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Global Cholesterol Testing Market Comprehensive Study Explores Huge Growth in Future, 2020-2026 | Abbott Laboratories, Accutech, LLC, Beckman Coulter Inc., Bio-Rad Laboratories Inc

09-21-2020 08:34 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Cholesterol Testing Market

Global Cholesterol Testing Market

The large scale Global Cholesterol Testing Market report helps define commerce strategies to the businesses of small, medium as well as large size. Being a wide-ranging market research report, it is sure to help grow business in several ways. The forecast, analysis, evaluations and estimations carried out in this business report are all based upon the well established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. Businesses can trust confidently on these authentic tools which are used in market analysis. The Global Cholesterol Testing Market analysis report provides top to bottom analysis and estimation of various market related factors that plays key role in better decision making.

The winning Global Cholesterol Testing Market report describes CAGR (compound annual growth rate) values and its fluctuations for the specific forecast period. Moreover, this research report highlights numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. Keeping in mind the customer requirement, this finest market research report is constructed with the professional and in-depth study of industry. International Global Cholesterol Testing Market report also provides company profiles and contact information of the key market players in the key manufacturer’s section.

The Global Cholesterol Testing Market is expected to reach USD 2,572.27 million by 2025, from USD 1,408.99 million in 2017 growing at a CAGR of 7.9% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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The major factors driving the market are technological advancements in cholesterol testing, growing number of cardiovascular diseases and obesity, higher growing number of geriatric population, rising awareness and acceptance of preventive healthcare, increasing cholesterol home/self-testing market.

Global Cholesterol Testing Market By Product Type (Test Kits, Testing Strips), By Test (Lipid Panel Test/Complete Lipid Profile {Total Cholesterol Test, HDL Cholesterol Test, LDL Cholesterol Test, Triglycerides/VLDL Cholesterol Test}, By Test Type (Non-Invasive, Invasive), By Prescription Mode (Over The Counter, Prescription Based), By End-Users (Clinics, Hospitals, Ambulatory Centers, Homecare, Diagnostic Centers), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)- Industry Trends and Forecast to 2025

Major Players: Global Cholesterol Testing Market

Some Of the Major Players Operating in this Market are:-

Abbott Laboratories,
Accutech,
LLC,
Beckman Coulter Inc.,
Bio-Rad Laboratories Inc.,
Prima Lab SA,
Quest Diagnostics Inc.,
Home Access Health Corporation,
Hoffmann-La Roche AG,
Siemens AG, and
Sigma-Aldrich Corp. among others.

Key Drivers: Global Cholesterol Testing Market

The major factors driving the market are technological advancements in cholesterol testing, growing number of cardiovascular diseases and obesity, higher growing number of geriatric population, rising awareness and acceptance of preventive healthcare, increasing cholesterol home/self-testing market.

Key Points: Global Cholesterol Testing Market

In 2017, the global cholesterol testing market is dominated by F. Hoffmann-La Roche Ltd, followed by Siemens AG and Abbott
The test kits segment is dominating the global cholesterol-testing market.
The cholesterol testing market is dominating in Asia-Pacific region for the period 2018 to 2025.

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Market Segmentation: Global Cholesterol Testing Market

The global cholesterol testing market is segmented on the basis of product type, test, test type, prescription mode, and end-users. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.

The Global cholesterol testing market is segmented based on product type into testing strips and test kits. In 2018, test kits are expected to dominate the global cholesterol-testing market with 58.7% market share and are expected to reach USD 6,119.56 million by 2025, with the highest CAGR of 7.9 % in the forecast period 2018 to 2025.
The Global cholesterol testing market is segmented on the basis of test into lipid panel test/complete lipid profile, apolipoprotein b test, apolipoprotein A-1 test, APOE genotyping test, apolipoprotein CII and others. In 2018, lipid panel test/complete lipid profile are expected to dominate the global cholesterol-testing market with 35.3% market share and are expected to reach USD 3,778.31 million by 2025, with the highest CAGR of 8.3% in the forecast period 2018 to 2025.
The Global cholesterol testing market is segmented on the basis of test type into non-invasive and invasive. The invasive are expected to reach USD 7,131.55 million by 2025, from USD 4,032.26 million in 2017, growing at a CAGR of 7.5%. However, non-invasive is growing at the highest CAGR of 8.2% and is expected to reach USD 3,159.02 million by 2025.

The Global cholesterol testing market is segmented on the basis of prescription mode into over the counter and prescription based. In 2018, prescription-based are expected to dominate the global cholesterol-testing market with 76.9% market share and is expected to reach USD 8,059.07 million by 2025, with the highest CAGR of 8.0% in the forecast period 2018 to 2025.
The Global cholesterol testing market is segmented on the basis of prescription mode into end users, clinics, hospitals, ambulatory centers, home care and diagnostic centers. In 2018, hospitals segment is expected to dominate the global cholesterol-testing market with 35.0% market share and is expected to reach USD 4,233.71 million by 2025, with the highest CAGR of 8.5% in the forecast period 2018 to 2025.
Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

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About Data Bridge Market Research:

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.

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