Esoteric Testing Market Industry Insights 2018| Key Players: Genomic Health, ARUP Laboratories, ACM Global Laboratories, American Esoteric Laboratories, Fulgent Genetics, OPKO Health, Inc., Myriad Genetics

Infectious disease business segment dominated the esoteric testing market in 2017 with around 28% market share followed by endocrinology, anticipated to witness considerable growth over the coming years. Rising incidences of infectious diseases coupled with growing demand for advanced molecular tests for identifying rare molecules present in the body will drive segment growth. Rising awareness about pre-disease diagnosis and treatment will further stimulate demand for esoteric tests over the coming years.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Genomic Health
2. ARUP Laboratories
3. ACM Global Laboratories
4. American Esoteric Laboratories
5. Fulgent Genetics
6. OPKO Health, Inc.
7. Myriad Genetics
8. Litholink / Laboratory Corporation of America
9. Mayo Medical Laboratories
10. Miraca Holdings Inc.
11. Nordic Immunological laboratories BV
12. Quest Diagnostics

RT-PCR business segment of esoteric testing market is estimated to witness around 9.6% CAGR growth over the forecast period. Growing adoption and application of real-time PCR as compared to other conventional techniques due to its superior specificity, sensitivity and speed with reduced contamination risk will drive segment growth. Technological advancements in field of PCR coupled with growing investments towards PCR-based research will further propel business growth.

Germany esoteric testing market should grow with more than 8.5% CAGR growth rate owing to increasing incidences of rare and complex diseases and high cutting edge technological adoption. Germany has well developed National Rare Disease Plan with centralized core programs for neonatal screening, national funding, access to treatments, robust research plans, coordinated networks and cross-border collaborations for rare diseases should propel industry growth.

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Developing healthcare infrastructure, growing awareness about early disease detection and numerous initiatives undertaken by government will drive Indian esoteric testing market. Initiatives such as action plan to eradicate Visceral leishmaniasis (VL) by 2017 undertaken by government will fuel industry growth. Furthermore, increasing elderly population in the country will stimulate demand for esoteric tests over the coming years.

Esoteric Testing Market by Test-type
o Endocrinology
o Infectious disease & immunology
o Oncology
o Toxicology
o Neurology
o Genomics

Esoteric Testing Market by Technology
o Mass spectrometry
o Flow cytometry
o ELISA
o Radioimmunoassay
o Chemiluminescence
o RT-PCR

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