Global Cellular Health Testing Strategic Business Report 2023: Digital Transformation in Healthcare to Offer Significant Market Gains


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 AttributeDetails
No. of Pages184
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$3 Billion
Forecasted Market Value (USD) by 2030$5.8 Billion
Compound Annual Growth Rate8.6%
Regions CoveredGlobal

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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Global Market for Cellular Health Testing

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