Cholesterol Testing Products And Services Market Challenge, Risk and Forecast 2019 - 2026
The global cholesterol testing products and services market size is expected to reach USD 26.8 billion by 2026, expanding at a CAGR of 7.9% during the forecast period, according to a new report by Radiant Insights, Inc Insufficient physical activity leads to high cholesterol levels and other conditions, such as obesity, diabetes, and cardiovascular diseases. This factor is anticipated to drive the demand for cholesterol testing products and services in near future.
There is an increased need to control high blood cholesterol levels, in addition to other risk factors such as smoking, high blood pressure, and obesity. This has led to high adoption of diagnostic tools and services. According to the Journal of the American Medical Association (JAMA), while the cholesterol levels in the U.S. youth have improved from 1999 to 2016, only 50% of adolescents and children have the ideal cholesterol range and 25% of them are in the clinically high range.
Request a Sample Copy of This Report: https://www.radiantinsights.com/research/cholesterol-testing-products-and-services-market/request-sample
According to the Journal of the American College of Cardiology, in 2018, 31 million of the U.S. adults had high total cholesterol and around one-third of them had high levels of Low-Density Lipoprotein (LDL). Growing number of people being overweight in U.S. is another factor driving the demand for cholesterol testing products and services. Increasing geriatric population is one of the significant factors driving the market growth. This group of population is prone to various cardiovascular diseases such as stroke and heart attack. Thus, increasing cholesterol level is a substantial risk factor for the aging population, which is expected to drive the product demand.
Further key findings from the study suggest:
• On the basis of type of customers, diagnostic center held the largest market share in 2018 owing to growing awareness regarding regular health checkups for maintaining cholesterol levels
• Government agencies help in terms of favorable insurance policies and also focus on preventive healthcare, to encourage cholesterol testing services facilitating market growth
• Physicians/providers and hospitals segment is anticipated to register significant growth over the forecast period owing to a rise in preference due to the prevalence of cardiovascular diseases
• North America held the largest revenue share in 2018 owing to the rise in obesity and heart diseases coupled with favorable insurance policies
• Asia Pacific is anticipated to witness the fastest CAGR over the forecast period due to high population base and rising number of diagnostic centers
• Some of the key manufacturers operating in the cholesterol testing products and services market include Quest Diagnostics Incorporated; Cell Biolabs, Inc.; Randox Laboratories Ltd.; Eurofins Scientific; and Synlab International GmbH
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/cholesterol-testing-products-and-services-market
Table of Contents
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased database
1.3.2 GVR's internal database
1.3.3 Secondary sources & third party perspectives
1.3.4 Primary research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market formulation & data visualization
1.6 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent market outlook
3.1.2 Related/ancillary market outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Regulatory Framework
3.3.1 Reimbursement framework
3.3.2 Standards & Compliances
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.2 Market Restraint Analysis
3.4.3 Industry Opportunity
3.4.4 Industry Challenges
3.5 Cholesterol Testing Products & Services Market Analysis Tools
Continued ………
Browse More Related Reports of Healthcae Industry: https://www.radiantinsights.com/catalog/healthcare
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
There is an increased need to control high blood cholesterol levels, in addition to other risk factors such as smoking, high blood pressure, and obesity. This has led to high adoption of diagnostic tools and services. According to the Journal of the American Medical Association (JAMA), while the cholesterol levels in the U.S. youth have improved from 1999 to 2016, only 50% of adolescents and children have the ideal cholesterol range and 25% of them are in the clinically high range.
Request a Sample Copy of This Report: https://www.radiantinsights.com/research/cholesterol-testing-products-and-services-market/request-sample
According to the Journal of the American College of Cardiology, in 2018, 31 million of the U.S. adults had high total cholesterol and around one-third of them had high levels of Low-Density Lipoprotein (LDL). Growing number of people being overweight in U.S. is another factor driving the demand for cholesterol testing products and services. Increasing geriatric population is one of the significant factors driving the market growth. This group of population is prone to various cardiovascular diseases such as stroke and heart attack. Thus, increasing cholesterol level is a substantial risk factor for the aging population, which is expected to drive the product demand.
Further key findings from the study suggest:
• On the basis of type of customers, diagnostic center held the largest market share in 2018 owing to growing awareness regarding regular health checkups for maintaining cholesterol levels
• Government agencies help in terms of favorable insurance policies and also focus on preventive healthcare, to encourage cholesterol testing services facilitating market growth
• Physicians/providers and hospitals segment is anticipated to register significant growth over the forecast period owing to a rise in preference due to the prevalence of cardiovascular diseases
• North America held the largest revenue share in 2018 owing to the rise in obesity and heart diseases coupled with favorable insurance policies
• Asia Pacific is anticipated to witness the fastest CAGR over the forecast period due to high population base and rising number of diagnostic centers
• Some of the key manufacturers operating in the cholesterol testing products and services market include Quest Diagnostics Incorporated; Cell Biolabs, Inc.; Randox Laboratories Ltd.; Eurofins Scientific; and Synlab International GmbH
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/cholesterol-testing-products-and-services-market
Table of Contents
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased database
1.3.2 GVR's internal database
1.3.3 Secondary sources & third party perspectives
1.3.4 Primary research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market formulation & data visualization
1.6 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent market outlook
3.1.2 Related/ancillary market outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Regulatory Framework
3.3.1 Reimbursement framework
3.3.2 Standards & Compliances
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.2 Market Restraint Analysis
3.4.3 Industry Opportunity
3.4.4 Industry Challenges
3.5 Cholesterol Testing Products & Services Market Analysis Tools
Continued ………
Browse More Related Reports of Healthcae Industry: https://www.radiantinsights.com/catalog/healthcare
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
Comments
Post a Comment