(PharmaNewsWire.Com, January 04, 2017 ) Enteric Disease 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 Enteric Disease Testing globally.
The Enteric Disease 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 Enteric Disease Testing Market:
Alere bioMérieux Cepheid DiaSorin
Other Prominent Vendors of Enteric Disease Testing Market Are:
BD Biomerica Coris BioConcept Meridian Bioscience Mobidiag Quidel Quest Diagnostics
Development of novel NAAT for enteric disease testing is an important trend that will lead to the growth of this market. Currently, PCR represents the gold standard for nucleic acid-based diagnostics. However, the need for variations in temperature increases power consumption and costs for laboratories. Currently, life sciences companies and academics have developed an isothermal amplification-based diagnostic method to circumvent the need for thermocyclers. Isothermal-based methods incorporate all the temperature-dependent steps of PCR by incorporating enzymes. For example, HDA, an isothermal technique of nucleic acid amplification utilizes helicase for complementing the denaturation step at a high temperature, and the entire amplification is completed under isothermal conditions in the range of 140°F-149°F. The method has been used for rapid diagnostics of the E. coli pathogen. This method reduces the cost of instrumentation due to the usage of helicase to separate DNA, which eliminates the need for a thermocycler.
According to the Enteric Disease Testing Market report, high incidence of enteric diseases is one of the key drivers to augment the growth prospects for this market. Enteric diseases are the most common cause of mortality worldwide, after cardiovascular and respiratory diseases. There has been a rise in the incidence of enteric diseases globally over the past decade. For example, each year two billion cases of diarrhea are reported worldwide, and 760,000 children aged five of below succumb to the disease in Sub-Saharan Africa region. The high incidence of enteric diseases increases the demand for screening and testing of infected victims. This, in turn, drives the adoption of diagnostic tests, thereby contributing to market growth.
Report also presents Geographical Segmentation analysis of Enteric Disease Testing Market of Americas, APAC, EMEA region.
Further, the Enteric Disease Testing Market report states that stringent regulatory environment are hampering the growth of the market. The regulatory requirements for in vitro diagnostic (IVD) devices worldwide are specific and call for the provision of in-depth technical information, as most of them are classified as class III medical devices. The waiting period for regulatory approvals in the US is long, which can add to developmental expenses and delay return on investment for companies that are involved in the development of the test. In Europe, the 98/79/EC of October 27 Directive is enforced on all in vitro medical diagnostic devices. Canada issues a license to medical products based on the risk category it falls under. This license is issued by the Health Canada authorities and the time taken to issue this license depends on the category of the product. These licenses are subject to annual renewal. Multinational players have to comply with various stringent regulatory conditions of each country in which they operate, which affects their turnaround time, capital expenditure, and profitability.
Key questions answered in Enteric Disease Testing market report:
What will the Enteric Disease Testing market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving Enteric Disease Testing market? What are the challenges to Enteric Disease Testing market growth? Who are the key vendors in Enteric Disease 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?
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