Press release
Lipid Testing Market to Rear Excessive Growth During 2024 - 2031 | Intertek Group Plc., Microbac Laboratories Inc.
Lipid Testing Market
The Global Lipid Testing Market for Food & Beverages is expected to surpass US$ 1,491.54 Mn by the end of 2028, in terms of revenue, exhibiting a CAGR of 4.97 % during the forecast period (2021 to 2028).
Market Dynamics:
According to the Centers for Disease Control and Prevention, about 659,000 American die from heart disease each year; that's 1 in every 4 deaths. Cardiovascular diseases cost the United States about $329 billion each year from 2014 to 2015. Rising prevalence of cardiovascular diseases is expected to drive the growth of lipid testing market. Moreover, increasing adoption of unhealthy lifestyles such as physical inactivity and unhealthy diet has accelerated the risk of dyslipidemia, thus propelling the need for lipid testing.
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Rising Prevalence of Cardiovascular Diseases is Driving the Lipid Testing Market
The increasing prevalence of cardiovascular diseases such as coronary heart disease, heart attack and strokes has led to rise in demand for lipid testing. Cardiovascular diseases have become one of the leading causes of mortality worldwide. According to the World Health Organization, cardiovascular diseases accounted for around 17.9 million deaths in 2019, representing 32% of all global deaths. Lipid abnormalities and cholesterol levels are considered as major risk factors for developing heart diseases. With growing cardiovascular disease burden, more number of people are undergoing lipid profiling tests to assess their risk of developing heart conditions. Various clinical practice guidelines also strongly recommend regular screening of lipid levels in adults to facilitate early diagnosis and treatment of dyslipidemia.
Increasing Focus on Wellness and Preventive Healthcare is Propelling Market Growth
In recent years, there has been rising focus on preventive healthcare and wellness among the population. More individuals are actively taking measures to assess and manage their health risks at an early stage. Since abnormal lipid levels are preventable risk factors for cardiovascular diseases, testing and monitoring of lipid parameters has become an important part of preventive healthcare practices. Various campaigns and programs by governments and healthcare organizations worldwide to raise awareness about importance of healthy lifestyle and risk factor modification are encouraging voluntary screening of general population. This growing focus on wellness and preventive care approach is working in favor of lipid testing market.
Technological Advancements are Reshaping Market Dynamics
Technological breakthroughs are continually broadening lipid testing capabilities. Next generation lab analyzers using novel methodologies like NMR spectroscopy, imaging techniques and mass spectrometry are offering expanded lipid profiling with insights into subclasses and specific biomarkers. Artificial intelligence and predictive analytics are enabling correlation of distinct lipid patterns with disease risk stratification. Digital connectivity in devices is facilitating remote monitoring and management of high-risk patients. Introduction of biosensors, microfluidics, nanotechnology and lab-on-chip platforms are expected to fuel the transition towards miniaturized integrated testing solutions. Such technological upgrading is helping overcome historical limitations and brings value through early detection, customized screening and improved patient outcomes. Technological innovations will continue reshaping the dynamics of lipid testing market in the foreseeable future.
Top Companies Included in This Report:
★ Intertek Group Plc.
★ Microbac Laboratories Inc.
★ Eurofins Scientific SE
★ Campbell Brothers Limited
★ General Mills Inc.
★ TUV Nord Group
★ Bureau Veritas S.A. Ltd.
★ AsureQuality Limited
★ ALS Limited
★ NEOGEN Corporation
★ Mérieux NutriSciences Corporation
★ SGS SA
Market Segmentation:
Based on Product Type:
★ By Technology: Recent, Traditional
Based on Applications:
★ By Application: Food and Beverages, Food Ingredient
Key Regions/Countries Classified as Follows:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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Latest Trends in the Navigation Lipid Testing Market:
Surging Demand: Witness a rising demand for navigation Lipid Testing owing to the escalating usage of GPS-enabled devices and the imperative for precise, up-to-date mapping data.
Innovations in Technology: Witness the emergence of novel technologies aimed at enhancing the precision and dependability of navigation Lipid Testing , encompassing real-time traffic updates, 3D mapping, and augmented reality.
Tailored Solutions for Diverse Industries: Companies are tailoring navigation Lipid Testing solutions to cater to the distinct requirements of various sectors such as automotive, aviation, and maritime.
Fusion with Emerging Technologies: Observe the integration of navigation Lipid Testing with cutting-edge technologies like artificial intelligence and the Internet of Things, facilitating the provision of advanced functionalities.
Rise of Mobile Applications: Experience the proliferation of navigation Lipid Testing in the form of mobile applications, offering enhanced convenience and accessibility to users.
Emphasis on Environmental Sustainability: Witness the development of navigation Lipid Testing systems that consider environmental factors such as traffic congestion and air quality, fostering the provision of sustainable transportation alternatives.
Report Highlights:
Evaluation of Navigation Lipid Testing Market Share at Country and Regional Levels.
Strategic Landscape Analysis, Highlighting Key Trends.
Examination of Navigation Lipid Testing Market Trends, Including Product and Technological Insights, Drivers and Constraints, and PORTER's Five Forces Analysis.
Strategic Recommendations for Key Business Segments Based on Market Assessments.
Guidance Tailored for New Entrants.
Market Forecasts for All Identified Segments, Sub-segments, and Regional Markets in the Navigation Lipid Testing Sector.
Frequently Asked Questions (FAQs) for Global Navigation Lipid Testing Market Research:
What is the duration of this market study?
What are the critical factors that companies should prioritize when entering the Navigation Lipid Testing market?
What is the growth rate of the Navigation Lipid Testing Market?
What is the current size of the Navigation Lipid Testing Market?
Which region demonstrates the highest growth rate in the Navigation Lipid Testing Market?
Which region commands the largest share in the Navigation Lipid Testing Market?
Who are the key players operating in the Navigation Lipid Testing Market?
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