Aspartate Transaminase Test Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.76 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The Aspartate Transaminase (AST) Test Market has shown notable growth between 2018 and 2022, with increasing demand driven by the growing awareness of liver health and the prevalence of liver diseases. AST, also known as serum glutamate oxaloacetate transaminase (SGOT), is an important enzyme found in the liver, heart, and muscles, and testing for its levels is crucial in diagnosing liver damage, heart attacks, and other conditions. From 2018 to 2022, the market for AST tests was characterized by advancements in diagnostic technologies and a surge in the number of hospitals and diagnostic centers adopting these tests globally. Rising health awareness and an aging population, particularly in developed countries, further fueled the demand for these diagnostic tests.
During this period, the market saw considerable shifts in demand, particularly from emerging economies, where healthcare infrastructure was expanding rapidly. The availability of more accessible and affordable testing methods contributed to this growth. Technological advancements in diagnostic devices, such as automated analyzers, led to more accurate and quicker results, driving their adoption across various healthcare settings. Additionally, the increasing number of chronic disease cases, such as hepatitis, cardiovascular diseases, and liver cirrhosis, also impacted the demand positively, especially in regions like North America and Europe, where healthcare systems are more advanced. However, the market faced challenges such as high test costs in low-income regions and the complexity of some diagnostic instruments, which limited the wider adoption of AST testing in these areas.
Looking ahead to the demand from 2023 to 2033, the Aspartate Transaminase Test Market is expected to experience continued growth, with a shift towards more personalized and point-of-care testing solutions. The increasing prevalence of lifestyle diseases, including obesity and diabetes, will contribute to higher demand for AST testing, as these conditions often lead to liver damage. Furthermore, the rise of telemedicine and home-based testing could make AST testing more accessible to patients in remote areas, expanding the market further. As new, cost-effective diagnostic solutions emerge, they are expected to drive greater adoption in emerging economies, resulting in a more globalized market. Advances in precision medicine and liver disease biomarkers are also expected to enhance the value proposition of AST testing in clinical settings.
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Alpha Laboratories
Biobase Group
ELITechGroup
Horiba Medical.
Laboratory Corporation of America Holdings
Randox Laboratories Ltd
Thermo Fisher Scientific Inc.
Abbott Laboratories
Roche Diagnostics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aspartate Transaminase Test Market
Hospitals and Clinics
Diagnostic Laboratories
Others
Based on Types the Market is categorized into Below types that held the largest Aspartate Transaminase Test market share In 2023.
Instruments
Consumables
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aspartate Transaminase Test Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aspartate Transaminase Test Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aspartate Transaminase Test Market, By Type
6. Global Aspartate Transaminase Test Market, By Application
7. Global Aspartate Transaminase Test Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Aspartate Transaminase Test Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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