LDL Test Market is Expected to Grow at CAGR of 5.5% during 2017 to 2023

LDL Test Market Information: By Types (LDL-C, LDL-P, LDL-B And Others) By Components (Devices, Kits & Reagents And Others) By Application (Atherosclerosis, Obesity, Dyslipidemia, Diabetes, Angina, Stroke, Carotid Artery Disease, Peripheral Arterial Disease, Others) And By End Users- Global Forecast Till 2023
Market Highlights:
LDL is referred as low-density lipoprotein, which is type of cholesterol found in body. Low-density lipoprotein (LDL), often known as bad cholesterol, is a microscopic blob made up of an outer rim of lipoprotein and a cholesterol center. It's bad because it becomes part of plaque, and that can clog arteries and make heart attacks and strokes more likely. The major driving factor for the market are increasing prevalence of obesity, deskbound lifestyle and lack of exercise. According to OMICS International, atherosclerosis account for 32% of total deaths in the world, out of which, 13.8% prevalence is among adults of 20 years and above. The cases of heart failure were estimated about 30% across the globe. Coronary heart disease mortality rate was about 60% in 2010. In addition to this, increasing healthcare expenditure, increasing awareness among the people and government initiatives for research and development have fuelled the market growth. The global LDL test market is projected to grow at a CAGR of ~ 5.5 % during the forecast period 2017-2023.
Key Market Players
Quest Diagnostics Incorporated, Sekisui Diagnostics, Express Biotech International, Randox Laboratories Ltd, Reckon Diagnostics, DiaSys Diagnostics India Private Limited, F. Hoffmann-La Roche Ltd and others.
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Regional Analysis
Geographically, the global LDT test market is segmented into Americas, Europe, Asia Pacific and the Middle East & Africa. The Americas account for a significant market share owing to extensive use of medications, high expenditure on the health care, huge patient population and increasing government support for research & development. Also, major research and manufacturing companies are present in America.
Europe is the second largest market in the world due to high income, government support for research & development and availability of resources.
Asia Pacific region shows the fastest growth owing to the presence of huge population base, and continuous development in the healthcare sector. China and India are likely to lead this market due to fast growing healthcare sector during the forecasted period.
On the other hand, the Middle East & Africa has the least market share due to limited development in the healthcare sector. Middle East holds a major share for the market due to presence of gulf nations such as Saudi Arabia and the UAE. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.
Taste the market data and market information presented through more than 55 market data tables and figures spread over 110 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global LDL test Market” Research Report – Forecast till 2023.
Segmentation
The global LDL test market has been segmented on the basis of types, components, applications and end users.
Based on types, the market has been segmented into LDL-C, LDL-P, LDL-B and others.
Based on components, the market has been segmented into devices, kits & reagents and others. Devices is further sub-segmented into syringes & needles, spectrophotometers and others. And kits & reagents is further sub-segmented into toxicity assays kit, blood chemistry assays kit, cytotoxicity assays kit.
Based on application, the market has been segmented as atherosclerosis, obesity, dyslipidemia, diabetes, angina, stroke, carotid artery disease, peripheral arterial disease, others.
Based on the end users, the market has been segmented as hospitals and clinics, pharmaceutical and biotechnological companies and others.
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Market Synopsis of Global LDL Test Market
Market scenario
LDL is also mentioned as bad cholesterol since high levels of LDL results in cholesterol build-up which may lead to heart attack and strokes. LDL is one of the five major types of lipoproteins and other four are chylomicrons, very low-density lipoprotein (VLDL), intermediate-density lipoprotein (IDL), low-density lipoprotein (LDL) and high-density lipoprotein (HDL). The major role of lipoprotein particles is to transport fats such as triglycerides and cholesterol in the blood between the organs of the body.
According to Centres for Disease Control and Prevention, (2015) 71 million American adults have high low-density lipoprotein (LDL), or bad cholesterol level. Only 2 out of every 3 adults with LDL cholesterol has the condition under control.
The market drivers for LDL market are increasing geriatric population, increasing obese and overweight population. The major market restraints for this test are risks associated with this such as excessive bleeding and infection during multiple puncture wounds, low healthcare expenditure in developing regions which may hamper the market growth.
The global LDL test market is projected to grow at a CAGR of ~ 5.5 % during the forecast period 2017-2023.
Intended Audience
• Global LDL test manufacturers & suppliers
• Research and development (R&D) companies
• Hospitals and clinics
• Academic institutes and universities

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Table of contents
1. Introduction

1.1 Definition

1.2 Scope of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure
2. Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research
3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators
4. Market Factor Analysis

4.1 Porters Five Forces Model

4.2 Bargaining Power of Suppliers

4.3 Bargaining Power of Buyers

4.4 Threat of New Entrants

4.5 Threat of Substitutes

4.6 Intensity of Rivalry
5. Global LDL Test Market, By Types

5.1 Introduction

5.2 LDL-C

5.3 LDL-P

5.4 LDL-B

5.5 Others
6. Global LDL Test Market, By Components

6.1 Introduction

6.2 Devices

6.2.1 Syringes & needles

6.2.2 Spectrophotometers

6.2.3 Others

6.3 Kits & Reagents

6.3.1 Toxicity Assays kit

6.3.2 Blood Chemistry Assays kit

6.3.3 Cytotoxicity Assays kit

6.4 Others
7. Global LDL Test Market, By Application

7.1 Introduction

7.2 Atherosclerosis

7.3 Obesity

7.4 Dyslipidemia

7.5 Diabetes

7.7 Angina

7.8 Stroke

7.9 Carotid Artery Disease

7.10 Peripheral Arterial Disease

7.11 Others

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