According to the report, “Helicobacter Pylori Diagnostics Market Size, Share & Trends Analysis Report By Technology (Immunoassays, POC, Molecular Diagnostics), By End User, By Region, And Segment Forecasts, 2019 – 2026”, increasing demand for personalized antibiotic therapy and improved cost-effectiveness of diagnosis of helicobacter pylori infection are some of the factors driving the growth.
Helicobacter pylori infections are particularly prevalent in developing nations. Some of the key factors including the lack of proper water supply, poor sanitation, dense population, and poor personal hygiene can be attributed to the spread of these infections. Rising awareness regarding H. pylori infections in the cohort is one of the factors propelling growth of the Helicobacter pylori diagnostics market.
Easy accessibility and affordability of antibiotics along with short treatment duration will further boost the adoption antibiotics as well as the demand for pre and post monitoring tests. Furthermore, rising incidence of H. pylori infections, need for early detection of symptoms, and technological advancements in the diagnostic techniques are some of the factors driving the market growth.
Further key findings from the report suggest:
• Immunoassays technology held the largest market share in 2018 and is expected to witness the fastest CAGR over the forecast period
• Among end user, hospital segment held the largest market share in 2018, while the diagnostics laboratories segment is expected to demonstrate the fastest CAGR from 2019 to 2026
• Asia Pacific is projected to exhibit the fastest growth during the forecast period, attributed to increasing prevalence of infectious diseases, rising per capita healthcare expenditure, and improving healthcare infrastructure
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Helicobacter Pylori Market Segmentation
Grand View Research has segmented the global Helicobacter pylori diagnostics market on the basis of technology, end user, and region:
Helicobacter Pylori Diagnostics Technology Outlook (Revenue, USD Million, 2015 – 2026)
• Molecular Diagnostics
Helicobacter Pylori Diagnostics End User Outlook (Revenue, USD Million, 2015 – 2026)
• Diagnostics Laboratories
LPG Tanker Regional Outlook (Revenue, USD Million, 2016 – 2027)
• North America
• The U.S.
• The U.K.
• Asia Pacific
• South Korea
• Latin America
• Middle East & Africa
• Saudi Arabia
• South Africa
List of Key Players of Helicobacter Pylori Market
• Thermo Fisher Scientific
• Meridian Bioscience
• Bio-Rad Laboratories
• F. Hoffman – La Roche
• Alpha Laboratories
• Certest Biotec
• Epitope Diagnostics
• Quest Diagnostics
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