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Esoteric Testing Market Share

Report ID: GMI1922
Published Date: Mar 2022
Report Format: PDF

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Esoteric Testing Market Share

Several notable market players in the esoteric testing market are :

ACM Global Laboratories
Laboratory Corporation of America
Quest Diagnostics
Fulgent Genetics
Arup Laboratories
Mayo Medical Laboratories
Invitae
OPKO Health
Myriad Genetics
Nordic Laboratories
Genomic Health
American Esoteric Laboratories (AEL)
Miraca Holdings and BioMONTR

These business players are undertaking several growth strategies such as launch of new tests, acquisition & merger, strategic partnership, and collaboration to expand their market presence and broaden business portfolio.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The global esoteric testing industry size had crossed USD 26 billion in 2021 and is pegged to record a 6.9% CAGR between 2022 and 2028 on account of the rising threat of complex and rare medical disorders worldwide.

The infectious disease and immunology test type segment held over 30% of the esoteric testing market share in 2021 owing to the higher burden of the diseases.

The esoteric testing market share from the chemiluminescence technology segment crossed USD 6.6 billion in 2021 and will grow with the rapidly rising usage for detecting the analyte in low volume test samples.

The esoteric testing in North America is poised to observe a 6.1% CAGR through 2028 due to the surging awareness of the benefits of early disease detection and the rising adoption of esoteric diagnostic techniques in the region.