Helicobacter pylori Rapid Test Kit Market

The Helicobacter pylori rapid test kit market was valued at USD510.2 Mn by 2019. As per the statistics presented by the Center for Disease Control and Prevention (CDC), the prevalence rate of H.pylori infection worldwide is approximately 50%. Additionally, the rampant industrialization in developing nations, a significant rise in food, and water contamination buttress the H.pylori rapid test kit market.

H.pylori is basically a gram-negative microaerophilic bacteria that infects the epithelial lining of the stomach. It is linked with the disease prognosis of gastritis, peptic ulcer, and some forms of stomach cancer. Effective early screening of H.pylori is beneficial in deciding a treatment regimen to mitigate the healthcare burden associate with the H.pylori infection.

The major segments related to the Helicobacter pylori rapid test kit market are: 

By Specimen (2017–2027; US$ Mn)

Serum & Whole Blood Specimen

Stool Specimen

Others

By End User (2017–2027; US$ Mn)

Hospitals & Clinics

Pathology Laboratories

Others

Geography Segment(2017–2027; US$ Mn)

North America

United States
Canada

Europe

United Kingdom
Germany
Rest of Europe

Asia Pacific

China
Japan
Rest of Asia Pacific

Latin America (LATAM)

Brazil
Mexico
Rest of Latin America

Middle East and Africa (MEA)

GCC
Rest of MEA 

Justification for study?

• The intention of the study is to give a comprehensive outlook of the global Helicobacter pylori rapid test kit market
• The overall segmentation of the helicobacter pylori rapid test kit market, by specimen, end-user, and geography is minutely studied. Serum & whole blood specimen and hospitals & clinics are dominating the specimen and end-user segments respectively
• Significant rise in the water and food contamination, poor civic amenities and rapid urbanization in developing countries primarily determines the H.pylori rapid test kit market
• Technology advancement in the ergonomic features of the rapid test kits consolidates the market growth

Report gist?

• The study of the global Helicobacter pylori rapid test kit market includes qualitative analysis of factors such as drivers, restraints, and opportunities
• The report covers qualitative and quantitative analysis of the overall market segmented on the basis of specimen and end-user and categorization of the same at geography level
• This research report presents the analysis of each segment from 2017 to 2027 in which 2019 is considered as the base year. Compounded annual growth rate is calculated for the respective segments from 2020 to 2027
• The study includes the profiles of major market players with a significant global and regional presence along with top company positioning 

Significant customers?

• This study is suitable for industry participants and stakeholders in the medical device manufacturers engaged in manufacturing and marketing of Helicobacter pylori rapid test kit which is gaining huge demand owing to a significant rise in the food and water contamination and rapid urbanization in developing countries worldwide
• The report will benefit pathologists engaged in testing H.pylori infection of susceptible patients
• Managers with financial institutions looking to publish recent and forecasted statistics pertaining to Helicobacter pylori rapid test kit market
• Financial institutions venture capitalist, analysts, investors, government organizations, policymakers, regulatory authorities, researchers, looking for insights into the market to determine future strategies

Segment Analysis

In the present scenario the serum and whole blood specimen is ruling the specimen segment for H.pylori rapid test kit market. The blood test is critical in deciphering the antibodies to H.pylori bacteria if they are present it gives confirmation of an existing or a previous undetected H.pylori infection. The stool specimen is going to gain huge prominence in the near future owing to the technological advancement in the rapid test kits which detects the presence of a substance present that stimulates the immune system to fight H.pylori antigens which are present in the stool, it is generally used for the confirmation that whether the treatment for H.pylori infection has been successful or not.

Hospitals & clinics are currently spearheading the end-user segment for H.pylori rapid test kit market. Significant rise in the number of patients suffering from gastroduodenal disorders and huge government funding for procuring rapid test kits for early screening of H.pylori infection together drive the market growth. Pathology laboratories are growing at a rapid pace in the developing regions owing to the increasing public health awareness resulting in early screening for H.pylori infection.

North America is reigning the geography segment for H.pylori rapid test kit market. The rising prevalence of gastroduodenal disorders developed as a consequence of H.pylori infection primarily determines the market growth. As per the latest research citings brought forward by the Center for Disease Control and Prevention (CDC), the prevalence rate of H.pylori infection in the United States is approximately 35-40 percent. Furthermore the existence of well-developed healthcare infrastructure and increasing public health awareness related to gastric disorders resulting in early screening for H.pylori infection further consolidates the market growth in the region. In Europe the market growth is primarily determined by the strategic partnership between the medical device companies and academic research institutes actively engaged in the technological advancement in developing the rapid test kit for the diagnosis of H.pylori from the stool specimen of the susceptible patient. European Commission report states that the recent influx of refugees from the Levant region will increase the disease burden associated with H.pylori infection thereby increasing the demand for the rapid test kits for effective screening. Asia Pacific is set to register appreciable market growth during the forecast period owing to the significant rise in air & water pollution, lack of civic amenities, and rapid industrialization in the Asia Pacific region.