Enteric Disease Testing Market Progressing Positive Cagr of 2.4% Between 2013 and 2019 with Exact Information, Says Tmr

The competitive landscape of the global enteric diseases testing market is highly fragmented with a typical Pareto distribution, reports Transparency Market Research (TMR) in a new study. The market is characterized by a large number of local players with only a few multinational companies. Some of the key players in the global enteric diseases testing market are Alere, Cepheid, Biomerica, DiaSorin, and Meridian Bioscience.

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Rising Incidence of Deaths Due to Late Diagnosis to Increase Demand for Enteric Disease Testing

The rising number of deaths due to undiagnosed and late diagnosed diseases is proving to be a public healthcare burden for many countries. The problem calls for early detection using enzyme immunoassay (EIA) and PCR-based tests and dipstick-based tests. Thus, the growing demand for rapid diagnostic tests is driving the growth of the global enteric disease testing market.

“The economic conditions, inadequate laboratory settings, and lack of awareness make for a large pool of patients in developing countries with no access to basic diagnostic facilities,” says a TMR analyst. The untapped market in developing countries provides enormous growth opportunities to the global enteric diseases testing market. Another factor boosting the growth of the global enteric diseases testing market is the rising application of molecular diagnostics due to its accurate and specific diagnosis.

Lack of Awareness to Keep Enteric Diseases Testing Away from Rapid Growth

The prevalence of enteric diseases is high in developing regions such as Africa, Asia Pacific, and Latin America. The low literacy levels in these regions is likely to deter the uptake of enteric disease testing. The lack of awareness about enteric diseases is anticipated to be a significant restraint in developing regions. However, the continuously improving...