Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, the global endocrine testing market was valued at around USD 7.00 billion in 2015 and is expected to reach approximately USD 10.50 billion by 2021, growing at a CAGR of around 8.5% between 2016 and 2021.The endocrine system is a family of glands and organs in the human body. The endocrine system consists of various glands in different parts of the body that secrete hormones directly into the blood. An optimally functioning endocrine system is essential to restoring and maintaining good health. Endocrinology blood tests to identify hormone imbalances and abnormal gland function.
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Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, the global endocrine testing market was valued at around USD 7.00 billion in 2015 and is expected to reach approximately USD 10.50 billion by 2021, growing at a CAGR of around 8.5% between 2016 and 2021.
The endocrine system is a very complex network that consists of several glands located throughout the body. Endocrine diagnostics test to measure the level of various hormones in a human body. It is also used to identify whether the endocrine glands are working properly. An optimally functioning endocrine system is essential to restoring and maintaining health.
Globally, the endocrine testing market has been accelerated on account of the rapid growth global geriatric population in both developed and developing countries. The changing lifestyles, increasing stress, and unhealthy food habits result in increased obesity and disturbed hormonal changes, which contributed substantially towards the growth of the endocrine diagnostics market. Moreover, increasing health awareness coupled with the government initiatives facilitated early diagnosis of endocrine disorders, which is expected to propel the demand for endocrine test kits. However, the high cost of technology is expected to be the major restraint for the growth of the endocrine testing market. Nonetheless, investment in research and technology is considered as a major opportunity for the growth of the global endocrine testing market.
The endocrine testing market can be segmented on the basis of test such as Dehydroepiandrosterone sulfate (DHEAS), Progesterone, Luteinizing Hormone (LH), Estradiol (E2), Human Chorionic Gonadotropin (hCG), Follicle Stimulating (FSH), testosterone, thyroid prolactin, Thyroid Stimulating Hormone (TSH), cortisol, insulin, and other tests such as gastrin, thymosin, and secretin tests. Thyroid stimulating hormone (TSH) was the leading segment owing to rising incidences of thyroid disorders and the growing awareness about the correlation between variations in the thyroid hormones levels and cardiovascular disorders. Insulin test is expected to witness the fastest growth in the years to come. This growth is mainly due to increase the rate of diabetes patients across the globe.
On the basis of technology, the market can be segmented into monoclonal & polyclonal antibody technologies, tandem mass spectrometry, immunoassay, sensors, clinical chemistry technologies, and others. Tandem mass spectrometry is expected to show significant growth in the years to come. Mass spectroscopy analysis is the most recent developed technology. The sensitivity of the tests by mass spectroscopy technology is very high.
Some of the key end-users include commercial laboratories, home-based tests, ambulatory care centers, hospitals and other healthcare settings. The commercial laboratories were the largest segment due to advanced infrastructure coupled with skilled personnel. The home-based test segment is growing fast with the introduction of new user-friendly and cost-effective diagnostic kits. This is expected to increase the penetration of home-based tests.
North America is projected to be the largest revenue contributing region. North America is expected to remain the dominant region over the next few years. Asia-Pacific is projected to be the fastest-growing region in the endocrine testing market during the forecast period as a result of demand from developing economies such as China and India. As a result of increasing aging population and increasing health awareness in Brazil, Latin America is also expected to experience significant growth in the years to come.
Some of the key players operating into this market include Bio Rad Laboratories, DiaSorin, Hoffmann-La Roche Ltd., LabCorp, Quest Diagnostics, Abbott Laboratories, AB Sciex, Agilent Technologies, Biomedical Technologies and bioMerieux SA.
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List of Figures
1. Market Research Process
2. Market Research Methodology
3. Global Endocrine Testing Market Revenue, 2015 – 2021 (USD Million)
4. Porter’s Five Forces Analysis
5. Endocrine Testing: Market Attractiveness Analysis, By Test Segment
6. Endocrine Testing: Market Attractiveness Analysis, By Technology Segment
7. Endocrine Testing: Market Attractiveness Analysis, By End-User Segment
8. Endocrine Testing: Market Attractiveness Analysis, By Regional Segment
9. Company Market Share Analysis, 2015 And 2021
10. Global Endocrine testing Market Revenue Share By Test, 2015 And 2021
11. Global Endocrine testing Market for Dehydroepiandrosterone Sulfate, 2015 – 2021, (USD Million)
12. Global Endocrine testing Market for Luteinizing Hormone, 2015 – 2021, (USD Million)
13. Global Endocrine testing Market for Human Chorionic Gonadotropin, 2015 – 2021, (USD Million)
14. Global Endocrine testing Market for Follicle Stimulating, 2015 – 2021, (USD Million)
15. Global Endocrine testing Market for Thyroid Stimulating Hormone, 2015 – 2021, (USD Million)
16. Global Endocrine testing Market for Insulin, 2015 – 2021, (USD Million)
17. Global Endocrine Testing Market For Cortisol, 2015 – 2021, (USD Million)
18. Global Endocrine Testing Market For Other Test, 2015 – 2021, (USD Million)
19. Global Endocrine Testing Market Revenue Share By Technology, 2015 And 2021
20. Endocrine Testing Market For Monoclonal & Polyclonal Antibody Technologies, 2015 – 2021, (USD Million)
21. Endocrine Testing Market For Tandem Mass Spectrometry, 2015 – 2021, (USD Million)
22. Endocrine Testing Market For Clinical Chemistry Technologies, 2015 – 2021, (USD Million)
23. Global Endocrine Testing Market Revenue Share By End-User, 2015 And 2021
24. Endocrine Testing Market For Hospitals, 2015 – 2021, (USD Million)
25. Endocrine Testing Market For Others, 2015 – 2021, (USD Million)
26. Global Endocrine Testing Market Share, By Region, 2015 – 2021
List of Tables
1. Endocrine testing Market: Market Snapshot
2. Drivers Of Global Endocrine testing Market: Impact Analysis
3. Restraints Of Global Endocrine testing Market: Impact Analysis
4. North America Endocrine Testing Market Revenue, By Test, 2015 – 2021(USD Million)
5. North America Endocrine Testing Market Revenue, By Technology, 2015 – 2021(USD Million)
6. North America Endocrine Testing Market Revenue, By End-User, 2015 – 2021(USD Million)
7. Europe Endocrine Testing Market Revenue, By Test, 2015 – 2021(USD Million)
8. Europe Endocrine Testing Market Revenue, By Technology, 2015 – 2021(USD Million)
9. Europe Endocrine Testing Market Revenue, By End-User, 2015 – 2021(USD Million)
10. Asia Pacific Endocrine Testing Market Revenue, By Test 2015 – 2021(USD Million)
11. Asia Pacific Endocrine Testing Market Revenue, By Technology 2015 – 2021(USD Million)
12. Asia Pacific Endocrine Testing Market Revenue, By End-User 2015 – 2021(USD Million)
13. Latin America Endocrine Testing Market Revenue, By Test – 2021 (USD Million)
14. Latin America Endocrine Testing Market Revenue, By Technology – 2021 (USD Million)
15. Latin America Endocrine Testing Market Revenue, By End-User – 2021 (USD Million)
16. Middle East And Africa Endocrine Testing Market Revenue, By Test – 2021 (USD Million)
17. Middle East And Africa Endocrine Testing Market Revenue, By Technology – 2021 (USD Million)
18. Middle East And Africa Endocrine Testing Market Revenue, By End-User – 2021 (USD Million)
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