The global endocrine testing market features a fairly oligopolistic structure with the top five players occupying a combined market share of 90.0% in 2014, finds Transparency Market Research (TMR). These companies are Siemens Healthineers, DiaSorin, Agilent Technologies, Abbott Laboratories, and F. Hoffmann-La Roche AG. Among the leading players, Roche emerged as the dominant players in 2014. The leading companies are developing advanced lab automation systems, next-generation sequencing platforms, endocrine test kits, and analyzers.
Presently, strict competition exists among the key market players and the competitive landscape is expected to intensify further in the coming years. Advancement in product portfolio and developing innovative technologies are the key focus points for players hoping to gain a sustained share in the global endocrine testing market.