North America held the largest share of the esoteric testing market, which is expected to grow with CAGR of 11.8% to USD 19,159.7 Mn by 2025 from USD 8,398.6 Mn in 2017, due to rising prevalence of infectious diseases, growing awareness regarding early detection using specific diagnostic tests, and increasing geriatric population & associated growth in chronic diseases.

According to our latest study on "Esoteric Testing Market Size Report, Forecasts to 2025 – COVID-19 Impact and Global Analysis – by Technology, Test Type, and End User,” the market is expected to grow from $45 billion by 2025 from $19.86 billion in 2017. Based on technology, real-time PCR is expected to grow at the fastest rate during 2018-2025 owing to the capacity of the PCR to bind with sequence-specific probes.

Early diagnosis of a medical condition opens the door to treatment and future care. The earlier diagnosis of diseases helps the medical professionals and patients to take up various important medical decisions in terms of care, support needs, financial and legal matters. There exists a large number of advantages to obtaining accurate and early diagnosis after noticing of cognitive symptoms related to a particular medical condition. These benefits include reversal of symptoms, effective, sooner and early treatment of the individual, empowerment of the patient, time for better decision making and others. Laboratory examination is one of the very effective and popularly practiced testing technique for diagnosis of diseases associated with various medical specialties including neurological disorders, genetic diseases, cancer, endocrinological disorders and others. The esoteric testing and genetic testing are performed in the field of diabetes, cardiovascular, lipid disorders and cancer, and genetic diseases. The increasing awareness among global populace regarding the importance of early disease detection is a major factor responsible to drive the growth of global esoteric testing market.

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https://www.globenewswire.com/en/news-release/2023/06/23/2693888/0/en/Esoteric-Testing-Market-Growth-Report-Reach-45-Billion-Globally-by-2025-with-11-7-CAGR-Exclusive-Research-by-The-Insight-Partners.html

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