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Cholesterol Testing Services Market Trends

Report ID: GMI9548 Published Date: May 2024Report Format: PDF
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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.  

  • According to the American Heart Association, in 2023, the prevalence of CVD was 607.64 million cases in 2020, an increase of 29.01% compared with 2010. Further, as per the Centers for Disease Control and Prevention, in 2023, coronary heart disease is the most common type of heart disease that killed 375,476 people in 2022.
  • Similarly, as per the American Heart Association (AHA) report, in 2023, valvular heart disease affects about 2.5% of the U.S. population. Further, the prevalence is much higher in older adults, with around 13% of people born before 1943 having valvular heart disease.
  • Further, according to the World Health Organization (WHO), in 2023, cardiovascular diseases (CVDs) are the leading cause of death globally, taking an estimated 17.9 million lives each year.
  • Early detection of risk factors such as dyslipidemia (abnormal cholesterol levels) is crucial for preventing the development and progression of CVD. Cholesterol testing helps identify individuals at risk of cardiovascular events, enabling healthcare providers to initiate preventive measures such as lifestyle modifications, medication therapy, and cardiovascular risk reduction strategies.
Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Mention the key players involved in cholesterol testing services industry?+

Abbott Laboratories, Accu Reference Medical Lab, LLC, Atherotech Diagnostics Lab, Bio-Reference Laboratories, Inc., Boston Heart Diagnostics Corporation, Cell Biolabs Inc., Clinical Reference Laboratory, Inc., Eurofins Scientific, Mayo Clinic Laboratories, and Quest Diagnostics Incorporated

How big is the U.S. cholesterol testing services industry?+

U.S. cholesterol testing services market is anticipated to grow at 7.8% CAGR during 2024 to 2032, attributed to the rising prevalence of cardiovascular diseases.

Why is the demand for total cholesterol testing services growing?+

The total cholesterol tests segment in the total cholesterol testing services market will generate USD 14.4 billion by 2032, driven by the comprehensive measure of the total amount of cholesterol present in the blood.

What is the size of the cholesterol testing services market?+

The market valuation of cholesterol testing services was reached USD 20.5 billion in 2023 and is estimated to grow at 8.1% CAGR from 2024 to 2032, owing to the growing awareness of preventive healthcare.

Cholesterol Testing Services Market Scope

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