Global LDL Test Market Types (LDL-C, LDL-P, LDL-B), Components, Disease, End Users, Distribution Channels, Geography- Industry Trends and Forecast to 2024
The global LDL test market accounted to USD 5.9 billion in 2016 growing at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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LDL or low-density lipoprotein which is often referred to as bad cholesterol, builds-up in arteries, which can lead to heart attacks and strokes.LDL test is done to determine the risk of heart related diseases and disorders.
Major market drivers and restraints:
- Increasing prevalence of cardiovascular diseases and obesity
- Rising awareness among patient
- Rising geriatric population
- Government Initiatives to Improve Quality of Testing
- Risks associated with tests
- Low healthcare expenditure in developing regions
Market Segmentation:
On the basis of type, global LDL test market is segmented into LDL-C, LDL-P and LDL-B.
By components the global LDL test market is segmented into Devices and Kits & Reagents.
Devices are further sub segmented into Syringes & Needles, Spectrophotometers.
Kits and reagents are further sub segmented into Toxicity Assays Kit, Blood Chemistry Assays Kit, Cytotoxicity Assays Kit.
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On the basis of disease, global LDL test market is segmented into atherosclerosis, obesity, dyslipidemia, diabetes, angina, stroke, carotid artery disease, peripheral arterial disease and others.
On the basis of end user the global LDL test market is segmented into hospitals, clinics, research laboratory and ambulatory care.
On the basis of distribution channel the global LDL test market is segmented into direct tenders and retail.
On the basis of geography, global LDL test market report covers data points for 28 countries across multiple geographies such as
- North America & South America
- Europe
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis:
The global LDL test market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of LDL test market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
Some of the major players operating in global LDL test market are Quest Diagnostics Incorporated, Sekisui Diagnostics, Express Biotech International, Randox Laboratories Ltd, Reckon Diagnostics, DiaSys Diagnostics India Private Limited, F. Hoffmann-La Roche Ltd, Laboratory Corporation of America, Eurofins Scientific, Kopibeskyttet Unilabs Labhåndbok, Eurolyser Diagnostica GmbH, Sigma-Aldrich Co. LLC., Atlas Medical Uk, Diazyme Laboratories, Inc., Thermo Fisher Scientific among others.
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