Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 253.39 Million | USD 390.14 Million | 5.58% | 2022 |
Addison Disease Testing Industry Prospective:
The global Addison disease testing market size was worth around USD 253.39 Million in 2022 and is predicted to grow to around USD 390.14 Million by 2030 with a compound annual growth rate (CAGR) of roughly 5.58% between 2023 and 2030.
The report analyzes the global Addison disease testing market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Addison disease testing industry.
Chronic adrenocortical insufficiency is the alternative name for Addison disease, which occurs due to the injury of the adrenal cortex which causes insufficient generation of the hormone aldosterone and cortisol. The symptoms of the disease include weight loss, extreme fatigue, decreased appetite, low blood pressure, hyperpigmentation, and several others. If not treated can cause the Addisonian crisis, which is a medical emergency that can result in death.
The market for Addison disease testing is globally fragmented into its testing type and end user. On the basis of testing type, the global market is segregated into laboratory testing and imaging studies. The laboratory testing segment is further sub-segregated into thyroid-stimulating hormone (TSH) levels, insulin-induced hypoglycemia test, prolactin testing, comprehensive metabolic panel, ACTH stimulation test, and autoantibody testing. The imaging studies segment is sub-categorized into computed tomography (CT) scan and chest radiograph. Based on the end user, the market is categorized into clinics, hospitals, and diagnostic laboratories.
Increased rate of adrenal insufficiency increased the cases of Addison disease, thus contributing to the Addison disease testing market growth. The other factors that are contributing to the market growth are the growing initiatives taken by the government for the development of the healthcare sector and offering better access to the increasing population with advanced diagnostic service facilities is triggering the growth of the market. Furthermore, the rise in the number of private providers of diagnostic services will contribute to the overall testing service market. There is an inadequacy in access to healthcare facilities in different regions of the world, which in turn is curbing the Addison disease testing market to grow. Another factor that is restricting the growth of the market is the lack of awareness of the symptoms.
Report Attributes | Report Details |
---|---|
Report Name | Addison Disease Testing Market Research Report |
Market Size in 2022 | USD 253.39 Million |
Market Forecast in 2030 | USD 390.14 Million |
Growth Rate | CAGR of 5.58% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Any Lab Test Now, Laboratory Corporation of America Holdings, Core Diagnostics Private Limited, Sonora Quest Laboratories, Ayumetrix, Diagnostic Laboratory Services, Inc., Dr. Lal PathLabs, and others. |
Segments Covered | By Testing Type, By End-User, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The market for Addison disease testing is geographically diversified into Eastern Europe, North America, Western Europe, the Middle East & Africa, Latin America, and Asia Pacific. The largest market for Addison disease testing is held by North America. The factors that are influencing the market growth in this region are increasing concerns and awareness related to human health and the efforts and initiatives that are taken by the government towards this direction.
North America is followed by the European region. The reasons for the development of the market in this region are the increasing cases of the disease and the availability of good diagnostic services.
In the Asia Pacific region, the growth of the market will be at an increasing speed in the coming years due to the increased incidences of the disease and the availability of advanced diagnostic and healthcare services. The market growth in the Middle East and African region is moderate; it has new opportunities in the market but requires better investments.
The key market players that are involved in the Addison disease testing market include
By Testing Type
By End-User
Global Addison Disease Testing Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
Blood tests examine cortisol, aldosterone, and adrenal gland function to diagnose Addison's disease. ACTH stimulation, blood cortisol, and sometimes CRH stimulation tests are performed to diagnose. Imaging and antibody tests are possible. Lifelong hormone replacement therapy for Addison's disease needs early detection.
Increased rate of adrenal insufficiency increased the cases of the Addison disease, thus contributing to the Addison disease testing market growth.
According to Zion market research report, the global Addison disease testing market accrued earnings worth approximately USD 253.39 Million in 2022 and is predicted to gain revenue of about USD 390.14 Million by 2030, is set to record a CAGR of nearly 5.58% over the period from 2023 to 2030.
The largest market for Addison disease testing is held by North America.
The key market players that are involved in the Addison disease testing market include Any Lab Test Now, Laboratory Corporation of America Holdings, Core Diagnostics Private Limited, Sonora Quest Laboratories, Ayumetrix, Diagnostic Laboratory Services, Inc., Dr. Lal PathLabs, and others.
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