Global Cholesterol Screening/ Cholesterol Lab Testing Services Market
17 Jul 2021
Healthcare & Pharmaceuticals
Impact Analysis on the Growth of Market
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The Research Report is Updated with 2020 Base Year, 2021 Estimated year and Forecast till 2030 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2020 as base year, 2021 as estimated year and forecast to 2030. This will have market drivers, recovery rate in the market, insights and competitive analysis.
The global Cholesterol Screening/ Cholesterol Lab Testing ServicesMarketwas valued at USD 11.83 billion in 2016 and is projected to reach USD 23.26 billion by 2025, growing at a CAGR of 7.8% from 2017 to 2025.
A complete cholesterol test measures four types of lipids, or fats, in your blood: Total cholesterol is the total amount of cholesterol in your blood. Low-density lipoprotein (LDL) cholesterol is referred to as bad cholesterol. High amount of bad cholesterol raises risk of heart attack, stroke, and atherosclerosis.
1. Market Drivers
1.1 Increasing Incidence of Cardiovascular Diseases (CVDS) and Obesity
1.2 Physician’s Preference for Lab Testing Over Self-Testing
1.3 Growing Awareness and Adoption of Preventive Healthcare
1.4 Government Initiatives to Improve Quality of Testing
1.5 Increasing geriatric population
2. Market Restraints
2.1 Rapidly Growing Cholesterol Home/Self-Testing Market
2.2 Emergence of Noninvasive Cholesterol Testing Methods
1. Global Cholesterol Screening/ Cholesterol Lab Testing ServicesMarket, by Type of Customer:
1.1 Physicians/Providers and Hospitals
1.2 Employers, Health Plans, and Managed Care Organizations (MCOS)
1.3 Government Agencies, Accountable Care Organizations, and Integrated Delivery Networks (IDNS)
2. Global Cholesterol Screening/ Cholesterol Lab Testing Services Market, by Region:
2.1 North America (U.S., Canada, Mexico)
2.2 Europe (Germany, UK, France, Rest of Europe)
2.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
2.4 Latin America (Brazil, Argentina, Rest of Latin America)
2.5 Middle East & Africa
The major players in the market are as follows:
1. Laboratory Corporation of America Holdings (LabCorp)
2. Quest Diagnostics Incorporated
3. Eurofins Scientific
4. Spectra Laboratories, Inc.
6. Synlab International GmbH
7. Bio-Reference Laboratories, Inc.
8. Clinical Reference Laboratory, Inc.
9. ACM Medical Laboratory)
10. Adicon Clinical Laboratory
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Cholesterol Screening/ Cholesterol Lab Testing ServicesMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook