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LDL Test Market 2018 Global Growth Opportunities, Key Driving Factors, Industry Scenario and Outlook to 2023

This study covers the market dynamics and trends in major countries that are expected to influence the current market scenario and future status of the Global LDL Test Market over the forecast period.

According to Centres for Disease Control and Prevention, (2015) 71 million American adults have high low-density lipoprotein (LDL), or bad cholesterol level. Only 2 out of every 3 adults with LDL cholesterol has the condition under control.

LDL is also mentioned as bad cholesterol since high levels of LDL results in cholesterol build-up which may lead to heart attack and strokes. LDL is one of the five major types of lipoproteins and other four are chylomicrons, very low-density lipoprotein (VLDL), intermediate-density lipoprotein (IDL), low-density lipoprotein (LDL) and high-density lipoprotein (HDL). The major role of lipoprotein particles is to transport fats such as triglycerides and cholesterol in the blood between the organs of the body.

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The market drivers for LDL market are increasing geriatric population, increasing obese and overweight population. The major market restraints for this test are risks associated with this such as excessive bleeding and infection during multiple puncture wounds, low healthcare expenditure in developing regions which may hamper the market growth.

The global LDL test market is projected to grow at a CAGR of ~ 5.5 % during the forecast period 2017-2023.

Segmentation

The Global LDL Test Market has been segmented on the basis of types, components, applications and end users. Based on types, the market has been segmented into LDL-C, LDL-P, LDL-B and others. Based on components, the market has been segmented into devices, kits & reagents and others. Devices is further sub-segmented into syringes & needles, spectrophotometers and others. And kits & reagents is further sub-segmented into toxicity assays kit, blood chemistry assays kit, cytotoxicity assays kit.

Based on application, the market has been segmented as atherosclerosis, obesity, dyslipidemia, diabetes, angina, stroke, carotid artery disease, peripheral arterial disease, others. Based on the end users, the market has been segmented as hospitals and clinics, pharmaceutical and biotechnological companies and others.

Regional analysis:

Geographically, the global LDT test market is segmented into Americas, Europe, Asia Pacific and the Middle East & Africa. The Americas account for a significant market share owing to extensive use of medications, high expenditure on the health care, huge patient population and increasing government support for research & development. Also, major research and manufacturing companies are present in America.

Asia Pacific region shows the fastest growth owing to the presence of huge population base, and continuous development in the healthcare sector. China and India are likely to lead this market due to fast growing healthcare sector during the forecasted period.

Europe is the second largest market in the world due to high income, government support for research & development and availability of resources.

On the other hand, the Middle East & Africa has the least market share due to limited development in the healthcare sector. Middle East holds a major share for the market due to presence of gulf nations such as Saudi Arabia and the UAE. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.

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Detailed Table of Contents:

1. Introduction

1.1 Definition

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure

2. Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators

12. Conclusion

12.1 Key Findings

12.1.1 From CEO’s Viewpoint

12.1.2 Unmet Needs Of The Market

12.2 Key Companies To Watch

12.3 Prediction Of LDL Test Manufacturing Companies

13. Appendix

...Continued!

 

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