Market Overview:
The global serum lactate testing market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of cancer, rising awareness about early diagnosis and treatment, and technological advancements in serum lactate testing devices. Based on type, the global serum lactate testing market is segmented into LDH, LDH isoenzyme blood test, lactic acid test, lactose tolerance tests, and others. The LDH segment accounted for the largest share of the global serum lactate testing market in 2017. This segment is expected to grow at a CAGR of 5.9% from 2018 to 2030 due to its high accuracy and reliability for diagnosing various diseases such as cancer and heart failure. Based on application, the global serum lactate testing market is divided into hospitals, clinics,, home care,,and others segments. The hospitals segment accounted for the largest share of th eglobal ser um lac tat e te sting m ar ket i n 2 017 . T his segm ent i s ex pected t o gr ow at a CA G R o f 6 .0 % fr om 2 018 t o 20 28 du e t o th e increasin g incidenc e o f ca ncer an d risin g aw areness abou t earl y diag nosis an d trea timen t .
Product Definition:
Serum lactate is the concentration of lactate in blood. It is a measure of the amount of lactic acid present in the blood serum. Serum lactate testing is used to diagnose and monitor various medical conditions, including heart attack, sepsis, and stroke. It can also be used to monitor the effectiveness of treatment for these conditions.
Lactate Dehydrogenase (LDH):
Lactate dehydrogenase (LDH) is an enzyme that catalyzes the oxidation of lactate to form water and carbon dioxide. The test measures the level of LDH in a sample of blood or urine. This test is used along with other tests like prothrombin time (PT) and partial thromboplastin time (PTT) for measuring the rate at which blood coagulation factors come into contact with fresh plasma/urine samples.
LDH isoenzyme blood test:
The LDH isoenzyme blood test and it's usage in Serum Lactate Testing market is driven by the increasing prevalence of cardiovascular diseases, diabetes, and obesity. The rising geriatric population base that possesses a high susceptibility to develop these aforementioned disorders coupled with the growing awareness levels amongst individuals for early diagnosis are some of the vital factors driving this market.
Application Insights:
The market is segmented based on application into hospitals, clinics, home care and others. The hospital segment dominated the global serum lactate testing market in 2017 due to factors such as increasing prevalence of chronic diseases such as heart disease, cancer and diabetes which require regular medical checkups. In addition, an increase in the number of surgeries has also boosted product demand from hospitals across the globe.
Clinics are expected to be one of the fastest-growing segments over the forecast period owing to factors such as a rise in sports injuries that require clinical diagnosis for proper treatment along with growing awareness about preventive healthcare measures among consumers globally. Moreover, rising disposable income levels coupled with changing lifestyles have led people worldwide towards a greater emphasis on wellness which includes monitoring health indicators through routine checkups by doctors or healthcare professionals.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position during the forecast period. The presence of a large target population, increasing prevalence of chronic diseases, rising awareness about early diagnosis, and availability of advanced diagnostic techniques are some factors responsible for regional growth. In addition, favorable government initiatives aimed at improving healthcare infrastructure are anticipated to fuel industry expansion over the forecast period.
Europe accounted for a significant share in terms of revenue owing to an increase in demand for serological tests from various countries such as Germany and U.K., which indicates high purchasing power among patients & their families.
Growth Factors:
- Increasing incidence of diabetes and other metabolic disorders
- Growing awareness about the benefits of early diagnosis and treatment
- Technological advancements in lactate testing devices and kits
- Rising demand for point-of-care diagnostics
- Expansion of the Serum Lactate Testing market into emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Serum Lactate Testing Market Research Report
By Type
Lactate Dehydrogenase (LDH), LDH isoenzyme blood test, Lactic acid test, Lactose tolerance tests, Others
By Application
Hospitals, Clinics, Home Care, Others
By Companies
ApexBio, EKF Diagnostics, Nova Biomedical, Arkray, F. Hoffmann-La Roche, Beckman Coulter, LifeSpan BioSciences, Aviva Systems Biology Corporation, Accurex Biomedical, Thermo Fisher Scientific, PerkinElmer, Quest Diagnostics, Abcam, Anamol Laboratories Private, Randox Laboratories, Sigma-Aldrich, Merck KGaA
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Serum Lactate Testing Market Report Segments:
The global Serum Lactate Testing market is segmented on the basis of:
Types
Lactate Dehydrogenase (LDH), LDH isoenzyme blood test, Lactic acid test, Lactose tolerance tests, Others
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
Hospitals, Clinics, Home Care, Others
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:
- ApexBio
- EKF Diagnostics
- Nova Biomedical
- Arkray
- F. Hoffmann-La Roche
- Beckman Coulter
- LifeSpan BioSciences
- Aviva Systems Biology Corporation
- Accurex Biomedical
- Thermo Fisher Scientific
- PerkinElmer
- Quest Diagnostics
- Abcam
- Anamol Laboratories Private
- Randox Laboratories
- Sigma-Aldrich
- Merck KGaA
Highlights of The Serum Lactate Testing 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:
- Lactate Dehydrogenase (LDH)
- LDH isoenzyme blood test
- Lactic acid test
- Lactose tolerance tests
- Others
- By Application:
- Hospitals
- Clinics
- Home Care
- Others
- 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 Serum Lactate Testing 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?
Serum lactate testing is a laboratory test that measures the level of lactate in a person's blood. Lactate levels can be high when there is anaerobic activity, such as during intense exercise or during surgery.
Some of the major companies in the serum lactate testing market are ApexBio, EKF Diagnostics, Nova Biomedical, Arkray, F. Hoffmann-La Roche, Beckman Coulter, LifeSpan BioSciences, Aviva Systems Biology Corporation, Accurex Biomedical, Thermo Fisher Scientific, PerkinElmer, Quest Diagnostics, Abcam, Anamol Laboratories Private, Randox Laboratories, Sigma-Aldrich, Merck KGaA.
The serum lactate testing market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Serum Lactate Testing 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 Serum Lactate Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Serum Lactate Testing 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 Serum Lactate Testing 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 Serum Lactate Testing Market Size & Forecast, 2018-2028
4.5.1 Serum Lactate Testing Market Size and Y-o-Y Growth
4.5.2 Serum Lactate Testing Market Absolute $ Opportunity
Chapter 5 Global Serum Lactate Testing 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 Serum Lactate Testing Market Size Forecast by Type
5.2.1 Lactate Dehydrogenase (LDH)
5.2.2 LDH isoenzyme blood test
5.2.3 Lactic acid test
5.2.4 Lactose tolerance tests
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Serum Lactate Testing 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 Serum Lactate Testing Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Home Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Serum Lactate Testing 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 Serum Lactate Testing 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 Serum Lactate Testing Analysis and Forecast
9.1 Introduction
9.2 North America Serum Lactate Testing 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 Serum Lactate Testing Market Size Forecast by Type
9.6.1 Lactate Dehydrogenase (LDH)
9.6.2 LDH isoenzyme blood test
9.6.3 Lactic acid test
9.6.4 Lactose tolerance tests
9.6.5 Others
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 Serum Lactate Testing Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Home Care
9.10.4 Others
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 Serum Lactate Testing Analysis and Forecast
10.1 Introduction
10.2 Europe Serum Lactate Testing 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 Serum Lactate Testing Market Size Forecast by Type
10.6.1 Lactate Dehydrogenase (LDH)
10.6.2 LDH isoenzyme blood test
10.6.3 Lactic acid test
10.6.4 Lactose tolerance tests
10.6.5 Others
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 Serum Lactate Testing Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Home Care
10.10.4 Others
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 Serum Lactate Testing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Serum Lactate Testing 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 Serum Lactate Testing Market Size Forecast by Type
11.6.1 Lactate Dehydrogenase (LDH)
11.6.2 LDH isoenzyme blood test
11.6.3 Lactic acid test
11.6.4 Lactose tolerance tests
11.6.5 Others
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 Serum Lactate Testing Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Home Care
11.10.4 Others
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 Serum Lactate Testing Analysis and Forecast
12.1 Introduction
12.2 Latin America Serum Lactate Testing 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 Serum Lactate Testing Market Size Forecast by Type
12.6.1 Lactate Dehydrogenase (LDH)
12.6.2 LDH isoenzyme blood test
12.6.3 Lactic acid test
12.6.4 Lactose tolerance tests
12.6.5 Others
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 Serum Lactate Testing Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Home Care
12.10.4 Others
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) Serum Lactate Testing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Serum Lactate Testing 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) Serum Lactate Testing Market Size Forecast by Type
13.6.1 Lactate Dehydrogenase (LDH)
13.6.2 LDH isoenzyme blood test
13.6.3 Lactic acid test
13.6.4 Lactose tolerance tests
13.6.5 Others
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) Serum Lactate Testing Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Home Care
13.10.4 Others
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 Serum Lactate Testing Market: Competitive Dashboard
14.2 Global Serum Lactate Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ApexBio
14.3.2 EKF Diagnostics
14.3.3 Nova Biomedical
14.3.4 Arkray
14.3.5 F. Hoffmann-La Roche
14.3.6 Beckman Coulter
14.3.7 LifeSpan BioSciences
14.3.8 Aviva Systems Biology Corporation
14.3.9 Accurex Biomedical
14.3.10 Thermo Fisher Scientific
14.3.11 PerkinElmer
14.3.12 Quest Diagnostics
14.3.13 Abcam
14.3.14 Anamol Laboratories Private
14.3.15 Randox Laboratories
14.3.16 Sigma-Aldrich
14.3.17 Merck KGaA
