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Gastric Cancer Testing: Introduction

  • Cancer is caused due to abnormal cell growth in an uncontrolled manner, with the potential to spread or invade other parts of the body. Initiation of cancer takes place when changes in the gene make a single cell or a few cells to grow and multiply. This could result in the growth of the abnormal mass of tissue known as a tumor.
  • Gastric cancer, also known as stomach cancer, is the formation of cancer cells in the lining of the stomach. Risk factors for gastric cancer include diet and stomach disease.
  • Symptoms of gastric cancer are indigestion and stomach pain or discomfort. The National Cancer Institute (NCI) of the U.S. estimated that 28,000 new cases of stomach cancer were recorded in the U.S. in 2017. It also estimated that gastric cancer accounted for 1.7% of the new cancer cases in the country.

Key Drivers of Global Gastric Cancer Testing Market

  • Increase in incidence of gastrointestinal tumors, lymphoma, and adenocarcinoma; rise in alcohol consumption, surge in smoking, and increase in the geriatric population are anticipated to boost the growth of the global gastric cancer testing market
  • However, stringent government regulations and high cost of testing are projected to hamper the growth of the global gastric cancer testing market

Computed Tomography (CT or CAT) Scan to be Highly Attractive Segment

  • In terms of test type, the global gastric cancer testing market can be classified into computed tomography (CT or CAT) scan, chest X-ray, imaging tests, Helicobacter pylori test, laparoscopy, positron emission tomography (PET) scan, magnetic resonance imaging (MRI) scan, and upper gastrointestinal (GI) series.
  • Wide applications and high efficiency of computed tomography (CT or CAT) scan are anticipated to drive the segment during the forecast period

Gastrointestinal Stromal Tumor to be Highly Lucrative Segment

  • Based on gastric cancer type, the global gastric cancer testing market can be categorized into lymphoma, adenocarcinoma, carcinoid tumor, and gastrointestinal stromal tumor (GIST)
  • The gastrointestinal stromal tumor segment is projected to dominate the market because of the increase in number of gastrointestinal stromal tumor cases

Hospitals to be Highly Attractive Segment

  • In terms of end-user, the global gastric cancer testing market can be divided into hospitals, diagnostic centers, and others
  • The hospitals segment dominated the market in 2020. Initiatives by regional governments to develop health care infrastructure is expected to drive the hospitals segment

Asia Pacific to Offer Significant Opportunities in Gastric Cancer Testing Market

  • In terms of region, the global gastric cancer testing market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is anticipated to lead the global gastric cancer testing market due to increase in the geriatric population and high consumption of salty, smoked, and pickled foods
  • According to the World Cancer Research Fund International, South Korea had the highest rate of gastric or stomach cancer in 2018, followed by Mongolia, Japan, and China.
  • In other parts of the world, particularly in less developed countries, stomach cancer is much more common. The gastric cancer testing market in North America and Europe is anticipated to witness comparatively sluggish growth. According to the American Cancer Society, in the U.S., the number of new cases of stomach cancer declined by around 1.5% every year in the past 10 years.
  • According to the National Cancer Institute and the University of Texas MD Anderson Cancer Center, globally, nearly 26,200 new cases of stomach cancer were diagnosed in 2018. Over 60% of these included people aged 65 or over, and 68 years is considered the median age of diagnosis.
  • Stomach cancer is considered the second leading cause of cancer death in much of the rest of the world, specifically Japan, South America, Eastern Europe, and parts of the Middle East. Factors responsible could be differences in diet, the rate of infection with bacteria known as Helicobacter pylori, and the environment.

Key Players Operating in Global Gastric Cancer Testing Market

The global gastric cancer testing market is semi-consolidated, with the presence of international and local players. Key players operating in the global gastric cancer testing market are:

  • Agilent Technologies, Inc.
  • Illumina, Inc.
  • Thermo Fisher Scientific, Inc.
  • General Electric Company
  • BD
  • Abbott
  • Siemens Healthcare GmbH
  • F. Hoffmann-La Roche Ltd.
  • Koninklijke Philips N.V.

Global Gastric Cancer Testing Market: Research Scope

Global Gastric Cancer Testing Market, by Test Type

  • Computed Tomography (CT or CAT) Scan
  • Chest X-ray
  • Imaging Tests
  • Helicobacter Pylori Test
  • Laparoscopy
  • Positron Emission Tomography (PET) Scan
  • Magnetic Resonance Imaging (MRI) Scan
  • Upper Gastrointestinal (GI) Series

Global Gastric Cancer Testing Market, by Gastric Cancer Type

  • Lymphoma
  • Adenocarcinoma
  • Carcinoid Tumor
  • Gastrointestinal Stromal Tumor (GIST)

Global Gastric Cancer Testing Market, by End-user

  • Hospitals
  • Diagnostic Centers
  • Others

Global Gastric Cancer Testing Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Gastric Cancer Testing Market