The global in-vitro colorectal cancer screening tests market size was valued at USD 920.4 million in 2023, driven by the rising prevalence of colorectal cancer across the globe. The market is expected to grow at a CAGR of 5.53% during the forecast period of 2024-2032, likely to attain a value of USD 1492.8 million by 2032.
This product will be delivered within 5-7 business days.
Global In Vitro Colorectal Cancer Screening Tests Market Analysis
From 2017 to 2022, the market experienced considerable growth, fueled by rising global awareness of the importance of early colorectal cancer detection and the effectiveness of screening in reducing mortality. The adoption of various in vitro diagnostic tests, such as fecal occult blood tests (FOBT), fecal immunochemical tests (FIT), and DNA-based tests, increased significantly during this timeframe. This growth trajectory was supported by government initiatives aimed at implementing widespread screening programs. Despite this positive trend, the market faced challenges, including the high costs associated with the latest diagnostic tests and a lack of healthcare infrastructure in several regions, which limited access to screening services.Global In Vitro Colorectal Cancer Screening Tests Market Trends
The market for in vitro colorectal cancer (CRC) screening tests has undergone significant transformations from 2017 to 2032, driven by advancements in diagnostic technologies, increasing awareness about colorectal cancer prevention, and changes in screening guidelines. These factors have collectively influenced the development, demand, and deployment of in vitro CRC screening tests worldwide. Below are the key trends observed in this market over the specified period.- Technological Advancements in Screening Tests
- Shift Towards Non-invasive Screening Options
- Increasing Awareness and Screening Guidelines
- Growth in Molecular Diagnostics and Personalized Medicine
- Expansion in Emerging Markets
- Regulatory and Reimbursement Landscape
- Increased Focus on Integrated Screening Programs
Global In Vitro Colorectal Cancer Screening Tests Market Segmentation
Market Breakup by Test Type
- Fecal Occult Blood Test (FOBT)
- Guaiac FOBT
- Immuno-FOBT (FIT)
- Stool DNA Test (sDNA)
- Colonoscopy
- Flexible Sigmoidoscopy
- CT Colonography (Virtual Colonoscopy)
- Biomarker Tests
- CEA Tests
- Other Blood-Based Tests
Market Breakup by Technology
- Tumor Biomarker-Based Tests
- Guaiac-Based Tests
- Immuno-FOBT (FIT)
- DNA-Based Tests
- Colonoscopy Technology
- Other Emerging Technologies
Market Breakup by Collection Method
- Guaiac Sampling
- Immuno-FOBT Sampling
- Stool DNA Sampling
- Blood Sampling (for Biomarker Tests)
- Others
Market Breakup by End User
- Hospitals
- Diagnostic Laboratories
- Ambulatory Surgical Centers
- Research Institutes
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global In Vitro Colorectal Cancer Screening Tests Market: Competitive Landscape
The in vitro colorectal cancer screening tests market is highly competitive and fragmented, with the presence of several global and regional players. The key players are engaged in product development, innovation, mergers and acquisitions, and expansion strategies to gain a larger share of the market. Some of the prominent players operating in this market are Abbott Laboratories, F. Hoffmann-La Roche Ltd., Siemens Healthineers AG, Beckman Coulter, Inc. (a Danaher Company), Biohit Oyj, Epigenomics AG, Exact Sciences Corporation, Hemosure, Inc., Randox Laboratories Ltd., QIAGEN N.V., Eiken Chemical Co., Ltd., Novigenix SA, Sysmex Corporation, Immundiagnostik AG, and Epi proColon (Epigenomics AG). These companies offer a variety of products, such as fecal immunochemical tests, fecal occult blood tests, stool DNA tests, and blood-based tests, for the detection and diagnosis of colorectal cancer.Key Questions Answered in This Report
- How has the in vitro colorectal cancer screening tests market performed so far, and how will it perform in the coming years?
- What are the major drivers and opportunities in the in vitro colorectal cancer screening tests market?
- What is the impact of each driver, restraint, and opportunity in the market?
- What are the key regional markets for in vitro colorectal cancer screening tests?
- What is the impact of rising awareness of colorectal cancers on market expansion?
- What are the most dominant markets?
- What is the breakup of the market based on the test type?
- Which invasive technology provides a better visual analysis of such cancers to remove polyps?
- What is the breakup of the market based on the collection method?
- How is the market organized in terms of competition?
- Which companies are leading the in vitro colorectal cancer screening tests market?
Key Benefits for Stakeholders
- The industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the in vitro colorectal cancer screening tests market from 2017-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global in vitro colorectal cancer screening tests market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the in vitro colorectal cancer screening tests industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.
This product will be delivered within 5-7 business days.
Table of Contents
1 Preface
3 Global In-Vitro Colorectal Cancer Screening Tests Market Overview
4 Global In-Vitro Colorectal Cancer Screening Tests Market Landscape*
5 Global In-Vitro Colorectal Cancer Screening Tests Market Dynamics
6 Global In-Vitro Colorectal Cancer Screening Tests Market Segmentation (2017-2032)
7 North America In-Vitro Colorectal Cancer Screening Tests Market (2017-2032)
8 Europe In-Vitro Colorectal Cancer Screening Tests Market (2017-2032)
9 Asia Pacific In-Vitro Colorectal Cancer Screening Tests Market (2017-2032)
10 Latin America In-Vitro Colorectal Cancer Screening Tests Market (2017-2032)
11 Middle East and Africa In-Vitro Colorectal Cancer Screening Tests Market (2017-2032)
12 Regulatory Framework
13 Patent Analysis
14 Grants Analysis
15 Funding and Investment Analysis
16 Partnership and Collaborations Analysis
17 Supplier Landscape
18 Global In-Vitro Colorectal Cancer Screening Tests Market - Distribution Model (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
21 Payment Methods (Additional Insight)
Companies Mentioned
- Abbott Laboratories
- F. Hoffmann-La Roche Ltd.
- Siemens Healthineers AG
- Beckman Coulter Inc. (a Danaher Company)
- Biohit Oyj
- Epigenomics AG
- Exact Sciences Corporation
- Hemosure Inc.
- Randox Laboratories Ltd.
- QIAGEN N.V.
- Eiken Chemical Co. Ltd.
- Novigenix SA
- Sysmex Corporation
- Immundiagnostik AG
- Epi proColon (Epigenomics AG)
Methodology
LOADING...