HDL Cholesterol Kits Market Snapshot

Study Period: | 2018 - 2026 |
Base Year: | 2021 |
Fastest Growing Market: | Asia Pacific |
Largest Market: | North America |
CAGR: | 6.2 % |
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Market Overview
The HDL Cholesterol Kits market studied was projected to grow with a CAGR of 6.2% over the forecast period. The major factor attributing to the growth of the market is the increase in the prevalence of obesity and hyperlipidemia. According to the World Health Organization, in 2018, 40 million children under the age of 5 years were overweight or obese. According to OECD, Obesity levels are expected to be particularly high in the United States, Mexico, and England, where 47%, 39% and 35% of the population respectively are projected to be obese in 2030. Furthermore, the growing importance of cholesterol screening diabetics patients and increasing awareness programs on high cholesterol is boosting the market growth. However, errors and inaccuracy in HDL Cholesterol testing kits constraints the market.
Scope of the Report
As per the scope of the report HDL Cholesterol Kits are fluorometric assay that can measure the amounts of HDL cholesterol present in plasma or serum samples within a 96-well microtiter plate format. This report is segmented by Product Type, End-User, and Geography.
By Product Type | |
HDL and LDL/VLDL assay kit | |
HDL Cholesterol Direct Reagent Kit |
By End-User | |
Hospitals | |
Diagnostic Laboratories | |
Others |
Geography | ||||||||
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Key Market Trends
HDL and LDL/VLDL Assay Kit Segment is Dominating the HDL Cholesterol Kits Market.
HDL and LDL/VLDL Assay Kit is a quantitative colorimetric determination of HDL and LDL/VLDL cholesterol. Lipoproteins are strong predictors for coronary heart disease. Functional HDL offers protection by removing cholesterol from cells and atheroma. Higher concentrations of LDL and lower concentrations of functional HDL are strongly associated with cardiovascular disease due to a higher risk of atherosclerosis. The balances between high and low-density lipoproteins are solely genetically determined but can be changed by medications, food choices and other factors. The dominant share of the segment over the other is due to the varied range of function, by using these kits one can measure all the three type of lipoproteins, unlike the HDL cholesterol direct reagent kit. Furthermore, the increasing prevalence of obesity and hyperlipidemia is propelling the segment growth.

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North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, high prevalence of obesity and hyperlipidemia in the region, established healthcare infrastructure are some of the key factors accountable for its large share in the market. In this region the United States has the maximum share due to supportive healthcare policies, a high number of patients, and a developed healthcare market. According to the CDC, the prevalence of obesity was 42.4% in 2017-2018. As per the statistics, the increasing patient pool and increasing disposable revenue in this country boost the market growth of the region.

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Competitive Landscape
The HDL Cholesterol Kits market is moderately competitive and consists of several major players. The major players of HDL cholesterol kits are focusing on the expansion of their presence in key markets such as the Asia Pacific, the Middle East, and Europe through distribution agreements and the opening of new manufacturing facilities. Some of the companies which are currently dominating the market are Abbott, Randox Laboratories Ltd., Thermo Fisher Scientific, Abcam plc, Merck KGaA, PerkinElmer, Inc, Diazyme Laboratories, Inc, Cell Biolabs, Inc., Oscar Medicare Pvt. Ltd.
Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Incidence of Obesity and Hyperlipidaemia
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4.2.2 Growing Importance of Cholesterol Screening among Diabetic Patients
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4.2.3 Growing Awareness Programs for Risk High Cholesterol
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4.3 Market Restraints
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4.3.1 Errors and Inaccuracy in HDL Cholesterol Testing Methods
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 HDL and LDL/VLDL assay kit
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5.1.2 HDL Cholesterol Direct Reagent Kit
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5.2 By End-User
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5.2.1 Hospitals
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5.2.2 Diagnostic Laboratories
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5.2.3 Others
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.2 Europe
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5.3.2.1 Germany
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5.3.2.2 United Kingdom
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5.3.2.3 France
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5.3.2.4 Italy
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5.3.2.5 Spain
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5.3.2.6 Rest of Europe
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5.3.3 Asia-Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 South Korea
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5.3.3.6 Rest of Asia-Pacific
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5.3.4 Middle-East and Africa
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5.3.4.1 GCC
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5.3.4.2 South Africa
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5.3.4.3 Rest of Middle-East and Africa
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5.3.5 South America
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5.3.5.1 Brazil
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5.3.5.2 Argentina
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5.3.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Abbott Laboratories
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6.1.2 Randox Laboratories Ltd.
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6.1.3 Thermo Fisher Scientific
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6.1.4 Abcam plc
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6.1.5 Merck KGaA
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6.1.6 PerkinElmer, Inc
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6.1.7 Diazyme Laboratories, Inc
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6.1.8 Cell Biolabs, Inc.
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6.1.9 Oscar Medicare Pvt. Ltd
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The HDL Cholesterol Kits Market market is studied from 2018 - 2026.
What is the growth rate of HDL Cholesterol Kits Market?
The HDL Cholesterol Kits Market is growing at a CAGR of 6.2% over the next 5 years.
Which region has highest growth rate in HDL Cholesterol Kits Market?
Asia Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in HDL Cholesterol Kits Market?
North America holds highest share in 2021.
Who are the key players in HDL Cholesterol Kits Market?
Abbott , Randox Laboratories Ltd., Thermo Fisher Scientific, Abcam plc, Merck KGaA are the major companies operating in HDL Cholesterol Kits Market.