Published on June 13, 2016
1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com In-vitro Colorectal Cancer Screening Tests Market 2016 – 2023
2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com In-Vitro Colorectal Cancer Screening Tests Market size was USD 599.8 million in 2015, with growth forecast at 5.3% CAGR from 2016 to 2023. Growing incidences of colon and rectal cancer and the introduction of novel cancer screening tests using genetic testing will continue to be a critical driving factor for the global in-vitro colorectal cancer screening tests market over the forecast timeline. Colorectal cancer is the third most commonly diagnosed cancer, and the number of deaths due to colorectal cancer has been on rise over the past few years. According to estimates by, the American Cancer Society and GLOBOCAN, colorectal cancer has remained the second or third most common cause for cancer related deaths worldwide. This has led to a growing concern among the people and government. https://www.gminsights.com/industry-analysis/in-vitro-colorectal-cancer-screening- tests-market Global Market Scenario of In-vitro Colorectal Cancer Screening Tests
3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Growing concern regarding the early diagnosis of colorectal cancer has led to government initiatives aimed at keeping colorectal cancer under check. The American and European agencies have issued guidelines for the regular screening of colorectal screening and risk levels of diagnosis of colorectal cancer. Such CRC screening initiatives undertaken by the governments has led to implementation of mass CRC screening programs, leading to increase in demand for these tests. The need for minimally invasive and high accuracy cancer screening tests has led to increasing investments for research and development of genetic screening tests for colorectal cancer. Genetic cancer screening tests make use of DNA testing and biomarker analysis to estimate the presence or risk levels of colorectal cancer offering high accuracy. https://www.gminsights.com/industry-analysis/in-vitro-colorectal-cancer-screening- tests-market Continue.....
4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. In-vitro colorectal cancer screening tests market size, by test type, 2012 - 2023 (USD Million) https://www.gminsights.com/industry-analysis/in-vitro-colorectal-cancer-screening-tests- market
5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis Fecal occult blood tests dominated the in-vitro colorectal cancer screening tests market size by revenue, at more than USD 230 million in 2015. Growing incidence of colorectal cancer leading to high usage rate, and ease of use for screening large group of population has been instrumental in strengthening the demand for fecal occult blood tests. Regional Analysis North America remains the largest regional industry, owing to significant revenue outlay in the U.S., with target revenue of more than USD 400 million by 2023. Europe shows high colorectal cancer prevalence. The European Commission has launched a three year Joint Action on cancer control in 2014, to give continuity to the efforts to improve cancer control by raising quality standards of screening tests, funded from 2nd EU Health Programme. Europe in-vitro colorectal cancer screening tests market share is projected to reach USD 300.6 million by 2023. Competitive Market Share Global in-vitro colorectal cancer screening tests market share is highly competitive and marked by frequent mergers and acquisitions, strategic alliances, collaborations to widen product portfolio. Some of the dominant players include Abbott Molecular, Alere, Beckman Coulter, Eiken Chemical, and Siemens Healthcare. 360° Analysis
6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On In-Vitro Colorectal Cancer Screening Tests Market @ https://www.gminsights.com/industry-analysis/in-vitro- colorectal-cancer-screening-tests-market Download Latest Report PDF @ https://www.gminsights.com/request-sample/detail/451
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