Dublin, Aug. 09, 2024 (GLOBE NEWSWIRE) -- The "U.S. Exocrine Pancreatic Insufficiency Diagnostics Market Size, Share & Trends Analysis Report by Diagnostic Method (Laboratory Tests, Imaging Tests), End-use (Hospitals, Clinics, Diagnostic Laboratories), and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The U.S. exocrine pancreatic insufficiency diagnostics market size is expected to reach USD 2.39 billion by 2030, growing at a CAGR of 7.04% from 2024 to 2030
Several factors are driving market growth, including increasing incidence of pancreatic diseases, technological advancements, and favorable government initiatives & funding. A key future trend in the industry is the integration of machine learning algorithms and Artificial Intelligence (AI) with diagnostic tools.
For instance, AI-based software platforms like the gastroenterology-AI platform analyze medical imaging data from CT scans or MRIs to assist healthcare professionals in identifying signs of pancreatic insufficiency more accurately and efficiently. This technological trend is expected to enhance diagnostic accuracy, reduce interpretation errors, and improve patient outcomes in the future, thereby driving the demand for products over the forecast period.
As the market becomes increasingly competitive, consumer needs are at an all-time high for improved diagnostic instruments and consumables in terms of high yield & robust outcomes. New-age technologies, such as AI in CT scans and MRIs, are expected to impede the sales of older products, opening new R&D opportunities in the market. Price, compatibility, safety, and time taken to provide results are major factors differentiating new EPI testing technologies from existing ones, thereby gaining a competitive edge over them.
For instance, ALPCO Diagnostics introduces state-of-the-art assays, including the Pancreatic Elastase (PE) Chemiluminescence ELISA and CLIA tests, designed to detect pancreatic elastase rapidly & accurately in the stool. These advanced assays offer healthcare professionals a reliable means of diagnosing EPI, facilitating prompt intervention and improved patient outcomes. However, companies are focusing on developing newer products with higher efficacy made available at lower costs.
U.S. Exocrine Pancreatic Insufficiency Diagnostics Market Report Highlights
Companies Featured
Key Attributes:
Report Attribute | Details |
No. of Pages | 85 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $1.49 Billion |
Forecasted Market Value (USD) by 2030 | $2.39 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | United States |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Diagnostic Method Outlook
2.2.2. End-use Outlook
2.3. Competitive Insights
Chapter 3. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.1.1. Increasing prevalence of target disease
3.2.1.2. Technological advancements
3.2.1.3. Growing awareness and screening initiatives
3.2.2. Market Restraint Analysis
3.2.2.1. Regulatory hurdles and compliance requirements
3.2.2.2. Underdiagnosis and misdiagnosis
3.3. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market Analysis Tools
3.3.1. Industry Analysis - Porter's
3.3.2. PESTEL Analysis
3.4. Regulatory Scenario
3.5. Reimbursement Scenario
3.6. Pricing Analysis
3.7. Target Population Analysis
Chapter 4. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market: Diagnostic Method Estimates & Trend Analysis
4.1. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market: Diagnostic Method Segment Dashboard
4.2. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market: Diagnostic Method Movement Analysis
4.3. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market Size & Trend Analysis, by Diagnostic Method, 2018 to 2030 (USD Million)
4.4. Laboratory Tests
4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2. Indirect Pancreatic Function Tests
4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2.2. Stool Tests
4.4.2.3. Blood Tests
4.5. Imaging Tests
4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.5.2. CT Scans
4.5.3. MRI
4.5.4. Endoscopic Ultrasound for Pancreatic Function Tests
Chapter 5. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market: End-use Estimates & Trend Analysis
5.1. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market: End-use Segment Dashboard
5.2. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market: End-use Movement Analysis
5.3. U.S. Exocrine Pancreatic Insufficiency Diagnostics Market Size & Trend Analysis, by End-use, 2018 to 2030 (USD Million)
5.4. Hospitals & Clinics
5.5. Diagnostic Laboratories
5.6. Research Institutes
Chapter 6. Competitive Landscape
6.1. Participant Categorization
6.2. Participant Overview
6.3. Financial Performance
6.4. Product Benchmarking
6.5. Heat Map Analysis
6.6. Vendor Landscape
6.6.1. List of key distributors and channel partners
6.6.2. Consumer behavior analysis
For more information about this report visit https://www.researchandmarkets.com/r/63i3x7
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