Zion Market Research, the market research group announced the analysis report titled 'Addison Disease Testing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'
Sarasota, FL -- (SBWIRE) -- 07/19/2017 -- Global Addison Disease Testing Market: Overview
Chronic adrenocortical insufficiency is the alternative name for Addison disease, which occurs due to the injury of the adrenal cortex which causes insufficient generation of the hormone aldosterone and cortisol. The symptoms of the disease include weight loss, extreme fatigue, decreased appetite, low blood pressure, hyperpigmentation, and several others. If not treated can cause the Addisonian crisis, which is a medical emergency that can result in death.
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Global Addison Disease Testing Market: Segmentation
The market for Addison disease testing is globally fragmented into its testing type and end user. On the basis of testing type, the global market is segregated into laboratory testing and imaging studies. The laboratory testing segment is further sub-segregated into thyroid-stimulating hormone (TSH) levels, insulin-induced hypoglycemia test, prolactin testing, comprehensive metabolic panel, ACTH stimulation test, and autoantibody testing. The imaging studies segment is sub-categorized into computed tomography (CT) scan and chest radiograph. Based on the end user, the market is categorized into clinics, hospitals, and diagnostics laboratories.
Global Addison Disease Testing Market: Growth Factors
Increased rate of adrenal insufficiency increased the cases of the Addison diseases, thus contributing to the Addison disease testing market growth. The other factors that are contributing to the market growth are the growing initiatives taken by the government for the development of the healthcare sector and offering better access to the increasing population with the advanced diagnostic service facilities is triggering the growth of the market. Furthermore, the rise in the number of the private providers of diagnostic services will contribute to the overall testing service market. There is an inadequacy in the access of the healthcare facilities in different regions of the world, which in turn is curbing the Addison disease testing market to grow. Another factor that is restricting the growth of the market is the lack of awareness of the symptoms.
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Global Addison Disease Testing Market: Regional Analysis
The market for Addison disease testing is geographically diversified into Eastern Europe, North America, Western Europe, the Middle East & Africa, Latin America, and Asia Pacific. The largest market for the Addison disease testing is held by the North America. The factors that are influencing the market growth in this region are increasing concerns and awareness related to the human health and the efforts and initiatives that are taken by the government towards this direction. North America is followed by European region. The reasons for the development of the market in this region are the increasing cases of the disease and the availability of good diagnostic services. In Asia Pacific region, the growth of the market will be at an increasing speed in the coming years due to the increased incidences of the disease and the availability of advanced diagnostic and healthcare services. The market growth in the Middle East and African region is moderate; it has new opportunities in the market but requires better investments.
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Global Addison Disease Testing Market: Competitive Players
The key market players that are involved in the Addison disease testing market include Any Lab Test Now, Laboratory Corporation of America Holdings, Core Diagnostics Private Limited, Sonora Quest Laboratories, Ayumetrix, Diagnostic Laboratory Services, Inc., Dr. Lal PathLabs, and others.
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