Esoteric Testing market rising at 11.7 % CAGR to 2025

The proposed Esoteric Testing market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.

The esoteric testing in healthcare market was valued at US$ 19,868.2 million in 2017 and it is projected to reach US$ 45,081.6 million by 2025; it is expected to grow at a CAGR of 11.7% from 2020 to 2027.

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 testing tests require the specialized personnel as these tests are performed using the radioimmunoassay (RIA) technique which is expensive and time consuming. The growth of the esoteric testing in healthcare market is attributed to the rising prevalence of infectious diseases, growing awareness regarding early detection using specific diagnostic tests, and increasing geriatric population & associated growth in chronic diseases are expected to fuel the market growth during the forecast period. However, lack of skilled personnel and poor reimbursement scenario are likely to restrain the market growth in the future years to some extent.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.theinsightpartners.com/sample/TIPHE100001382/?utm_source=OpenPR&utm_medium=10366

Furthermore, the Esoteric Testing market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.

The structure of the Esoteric Testing market report can be categorized into following sections:               

Section 1: scope of the report & research methodology

Section 2: key takeaways                                                                   

Section 3: market variables & their impact on growth and analytical tools providing high level insights into the market dynamics and growth pattern

Section 4: market estimates and forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2021 to 2025). Regional and country level estimates and forecasts for each category which are summed up to form the global market.

Section 5: competitive landscape. Attributes such as strategy framework, competitor categorization are included to provide elaborate details on the market structure & strategic undertakings as well as their impact.

Technology-Based Insights

In terms of technology, the esoteric testing in healthcare market is based on the technology was segmented into chemiluminescence immunoassay, realtime PCR, flow cytometry, mass spectrometry, enzyme-linked immunosorbent assay and others. In 2017, the chemiluminescence immunoassay segment held the largest share of the market, by technology. However, the real-time PCR is expected to grow at the fastest rate during the coming years owing to the capacity of the PCR to bind with sequence specific probes.

Test-Type-Based Insights

Based on test type, the esoteric testing in healthcare market is based on test type was segmented into infectious diseases testing, oncology testing, genetic testing, neurology testing, endocrinology testing, toxicology testing and others. In 2017, infectious diseases testing segment held the largest share of the market, by test type, and is expected to grow at the fastest rate during the coming years owing to the increasing number of infectious diseases and related testing in various countries

The prominent/emerging players in the Esoteric Testing market research include:

Quest Diagnostics Incorporated
Laboratory Corporation of America Holdings
Sonic Healthcare
Caris Life Science
ACM Global Laboratories
Foundation Medicine
Miraca Holdings Inc.
Agendia, Primary Health Care Limited
Rennova

The Esoteric Testing market company profiles are individually represented for all major participants and indices such as financial performance, strategic initiatives, product portfolio & company overview.

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Company overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title "financial performance" (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (sbus) and others.

Product benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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The Esoteric Testing market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.

                                                                                                      

                                                                                                                

                                                                                                       

                                                                                                                   

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This release was published on openPR.