Global Non Invasive Colon Cancer Screening
Market Report
2024
Non invasive colon cancer screening market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.70% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global non invasive colon cancer screening market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.70% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Non Invasive Colon Cancer Screening Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
North America Non Invasive Colon Cancer Screening Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.9% |
Europe Non Invasive Colon Cancer Screening Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.2% |
Asia Pacific Non Invasive Colon Cancer Screening Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
South America Non Invasive Colon Cancer Screening Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.1% |
Middle East and Africa Non Invasive Colon Cancer Screening Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Non Invasive Colon Cancer Screening Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Non-invasive colon cancer screening refers to the utilization of diagnostic techniques that do not require invasive procedures such as colonoscopy or sigmoidoscopy to detect signs of colorectal cancer. These methods typically include stool-based tests like fecal immunochemical tests (FIT), stool DNA tests, and blood tests that detect specific biomarkers associated with colon cancer. Non-invasive screening offers a less discomforting and more accessible alternative to traditional invasive procedures, potentially increasing screening rates and early detection of colorectal cancer. By identifying abnormalities or cancerous cells early on, non-invasive screening methods play a crucial role in improving patient outcomes and reducing mortality rates associated with colorectal cancer.
The rising incidence and prevalence of colorectal cancer globally are driving increased sales in non-invasive colon cancer screening. As colorectal cancer rates continue to climb, healthcare providers are emphasizing the importance of early detection through screening programs. This heightened awareness prompts more individuals to seek out non-invasive screening options like fecal immunochemical tests (FIT) and stool DNA tests, contributing to market growth. With colorectal cancer being one of the most common and deadliest cancers worldwide, the imperative for effective screening methods is clear, propelling sales of non-invasive screening tests to meet the escalating demand for early detection and intervention.
In May 2022, New Horizon Health and Prenetics Group Limited announced a strategic partnership to introduce ColoClear by Circle, the "First Colorectal Cancer Screening Test approved in China", in Hong Kong, marking its first venture abroad in Southeast Asia. The partnership aims to promote ColoClear in Hong Kong, Macau, and Taiwan initially, with potential expansion into Southeast Asian markets.
An increasing public awareness campaign plays a pivotal role in driving growth in the Non-Invasive Colon Cancer Screening Market. As initiatives intensify to educate communities about the importance of early detection and prevention of colorectal cancer, more individuals become proactive in seeking screening services. These campaigns disseminate information about the effectiveness and accessibility of non-invasive screening methods, such as fecal immunochemical tests (FIT) and stool DNA tests, encouraging broader adoption. Moreover, heightened awareness fosters conversations about risk factors, symptoms, and the significance of regular screenings among healthcare providers and patients alike. By destigmatizing discussions around colorectal health and emphasizing the potential for early intervention to save lives, public awareness campaigns create a conducive environment for market expansion, driving increased demand for non-invasive screening solutions and contributing to improved patient outcomes.
Supportive government initiatives and policies are pivotal in propelling growth within the Non-Invasive Colon Cancer Screening Market. Governments worldwide are recognizing the burden of colorectal cancer and the potential for early detection to mitigate its impact. Consequently, they are implementing programs to subsidize or fully cover the costs of non-invasive screening tests, making them more accessible to the population. Additionally, policymakers are allocating resources towards awareness campaigns, emphasizing the importance of regular screening and promoting preventive healthcare measures. By integrating colorectal cancer screening into national healthcare agendas and guidelines, governments foster a culture of proactive healthcare-seeking behaviour among citizens. Moreover, regulatory frameworks ensure the quality and safety of screening tests, instilling confidence in healthcare providers and patients. Overall, supportive government initiatives create an enabling environment for market growth, driving increased adoption of non-invasive screening methods and ultimately reducing the burden of colorectal cancer.
The high costs associated with non-invasive screening tests present a significant barrier to widespread adoption. While these tests offer benefits such as convenience and reduced discomfort compared to invasive procedures, their affordability remains a concern for many individuals, particularly those without adequate insurance coverage. The expenses associated with purchasing testing kits or undergoing diagnostic procedures can deter individuals from seeking screening, especially in regions with limited financial resources or where healthcare costs are high. As a result, efforts to reduce the cost of non-invasive screening tests through subsidies, insurance coverage expansions, or the development of more cost-effective testing solutions are crucial to overcoming this barrier and ensuring equitable access to colorectal cancer screening for all populations.
The COVID-19 pandemic has had a profound negative impact on the Non-Invasive Colon Cancer Screening Market. Lockdown measures, overwhelmed healthcare systems, and redirected resources have disrupted routine screening programs, leading to a decline in screening rates. Patients have deferred non-urgent medical appointments due to fears of exposure to the virus in healthcare settings, further reducing screening uptake. Additionally, healthcare facilities have prioritized COVID-19 testing and treatment, diverting attention and resources away from colorectal cancer screening initiatives. Delays in screenings have resulted in missed opportunities for early detection and intervention, potentially leading to an increase in advanced-stage diagnoses and poorer patient outcomes. The economic downturn resulting from the pandemic has also exacerbated affordability issues, making it even more challenging for individuals to access screening services. Overall, the COVID-19 pandemic has significantly hindered progress in colorectal cancer screening efforts, underscoring the urgent need for targeted interventions to mitigate its impact.
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The competitive landscape of the Non-Invasive Colon Cancer Screening Market is characterized by intense rivalry among players striving to innovate and expand their product portfolios. Key strategies include technological advancements, strategic partnerships, and market expansion efforts to gain a competitive edge in this dynamic and rapidly evolving market segment.
In March 2021, Olympus disclosed that the FDA had granted 510(k) clearance to Narrow Band Imaging for evaluating the neoplastic potential of colorectal polyps. Utilizing the NBI International Colorectal Endoscopic (NICE) classification during screening colonoscopies enables physicians to confidently predict the histology of diminutive polyps (5mm or smaller). Implementation of NBI serves as a valuable decision-making support tool, offering benefits to patients and healthcare systems alike by facilitating informed medical assessments during colorectal examinations.(Source:https://medical.olympusamerica.com/articles/fda-clears-olympus%E2%80%99-narrow-band-imaging%C2%AE-nbi-use-assessing-colonic-lesions)
Top Companies Market Share in Non Invasive Colon Cancer Screening Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to factors such as high healthcare expenditure, well-established healthcare infrastructure, and favourable reimbursement policies. Additionally, rising awareness campaigns and government initiatives promoting colorectal cancer screening drive demand. Moreover, a large population base, coupled with a growing geriatric population prone to colorectal cancer, further boosts market growth. Advanced technological developments and increasing adoption of non-invasive screening methods also contribute to market dominance in North America.
The Asia-Pacific is the fastest growing region attributed to several factors. Rapid urbanization and industrialization lead to lifestyle changes associated with an increased risk of colorectal cancer, driving demand for screening. Moreover, improving healthcare infrastructure and rising disposable incomes enhance accessibility to screening services. Government initiatives aimed at promoting cancer awareness and early detection also play a significant role. Furthermore, a growing elderly population and expanding healthcare expenditure contribute to the region's rapid market growth.
The current report Scope analyzes Non Invasive Colon Cancer Screening Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global non invasive colon cancer screening market size was estimated at USD XX Million out of which North America held the major market of around 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031. Sales of non-invasive colon cancer screening are poised to rise in North America due to factors such as increasing adoption of preventive healthcare practices, growing awareness about the benefits of early detection, and favourable reimbursement policies. Additionally, collaborations between healthcare providers and government agencies enhance accessibility to screening services, driving increased demand. In North America, the fecal immunochemical test (FIT) segment is expected to see significant growth, fuelled by its accuracy and ease of use, thereby further solidifying its market dominance in the region.
According to Cognitive Market Research, with a market value of USD XX million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031. Europe accounted for a share of around 30% of the global market size of USD XX million. In Europe, sales of non-invasive colon cancer screening are expected to increase due to the region's aging population, leading to a higher incidence of colorectal cancer. Additionally, government initiatives promoting cancer awareness and screening programs drive demand for non-invasive screening methods. Furthermore, advancements in technology and diagnostic tools enhance the accuracy and efficiency of screening tests, contributing to market growth. The stool DNA test segment is projected to witness substantial growth in Europe, driven by its superior sensitivity in detecting colorectal cancer biomarkers, making it a preferred choice for patients and healthcare providers alike.
According to Cognitive Market Research, the global non invasive colon cancer screening market size was estimated at USD XX Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031. Sales of non-invasive colon cancer screening in Asia Pacific are anticipated to grow rapidly due to factors such as increasing healthcare expenditure, rising awareness about cancer prevention, and improving healthcare infrastructure. Additionally, technological innovations in screening technologies and the availability of affordable screening options further drive market growth. In Asia Pacific, the fecal immunochemical test (FIT) segment is expected to dominate, owing to its widespread adoption and proven efficacy in detecting colorectal cancer, thus cementing its position as the leading screening method in the region.
According to Cognitive Market Research, the global non invasive colon cancer screening market size was estimated at USD XX Million out of which Latin America market of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031. In Latin America, sales of non-invasive colon cancer screening are poised to increase due to improving access to healthcare services, rising disposable incomes, and growing awareness about the importance of preventive healthcare measures. Additionally, government initiatives promoting cancer screening programs and partnerships between healthcare organizations and non-profit organizations drive demand for screening services. Furthermore, advancements in screening technologies and the availability of affordable screening options contribute to market growth. In Latin America, the stool DNA test segment is expected to witness significant growth, offering a highly accurate and convenient screening option for patients across the region.
According to Cognitive Market Research, the global Non invasive colon cancer screening market size was estimated at USD XX Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. Sales of non-invasive colon cancer screening in the Middle East and Africa (MEA) region are expected to increase due to factors such as rising healthcare expenditure, improving healthcare infrastructure, and increasing awareness about colorectal cancer screening. Additionally, partnerships between government agencies and international organizations drive the implementation of screening programs, enhancing accessibility to screening services. Furthermore, advancements in technology and the availability of cost-effective screening options contribute to market growth. In MEA, the fecal immunochemical test (FIT) segment is projected to lead, offering a widely adopted and effective screening method for detecting colorectal cancer in the region.
Global Non Invasive Colon Cancer Screening Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Non Invasive Colon Cancer Screening Industry growth. Non Invasive Colon Cancer Screening market has been segmented with the help of its Type, Application , and others. Non Invasive Colon Cancer Screening market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, fecal immunochemical test fit held the major market share over the forecast period due to its high accuracy, ease of use, and non-invasive nature, making it a preferred choice for colorectal cancer screening. Additionally, growing awareness campaigns promoting regular screenings and the simplicity of FIT procedures contribute to its market dominance. Moreover, advancements in FIT technology, such as improved sensitivity and specificity, further drive its adoption and market share expansion.
Stool DNA test is the fastest-growing category over the forecast period, driven by several factors, including their superior sensitivity in detecting colorectal cancer biomarkers, leading to increased adoption among healthcare providers and patients. Additionally, technological advancements enhancing the accuracy and reliability of stool DNA tests contribute to their rapid market growth. Furthermore, growing patient preference for non-invasive screening methods and expanding availability of stool DNA testing kits further propel sales in this segment.
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According to Cognitive Market Research, hospitals hold a prominent market share due to their role as primary healthcare providers, where a significant portion of colorectal cancer screenings are conducted. Moreover, hospitals offer comprehensive services, including both invasive and non-invasive screening methods, catering to diverse patient populations. Additionally, the ability of hospitals to provide follow-up care and treatment further solidifies their position in the market, driving continued sales growth and market dominance.
Speciality clinics is the fastest-growing category over the forecast period, attributed to several factors, including their focus on cancer screening and prevention, leading to increased patient referrals and demand. Specialty clinics often offer streamlined services, specialized expertise, and personalized care, appealing to individuals seeking dedicated colorectal cancer screening services. Moreover, the convenience, accessibility, and efficiency of specialty clinics contribute to their attractiveness, driving market expansion and making them the fastest-growing category in the forecast period.
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Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Fecal Immunochemical Test FIT, Guaiac based Fecal Occult Blood Test gFOBT, Stool DNA Test |
Application | Hospitals, Speciality Clinics, Ambulatory Surgical Centers, Home Care Setting |
List of Competitors | NOVIGENIX SA, EIKEN CHEMICAL CO. LTD., New Horizon, Clinical Genomics Technologies Pty Ltd., Exact Sciences Corporation, Epigenomics AG, bioMérieux Inc., Olympus Corporation, KARL STORZ SE & Co. KG, FUJIFILM Holdings America Corporation |
This chapter will help you gain GLOBAL Market Analysis of Non Invasive Colon Cancer Screening. Further deep in this chapter, you will be able to review Global Non Invasive Colon Cancer Screening Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Non Invasive Colon Cancer Screening market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Fecal Immunochemical Test FIT have a significant impact on Non Invasive Colon Cancer Screening market? |
What are the key factors affecting the Fecal Immunochemical Test FIT and Guaiac based Fecal Occult Blood Test gFOBT of Non Invasive Colon Cancer Screening Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Non Invasive Colon Cancer Screening Market? |
Which region is expected to dominate the global Non Invasive Colon Cancer Screening Market within the forecast period? |
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