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Esoteric Testing Market Analysis to 2025 by Top Competitors Quest Diagnostics Incorporated, Laboratory Corporation of America Holdings, Sonic Healthcare, Caris Life Science
Esoteric Testing Market report analyses the prospects in the market for several shareholders and aspirants by identifying the high-growth segments, main actions approved by them and the market recent progressions. The global market report is prepared after fundamental levels of research regarding the Esoteric Testing Industry.The global esoteric testing market is expected to reach US$ 45,081.6 Mn in 2025 from US$ 19,868.2 in 2017. The market is estimated to grow with a CAGR of 11.7% from 2018-2025.
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Top Competitors:
1. Quest Diagnostics Incorporated
2. Laboratory Corporation Of America Holdings
3. Caris Life Sciences
4. Sonic Healthcare
5. Acm Global Laboratories
6. Foundation Medicine, Inc
7. Miraca Holdings Inc
8. Agendia
9. Primary Health Care Limited
10. Rennova
For instance, in August, 2018, Sonic Healthcare, signed an agreement with ProMedica Health System to form a joint venture to enhance laboratory services for patients and healthcare providers throughout Ohio, Michigan, and parts of Indiana. Therefore such developments done by the companies are likely to propel the growth of the esoteric testing market in the coming near future.
The objective of the study is to describe, define, and forecast the esoteric testing market by technology, test type, end user and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
The esoteric testing is defined as the analysis of the unique or the niche assay that are not performed routinely in the clinical laboratories are known as esoteric testing. The esoteric tests requires the specialized personnel as these tests are performed using the radioimmunoassay (RIA) technique which is expensive and time consuming. The report would be of an interest to various stakeholders operating in the esoteric testing market. These stakeholders include Independent/reference laboratories, clinical laboratory testing service providers, diagnostic companies, healthcare service providers, medical institutes and others.
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The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
Table of Contents
1. INTRODUCTION 21
1.1 SCOPE OF THE STUDY 21
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 21
2. GLOBAL ESOTERIC TESTING MARKET - KEY TAKEAWAYS 23
3. GLOBAL ESOTERIC TESTING - MARKET LANDSCAPE 26
3.1 OVERVIEW 26
3.2 MARKET SEGMENTATION 26
3.2.1 Global Esoteric Testing Market - By Technology 27
3.2.2 Global Esoteric Testing Market - By Test Type 28
3.2.3 Global Esoteric Testing Market - By End User 28
3.2.4 Global Esoteric Testing Market - By Geography 28
3.3 PEST ANALYSIS 29
3.3.1 North America - PEST Analysis 29
3.3.2 Europe- PEST Analysis 29
3.3.3 Asia Pacific- PEST Analysis 30
3.3.4 Middle East and Africa - PEST Analysis 30
3.3.5 South and Central America - PEST Analysis 31
4. GLOBAL ESOTERIC TESTING MARKET - KEY MARKET DYNAMICS 32
4.1 KEY MARKET DRIVERS 32
4.1.1 Rising Prevalence of Infectious Diseases 32
4.1.2 Growing Awareness Regarding Early Detection Using Specific Diagnostic Tests 33
4.1.3 Increasing Geriatric Population & Associated Growth in Chronic Diseases 33
4.2 KEY MARKET RESTRAINTS 34
4.2.1 Lack of Skilled Personnel 34
4.2.2 Poor Reimbursement Scenario 35
4.3 KEY MARKET OPPORTUNITIES 35
4.3.1 Development in the Healthcare Market 35
4.3.2 Growth Potential in Emerging Markets 36
4.4 FUTURE TRENDS 37
4.4.1 Growing Awareness of Personalized Medicine 37
4.5 IMPACT ANALYSIS 38
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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
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