Global Cellular Health Testing Industry (2020 to 2027) - Growing Popularity of Direct-To-Consumer Approach to Testing Drives Market Demand - ResearchAndMarkets.com

The "Cellular Health Testing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Cellular Health Testing estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$4.2 Billion by 2027, growing at a CAGR of 8.5% over the period 2020-2027.

Single-Test Panels, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$2.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-Test Panels segment is readjusted to a revised 10.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $695.6 Million, While China is Forecast to Grow at 8% CAGR

The Cellular Health Testing market in the U.S. is estimated at US$695.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$729.1 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

Select Competitors (Total 46 Featured):

• Bio-Reference Laboratories, Inc.
• Cell Science Systems Corp.
• Cleveland Heartlab, Inc.
• Dna Labs India
• Genova Diagnostics
• Immundiagnostik AG
• Laboratory Corporation of America Holdings
• Life Length
• Quest Diagnostics, Inc.
• Repeat Diagnostics Inc. (Repeat Dx)
• Segterra, Inc.
• SpectraCell Laboratories, Inc.
• Telomere Diagnostics, Inc. (Tdx)
• Zimetry LLC

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Cellular Health Testing - Revolutionary Technology Provides Overview of Health at Cellular Level
• North America Projected to Retain Maximum Share in the Market
• Rising Demand for Accurate Telomere Length Test Steers Market Growth
• Digital Transformation in Healthcare to Offer Significant Market Gains
• Focus on Healthy Life Expectancy (HLE) as a Measure of Population Health Promise Growth Opportunities
• Cellular Approach to Tackle Chronic Diseases Ensure Steady Growth Prospects
• Continuous Rise in Geriatric Population Throws Focus on Cellular Heath Screening
• Government Policies and Measures Promoting Preventative Healthcare Augurs Well
• Personalized and Precision Medicine Presents Application Opportunities for Cellular Health Screening
• Growing Popularity of Direct-To-Consumer Approach to Testing Drives Market Demand
• Key Challenges
• Limited Reimbursement
• Challenges in Sample Transportation
• Variation in Pricing of Test Kits
• Covid-19 Impact on Cellular Health Testing Market

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/uoxayy

View source version on businesswire.com: https://www.businesswire.com/news/home/20211026006039/en/