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Cellular Health Screening Market Size To Reach USD 6.23 Billion By 2028 | Top key Players Genova Diagnostics, Telomere Diagnostics, Life Length

08-30-2021 02:09 PM CET | Health & Medicine

Press release from: Reports and Data

Cellular Health Screening Market

Cellular Health Screening Market

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

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.

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.

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Market Dynamics:

Increasing development of on-demand, digitally enabled, and seamlessly connected clinician-patient interactions to manage patient base is expected to drive pharma and healthcare market in the coming years. After the COVID-19 outbreak there has been a number of foundational shifts in the healthcare system. Some of the examples include increasing consumer involvement in health care decision-making, the rapid adoption of virtual health & other digital innovations, increasing focus on utilization of interoperable data & data analytics, and increased public-private collaborations in therapeutics and vaccine development. The increased public-private collaborations for vaccine development has arisen due to high pressure of regional governments. Health care providers, and other stakeholders have invested heavily to quickly pivot, adapt, and innovate therapeutics.

Surging demands and transition to patient-centric care delivery across geographies will change pharma and healthcare market trends through 2028.

Competitive Outlook:

The report focuses on current and emerging trends in the healthcare industry such as incorporation of IoT and Machine Learning to enhance efficiency of medical products. Top companies in the market are focusing on R&D activities to expand their product offerings and cater to unmet medical needs.

This report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts.

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
o Telomere Tests
o Oxidative Stress Tests
o Inflammation Tests
o Heavy Metal Tests
• Multi-test Panels

Sample Type Outlook (Revenue, USD Billion; 2018-2028)

• Blood
• Urine
• Saliva
• Serum
• Others

Sample Collection Site Outlook (Revenue, USD Billion; 2018-2028)

• At-home
• In-office
• Hospitals
• Diagnostic Laboratories

Regional Outlook (Revenue, USD Billion; 2018-2028)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

The report segments the Cellular Health Screening market on the basis of product types, applications, end-use industries, and regions among others. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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