Albany, NY -- (ReleaseWire) -- 07/17/2014 -- Endocrinology, a branch of medicine deals with the study of structural and functional elements of the endocrine system. This system comprises endocrine glands (thyroid, adrenal, pituitary and others) and secretory organs (pancreas, hypothalamus) that release hormones directly into the blood stream and regulate the body functioning. Endocrine testing market is studied by three major segments namely, by test, by diagnostic technologies and by end users. The test segment is further classified into 11 major hormone tests that includes estradiol (E2), Follicle Stimulating Hormone (FSH), Human Chorionic Gonadotropin (hCG), Luteinizing hormone (LH), Dehydroepiandrosterone sulfate (DHEAS), progesterone, testosterone, Thyroid Stimulating Hormone (TSH), prolactin, cortisol and insulin tests.
Global endocrine testing market was valued at USD1.53billion in 2012 and is estimated to reach a market worth USD2.03 billion in 2019 growing at a CAGR of 4.3% from 2013 to 2019.
The market accounts for a wide range of conventional as well as rapid diagnostic kits used for detecting deficiency (hyposecretion) or excess (hypersecretion) secretions of these hormones. The diagnostic technologies segment further describes the technological platforms used in the analysis of the specimen test sample (blood, urine, etc) and is further categorized into five major technologies, tandem mass spectrometry, immunoassay, monoclonal and polyclonal antibody, sensor and clinical chemistry technologies. The end user segment elucidates the endocrine testing market by various end users that includes hospitals, commercial laboratories, ambulatory health care centers, home based tests and physician’s offices.
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On the basis of geography, the market is classified into North America, Europe, Asia-Pacific, Africa, Latin America and Rest of the World (RoW). A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the endocrine testing market and future opportunities are provided in the report. A PESTLE analysis has also been considered while estimating the market for individual geographies in order to provide current as well as future status. Several other analytical perspectives such as Porter’s Five Forces Analysis, market share analysis and market attractiveness have been described in the report in order to give a thorough analysis of the market. Also, a list of recommendations for existing as well as new entrants has also been discussed in the study which would help in decision making.
The global endocrine testing market is segmented into the following categories:
Hernia Endocrine Testing Market, by Tests
Estradiol (E2) Test
Follicle Stimulating Hormone (FSH) Test
Human Chorionic Gonadotropin (hCG) Test
Luteinizing Hormone (LH) Test
Dehydroepiandrosterone sulfate (DHEAS) Test
Thyroid Stimulating Hormone (TSH) Test
Others (Gastrin, Thymosin, Secretin, etc.)
Endocrine Testing Market, by Diagnostic Technologies
Tandem Mass spectrometry
Immunoassay (Enzyme immunoassays, Radioimmunoassays (RIA)) Technologies
Monoclonal and Polyclonal Antibody Technologies
Sensor (Electrochemical, Biosensors, etc.) Technologies
Clinical Chemistry Technologies
Others (Liquid Chromatography + Mass Spectrometry (LC-MS), High performance Liquid Chromatography (HPLC), etc.)
Endocrine Testing Market, by Geography
Ambulatory Care Centers
Home Based Tests
Endocrine Testing Market, by Geography
Rest of the World (RoW)
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