Therapeutic Drug Monitoring Market : Industry Analysis, Share, Segmentation, Price Trends and Regional Analysis

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Therapeutic Drug Monitoring Market Size – USD 1.75 Billion in 2021, Market Growth – at a CAGR of 9.3%, Market Trends – Importance of TDM in organ transplant procedures

Emergen Research’s latest market research report focuses on the global Therapeutic Drug Monitoring market, and the report provides in-depth analysis of each of its major segments. Reports about the global Therapeutic Drug Monitoring market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Therapeutic Drug Monitoring industry projections and qualitative and quantitative assessments have been provided by the report's authors.

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 contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Therapeutic Drug Monitoring market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Therapeutic Drug Monitoring market concerning COVID-19.

It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as

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

Additional information offered by the report:

  • Along with a complete overview of the global Therapeutic Drug Monitoring market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Therapeutic Drug Monitoring market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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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)

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
      1. Immunoassay Analyzers
      2. Chromatography MS Detectors
      3. Clinical Chemistry Analyzers
      4. Others
  • Technology Outlook (Revenue, USD Billion; 2019-2030)

    • Immunoassays
      1. Chemiluminescence Immunoassays
      2. Fluorescence Immunoassays
      3. Colorimetric Immunoassays
      4. Radio Immunoassays
    • Chromatography-MS
      1. Liquid Chromatography-MS
      2. Gas Chromatography-MS
  • 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 report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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