Global Cholesterol Testing Products Market Size study, by Product Type (Test Kits, Test Strips, Chemical Analyzers), by Test Type (Total Cholesterol Test, HDL Cholesterol Test, LDL Cholesterol Test, Triglycerides/VLDL Cholesterol Test), by End-user (Hospitals & Clinics, Diagnostic Centers, Others) and Regional Forecasts 2022-2032
The Global Cholesterol Testing Products Market was valued at approximately USD 21.8 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2024-2032. The increase in the number of individuals affected by obesity and cardiovascular diseases is a significant factor augmenting the cholesterol testing products market development. Cholesterol monitoring devices provide information regarding the presence of bad cholesterol in the body, thereby alerting individuals to take measures to reduce the prevalence of cardiovascular diseases (CVDs). Obese individuals are particularly recommended to use cholesterol testing kits as they are at higher risk of contracting CVDs.
Companies operating in the cholesterol testing products market are collaborating with cardiac healthcare institutes to create awareness regarding the importance of regular cholesterol testing with the objective of making cholesterol testing kits accessible to a broader population base. A cholesterol testing product measures levels of cholesterol and various other fats in the blood. Those with a family history of high cholesterol or other risk factors may need testing more often. While a specific level of cholesterol is necessary for the body to build every cell’s outer membrane, excessive amounts can build up in blood vessels, raising the risk of stroke, heart disease, and atherosclerosis. owever, the majority of readily available and cost-effective tests measure only total cholesterol, whereas a complete understanding of the cholesterol profile requires measurements of HDL, LDL, and triglycerides.
The key regions considered in the study include Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. The North American region is the leading region in the cholesterol testing products market. This leadership is attributed to several factors, including the high prevalence of cardiovascular diseases and hypercholesterolemia, which drive the demand for regular cholesterol monitoring. The presence of advanced healthcare infrastructure, coupled with widespread awareness about the importance of early diagnosis and management of cholesterol levels, further supports market growth. Additionally, the increasing adoption of innovative testing technologies and home testing kits contributes to the market's expansion. Moreover, Asia Pacific is projected to grow at a fastest rate owing to rising government initiatives and programs aimed at reducing the incidence of heart disease through regular health check-ups and screenings also play a crucial role in propelling the cholesterol testing products market in region.
Major market players included in this report are:Athenese-Dx Private Limited
Ngaio Diagnostics
Abbott Laboratories
Thermo Fisher Scientific
Biogenix Inc. Pvt. Ltd.
CLIAwaived Inc
F. Hoffmann-La Roche Ltd.
PerkinElmer, Inc.
Randox
Abcam Limited
Diazyme Laboratories, Inc.
Nova Biomedical
Samsung Health
Merck & Co., Inc.
Eurofins Scientific
The detailed segments and sub-segment of the market are explained below:By Product Type:
Test Kits
Test Strips
Chemical Analyzers
By Test Type:
Total Cholesterol Test
High-Density Lipoprotein (HDL) Cholesterol Test
Low-Density Lipoprotein (LDL) Cholesterol Test
Triglycerides/Very-Low-Density Lipoprotein (VLDL) Cholesterol Test
By End-user:
Hospitals & Clinics
Diagnostic Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa
Years considered for the study are as follows:Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
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