The report "Endocrine Testing Market by Type (Thyroid, Insulin, HCG, Prolactin, Progesterone, LH, FSH), Technology (Immunoassay, Tandem Mass Spectroscopy, Clinical Chemistry), End User (Hospitals, Clinical Laboratories) -Global Forecast to 2027", size is projected to reach USD xx million by 2027 from USD xx million in 2022, at a CAGR of xx% during the forecast period.
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Market is driven by factors such as the rising cases of endocrine diseases and their increasing diagnosis. On the other hand, the high cost of certain endocrine tests is expected to limit market growth to a certain extent in the coming years.
“The insulin segment accounted for the largest market share in the Endocrine Testing market, type, during the forecast period”
The Endocrine Testing Market is segmented into thyroid test, insulin test, human chorionic gonadrotrophin test, prolactin test, luteinizing test, Progesterone, Estradiol (E2), Follicle Stimulating Hormone (FSH) test, Dehydroepiandrosterone sulfate (DHEAS) test, Testosterone Test, Cortisol Test, and other tests. In 2021, insulin segment dominated the market due to the high volume of insulin test and the rising prevalence of diabetes.
“Immunoassay segment accounted for the largest market share”
Based on the technology, the Endocrine Testing Market is segmented into immunoassay, tandem mass spectroscopy, clinical chemistry and other technology. In 2021, immunoassay segment held the dominating share, owing to its wide scale application in the diagnosis and research of diseases, .
“APAC region accounted for the highest CAGR”
The global Endocrine Testing market is divided into five regions: North America, Asia-Pacific, Europe, and Rest of the World. According to the regional analysis, the North America region is expected to retain a dominant market share in 2021 and in the coming years. The North America Endocrine Testing market is being fueled by the rising in the cases of endocrine disorders, expanding geriatric population, and advanced healthcare and research infrastructure. Asia Pacific, on the other hand, will experience significant growth in the coming years due to the emerging medical infrastructure, and increasing awareness of the endocrine diseases diagnosis. The major players operating in this market are Abbott Laboratories (US), AB Sciex, Agilent Technologies (US), bioMerieux SA (France), and Bio Rad Laboratories (US).
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