Fecal Occult Testing Market Research Report covers the present scenario and the growth prospects of the Fecal Occult Testing Industry for 2016-2020. Fecal Occult Testing Market, 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 and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Fecal Occult Testing globally.
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The Fecal Occult Testing Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Fecal Occult Testing Market:
- Beckman Coulter
- Eiken Chemical
Other Prominent Vendors of Fecal Occult Testing Market Are:
- Abbott Laboratories
- Applied Proteomics
- ASAN PHARM.
- Assure Tech.
- BIOHIT Healthcare
“Direct-to-consumer laboratory testing is an important trend spurring this market’s growth prospects. Direct-to-consumer laboratory testing allows people to receive test kits and send samples to laboratories. Many people in the age group 60 years and above in developed countries such as Australia, the US, the UK, and Germany opt for direct-to-consumer genetic testing. These products can be selected online services and can be accessed from any geographical location. The cost of these products is less compared with traditional genetic testing kits. Direct-to-consumer genetic testing kits cost $100-$1,200. Companies or laboratories such as Color Genomics in the US and Mapmygenome in India offer direct-to-consumer genetic testing services that help identify or screen for colorectal cancer.”
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According to the Fecal Occult Testing Market report, shift toward patient-centered model (POC FITs) for home use is one of the ley drivers contributing to the growth of this market. Various government and non-government initiatives have helped increase awareness and research data about colorectal cancer. This presents significant opportunities for improving cancer management. Devices used for testing at or near the site of the patient are known as POC devices. These devices can be used at home settings; however, people need to consult their physicians for further disease diagnosis and treatment. These devices can also be used outside a laboratory and in hospitals and clinics.
Report also presents Geographical Segmentation analysis of Fecal Occult Testing Market of Americas, APAC, EMEA region.
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Further, the Fecal Occult Testing Market report states that limited awareness and reluctance of physicians to recommend fecal occult testing is a major challenge this market is facing. Awareness about colorectal cancer and associated screening methods among people is limited. Moreover, people who are aware of screening methods mostly opt for colonoscopy; a significant number of physicians worldwide are of the opinion that colonoscopy can help reduce the mortality rate associated with colorectal cancer. The lack of efficacy in test results of fecal occult testing similar to guaiac-based tests and FITs encourages physicians to recommend colonoscopy.
Key questions answered in Fecal Occult Testing market report:
- What will the Fecal Occult Testing market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Fecal Occult Testing market?
- What are the challenges to Fecal Occult Testing market growth?
- Who are the key vendors in Fecal Occult Testing market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 89
Price of Report: $ 2500 (Single User License)
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