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Global Esoteric Testing Market: Size & Forecasts with Impact Analysis of COVID-19 (2021-2025)

  • ID: 5448150
  • Report
  • September 2021
  • Region: Global
  • 100 Pages
  • Daedal Research

FEATURED COMPANIES

  • ARUP Laboratories
  • OPKO Health
  • Quest Diagnostics
  • Sonic Healthcare Limited
This report provides an in depth analysis of the global esoteric testing market by value, by testing type, by technology, by laboratory type, by region, etc. The report provides a regional analysis of the esoteric testing market, including the following regions: North America, Europe, Asia Pacific, and ROW. The report also provides a detailed analysis of the COVID-19 impact on the esoteric testing market.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global esoteric testing market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global esoteric testing market is fragmented with a large number of players operating worldwide. The key players of the esoteric testing market are Quest Diagnostics, Sonic Healthcare Limited, OPKO Health, and ARUP Laboratories are also profiled with their financial information and respective business strategies.

Country Coverage

  • North America
  • Europe
  • Asia Pacific
  • ROW

Company Coverage

  • Quest Diagnostics
  • Sonic Healthcare Limited
  • OPKO Health
  • ARUP Laboratories
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ARUP Laboratories
  • OPKO Health
  • Quest Diagnostics
  • Sonic Healthcare Limited
1. Executive Summary

2. Introduction
2.1 Clinical Diagnostic Testing: An Overview
2.2 Esoteric Testing: An Overview
2.2.1 Key Differences Between Routing Testing and Esoteric Testing
2.2.2 Major Esoteric Testing Services
2.3 Esoteric Testing Segmentation: An Overview
2.3.1 Esoteric Testing Segmentation by Testing Type
2.3.2 Esoteric Testing Segmentation

3. Global Market Analysis
3.1 Global Esoteric Testing Market: An Analysis
3.1.1 Global Esoteric Testing Market by Value
3.1.2 Global Esoteric Testing Market by Testing Type
3.1.3 Global Esoteric Testing Market by Technology
3.1.4 Global Esoteric Testing Market by Laboratory Type
3.1.5 Global Esoteric Testing Market by Region
3.2 Global Esoteric Testing Market: Testing Type Analysis
3.2.1 Global Infectious Diseases Esoteric Testing Market by Value
3.2.2 Global Endocrinology Esoteric Testing Market by Value
3.2.3 Global Oncology Esoteric Testing Market by Value
3.2.4 Global Genetic Esoteric Testing Market by Value
3.2.5 Global Immunology Esoteric Testing Market by Value
3.2.6 Global Neurology Esoteric Testing Market by Value
3.2.7 Global Toxicology Esoteric Testing Market by Value
3.2.8 Global Others Esoteric Testing Market by Value
3.3 Global Esoteric Testing Market: Technology Analysis
3.3.1 Global Chemiluminescence Immunoassay Esoteric Testing Market by Value
3.3.2 Global Enzyme-Linked Immunosorbent Assay Esoteric Testing Market by Value
3.3.3 Global Real-Time PCR Esoteric Testing Market by Value
3.3.4 Global Mass Spectrometry Esoteric Testing Market by Value
3.3.5 Global DNA Sequencing Esoteric Testing Market by Value
3.3.6 Global Flow Cytometry Esoteric Testing Market by Value
3.3.7 Global Other Technologies Esoteric Testing Market by Value
3.4 Global Esoteric Testing Market: Laboratory Type Analysis
3.4.1 Global Independent & Reference Laboratories Esoteric Testing Market by Value
3.4.2 Global Hospital-Based Laboratories Esoteric Testing Market by Value

4. Regional Market Analysis
4.1 North America Esoteric Testing Market: An Analysis
4.1.1 North America Esoteric Testing Market by Value
4.1.2 North America Esoteric Testing Market by Region
4.1.3 The US Esoteric Testing Market by Value
4.1.4 The US Esoteric Testing Market by Technology
4.1.5 The US Esoteric Testing Technology Market by Value
4.1.6 Rest of North America Esoteric Testing Market by Value
4.2 Europe Esoteric Testing Market: An Analysis
4.2.1 Europe Esoteric Testing Market by Value
4.2.2 Europe Esoteric Testing Market by Region
4.2.3 Germany Esoteric Testing Market by Value
4.2.4 UK Esoteric Testing Market by Value
4.2.5 Rest of Europe Esoteric Testing Market by Value
4.3 Asia Pacific Esoteric Testing Market: An Analysis
4.3.1 Asia Pacific Esoteric Testing Market by Value
4.3.2 Asia Pacific Esoteric Testing Market by Region
4.3.3 China Esoteric Testing Market by Value
4.3.4 Japan Esoteric Testing Market by Value
4.3.5 Rest of Asia Pacific Esoteric Testing Market by Value
4.4 ROW Esoteric Testing Market: An Analysis
4.4.1 ROW Esoteric Testing Market by Value

5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Independent Clinical Laboratories
5.1.2 Impact of COVID-19 on Esoteric Testing

6. Market Dynamics
6.1 Growth Driver
6.1.1 Growing Geriatric Population
6.1.2 Increasing Prevalence of Chronic and Infectious Diseases
6.1.3 Rapid Urbanization
6.1.4 Escalating Healthcare Spending
6.1.5 Rising Adoption of Personalized Medicine in Patients
6.2 Challenges
6.2.1 High Cost Involved
6.2.2 Stringent Government Regulations
6.2.3 Dearth of Skilled Professionals
6.3 Market Trends
6.3.1 Increasing Outsourcing Demand from Hospitals
6.3.2 Emerging Technologies
6.3.3 Growing Esoteric Test Menu
6.3.4 Consumerization
6.3.5 Surging Need of Oncology Esoteric Testing for HBOC Syndrome
6.3.6 Rising Demand for Advanced Molecular Testing

7. Competitive Landscape
7.1 Global Esoteric Testing Market Players: A Financial Comparison
7.2 China Esoteric Market Players: Key Comparison
7.3 China Esoteric Market Players by Approximate Total Number of Testing Items

8. Company Profiles
8.1 Quest Diagnostics
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Sonic Healthcare Limited
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 OPKO Health
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 ARUP Laboratories
8.4.1 Business Overview
8.4.2 Business Strategy

List of Figures

Figure 1: Key Differences Between Routing Testing and Esoteric Testing
Figure 2: Major Esoteric Testing Services
Figure 3: Esoteric Testing Segmentation by Testing Type
Figure 4: Esoteric Testing Segmentation
Figure 5: Global Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 6: Global Esoteric Testing Market by Testing Type; 2020 (Percentage, %)
Figure 7: Global Esoteric Testing Market by Technology; 2020 (Percentage, %)
Figure 8: Global Esoteric Testing Market by Laboratory Type; 2020 (Percentage, %)
Figure 9: Global Esoteric Testing Market by Region; 2020 (Percentage, %)
Figure 10: Global Infectious Diseases Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 11: Global Endocrinology Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 12: Global Oncology Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 13: Global Genetic Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 14: Global Immunology Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 15: Global Neurology Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 16: Global Toxicology Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 17: Global Others Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 18: Global Chemiluminescence Immunoassay Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 19: Global Enzyme-Linked Immunosorbent Assay Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 20: Global Real-Time PCR Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 21: Global Mass Spectrometry Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 22: Global DNA Sequencing Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 23: Global Flow Cytometry Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 24: Global Other Technologies Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 25: Global Independent & Reference Laboratories Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 26: Global Hospital-Based Laboratories Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 27: North America Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 28: North America Esoteric Testing Market by Region; 2020 (Percentage, %)
Figure 29: The US Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 30: The US Esoteric Testing Market by Technology; 2020 (Percentage, %)
Figure 31: The US Esoteric Testing Technology Market by Value; 2020-2025 (US$ Billion)
Figure 32: Rest of North America Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 33: Europe Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 34: Europe Esoteric Testing Market by Region; 2020 (Percentage, %)
Figure 35: Germany Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 36: UK Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 37: Rest of Europe Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 38: Asia Pacific Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 39: Asia pacific Esoteric Testing Market by Region; 2020 (Percentage, %)
Figure 40: China Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 41: Japan Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 42: Rest of Asia Pacific Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 43: ROW Esoteric Testing Market by Value; 2020-2025 (US$ Billion)
Figure 44: Global Population Ages 65 and Above; 2015-2020 (Percentage, %)
Figure 45: The US Chronic Diseases Growth Rates; 2016-2025 (Percentage, %)
Figure 46: Global Urban Population by Group of Economies; 2014-2050 (Million)
Figure 47: Global Healthcare Spending; 2017-2022 (US$ Billion)
Figure 48: China Esoteric Market Players by Approximate Total Number of Testing Items; 2020
Figure 49: Quest Diagnostics Net Revenues; 2016-2020 (US$ Billion)
Figure 50: Quest Diagnostics Net Revenues by Segments; 2020 (Percentage, %)
Figure 51: Sonic Healthcare Limited Revenue; 2016-2020 (US$ Billion)
Figure 52: Sonic Healthcare Limited Revenue by Segments; 2020 (Percentage, %)
Figure 53: Sonic Healthcare Limited Revenue by Region; 2020 (Percentage, %)
Figure 54: OPKO Health Revenues; 2016-2020 (US$ Billion)
Figure 55: OPKO Health Revenues by Segments; 2020 (Percentage, %)
Figure 56: OPKO Health Revenues by Region; 2020 (Percentage, %)
Table 1: Global Esoteric Testing Market Players: A Financial Comparison; 2020
Table 2: China Esoteric Market Players: Key Comparison; 2020
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ARUP Laboratories
  • OPKO Health
  • Quest Diagnostics
  • Sonic Healthcare Limited
Esoteric testing allows the analysis of rare substances or molecules that are not routinely performed in clinical laboratories. Esoteric tests are more advanced clinical laboratory tests than routine molecular tests, and typically require specialized personnel or equipment to perform.

The key distinguishing feature of esoteric testing compared with routine testing is that the tests are more complex in nature leading to many of the differences between the two. Due to the more complex nature of esoteric testing, esoteric testing is much more heterogeneous, as this testing is an umbrella term that captures all testing that is not routine.

Major esoteric testing services include hematology, genetic diseases and rare diseases, infectious diseases, oncology, neurology, maternity-related, COVID-19-related, and routine testing.

The esoteric testing market can be segmented on the basis of testing type (Infectious Diseases Testing, Endocrinology Testing, Oncology Testing, Immunology Testing, Genetic Testing, Neurology Testing, Toxicology Testing, and Others); technology (Chemiluminescence Immunoassay, Enzyme-Linked Immunosorbent Assay, Real-Time PCR, Mass Spectrometry, DNA Sequencing, Flow Cytometry, and Other Technologies), and laboratory type (Independent & Reference Laboratories, and Hospital-Based Laboratories).

The global esoteric testing market has increased significantly in 2020 and projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously. The esoteric testing market is expected to increase due to growing geriatric population, increasing prevalence of chronic and infectious diseases, rapid urbanization, escalating healthcare spending, rising adoption of personalized medicine in patients, etc. Yet the market faces some challenges such as high cost involved, stringent government regulations, dearth of skilled professionals, etc.
Note: Product cover images may vary from those shown
  • Quest Diagnostics
  • Sonic Healthcare Limited
  • OPKO Health
  • ARUP Laboratories
Note: Product cover images may vary from those shown

The author's core strengths include a seasoned management team, a highly demonstrable track record of seamless process integration and consistent delivery position. The research team uses its extensive knowledge of the various industries to analyze the market trends from both a vendor and an end-user perspective.

The research strategy is focused on high-quality secondary data combined with elaborate use of primary data. The team of research analysts provides a 360-degree overview of available data.

The analysts begin by searching industry reports, surveys, trade publications, company reports and press releases. They also include information gained by extensive interviews with major players and industry participants.

The background information, related to industry statistics, is provided by the author's proprietary databases.

The information is then analyzed and synthesized into a report - with market forecast, industry trends, and competitive strategies. The team of research analysts use both qualitative tools and quantitative techniques to get an insight into the industry.

The author's core expertise lies in researching, compiling and analyzing vast amounts of publicly available information and premier databases, into widely read reports.

 

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