Cholesterol Testing Services Market Size - By Test Type (Total Cholesterol, HDL, LDL, Triglyceride), Product Type (Testing Kits, Strips), Application (Cardiovascular Disease, Diabetes, Obesity), Age Group, Service Provider & Global Forecast, 2024 – 2032
Report ID: GMI9548
|
Published Date: May 2024
|
Report Format: PDF
Download free sample
Get a free sample of Cholesterol Testing Services Market
Get a free sample of Cholesterol Testing Services Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Buy Now
Immediate Delivery
$4,123 $4,850
15% off
$4,280 $5,350
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2023
Companies covered: 15
Tables & Figures: 280
Countries covered: 23
Pages: 185
Download Free Sample
Cholesterol Testing Services Market Size
Cholesterol Testing Services Market was valued at around USD 20.5 billion in 2023 and is estimated to grow at 8.1% CAGR from 2024 to 2032. Cholesterol testing services refer to diagnostic procedures and laboratory testing offered by healthcare providers or clinical laboratories to measure levels of cholesterol in a patient's blood. Cholesterol testing is an essential component of cardiovascular risk assessment and disease prevention. The procedure typically involves collecting a blood sample from the patient, which is then analyzed to determine the levels of various types of cholesterol, including low-density lipoprotein (LDL) cholesterol, high-density lipoprotein (HDL) cholesterol, and triglycerides.
Moreover, increasing use of cardiac arrhythmia monitoring devices, rising adoption of cardiology information system (market size is estimated to account for USD 2.4 billion by the end of year 2032), growing awareness about prediabetes, rising healthcare expenditure globally, government initiatives and funding, and increasing education & awareness, are the stimulating factors fostering the growth of the market.
Cholesterol Testing Services Market Trends
The rising prevalence of cardiovascular diseases is a significant driver for cholesterol testing services industry. Risk factors for cardiovascular disease (CVD), including pulmonary arterial hypertension, hypercholesterolemia, diabetes, and smoking, are becoming increasingly prevalent worldwide.
Cholesterol Testing Services Market Analysis
Based on test type, the market is segmented into total cholesterol tests, high density lipoprotein (HDL) cholesterol tests, low density lipoprotein (LDL) cholesterol tests, triglyceride tests, and other tests. The total cholesterol tests segment is exceeded USD 14.4 billion by 2032.
Based on product type, the cholesterol testing services market is divided into testing kits, testing strips, and other product types. The testing kits segment was valued at USD 9.2 billion in 2023.
Based on application, the cholesterol testing services market is divided into cardiovascular diseases, diabetes, obesity, hyperlipidemia, and other applications. Cardiovascular diseases segment accounted for a market share of 33.4% in 2023.
Based on age group, the cholesterol testing services market is segmented into geriatric, adult, and pediatric. The geriatric segment held a market size of USD 9.6 in the year 2023.
Based on service provider, the cholesterol testing services market is segmented into hospitals and clinics, diagnostic laboratories, ambulatory care centers, and other service providers. The hospitals and clinics segment is expected to reach USD 15.9 by 2032.
The U.S. cholesterol testing services market is anticipated to grow at CAGR of 7.8% during 2024 to 2032.
Germany cholesterol testing services market is anticipated to witness lucrative growth between 2024 – 2032.
Japan cholesterol testing services market is expected to grow significantly over the years.
UAE cholesterol testing services market is anticipated to witness lucrative growth between 2024 – 2032.
Cholesterol Testing Services Market Share
The cholesterol testing services industry is highly competitive, marked by several players striving for market dominance. Providers offer comprehensive testing services with improved efficiency and affordability. This includes advancements in reading, materials used, data reporting, sensor design, and customization. Competition is driven by factors such as the quality, reliability, performance, cost, and compliance with regulatory standards. Strategic partnerships with companies and healthcare networks play a crucial role in market positioning.
Cholesterol Testing Services Market Companies
Some of the eminent market participants operating in the cholesterol testing services industry include:
Cholesterol Testing Services Industry News
This cholesterol testing services market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
Click here to Buy Section of this Report
Market, By Test Type
Market, By Product Type
Market, By Application
Market, By Age Group
Market, By Service Provider
The above information is provided for the following regions and countries: