FOB Test\u003c\/p\u003e\n\n\u003cp\u003eImmuno-FOB ELISA Test\u003c\/p\u003e\n\n\u003cp\u003eBreakup by End User:\u003c\/p\u003e\n\n\u003cp\u003eHospitals\u003c\/p\u003e\n\n\u003cp\u003eClinical Diagnostic Laboratories\u003c\/p\u003e\n\n\u003cp\u003ePhysician Office Laboratories\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003c\/p\u003e\n\n\u003cp\u003eUnited States\u003c\/p\u003e\n\n\u003cp\u003eCanada\u003c\/p\u003e\n\n\u003cp\u003eAsia-Pacific\u003c\/p\u003e\n\n\u003cp\u003eChina\u003c\/p\u003e\n\n\u003cp\u003eJapan\u003c\/p\u003e\n\n\u003cp\u003eIndia\u003c\/p\u003e\n\n\u003cp\u003eSouth Korea\u003c\/p\u003e\n\n\u003cp\u003eAustralia\u003c\/p\u003e\n\n\u003cp\u003eIndonesia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eEurope\u003c\/p\u003e\n\n\u003cp\u003eGermany\u003c\/p\u003e\n\n\u003cp\u003eFrance\u003c\/p\u003e\n\n\u003cp\u003eUnited Kingdom\u003c\/p\u003e\n\n\u003cp\u003eItaly\u003c\/p\u003e\n\n\u003cp\u003eSpain\u003c\/p\u003e\n\n\u003cp\u003eRussia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eLatin America\u003c\/p\u003e\n\n\u003cp\u003eBrazil\u003c\/p\u003e\n\n\u003cp\u003eMexico\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eMiddle East and Africa\u003c\/p\u003e\n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Beckman Coulter Inc. (Danaher Corporation), Biohit Oyj, EDP Biotech Corporation, Eiken Chemical Co. Ltd., Epigenomics AG, Quest Diagnostics Incorporated, Quidel Corporation and Randox Laboratories Ltd.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003c\/p\u003e\n\n\u003cp\u003eHow has the global fecal occult testing market performed so far and how will it perform in the coming years?\u003c\/p\u003e\n\n\u003cp\u003eWhat has been the impact of COVID-19 on the global fecal occult testing market?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key regional markets?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the test type?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the end user?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the various stages in the value chain of the industry?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key driving factors and challenges in the industry?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the structure of the global fecal occult testing market and who are the key players?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the degree of competition in the industry?\u003c\/p\u003e","brand":"Life Science","offers":[{"title":"May, 2023 \/ 142 Pages \/ MCW16236884","offer_id":47652302717234,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/fecal-occult-testing-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}