openPR Logo
Press release

Asia Pacific Esoteric Testing Market 2019 Analysis, Opportunities and Forecast To 2025

10-09-2019 04:04 PM CET | Health & Medicine

Press release from: Graphical Research

Asia Pacific Esoteric Testing Market 2019 Analysis,

Growing burden of orphan diseases will act as primary driver for Asia Pacific esoteric testing market growth. Initiation of various projects such as The Asia-Pacific Rare Diseases Network (ARDNet) Project in the region to assist in rare disease treatment will stimulate business growth over the forecast timeframe.
According to the Graphical Research new growth forecast report titled Asia Pacific Esoteric Testing Market Size By Test Type (Endocrinology, Infectious Disease & Immunology, Oncology, Toxicology, Neurology, Genomics), By Technology (Mass Spectrometry, Flow Cytometry, ELISA, Radioimmunoassay, Chemiluminescence, RT-PCR), Industry Analysis Report, Regional Outlook (Japan, China, India, Australia, Korea, Singapore, Malaysia), 2019-2025”, estimated to exceed USD 10.5 Billion By 2025.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1169/sample

Government support to escalate production of orphan drugs coupled with rising demand for advanced disease diagnostic tests will drive esoteric testing market. Industry players are collaborating with research institutes and other healthcare facilities to advance research on rare disease diagnosis and treatment. Furthermore, growing incidence of rare diseases in Asia Pacific will elevate the demand for esoteric tests in the region, thereby fueling industry growth. However, dearth of skilled healthcare professionals in the region will hamper industry expansion to certain extent over the coming years.

Oncology esoteric testing market was valued at USD 896.1 million in 2018 and is estimated to grow at robust pace over the forecast years. Increasing incidence of cancer in the region along with rising awareness about early disease detection will escalate demand for esoteric test in Asia Pacific over the forecast timeline.

ELISA esoteric testing technology is projected to progress at 12.2% CAGR over the projected period. High adoption of this technology coupled with application of ELISA in detection of various analytes will drive segmental growth during the analysis period. Increasing use of immunoassay tests in cancer, infectious disease testing, point-of-care in vitro diagnostics and therapeutic drug level monitoring should further propel industry growth.

India esoteric testing market is estimated to witness 13.3% CAGR during the forecast period. Increasing incidence of rare diseases will act as high impacting factor for market growth. As per the Organization for Rare Diseases India (ORDI) estimates, nearly 70 million people in India suffer from a rare disease. However, majority of these diseases remain undiagnosed due to less awareness about rare diseases and dearth of skilled healthcare professionals in the country. Thus, India offers immense growth opportunity for esoteric testing market over the coming years.

Major market players involved in the Asia Pacific esoteric testing market are Opko Health, Laboratory Corporation of America, Myriad Genetics and Quest Diagnostics. Firms are presently focusing on new product development and business expansion to strengthen their market position along with building strong product portfolio. For instance, In November 2018, Japan Clinical Laboratories Inc. (a subsidiary of Miraca Holdings Inc.) established a new pathology and cytology center to strengthening its presence in Japan’s Kansai region.

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1169/asia-pacific-esoteric-testing-market

Segments we cover:

Asia Pacific Esoteric Testing Market, By Test type
Endocrinology
Infectious Disease & Immunology
Oncology
Toxicology
Neurology
Genomics
Others
Asia Pacific Esoteric Testing Market, By Technology
Mass Spectrometry
Flow Cytometry
ELISA
Radioimmunoassay
Chemiluminescence
RT-PCR
Others

Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com

About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia Pacific Esoteric Testing Market 2019 Analysis, Opportunities and Forecast To 2025 here

News-ID: 1845511 • Views: 73

More Releases from Graphical Research

Steady Growth of 3% CAGR to be Witnessed by Feed Phytogenics Market by 2024 : Gr …
Feed Phytogenics market size is estimated to surpass 75 kilo tons by 2024, at a CAGR of around 3% over the period of 2018-2024. Growing consumer preference towards natural growth promoters coupled with increasing meat consumption rates are factors likely to drive the industry growth over the coming eight years. Phytogenics are feed additives used in livestock production. They belong to the group of natural growth promoters or non-antibiotic growth
Europe Machine Translation Market, 2019-2024 by Segmentation Based on Product, A …
The Europe machine translation is projected to witness a substantial growth over the forecast period owing to the growing demand from the language service providers. The increasing adoption of machine translation and speech recognition by the service providers has contributed significantly to the growth of the market. This is primarily attributed to the support from the EU financed programs. Moreover, Europe has a strong presence in the U.S as the
Graphical Research Releases New Report on the Butane Market 2019-2025 : Graphica …
Global butane market size is anticipated to surpass 285 million tons by 2024 owing to its applications in refinery, LPG, and petrochemicals. Rising acceptance of LPG as a domestic fuel coupled with government efforts to provide LPG at subsidized rates to minimize the greenhouse emissions are few of the factors predicted to fuel the industry growth. Furthermore, launch of various programs by the government encouraging LPG use is expected to
Analytical Insights about Automotive Coatings Market provided in Detail (2019-20 …
Automotive coatings market size is predicted to surpass USD 27 billion by 2024 owing to its end-use applications in automotive refinish, light vehicle OEM, and commercial OEM industries. Growing consumer preference towards automobile protection from UV radiations, acid rains, high temperatures, and foreign particles are predicted to drive the industry trends over the coming years. Other key features such as aesthetic appearance of automobile as well as enhanced vehicle durability

All 5 Releases


More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the