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The Business Research Company recently released a comprehensive report on the Global Cellular Health Screening Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, 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 Drivers and Trends:

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.

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.

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Major Key Players of the Market:

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

Cellular Health Screening Market 2024 Key Insights:

• The cellular health screening market size will grow to $5.04 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%.
• The Surge Of Chronic Diseases Fuels Cellular Health Screening Market
• Revolutionizing Lung Cancer Screening By Introducing Convenient Blood Test Solutions
• North America was the largest region in the cellular health screening market in 2023

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