Cholesterol Testing Services Market, By Age Group (Geriatric, Adults, and Pediatric), By Service Provider (Hospitals, Diagnostic Laboratories, Ambulatory Care Centers, and Others) and by Geography - Global Trends and Forecast to 2025

  • Published On : Mar 2018 |
  • Pages : 175 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Cholesterol Testing Services Market - Insights

Cholesterol is an organic molecule, which is found in all the cells of body. Cholesterol is the precursor to vitamin D and certain hormones. Increase in cholesterol levels in the blood could lead to formation of plaque (atherosclerosis). High cholesterol has no symptoms. A blood test is the only way to detect high cholesterol. Cholesterol testing aids in measuring cholesterol and triglyceride levels in the blood and it is called as lipoprotein profiling or lipoprotein analysis. Blood cholesterol testing aids to reduce the risk of stroke, heart attack, and peripheral artery diseases.

Increasing prevalence of high cholesterol among population is expected to drive growth of the global cholesterol testing services market in the near future

According to a study published by Center for Disease Control and Prevention in 2012, about 95 million adults in the U.S. aged 20 years or older have total cholesterol levels greater than 200 mg/dL, and nearly 29 million adults have total cholesterol levels higher than 240 mg/dL in the U.S. As per medical standard, total cholesterol level below 200 mg/dl is good, and between 200-239 mg/dl is called as borderline. Increasing prevalence of high cholesterol among the populace is expected to increase demand for its diagnosis and testing, which conversely is expected to create a conducive environment for growth of global cholesterol testing services market.

The global cholesterol testing services market was valued at US$ 11.5 Bn in 2016 and is expected to witness a CAGR of 7.8% over the forecast period (2017–2025).

Figure 1. Global Cholesterol Testing Services Market Share (%), By Region, 2017 & 2025

Cholesterol Testing Services Market

Source: Coherent Market Insights Analysis (2017)

Increasing number of obese and geriatric population is expected to fuel growth of the market

Obese and geriatric population is at high risk of elevated cholesterol levels, as the concentration of cholesterol in plasma increase with age, which is expected to fuel growth of the cholesterol testing services market. According to a study published by National Center for Biotechnology Information (NCBI) in 2013, the cholesterol level increases in men from puberty to 45-55 years. Moreover. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) 2016, Asia Pacific region constitutes around 60% of the world’s geriatric population. It is estimated that in 2016, around 547 million people were aged above 60 years in Asia Pacific region and this number is expected to double and reach around 1.3 billion by 2050.

According to a study published in Centers for Disease Control and Prevention in 2014, the prevalence of obesity was around 36.5% among adults in the U.S. Prevalence of obesity among middle-aged adults aged 40–59 (40.2%) years and older adults aged 60 and above years (37.0%) was higher than among younger adults aged 20–39 (32.3%), prevalence of obesity among women (38.3%) was higher than among men (34.3%) in U.S. Furthermore, increasing awareness among population regarding regular health checkup in both developed and emerging economies is expected to fuel growth of the global cholesterol testing services market.

Moreover, increasing consumption of alcohol and factors such as physical inactivity, could lead to risk of high cholesterol levels. Furthermore, increasing smoking could lead to high cholesterol level, which is expected to increase demand for its diagnosis and drive cholesterol testing services market growth. For instance, according to a study published by World Health Organization, in 2015, over 1.1 billion people smoked tobacco, globally.

Presence of low diagnostic laboratories and skilled professional in rural areas of emerging economies such as India, China, and Brazil is the major factor restraining growth of the cholesterol testing services market over the forecast period.

Key players operating in the global cholesterol testing services market include Quest Diagnostics Incorporated, Spectra Laboratories Inc., Bio-Reference Laboratories Inc., Eurofins Scientific (Luxembourg), Clinical Reference Laboratory, Inc. (CRL), ACM Medical Laboratory, Adicon Clinical Laboratory, Unilabs, SYNLAB International GmbH, and Laboratory Corporation of America Holdings (LabCorp).

Cholesterol helps to make the outer layer of the cells in body, produce bile acids, which help in digestion and absorption of dietary fats. However, high cholesterol in the blood, could lead to development of fatty patches on the walls of blood vessels, known as atheroma. Blood testing is the only way to check cholesterol levels in the body. The Adult Treatment Panel of the National Cholesterol Education Program (NCEP) recommends that all adults aged 20 years and above should have a fasting lipoprotein profile (total cholesterol, LDL cholesterol, HDL cholesterol, and triglyceride) tested, once every five years, to screen for coronary heart disease risk. Such initiatives from organizations is expected to aid in positive growth of the global cholesterol testing service market.

Market Dynamics

Increasing prevalence of high cholesterol among population is expected to drive growth of the market in the near future. For instance, according to American Heart Association, around 7.8% of adolescents aged 12—19 years have total cholesterol levels ≥200 mg/dL, and about 98.9 million people in the U.S. aged 20 years and above have total blood cholesterol levels of 200 milligrams per deciliter (mg/dL) in 2013. Furthermore, increasing geriatric and obese population is also expected to drive demand for cholesterol testing services as the prevalence of high cholesterol is more in aged and obese population. For instance, according to Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, around 12.4% of the population in the Asia Pacific region was aged 60 years or above, which is expected to reach 1.3 billion people by 2050. According to a study published by The Organisation for Economic Co-operation and Development (OECD) in 2015, across the OECD, 19.5% of the adult population was reported obese. This rate ranges from less than 6% in Korea and Japan to over 30% in Hungary, New Zealand, Mexico, and the U.S. over one in four adults is reported obese in Australia, Canada, Chile, South Africa, and the U.K.

Key features of the study:

  • This report provides in-depth analysis of cholesterol testing services market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global cholesterol testing services market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
  • Key companies covered as a part of this study include Quest Diagnostics Incorporated, Spectra Laboratories Inc., Bio-Reference Laboratories Inc., Eurofins Scientific (Luxembourg), Clinical Reference Laboratory, Inc. (CRL), ACM Medical Laboratory, Adicon Clinical Laboratory, Unilabs, SYNLAB International GmbH, and Laboratory Corporation of America Holdings (LabCorp).
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global cholesterol testing services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the cholesterol testing services market

Detailed Segmentation:

  • Global Cholesterol Testing Services Market, By Age Group :
    • Geriatric
    • Adults
    • Pediatric
  • Global Cholesterol Testing Services Market, By Service Provider:
    • Hospital
    • Diagnostic Laboratories
    • Ambulatory Care Centers
    • Others
  • Global Cholesterol Testing Services Market, By Geography:
    • North America
      • By Age Group :
        • Geriatric
        • Adults
        • Pediatric
      • By Service Provider:
        • Hospital
        • Diagnostic Laboratories
        • Ambulatory Care Centers
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Age Group :
        • Geriatric
        • Adults
        • Pediatric
      • By Service Provider:
        • Hospital
        • Diagnostic Laboratories
        • Ambulatory Care Centers
        • Others
      • By Country:
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Age Group :
        • Geriatric
        • Adults
        • Pediatric
      • By Service Provider:
        • Hospital
        • Diagnostic Laboratories
        • Ambulatory Care Centers
        • Others
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Age Group :
        • Geriatric
        • Adults
        • Pediatric
      • By Service Provider:
        • Hospital
        • Diagnostic Laboratories
        • Ambulatory Care Centers
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Age Group :
        • Geriatric
        • Adults
        • Pediatric
      • By Service Provider:
        • Hospital
        • Diagnostic Laboratories
        • Ambulatory Care Centers
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Age Group :
        • Geriatric
        • Adults
        • Pediatric
      • By Service Provider:
        • Hospital
        • Diagnostic Laboratories
        • Ambulatory Care Centers
        • Others
      • By Country:
        • Central Africa
        • South Africa
        • North Africa
  • Company Profiles
    • Quest Diagnostics Incorporated*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
    • Spectra Laboratories Inc.
    • Bio-Reference Laboratories Inc.
    • Eurofins Scientific
    • Clinical Reference Laboratory, Inc.
    • ACM Medical Laboratory
    • Adicon Clinical Laboratory
    • SYNLAB International GmbH
    • Laboratory Corporation of America Holdings

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Age Group
      • Market Snippet, By Service Provider
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • PEST Analysis
    • Porter’s Five Forces Analysis
  4. Global Cholesterol Testing Services Market, By Age Group, 2015–2025 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016–2025
      • Segment Trends
    • Geriatric
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Mn)
    • Adults
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Mn)
    • Pediatric
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Mn)
  5. Global Cholesterol Testing Services Market, By Service Provider, 2015–2025 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016–2025
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Mn)
    • Diagnostic Laboratories
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Mn)
    • Ambulatory Care Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Mn)
  6. Global Cholesterol Testing Services Market, By Region, 2015–2025 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2016–2025
    • North America
      • Market Size and Forecast, By Age Group, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Service Provider, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Age Group, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Service Provider, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Age Group, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Service Provider, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of APAC
    • Latin America
      • Market Size and Forecast, By Age Group, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Service Provider, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Age Group, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Service Provider, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
        • Central Africa
        • South Africa
        • North Africa
    • Middle East
      • Market Size and Forecast, By Age Group, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Service Provider, 2015–2025 (US$ Mn)
      • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Quest Diagnostics Incorporated
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Spectra Laboratories Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Bio-Reference Laboratories Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Eurofins Scientific
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Clinical Reference Laboratory, Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • ACM Medical Laboratory
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Adicon Clinical Laboratory
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • SYNLAB International GmbH
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Laboratory Corporation of America Holdings
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 27 market data tables and 36 figures on “Cholesterol Testing Services Market - Global forecast to 2025”.

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