Product Code: ETC8844545 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Lipid panel testing is a crucial diagnostic tool for assessing cholesterol and triglyceride levels. The Philippine market for lipid panel testing is growing due to the rising incidence of cardiovascular diseases and increased awareness of preventive healthcare. The expansion of diagnostic laboratories and improved healthcare access are key market drivers.
The rising awareness of cardiovascular health and the importance of regular lipid testing are key drivers of the lipid panel testing market in the Philippines. The growing prevalence of heart-related diseases has led to increased demand for routine cholesterol and lipid profile screenings. Technological advancements in diagnostic tools have made testing more accessible and efficient. Additionally, government healthcare programs promoting preventive diagnostics are contributing to market growth.
The lipid panel testing market struggles with low screening rates and limited healthcare accessibility. Many Filipinos do not undergo routine cholesterol and lipid screenings due to a lack of awareness or healthcare affordability concerns. Additionally, the availability of diagnostic facilities is limited in rural areas, reducing early detection of lipid disorders. The preference for self-diagnosis and alternative medicine further slows market growth.
The growing awareness of cardiovascular health is driving demand for lipid panel testing in the Philippines. Investment in diagnostic labs, mobile testing services, and telehealth-integrated lipid testing presents significant growth potential. Companies focusing on affordable and accessible lipid testing solutions can establish a strong market presence.
The Department of Health (DOH) and the Food and Drug Administration (FDA) regulate lipid panel testing in the Philippines, ensuring that laboratories comply with clinical testing standards. The Research Institute for Tropical Medicine (RITM) oversees the accreditation of medical laboratories conducting lipid panel tests, ensuring they meet Good Laboratory Practices (GLP). The government promotes universal health screening through public health initiatives, encouraging cholesterol and lipid level monitoring, particularly for high-risk individuals. Under PhilHealth, lipid panel testing is partially covered, making diagnostic services more accessible.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Lipid Panel Testing Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Lipid Panel Testing Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Lipid Panel Testing Market - Industry Life Cycle |
3.4 Philippines Lipid Panel Testing Market - Porter's Five Forces |
3.5 Philippines Lipid Panel Testing Market Revenues & Volume Share, By Products & Services, 2021 & 2031F |
3.6 Philippines Lipid Panel Testing Market Revenues & Volume Share, By Prescription Mode, 2021 & 2031F |
3.7 Philippines Lipid Panel Testing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Lipid Panel Testing Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Philippines Lipid Panel Testing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Lipid Panel Testing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Lipid Panel Testing Market Trends |
6 Philippines Lipid Panel Testing Market, By Types |
6.1 Philippines Lipid Panel Testing Market, By Products & Services |
6.1.1 Overview and Analysis |
6.1.2 Philippines Lipid Panel Testing Market Revenues & Volume, By Products & Services, 2021- 2031F |
6.1.3 Philippines Lipid Panel Testing Market Revenues & Volume, By Devices, 2021- 2031F |
6.1.4 Philippines Lipid Panel Testing Market Revenues & Volume, By Kits, 2021- 2031F |
6.1.5 Philippines Lipid Panel Testing Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Philippines Lipid Panel Testing Market, By Prescription Mode |
6.2.1 Overview and Analysis |
6.2.2 Philippines Lipid Panel Testing Market Revenues & Volume, By Prescription-Based Testing, 2021- 2031F |
6.2.3 Philippines Lipid Panel Testing Market Revenues & Volume, By OTC-Based Testing, 2021- 2031F |
6.3 Philippines Lipid Panel Testing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Lipid Panel Testing Market Revenues & Volume, By Hyperlipidemia, 2021- 2031F |
6.3.3 Philippines Lipid Panel Testing Market Revenues & Volume, By Hypertriglyceridemia, 2021- 2031F |
6.3.4 Philippines Lipid Panel Testing Market Revenues & Volume, By Familial Hypercholesterolemia, 2021- 2031F |
6.3.5 Philippines Lipid Panel Testing Market Revenues & Volume, By Hypo lipoproteinemia, 2021- 2031F |
6.3.6 Philippines Lipid Panel Testing Market Revenues & Volume, By Tangier Disease, 2021- 2031F |
6.3.7 Philippines Lipid Panel Testing Market Revenues & Volume, By Atherosclerosis, 2021- 2031F |
6.4 Philippines Lipid Panel Testing Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Lipid Panel Testing Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Philippines Lipid Panel Testing Market Revenues & Volume, By Specialty Clinics & Physician Offices, 2021- 2031F |
6.4.4 Philippines Lipid Panel Testing Market Revenues & Volume, By Pathology Laboratories, 2021- 2031F |
6.4.5 Philippines Lipid Panel Testing Market Revenues & Volume, By Diagnostic Clinics, 2021- 2031F |
6.4.6 Philippines Lipid Panel Testing Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.4.7 Philippines Lipid Panel Testing Market Revenues & Volume, By Reference Laboratories, 2021- 2031F |
6.4.8 Philippines Lipid Panel Testing Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Philippines Lipid Panel Testing Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Philippines Lipid Panel Testing Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Lipid Panel Testing Market Revenues & Volume, By Direct Tender, 2021- 2031F |
6.5.3 Philippines Lipid Panel Testing Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
6.5.4 Philippines Lipid Panel Testing Market Revenues & Volume, By Online Sales, 2021- 2031F |
6.5.5 Philippines Lipid Panel Testing Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Lipid Panel Testing Market Import-Export Trade Statistics |
7.1 Philippines Lipid Panel Testing Market Export to Major Countries |
7.2 Philippines Lipid Panel Testing Market Imports from Major Countries |
8 Philippines Lipid Panel Testing Market Key Performance Indicators |
9 Philippines Lipid Panel Testing Market - Opportunity Assessment |
9.1 Philippines Lipid Panel Testing Market Opportunity Assessment, By Products & Services, 2021 & 2031F |
9.2 Philippines Lipid Panel Testing Market Opportunity Assessment, By Prescription Mode, 2021 & 2031F |
9.3 Philippines Lipid Panel Testing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Lipid Panel Testing Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Philippines Lipid Panel Testing Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Lipid Panel Testing Market - Competitive Landscape |
10.1 Philippines Lipid Panel Testing Market Revenue Share, By Companies, 2024 |
10.2 Philippines Lipid Panel Testing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |