Title: In-Vitro Colorectal Cancer Screening Tests Market share to reach $900mn by 2023
1In-Vitro Colorectal Cancer Screening Tests Market
to grow at over 5 CAGR from 2016 to 2023 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from In-vitro Colorectal Cancer
Screening Tests Market
- Global Market Insights, Inc., says In-vitro
colorectal cancer screening tests industry size
is estimated to hit USD 903 million by 2023. - Technological developments in healthcare to
acquire accurate results in early diagnosis will
propel in-vitro colorectal cancer screening tests
market size over the coming years. - Furthermore, government legislations mandating
cancer diagnosis and screening are expected to
boost the market trends. For instance, EU
collaborated with IARC (International Agency for
Research on Cancer) to produce the first edition
of quality assurance guidelines for colorectal
cancer diagnosis and screening to improve the
quality of cancer diagnosis. - Taking into consideration the tests trends,
in-vitro colorectal cancer screening tests market
is segmented into biomarker tests, fecal occult
blood tests, and colorectal cancer(CRC) DNA
screening tests. - Colorectal cancer (CRC) DNA screening tests
market size is expected to grow at a rate of 10
over the period of 2016-2023, owing to high level
of test accuracy and sensitivity.
3Continued...
- Considering the regional outlook, North America
in-vitro colorectal cancer screening tests
market, which dominated the regional landscape in
2015, is projected to witness a considerable
growth over the coming years, driven by rise in
healthcare spending, enhanced healthcare
amenities, high level of patient awareness, and
introduction of supportive government
legislations related to screening tests. U.S. is
expected to be a key regional revenue pocket. - Moreover, recommendation of introducing effective
screening tests in healthcare sector by EU along
with favorable changes in existing tests will
drive Europe in-vitro colorectal cancer screening
tests industry revenue over the coming years. - Rising elderly population base and inactive
lifestyles are estimated to push Asia Pacific
in-vitro colorectal cancer screening tests
industry growth over the coming six years. Japan,
South Korea, China, and Malaysia are expected to
be the major regional revenue contributors. - Key industry participants include Eiken Chemical
Company Limited, Abbott Molecular, CompanionDx
Reference Lab LLC, Alere Incorporation, Sysmex
Corporation, Quest Diagnostics, Beckman Coulter,
Merck Millipore Corporation, and Epigenomics AG.
4Germany In-Vitro Colorectal Cancer Screening
Tests Market Size, By Type, 2012-2023 (USD
Million)
5Table of Content
Chapter 1. Methodology 1.1. Methodology
1.1.1. Initial
data exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Market definition 1.1.5.
Market definition and forecast parameters
1.2. Data sources 1.2.1.
Secondary 1.2.2. Primary Chapter 2.
Executive Summary 2.1. In-Vitro colorectal
cancer screening tests industry 3600 synopsis,
2013 - 2024 2.1.1. Business trends 2.1.2.
Test type trends 2.1.3. Regional trends
6Table of Content
Chapter 3. In-Vitro Colorectal Cancer Screening
Tests Industry Insights 3.1. Industry
segmentation 3.2. Industry landscape, 2013
2024 3.3. Industry impact forces 3.3.1.
Growth drivers 3.3.1.1. Improvements in
colorectal cancer screening through non-invasive
methods 3.3.1.2. Advancements in the field of
diagnosis precision 3.3.1.3. Rising
prevalence of colorectal cancer 3.3.1.4.
Cost-efficient and high-speed DNA
sequencing 3.3.2. Industry pitfalls
challenges 3.3.2.1. Lack of uniform cancer
screening guidelines in Asia Pacific 3.3.2.2.
Inadequate reimbursement coverage 3.3.2.3.
Shortage of trained staff in developing regions
7Table of Content
3.4. Regulatory landscape 3.4.1.
U.S 3.4.2. Europe 3.4.3. China 3.5.
Technology landscape 3.6. Growth potential
analysis 3.6.1. By test type 3.7. Porters
analysis 3.8. Competitive landscape 3.8.1.
Strategy dashboard 3.9. PESTEL analysis
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