Albany - NY, Aug. 21, 2015 (GLOBE NEWSWIRE) -- According to a new research study published by Transparency Market Research, titled "Enteric Disease Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global enteric disease testing market, which was valued at US$3.1 billion in 2012 is expected to be worth US$3.6 billion in 2019, growing at a CAGR of 2.4% during the forecast period from 2013 to 2019.
Enteric diseases are the most common causes of mortality and morbidity worldwide. High incidence of infectious enteric diseases is noted especially in developing countries owing to poor drainage and sanitation systems and lack of awareness about hygiene in these overpopulated countries. The report analyzes the global enteric disease testing market for 12 major types, which includes amebiasis, campylobacteriosis, cryptosporidiosis, giardiasis, salmonellosis, and clostridium difficile mediated infection. People generally tend to overlook the mild symptoms exhibited by these diseases, which if not treated on time may lead to severe complications, possibly resulting in death. Therefore, early diagnosis of the disease is of utmost importance to have a speedy recovery. The most common symptoms exhibited by the disease include stomach pain, high fever, diarrhea, nausea, weight loss, vomiting, and anorexia.
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The report studies and analyzes the global enteric disease testing market, focusing on the wide range of traditional as well as modern diagnostic kits used for diagnosing the diseases. It conducts an in-depth research on the facts instrumental in spearheading the paradigm shift from culture tests that relied on fecal samples to rapid tests such as EIA (enzyme immunoassaya) and PCR (polymerase chain reaction). This change in conventions of disease testing can be attributed to the advent of newer medical testing methods that offer a range of advantages over their precursors. For instance, both PCR and EIA tests offer enhanced specificity and accuracy, and provide quick results as compared to culture testing.
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The report highlights that under the influence of growing awareness and increasing demand for point of care testing, the global enteric disease testing market will grow at a CAGR of 2.4% from 2013 to 2019. In order to provide clarity in research observation, the report has segmented the global market for enteric disease testing into the bacterial enteric disease testing market and the viral enteric disease market on the basis of types of disease. Geographically, the market has been segmented into North America, Asia Pacific, Europe, Africa, Latin America, and Rest of the World (RoW).
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According to the report, rising incidence of enteric diseases in developing countries in Asia Pacific and Africa is one of the major factors driving the demand for quick tests in the global market. Continuously improving healthcare infrastructure, government initiatives adopted to promote health and wellness, and rising number of healthcare facilities in these regions have bolstered growth of the global enteric disease testing market.
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In order to study the market dynamics, the report has profiled the major players in the market such as Biomerica, DiaSorin, Alere, Trinity Biotech, Meridian Bioscience, Bio-Rad, Cepheid, Becton Dickinson, and bioMerieux.
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Enteric Disease Testing Market, by types of diseases
Bacterial Enteric Disease Testing Market
- C.difficile Infection
- E.coli Infection
- H.pylori Infection
Viral Enteric Disease Testing Market
- Rotavirus Infection
- Norovirus Infection
Parasitic Enteric Disease Testing Market
Enteric Disease Testing Market, by Geography
- North America
- Latin America
- Rest of the World (RoW)
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Source:Transparency Market Research