PharmiWeb.com - Global Pharma News & Resources
04-Feb-2021

Cholesterol Testing Services Market By Revenue, Growth, Applicability, Treatments, Position Competitive Landscape, Opportunity Assessment In Global Market At 7.8% CAGR To 2025

Global Cholesterol Testing Services Market

Cholesterol is an organic molecule found in the cells of the body. It is the precursor to vitamin D and certain hormones. Increase in cholesterol levels in the blood could lead to the formation of plaque (atherosclerosis). High cholesterol shows no prior signs. Therefore, blood test is the only way to detect high cholesterol levels. Cholesterol testing, also known as lipoprotein profiling or lipoprotein analysis, aids in measuring cholesterol and triglyceride levels in the blood. Blood cholesterol testing helps reduce the risk of stroke, heart attack, and peripheral artery diseases.

To get a holistic SAMPLE of the report including table of contents: https://www.coherentmarketinsights.com/insight/request-sample/1376

Increasing prevalence of high cholesterol among the global population to fuel global market growth

The global cholesterol testing services market was valued at US$ 11.5 billion in 2016 and is expected to witness a CAGR of 7.8% over the forecast period (2017–2025).

Figure 1. Global Cholesterol Testing Services Market Share (%), By Region, 2017 & 2025

Source: Coherent Market Insights Analysis (2017)

According to a study published by the Center for Disease Control and Prevention in 2012, about 95 million adults in the U.S., aged 20 years and above, had cholesterol levels greater than 200 mg/dL, and nearly 29 million adults were found with cholesterol levels higher than 240 mg/dL. Increasing prevalence of high cholesterol among the populace is expected to increase the demand for its diagnosis and testing services, which conversely, would create a conducive environment for the growth of the global cholesterol testing services market.

Tailored Information as per niche requirement:
LIMITED TIME OFFER – Hurry Up!

Get Discount For Buyers UPTO 30% OFF On Any Research Report
Apply Promo Code “CMIFIRST1000” And Get Instant Discount Of USD 1000
Buy Now This Premium Report to Grow your Business @ https://www.coherentmarketinsights.com/insight/buy-now/1376

Growing obese and geriatric population projected to fuel market growth

Obese and geriatric population is at high risk of elevated cholesterol levels, as the concentration of cholesterol in plasma increase with age, which is expected to fuel growth of the cholesterol testing services market. According to a study published by the National Center for Biotechnology Information (NCBI) in 2013, the cholesterol level increases in men from puberty to 45-55 years. Moreover. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) 2016, Asia Pacific region constitutes around 60% of the world’s geriatric population. It is estimated that in 2016, around 547 million people were aged above 60 years in the Asia Pacific region and this number is expected to double and reach around 1.3 billion by 2050.

Moreover, increasing consumption of alcohol and factors such as physical inactivity, could lead to a risk of high cholesterol levels. Furthermore, increasing acts of smoking could lead to high cholesterol levels, which is expected to increase demand for its diagnosis and drive the cholesterol testing services market growth. For instance, according to a study published by World Health Organization, in 2015, over 1.1 billion people around the globe smoked tobacco. In addition, the presence of low diagnostic laboratories and skilled professionals, especially in rural areas of the emerging economies of India, China, and Brazil, is a significant factor restraining the growth of the global cholesterol testing services market.

Global Cholesterol Testing Services Market – Competitive Scenario

The key players operating in the global cholesterol testing services market include Quest Diagnostics Incorporated, Spectra Laboratories Inc., Bio-Reference Laboratories Inc., Eurofins Scientific (Luxembourg), Clinical Reference Laboratory, Inc. (CRL), ACM Medical Laboratory, Adicon Clinical Laboratory, Unilabs, SYNLAB International GmbH, and Laboratory Corporation of America Holdings (LabCorp).

View Press Release For More Information @ https://www.coherentmarketinsights.com/press-release/cholesterol-testing-services-market-to-surpass-us-226-bn-threshold-by-2025-697

Detailed Segmentation:

  • Global Cholesterol Testing Services Market, By Age Group :
    • Geriatric
    • Adults
    • Pediatric
  • Global Cholesterol Testing Services Market, By Service Provider:
    • Hospital
    • Diagnostic Laboratories
    • Ambulatory Care Centers
    • Others
  • Global Cholesterol Testing Services Market, By Geography:
    • North America
      • By Age Group :
        • Geriatric
        • Adults
        • Pediatric
      • By Service Provider:
        • Hospital
        • Diagnostic Laboratories
        • Ambulatory Care Centers
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Age Group :
      • By Service Provider:
      • By Country:
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Age Group :
      • By Service Provider:
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Age Group :
      • By Service Provider:
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Age Group :
      • By Service Provider:
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Age Group :
      • By Service Provider:
      • By Country:
        • Central Africa
        • South Africa
        • North Africa
About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

This content has been distributed via CDN Newswire press release distribution service. For press release enquires please mail us at contact@cdnnewswire.com.

Editor Details

  • Company:
    • CDN Newswire
Last Updated: 04-Feb-2021