Cholesterol Test Market Growth Outlook Through 2024-2033

Overview and Scope
A cholesterol test is an analysis of blood that measures the amount of cholesterol and other lipids in an individual’s blood. Cholesterol is a waxy, fat-like molecule that body requires in small amounts for healthy health.

Sizing and Forecast
The cholesterol test market size has grown strongly in recent years. It will grow from $8.31 billion in 2023 to $9.1 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to cardiovascular disease awareness, research on heart health, public health campaigns, physician recommendations, patient education.

The cholesterol test market size is expected to see strong growth in the next few years. It will grow to $12.61 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to integration in corporate wellness, precision nutrition influence, health conscious consumerism, genetic testing integration, personalized medicine shift. Major trends in the forecast period include cholesterol-targeted therapies, integration with health apps, cholesterol education platforms, comprehensive lipid panels, point-of-care testing expansion.

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Segmentation & Regional Insights
The cholesterol test market covered in this report is segmented –

1) By Product Type: Test Kits, Test Strips, Other Product Types
2) By Test Type: Total Cholesterol Test, High-Density Lipoprotein (HDL) Cholesterol, Low-Density Lipoprotein (LDL) Cholesterol, Triglycerides or Very Low-Density Lipoprotein (VLDL) Cholesterol Test
3) By Distribution Channel: Over the Counter, Prescription Based
4) By End User: Hospitals, Diagnostic Centers, Other End-Users

North America was the largest region in the cholesterol test market in 2023. The regions covered in the cholesterol test market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rise in the prevalence of cardiovascular diseases is expected to propel the growth of the cholesterol test market. Cardiovascular diseases (CVDs) are a category of heart and blood vessel disorders, including coronary heart disease, stroke, peripheral arterial disease, aortic disease, and other conditions. A cholesterol test provides individuals and doctors with vital information about the chance of developing heart disease. For instance, in April 2023, according to the World Heart Federation, over 500 million individuals worldwide will remain impacted by cardiovascular diseases. These conditions led to 20.5 million fatalities in 2021, representing nearly one-third of the total global mortality and reflecting a notable rise from the previously estimated 121 million deaths attributed to cardiovascular diseases. Therefore, rising death and the prevalence of cardiovascular diseases will drive the cholesterol test market.

Key Industry Players

Major companies operating in the cholesterol test market report are CVS Health Corporation, F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Siemens Healthineers GmbH, Fujifilm Holdings Corporation, Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Eurofins Scientific SE, Mindray Medical International Limited, SYNLAB International GmbH, Beckman Coulter Inc., PerkinElmer Inc., Horiba Ltd., Sigma-Aldrich Corp, Randox Laboratories Ltd., Nova Biomedical Corp, Abcam PLC, Sinocare Inc., ACM Global Laboratories, Clinical Reference Laboratory Inc., Sekisui Diagnostics LLC, Everlywell Inc., SpectraCell Laboratories Inc., Spectra Laboratories Inc., LetsGetChecked USA, Ulta Lab Tests LLC, Cell Biolabs Inc., BioReference Health LLC, Diazyme Laboratories Inc.

The cholesterol test market report table of contents includes:

1. Executive Summary
2. Cholesterol Test Market Characteristics
3. Cholesterol Test Market Trends And Strategies
4. Cholesterol Test Market – Macro Economic Scenario
5. Global Cholesterol Test Market Size and Growth
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31. Cholesterol Test Market Other Major And Innovative Companies
32. Global Cholesterol Test Market Competitive Benchmarking
33. Global Cholesterol Test Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cholesterol Test Market
35. Cholesterol Test Market Future Outlook and Potential Analysis

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