Liver Disease Diagnostics Market
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Liver Disease Diagnostics Market size was valued at around USD 39.5 billion in 2023 and is estimated to grow at 7.3% CAGR from 2024 to 2032. The increasing prevalence of liver diseases, growing awareness regarding liver related complications and the importance of early diagnosis, rising geriatric population, and continuous advancements in diagnostic technologies.
Moreover, the high prevalence of liver diseases, such as non-alcoholic fatty liver disease (NAFLD), viral hepatitis, and liver cirrhosis, is a major concern for people with sedentary lifestyles and weak immunity. Obesity, viral infections, alcohol and drug consumption, among other factors are contributing to the rising burden of liver disorders in the world. For instance, as per the article published by Clinical and Molecular Hepatology, NAFLD affects around 32% of individuals worldwide, with a greater incidence among males (40%) than females (26%).
Liver disease diagnostics refer to the various methods and procedures employed to identify, assess, and monitor diseases or conditions affecting the liver. The liver is a vital organ responsible for numerous functions, including detoxification, metabolism, and the production of proteins necessary for blood clotting. Liver diseases encompass a wide range of conditions, such as hepatitis, cirrhosis, fatty liver disease, and liver cancer.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Liver Disease Diagnostics Market size in 2023: | USD 39.5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 7.3 |
2023 Value Projection: | USD 74.6 Billion |
Historical Data for: | 2018 - 2023 |
No of Pages: | 110 |
Tables, Charts & Figures: | 214 |
Segments Covered: | Disease Type, Technique, End-use, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Numerous factors are influencing the dynamics and expansion of the industry. These trends reflect the surging demand for integration of artificial intelligence (AI) in healthcare and machine learning in liver disease, rising focus on viral hepatitis testing, and growing need for point-of-care testing, among other factors.
The market by disease type is segmented into hepatitis, cirrhosis, liver cancer, non-alcoholic fatty liver disease (NAFLD), and other disease types. The hepatitis segment accounted for majority revenue share and was valued at around USD 13.1 billion revenue in 2023.
Based on technique, the liver disease diagnostics market is categorized into imaging, liver biopsy, endoscopy, and laboratory tests. The laboratory tests segment dominated the market and accounted for over 38.1% market share in 2023.
The liver disease diagnostics market by end-use is categorized into hospitals, laboratories, and other end-users. The hospitals segment accounted for over USD 20.8 billion revenue in 2023.
North America liver disease diagnostics market accounted for USD 16.2 billion revenue in 2023 and is estimated to witness substantial market expansion over the analysis timeline.
The liver disease diagnostics industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced diagnostic kits based on different technologies is among a key market strategy. Some of the leading industry players including Abbott Laboratories, BioMerieux SA, Bio-Rad Laboratories Inc., Siemens Healthcare GmbH, F. Hoffmann-La Roche Ltd., among others have a notable presence in the market.
Some of the eminent market participants operating in the liver disease diagnostics industry include:
By Disease Type
By Technique
By End-use
The above information is provided for the following regions and countries:
Abbott Laboratories, BioMerieux SA, Bio-Rad Laboratories Inc., Cosara Diagnostics Pvt Ltd., F. Hoffmann-La Roche Ltd., HORIBA Medical, Laboratory Corporation of America Holdings, Meril Life Sciences Pvt. Ltd., Qiagen N.V., Siemens Healthcare GmbH, and Thermo Fisher Scientific Inc.
North America market accounted for USD 16.2 billion in 2023 and is estimated to witness substantial market growth over 2024 and 2032 due to the obesity pandemic prevalent in the region.
The laboratory tests segment of market accounted for over 38.1% share in 2023 and is anticipated to witness notable growth through 2032 as these tests are commonly prescribed in various clinical settings to screen for liver diseases.
Global market for liver disease diagnostics was valued at around USD 39.5 billion in 2023 and is estimated to reach over USD 74.6 billion by 2032 owing to the increasing prevalence of liver diseases, growing awareness regarding liver related complications and the importance of early diagnosis.