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report thumbnailU.S. Esoteric Testing Market

U.S. Esoteric Testing Market 11.0 CAGR Growth Outlook 2025-2033

U.S. Esoteric Testing Market by Technology (Enzyme-linked Immunosorbent Assay, Chemiluminescence Immunoassay, Mass Spectrometry, Flow Cytometry, Polymerase Chain Reaction, Others), by Test Type (Infectious Disease Testing, Endocrinology Testing, Oncology Testing, Toxicology Testing, Others), by End-user (Hospital-based Labs, Independent, Referral Labs), by Forecast 2026-2034

Jan 21 2025
Base Year: 2025
180 Pages
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U.S. Esoteric Testing Market 11.0 CAGR Growth Outlook 2025-2033

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U.S. Esoteric Testing Market 11.0 CAGR Growth Outlook 2025-2033

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Key Insights

The U.S. Esoteric Testing Market size was valued at USD 9.08 USD Billion in 2023 and is projected to reach USD 18.85 USD Billion by 2032, exhibiting a CAGR of 11.0 % during the forecast period. The U. S. Esoteric Testing Market by technological advancement and elevated diseases difficulty level, which encompasses tests with high cost, and specificity towards the identification of rare diseases and tailor-made medicines. Some specialties are endocrinology and oncology; the techniques that are used in molecular diagnostics involve PCR, and mass spectrometry, which increase the efficiency of diagnoses and lead to an enhancement of patients’ lives and a decrease in the overall healthcare expenses.

U.S. Esoteric Testing Market Research Report - Market Overview and Key Insights

U.S. Esoteric Testing Market Market Size (In Million)

75.0M
60.0M
45.0M
30.0M
15.0M
0
22.80 M
2020
28.20 M
2021
35.40 M
2022
42.90 M
2023
51.10 M
2024
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U.S. Esoteric Testing Trends

  • Increased demand for personalized and targeted therapies
  • Technological advancements in testing methods
  • Growing acceptance of molecular diagnostics
U.S. Esoteric Testing Market Market Size and Forecast (2024-2030)

U.S. Esoteric Testing Market Company Market Share

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Driving Forces: What's Propelling the U.S. Esoteric Testing Market

  • Rising Prevalence of Chronic Diseases:
    • Increase in cases of cancer, cardiovascular diseases, and diabetes
  • Government Initiatives:
    • Support for research and development in esoteric testing
  • Technological Advancements:

Challenges and Restraints in U.S. Esoteric Testing Market

  • High Cost of Testing:
    • Complex and specialized methodologies
  • Regulatory Compliance:
    • Stringent regulations governing the use and interpretation of esoteric tests

Emerging Trends in U.S. Esoteric Testing

  • Liquid Biopsy:
    • Non-invasive method for early cancer detection
  • Precision Medicine:
    • Tailoring treatments based on individual patient's genetic makeup
  • Artificial Intelligence (AI):
    • Automating data analysis and improving diagnostic accuracy

Growth Catalysts in U.S. Esoteric Testing Industry

  • Increased Investment in Research and Development:
    • Development of new and innovative testing methods
    • Advancements in molecular diagnostics and genomics
  • Strategic Partnerships and Collaborations:
    • Collaboration between diagnostic companies and healthcare providers
    • Partnerships to enhance testing capabilities and streamline laboratory operations
  • Rising Adoption of Point-of-Care Testing:
    • Simplifying access to esoteric testing outside traditional laboratory settings
    • Increased convenience and reduced turnaround times
  • Technological Advancements:
    • Automation in laboratory workflows
    • Enhanced data analysis capabilities and artificial intelligence (AI)
  • Expansion of Genetic Testing Services:
    • Growing demand for personalized medicine
    • Increased understanding of genetic contributions to disease

Market Segmentation: U.S. Esoteric Testing Analysis

By Technology:

  • Enzyme-linked Immunosorbent Assay (ELISA)
  • Chemiluminescence Immunoassay (CLIA)
  • Mass Spectrometry
  • Flow Cytometry
  • Polymerase Chain Reaction
  • Others

By Test Type:

  • Infectious Disease Testing
  • Endocrinology Testing
  • Oncology Testing
  • Toxicology Testing
  • Others

By End-user:

  • Hospital-based Labs
  • Independent and Referral Labs

Leading Players in the U.S. Esoteric Testing Market

  • Eurofins Scientific (U.S.)
  • Quest Diagnostics Incorporated (U.S.)
  • Laboratory Corporation of America (U.S.)
  • ACM Global Laboratories (U.S.)
  • Mayo Foundation (U.S.)
  • ARUP Laboratories (U.S.)
  • OPKO Health, Inc. (U.S.)

Significant developments in U.S. Esoteric Testing Sector

  • September 2022: Neogen Corporation introduced the Veratox VIP assay to detect cashew allergy.
  • March 2022: Waters Corporation announced the launch of the Xevo TQ Absolute system, a compact benchtop and highly sensitive tandem mass spectrometer.
  • February 2021: Quest Diagnostics and GRAIL, Inc. collaborated to provide phlebotomy services to support Galleri, GRAIL’s multi-cancer early detection blood test.

Comprehensive Coverage U.S. Esoteric Testing Market Report

The comprehensive report provides in-depth analysis on:

  • Market Overview
  • Market Dynamics
  • Market Segmentation
  • Market Projections
  • Competitive Landscape

Regional Insight

The report offers detailed insights into key regions:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
U.S. Esoteric Testing Market Market Share by Region - Global Geographic Distribution

U.S. Esoteric Testing Market Regional Market Share

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DROCT

The report includes detailed SWOT, PESTLE, and Porter's Five Forces analysis.

Pricing Analysis

The report provides insights into pricing trends and factors affecting pricing.

Import And Export Analysis

The report covers import and export data on esoteric testing products.

Patent/Trademark Analysis

The report analyzes the intellectual property landscape related to esoteric testing.

Geographic Coverage of U.S. Esoteric Testing Market

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Lower Coverage
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U.S. Esoteric Testing Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2020-2034
Base Year 2025
Estimated Year 2026
Forecast Period2026-2034
Historical Period2020-2025
Growth RateCAGR of 11.0% from 2020-2034
Segmentation
    • By Technology
      • Enzyme-linked Immunosorbent Assay
      • Chemiluminescence Immunoassay
      • Mass Spectrometry
      • Flow Cytometry
      • Polymerase Chain Reaction
      • Others
    • By Test Type
      • Infectious Disease Testing
      • Endocrinology Testing
      • Oncology Testing
      • Toxicology Testing
      • Others
    • By End-user
      • Hospital-based Labs
      • Independent
      • Referral Labs
  • By Geography

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Burden of Rare Diseases to Augment Market Growth
      • 3.3. Market Restrains
        • 3.3.1. High Costs of Diagnostic Procedures to Hinder Market Growth
      • 3.4. Market Trends
        • 3.4.1. Technological Advancements in Testing to Fuel Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global U.S. Esoteric Testing Market Analysis, Insights and Forecast, 2020-2032
    • 5.1. Market Analysis, Insights and Forecast - by Technology
      • 5.1.1. Enzyme-linked Immunosorbent Assay
      • 5.1.2. Chemiluminescence Immunoassay
      • 5.1.3. Mass Spectrometry
      • 5.1.4. Flow Cytometry
      • 5.1.5. Polymerase Chain Reaction
      • 5.1.6. Others
    • 5.2. Market Analysis, Insights and Forecast - by Test Type
      • 5.2.1. Infectious Disease Testing
      • 5.2.2. Endocrinology Testing
      • 5.2.3. Oncology Testing
      • 5.2.4. Toxicology Testing
      • 5.2.5. Others
    • 5.3. Market Analysis, Insights and Forecast - by End-user
      • 5.3.1. Hospital-based Labs
      • 5.3.2. Independent
      • 5.3.3. Referral Labs
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1.
  6. 6. Competitive Analysis
    • 6.1. Global Market Share Analysis 2025
      • 6.2. Company Profiles
        • 6.2.1 Eurofins Scientific (U.S.)
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Quest Diagnostics Incorporated (U.S)
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 Laboratory Corporation of America (U.S.)
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 ACM Global Laboratories (U.S.)
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Mayo Foundation (U.S.)
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 ARUP Laboratories (U.S.)
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 OPKO Health Inc. (U.S.)
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global U.S. Esoteric Testing Market Revenue Breakdown (USD Billion, %) by Region 2025 & 2033
  2. Figure 2: Global U.S. Esoteric Testing Market Volume Breakdown (Units, %) by Region 2025 & 2033
  3. Figure 3: U.S. Esoteric Testing Market Revenue (USD Billion), by Technology 2025 & 2033
  4. Figure 4: U.S. Esoteric Testing Market Volume (Units), by Technology 2025 & 2033
  5. Figure 5: U.S. Esoteric Testing Market Revenue Share (%), by Technology 2025 & 2033
  6. Figure 6: U.S. Esoteric Testing Market Volume Share (%), by Technology 2025 & 2033
  7. Figure 7: U.S. Esoteric Testing Market Revenue (USD Billion), by Test Type 2025 & 2033
  8. Figure 8: U.S. Esoteric Testing Market Volume (Units), by Test Type 2025 & 2033
  9. Figure 9: U.S. Esoteric Testing Market Revenue Share (%), by Test Type 2025 & 2033
  10. Figure 10: U.S. Esoteric Testing Market Volume Share (%), by Test Type 2025 & 2033
  11. Figure 11: U.S. Esoteric Testing Market Revenue (USD Billion), by End-user 2025 & 2033
  12. Figure 12: U.S. Esoteric Testing Market Volume (Units), by End-user 2025 & 2033
  13. Figure 13: U.S. Esoteric Testing Market Revenue Share (%), by End-user 2025 & 2033
  14. Figure 14: U.S. Esoteric Testing Market Volume Share (%), by End-user 2025 & 2033
  15. Figure 15: U.S. Esoteric Testing Market Revenue (USD Billion), by Country 2025 & 2033
  16. Figure 16: U.S. Esoteric Testing Market Volume (Units), by Country 2025 & 2033
  17. Figure 17: U.S. Esoteric Testing Market Revenue Share (%), by Country 2025 & 2033
  18. Figure 18: U.S. Esoteric Testing Market Volume Share (%), by Country 2025 & 2033

List of Tables

  1. Table 1: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by Technology 2020 & 2033
  2. Table 2: Global U.S. Esoteric Testing Market Volume Units Forecast, by Technology 2020 & 2033
  3. Table 3: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by Test Type 2020 & 2033
  4. Table 4: Global U.S. Esoteric Testing Market Volume Units Forecast, by Test Type 2020 & 2033
  5. Table 5: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by End-user 2020 & 2033
  6. Table 6: Global U.S. Esoteric Testing Market Volume Units Forecast, by End-user 2020 & 2033
  7. Table 7: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by Region 2020 & 2033
  8. Table 8: Global U.S. Esoteric Testing Market Volume Units Forecast, by Region 2020 & 2033
  9. Table 9: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by Technology 2020 & 2033
  10. Table 10: Global U.S. Esoteric Testing Market Volume Units Forecast, by Technology 2020 & 2033
  11. Table 11: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by Test Type 2020 & 2033
  12. Table 12: Global U.S. Esoteric Testing Market Volume Units Forecast, by Test Type 2020 & 2033
  13. Table 13: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by End-user 2020 & 2033
  14. Table 14: Global U.S. Esoteric Testing Market Volume Units Forecast, by End-user 2020 & 2033
  15. Table 15: Global U.S. Esoteric Testing Market Revenue USD Billion Forecast, by Country 2020 & 2033
  16. Table 16: Global U.S. Esoteric Testing Market Volume Units Forecast, by Country 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the U.S. Esoteric Testing Market?

The projected CAGR is approximately 11.0%.

2. Which companies are prominent players in the U.S. Esoteric Testing Market?

Key companies in the market include Eurofins Scientific (U.S.), Quest Diagnostics Incorporated (U.S), Laboratory Corporation of America (U.S.), ACM Global Laboratories (U.S.), Mayo Foundation (U.S.), ARUP Laboratories (U.S.), OPKO Health, Inc. (U.S.).

3. What are the main segments of the U.S. Esoteric Testing Market?

The market segments include Technology, Test Type, End-user.

4. Can you provide details about the market size?

The market size is estimated to be USD 9.08 USD Billion as of 2022.

5. What are some drivers contributing to market growth?

Growing Burden of Rare Diseases to Augment Market Growth.

6. What are the notable trends driving market growth?

Technological Advancements in Testing to Fuel Market Growth.

7. Are there any restraints impacting market growth?

High Costs of Diagnostic Procedures to Hinder Market Growth.

8. Can you provide examples of recent developments in the market?

September 2022 - Neogen Corporation introduced the Veratox VIP assay to detect cashew allergy. The assay is the second assay in Neogen's new Veratox VIP line of ELISA products.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD Billion and volume, measured in Units.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "U.S. Esoteric Testing Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the U.S. Esoteric Testing Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the U.S. Esoteric Testing Market?

To stay informed about further developments, trends, and reports in the U.S. Esoteric Testing Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.