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Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Endocrine Testing Market to Surpass US$ 4878.1 Million by 2027, Says Coherent Market Insights (CMI)

September 25, 2020 GMT

SEATTLE--(BUSINESS WIRE)--Sep 25, 2020--

According to Coherent Market Insights, the global endocrine testing market is estimated to be valued at US$ 3,403.0 million in 2020 and is expected to exhibit a CAGR of 5.3 % over the forecast period (2020-2027).

Key Trends and Analysis of the Global Endocrine Testing Market:

Increase in product approvals in the global endocrine testing market is expecting to drive the market growth of global endocrine testing market. For instance, in August 2020, DiaSorin, a biotechnological company, received CE marking for a novel Liaison Testosterone xt test used in diagnosis of fertility disorders in individuals such as hypogonadism in men and hypergonadism in men and women.

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Increasing prevalence of testosterone disorders in individuals across the world is expected to drive the market growth of global endocrine testing. According to the report by National Center for Biotechnology Information in 2020, hypogonadism has affected approximately 40% of men above age 40 and 50% of men of age till 80.

Among region, North America endocrine testing market is expected to register higher growth rate, as companies are focused on strengthening their offerings in several areas of endocrine testing applications. For instance, LGC Maine Standards announced the launch of VALIDATE ACTHVerification Kit for fast and analytical measurement range (AMR) for identification of adrenocorticotropic hormone (ACTH).

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Key Market Takeaways:

The global endocrine testing market is expected to exhibit a CAGR of 5.3 % over the forecast period, owing to increasing trend of strategic collaborations, increasing product launches, and increasing mergers and acquisitions.

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Competitive Landscape:

Key players operating in global endocrine testing market include Abbott Laboratories, Thermo Fisher Scientific, Bio-Rad Laboratories, Inc, Beckmann Coulter, Inc, Agilent Technologies, Inc, Siemens Healthineers AG, BioMérieux SA, Quest Diagnostics, and F. Hoffmann-La Roche AG.

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Market Segmentation:

  • Global Endocrine Testing Market, By Test :
    • Thyroid
    • Insulin
    • Follicle Stimulating Hormone
    • Luteinizing
    • Hormone
    • Estradiol
    • Testosterone
    • Progesterone
    • Human Chorionic Gonadotropin
    • Prolactin
    • Cortisol DHEA-S
    • Others

  • Global Endocrine Testing Market, By Diagnostic Technology :
    • Immunoassay
    • Tandem Mass Spectroscopy
    • Monoclonal and Polyclonal Antibodies
    • Sensors Technologies
    • Clinical Chemistry
    • Others

  • Global Endocrine Testing Market, By End User :
    •  Hospitals
    • Diagnostic Laboratories
    • Others
  • Global Endocrine Testing Market , By Region:
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • Central Africa
      • North Africa

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Read more: https://www.coherentmarketinsights.com/market-insight/chromatography-market-4072

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200925005156/en/

CONTACT: Mr. Shah

Senior Client Partner – Business Development

Coherent Market Insights

Phone:

US:+1-206-701-6702

UK:+44-020-8133-4027

Japan:+81-050-5539-1737

India:+91-848-285-0837

Email:sales@coherentmarketinsights.com

Website:https://www.coherentmarketinsights.com

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KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BIOTECHNOLOGY PHARMACEUTICAL ONCOLOGY GENERAL HEALTH HEALTH CONSULTING HOSPITALS PROFESSIONAL SERVICES

SOURCE: Coherent Market Insights

Copyright Business Wire 2020.

PUB: 09/25/2020 09:23 AM/DISC: 09/25/2020 09:23 AM

http://www.businesswire.com/news/home/20200925005156/en