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What fueled the previous growth in the faecal extraction systems market?

Over the past few years, there has been continuous growth in the size of the faecal extraction systems market. The projected growth will see its worth rise from $1.66 billion in 2024 to $1.71 billion in 2025, signifying a Compound Annual Growth Rate (CAGR) of 3.3%. Elements such as ethical considerations, strict regulations, economic situations, the disruption of research endeavors, the effects of the COVID-19 pandemic, and a heightened incidence of inflammatory bowel disease (IBD) contributed to the growth during the historic period.

What will be the faecal extraction systems market size in the future?

Expectations are high for substantial growth in the faecal extraction systems market over the coming years, with predictions showing an increase to $2.14 billion by 2029, fueled by a compound annual growth rate (CAGR) of 5.7%. This growth within the forecasted period is largely driven by developments such as sustainable recovery, regional supremacy, government assistance, and funds dedicated to research, particularly in the post-Covid recovery phase. Upcoming trends during this period encompass various aspects such as product advancements, strategic marketing methods and communication platforms, the role of market players, economic scenarios, and tech-based transformations.

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What main drivers are fueling expansion in the faecal extraction systems market?

The upward trend of inflammatory bowel disease is anticipated to drive the faecal extraction systems market’s expansion. Inflammatory bowel disease (IBD) consists of several conditions that chronically trigger digestive system tissue inflammation. Faecal extraction systems play a critical role in diagnosing, disease activity tracking, treatment guidance, predicting relapse and recurrence post-surgery in individuals with IBD. Hence, the escalating instances of IBD directly influence the demand for these systems. To illustrate, the IBD Clinical and Research Centre, a Canadian organisation that focusses on enhancing the quality of life for Crohn’s disease and ulcerative colitis patients, in its Impact of IBD Report 2023 released in September of that year, stated that with a rate of 825 per 100,000 in 2023, over 320,000 Canadians were diagnosed with IBD. Given the projected annual growth rate of 2.44%, it’s estimated that by 2035, 1.1% of the population, totaling about 470,000 Canadians, will be living with IBD. These figures signify that the growing number of IBD cases requiring faecal extraction systems will, in turn, promote the faecal extraction systems market’s development.

What key areas define the segmentation of the global faecal extraction systems market?

The faecal extraction systems market covered in this report is segmented –

1) By Assay: Calprotectin, Albumin, Hemoglobin, Bile Acids

2) By Analysis Test: Microscopic, Chemical, Immunological, Microbiological

3) By Indication: Parasitic Infection, Viral Infection, Bacterial Indication, Poor Nutrient Absorption

4) By End-Use: Diagnostic Centers, Hospitals And Clinics, Ambulatory Clinics, Research Centers

Subsegments:

1) By Calprotectin: Quantitative Calprotectin Assays, Qualitative Calprotectin Assays

2) By Albumin: Fecal Albumin Assays, Albumin-To-Creatinine Ratio Assays

3) By Hemoglobin: Fecal Occult Blood Tests (FOBT), Immunochemical Fecal Hemoglobin Tests

4) By Bile Acids: Fecal Bile Acid Assays, Bile Acid Malabsorption Tests

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Who are the dominant players expanding their reach in the faecal extraction systems market?

Major companies operating in the faecal extraction systems market are Alpha Laboratories Ltd., Arbor Assays, bioMérieux SA, Buhlmann Laboratories AG, Calpro AS, DRG Instruments GmbH, Promega Corporation, Werfen SA, Mobidiag Oy, Biohit Healthcare Ltd., Meridian Bioscience Inc., Quidel Corporation, DiaSorin SpA, Sekisui Diagnostics LLC, Hologic Inc., Abbott Laboratories, Roche Diagnostics Corporation, Siemens Healthineers, Beckman Coulter Inc., Cepheid Inc., Danaher Corporation, F. Hoffmann-La Roche Ltd, Luminex Corporation, QIAGEN NV, Quest Diagnostics Incorporated, Randox Laboratories Ltd., Thermo Fisher Scientific Inc., Trinity Biotech plc

How are evolving market trends shaping faecal extraction systems Strategies?

Major corporations in the faecal extraction system market are focusing on the advancement of innovative products like fecal DNA tests to widen their customer base and boost their sales and revenue. Fecal DNA tests involve non-invasive diagnostic techniques that examine DNA obtained from an individual’s stool sample. As an example, BGI Genomics, a biotech firm based in China, in collaboration with Zentya, a notable genetic screening provider from Slovakia, unveiled COLOTECT 1.0 in March 2023. COLOTECT 1.0, one of the first fecal DNA tests for colorectal cancer in Slovakia, is recognized for its non-invasive feature and the capacity to identify colorectal cancer and precancerous lesions. The test uses multiplex methylation-specific PCR technology for the detection of aberrant colorectal cancer DNA-methylation markers in fecal samples.

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Which regions are emerging as leaders in the faecal extraction systems market?

North America was the largest region in the faecal extraction systems market in 2024. The regions covered in the faecal extraction systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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