The Esoteric Testing Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Esoteric Testing Market:
https://www.thebusinessresearchcompany.com/report/esoteric-testing-global-market-report
According to The Business Research Company’s Esoteric Testing Global Market Report 2024, The esoteric testing market size has grown rapidly in recent years. It will grow from $29.24 billion in 2023 to $32.73 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to advancements in biotechnology, rising chronic diseases, precision medicine evolution, increased focus on rare diseases, genomic discoveries.
The esoteric testing market size is expected to see rapid growth in the next few years. It will grow to $51.62 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to demand for early disease detection, expanding geriatric population, precision oncology growth, expansion of rare disease research, global health challenges. Major trends in the forecast period include liquid biopsies and circulating biomarkers, microbiome analysis, ai and machine learning integration, point-of-care esoteric testing, expanded genetic and molecular testing.
The increasing prevalence of infectious diseases is expected to propel the growth of the esoteric testing market going forward. Infectious diseases are caused by infectious pathogens such as bacteria and viruses, migration, travel, and environmental changes. Esoteric testing involves advanced technology, such as nucleic acid technology, which can detect the genetic material of infectious agents. This can provide more accurate and sensitive results than traditional methods such as microbiological culture. For instance, in March 2023, according to the World Health Organization, a Switzerland-based voluntary health organization of the United Nations, in 2021, 247 million people suffered from malaria, an increase of 2 million compared to the reported 245 million in 2020. Therefore, the increasing prevalence of infectious diseases is driving the esoteric testing market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=12611&type=smp
The esoteric testing market covered in this report is segmented –
1) By Type: Infectious
Testing, Endocrinology Testing, Oncology Testing, Genetics Testing, Toxicology Testing, Immunology Testing, Neurology Testing, Other Testing
2) By Technology: Chemiluminescence Immunoassay, Enzyme-Linked Immunosorbent Assay, Mass Spectrometry, Real-Time PCR, DNA (Deoxyribonucleic Acid) Sequencing, Flow Cytometry, Other Technologies
3) By End User: Independent And Reference Laboratories, Hospital-Based Laboratories
Technological advancements are a key trend gaining popularity in the esoteric testing market. Major companies operating in the esoteric testing market are developing innovative products based on advanced technologies to sustain their position in the market. For instance, in January 2021, OPKO Health Company, a US-based diagnostics and pharmaceuticals company, launched the Scarlet Health digital platform. The new platform is an in-home, mobile, and flexible platform for on-demand diagnostic services. The new platform leverages the national presence and infrastructure of Bio-Reference, a US-based medical laboratory company.
The esoteric testing market report table of contents includes:
1. Executive Summary
2. Esoteric Testing Market Characteristics
3. Esoteric Testing Market Trends And Strategies
4. Esoteric Testing Market – Macro Economic Scenario
5. Global Esoteric Testing Market Size and Growth
.
.
.
26. South America Esoteric Testing Market
27. Brazil Esoteric Testing Market
28. Middle East Esoteric Testing Market
29. Africa Esoteric Testing Market
30. Esoteric Testing Market Competitive Landscape And Company Profiles
Top Major Players:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…
The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…
The ip video surveillance and vsaas global market report 2024 from The Business Research Company…
The change and configuration management global market report 2024 from The Business Research Company provides…
The generative ai in gaming global market report 2024 from The Business Research Company provides…
The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…