Esoteric Testing Market Research Report – Forecast to 2027

Esoteric Testing Market: By Test Type (Infectious Diseases Testing, Endocrinology Testing), By Technology (Chemiluminescence Immunoassay, Real-Time PCR), End-User (Independent & Reference Laboratories, Research Laboratories) - Forecast till 2027

ID: MRFR/LS/4531-HCR | February, 2021 | Region : Global

Synopsis of the Esoteric Testing Market


The esoteric testing market was valued at USD 1200 million in 2017 and is expected to register a CAGR of 8.6% during the forecast period. The esoteric testing market is majorly driven by the increasing prevalence of chronic diseases, increasing technical advanced devices, growing awareness of personalized medicine, and growing penetration by market players. Additionally, factors such as increasing government and private funding to support research activities are likely to boost the market growth during the forecast period.


However, factors such as unfavorable reimbursement scenario may hamper the growth of the market during the assessment period.


Esoteric Testing Market Segmentation                                                                                                                          


The esoteric testing market is segmented on the basis of test type, technology, end-user, and region. Considering the test type, the market is segmented into infectious diseases testing, endocrinology testing, oncology testing, genetic testing, toxicology testing, immunology testing, neurology testing, and others. By technology, the market is segmented into chemiluminescence immunoassay, enzyme-linked immunosorbent assay, mass spectrometry, real-time PCR, flow cytometry, radioimmunoassay, and others. By end-user, the market is segmented into independent and reference laboratories, research laboratories, and others. Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa.


Esoteric Testing Market Regional Summary                  


The American esoteric testing market is segmented into two regions, namely, North America and South America. North Americas, being the largest market, is mainly driven by the increasing number of research activities in healthcare, growing investment in healthcare by major market players, and increasing patient population suffering from chronic diseases. Moreover, established market players in developed countries lead the globalization by pushing new products and services into developing countries and emerging economies. Canada is expected to be the fastest growing market which is driven by the overall increasing demand for cost-effective methods for diagnosis and treatment of chronic diseases. South America is expected to be the fastest growing market due to technologically advanced devices for diagnosis and increasing demand for treatment options of chronic diseases.  


The European esoteric testing market exhibits a positive growth with an increasing emphasis on research and developmental activities for improvement in diagnosis and treatment methods. Moreover, Germany and the U.K. are the major contributors to the growth of the market. Additionally, increasing expenditure on healthcare by major countries in Europe also accelerates the growth of the market.    


Asia Pacific is expected to be the fastest growing market whose growth is attributed to the increasing burden of chronic diseases and increasing focus on early diagnosis and treatment of rare diseases. Furthermore, other factors contributing to the growth of the market are lifestyle changes, the influence of western culture among adults, and addiction to smoking. Additionally, the increasing environmental pollution and exposure to harmful chemicals also attribute to the growth of the market.


The Middle Eastern and African market for esoteric testing exhibits a steady rise with an increase in the number of healthcare facilities providing treatment of chronic conditions and the flourishing growth of the medical device sector, especially diagnostic devices. In the African region, the awareness about esoteric testing is also fueling the growth of the market.


FIGURE 1: Global Esoteric Testing Market, by Region, 2016 (%)


 Esoteric Testing Market, by Region


Source: Centers for Disease Control and Prevention, World Health Organization, population reference bureau, Statistics Canada, StatsCan, Centers for Medicare & Medicaid Services, U.S. Census Bureau, Organization for Economic Co-operation and Development, Expert Interview, Market Research Future Analysis, Annual report, White paper, Company Presentation


Market Segmentation & Key players


Esoteric Testing Market, by Test Type



  • Infectious Diseases Testing

  • Endocrinology Testing

  • Oncology Testing

  • Genetic Testing

  • Toxicology Testing

  • Immunology Testing

  • Neurology Testing

  • Others


Esoteric Testing Market, by Technology



  • Chemiluminescence Immunoassay

  • Enzyme-Linked Immunosorbent Assay

  • Mass Spectrometry

  • Real-Time PCR

  • Flow Cytometry

  • Radioimmunoassay

  • Others


Esoteric Testing Market, by End-User



  • Independent & Reference Laboratories

  • Research Laboratories

  • Others


Esoteric Testing Market, by Region


North America



  • U.S.

  • Canada


South America


Europe



  • Western Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Spain

  • Rest of Western Europe

  • Eastern Europe


Asia Pacific



  • Japan

  • China

  • India

  • Australia

  • Republic of Korea

  • Rest of Asia Pacific


Middle East and Africa



  • United Arab Emirates

  • Saudi Arabia

  • Oman

  • Kuwait

  • Qatar

  • Rest of the Middle East & Africa


Esoteric Testing Market Players



  • LabCorp

  • Quest Diagnostics

  • Invitae Corporation

  • Mayo Medical Laboratories

  • Spectra Laboratories

  • Opko Health

  • Miraca Holdings

  • Foundation Medicine

  • ACM Global Laboratories

  • Arup Laboratories

  • Myriad Genetics

  • Sonic Healthcare

  • Primary Health Care

  • Healthscope

  • Fulgent Genetics

  • Others


Intended Audience



  • Medical Device Manufacturers

  • Medical Device Suppliers

  • Medical Research Laboratories

  • Research and Development (R&D) Companies

  • Market Research and Consulting Service Providers

  • Potential Investors



Research Methodology


 Esoteric Testing Method


Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The American Autoimmune Related Diseases Association, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation


Table of Content

1. Report Prologue

2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

6. Global Esoteric Testing Market, by Test Type

6.1 Introduction

6.2 Infectious Diseases Testing

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

6.3 Endocrinology Testing

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

6.4 Oncology Testing

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

6.5 Genetic Testing

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

6.6 Toxicology Testing

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

6.7 Immunology Testing

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

6.8 Neurology Testing

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

6.9 Others

7. Global Esoteric Testing Market, by Technology

7.1 Introduction

7.2 Chemiluminescence Immunoassay

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

7.3 Enzyme-Linked Immunosorbent Assay

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

7.4 Mass Spectrometry

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

7.5 Real-Time PCR

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

7.6 Flow Cytometry

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

7.7 Radioimmunoassay

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

7.8 Others

8. Global Esoteric Testing Market, by End-User

8.1 Introduction

8.2 Independent & Reference Laboratories

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

8.3 Research Laboratories

Market Estimates & Forecast, 2020-2027

Market Estimates & Forecast, by Region/Country, 2020-2027

8.4 Others

9. Global Esoteric Testing Market, by Region

9.1 Introduction

9.2 Americas

• Market Estimates & Forecast, by Region, 2020-2027

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.2.1 North America

• Market Estimates & Forecast, by Country, 2020-2027

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.2.1.1 U.S.

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.2.1.2 Canada

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.2.2 South America

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3 Europe

• Market Estimates & Forecast, by Region, 2020-2027

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.1 Western Europe

• Market Estimates & Forecast, by Country, 2020-2027

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.1.1 Germany

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.1.2 France

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.1.3 U.K.

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.1.4 Italy

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.1.5 Spain

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.1.6 Rest of Western Europe

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.3.2 Eastern Europe

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.4 Asia Pacific

• Market Estimates & Forecast, by Country, 2020-2027

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.4.1 Japan

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.4.2 China

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.4.3 India

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.4.4 Australia

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.4.5 Republic of Korea

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.4.6 Rest of Asia Pacific

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.5 The Middle East & Africa

• Market Estimates & Forecast, by Region, 2020-2027

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.5.1 United Arab Emirates

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.5.2 Saudi Arabia

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.5.3 Oman

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.5.4 Kuwait

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.5.5 Qatar

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

9.5.6 Rest of the Middle East & Africa

• Market Estimates & Forecast, by Test Type, 2020-2027

• Market Estimates & Forecast, by Technology, 2020-2027

• Market Estimates & Forecast, by End-User, 2020-2027

10 Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

10.3.1 Key Developments

10 Company Profiles

10.1 LabCorp

10.1.1 Company Overview

10.1.2 Product and Services Overview

10.1.3 Financials

10.1.4 SWOT Analysis

10.2 Quest Diagnostics

10.2.1 Company Overview

10.2.2 Product and Services Overview

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 Invitae

10.3.1 Company Overview

10.3.2 Product and Services Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 Spectra Laboratories

10.4.1 Company Overview

10.4.2 Product and Services/Business Segment Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 Opko Health

10.5.1 Company Overview

10.5.2 Product and Services Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.6 Miraca Holdings

10.6.1 Company Overview

10.6.2 Product and Services Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.7 Foundation Medicine

10.7.1 Overview

10.7.2 Product and Services Overview

10.7.3 Financials

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 ACM Global Laboratories

10.8.1 Overview

10.8.2 Product and Services Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Arup Laboratories

10.9.1 Overview

10.9.2 Product and Services Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Myriad Genetics

10.10.1 Overview

10.10.2 Product and Services Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 Sonic Healthcare

10.11.1 Overview

10.11.2 Product and Services Overview

10.11.3 Financials

10.11.4 Key Developments

10.12.5 SWOT Analysis

10.12 Primary Health Care

10.12.1 Overview

10.12.2 Product and Services Overview

10.12.3 Financials

10.12.4 Key Developments

10.12.5 SWOT Analysis

10.10 Others

11 MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s View Point

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Prediction of the Esoteric Testing Industry

12 Appendix

LIST OF TABLES

Table 1 Esoteric Testing Industry Synopsis, 2020-2027

Table 2 Global Esoteric Testing Market Estimates and Forecast, 2020-2027, (USD Million)

Table 3 Global Esoteric Testing Market, by Region, 2020-2027, (USD Million)

Table 4 Global Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 5 Global Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 6 Global Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 7 North America Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 8 North America Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 9 North America Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 10 U.S. Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 11 U.S. Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 12 U.S. Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 13 Canada Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 14 Canada Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 15 Canada Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 16 South America Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 17 South America Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 18 South America Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 19 Europe Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 20 Europe Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 21 Europe Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 22 Western Europe Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 23 Western Europe Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 24 Western Europe Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 25 Eastern Europe Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 26 Eastern Europe Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 27 Eastern Europe Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 28 Asia Pacific Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 29 Asia Pacific Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 30 Asia Pacific Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

Table 31 Middle East & Africa Esoteric Testing Market, by Technology, 2020-2027, (USD Million)

Table 32 Middle East & Africa Esoteric Testing Market, by Test Type, 2020-2027, (USD Million)

Table 33 Middle East & Africa Esoteric Testing Market, by End-User, 2020-2027, (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Esoteric Testing Market

Figure 3 Segmentation Market Dynamics for Esoteric Testing Market

Figure 4 Global Esoteric Testing Market Share, by Technology 2020

Figure 5 Global Esoteric Testing Market Share, by Test Type 2020

Figure 6 Global Esoteric Testing Market Share, by End-User, 2020

Figure 7 Global Esoteric Testing Market Share, by Region, 2020

Figure 8 North America Esoteric Testing Market Share, by Country, 2020

Figure 9 Europe Esoteric Testing Market Share, by Country, 2020

Figure 10 Asia Pacific Esoteric Testing Market Share, by Country, 2020

Figure 11 Middle East & Africa Esoteric Testing Market Share, by Country, 2020

Figure 12 Global Esoteric Testing Market: Company Share Analysis, 2020 (%)

Figure 13 Labcorp: Key Financials

Figure 14 Labcorp: Segmental Revenue

Figure 16 Labcorp: Geographical Revenue

Figure 17 Quest Diagnostics: Key Financials

Figure 18 Quest Diagnostics: Segmental Revenue

Figure 19 Quest Diagnostics: Geographical Revenue

Figure 20 Invitae: Key Financials

Figure 21 Invitae: Segmental Revenue

Figure 22 Invitae: Geographical Revenue

Figure 23 Spectra Laboratories: Key Financials

Figure 24 Spectra Laboratories: Segmental Revenue

Figure 25 Spectra Laboratories: Geographical Revenue

Figure 26 Opko Health.: Segmental Revenue

Figure 27 Opko Health.: Geographical Revenue

Figure 28 Opko Health: Key Financials

Figure 29 Miraca Holdings. Segmental Revenue

Figure 30 Miraca Holdings. Geographical Revenue

Figure 31 Miraca Holdings: Key Financials

Figure 32 Foundation Medicine: Key Financials

Figure 33 Foundation Medicine: Segmental Revenue

Figure 34 Foundation Medicine: Geographical Revenue

Figure 35 ACM Global Laboratories. Key Financials

Figure 36 ACM Global Laboratories. Segmental Revenue

Figure 37 ACM Global Laboratories. Geographical Revenue

Figure 38 Arup Laboratories.: Key Financials

Figure 39 Arup Laboratories.: Segmental Revenue

Figure 40 Arup Laboratories.: Geographical Revenue

Figure 41 Myriad Genetics. Key Financials

Figure 42 Myriad Genetics. Segmental Revenue

Figure 43 Myriad Genetics. Geographical Revenue

Figure 44 Sonic Healthcare. Key Financials

Figure 45 Sonic Healthcare. Segmental Revenue

Figure 46 Sonic Healthcare. Geographical Revenue

Figure 47 Primary Health Care. Key Financials

Figure 48 Primary Health Care. Segmental Revenue

Figure 49 Primary Health Care. Geographical Revenue