Helicobacter Pylori Diagnostics Market To Reach $757.84 Million By 2030

 

The global Helicobacter Pylori Diagnostics Market size is anticipated to reach USD 757.84 million by 2030, according to a new report by Grand View Research. It is expected to expand at a CAGR of 4.5% over the forecast period. Increasing demand for personalized antibiotic therapy coupled with improved cost-effectiveness Helicobacter pylori (H. pylori) infection diagnosis is projected to drive the growth.

Easy accessibility and affordability of antibiotics along with short treatment durations will boost the adoption of antibiotics as well as the demand for pre and post monitoring tests. Furthermore, factors such as rising incidence of H. pylori infections, need for early diagnosis, and rapid technological advancements in diagnostic techniques will propel the market growth. However, rising pressure of maintaining economic pricing due to the extremely competitive environment may hinder the growth of the Helicobacter pylori diagnostics market.

H. pylori is an aerobic gram-negative bacteria generally found in the stomach. Although advantageous for balancing the stomach ecology, it can cause infection to the inner stomach lining. The bacteria can act as one of the causative agents for stomach cancer, duodenal ulcers, gastritis and gastric ulcers, and infection to the small intestine, among other conditions. This has led to an increase in the demand for Helicobacter pylori diagnostics that enable early detection of H. pylori infection. Patients are subject to an antibiotic therapy for 10 to 14 days, in case of positive diagnosis of ulcers caused by this bacteria. Treatment for H. pylori could include a combination of antibiotics such as metronidazole, amoxicillin, clarithromycin, tetracycline, or with a proton pump inhibitor, ranitidine bismuth citrate, and bismuth subsalicylate.

The immunoassay technology segment held the largest market share in 2018 and is expected to register the fastest CAGR over the forecast period. In terms of end user, the hospital segment held the largest market share in 2018, while diagnostic laboratories is anticipated to expand at the fastest CAGR in the forthcoming years. In terms of region, North America led the global market for Helicobacter pylori diagnostics. Asia Pacific, on the other hand, is expected to witness the fastest CAGR from 2019 to 2026.

Related Press Release@ Helicobacter Pylori Diagnostics Market Report

Helicobacter Pylori Diagnostics Market Report Highlights

• Immunoassays technology held the largest market share in 2022 and is expected to witness the fastest CAGR over the forecast period
• Among end user, hospital segment held the largest market share in 2022, while the diagnostics laboratories segment is expected to demonstrate the fastest CAGR from 2023 to 2030
• Latin America is anticipated to grow at the fastest CAGR of 6.4% in the forecast period owing to the rising importance to the healthcare sector, increasing infectious diseases prevalence, and awareness.
• Key players operating in the Helicobacter pylori diagnostics market include Thermo Fisher Scientific, Biohit, Meridian Bioscience, Bio-Rad Laboratories, F. Hoffmann-La Roche, Alpha Laboratories, Quest Diagnostics, Coris BioConcept, Certest Biotec, and Epitope Diagnostics

Helicobacter Pylori Diagnostics Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 555.95 million
Revenue forecast in 2030	USD 757.84 million
Growth rate	CAGR of 4.5% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030

 

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Helicobacter Pylori Diagnostics Market Segmentation

Grand View Research has segmented the global helicobacter pylori diagnostics market on the basis of technology, end user, and region:

Helicobacter Pylori Diagnostics Type Outlook (Revenue, USD Million, 2018 - 2030)

• Instruments
• Reagents
• Services

Helicobacter Pylori Diagnostics Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Immunoassays
• POC
• Molecular Diagnostics

Helicobacter Pylori Diagnostics End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Diagnostics Laboratories
• Clinics

Helicobacter Pylori Diagnostics Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Sweden
• Norway
• Denmark
• Asia Pacific
• Japan
• China
• India
• Australia
• Thailand
• South Korea
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• Saudi Arabia
• South Africa
• UAE
• Kuwait

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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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