Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Cellular Health Testing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cellular Health Testing estimated at US$3 Billion in the year 2022, is projected to reach a revised size of US$5.8 Billion by 2030, growing at a CAGR of 8.6% over the analysis period 2022-2030.
Single-Test Panels, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$3.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Multi-Test Panels segment is readjusted to a revised 10.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $880.9 Million, While China is Forecast to Grow at 8.1% CAGR
The Cellular Health Testing market in the U.S. is estimated at US$880.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 7.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR.
Select Competitors (Total 22 Featured) -
- Bio-Reference Laboratories, Inc.
- Cell Science Systems Corp.
- Cleveland Heartlab, Inc.
- Dna Labs India
- Genova Diagnostics
- Immundiagnostik AG
- Laboratory Corporation of America Holdings
- Life Length
- Quest Diagnostics, Inc.
- Repeat Diagnostics Inc. (Repeat Dx)
- Segterra, Inc.
- SpectraCell Laboratories, Inc.
- Telomere Diagnostics, Inc. (Tdx)
- Zimetry LLC
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 184 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3 Billion |
| Forecasted Market Value (USD) by 2030 | $5.8 Billion |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Cellular Health Testing - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Cellular Health Testing - Revolutionary Technology Provides Overview of Health at Cellular Level
- North America Projected to Retain Maximum Share in the Market
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Demand for Accurate Telomere Length Test Steers Market Growth
- Digital Transformation in Healthcare to Offer Significant Market Gains
- Focus on Healthy Life Expectancy (HLE) as a Measure of Population Health Promise Growth Opportunities
- Cellular Approach to Tackle Chronic Diseases Ensure Steady Growth Prospects
- Continuous Rise in Geriatric Population Throws Focus on Cellular Heath Screening
- Percentage (In %) of Global Population Aged 65 and Above by Region
- US Population (In Million) Aged 65 and Above for the Years 2018, 2021, 2024, 2027, and 2030
- Government Policies and Measures Promoting Preventative Healthcare Augurs Well
- Personalized and Precision Medicine Presents Application Opportunities for Cellular Health Screening
- Global Precision Medicine Market (In US$ Billion) for the Years 2019, 2021, 2023, 2025 & 2027
- Growing Popularity of Direct-To-Consumer Approach to Testing Drives Market Demand
- Key Challenges
- Limited Reimbursement
- Challenges in Sample Transportation
- Variation in Pricing of Test Kits
- Covid-19 Impact on Cellular Health Testing Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/a7538x
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