Press release
Cholesterol Testing Products and Services Market to Reach USD 48.96 Billion by 2034 | CAGR: 8.3%
Cholesterol Testing Products and Services Market
Report Scope:
This comprehensive study provides an accurate overview of the worldwide cholesterol testing products and services industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product, test, age group, application, service provider, and region in the study, which offers a comprehensive picture of the state of the market.
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Market Definition:
An entire cholesterol test estimates the level of lipids or fat in the blood. HDL cholesterol is indicated to as good cholesterol as it assists in separating LDL cholesterol from the blood. LDL cholesterol is indicated to as bad cholesterol. In its excess form, it can cause cholesterol to enlarge on the walls of the arteries. This escalates the probability of heart attack, stroke, and atherosclerosis.
Drivers and Trends:
• Technological progressions in cholesterol testing enhance the testing preciseness, momentum, and ease. Inventions such as point-of-care testing gadgets, home test kits, the AI AI-fuelled diagnostic instruments have rendered cholesterol testing more attainable and adaptable.
• Encouraging administrative ambiances and compensation policies push the market ahead. Directives such as the US Affordable Care Act (ACA) and the UK National Health Service (NHS) are diligently encouraging prohibitive healthcare to motivate structured cholesterol screening as a usual practice.
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Top Companies:
The aggressive topography of the market is portrayed by an assortment of global and regional contenders struggling for market share through invention and tactical alliances. Here are the top companies in the cholesterol testing products and services market:
• BioReference Health, LLC
• Cell Biolabs, Inc.
• Clinical Reference Laboratory, Inc.
• Elabscience Bionovation Inc.
• Eurofins Scientific
• Laboratory Corporation of America Holdings
• Novartis AG
• Quest Diagnostics Incorporated
• Randox Laboratories Ltd.
Cholesterol Testing Products and Services Market Report Highlights
• In terms of product, the testing kits segment led the cholesterol testing products and services market revenue share in 2024 due to their broad accessibility, user-friendly design, and convenience for at-home testing.
• The low density lipoprotein (LDL) cholesterol tests segment is projected to experience the highest CAGR during the forecast period, driven by the increasing prevalence of cardiovascular diseases and the crucial role of LDL cholesterol in evaluating heart disease risk.
• North America is expected to maintain its dominance in the global cholesterol testing products and services market in 2024, supported by high healthcare spending, a well-established healthcare infrastructure, and the widespread adoption of advanced diagnostic technologies.
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Segmental Outlook
By Product Outlook (Revenue, USD Billion, 2020-2034)
• Testing Kits
• Testing Strips
• Others
By Test Outlook (Revenue, USD Billion, 2020-2034)
• Total Cholesterol Tests
• High Density Lipoprotein (HDL) Cholesterol Tests
• Low Density Lipoprotein (LDL) Cholesterol Tests
• Triglyceride Tests
• Others
By Age Group Outlook (Revenue, USD Billion, 2020-2034)
• Geriatric
• Adult
• Pediatric
By Application Outlook (Revenue, USD Billion, 2020-2034)
• Cardiovascular Diseases
• Diabetes
• Obesity
• Hyperlipidemia
• Others
Service Provider Outlook (Revenue, USD Billion, 2020-2034)
• Hospitals and Clinics
• Diagnostic Laboratories
• Ambulatory Care Centers
• Others
Country-Wise Insights
According to regional research, North America dominated the market. The region's growth is aided by notable disbursement in healthcare. Also, Asia Pacific is anticipated to emerge as the fastest-growing region in the cholesterol testing products and services market.
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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