1 / 7

Esoteric Testing Market to grow at 9% CAGR from 2017 to 2024

Get more details @ http://bit.ly/2tsXaeD <br>Some of the notable participants in the esoteric testing industry include Quest Diagnostics, American Esoteric Laboratories, Arup Laboratories, BioMONTR, Laboratory Corporation of America, and Mayo Medical Laboratories.

jueekate
Download Presentation

Esoteric Testing Market to grow at 9% CAGR from 2017 to 2024

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Esoteric Testing Market forecast to reach $35bn by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Esoteric Testing Market: • Global Market Insights, Inc. says Esoteric Testing Market size is set to exceed USD 35 billion by 2024. • Growing demand for genomics and proteomics has led to a marked increase for genetic testing. Genetic testing is gaining popularity over the years due to rising prevalence of complex diseases such as muscular dystrophy, epilepsy, and Alzheimer's disease among others • Moreover, growing adoption of companion diagnostics due to rise in demand for targeted therapies for cancer treatment should also contribute to the esoteric testing market growth. • Implementation of advanced technologies such as bioinformatics and growing lab automation trend are other pivotal factors likely to propel the esoteric testing market growth.

  3. Continued... • The shift in trend towards preventive disease management and identification of risk factors in the disease areas of endocrinology, oncology as well as reproduction health in women should further fuel the esoteric testing business growth. • Strict regulatory framework, and unfavorable reimbursement scenario along with dearth of qualified technical personnel to operate specialized esoteric tests may restrain esoteric testing industry expansion during the forecast timeframe. • Oncology segment is slated to witness lucrative rate owing to increasing prevalence of cancer and introduction of number of esoteric tests such as PTEN/ERG FISH, and UroVysion FISH tests for detection of bladder cancer and assessment of treatment for prostate cancer. • Chemiluminescence and ELISA technologies are the largest revenue generators in esoteric testing market owing the benefits offered along with high volume of tests conducted for the areas of infectious diseases and immunology.

  4. Continued... • Mass spectrometry is another technology which is anticipated to grow at rapid rate due to technological advancements in the field and increased usage of combined technologies such as tandem mass spectrometry and LC/MS in esoteric testing. • Europe esoteric testing market is predominantly driven by countries of Germany and UK. • Japan was the largest esoteric testing market in Asia Pacific region, followed by China and India in 2016. • The countries of China and India are slated to witness rapid growth in the coming years due to presence of large unmet needs in terms of large patient pool of infectious and immunological diseases, rising per capita income and development of healthcare infrastructure. • Prominent industry players include Laboratory Corporation of America, Quest Diagnostics, Opko Health Company, Arup Laboratories, Mayo Medical Laboratories, Myriad Genetics, Genomic Health, Invitae, BioMONTR, ACM Global Laboratories, and Nordic Laboratories.

  5. Germany Esoteric Testing Market Size, By Test Type, 2013-2024 (USD Million)

  6. Browse Full Market Research Report On Esoteric Testing Market @ http://bit.ly/2va92Cj Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1922https://www.gminsights.com/request-sample/detail/49

  7. Stay In Touch Website: www.gminsights.com Social Media:

More Related