The global peptic ulcer testing market is anticipated to grow at a significant CAGR of 5.9% during the forecast period. The growth of the market is backed by the increasing incidences of stomach cancer coupled with the changing lifestyle & food habits such as untimely meal patterns, excess consumption of fatty foods, chronic acidity, and food poisoning. As per the American Cancer Society, around 27,510 cases of stomach cancer are estimated to be diagnosed in the US in 2019. Such a scenario has raised the need for faster and more accurate diagnosis of peptic ulcer testing. The most commonly occurring stomach disease called a peptic ulcer is primarily caused by sores and lesions owing to the excess secretion of the hydrochloric acid and the pepsin enzyme from the histamine cells into the gastrointestinal tract.
Impact of COVID-19 Pandemic on Global Peptic Ulcer Testing Market
The COVID-19 pandemic has unleashed a series of unprecedented events affecting every industry. The Laboratory Tests market will be reset to a new normal which going forwards in a post-COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change, and continuously adapt to new and evolving market conditions.
Segmental Outlook
The global peptic ulcer testing market is segmented based on diagnostic tests and end-users. Based on a diagnostic test, the peptic ulcer testing market is segmented into endoscopy, upper gastrointestinal series, and laboratory tests. Based on end-users, the market has been segmented into hospitals, laboratories, and others.
Global Peptic Ulcer Testing Market Share by Diagnostic Tests, 2021 (%)
Laboratory Tests Segment is Expected to Hold a Prominent Share in the Global Peptic Ulcer Testing Market
Based on diagnostic tests, the market is segmented into endoscopy, upper gastrointestinal series, laboratory tests such as blood tests, Elisa tests, urea breath tests, stool tests, and other tests. The urea breath tests segment is anticipated to grow at a significant growth over the forecast period. The growth of this segment is attributed to the test’s accuracy and growing availability. This test is performed by using an isotope that is rarely available. Therefore, R&D is going on to make the isotope readily available in hospitals and laboratories.
Regional Outlooks
The global peptic ulcer testing market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America).
Global Peptic Ulcer Testing Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Cater Highest Growth Rate Global Peptic Ulcer Testing Market
Asia-Pacific is expected to witness the highest growth rate during the forecast period. In Asia-Pacific region, the incidence of peptic ulcer disease is quite high as most countries within this region are developing or under-developed and have relatively poor sanitation & hygienic condition which results in a rise to contracting H. pylori infections. As per WHO, peptic ulcer disease deaths reached 60,658 in India in 2019. The age-adjusted death rate due to peptic ulcer disease in India is 5.79 per 100,000 people who have ranked India 53 across the globe. Such a fact states the high incidence rate of peptic ulcer disease which has widened the scope for the growth of the peptic ulcer testing market in the Asia-Pacific.
Market Players Outlook
The major companies serving the global peptic ulcer testing market include Becton, Dickinson and Co., Quidel corp., Bio-Rad Laboratories, Beckman Coulter Inc., and Kibion AB, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2018, Biomerieux acquired Suzhou Hybiome Biomedical Engineering Co. Ltd. This acquisition was done to diversify the product portfolio of bioMerieux by including two automated, mid-throughput immunoassay systems (AE-180 and AE-240) for Hybiomein its product line.
The Report Covers
1.Report Summary
1.1.Research Methods and Tools
1.2.Market Breakdown
1.2.1.By Segments
1.2.2.By Region
2.Market Overview and Insights
2.1.Scope of the Report
2.2.Analyst Insight & Current Market Trends
2.2.1.Key Findings
2.2.2.Recommendations
2.2.3.Conclusion
3.Competitive Landscape
3.1.Key Company Analysis
3.1.1.Becton, Dickinson and Co.
3.1.1.1.Overview
3.1.1.2.Financial Analysis
3.1.1.3.SWOT Analysis
3.1.1.4.Recent Developments
3.1.2.Bio-Rad Laboratories, Inc.
3.1.2.1.Overview
3.1.2.2.Financial Analysis
3.1.2.3.SWOT Analysis
3.1.2.4.Recent Developments
3.1.3.Beckman Coulter, Inc.
3.1.3.1.Overview
3.1.3.2.Financial Analysis
3.1.3.3.SWOT Analysis
3.1.3.4.Recent Developments
3.1.4.Kibion AB
3.1.4.1.Overview
3.1.4.2.Financial Analysis
3.1.4.3.SWOT Analysis
3.1.4.4.Recent Developments
3.1.5.Quidel Corp.
3.1.5.1.Overview
3.1.5.2.Financial Analysis
3.1.5.3.SWOT Analysis
3.1.5.4.Recent Developments
3.2.Key Strategy Analysis
3.3.Impact of COVID-19 on Key Players
4.Market Segmentation
4.1.Global Peptic Ulcer Testing Market by Diagnostic Tests
4.1.1.Endoscopy
4.1.2.Upper Gastrointestinal Series
4.1.3.Laboratory Tests
4.2.Global Peptic Ulcer Testing Market by End-User
4.2.1.Hospitals
4.2.2.Laboratories
4.2.3.Others
5.Regional Analysis
5.1.North America
5.1.1.United States
5.1.2.Canada
5.2.Europe
5.2.1.UK
5.2.2.Germany
5.2.3.Italy
5.2.4.Spain
5.2.5.France
5.2.6.Rest of Europe
5.3.Asia-Pacific
5.3.1.China
5.3.2.India
5.3.3.Japan
5.3.4.South Korea
5.3.5.Rest of Asia-Pacific
5.4.Rest of the World
6.Company Profiles
6.1.Beckman Coulter, Inc. (A Danaher Corp. Company)
6.2.Becton, Dickinson, and Co.
6.3.BiohitOyj
6.4.bioMerieux S.A.
6.5.Bio-Rad Laboratories, Inc.
6.6.DiaSorin S.p.A.
6.7.EKF Diagnostics Holdings PLC
6.8.Exalenz Bioscience, Ltd.
6.9.Kibion AB (A Company of Mayoly Spindler Laboratories)
6.10.Meridian Bioscience, Inc.
6.11.Otsuka America Pharmaceutical, Inc.
6.12.Polymedco CDP, LLC
6.13.Quidel Corp.
6.14.Sekisui Diagnostics, LLC
6.15.Thermo Fisher Scientific, Inc.
1.GLOBAL PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TESTS, 2021-2028 ($ MILLION)
2.GLOBAL ENDOSCOPY FOR PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3.GLOBAL UPPER GASTROINTESTINAL SERIES FOR PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4.GLOBAL LABORATORY TESTS FOR PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5.GLOBAL PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
6.GLOBAL PEPTIC ULCER TESTING IN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7.GLOBAL PEPTIC ULCER TESTING IN LABORATORIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8.GLOBAL PEPTIC ULCER TESTING IN OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9.GLOBAL PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
10.NORTH AMERICA PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
11.NORTH AMERICAN PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TESTS, 2021-2028 ($ MILLION)
12.NORTH AMERICAN PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
13.EUROPE PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14.EUROPE PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TESTS, 2021-2028 ($ MILLION)
15.EUROPE PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
16.ASIA-PACIFIC PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17.ASIA-PACIFIC PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TESTS, 2021-2028 ($ MILLION)
18.ASIA-PACIFIC PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
19.REST OF THE WORLD PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TESTS, 2021-2028 ($ MILLION)
20.REST OF THE WORLD PEPTIC ULCER TESTING MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
1.IMPACT OF COVID-19 ON GLOBAL PEPTIC ULCER TESTING MARKET, 2021-2028 ($ MILLION)
2.IMPACT OF COVID-19 ON GLOBAL PEPTIC ULCER TESTING MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3.RECOVERY OF GLOBAL PEPTIC ULCER TESTING MARKET, 2022-2028 (%)
4.GLOBAL PEPTIC ULCER TESTING MARKET SHARE BY DIAGNOSTIC TESTS, 2021 VS 2028 (%)
5.GLOBAL ENDOSCOPY FOR PEPTIC ULCER TESTING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6.GLOBAL UPPER GASTROINTESTINAL SERIES FOR PEPTIC ULCER TESTING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7.GLOBAL LABORATORY PEPTIC ULCER TESTING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8.GLOBAL PEPTIC ULCER TESTING MARKET SHARE BY END-USERS, 2021 VS 2028 (%)
9.GLOBAL PEPTIC ULCER TESTING IN HOSPITALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10.GLOBAL PEPTIC ULCER TESTING IN LABORATORIES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11.GLOBAL PEPTIC ULCER TESTING IN OTHER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12.GLOBAL PEPTIC ULCER TESTING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13.US PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
14.CANADA PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
15.UK PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
16.FRANCE PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
17.GERMANY PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
18.ITALY PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
19.SPAIN PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
20.REST OF EUROPE PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
21.INDIA PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
22.CHINA PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
23.JAPAN PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
24.SOUTH KOREA PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
25.REST OF ASIA-PACIFIC PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)
26.REST OF THE WORLD PEPTIC ULCER TESTING MARKET SIZE, 2021-2028 ($ MILLION)