According to FutureWise analysis the market for Cholesterol Testing Services in 2023 is US$ 20.51 billion, and is expected to reach US$ 38.58 billion by 2031 at a CAGR of 8.20%.
Cholesterol is an organic molecule that is found in every cell of the body. In the body, cholesterol is converted into vitamin D and certain hormones. Increasing cholesterol levels in the blood can result in the formation of plaque (atherosclerosis). High cholesterol does not cause symptoms. Detection is only possible through a blood test. Tests to measure cholesterol and triglyceride levels in the blood are referred to as lipoprotein profiling or lipoprotein analysis. By checking blood cholesterol levels, stroke, heart attacks, and peripheral artery diseases can be reduced. A blood test is the only way to detect high cholesterol, as there are no specific symptoms. Blood cholesterol testing reduces the risk of heart attack, stroke, and peripheral artery disease. A rising incidence of high cholesterol levels among the population is expected to drive growth of the global market over the forecast period. In addition, increasing awareness regarding regular health checks among people in developed and developing countries, and easy access to preventive healthcare facilities are some other factors expected to further fuel growth over the forecast period.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Cholesterol Testing Services Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Cholesterol Testing Services Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.