Cholesterol Screening Market to Grow at 8% CAGR to 2021

The global cholesterol testing services market is expected to reach USD 17.5 billion by 2021 from USD 11.9 billion in 2016, growing at a CAGR of 8% during the forecast period. This 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.

Click   Here   for   Complete   Report   on   Cholesterol Testing Services  Market   spread  across   139 Pages, Profiling 10 Companies and Supported with 33 Tables and 21 Figures at http://www.rnrmarketresearch.com/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-quali-ts-to-2021-market-report.html .

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.

Research Methodology

1 Cholesterol Testing Market Size Estimation

2 Cholesterol Testing Market Breakdown and Data Triangulation

3 Key Data From Secondary Sources

4 Key Data From Primary Sources

5 Assumptions 3D Bioprinting Market, By Technology

Competitive Landscape

1 Overview

2 Market Share Analysis

3 Competitive Situation and Trends

4 Acquisitions

5 Expansions and Investments

6 Agreements

7 Service Launches

Moreover, emerging economies and patient-driven testing services are expected to offer high potential for growth during the forecast period. However, rapidly growing home/self-testing and emergence of noninvasive cholesterol testing methods are the major factors that may limit the growth of the market to a certain extent.

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In 2016, North America is estimated to account for the largest share of the global cholesterol testing services market. In North America, the U.S. is a major market for cholesterol testing service providers. North America’s dominance in the market can be attributed to the increase in Clinical Laboratory Improvement Amendments (CLIA) waivers for certain diagnostic tests (including blood cholesterol).

Company Profiles

1 Laboratory Corporation of America Holdings (Labcorp)

2 Quest Diagnostics Incorporated

3 Eurofins Scientific

4 Spectra Laboratories, Inc.

5 Unilabs

6 Synlab International GmbH

7 Bio-Reference Laboratories, Inc.

8 Clinical Reference Laboratory, Inc.

9 ACM Medical Laboratory)

10 Adicon Clinical Laboratory

part from comprehensive geographical analysis, service analysis, and market sizing, the report also provides cost structure & pricing analysis, reimbursement scenario, market share analysis and competitive landscape that cover growth strategies adopted by industry players in the last three years. Also, the company profiles comprise basic views on the key players and their product portfolios, core competencies, developments, and strategies adopted.

Click Now for More Details 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” report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=840207 .

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

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