Endocrine Peptide Test Market Size, Share, Growth, Forecast 2030

Industry Prospective

The global endocrine peptide test market was worth around $7.04 billion in 2021 and is predicted to grow to around $11 billion by 2028 at a CAGR rate of 8% over the forecast period.

In this report, we will cover the full overview, growth drivers, opportunities, and obstacles of the endocrine peptide test market from 2022 -to 2028

Endocrine Peptide Test Market: Overview

Endocrine peptide test is done to measure the level of C-peptide present in the bloodstream. They are very similar to insulin and they both are found in equal quantities in the body. The quantity of glucose is managed by insulin. The C-peptide measures the insulin secreted by the pancreas.

The sugar level in a person has no bearing on the c-peptide. It just gives the measure to indicate the insulin levels to test whether they are normal or below nominal. C-peptide is otherwise termed a connecting peptide. It is basically 31-amino acid polypeptide. This test is done to check whether somebody is diabetic-prone or the type of diabetes they have.

The test is basically performed by injecting the glucose inside the body and radiating energy. This will show the result as to what amount of C-peptide is actually present. They are also used to diagnose similar diseases with the measurement of C-peptide levels in the blood serum.

Request Free Sample

Covid-19 Impact:

The exponential increase in the number of infected patients during the pandemic triggered a huge demand for specialist treatment methods and tests. The healthcare infrastructure that is currently available was not capable enough to treat millions of people who fell ill during the pandemic times. Any chance to improve diagnosis methods and treatments was implemented and supported by the governments to satisfy the massive demand. Hence the endocrine peptide test market grew at a considerable rate with so many diabetic and immuno-compromised people waiting to get tested when the pandemic was in a rage. Although people suffered to commute to reach clinics and hospitals due to severe lockdowns and curfews, the demand for such testing routines increased rapidly.

 Endocrine Peptide Test Market: Growth Drivers

Prevalence of diabetes amongst the masses induces market growth

One of the main factors that propel the demand for endocrine peptide testing is the extreme prevalence of diabetic patients all over the world. Thyroid disorders and infertility have also been very predominant in recent times which triggers excessive leverage of endocrine peptide tests.

The other factors which drive market growth t a large extent are supposed to be the decreasing level of immunity in people across the world. There is always a high risk of contracting any chronic diseases because of the complications that prevail today amongst people. Technological advancements in medical fields with testing and diagnosing methods have become more prominent and any infrastructural improvisations along those lines are welcomed & accepted exclusively. This also boosts growth in the global endocrine peptide test market as many people consume the test in excess.

Home-based diagnoses for all sicknesses and diseases are also gaining a lot of demand. The easily accessible kits make the testing easier for people as the geriatric population in every region has increased to a certain level. The complications and risk of developing chronic diseases amongst the older population have triggered them to opt for self-diagnosis and treatment methods. These cost-effective diagnostic kits for home testing also improve the leverage quotient of the tests thereby spiking up the market rate.

Endocrine Peptide Test Market: Report Scope

Endocrine Peptide Test Market: Restraints

High costs associated with endocrine peptide testing methods hamper the market growth

The cost and expenses associated with these testing methods impede market growth to a certain extent. Lack of awareness and appropriate healthcare infrastructures to provide these tests in developing countries also lessen the consumption of these diagnostic tests. All these factors restrain the market growth of endocrine peptide tests to a large extent

Endocrine Peptide Tests Market: Opportunities

Advancement in the endocrine testing method to bring precision is a great opportunity for market expansion

The endocrine peptide tests conducted in recent times are now integrated with mass spectrometry to increase the accuracy of the result. This aids the testing methods to be fully automated and brings precision to the output thereby improving the consumption rate. This factor provides lucrative opportunities for market expansion in the future.

Endocrine Peptide Tests Market: Challenges

High costs associated with these testing methods pose a challenge to the market

The affordability and accessibility of these endocrine testing in developing countries are still a problem due to the high cost associated with these testing methods. The rising prominence of diseases and chronic illness across the world trigger people to opt for low-cost testing methods. This factor poses a challenge to the market growth of the global endocrine peptide test market.

Lack of proper healthcare infrastructure also poses a challenge to the market growth

Many developing countries across the world suffer from the evident lack of good healthcare infrastructures to support such testing methods. Hence the accessibility of these endocrine peptide testing methods is very low which induces a challenge to the global market.

Endocrine Peptide Test Market: Segmentation

The global endocrine peptide test market is fragmented into its test type, end-user industry, and region. On the basis of the test type, the global market is segregated into dehydroepiandrosterone sulfate, progesterone, luteinizing hormone, thyroid prolactin, oestradiol, human chorionic gonadotropin, thyroid-stimulating hormone, and others. On the basis of the end-user industry, the market is categorized into clinics, healthcare centers, hospitals, and commercial laboratories.

Recent Developments:

In June 2022, at ENDO 2022, the Endocrine Society presented a clinical study about the development of PEC-Direct, a stem cell-based therapy to treat high-risk type 1 diabetes. It is deemed to function as a replacement pancreas.

Competitive Landscape:

The key global endocrine peptide test market players are Agilent Technologies, Abbott Laboratories, Biomedical Diagnostics, Bio-Rad Laboratories, Hoffman- La Roche Ltd, ImmunoDX, Laboratory Corporation, Nano Entek, Siemens AG, Thermo Fischer Scientific Inc., and BioMerieux.

Regional Landscape:

North America leads as the major contributor to the global endocrine peptide tests market due to the excessive presence of endocrine disorders in that region. There is also an increase in the overall rate of the geriatric population which leads to an increase in the leverage of endocrine tests. Western Europe trails as the second-best contributor to the global market owing to the improving healthcare infrastructures.

Request Free Sample

Government initiatives to ease the affordability and accessibility of healthcare services trigger a huge demand thereby improving the market rate as well.

Endocrine Peptide Test Market: Competitive Space

The global Endocrine Peptide Test market profiles key players such as:

• Agilent Technologies
• Abbott Laboratories
• Biomedical Diagnostics
• Bio-Rad Laboratories
• Hoffman- La Roche Ltd
• ImmunoDX
• Laboratory Corporation
• Nano Entek
• Siemens AG
• Thermo Fischer Scientific Inc
• BioMerieux

Global Endocrine Peptide Test Market is segmented as below:

By Test-Type

• Dehydroepiandrosterone Sulphate
• Progesterone
• Luteinizing hormone
• Thyroid Prolactin
• Oestradiol
• Human Chorionic Gonadotropin
• Thyroid-stimulating Hormone
• Others

By End-Users

• Clinics
• Healthcare Centers
• Hospitals
• Commercial Laboratories

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa