The global esoteric testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of esoteric testing market for global, Europe, North America, Asia Pacific and South America.
The Global Esoteric Testing Market is expected to reach USD 42.68 Billion by 2025, from USD 18.25 Billion in 2017 growing at a CAGR of 11.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Esoteric Testing Market competition by top players include – Quest Diagnostics, Opko Health, Miraca Holdings, Myriad Genetics, Sonic Healthcare, Primary Health Care, Healthscope, Foundation Medicine, ACM Global Laboratories, Arup Laboratories, Fulgent Genetics, Invitae, Mayo Medical Laboratories, Spectra Laboratories among others.
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Report Segmentation:
The esoteric testing market is segmented into type, technology, laboratory type and geography.
Based on type:
- Infectious Diseases Testing
- Endocrinology Testing
- Oncology Testing
- Genetic Testing
- Toxicology Testing Immunology Testing
- Neurology Testing
- Others.
Based on technology:
- Chemiluminescence Immunoassay
- Enzyme-Linked Immunosorbent Assay
- Radioimmunoassay
- Flow Cytometry Real-Time PCR
- Mass Spectrometry
- Others Technologies
Based on the laboratory type:
- Independent & Reference Laboratories
- Hospital Laboratories.
Based on geography:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
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Report Drivers and Restraints:
- Increase in prevalence of chronic disease.
- Increase in geriatric population.
- Number of patients suffering from infectious disease increased.
- Increased awareness of personalized medicine
- Development of specific markers used in genomic and proteomics
- Advancement in technology of esoteric testing
- Reimbursement Scenario
- Less patient’s awareness.
Reason to Buy
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– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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