Global Fecal Occult Testing Market to grow at a CAGR of 4.82% during the period 2016-2020.

Description

About Fecal Occult Testing

Fecal occult testing is simple and non-invasive in nature, thereby increasing its preference among many physicians. The results of few of the fecal occult tests can be obtained rapidly through point-of-care (POC) test kits such as Alere's Clearview iFOB, and Beckman Coulter's Hemoccult II SENSA. For instance, the Clearview iFOB test is based on human hemoglobin and gastrointestinal bleeding, and can provide results in five minutes. Beckman Coulter's Hemoccult II SENSA slides allow people to collect fecal samples at home settings and send them to hospitals, laboratories, and diagnostic centers.

Technavios analysts forecast the Global Fecal Occult Testing Market to grow at a CAGR of 4.82% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global fecal occult testing market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of fecal occult testing products used to perform colorectal cancer screening.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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Technavio's report, Global Fecal Occult Testing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Beckman Coulter

Eiken Chemical

Epigenomics

Quidel

Other prominent vendors

Abbott Laboratories

AccuBioTech

Applied Proteomics

ASAN PHARM.

Assure Tech.

BIOHIT Healthcare

EDP Biotech

FUJIREBIO

GeneNews

NanoRepro

Nantong Egens Biotechnology

Orion Diagnostica

Polymedco

Quest Diagnostics

Randox

VolitionRx

Market driver

Government initiatives and pilot programs worldwide

For a full, detailed list, view our report

Market challenge

High cost of FITs and limited reimbursement

For a full, detailed list, view our report

Market trend

Direct-to-consumer laboratory testing

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?