Cholesterol Testing Market 2028 By Product, Prescription Mode, End User | The Insight Partners

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Cholesterol Testing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product ( Test Kits, Testing Strips ); Prescription Mode ( Prescription Base, Over The Counter ); End User ( Hospitals and Clinics, Ambulatory Centre, Homecare )

Report Code: TIPBT00002216 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming

MARKET OVERVIEW

A complete cholesterol test also called a lipid panel or lipid profile is a blood test that can measure the amount of cholesterol and triglycerides in your blood. A cholesterol test can help determine your risk of the buildup of plaques in your arteries that can lead to narrowed or blocked arteries throughout your body (atherosclerosis).High cholesterol levels usually don't cause any signs or symptoms, so a cholesterol test is an important tool. High cholesterol levels often are a significant risk factor for heart disease. The market is a perfect competition market with the presence of numerous market players and buyers. The market players are competing based on price, product innovation, and quality.

MARKET SCOPE

The "Global Cholesterol Testing Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cholesterol testing market with detailed market segmentation by product, test, prescription mode, end user, and geography. The report provides key statistics on the market status of the leading cholesterol testing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  • Based on product type, the global cholesterol testing market is segmented into test kits and testing strips.
  • Based on prescription mode, the global cholesterol testing market is segmented into prescription based and over the counter.
  • Based on end user, the market is bifurcated into hospitals & clinics, ambulatory centre, homecare and others.

MARKET DYNAMICS

Drivers

  • Rising worldwide incidence of SARS-CoV-2.
  • Active role of government bodies.
  • Growing business operations by emerging and small-sized players.

Restraints

  • Technical and clinical challenges.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cholesterol testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cholesterol testing market in these regions.

IMPACT OF COVID-19 ON CHOLESTEROL TESTING MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 Pandemic has increased the demand cholesterol testing across the globe.

The most common concern for the governments of all Covid-19 hit nations is the excruciating need to screen for and test large numbers of patients for possible Sars-Cov-2 infection. As a result, most of them are facing major shortages in the supply for diagnostic kits to test for the virus. Diagnostics virology entities are under immense pressure to provide reliable testing kits, and there is a surge in demand for in-vitro or point-of-care testing capacities by labs across a large number of countries.

MARKET PLAYERS

The report covers key developments in the cholesterol testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cholesterol testing market are anticipated to lucrative growth opportunities in the future with the rising demand for cholesterol testing in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cholesterol testing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Abbot
  • Danaher
  • AccuTech LLC
  • Eurofins Scientific
  • PTS Diagnostics
  • Randox Laboratories Ltd.
  • Home Access Health
  • Fresenius Medical Care
  • SYNLAB International GmbH
  • Quest Diagnostics Incorporated

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

The List of Companies

1. Abbot
2. Danaher
3. AccuTech LLC
4. Eurofins Scientific
5. PTS Diagnostics
6. Randox Laboratories Ltd.
7. Home Access Health
8. Fresenius Medical Care
9. SYNLAB International GmbH
10. Quest Diagnostics Incorporated

TIPBT00002216
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