Rising application of cellular health screening in personalized medicine, increasing global geriatric population, and growing awareness about cellular biomarkers are key factors driving market growth
New York, January 20,2022- The global cellular health screening market size is expected to reach USD 6.23 billion by 2028 at a CAGR of 10.3%, according to the latest report by Reports and Data. Increasing global burden of chronic diseases, growing importance of cellular health screening, and rising focus on preventive healthcare are key factors expected to drive market revenue growth over the forecast period. In addition, increasing research on cellular biomarkers, rapid adoption of direct-to-customer approaches, and growing application of cellular health screening in precision medicine are expected to contribute to revenue growth of the market going ahead.
Cellular health plays a pivotal role in offering information about health conditions of an individual. Cellular health screening offers a comprehensive overview of patients’ health at a cellular level and enables healthcare practitioners and physicians identify areas that require support to develop personalized treatment plans. The test is primarily used to examine inflammatory conditions such as allergies, asthma, arthritis, and certain autoimmune conditions. It can also be used to monitor body’s response to personalized treatment approaches. The tests are non-invasive and are recommended when a person wants to boost energy levels, improve health and fitness, lose weight, and achieve muscle toning. Growing awareness about healthy lifestyle and increasing focus on preventive healthcare measures are expected to further fuel market growth over the forecast period.
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Increasing research and development activities to produce novel drugs and supplements to boost cellular health and growing number of preclinical studies worldwide are some other key factors driving market growth. In addition, growing adoption of telomere performance programs owing to increasing awareness about crucial role of telomeres in cellular health is expected to fuel market growth over the forecast period. However, risks associated with transportation of samples and high costs of kits are expected to hamper market growth to a certain extent during the forecast period.
Some Key Highlights from the Report:
- Single-test panel segment is expected to account for largest share in terms of revenue, which is attributable to increasing need to screen for individual biomarkers and obtain accurate information about risk of diseases.
- Blood sample segment is expected to register significant revenue growth over the forecast period owing to rising adoption of direct-to-customer approach and advantages such as easy sample collection and accurate and reliable test results.
- Hospitals segment is expected to account for significant revenue share in the global market over the forecast period owing to abundance of skilled healthcare professionals, integration of cellular health screening in routine checkup, and convenient and safe testing.
- North America is expected to account for largest revenue share in the global market owing to growing awareness about benefits of healthy lifestyle, increasing adoption of cellular health screening, rising prevalence of chronic diseases, and increasing focus of governments on preventive healthcare in the region.
- Key companies in the market include Genova Diagnostics, Telomere Diagnostics, Life Length, Quest Diagnostics, Repeat Diagnostics, SpectraCell Laboratories, Zimetry LLC, Cell Science Systems, Titanovo, Inc., Segterra, Inc., LabCorp Holdings, BioReference Laboratories, Immundiagnostik AG, and Cleveland HeartLab, Inc., among others.
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For the purpose of this report, Reports and Data has segmented the cellular health screening market based on type, sample type, sample collection site, and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
- Single-test Panels
- Telomere Tests
- Oxidative Stress Tests
- Inflammation Tests
- Heavy Metal Tests
- Multi-test Panels
Sample Type Outlook (Revenue, USD Billion; 2018-2028)
Sample Collection Site Outlook (Revenue, USD Billion; 2018-2028)
- Diagnostic Laboratories
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Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Some points on how the report benefits stakeholders:
- The reports include historical (2018–2020) and forecast (2021–2028) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2028.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
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