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The therapeutic drug monitoring market size has the potential to grow by USD 998.81 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (consumables and equipment), end-user (hospitals, private laboratories, and others), drug class (antiepileptics, immunosuppressants, antibiotics, antiarrhythmics, and others), and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Abbott Laboratories, bioMérieux SA, Bio-Rad Laboratories Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Grifols SA, Merck KGaA, Sekisui Chemical Co. Ltd., Siemens Healthineers AG, and Thermo Fisher Scientific Inc.
Browse TOC and LoE with selected illustrations and example pages of Therapeutic Drug Monitoring Market
The therapeutic drug monitoring market is fragmented. Abbott Laboratories, bioMérieux SA, and Bio-Rad Laboratories Inc. are some of the major market participants. Factors such as increasing demand for personalized medicine, an increase in funding from government and private enterprises, and growing demand for the effective treatment of chronic disorders will offer immense growth opportunities. However, a shortage of skilled technicians for performing diagnostic techniques, lack of standardization of various devices, and stringent government regulations coupled with product recalls may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this therapeutic drug monitoring market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this therapeutic drug monitoring market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Drug Class
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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