The global cholesterol testing services market is expected to reach USD 17.57 Billion by 2021 from USD 11.96 Billion in 2016, growing at a CAGR of 8% during the forecast period.
2. The record "Cholesterol Screening/ Cholesterol Lab Testing Services Market by
Type of Customer (Physician/Provider, Hospital, Employer, Health Plan, MCO,
Government, ACO, IDN, Patient), Geography (North America, Europe) &
Qualitative Assessment - Forecasts to 2021", that analyzes and studies the major
market drivers, restraints, opportunities, and challenges in North America,
Europe, Asia, and the Rest of the World (RoW).
Browse 33 market data tables and 21 figures spread through 139 pages and in-
depth TOC on “Cholesterol Screening/ Cholesterol Lab Testing Services Market
by Type of Customer (Physician/Provider, Hospital, Employer, Health Plan, MCO,
Government, ACO, IDN, Patient), Geography (North America, Europe) &
Qualitative Assessment - Forecasts to 2021"
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services-market-180941049.html
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Factors such as increasing incidence of cardiovascular diseases
and obesity, physician preference of laboratory testing rather
self-testing, growing awareness and adoption of preventive
healthcare, government initiatives to improve the quality of
testing, and rapid growth in the geriatric population are
propelling the growth of this market. Moreover, emerging
economies offer significant growth opportunities for players
operating in the cholesterol testing services market. On the
other hand, rapidly growing home/self-testing and emergence of
noninvasive cholesterol testing methods are the major factors
that may limit growth of the market to a certain extent.
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The cholesterol testing services market is segmented on the
basis of type of customer and region. Based on type of
customer, the market is segmented into physicians/providers
and hospitals; employers, health plans, and Managed Care
Organizations (MCOs); government agencies, Accountable
Care Organizations (ACOs), and Integrated Delivery Networks
(IDNs); and patients. The patient-driven cholesterol testing
segment is expected to grow at the highest CAGR during the
forecast period, mainly due to increasing awareness and
adoption of preventive healthcare, availability of lab test
services for patients without any physician intervention thus
reducing the waiting time to get appointment from
physicians, and online access to reports and readings through
smartphones.
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• Based on region, the cholesterol testing services market is
segmented into North America, Europe, Asia, and the Rest of
the World (RoW). In 2016, North America is expected to
dominate the market, followed by Europe. However, the
cholesterol testing services market in the Asian region is
expected to witness the highest CAGR during the forecast
period mainly due to large population in the region,
increased prevalence of cardiovascular diseases, increasing
awareness in masses for preventive healthcare, and large
number of testing facilities available in the Asian region.
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180941049.html
Prominent players in the market include Laboratory
Corporation of America Holdings (LabCorp) (U.S.), Quest
Diagnostics Incorporated (U.S.), Eurofins Scientific
(Luxembourg), Spectra Laboratories Inc. (U.S.), Unilabs
(Switzerland), SYNLAB International GmbH (Germany), Bio-
Reference Laboratories Inc. (U.S.), Clinical Reference
Laboratory, Inc. (CRL) (U.S.), ACM Medical Laboratory (U.S.),
and Adicon Clinical Laboratory (China).
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