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Spending on Non-invasive In-vitro Colorectal Cancer Screening Tests to show
Appreciable Rise Health Articles | October 3 ECCO
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Factors such as growing geriatric population, rising prevalence of colorectal
cancer, technological advancement, introduction of non-invasive screening tests
are driving the growth of the global in-vitro colorectal cancer screening tests
market.

Colorectal cancer ECCO
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type of cancer worldwide, affected 1.4 mn people in 2012, says the World Cancer
Research Fund International. In the next nine years (by 2035), the world will
have nearly 2.4 mn colorectal cancer patients. Korea was the country with the
highest rate of colorectal cancer ECCO
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Denmark, and the Netherlands in the top five. These figures underline the rapid
spread of the disease and the need to diagnose it at an early stage so patients
can go back to leading a normal life as soon as possible. That has directly
impacted the In-vitro colorectal cancer screening tests market ECCO
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surged over the past few years.

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A recent market study by Transparency Market Research predicts that the
global market for in-vitro colorectal cancer screening tests will hold a
US$980.6-mn opportunity by 2023, up remarkably from the market’s worth of
US$494.1 mn as of 2014. At an estimated compounded annual growth rate of 7.5%
between 2015 and 2023, it is clear that companies in the market will continue to
launch new products in response to the rising demand for colorectal cancer
screening tests. In vitro screening tests are becoming increasingly popular for
many different diseases and conditions. Colorectal cancer is no exception.

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European Countries Report High Rates of Colorectal Cancer, but North America
In Vitro Colorectal Cancer Screening Tests Market Valued the Highest

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The market for in vitro colorectal cancer screening tests in North America
was in the leading position in 2014 in terms of revenue. The prevalence of colon
cancer in North America is on the rise ECCO
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creating conditions conducive for the growth of this market. Moreover,
government policies have been extremely supportive as far as the development and
introduction of new, safe in vitro cancer screening tests go. This has given the
market in North America a further push. The overall spends on healthcare are
high in North America as compared to other regions worldwide – yet another
factor contributing to putting North America in the top position in the in vitro
colorectal cancer screening tests market.

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However, the next few years could well see a change in the status quo because
several countries in Europe are reporting a rise in the incidence of colorectal
cancer ECCO
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proportionate rise in demand for screening tests. The massive graying population
here and notable improvements in healthcare infrastructure can be credited for
this imminent change.

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Demand for Fecal Occult Blood Tests Stays Strong

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An uncontrolled growth in the cells of the colon or rectum can lead to colon
cancer, also known as colorectal cancer. Advances in screening and testing
technologies have made it easier for medical practitioners to determine the
presence of colorectal cancer among patients and advise the best course of
action to treat it.

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Currently, the key types of in vitro colorectal cancer screening tests that
are available on the market can be classed into: stool biomarker tests, fecal
occult blood tests ECCO
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Of these, fecal occult blood tests are the most commonly used screening tests
for colorectal cancer. Their demand is primarily steered by the rising number of
diabetics worldwide, the high demand for screening tests that are non-invasive
in nature, and the ease of collecting the sample for the test.

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BEIJING, May 15 (Xinhua) -- China's investment in property development
continued to rise in the first four months of this year and picked up growth
momentum, official data showed.

The investment in real estate development expanded 9.3 percent year on year
from January to April ECCO
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points faster than the growth rate registered in the first three months this
year, the National Bureau of Statistics (NBS) said Monday.

Xi calls for renewing Silk Road spirit

Full video: President Xi delivers keynote speech at Belt and Road Forum

Xi says China, Russia play role of "ballast stone" in world peace, stability

Xi calls for strengthened strategic coordination between China ECCO
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Chinese submersible explores turbidity current in South China Sea

Straw art gala held in E China's Shandong

Xinjiang Int'l Grand Bazaar held in Urumqi, NW China

8th China Peking Opera art festival to be held in Nanjing

14 Varieties of Red Wine Grapes You Should Know About

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