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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.
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
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 |
Request For a Free Consultation @ https://www.grandviewresearch.com/request-free-consultation/6674/rfc
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)
Helicobacter Pylori Diagnostics Technology Outlook (Revenue, USD Million, 2018 - 2030)
Helicobacter Pylori Diagnostics End-user Outlook (Revenue, USD Million, 2018 - 2030)
Helicobacter Pylori Diagnostics Regional Outlook (Revenue, USD Million, 2018 - 2030)
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