Global Liver Function Test Market Size, Trends and Growth opportunity, By Product (Alanine Aminotransferase Test, Aspartate Aminotransferase Test, Alkaline Phosphatase Test, Gamma GT Test, Albumin, Total Bilirubin and Others), Components (Hepatocellular Labs, Cholestasis Labs, and Synthetic Function Tests), By End-Use (Disease Diagnose, Blood Routine Analysis, Disease Prevention and Others) Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR1001895 | Industries : Healthcare | Published On :July 2024 | Page Count : 134
Global Liver Function Test Market Size, Trends and Growth opportunity, By Product (Alanine Aminotransferase Test, Aspartate Aminotransferase Test, Alkaline Phosphatase Test, Gamma GT Test, Albumin, Total Bilirubin and Others), Components (Hepatocellular Labs, Cholestasis Labs, and Synthetic Function Tests), By End-Use (Disease Diagnose, Blood Routine Analysis, Disease Prevention and Others) Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Liver Function Test Market
Global Liver Function Test Market was valued at USD 30.5 billion in 2021 and is expected to reach USD 53.45 billion by 2027, at a CAGR 7.47% from 2022-2027.
Liver function tests which are also known as a liver panel are blood tests that measure different enzymes, proteins, and other substances which are made by the liver. These liver function tests check the overall health of one’s liver.
The 7 liver function tests are: Alanine transaminase (ALT) & aspartate transaminase (AST), alkaline phosphatase (ALP), gamma-glutamyl transferase (GGT), serum bilirubin, prothrombin time (PT), the international normalized ratio (INR), and total protein & albumin.
Market Drivers
The increase in awareness towards liver health, and growing incidences of liver diseases are the primary factors expected to drive the growth of global liver function tests. Also, The growing prevalence of hepatitis B and other liver diseases is projected to grow the market for liver function tests.
Furthermore, other factors that are playing an important role in the growth of the liver function tests market are the growing geriatric population, frequently increasing occurrence of liver diseases, the rising use of enhanced technology, and the rise in alcohol intake.
Market Restraints
However, high cost of the research & development, and complex government approval processes and regulations are the key restraints for the global liver function tests market.
Market Segmentation
The Global Liver Function Test Market is segmented into Product, Components, End-Use, and Region.
Based on Product, the Global Liver Function Test Market is segmented into Alanine Aminotransferase Test, Aspartate Aminotransferase Test, Alkaline Phosphatase Test, Gamma GT Test, Albumin, Total Bilirubin and Others.
Further, based on End-Use, the market is segmented in Disease Diagnosis, Blood Routine Analysis, Disease Prevention and Others.
Regional Analysis
The Global Liver Function Test Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the Liver Function Test Market due to the presence of highly equipped laboratories, advanced technology in diagnostic devices, and availability of medical facilities such as medical reimbursement and insurance.
The Europe and the Asia Pacific region are also estimated to have a positive influence on future growth. Europe is the second large region with significant market share in 2022.
Key Players
Various key players are discussed into the Global Liver Function Test Market Report including: F.Hoffmann-La Roche Ltd., Alpha Laboratories Ltd., Abbott, Biobase Biodusty (Shandong), Co., Ltd., Thermo Fisher Scientific Inc., ELITechGroup, Randox Laboratories Ltd., HORIBA Ltd., Laboratory Corporation of America Holdings, SCHENCK USA.CORP, and Others.
Market Taxonomy
By Product
• Alanine Aminotransferase Test
• Aspartate Aminotransferase Test
• Alkaline Phosphatase Test
• Gamma GT Test
• Albumin
• Total Bilirubin
• Others
By Components
• Hepatocellular Labs
• Cholestasis Labs
• Synthetic Function Tests
By End-Use
• Disease Diagnose
• Blood Routine Analysis
• Disease Prevention
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Liver Function Test Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Liver Function Test Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact Of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Liver Function Test Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Liver Function Test Market Share Analysis, By Product
5.3 Global Liver Function Test Market Size and Forecast, By Product
5.3.1 Alanine Aminotransferase Test
5.3.2 Aspartate Aminotransferase Test
5.3.3 Alkaline Phosphatase Test
5.3.4 Gamma GT Test
5.3.5 Albumin
5.3.6 Total Bilirubin
5.3.7 Others
6 Global Liver Function Test Market, By Components
6.1 Y-o-Y Growth Comparison, By Components
6.2 Global Liver Function Test Market Share Analysis, By Components
6.3 Global Liver Function Test Market Size and Forecast, By Components
6.3.1 Hepatocellular Labs
6.3.2 Cholestasis Labs
6.3.3 Synthetic Function Tests
7 Global Liver Function Test Market, By End-Use
7.1 Y-o-Y Growth Comparison, By End-Use
7.2 Global Liver Function Test Market Share Analysis, By End-Use
7.3 Global Liver Function Test Market Size and Forecast, By End-Use
7.3.1 Disease Diagnose
7.3.2 Blood Routine Analysis
7.3.3 Disease Prevention
7.3.4 Others
8 Global Liver Function Test Market, By Region
8.1 Global Liver Function Test Market Share Analysis, By Region
8.2 Global Liver Function Test Market Share Analysis, By Region
8.3 Global Liver Function Test Market Size and Forecast, By Region
9 North America Liver Function Test Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Liver Function Test Market Share Analysis, By Product
9.3 North America Liver Function Test Market Share Analysis, By Components
9.4 North America Liver Function Test Market Size and Forecast, By End-Use
9.5 North America Liver Function Test Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Liver Function Test Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Liver Function Test Market Share Analysis, By Product
10.3 Europe Liver Function Test Market Share Analysis, By Components
10.4 Europe Liver Function Test Market Size and Forecast, By End-Use
10.5 Europe Liver Function Test Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Liver Function Test Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Liver Function Test Market Share Analysis, By Product
11.3 Asia Pacific Liver Function Test Market Share Analysis, By Components
11.4 Asia Pacific Liver Function Test Market Size and Forecast, By End-Use
11.5 Asia Pacific Liver Function Test Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Liver Function Test Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Liver Function Test Market Share Analysis, By Product
12.3 Latin America Liver Function Test Market Share Analysis, By Components
12.4 Latin America Liver Function Test Market Size and Forecast, By End-Use
12.5 Latin America Liver Function Test Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Liver Function Test Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Liver Function Test Market Share Analysis, By Product
13.3 Middle East Liver Function Test Market Share Analysis, By Components
13.4 Middle East Liver Function Test Market Size and Forecast, By End-Use
13.5 Middle East Liver Function Test Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 F.Hoffmann-La Roche Ltd.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Alpha Laboratories Ltd.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.25 Key Market Developments
15.2.6 Key Strategies
15.3 Abbott
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Biobase Biodusty (Shandong), Co., Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Thermo Fisher Scientific Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 ELITechGroup
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Randox Laboratories Ltd.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 HORIBA Ltd.
15. 8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Laboratory Corporation of America Holdings
15.9.1 Overview
15.9.2 Offerings
15.4.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 SCHENCK USA.CORP
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies