Faecal Extraction System Market Projected to Grow at a CAGR of ~4% during 2022 - 2031

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Research Nester published a report titled "Faecal Extraction System Market: Global Demand Analysis & Opportunity Outlook 2031" which delivers detailed overview of the global faecal extraction system market in terms of market segmentation by assay, application, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global faecal extraction system market is estimated to grow at a CAGR of ~4% over the forecast period, i.e., 2022 - 2031. The market is segmented on the basis of application into parasitic infection, viral infection, bacterial indication, poor nutrient absorption, and others, out of which, the bacterial indication segment is anticipated to hold a substantial share in the market over the forecast period owing to the high prevalence of bacteria-caused bowel infections, such as, typhoid and cholera.

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The global faecal extraction system market is anticipated to attain growth on the back of increasing prevalence of intestinal diseases and infections, such as, typhoid. According to the data by the World Health Organization (WHO), 11 to 20 million people suffer from typhoid every year. Moreover, the growing awareness amongst people about early diagnosis of diseases and increasing accessibility to advanced testing systems are anticipated to boost the market growth.

On the basis of geographical analysis, the global faecal extraction system market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period, on the back of the rising incidences of inflammatory bowel diseases, infections, typhoid, and other disorders. According to the data by the Center for Disease Control and Prevention (CDC), approximately 5,700 infections of salmonella typhi, typhoid causing bacteria, occur among people in the United States each year.

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The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Increasing Demand for Early Diagnosis to boost the Market Growth

Faecal extraction system is used to collect stool samples to diagnose severe bowel-related disorders, including viral, bacterial, and parasitic infections. The growing emphasis on quick and early diagnosis in the medical industry is further estimated to boost the market growth.

However, lack of researchers and scientist in pathology is expected to operate as key restraint to the growth of global faecal extraction system market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global faecal extraction system market which includes company profiling of Promega Corporation, Alpa Laboratories Limited, Arbor Assays Inc., ALPCO, Canvax Reagents S.L.U., DRG Instruments GMBH, Svar Life Science AB, Bioserv Diagnostics Gmbh, Epitope Diagnostics, Inc., and LifeSpan BioSciences, Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global faecal extraction system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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