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Global Cholesterol Testing Market 2018- Recent Study Including Growth Factors, Applications, Regional Analysis, Key Players and Forecast till 2026

The Global Cholesterol Testing Market is expected to reach USD 2,572.27 million by 2025, from USD 1,408.99 million in 2017 growing at a CAGR of 7.9% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The major factors driving the market are technological advancements in cholesterol testing, growing number of cardiovascular diseases and obesity, higher growing number of geriatric population, rising awareness and acceptance of preventive healthcare, increasing cholesterol home/self-testing market.

Global Cholesterol Testing Market
Global Cholesterol Testing Market

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Key Drivers: Global Cholesterol Testing Market

The major factors driving the market are technological advancements in cholesterol testing, growing number of cardiovascular diseases and obesity, higher growing number of geriatric population, rising awareness and acceptance of preventive healthcare, increasing cholesterol home/self-testing market.

Key Points: Global Cholesterol Testing Market

  • In 2017, the global cholesterol testing market is dominated by F. Hoffmann-La Roche Ltd, followed by Siemens AG and Abbott
  • The test kits segment is dominating the global cholesterol-testing market.
  • The cholesterol testing market is dominating in Asia-Pacific region for the period 2019 to 2026.

Market Segmentation: Global Cholesterol Testing Market

  • The global cholesterol testing market is segmented on the basis of product type, test, test type, prescription mode, and end-users. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
  • The Global cholesterol testing market is segmented based on product type into testing strips and test kits. In 2018, test kits are expected to dominate the global cholesterol-testing market with 58.7% market share and are expected to reach USD 6,119.56 million by 2025, with the highest CAGR of 7.9 % in the forecast period 2018 to 2025.
  • The Global cholesterol testing market is segmented on the basis of test into lipid panel test/complete lipid profile, apolipoprotein b test, apolipoprotein A-1 test, APOE genotyping test, apolipoprotein CII and others. In 2018, lipid panel test/complete lipid profile are expected to dominate the global cholesterol-testing market with 35.3% market share and are expected to reach USD 3,778.31 million by 2025, with the highest CAGR of 8.3% in the forecast period 2018 to 2025.
  • The Global cholesterol testing market is segmented on the basis of test type into non-invasive and invasive. The invasive are expected to reach USD 7,131.55 million by 2025, from USD 4,032.26 million in 2017, growing at a CAGR of 7.5%. However, non-invasive is growing at the highest CAGR of 8.2% and is expected to reach USD 3,159.02 million by 2025.
  • The Global cholesterol testing market is segmented on the basis of prescription mode into over the counter and prescription based. In 2018, prescription-based are expected to dominate the global cholesterol-testing market with 76.9% market share and is expected to reach USD 8,059.07 million by 2025, with the highest CAGR of 8.0% in the forecast period 2018 to 2025.
  • The Global cholesterol testing market is segmented on the basis of prescription mode into end users, clinics, hospitals, ambulatory centers, home care and diagnostic centers. In 2018, hospitals segment is expected to dominate the global cholesterol-testing market with 35.0% market share and is expected to reach USD 4,233.71 million by 2025, with the highest CAGR of 8.5% in the forecast period 2018 to 2025.
  • Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

Reasons to buy this report:

  • To get a comprehensive overview of the Global Cholesterol Testing Market.
  • To gain information about the top players in this industry, their product portfolios, and their key strategies.
  • To gain insights about the major regional insights in which the Global Cholesterol Testing Market is flourishing.
  • Recent industry trends and developments
  • Potential and niche segments/regions exhibiting promising growth

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. 

Contact: Data Bridge Market Research

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