Market Overview:
The global cholesterol meters market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of obesity and other lifestyle-related diseases, growing demand for point-of-care diagnostics, and technological advancements in cholesterol meters. The global cholesterol meters market is segmented on the basis of type into single index detection and multi-indicator detection. The single index detection segment is expected to account for the majority share of the global cholesterol meters market in 2018. However, the multi-indicator detection segment is projected to grow at a higher CAGR during the forecast period owing to its ability to detect various lipid parameters simultaneously. On the basis of application, the global cholesterol meters market is divided into household and commercial segments.
Product Definition:
A cholesterol meter is a device that is used to measure the amount of cholesterol in the blood. Cholesterol meters are important because they can help people to track their cholesterol levels and make changes to their diet or lifestyle if needed.
Single Index Detection:
Single index detection is a technique used in cholesterol meters to reduce the number of false readings. The presence or absence of a particular food ingredient will have an effect on the way the body metabolizes and responds to dietary cholesterol. This can be attributed to genetic variations among individuals, which determine their sensitivity towards dietary lipids such as cholesterol.
Multi-indicator Detection:
Multi-indicator detection is a combination of two or more indicators that work together to monitor and detect the presence of an analyte. The most common multi-indicators used in cholesterol meters are CRP (C-reactive protein), hs-CRP (high sensitivity C-reactive protein), TNF (tumor necrosis factor), IL (interleukin) and fibrinogen.
Application Insights:
The commercial sector dominated the global cholesterol meters market in 2017, accounting for over 60% of the overall revenue. Rising awareness about preventive healthcare and efforts to reduce chronic diseases such as heart diseases and cancer are some of the key factors driving the demand from commercial segment.
Household application is expected to be one of fastest growing segments during forecast period owing to increasing awareness about maintaining a healthy lifestyle through regular exercise and proper food habits among consumers in developing countries including India, China, Thailand etc.
Regional Analysis:
North America dominated the global cholesterol meters market in 2017. This can be attributed to the presence of sophisticated healthcare infrastructure, high awareness levels coupled with a proactive government support for disease prevention. The U.S., in particular, is one of the most developed countries regarding healthcare and has implemented several initiatives to improve public health including mass medication programs and control of infectious diseases such as swine flu & Ebola virus disease (EVD). These factors are expected to contribute towards higher product penetration in this region over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving economic conditions leading to an increase in disposable income along with rising population obesity & diabetes prevalence rates especially among youth groups resulting from sedentary lifestyles which further increases susceptibility risk factors for cardiovascular diseases such as hypertension, stroke etc.
Growth Factors:
- Increasing prevalence of lifestyle diseases such as obesity and diabetes, which are major risk factors for heart diseases. This is expected to drive the demand for cholesterol meters in the coming years.
- Growing awareness about the importance of early diagnosis and treatment of heart diseases among consumers is another key factor driving the growth of this market.
- Technological advancements in cholesterol meters are resulting in enhanced accuracy and convenience, which is further propelling market growth.
- The increasing number of private diagnostic laboratories and hospitals is providing a boost to the sales of cholesterol meters across different regions worldwide. 5) The growing popularity of home health care services is also aiding market growth by providing an impetus to home-based cholesterol testing
Scope Of The Report
Report Attributes
Report Details
Report Title
Cholesterol Meters Market Research Report
By Type
Single Index Detection, Multi-indicator Detection
By Application
Household, Commercial
By Companies
ACON, Ciga Healthcare, Nanobiosys, OSANG Healthcare, Prima Lab SA, SD BIOSENSOR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Cholesterol Meters Market Report Segments:
The global Cholesterol Meters market is segmented on the basis of:
Types
Single Index Detection, Multi-indicator Detection
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ACON
- Ciga Healthcare
- Nanobiosys
- OSANG Healthcare
- Prima Lab SA
- SD BIOSENSOR
Highlights of The Cholesterol Meters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Index Detection
- Multi-indicator Detection
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cholesterol Meters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cholesterol meter is a medical device that measures the amount of cholesterol in a person's blood. Cholesterol meters are used to diagnose and monitor heart disease, stroke, and other conditions.
Some of the major companies in the cholesterol meters market are ACON, Ciga Healthcare, Nanobiosys, OSANG Healthcare, Prima Lab SA, SD BIOSENSOR.
The cholesterol meters market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cholesterol Meters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cholesterol Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cholesterol Meters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cholesterol Meters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cholesterol Meters Market Size & Forecast, 2020-2028
4.5.1 Cholesterol Meters Market Size and Y-o-Y Growth
4.5.2 Cholesterol Meters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Index Detection
5.2.2 Multi-indicator Detection
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cholesterol Meters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cholesterol Meters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Index Detection
9.6.2 Multi-indicator Detection
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Index Detection
10.6.2 Multi-indicator Detection
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Index Detection
11.6.2 Multi-indicator Detection
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Index Detection
12.6.2 Multi-indicator Detection
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Index Detection
13.6.2 Multi-indicator Detection
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cholesterol Meters Market: Competitive Dashboard
14.2 Global Cholesterol Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACON
14.3.2 Ciga Healthcare
14.3.3 Nanobiosys
14.3.4 OSANG Healthcare
14.3.5 Prima Lab SA
14.3.6 SD BIOSENSOR
