South and Central America Irritable Bowel Syndrome (IBS) Diagnostics Market

Market Introduction

Irritable bowel syndrome (IBS) is defined as gastro-intestinal disorder causing discomfort in the stomach, along with wind, diarrhoea and constipation. IBS can develop after a severe session of diarrhea (gastroenteritis) caused by bacteria or a virus. People exposed to stressful events, especially in childhood, tend to have more symptoms of IBS. IBS diagnostics is done through medical history, physical exam and imaging tests.

Market Overview and Dynamics

The South and Central America irritable bowel syndrome (IBS) diagnostics market is expected to reach US$ 3,880.91 million by 2028 from US$ 2,470.61 million in 2020; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028. The growth of the market is determined due to some of the key driving factors, such as increasing prevalence of irritable bowel syndrome and associated conditions and advancements in diagnostics of syndrome. On the other hand, challenges in diagnosis of IBS are likely to restraint the growth of market during the forecast years.

Key Market Segments

Based on the diagnosis, the South and Central America irritable bowel syndrome (IBS) diagnostics market was segmented into laboratory tests and imaging tests. In 2020, the laboratory tests segment held a larger share of the market and is expected to grow at a faster rate during the coming years.

Based on indication, the South and Central America irritable bowel syndrome (IBS) diagnostics market is segmented into pain and cramping, diarrhea, constipation, and alternating constipation & diarrhea. The pain and cramping segment held the largest share of the market in 2020 and is anticipated to register the highest CAGR in the market during the forecast period.

Major Sources and Companies Listed

A few of the primary and secondary sources associated with this report on South and Central America irritable bowel syndrome (IBS) diagnostics market are American Society for Gastrointestinal Endoscopy (ASGE), Centers for Disease Control and Prevention (CDC) and International Foundation for Gastrointestinal Disorders (IFFGD).

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SOUTH AND CENTRAL AMERICA IRRITABLE BOWEL SYNDROME (IBS) DIAGNOSTICS MARKET SEGMENTATION

By Diagnosis

• Laboratory Tests
  • Lactose Intolerance Tests
  • Breath Test for Bacterial Overgrowth
  • Stool Tests
  • Stool Tests
• Imaging Tests
  • CT Scan or X-ray
  • Upper Endoscopy
  • Upper Endoscopy

By Indication

• Pain and Cramping
• Diarrhea
• Constipation
• Alternating Constipation and Diarrhea

By Country

• • Brazil
  • Argentina
  •  Rest of South and Central America

Company Profiles

• Commonwealth Diagnostics International
• Genova Diagnostics
• Inova Diagnostics, Inc
• Biohit Oyj
• Aerodiagnostics, LLC.
• Sysmex Corporation (Sysmex Europe GmbH)

South and Central America Irritable Bowel Syndrome (IBS) Diagnostics Market Strategic Insights

South and Central America Irritable Bowel Syndrome (IBS) Diagnostics Market Segmentation Analysis

South and Central America Irritable Bowel Syndrome (IBS) Diagnostics Market Report Highlights

South and Central America Irritable Bowel Syndrome (IBS) Diagnostics Report Scope

South and Central America Irritable Bowel Syndrome (IBS) Diagnostics Market Country and Regional Insights