The global cholesterol monitor market is projected to be worth US$ 2,660.3 million in 2023. From 2023 to 2033, the cholesterol monitors market is projected to grow at a 7.3% compound annual growth rate (CAGR) and produce US$ 5,379.2 million in revenue.
In order to successfully maintain cardiovascular health and track cholesterol levels, cholesterol monitoring is essential to preventative healthcare. The demand for cholesterol monitoring tools and solutions is predicted to rise as the prevalence of cardiovascular illnesses continues to rise globally due to factors like aging populations, bad eating habits, and sedentary lifestyles.
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Population Aging: An Important Market Factor
The aging population is a major factor driving the market for cholesterol monitors. The Department of Economic and Social Affairs projects that by 2050, there will be a 21.1% increase in the number of people over 60 worldwide. According to research from the United Health Foundation, 12.5% of persons 60 years of age and older had raised cholesterol, highlighting the vulnerability of this cohort to high cholesterol.
Early Identification for Better Results
Regular cholesterol testing is essential for early detection and risk management because high cholesterol frequently exhibits no symptoms at all. Several blood lipid levels are measured by these tests, including:
- Triglycerides
- HDL stands for high-density lipoprotein, or “good” cholesterol.
- LDL cholesterol is referred to as “bad” cholesterol.
- Total Cholesterol
Monitoring cholesterol levels helps individuals reduce their risk of developing:
- Peripheral artery disease (PAD)
- Heart attack
- Stroke
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Competitive Landscape:
Key cholesterol monitors manufacturers have entered into merger agreements to expand their portfolios and provide effective services that can assist in managing infectious diseases and uncontrollable cholesterol levels.
Prominent Cholesterol Monitors Manufacturers
- Roche Diagnostics
- PTS Diagnostics
- Omron Healthcare, Inc.
- ACON Laboratories, Inc.
- AccuTech
- LLC
- Alere Inc.
- Siemens
- Medline Industries, Inc.
- Abaxis, Inc.
- ManthaMed
- Fisher Scientific
Key Segments:
By Product Type:
- Single-sided COD Chip-On-Flex
- Other Chip-On-Flex Types
By End Users:
- Military
- Medical
- Aerospace
- Electronics
- Other Verticals
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Japan
- Middle East and Africa
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