Market Size of Cellular Health Screening Industry
Study Period | 2021 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 8.70 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Cellular Health Screening Market Analysis
The cellular health screening market is expected to register a CAGR of 8.7% over the forecast period.
COVID-19 has had a significant impact on the growth of the market over the study period. The rise in preventive health awareness among the global population during the pandemic drives the market's growth. According to the NCBI article published in June 2022, the most common tests performed in the past 12 months were 83% of blood pressure measurements, 66.2% of blood sugar, 53.1% of urinalysis, and 55.1% of the liquid panel. The high number of preventive health screenings during the pandemic is expected to contribute to the growth of the market. In addition, the demand for cellular health screening is expected to remain undisturbed during the post-pandemic period owing to the rising preference for preventive healthcare, thereby contributing to the growth of the market over the next five years.
The growth of the market is attributed to rising applications of cellular health screening in personalized medicine and increasing government focus on preventive healthcare. The potential applications of cellular health screening in personalized medicine have provided significant growth opportunities to market players in this field. Along with the rapidly growing geriatric population, the demand for cellular screening is expected to rise during the forecast period. According to the United Nations Department of Economics and Social 2022 report, there were 771 million people aged 65 years or over globally in 2022, and the older population is projected to reach 994 million by 2030 and 1.6 billion by 2050. The growing geriatric population is more prone to chronic diseases, and thus, this increases the demand for preventive diagnostics, particularly cellular health screening.
Furthermore, the rising focus of the government on preventive care is expected to boost market growth further. For instance, in November 2022, the government of Haryana launched a mobile health screening initiative. The screening services include tests such as blood analysis, urine analysis, and HBA1C testing, among others. Such initiatives will lead to increased adoption of cellular health screening, driving the market growth.
Rising initiatives from the key market players are also expected to drive the cell health screening market. For instance, in November 2021, Menarini Silicon Biosystems commercially launched the CELL SEARCH laboratory-developed test for the enumeration of circulatory multiple myeloma cells for non-invasive monitoring of disease from whole blood. Such launches will therefore lead to increased adoption of cellular health screening tests, bolstering the market growth.
Thus, the above-mentioned factors are expected to drive the growth of the market over the forecast period. However, the risks associated with the transport of samples are expected to restrain the growth during the forecast period.
Cellular Health Screening Industry Segmentation
Cellular health screening determines cellular toxicity, fat mass, cellular health and function, intracellular and extracellular fluid levels, and the quantity and quality of active cell mass (muscle mass). The Cellular Health Screening Market is segmented by Type (Single-test Panels, Telomere Tests, Oxidative Stress Tests, Inflammation Tests, Heavy Metals Tests, and Multi-test Panels), Sample Type (Blood Samples, Urine Samples, and Other Samples), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 different countries. The report offers the value (in USD million) for the above segments.
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Cellular Health Screening Market Size Summary
The cellular health screening market is poised for significant growth, driven by an increasing awareness of preventive healthcare and the rising applications of cellular health screening in personalized medicine. The COVID-19 pandemic has accelerated this trend, as it heightened the global focus on preventive health measures. The demand for cellular health screening is expected to remain strong in the post-pandemic period, supported by the growing geriatric population, which is more susceptible to chronic diseases. Government initiatives and mobile health screening programs are further bolstering market expansion, as they promote the adoption of preventive diagnostics. Key players in the market are also contributing to growth through innovative product launches and advancements in screening technologies, such as the CELL SEARCH test for non-invasive disease monitoring.
The telomere test segment is anticipated to capture a significant share of the market, as it offers accurate insights into cellular aging and disease prevention. Innovations in telomere testing methods, including single-cell measurements and DNA methylation-based techniques, are expected to enhance the sensitivity and accuracy of these tests, driving their adoption. North America is projected to hold a substantial market share due to the high prevalence of chronic diseases and the demand for early diagnosis. The presence of numerous companies in the market, coupled with competitive strategies and product innovations, is expected to sustain market growth. Notable players include Bio-Reference Laboratories Inc., Genova Diagnostics, and Quest Diagnostics, among others, who are actively launching new tests and technologies to meet the evolving healthcare needs.
Cellular Health Screening Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Applications of Cellular Health Screening in Personalized Medicine
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1.2.2 Increasing Government Focus on Preventive Healthcare
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1.3 Market Restraints
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1.3.1 Risk Associated With the Transport of Samples
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1.4 Porter Five Forces
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Type
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2.1.1 Single-test Panels
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2.1.1.1 Telomere Tests
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2.1.1.2 Oxidative Stress Tests
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2.1.1.3 Inflammation Tests
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2.1.1.4 Heavy Metals Tests
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2.1.2 Multi-test Panels
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2.2 By Sample Type
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2.2.1 Blood Samples
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2.2.2 Urine Samples
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2.2.3 Other Sample Types
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Cellular Health Screening Market Size FAQs
What is the current Cellular Health Screening Market size?
The Cellular Health Screening Market is projected to register a CAGR of 8.70% during the forecast period (2024-2029)
Who are the key players in Cellular Health Screening Market?
Genova Diagnostics, Immundiagnostik AG, Quest Diagnostics, Bio-Reference Laboratories Inc. and SpectraCell Laboratories Inc. are the major companies operating in the Cellular Health Screening Market.