Global Cholesterol Testing Market By Indication (Atherosclerosis, Diabetes, Obesity, Others), By Product (Test Strips, Test Kits), By End-Product (Total cholesterol, High-density lipoprotein cholesterol, Low-density lipoprotein cholesterol, Triglycerides), By Test (Lipid Panel Test, Apolipoprotein B Test, Others), By Age (Before Puberty, Puberty, Adulthood), By End-User (Hospitals & Clinics, Homecare, Others), By Region, Forecast & Opportunities, 2025
Global cholesterol testing market is expected to grow at brisk rate during the forecast period owing reasons like surge in risk of cardiovascular diseases & obesity, surge in aging population and rising awareness and adoption of preventive healthcare. Additionally, increase in healthcare expenditure by various governments around the world is also driving the cholesterol testing market. Furthermore, rapid technological advancements in cholesterol testing and growing focus on developing new products are the key factors contributing to the constant growth of technological advancements in cholesterol testing market globally.
A complete cholesterol test is also called a lipid panel or lipid profile. The test can be used to measure the amount of “good” and “bad” cholesterol and triglycerides, a type of fat, in a person’s blood. Too much LDL cholesterol in blood may put the person at risk for heart disease and other serious conditions. High LDL levels can cause the build-up of plaque, a fatty substance that narrows the arteries and blocks blood from flowing normally. Additionally, growing health concerns among the population is creating huge demand for cholesterol testing. Moreover, government is also trying to improve the quality of testing and thus, the cholesterol testing market is anticipated to hold a huge growth potential for the market players in the coming years.
The global cholesterol testing market is segmented based indication, product, end product, test, age, end-user and region. Based on end-user, the market is segment between hospitals & clinics, homecare and others. In 2019, hospitals & clinics segment held the largest market share owing to increasing number of patients performed in hospitals and rising number of hospitals and clinics around the world with advanced laboratory infrastructure.
Major players operating in the global cholesterol testing market include Abaxis, Inc., Abbott Laboratories, Akers Biosciences, Inc., Beckman Coulter, Inc., Bio-Reference Laboratories, Boston Heart Diagnostics Corporation, Cell Biolabs, Inc, Clinical Reference Laboratory, Inc., F. Hoffmann-La Roche Ltd, Prima Lab SA, PTS Diagnostics, Quest Diagnostics, Randox Laboratories, Sekisui Diagnostics, LLC, Siemens Healthineers, Sigma-Aldrich Corporation, Spectra Laboratories, SpectraCell Laboratories, Inc, Thermo Fisher Scientific, Unilabs and others. The market players are focusing on various strategic initiatives like regional expansion, new product development and strategic collaborations and partnerships.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
To analyze and forecast the market size of global cholesterol testing market.
To classify and forecast global cholesterol testing market based on indication, product, end product, test, age, end-user, company and regional distribution.
To identify drivers and challenges for global cholesterol testing market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global cholesterol testing market.
To conduct pricing analysis for global cholesterol testing market.
To identify and analyze the profile of leading players operating in global cholesterol testing market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the presence of all major players across the globe.
TechSci Research calculated the market size of global cholesterol testing market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
Cholesterol testing companies, hospitals/clinics and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to cholesterol testing
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global cholesterol testing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Indication:
Market, By Product:
Market, By End-Product:
High-density lipoprotein (HDL) cholesterol
Low-density lipoprotein (LDL) cholesterol
Market, By Test:
Lipid Panel Test/Complete Lipid Profile
Apolipoprotein B Test
Apolipoprotein A-1 Test
Apoe Genotyping Test
Market, By Age:
Market, By End-User:
Hospitals & Clinics
Market, By Region:
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global cholesterol testing market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.
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