Lipid Panel Testing Market 2020 Sees Promising Growth | Leading Players are Abbott, Eurofins Scientific, Boston Scientific, ​PTS Diagnostics, Randox Laboratories Ltd., Siemens Healthcare, Sonora Quest, ​PTS Diagnostics, Beaumont Health, WellnessFX

The primary sources employed while generating this Lipid Panel Testing Market report include the industry experts from the industry comprising the management corporation, processing organizations, analytical service suppliers of the industry’s value chain. All primary sources are interviewed to accumulate the data and validate qualitative & quantitative information and conclude future prospects. Secondary research consists of key data about the industry value chain, the complete pool of major players, and application areas. The Lipid Panel Testing Market report assist in market segmentation according to industry latest & upcoming trends to the bottom-most level, topographical markets and key advancement from both market and technology aligned perspectives.

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Market Analysis: Global Lipid Panel Testing Market

Global lipid panel testing market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing cardiovascular diseases and technological advancement in lipid panel testing are the factor for the growth of this market.

Key Market Competitors:

Few of the major competitors currently working in the global lipid panel testing market are Abbott, AccuTech, LLC, Avanti Polar Lipids., Beckman Coulter, Inc., F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc., Eurofins Scientific, Boston Heart Diagnostics Corporation, Laboratory Corporation of America Holdings, ​PTS Diagnostics, Quest Diagnostics, Randox Laboratories Ltd., Siemens Healthcare Private Limited, Sonora Quest Laboratories, ​PTS Diagnostics, SpectraCell Laboratories, Inc., Cleveland HeartLab, Inc, Beaumont Health, WellnessFX, InOut Labs, and others.

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Market Definition: Global Lipid Panel Testing Market

Lipid panel is a test which is done to measure the amount of lipids in the blood. Cholesterol, triglycerides, low density lipoprotein and others are some of the common lipids that are found in blood. This test is useful as it helps in detecting the problems associated with cardiovascular diseases, coronary artery diseases, high cholesterol and others. Rising cases of hypertension and dyslipidemia among population is the factor fueling the growth of this market.

Segmentation: Global Lipid Panel Testing Market

Lipid Panel Testing Market : By Disease

Hyperlipidemia
Hypertriglyceridemia
Familial Hypercholesterolemia
Hyperlipoproteinemia
Tangier Disease

Lipid Panel Testing Market : By End- Use Industry

Home Based Testing Kits
Diagnostic Laboratories
Hospitals
Others

Lipid Panel Testing Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Developments in the Market:

In May 2017, Atonomics A/S announced that they have received CE marking for their first lipid test panel under their trace platform. Trace is a platform which is a specially designed self-testing platform so that one can get accurate results at low cost. The main aim of the launch is to get lab accuracy in a user friendly format.

In April 2017, PTS Diagnostics announced that they have received approval from US Food and Drug Administration for expansion of HDL cholesterol (HDL) to 120 mg/dL for their PTS Panels lipid panel test strips. Now this, lipid panel test strip has the ability to measure 20 to 120 mg/dLf level of HDL. The main aim was to meet the requirement of the consumer for CardioChek system to measure high HDL cholesterol level.

Lipid Panel Testing Market Drivers :

Rising aging population worldwide is the factor driving the market growth
Increasing cases of hypertension worldwide will also propel the growth of the market
Growing demand for high quality medical solutions is also driving growth the market growth
Technological advancement and development in lipid panel testing market will also contribute as a factor for the market growth

Lipid Panel Testing Market Restraints :

High healthcare expenditure will restrain the market growth
Fewer profit margins for operator in the market will also hamper the market growth

Lipid Panel Testing Market analysis report offers strategic & tactical support to clients for making well-informed business decisions. DBMR team provides customization of this market report according to the business needs. Contact sales team, who will assure to get a report that suits the necessities. The report carefully examines the global Lipid Panel Testing Market, with a focus on most of the major players and their business strategies, geographical scope, market segments, product landscape and price, and cost structure. Such market report is made available for industries, individuals, and organizations across the globe, and offerings are delivered in the shortest possible turnaround time.

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