Global Esoteric Testing Market Top Companies are Quest Diagnostics, Opko Health, Miraca Holdings, Myriad Genetics, Sonic Healthcare, Primary Health Care, Healthscope, Foundation Medicine, ACM Global Laboratories, Arup Laboratories, Fulgent Genetics

Market Analysis: Global Esoteric Testing Market

The Global Esoteric Testing Market is expected to reach USD 42.68 Billion by 2025, from USD 18.25 Billion in 2017 growing at a CAGR of 11.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Get Free Sample Copy of Report at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-esoteric-testing-market

Market Definition: Global Esoteric Testing Market

Esoteric testing is the analysis of unique or rare molecules whose assays are not performed in the routine clinical lab. Esoteric testing requires sophisticated equipment and materials as well as experienced personnel to perform the test. The equipment and devices are generally outsourced to special clinical labs as it is very cost effective for hospitals. The tests are ordered very less frequently and the price of these test are highly expensive. Esoteric testing generally includes genetics, immunology, microbiology, toxicology, oncology, and molecular diagnostics test. The main challenge in estoric testing is that they require highly experienced and qualified medical technologist apart from that expensive materials. In August 2015, NYU Langone Health and Sonic Healthcare USA came into a joint venture to form a laboratory. This agreement enhanced the outpatient laboratory services to over 2,000 physicians affiliated with the NYU hospital system. In June 2017, Quest Diagnostics announced the complete acquisition of Medfusion and ClearPoint and form National Precision Oncology Center. This acquisition provide better facilities for cancer patients precise diagnostics like genomic sequencing of cancerous DNA which in turn help physician select therapy, clinical trial and monitor response. The main reason of this acquisition was to develop a regional and a national reference and esoteric testing business serving hospitals, in Dallas.

Major Market Drivers and Restraints:

• Increase in prevalence of chronic disease.
• Increase in geriatric population.
• Number of patients suffering from infectious disease increased.
• Increased awareness of personalized medicine
• Development of specific markers used in genomic and proteomics
• Advancement in technology of esoteric testing
• Reimbursement Scenario
• Less patient’s awareness

To Avail 10% Discount On This Report Mail Us on :-
sopan.gedam@databridgemarketresearch.com

Market Segmentation: Global Esoteric Testing Market

• The esoteric testing market is segmented into type, technology, laboratory type and geography.

• Based on type the market is segmented into infectious diseases testing, endocrinology testing, oncology testing, genetic testing, toxicology testing immunology testing, neurology testing and others.

• Based on technology the market is segmented into Chemiluminescence immunoassay, enzyme-linked immunosorbent assay, radioimmunoassay, flow cytometry real-time PCR, mass spectrometry and others technologies.

• Based on the laboratory type the market is segmented into independent & reference laboratories and hospital laboratories.

• Based on geography the global esoteric testing market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Competitive Analysis: Global Esoteric Testing Market

The global esoteric testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of esoteric testing market for global, Europe, North America, Asia Pacific and South America.

To Inquire Regarding This Report at https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-esoteric-testing-market

Major Market Competitors/players: Global Esoteric Testing Market

Some of the major players operating in the market are Quest Diagnostics, Opko Health, Miraca Holdings, Myriad Genetics, Sonic Healthcare, Primary Health Care, Healthscope, Foundation Medicine, ACM Global Laboratories, Arup Laboratories, Fulgent Genetics, Invitae, Mayo Medical Laboratories, Spectra Laboratories among others.

Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Esoteric Testing Market.

- Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the Global Esoteric Testing Market, thereby allowing players to develop effective long term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Request for Detailed TOC at https://databridgemarketresearch.com/toc/?dbmr=global-esoteric-testing-market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

This release was published on openPR.