Global Esoteric Testing Market 2023-2027
The esoteric testing market is forecasted to grow by USD 18,872.17 mn during 2022-2027, accelerating at a CAGR of 11.51% during the forecast period. The report on the esoteric testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of chronic diseases, increase in new product launches, and increase in merger and acquisition activities.
Technavio's esoteric testing market is segmented as below:
By Type
- Infectious disease
- Endocrinology
- Oncology
- Immunology
- Others
By End-user
- Hospital laboratories
- Clinical research laboratories and medical institutes
- Reference laboratories
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the growing emphasis on expansions of esoteric testing facility as one of the prime reasons driving the esoteric testing market growth during the next few years. Also, increase in research and development activities and advent of automation and laboratory robotics will lead to sizable demand in the market.
The report on the esoteric testing market covers the following areas:
- Esoteric testing market sizing
- Esoteric testing market forecast
- Esoteric testing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading esoteric testing market vendors that include ATS GENETECH PVT. LTD., Bio Rad Laboratories Inc., Creative Biogene, Cytek Biosciences Inc., EMSL Analytical Inc., Enzo Biochem Inc., Intertek Group Plc, IQVIA Holdings Inc., Kindstar Globalgene Technology Inc., Laboratory Corp. of America Holdings, Machaon Diagnostics Inc., MedGenome Labs Ltd., Merck KGaA, Microbac Laboratories Inc., Miltenyi Biotec B.V. and Co. KG, Oncquest Laboratories Ltd., Rochester Regional Health, Sonic Healthcare Ltd., The University of Utah, and Yoda Diagnostics. Also, the esoteric testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.