Global Therapeutic Drug Monitoring market was worth $1,692.9 billion in 2021 and is expected to reach $2854.83 billion by 2028, growing at a CAGR of 9.10%.
FrequentlyAsked Questions
The therapeutic drug monitoring market is predicted to develop due to factors such as an increase in demand for better healthcare in the urban population, an increase in the number of organ transplant surgeries, and the use of therapeutic drug monitoring in traditional anticancer therapy.
According to the Market Research report, the global Therapeutic Drug Monitoring market was worth about 1692.90 (USD billion) in 2021 and is predicted to grow to around 2854.83 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 9.10 percent.
North America leads the global Therapeutic Drug Monitoring because of the region's technologically advanced healthcare infrastructure. Due to increased investments in the region, Asia-Pacific (APAC) is predicted to develop significantly during the forecast period of 2022 to 2029.
Some of the main competitors dominating the global Therapeutic Drug Monitoring market include - Abbott (US), Thermo Fisher Scientific (US), F. Hoffmann-La Roche Ltd. (Switzerland), Siemens Healthineers AG (Germany), Danaher Corporation (US), Bio-Rad Laboratories (US), bioMérieux SA (France), Theradiag SA (France), Grifols S.A. (Spain), Exagen Inc. (US), R-Biopharm AG (Germany), ApDia Group (Belgium), UTAK (US), Randox Laboratories Ltd. (Ireland), ARK Diagnostics, Inc. (US). BioTeZ Berlin-Buch GmbH (Germany), Eagle Biosciences, Inc. (US), Jasem Laboratory Systems and Solutions (Turkey), Aalto Scientific, Ltd. (US), Immundiagnostik AG (Germany), Sekisui Medical Co. Ltd. (Japan), DiaSystem Scandinavia AB (Sweden), Cambridge Life Sciences Limited (UK), Chromsystems Instruments & Chemicals GmbH (Germany), and BÜHLMANN Laboratories (Switzerland).
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