The global fecal pancreatic elastase testing market is expected to rise significantly, with a forecast valuation of US$31,842.3 million by the year 2033. This means that from a market value of US$15,306.7 million in 2023, it will grow at a Compound Annual Growth Rate (CAGR) of 7.6% starting in 2023.
Pancreatic cancer is one of the leading causes of cancer-related mortality among young women. has an exceedingly bleak overall diagnosis and a chronically poor prognosis. Thus, there are numerous potential for the global pancreatic cancer sector to advance detection and therapy.
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Acute Pancreatitis Is Oftentimes:
Global cases of acute pancreatitis are on the rise, which is responsible for the market’s increasing growth rate. The two main causes of acute pancreatitis, especially in younger people, are gallstones and high alcohol consumption.
The risk of acute pancreatitis is rising due to obesity and gallstones being more common in the population. It is anticipated that this would lead to a rise in the need for effective drugs and medical equipment to cure the condition and minimize pain.
Gallstones, which account for 28 to 38 percent of all cases of acute pancreatitis (AP), are the frequent cause of the condition. Alcohol use accounts for 19 to 41 percent of cases and is the second-leading cause. Acute pancreatitis risk is exacerbated by the rise of gallstone patients.
Improved Treatment Options Spark Optimism:
New developments in therapeutic possibilities provide a glimmer of optimism despite the obstacles. Patients with pancreatic cancer are seeing longer life times thanks to the discovery of novel medication regimens and combinations.
Focus on Early Detection Remains Key:
Even though there are potential new treatment options, improving patient outcomes still heavily depends on early detection. The market for fecal pancreatic elastase testing is essential to this battle since it offers a non-invasive instrument for early detection and better patient care.
Competitive Landscape:
Manufacturers employ a number of crucial strategies to increase their clientele. Including the introduction of new products, developments in technology, collaborations, and distribution contracts amongst industry players.
Recent Development:
- In June 2020, BÜHLMANN unveiled the BÜHLMANN fPELA® turbo, a revolutionary turbidimetric immunoassay. It has received CE certification and is intended to speed up the detection of human pancreatic elastase.
- Pancreatic Elastase-Turbidimetric test, a quantitative turbidimetric test for the detection of human Pancreatic Elastase E1 in human solid stool samples. It was introduced by Vitassay, a developer and distributor of diagnostic tests, in May 2020.
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Some Key Companies are as follows:
- Laboratory Corporation of America® Holdings
- DiaSorin
- ScheBo Biotech AG
- Immundiagnostik AG
- Invivo Healthcare
- DRG Instruments GMBH
- Verisana Laboratories
- BÜHLMANN Laboratories AG
- CerTest Biotec S.L.
- R-Biopharm AG
- American Laboratory Products Company, Ltd.
- Vitassay Healthcare, S.L.U.
Key Segments Covered in the Market:
By Product:
- Fecal Pancreatic Elastase ELISA Kits
- Rapid Fecal Pancreatic Elastase Kits
By Indication:
- Chronic Pancreatitis
- Type 1 Diabetes
- Cystic Fibrosis
- Others
By End User:
- Hospitals
- Diagnostics Laboratories
- Specialty Clinics
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa
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