Press release
Cellular Health Screening Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | Bio-Reference Laboratories Inc., Laboratory Corporation, Quest Diagnostics Incorporated, Cell Science Systems
"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Cellular Health Screening Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The cellular health screening market size has grown rapidly in recent years. It will grow from $3.01 billion in 2023 to $3.37 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to increasing health consciousness, aging population, preventive healthcare trends, rising chronic diseases, advancements in biomarker research.
The cellular health screening market size is expected to see rapid growth in the next few years. It will grow to $5.04 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to personalized medicine emphasis, corporate wellness programs, government initiatives for preventive healthcare, rising lifestyle-related health issues. Major trends in the forecast period include ai and machine learning applications, increasing consumer awareness, integration with wearable devices, collaborations for research and development, regulatory support and standardization.
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Market Segmentation:
The cellular health screening market covered in this report is segmented -
1) By Test Type: Single Test Panels, Telomere Tests, Oxidative Stress Tests, Inflammation Tests, Heavy Metals Tests, Multi-test Panels
2) By Sample Type: Blood, Saliva, Serum, Urine
3) By Collection Site: Home, Office, Hospital, Diagnostic Labs
Major Driver - The Surge Of Chronic Diseases Fuels Cellular Health Screening Market
The rise in chronic diseases is expected to propel the growth of the cellular health screening market going forward. Chronic diseases are medical problems that last for a long time and necessitate continuing management and care. Cellular health screening can help prevent disease or reduce the severity of illness by detecting people who have chronic diseases due to factors such as genetic predisposition, lifestyle choices, environmental conditions, and underlying health issues. For instance, in October 2022, according to the Centers for Disease Control and Prevention, a US-based intergovernmental organization, the most common type of heart disease was coronary heart disease, which affected around 20.1 million people aged 20 and older. Every 40 seconds, someone suffers from a heart attack, and nearly 805,000 people in the United States experience a heart attack each year. Furthermore, in January 2023, according to the National Library of Medicine, a US-based biomedical library operated by the federal government, the number of people in the USA aged 50 and older who have at least one chronic condition is predicted to rise by 99.5%, from 71.522 million in 2020 to 142.66 million in 2050. Therefore, the rise in chronic diseases is driving the growth of the cellular health screening market.
Competitive Landscape:
Major companies operating in the cellular health screening market report are Bio-Reference Laboratories Inc., Laboratory Corporation, Quest Diagnostics Incorporated, Cell Science Systems, Genova Diagnostics, Immundiagnostik AG, Life Length, Repeat Diagnostics Inc., Segterra Inc., SpectraCell Laboratories Inc., Telomere Diagnostics Inc., Zimetry LLC, Cleveland HeartLab Inc., Agilent Technologies Inc., DNA Labs India, Bloom Diagnostics GmbH, True Health Diagnostics LLC, Vibrant America LLC, CellMax Life, BioAge Labs Inc., InsideTracker Inc., BioMark Laboratories, BioTelemetry Inc., Biophysical Corporation, Boston Heart Diagnostics Corporation, Cenegenics LLC, Cyrex Laboratories LLC, Diagnostic Solutions Laboratory, Epigenomics AG, Genalyte Inc., Genomind Inc., Health Diagnostic Laboratory Inc., InCellDx Inc., Interleukin Genetics Inc., MDxHealth SA, Myriad Genetics Inc., Natera Inc., Pathway Genomics Corporation
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Top Trend - Revolutionizing Lung Cancer Screening By Introducing Convenient Blood Test Solutions
Major companies operating in the cellular health screening market focused on developing innovative solutions such as lung cancer screening through a routine blood test. Lung cancer screening refers to the use of specific medical tests and procedures to detect lung cancer in individuals who may not be experiencing symptoms but are at a higher risk of developing the disease. For instance, in October 2023, DELFI Diagnostics, Inc., a US-based company developing next-generation blood-based tests announced the launch of the 'FirstLook Lung'. FirstLook is a blood test providing a convenient, precise, and personalized outcome by assessing the probability of detecting lung cancer using low-dose CT (LDCT), achieving a negative predictive value (NPV) of 99.7 percent. It delivers precise outcomes and provides clear data, aiding both patients and healthcare providers in identifying the optimal course of action for the subsequent stages of the screening process.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cellular Health Screening Market Characteristics
3. Cellular Health Screening Market Trends And Strategies
4. Cellular Health Screening Market - Macro Economic Scenario
5. Cellular Health Screening Market Size And Growth
…..
27. Cellular Health Screening Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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