HDL Cholesterol Kits Market Has Been Estimated to Account for US$ 790 Mn by 2029 end

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HDL Cholesterol Kits Market will reach at a CAGR
of 5.0 from 2019-2029 Future Market Insights

• March 2020

Report Id REP-GB-9842 Published On
20-June-2019 Category Healthcare,
Pharmaceuticals Medical Devices
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HDL Cholesterol Kits Market Analysis
The growth of the HDL cholesterol kits market can
be attributed to the increasing prevalence of
atherosclerosis due to high cholesterol level,
which favours the demand for cholesterol testing.
According to the latest research by FMI, the
global HDL cholesterol kits market is expected to
be valued at US 790 Mn by the end of 2029. The
HDL cholesterol kits market is expected to expand
at a CAGR of 5.0 during the forecast period
2019-2029. The increasing incidence of obesity
and hyperlipidaemia among people is boosting the
need for cholesterol testing, which is driving
the growth of the HDL cholesterol kits market.
The prevalence of obesity has increased from
33.7 in 2007-2008 to 39.7 in 2015-2016 among
adults in the U.S. The increasing prevalence of
obesity also increases the risk of cardiovascular
disorders, high blood pressure, and
hyperlipidaemia. Moreover, the prevalence of
hyperlipidaemia is high among the obese
population. Nearly 60-70 of patients suffering
from obesity have hyperlipidaemia. Other factors,
such as growing awareness programs for
cholesterol testing and growing cholesterol
testing among diabetic patients, are also
propelling the growth of the HDL cholesterol kits
market.
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HDL Cholesterol Kits Market Analysis
Rise of 'Regular Health Check' Trend Uplifts
Prospects in East Asia Low awareness in middle-
and low-income countries about cholesterol
testing and other healthcare testing are also
among the major factors that are expected to
hamper the growth of the HDL cholesterol kits
market. There is low awareness about diseases
such as dyslipidaemia and hypercholesterolemia in
middle-income countries and rural areas.
Moreover, the chances of errors and inaccuracy in
HDL cholesterol testing methods, such HDL
cholesterol precipitating method, are among
factors expected to restrain the growth of the
HDL cholesterol kits market. The North America
HDL cholesterol kits market gain a maximum value
share in 2018. However, the East Asia HDL
cholesterol kits market expected to witness
prominent growth owing to the higher demand for
cholesterol testing in countries such as China
and Japan. Developing countries, such as China
and India, represent a significant growth rate in
the HDL cholesterol kits market due to the
growing adoption of regular healthcare testing.
The Middle East Africa HDL cholesterol kits
market is expected to witness a sluggish growth
rate as compared to other regions.
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HDL Cholesterol Kits Market Analysis
The global HDL cholesterol kits market has been
studied based on the product type and end user.
Based on the product type, the HDL cholesterol
kits market has been segmented into HDL
cholesterol precipitating reagent kit, HDL
cholesterol direct reagent kit, and HDL and
LDL/VLDL assay kit. The HDL and LDL/VLDL assay
kit product type segment is expected to hold a
prominent share in the global HDL cholesterol
kits market. Based on end user, the HDL
cholesterol kits market has been segmented into
hospitals, clinics, and diagnostic laboratories.
In terms of revenue, the hospitals segment of the
HDL cholesterol kits market was a significant
market for HDL cholesterol kits in
2018. Partnerships and Acquisitions Governing
the Competition Landscape Some of the key
players operating in the HDL cholesterol kits
market are Diazyme Laboratories, Inc., Randox
Laboratories Limited, Fujifilm Holding
Corporation, Thermo Fisher Scientific, Abcam
plc., Merck KGaA, Abbott Laboratories, Danaher
Corporation (Beckman Coulter Inc.), PerkinElmer,
Inc., and Hoffmann-La Roche Ltd.
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HDL Cholesterol Kits Market Analysis
Players in the HDL cholesterol kits market are
focusing on partnerships and acquisitions with
regional and global players to increase their
sales worldwide. For instance, through the
acquisition of Wako Pure Chemical, Fujifilm
Holding Corporation expand its presence in the
life science and chemical sectors. Request for
covid19 Impact Analysis https//www.futuremarketi
nsights.com/covid19/rep-gb-11161 The
manufacturers of HDL cholesterol kits are
focusing on the expansion of their presence in
key markets such as the Asia Pacific, the Middle
East, and Europe through distribution agreements
and the opening of new manufacturing facilities.
The manufacturers of HDL cholesterol kits are
also focusing on the development of point-of-care
testing as it is more helpful and convenient for
making quicker decisions. Moreover, HDL
cholesterol kits industry stakeholders are
focusing on the addition of direct reagent kits
in their product portfolios.
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HDL Cholesterol Kits Market Analysis

• Source link https//www.prnewswire.com/news-relea
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  rtunity-worth-us-790-mn-by-2029-end--future-market
  -insights-300887313.html
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HDL Cholesterol Kits Market Analysis
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