Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

North America Colorectal Cancer Screening Tests Market Outlook

The North America colorectal cancer screening tests market size was valued at USD 5.94 billion in 2023. The market is further projected to grow at a CAGR of 5.6% between 2024 and 2032, reaching a value of USD 9.78 billion by 2032.

Key Takeaways

  • The American Cancer Society's estimates for colorectal cancers in the United States of America for 2024 are around 106,590 new cases of colon cancer and 46,220 new cases of rectal cancer.
  • As per industry reports, in 2021, approximately 24,800 cases of colorectal cancer had been diagnosed in Canada.
  • According to the Canadian Cancer Society, colorectal cancer is the fourth most common cancer in the country.

According to the North America colorectal cancer screening tests market report, a rising number of younger people are being diagnosed with colorectal cancer in North America. Factors contributing to an increase in colorectal cancer are an unhealthy diet, lack of physical activity, and a rise in smoking and alcohol consumption as well as genetics or family history. Symptoms of colorectal cancer include blood in stool, changes in bowel habits, and unexplained weight loss. Canadian provinces conduct routine colorectal cancer screening programs, which aids the market growth.

According to the North America colorectal cancer screening tests market analysis, the fecal immunochemical test (FIT) is an easy-to-use stool test that can also be done at home. It can help patients find colorectal cancer early, as well as precancerous conditions that if untreated might become colorectal cancer. In Canada, Ontario, and British Columbia recommend FIT screening every two years, while people living in Alberta are eligible for annual FIT screening. The U.S. Preventive Services Task Force recommends that adults aged between 45 to 75 be regularly screened for colorectal cancer. The colorectal cancer survival rate is rising in Canada and the United States supported by earlier detection of the cancer through routine examinations and screening and due to advances in treatments.

North America Colorectal Cancer Screening Tests Market

Market Segmentation

North America Colorectal Cancer Screening Tests Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.

Market Breakup by Screening Tests

  • Stool-Based Tests
    • Fecal Immunochemical Test (FIT)
    • Fecal Occult Blood Test (FOBT)
    • Stool DNA Test
  • Colonoscopy
  • CT Colonography (Virtual Colonoscopy)
  • Flexible Sigmoidoscopy
  • Others

Market Breakup by End User

  • Hospitals
  • Diagnostic Centres/Laboratories
  • Others 

Market Breakup by Country

  • United States of America
  • Canada

Competitive Landscape

The key players in the colorectal cancer screening tests market in North America are producing highly efficient colorectal cancer screening tests.

  • Abbott Laboratories
  • 3T Medical Complete Systems  
  • Epigenomics AG                 
  • Exact Sciences Corporation 
  • Roche Diagnostics Corporation         
  • Siemens AG            
  • Sysmex Inostics, Inc.                
  • EKF Diagnostics Holdings Plc    
  • Laboratory Corporation of America® Holdings.    
  • LetsGetChecked Inc    
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Screening Tests
  • End User
  • Region
Breakup by Screening Tests
  • Stool-Based Tests
  • Colonoscopy
  • CT Colonography (Virtual Colonoscopy)
  • Flexible Sigmoidoscopy
  • Others
Breakup by End Use
  • Hospitals
  • Diagnostic Centres/Laboratories
  • Others 
Breakup by Region
  • United States of America
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Abbott Laboratories
  • 3T Medical Complete Systems  
  • Epigenomics AG                 
  • Exact Sciences Corporation 
  • Roche Diagnostics Corporation         
  • Siemens AG            
  • Sysmex Inostics, Inc.                
  • EKF Diagnostics Holdings Plc    
  • Laboratory Corporation of America® Holdings.    
  • LetsGetChecked Inc    
  • Others

North America Colorectal Cancer Screening Tests Market Report Snapshots

North America Colorectal Cancer Screening Tests Market Size

North America Colorectal Cancer Screening Tests Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the colorectal cancer screening tests market reached an approximate value of USD 5.94 billion.

The market is expected to grow at a CAGR of 5.6% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 9.78 billion by 2032.

A colonoscopy is one of the most sensitive tests available for colon cancer screening. The doctor views the patient’s entire colon and rectum and removes abnormal tissue, such as polyps during the exam.

Stool-based tests look at the stool for possible signs of colorectal cancer or polyps.

The major drivers of the market include rising occurrences of colorectal cancer in young patients, advancement in screening technology, and rising awareness of colorectal cancer.

Key trends aiding market expansion include rising emphasis on colorectal cancer screening, the availability of screening kits, and extensive research to enhance the quality and efficiency of colorectal cancer screening kits.

Major regions in the market are the United States of America and Canada.

The end user of colorectal cancer screening tests are hospitals, diagnostic centres/ laboratories, and others.

Key players in the market are Abbott Laboratories, 3T Medical Complete Systems, Epigenomics AG, Exact Sciences Corporation, Roche Diagnostics Corporation, Siemens AG, Sysmex Inostics, Inc., EKF Diagnostics Holdings Plc, Laboratory Corporation of America® Holdings., and LetsGetChecked Inc, among others.

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