Global Helicobacter pylori H. pylori Diagnostics Market by Technology(Immuno diagnostic, Molecular diagnostic), End use(Hospital, Clinics), Diagnostic Tests(Blood test, stool test), - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024-2032

Industry : Healthcare | Pages : 157 Pages | Upcoming : Jun 2024

         
     

The market size of Helicobacter pylori (H. pylori) diagnostics was valued at USD 554.46 million in 2021. It is expected to increase from USD 587.68 million in 2022 to USD 953.25 million by 2030, with a compound annual growth rate (CAGR) of 6.01% during the forecast period of 2023-2030.

The popularity of H. pylori diagnostics is growing due to its benefits in improving diagnosis, enabling effective treatment, and reducing healthcare costs.

Detecting H. pylori infections early through diagnostic tests plays a crucial role in preventing disease progression and reducing complications. These tests accurately identify the presence of the bacteria in a patient's stomach or intestines, allowing healthcare providers to initiate appropriate treatment promptly. Early treatment leads to better patient outcomes by reducing symptoms and promoting faster healing of ulcers. Additionally, early detection can prevent the development of severe complications, such as stomach cancer. The H. pylori diagnostic market provides various non-invasive tests, including blood tests, breath tests, and stool antigen tests, which are comfortable for patients and easily accessible. Moreover, these tests are cost-effective, making them available to a larger population.

The H. pylori market offers a wide range of treatment options, including antibiotics and acid-reducing medications, which are highly effective in addressing infections caused by the Helicobacter pylori bacterium. Treating H. pylori infections provides several benefits, such as symptom relief, prevention of complications like ulcers and stomach cancer, and overall health improvement. Effective treatment helps prevent the development of peptic ulcers, a common complication associated with this bacterium. Peptic ulcers can cause abdominal pain, bloating, nausea, vomiting, and in severe cases, bleeding and perforation of the stomach lining. By treating H. pylori infections, patients can reduce the risk of these complications and enhance their overall quality of life.

The US Helicobacter pylori H. pylori Diagnostics Market is projected to maintain a sustainable CAGR for the next forecast year.

The Global Helicobacter pylori H. pylori Diagnostics Market is segmented based on diagnostic tests, technology, end-users, biomarkers, and regions. In terms of end use, the market is segmented into hospitals, clinics, research institutes, and others. Diagnostic tests include blood tests, stool tests, breath tests, endoscopy, and others. The technology segment comprises immuno diagnostics, molecular diagnostics, histology, and others. Geographically, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Helicobacter pylori H. pylori Diagnostics Market Analysis by End-User

The largest market share in the Helicobacter pylori (H. pylori) diagnostics market is held by the hospitals segment, driven by several factors. These include the easy identification of diseases, the presence of doctors, and the increasing prevalence of conditions such as gastric ulcers, gastritis, stomach cancer, duodenal ulcers, and small intestine infections.

During the forecast period, the diagnostic laboratories segment is expected to exhibit the highest compound annual growth rate (CAGR). This growth can be attributed to the growing awareness of infectious diseases and the availability of more specialized and efficient methods for detecting infections. In terms of revenue, the hospitals and diagnostic laboratories segments collectively accounted for over 80% of the market share during the projected period.

In terms of regional insights, North America dominates the Helicobacter pylori H. pylori diagnostics market, driven by factors such as high healthcare expenditure, favorable reimbursement policies, and a significant patient population. However, the Asia Pacific region is expected to emerge as the fastest-growing market in the near future. This growth can be attributed to factors such as the increasing prevalence of infections, expanding healthcare infrastructure, and rising demand for advanced treatments. The large population base in the Asia Pacific region also presents significant opportunities for market growth in the coming years.

The high prevalence of H. pylori infections globally is a major driver for the Helicobacter pylori H. pylori diagnostics market. With approximately half of the global population estimated to be infected with H. pylori, there is a growing demand for diagnostic tests and treatment options. Effective diagnosis and treatment of the infection are essential, leading to increased market growth.

However, limited access to healthcare resources and diagnostic tools in developing countries can hinder the growth of the H. pylori infection market. The diagnosis and treatment of H. pylori infection often require specialized equipment and medical expertise, which may not be readily available in certain regions. This limitation could impede the market's growth as patients may face challenges in accessing the necessary medical care.

Global Helicobacter Pylori H. Pylori Diagnostics Market Competitive Landscape

Competition in the market for Helicobacter pylori (H. pylori) products and services is intense, as it involves the development and distribution of diagnostic tests and treatments for this bacterial infection. Numerous key players are vying for dominance in the industry. One of the primary factors driving this competition is the increasing global prevalence of H. pylori infection. This has resulted in a significant surge in demand for accurate diagnostic tests and effective treatments to combat the infection. Consequently, companies are making substantial investments in research and development to create innovative solutions that can enhance patient outcomes and deliver more precise and efficient results.

Competitive pricing strategies and marketing campaigns also play a pivotal role in driving competition within the H. pylori market. Companies strive to offer competitive prices for their products, aiming to capture a larger market share and gain a competitive edge over their rivals. Furthermore, marketing campaigns are deployed to raise awareness about their products and services, attracting more customers and boosting sales.

Helicobacter pylori H. pylori Diagnostics Market Top Player’s Company Profiles

• Abbott Laboratories
• Allergan plc
• AstraZeneca plc
• Bayer AG
• Bio-Rad Laboratories, Inc.
• Danaher Corporation
• F. Hoffmann-La Roche AG
• GlaxoSmithKline plc
• Halyard Health, Inc.
• Hologic, Inc.
• Merck & Co., Inc.
• Mylan N.V.
• Pfizer, Inc.
• Quidel Corporation
• Sanofi S.A.
• Seegene Inc.
• Siemens Healthineers AG
• Thermo Fisher Scientific, Inc.
• Trinity Biotech plc
• ZEUS Scientific, Inc.
• Helicobacter pylori H. pylori Diagnostics Market

Helicobacter Pylori H. Pylori Diagnostics Market Segmentation

By End use

  • Hospital
  • Clinics
  • Research institutes
  • others

By Diagnostic Tests

  • Blood Test
  • Stool Test
  • Breath Test
  • Endoscopy
  • Others

By Technology

  • Immuno Diagnostic
  • Molecular Diagnostic
  • Histology
  • Others

Recent Developments
In March 2023, RedHill, a specialty biopharmaceutical company, made an announcement regarding the complete repayment of all its debt obligations. This includes the repayment of principal, interest, revenue interest, prepayment premiums, and exit fees. The Credit Agreement between RedHill's U.S. subsidiary, RedHill Biopharma Inc., and HCR has been fully settled.

Key market trends in the global Helicobacter pylori (H. pylori) diagnostics market indicate a growing demand for non-invasive diagnostic tests such as serology tests and urea breath tests. These tests are gaining popularity due to their minimal invasiveness and user-friendly nature. As a result, there is a significant increase in the overall demand for these non-invasive diagnostic tests.

 

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