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Cholesterol Testing Services Market Shows Expected Growth from 2018-2026

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Cholesterol helps to make the outer layer of the cells in body, produce bile acids, which help in digestion and absorption of dietary fats. However, high cholesterol in the blood, could lead to development of fatty patches on the walls of blood vessels, known as atheroma. Blood testing is the only way to check cholesterol levels in the body. The Adult Treatment Panel of the National Cholesterol Education Program (NCEP) recommends that all adults aged 20 years and above should have a fasting lipoprotein profile (total cholesterol, LDL cholesterol, HDL cholesterol, and triglyceride) tested, once every five years, to screen for coronary heart disease risk. Such initiatives from organizations is expected to aid in positive growth of the global cholesterol testing service market.

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Market Dynamics

Increasing prevalence of high cholesterol among population is expected to drive growth of the market in the near future. For instance, according to American Heart Association, around 7.8% of adolescents aged 12—19 years have total cholesterol levels ≥200 mg/dL, and about 98.9 million people in the U.S. aged 20 years and above have total blood cholesterol levels of 200 milligrams per deciliter (mg/dL) in 2013. Furthermore, increasing geriatric and obese population is also expected to drive demand for cholesterol testing services as the prevalence of high cholesterol is more in aged and obese population. For instance, according to Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, around 12.4% of the population in the Asia Pacific region was aged 60 years or above, which is expected to reach 1.3 billion people by 2050. According to a study published by The Organisation for Economic Co-operation and Development (OECD) in 2015, across the OECD, 19.5% of the adult population was reported obese. This rate ranges from less than 6% in Korea and Japan to over 30% in Hungary, New Zealand, Mexico, and the U.S. over one in four adults is reported obese in Australia, Canada, Chile, South Africa, and the U.K.

Increasing prevalence of high cholesterol among population is expected to drive growth of the global cholesterol testing services market in the near future

According to a study published by Center for Disease Control and Prevention in 2012, about 95 million adults in the U.S. aged 20 years or older have total cholesterol levels greater than 200 mg/dL, and nearly 29 million adults have total cholesterol levels higher than 240 mg/dL in the U.S. As per medical standard, total cholesterol level below 200 mg/dl is good, and between 200-239 mg/dl is called as borderline. Increasing prevalence of high cholesterol among the populace is expected to increase demand for its diagnosis and testing, which conversely is expected to create a conducive environment for growth of global cholesterol testing services market.

Key players operating in the global cholesterol testing services market include Quest Diagnostics Incorporated, Spectra Laboratories Inc., Bio-Reference Laboratories Inc., Eurofins Scientific (Luxembourg), Clinical Reference Laboratory, Inc. (CRL), ACM Medical Laboratory, Adicon Clinical Laboratory, Unilabs, SYNLAB International GmbH, and Laboratory Corporation of America Holdings (LabCorp).

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Increasing number of obese and geriatric population is expected to fuel growth of the market

Obese and geriatric population is at high risk of elevated cholesterol levels, as the concentration of cholesterol in plasma increase with age, which is expected to fuel growth of the cholesterol testing services market. According to a study published by National Center for Biotechnology Information (NCBI) in 2013, the cholesterol level increases in men from puberty to 45-55 years. Moreover. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) 2016, Asia Pacific region constitutes around 60% of the world’s geriatric population. It is estimated that in 2016, around 547 million people were aged above 60 years in Asia Pacific region and this number is expected to double and reach around 1.3 billion by 2050.

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