© Coherent market Insights. All Rights Reserved CHOLESTEROL TESTING SERVICES MARKET INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017–2025 © Coherent market Insights. All Rights Reserved

REPORT DESCRIPTION Global Cholesterol Testing Services Market, By Age Group (Geriatric, Adults, and Pediatric), By Service Provider (Hospitals, Diagnostic Laboratories, Ambulatory Care Centers, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) was valued at US$ 11.5 Bn in 2016 and is projected to exhibit a CAGR of 7.8% over the forecast period (2017–2025), as highlighted in a new report published by Coherent Market Insights. Increasing prevalence of high cholesterol level is expected to drive growth of global cholesterol testing services market in the near future. Cholesterol Testing Services Market: Overview According to a research published by National Heart Foundation of Australia, in 2012, around 5.6 million people aged 18 years and above were reported to have high total cholesterol levels in Australia. High blood cholesterol could lead to risk for developing various heart diseases and stroke, owing to which, people are opting for regular cholesterol checkups. This is expected to increase demand for its testing thus, driving growth of the market in the near future. Furthermore, cholesterol level in plasma increases with age, according to a study published in NCBI in Hence, rising geriatric population and increasing prevalence of obesity are also expected to be factors aiding in market growth. This is due to high susceptibility of obese and geriatric population to increasing cholesterol levels. Request Sample:

© Coherent market Insights. All Rights Reserved New developments in cholesterol testing, through R&D is expected to be a key factor for growth of the market. For instance, in 2013, researchers at John Hopkins University developed new method for calculating LDL, or low-density lipoprotein. This new method, to calculate LDL (bad cholesterol levels) in the blood, has eliminated inconvenient pre-test fasting. This research also provided evidence that the new method of calculating bad cholesterol levels in the blood is more accurate than the conventional method. Furthermore, key players in the market are focusing on launching new devices for cholesterol testing and this is also expected to drive growth of the global cholesterol testing services market in the near future. For instance, in 2013, ACON Laboratories, Inc. launched its mission cholesterol monitoring system for complete lipid panel testing. This cholesterol monitoring system offers cholesterol testing at relatively low costs. 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. Request Customization: customization/1376https:// customization/1376 REPORT DESCRIPTION

© Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Request Discount: discount/1376https:// discount/1376 Key Takeaways of the Cholesterol Testing Services Market: The global cholesterol testing services market is expected to exhibit a CAGR of 7.8% over the forecast period (2017–2025), owing to increasing prevalence of high cholesterol level with rising incidence of obesity, and increasing geriatric population North America was the dominant region in the global cholesterol testing services market and is expected to retain its dominance over the forecast period (2017–2025). This is owing to increasing prevalence of high cholesterol levels among the population, especially in adults and aged, in the U.S. Key players are focusing on expanding their presence by launching new devices & systems and receiving marketing approvals for their new products in key geographies Major players operating in the 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)

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