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Cholesterol Test Market Size, Share Analysis, Trends And Forecast 2023-2032
Cholesterol Test Market Report
The Business Research Company's Cholesterol Test Global Market Report 2023 identifies rise in the prevalence of cardiovascular diseases as the major driver for the cholesterol test market's growth in the forecast period. Cardiovascular diseases (CVDs) are a category of heart and blood vessel disorders, including coronary heart disease, stroke, peripheral arterial disease, aortic disease, and other conditions. A cholesterol test provides individuals and doctors with vital information about the chance of developing heart disease.
The global cholesterol test market size is expected to grow from $7.55 billion in 2022 to $8.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of cholesterol test market is expected to reach $11.57 billion in 2027 at a CAGR of 8.6%.
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Major competitors in the cholesterol test market are CVS Health Corporation, F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Siemens Healthineers GmbH.
A key trend in the cholesterol test market includes technological advancement. Major companies and research institutes focus on developing innovative solutions for cheaper, more efficient, and advanced cholesterol testing. For instance, in November 2022, Ural Federal University (UrFU), a Russian-based education and research institute, introduced a microfluidic chip, a sensor device for measuring blood cholesterol levels, where all system elements are integrated, is printed on a 3D printer.
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The cholesterol test market is segmented -
•By Product Type: Test Kits, Test Strips, Other Product Types
•By Test Type: Total Cholesterol Test, High-Density Lipoprotein (HDL) Cholesterol, Low-Density Lipoprotein (LDL) Cholesterol, Triglycerides or Very Low-Density Lipoprotein (VLDL) Cholesterol Test
•By Distribution Channel: Over the Counter, Prescription Based
•By End User: Hospitals, Diagnostic Centers, Other End-Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the cholesterol test market.
The Business Research Company's "Global Cholesterol Test Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cholesterol Test Market Include:
1. Executive Summary
2. Cholesterol Test Market Characteristics
3. Cholesterol Test Market Trends And Strategies
4. Cholesterol Test Market - Macro Economic Scenario
5. Global Cholesterol Test Historic Market Size and Growth
……
32. Global Cholesterol Test Market Competitive Benchmarking
33. Global Cholesterol Test Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cholesterol Test Market
35. Cholesterol Test Market Future Outlook and Potential Analysis
36. Appendix
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