Global Endocrine Testing Market will register significant growth between 2023 and 2032.
The consistent rise in the geriatric population worldwide will drive industry growth over the next ten years. According to WHO, people aged over 60 years will account for 22% of the world's population by 2050. Aging people have a greater susceptibility to endocrine disorders, such as diabetes, thyroid dysfunction, and adrenal gland disorders, that require accurate diagnostic tests, thereby contributing to market expansion. Technological advancements in diagnostic techniques and the introduction of innovative endocrine testing products are also playing a crucial role in fueling market growth. Moreover, the growing awareness among individuals regarding preventive healthcare and early disease detection is propelling the adoption of endocrine testing, driving market revenues.
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The overall endocrine testing market share is categorized based on test, technology, end-use, and region.
Regarding the test, the insulin segment is poised to capture a decent market share by 2032. The demand for insulin tests is primarily driven by the escalating prevalence of diabetes worldwide. According to CDC 2022 National Diabetes Statistics Report, an estimated 130 million adults in the US are living with diabetes or prediabetes. As diabetes cases continue to rise, the need to accurately measure insulin levels becomes essential for effective disease management and personalized treatment plans. Insulin tests play a critical role in diagnosing diabetes, monitoring treatment efficacy, and preventing complications, contributing to the sustained demand for such tests.
In terms of technology, the endocrine testing industry size from the chromatography segment will expand at a notable CAGR through 2032. Chromatography testing is highly sensitive and accurate and can analyze multiple hormones simultaneously. This technique offers efficient separation and detection of complex hormone mixtures, aiding in precise diagnosis and monitoring of endocrine disorders. The growing demand for reliable and comprehensive diagnostic methods is propelling the adoption of chromatography-based testing in the field of endocrinology.
Diagnostic centers are anticipated to emerge as a prominent end-user for endocrine testing by 2032. The increasing prevalence of endocrine disorders, coupled with the aging population, drives the need for accurate and timely hormone assessments. Moreover, advancements in testing technologies have made endocrine assays more accessible, leading to higher adoption in diagnostic centers, enabling early detection and effective management of endocrine-related conditions.
Europe endocrine testing industry will record significant revenue through 2032. The region's aging population contributes to a higher prevalence of endocrine disorders, increasing the need for comprehensive testing. Additionally, rising awareness about preventive healthcare and early disease detection fuels the demand for endocrine tests, aiding in timely intervention and treatment. Advances in diagnostic technologies also make endocrine testing more accessible, further driving its popularity in Europe.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
1.7.1 Primary
1.7.2 Secondary
1.7.2.1 Paid sources
1.7.2.2 Unpaid sources
Chapter 2 Executive Summary
2.1 Endocrine testing industry 360º synopsis, 2018 – 2032
2.2 Business trends
2.3 Regional trends
2.4 Test type trends
2.5 Technology trends
2.6 End-use trends
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Transparency Market Research (TMR) () has published a new report titled, ‘Endocrine Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’.
According to the report, the global endocrine testing market was valued at US$ 5.5 Bn in 2018 and is projected to expand at a CAGR of 6.4% from 2019 to 2027.Read Report Overview - https://www.transparencymarketresearch.com/endocrine-testing-market.html OverviewEndocrine system is made up of endocrine glands that secrete hormones directly into the blood stream.
they help detect either hypersecretion (excess secretion) or hyposecretion (less secretion) that results in certain endocrine disorders such as infertility, menopause, thyroid dysfunction and others.The Endocrine Testing market is currently booming one, owing to consistent rise in diabetic and obese population resulting in development of several health disorders thereby enhancing the growth and acceptance of endocrine test kits and methodologies.
Moreover endocrine test kit manufacturers are focusing on the development of efficient diagnostic test kits of high accuracy which are the factors anticipated to drive the growth of market.North America dominates the global endocrine testing market in 2018 and the trend is anticipated to continue during the forecast period.
The growth of market in the region is attributed to increasing obesity and changing lifestyle and less physical inactivity resulting in several endocrine disorders., Also, increasing incidences of diabetes worldwide followed by constant technological upgradation in testing further propel the growth and adoption of endocrine testing platforms.Asia Pacific is likely to be a highly lucrative market for the Endocrine Testing market and it is expected to expand at a high CAGR during the forecast period.
Vast patient pool, increasing healthcare expenditure and demand for newer advanced therapies are key factors likely to boost endocrine testing market in Asia Pacific.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1645Rise in Prevalence of Endocrine and Metabolic Disorders to Drive Global Endocrine Testing MarketDisorders such as hypothyroidism, hyperthyroidism, diabetes mellitus, polycystic ovary syndrome (PCOS) among others are the most common endocrine & metabolic disorders among the global population.
Global Endocrine Testing Market is expected to reach USD 13.02 billion by 2024.
With the help of network of glands, hormones are produced, stored, and secreted.
Thymus, adrenal glands, testes, hypothalamus, pituitary gland, ovaries, pineal gland, islet cells in the pancreas, thyroid, and parathyroid are glands of endocrine system.
Insulin, estradiol (E2), cortisol, Follicle Stimulating (FSH), prolactin, Human Chorionic Gonadotropin (hCG), Thyroid Stimulating Hormone (TSH), Luteinizing Hormone (LH), testosterone, Dehydroepiandrosterone sulfate (DHEAS), progesterone, and other test type could be explored in endocrine testing market in the forecast period.
Thyroid Stimulating Hormone (TSH) sector accounted for the largest market share of endocrine testing industry and is estimated to lead the overall market in the coming years.
Moreover, insulin test is estimated to grow at fastest pace in the coming years, as growing diabetic population.
Get FREE Sample Report Before Buying @ https://www.upmarketresearch.com/home/requested_sample/3340 UpMarketResearch offers a latest published report on “Global Endocrine Testing System Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Region-wise Analysis Global Endocrine Testing System Market covers:North AmericaEuropeChinaJapanIndiaSoutheast AsiaOther regions (Central & South America, Middle East & Africa) The Major players reported in the market include:Abbott DiagnosticsDiascorinRoche DiagnosticsSiemens HealthcareThermo Fisher ScientificAdnaGenImmunoDXImmunonodiagnostics SystemInDevRInnogeneticsKyowa Medex For More Information, Please Visit https://www.upmarketresearch.com/home/enquiry_before_buying/3340 Global Endocrine Testing System Market: Product Segment Analysis:Estradiol (E2) TestFollicle Stimulating Hormone (FSH) TestHuman Chorionic Gonadotropin (HCG) Hormone TestLuteinizing Hormone (LH) TestDehydroepiandrosterone Sulfate (DHEAS) TestProgesterone Test Global Endocrine Testing System Market: Application Segment Analysis:HospitalsCommercial LaboratoriesAmbulatory Care CentersHome-based tests The Report covers in-depth analysis as follows:Chapter 1 Overview of Endocrine Testing SystemChapter 2 Global Market Status and Forecast by RegionsChapter 3 Global Market Status and Forecast by TypesChapter 4 Global Market Status and Forecast by Downstream IndustryChapter 5 Market Driving Factor Analysis of Endocrine Testing SystemChapter 6 Endocrine Testing System Market Competition Status by Major ManufacturersChapter 7 Endocrine Testing System Major Manufacturers Introduction and Market DataChapter 8 Upstream and Downstream Market Analysis of Endocrine Testing SystemChapter 9 Cost and Gross Margin Analysis of Endocrine Testing SystemChapter 10 Marketing Status Analysis of Endocrine Testing SystemChapter 11 Report ConclusionChapter 12 Research Methodology and Reference Buy Endocrine Testing System Market analysis & forecast 2018-2023 Report along with complete TOC @ https://www.upmarketresearch.com/buy/Endocrine-Testing-System-Global-Market-Status-and-Trend-Report-2013-2023 “Endocrine Testing System Market Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
