Global Therapeutic Drug Monitoring Market Size and Revenue Forecasts
The report on the Global Therapeutic Drug Monitoring Market initially offers an in-depth overview of the Therapeutic Drug Monitoring Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
The global therapeutic drug monitoring market size reached USD 1.75 Billion in 2021 and is expected to register a revenue CAGR of 9.3% during the forecast period, according to latest analysis by Emergen Research. Therapeutic Drug Monitoring (TDM) market revenue growth is driven by factors such as increasing preference of precision medicine, importance of TDM across various therapeutic fields, importance of TDM in organ transplant procedures, growing focus on RD related to TDM, increasing adoption in the treatment of autoimmune diseases and technological advancements.
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The report highlights the current impact of COVID-19 on the Therapeutic Drug Monitoring market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Therapeutic Drug Monitoring according to the impact of COVID-19.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Therapeutic Drug Monitoring market expected to boost the growth of the industry in the coming years.
Therapeutic Drug Monitoring Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Consumables
- Equipment
- Immunoassay Analyzers
- Chromatography MS Detectors
- Clinical Chemistry Analyzers
- Others
Technology Outlook (Revenue, USD Billion; 2019-2030)
- Immunoassays
- Chemiluminescence Immunoassays
- Fluorescence Immunoassays
- Colorimetric Immunoassays
- Radio Immunoassays
- Chromatography-MS
- Liquid Chromatography-MS
- Gas Chromatography-MS
- Immunoassays
Class of Drugs Outlook (Revenue, USD Billion; 2019-2030)
- Anti-Epileptic Drugs
- Anti-Arrhythmic Drugs
- Immunosuppressant Drugs
- Antibiotic Drugs
- Bronchodilator Drugs
- Psychoactive Drugs
- Other Drugs
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Therapeutic Drug Monitoring market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Abbott, Thermo Fisher Scientific Inc., F. Hoffmann-LA Roche Ltd., Siemens Healthcare GmbH, Danaher, Bio-Rad Laboratories, Inc., BIOMÉRIEUX, Grifols, S.A., Exagen Inc., apDia Group
Regional Landscape section of the Therapeutic Drug Monitoring report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Therapeutic Drug Monitoring market throughout the forecast period?
- What are the current and future market trends of the Therapeutic Drug Monitoring market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
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Highlights of Table of Contents (TOC):
- Overview of Global Therapeutic Drug Monitoring Market
- Competitive analysis of the Therapeutic Drug Monitoring market
- Regional analysis of Global Therapeutic Drug Monitoring market production and revenue
- Regional analysis of Global Therapeutic Drug Monitoring market supply, consumption, and export import
- Type-based market analysis of global Therapeutic Drug Monitoring production, revenue, and price trends
- Application-based analysis of the global Therapeutic Drug Monitoring market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Therapeutic Drug Monitoring market
- Conclusion of the research report
- Appendix
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