Global Metabolic Testing Market Size

Metabolic Testing Market Analysis

The Global Metabolic Testing Market size is estimated at USD 558.74 million in 2024, and is expected to reach USD 796.93 million by 2029, growing at a CAGR of 7.36% during the forecast period (2024-2029).

The COVID-19 pandemic significantly impacted the metabolic testing market due to increased sedentary lifestyles and reduced physical activities due to the lockdown. For instance, as per the article published in March 2021 in MedRxiv journal, the COVID-19 epidemic increased sedentary lifestyles and unhealthy dietary habits. As a result of the increase in metabolic diseases caused by unhealthy dietary habits, the demand for metabolic testing soared during the pandemic. In the post-pandemic situation, as the restrictions were lifted, the market is likely to witness growth due to the rise in obesity and other metabolic disorders coupled with the advancements in metabolic testing.

The market is primarily driven by the growing incidence and prevalence rate of various lifestyle-related diseases such as heart diseases, hypertension, high cholesterol, diabetes, and obesity worldwide and technological advances in metabolic testing. For instance, as per the World Obesity Atlas 2022, by 2030, it is predicted that 1 in 5 women and 1 in 7 men are likely to be living with obesity, equating to over 1 billion people globally.

Similarly, as per America's Health Rankings, 35.7% of adults reported having their cholesterol checked and considered high in 2021 in the United States. As per the same source, 14.2% of adults reported by a health professional that they had angina or coronary heart disease, a heart attack or myocardial infarction, or a stroke in West Virginia in 2021. Thus, the high burden of diseases is expected to increase the demand for metabolic testing. Additionally, as per the May 2021 data from the WHO, about 1.13 billion people worldwide have hypertension, of which two-thirds live in low- and middle-income countries. Thus, with the growing prevalence of such lifestyle diseases, the demand for metabolic testing is expected to increase as a growing trend toward monitoring health parameters.

Factors such as a huge pool of obese patients, an increase in the prevalence of metabolic disorders, technological advancements, and rising health and fitness consciousness are expected further to augment the market's growth over the forecast period. For instance, in February 2022, AliveCor launched KardiaMobile Card, the slimmest, most convenient personal ECG device which fits easily into any wallet and delivers a medical-grade, single-lead ECG in 30 seconds. Additionally, numerous awareness programs run globally to emphasize the significance of testing and treatment options for metabolic diseases. For instance, in May 2022, the American Liver Foundation conducted a countrywide screening and public awareness program, 'Think Liver Think Life,' to test at-risk children and adults in all 50 states over the next five years to address the increase in fatty liver disease.

Therefore, the increasing prevalence of lifestyle diseases such as cardiovascular disease, obesity, and diabetes, technological advancements, and healthcare expenditure are the key driving factors in the metabolic testing market. However, the high cost of Equipment and Software restrains the market growth over the forecast period.