Endocrine Testing Market 2022 Emerging Trends

The endocrine system consists of endocrine glands such as pituitary, pineal, parathyroid, hypothalamus, adrenal, thyroid, thymus, ovaries, and testes. These glands are responsible for the secretion of hormones and regulate function and metabolism. Endocrine testing helps in measuring the levels of hormones and to confirm normal functioning of the endocrine glands. There are different tests for different endocrine disorders. Insulin test is used to determining the blood glucose level in diabetes patients. Estradiol test is done for checking infertility and in abnormal menstrual periods. Cortisol test is done to find the problems of adrenal or pituitary glands. Progesterone test is done to find the cause of infertility and check the risk of miscarriage. Human Chorionic Gonadotropin (hCG) hormone test is done for confirming pregnancy. Thyroid stimulating hormone (TSH) test is done to check the functionality of thyroid gland. Testosterone test is done in case of delayed puberty.
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The major factor driving the Endocrine Testing market is increase in prevalence of diabetes. According to International Diabetes Federation, in 2015, diabetes affected 415 million people worldwide and this number is expected to reach up to 642 million by 2040. It also states that worldwide, around 542,000 children were suffering from type 1 diabetes. Additionally, increase in prevalence of endocrine disorders will also fuel the growth of this market. For instance according to International Osteoporosis Foundation, in 2014, there were around 125 million people with osteoporosis in Europe, India, Japan and the U.S. Moreover, increasing in prevalence of obesity is set to drive the market. For instance, according to WHO, in 2014, more than 1.9 billion adults, 18 years and older were overweight. Out of these, over 600 million were obese. Moreover, it also states that, in 2014, 41 million children whose age was under 5 were obese or overweight. Increase in prevalence of geriatric population coupled with chronic diseases will also drive this market. According to WHO, in 2015, 900 million people were 60 years of age or older and this number is expected to reach up to 2 billion by 2050. However, high cost of the technology will hamper the growth of the endocrine testing market.
The key strategy followed by the major players in the market is product launch to gain more share and competitive edge over the competitors. For instance, in April 2013, F. Hoffmann La-Roche AG launched Elecsys Calcitonin which is a new test for diagnosis and monitoring of thyroid cancer. With the launch of Elecsys Calcitonin, F. Hoffmann La-Roche AG will gain more share and competitive advantage over the competitors.

Major Market Players
Ø  Quest Diagnostics
Ø  SCIEX Pte. Ltd.
Ø  DiaSorin Inc.
Ø  bioMerieux SA
Ø  Abbott Laboratories
Ø  Bio-Rad Laboratories, Inc.
Ø  F. Hoffmann La-Roche AG
Ø  LabCorp
Ø  Agilent Technologies, Inc.

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ENDOCRINE TESTING MARKET SEGMENTATION:
By Technology:
  • Clinical Chemistry Technology
  • Tandem Mass Spectrometry
  • Immunoassay Technology
  • Sensors Technology
  • Monoclonal and Polyclonal Antibody Technology
  • Other
By Test Type:
  • Insulin Test
  • Estradiol(E2) Test
  • Cortisol Test
  • Progesterone Test
  • Human Chorionic Gonadotropin (hCG) Hormone Test
  • Cortisol Test
  • Dehydroepiandrosterone Sulfate (DHEAS) Test
  • Prolactin Test
  • Luteinizing Hormone (LH) Test
  • Thyroid Stimulating Hormone (TSH) Test
  • Testosterone Test
  • Others
By End User:
  • Ambulatory Care Centers
  • Commercial Laboratories
  • Hospitals
  • Other
By Region:
  • North America
o    U.S
o    Canada
o    Mexico
  • Europe
o    Germany
o    France
o    UK
o    Italy
o    Spain
o    Rest of Europe
  • Asia-Pacific
o    Japan
o    China
o    Australia
o    India
o    South Korea
o    Rest of Asia-Pacific
  • Rest of the World
o    Brazil
o    South Africa
o    Saudi Arabia
o    Turkey
o    United Arab Emirates
o    Others

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Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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