#Thyroid Cancer Market 2025
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waghaditi · 3 hours ago
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Thyroid Function Test Market Insights Focusing On Emerging Trends And Future Expansion
The thyroid function test market is expanding significantly due to the increasing prevalence of thyroid disorders, advancements in diagnostic technology, and rising awareness of early disease detection. The growing adoption of automated diagnostic tools, the emergence of home-based testing kits, and the integration of AI in medical diagnostics are key factors shaping the industry. As healthcare infrastructure improves globally, the demand for thyroid function tests continues to rise, creating new opportunities for market players. This article explores the market insights, trends, opportunities, and challenges influencing the thyroid function test market from 2025 and beyond.
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Market Growth Drivers
Rising Prevalence Of Thyroid Disorders – Increasing cases of hypothyroidism, hyperthyroidism, and thyroid cancer are fueling the demand for diagnostic tests.
Advancements In Diagnostic Technologies – Introduction of automated immunoassays, point-of-care testing, and digital diagnostic platforms is enhancing market growth.
Increasing Geriatric Population – Older individuals are more susceptible to thyroid dysfunction, leading to higher demand for testing services.
Growing Adoption Of Preventive Healthcare – Increased health awareness and early disease detection strategies are driving market expansion.
Rising Demand For Personalized Medicine – The integration of genetic testing and targeted treatments is improving thyroid disorder management.
Government Initiatives And Funding – Various healthcare programs and subsidies are promoting thyroid screening and diagnostics.
Increasing Use Of AI In Diagnostics – AI-driven diagnostic tools are enhancing accuracy, reducing errors, and speeding up test result analysis.
Expansion Of Telemedicine Services – Remote consultations and digital test result analysis are improving accessibility to thyroid testing.
Growing Awareness In Emerging Markets – Developing countries are witnessing increased awareness, boosting demand for thyroid function tests.
Healthcare Infrastructure Development – Investments in medical facilities and laboratory expansion are supporting market growth.
Market Trends From 2025
Surge In At-Home Testing Kits – The demand for self-testing solutions is increasing due to convenience and ease of use.
Development Of Biomarker-Based Tests – Research in biomarkers is leading to more precise and early detection of thyroid dysfunction.
Rising Popularity Of Mobile Health Apps – Digital platforms are providing real-time monitoring and guidance for thyroid health.
Growth Of Companion Diagnostics – Advanced diagnostic tools are enabling customized treatment plans based on individual test results.
Increasing Integration Of Cloud-Based Solutions – Cloud computing is improving test data storage, sharing, and accessibility for medical professionals.
Shift Towards Non-Invasive Testing Methods – Saliva and breath-based thyroid tests are emerging as alternatives to blood-based diagnostics.
Expanding Role Of Big Data In Healthcare – Data analytics is optimizing thyroid disease prediction, diagnosis, and treatment planning.
Emergence Of Smart Wearable Devices – Wearable health monitors are aiding in thyroid function tracking and real-time health assessment.
Enhancement In Molecular Diagnostic Techniques – The use of advanced molecular assays is improving test sensitivity and specificity.
Growing Interest In Epigenetic Research – Studies on epigenetic modifications are providing insights into thyroid disorder risk factors.
Opportunities For Market Players
Innovation In Diagnostic Tools – Companies investing in R&D for high-precision testing solutions can gain a competitive edge.
Strategic Partnerships With Healthcare Providers – Collaborations with hospitals and clinics can expand market reach and improve service offerings.
Expansion Into Untapped Markets – Increasing focus on developing regions with limited access to thyroid testing presents growth potential.
Adoption Of Subscription-Based Testing Models – Regular thyroid monitoring packages can enhance customer retention and revenue.
Investment In AI And Machine Learning – AI-powered diagnostic solutions can streamline test interpretation and improve efficiency.
Customization Of Test Offerings – Personalized diagnostic solutions catering to different demographics can boost market demand.
Focus On Cost-Effective Testing Solutions – Affordable testing options can increase accessibility in low-income populations.
Advancement In Home Healthcare Services – Home-based thyroid testing services can provide convenience and drive market adoption.
Development Of Smart Diagnostic Devices – Portable and digital testing devices can enhance accuracy and ease of thyroid function assessment.
Expansion Of Insurance Coverage – Increased inclusion of thyroid tests in insurance policies can encourage more people to undergo screening.
Challenges Impacting Market Growth
High Cost Of Advanced Testing Methods – Sophisticated diagnostic technologies require significant investment, limiting affordability.
Variability In Test Results – Differences in laboratory standards and methodologies can lead to inconsistent results.
Lack Of Skilled Healthcare Professionals – Shortage of trained lab technicians and endocrinologists may impact market efficiency.
Regulatory Compliance And Approval Delays – Strict regulations for diagnostic approvals can slow down the launch of new products.
Limited Awareness In Rural Areas – Many individuals in underdeveloped regions lack awareness about thyroid disorders and testing benefits.
Challenges In Data Security – With the rise of digital diagnostics, safeguarding patient data privacy is a critical concern.
Infrastructure Constraints In Developing Nations – Limited healthcare facilities and diagnostic centers restrict market expansion in certain regions.
Complexity Of Molecular And Genetic Testing – Advanced diagnostic techniques require specialized equipment and expertise.
Market Competition And Price Wars – Intense competition among market players can impact profit margins and pricing strategies.
Slow Adoption Of New Technologies – Hesitancy in adopting new diagnostic tools may slow market penetration in some regions.
Regional Market Insights
North America – High prevalence of thyroid disorders, advanced healthcare infrastructure, and strong market presence of key players drive growth.
Europe – Increasing government initiatives, widespread preventive healthcare adoption, and research advancements contribute to market expansion.
Asia-Pacific – Growing awareness, rising healthcare investments, and expanding medical facilities are fueling regional growth.
Latin America – Improvements in healthcare accessibility and increasing thyroid disease cases are driving market opportunities.
Middle East & Africa – Development of healthcare infrastructure and growing diagnostic capabilities are supporting market growth.
Future Outlook Beyond 2025
Adoption Of AI-Based Diagnostics – Machine learning algorithms will enhance test accuracy and efficiency.
Advancements In Genetic Screening – Expansion of genetic testing will provide deeper insights into thyroid disorder risks.
Wider Use Of Wearable Health Technology – Smartwatches and biosensors will play a bigger role in real-time thyroid monitoring.
Growth In Preventive Healthcare Programs – Governments and organizations will emphasize early detection strategies.
Breakthroughs In Precision Medicine – Personalized treatment approaches will improve patient outcomes in thyroid disorder management.
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gurtyw · 1 month ago
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global-research-report · 1 month ago
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Beyond the Basics: Revolutionizing the Blood Testing Landscape
The global blood testing market size is estimated to reach USD 160.50 billion by 2030, registering a CAGR of 8.83% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributable to various factors including the growing demand for the identification of infectious agents and increased healthcare spending by government and regulatory bodies. Furthermore, the rising prevalence of infectious diseases, such as diabetes, COVID-19, and cardiovascular diseases, is anticipated to drive market growth. For instance, according to the CDC in 2022, approximately 37.3 million people were diagnosed with diabetes in the United States, accounting for 11.3 % of the population.
This increasing prevalence of diabetes creates a significant demand for blood tests, thus contributing to the growth of the market. Furthermore, technological advancement in the products used for blood testing fuels the growth of the market. The availability of portable glucose meters that enable patients to perform routine checkups conveniently and anywhere has contributed to an expansion of the market. In addition, the monitoring of diabetes is crucial prior to any surgical intervention for patients with diabetes, which further drives the demand for these products. The introduction of new products is anticipated to fuel market growth over the projection period.
For instance, in May 2022, Labcorp introduced an at-home collection kit with Labcorp OnDemand, which allows individuals to measure their hemoglobin A1c (HbA1c) levels from a small blood sample to monitor their sugar levels. Key organizations, such as the American Red Cross, the New York Blood Center, America's Blood Centers, Armed Services Blood Program, AABB, and Blood Centers of America, play a crucial role in providing information on plasma collection and delivery. The rise in blood donations is expected to further drive the demand for testing products used in pre-transplant and post-transplant procedures, thereby boosting market growth.
Blood Testing Market Report Highlights
The glucose testing segment held the largest revenue share in 2024. The segment growth is supported by the increasing prevalence of both type I and type II diabetes, along with the growing number of cases related to hereditary diabetes
Continuous advancements in technology have led to the development of innovative blood testing methods and devices. These advancements, such as point-of-care testing, wearable devices, and improved laboratory testing techniques, drive market growth.
North America held the largest revenue share in 2024 and is expected to maintain its position throughout the forecast period; however, Asia Pacific is expected to grow at a significant rate from 2025 to 2030
Key players operating are focusing on product launches and geographical expansion to maintain their presence. For instance, in March 2023, Apple made notable progress in the development of non-invasive blood glucose monitoring technology, enabling individuals with diabetes and other conditions to measure their blood glucose levels without the need for skin pricks or traditional blood testing methods
In June 2022, Apollo Cancer Centers, in collaboration with Datar Cancer Genetics, introduced a blood test capable of detecting early-stage breast cancers in asymptomatic individuals.
Blood Testing Market Segmentation
Grand View Research has segmented the global blood testing market based on test type, and region:
Blood Testing Test Type Outlook (Revenue, USD Million, 2018 - 2030)
Glucose Testing
A1C Testing
Direct LDL Testing
Lipid Panel Testing
Prostate-specific Antigen Testing
COVID-19 Testing
BUN Testing
Vitamin-D Testing
Thyroid-stimulating Hormone (TSH)
Serum Nicotine/Cotinine
High sensitivity CRP Testing
Testosterone Testing
ALT Testing
Cortisol Testing
Creatinine Testing
AST Testing
Others Blood Tests
Blood Testing Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Sweden
Norway
Denmark
Russia
Asia Pacific
Japan
China
India
Australia
Thailand
South Korea
Singapore
Latin America
Brazil
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players
Abbott
Hoffmann-La Roche Ltd
Bio-Rad Laboratories, Inc.
bioMerieux
Quest Diagnostics Incorporated
Biomerica
BD
Siemens Healthineers AG
Danaher Corporation
Trinity Biotech Plc
Order a free sample PDF of the Blood Testing Market Intelligence Study, published by Grand View Research.
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anantpandey · 4 years ago
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Sorafenib Market Outlook and Opportunities in Grooming Regions 2020 to 2025
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The Sorafenib market report offers a detailed explanation of different Leading level industries that are functioning in global regions. The Sorafenib market was developed with a primary focus on the competitive sphere, retail, geographical expansion, and market dynamics, including drivers, constraints, and opportunities. In this report, various chapters deliver a logical understanding of the market scenarios with relevant examples. This report also analyzes the global market competition landscape, market drivers and trends, opportunities and challenges, sales channels, distributors, and Porter's Five Forces Analysis.
To Know More Details About This Report, Get Sample @ http://www.acquiremarketresearch.com/sample-request/387047
The objective of this examine is to determine market sizes for various sectors and countries in recent years and predict values for the next eight years. The report is created to integrate the qualitative and quantitative aspects of the industry both in the regions and in the countries participating in the study. In addition, the report also provides detailed information on key aspects, such as the drivers and challenges that will determine future market growth. In addition, the report should also incorporate opportunities in small markets for interested parties to invest together with a detailed analysis of the competitive landscape and product offerings of key stakeholders.
Major Market Players Covered In This Report:
Bayer, Natco Pharma, Cipla, Mylan
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The specified segments and sub-sections of the market are explained below:
By Product Type:
Patented Drugs, Generic Drugs
By Application/End-user:
Kidney Cancer, Liver Cancer, Thyroid Cancer
By country/region:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Reasons to Purchase this Report:
Trend estimates in the development of the 2020-2025 Sorafenib market with recent trends and SWOT analysis
The Scenario of market dynamics, along with opportunities for market growth in the coming years.
Regional and national analysis that combines demand and supply forces that influence market growth.
Market segmentation analysis, including qualitative and quantitative research that includes the impact of economic and political aspects.
A competitive landscape that includes the market share of key players, along with new projects and strategies adopted by players in the last five years.
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rameshjadhav · 2 years ago
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The Global Pruritus Therapeutics Market: An Exclusive Study On Upcoming Trends And Growth Opportunities from 2022-2028
The global Pruritus Therapeutics Market was estimated at USD 12.11 billion in 2021 and is projected to reach USD 16.37 billion by 2028, growing at a CAGR of 4.4% over the analysis period.
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Itchy skin is an uncomfortable and annoying sensation that causes people to scratch. Dry skin is a common cause of itchy skin, also known as pruritus. It is more common in older people as their skin dries up with age. The skin can appear normal, red, rough, or bumpy, depending on the reason for the itching. Repeated scratching can cause the skin to rise and thicken, which could bleed or become infected. Many people find relief with self-care methods such as frequent moisturizing, gentle cleansers, and warm baths. Long-term relief requires determining and treating the source of the itchy skin. Itching can also be caused by medical conditions like kidney failure, liver disease, thyroid disease, cancer, and diabetes. Antibiotics, antifungals, anticonvulsants, and some natural remedies such as topical application of coconut oil, vitamin E, and honey are used to treat the itching
The research goes into detail on the elements that drive market growth, including significant opportunities, growth drivers, as well as opportunities. Furthermore, it builds on previous data and the present business environment to forecast the industry's performance from 2020 to 2025. The study includes an extensive analysis of the workings of this business industry at regional and country levels in order to assess the industry size at a global level. Further, the study literature examines the dominating actors and assesses the techniques they use to maintain their position in the competitive arena. The present and predicted impact of the Covid-19 epidemic has also been considered, with a particular focus on income-generating opportunities and techniques to deal with the shifting situation
Read More: https://introspectivemarketresearch.com/reports/pruritus-therapeutics-market/
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ashapa · 2 years ago
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healthcare-market · 3 years ago
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Thyroid Gland Disorders Treatment Market to Observe Strong Development by 2025
The global thyroid gland disorder treatment market represents a highly competitive and fragmented landscape. This is mainly due to the presence of numerous small and large players in the market, says Transparency Market Research. 
Some of prominent players operating in the global thyroid gland disorder marker are Abbott, Pfizer, GlaxoSmithKline, Mylan N.V., and Amgen. These players are relying on several strategies such as partnership agreements, regional expansions, brand awareness activities, and increase product profiliration in order to gain a competitive edge in the market.  In addition, increasing FDA approval of novel drug patent for the treatment of thyroid gland disorder treatment market is expected to fuel rivalry among players in the coming years.
In june 2018, Hutchison China MediTech Limited, a key player in the global throid gland disorder treatment market has initiated a Phase Ib/II proof-of-concept study of sulfatinib in pancreatic neuroendocrine. Once developed and successfully tested the drug is expected to treat tumors and biliary tract cancer efficiently. This is expected to fuel tyroid gland disorder market in the coming years.
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In the same year, another player called AmpliPhi Biosciences Corporation presented a AB-PA01 Bacteriophage Therap. As per the company it is helpful in treating patient with cystic fibrosis.
According to TMR, the global thyroid gland disorders treatment market was noted at  a valuation of US$1,954.7 mn in 2016. The market is expected to rise at a steady 3.3% CAGR from 2017 to 2025. Rising at this CAGR, the global thyroid gland disorder treatment market is expected to hit a valuation of US$2,609.9 mn by 2025.
On the basis of geography, North America is anticipated to dominate the global thyroid gland disorder treatment market during the forecast period. This can be attributed by the fact higher investments in research and development of novel drugs and equipment for treatment of chronic disorders. Along with this, early adoption of advanced healthcare technologies, rising awareness and increasing geriatric populations are some of the predominant factors expected to drive the global thyroid gland disorder treatment market in the coming years. Based on disorder, the Hypothyroidism segment is expected to lead the global throid gland disorder treatment market in the forecast period.
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Side Effects of Thyroid Gland Disorder Treatment Drugs to Impede Growth
The global thyroid gland disorder treatment market is anticipated to garner a stready growth during the forecast period. Key factor contributing the growth of thyroid gland disorder treatment market include market include increasing prevalence of thyroid gland disorder, surge in geriatric people, rise in awareness programs by private and public body.
However, side effects of thyroid gland disorder treatment drugs, habit forming nature and stringent government regulations regarding the sales of medicines are some of the factors expected to hamper growth in the global thyroid gland disorder treatment market. In addition to this asymptomatic nature of thyroid gland disorder is one factor impeding growth in the thyroid gland disorder treatment market. This is because several thyroid gland disorder cases left untreated owing to poor diagnostic.
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Unprecedented Rise in Alcohol and Tobacco Consumptions to Drive Growth
Nevertheless, increasing cases of iodine deficiency across the globe is a strong factor expected to propel the growth in the global thyroid gland disorder treatment market.
Moreover, rise in alcohol and tobacco consumption also leads the thyroid disorders.  This is because they contain thiocyanate, a compound responsible to degrade thyroid functioning. This is also expected to open several opportunities for growth of the global thyroid gland disorder treatment market.
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This assessment of the global thyroid gland disorders treatment market is based on a recent market research report by Transparency Market Research, titled “Thyroid Gland Disorders Treatment Market (Disorders - Hypothyroidism (Levothyroxine and Liothyronine) and Hyperthyroidism (Imidazole and Propacil)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017–2025.”
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marketfuturereports · 6 years ago
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Levothyroxine Market to Gain High Usage in Pharmaceutical Industry till 2025
08th October 2018 - Global Levothyroxine Market is segmented based on product type, dosage form, application, and region. Levothyroxine is also called as L-thyroxine that is it is a synthetic form of thyroxine (T4). To regulate the body’s mechanism thyroid medicine known as Levothyroxine helps to replaces or provide a thyroid hormone produced by thyroid gland. For maintaining normal mental and physical activity, having enough thyroid hormone is important.
Access Levothyroxine Market Report with TOC @ https://www.millioninsights.com/industry-reports/levothyroxine-market
Levothyroxine is used to treat hypothyroidism, congenital hypothyroidism (cretinism), and goiter (enlarged thyroid gland). It is also used to treat thyroid cancer using surgery and radioactive iodine therapy. The thyroxine (T4) and tri-iodothyronine (T3) are the two thyroid hormones are generally produced and released. T3 is the active thyroid hormone, and thyroxine is transformed into T3 in several parts of the body. These hormones are responsible for continuing a normal rate of metabolism in the body.
The factors that affects body in the absence of thyroid hormone are, slow speech, poor growth, excessive tiredness, hair loss, dry thick skin, lack of energy, constipation, weight gain, heavy or irregular menstrual periods, depression, and increased sensitivity to cold, joint and muscle pain. The active ingredient that makes the tablets work is anhydrous levothyroxine sodium. 50 micrograms or 100 micrograms of the active substance is present in each tablet. Regular blood tests help to monitor thyroid hormone levels while taking levothyroxine.
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Levothyroxine Market is classified, by product type into Tablet, and intravenous Injection. Levothyroxine tablets are used to treat hypothyroidism, pituitary TSH Suppression, and Contraindications. Levothyroxine sodium tablets, USP contain synthetic crystalline L-3,3’,5,5’- tetraiodothyronine sodium salt.
Levothyroxine Market is classified, by dosage forms into Solution, Capsule, Liquid Filled, and Tablet. The Tirosint is an only drug in the form of capsule. Whereas, tablets are available as generic drugs, generally cost less. Eltroxin Oral Solution is a liquid form of levothyroxine that comes in three strengths, 25mcg, 50mcg, and 100mcg.
The major manufacturers covered in this report
• LGM Pharma
• Taj Group
• Berlin-Chemie
• Merck Serono
• Bhaarat Pharmaceutical
• Manus Aktteva
• Sandoz
• Shenzhen Zhonglian Pharmaceutical
• Sichuan Hairong Pharmaceutical
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Tablet
• Intravenous Injection
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Levothyroxine in these regions, from 2013 to 2025 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
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wiseguyreport1221 · 3 years ago
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esglatestmarketnews · 3 years ago
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Primary Care POC Diagnostics Market Trends, Opportunities, Size, Share, Growth, Analysis and Forecast till 2025
September 28, 2021: The global Primary Care POC Diagnostics Market size was estimated at USD 6.3 billion in 2016 and it will record the CAGR of 3.5%, for the duration of the prediction. The supple and progressive essential molecular labs have been implementing and backing up the usage of POC tests to transfer broadcast of a lot of common objectives to hospital reception rooms and offices of the doctors’. Speedy development of Point-of-Care Testing [POCT] grasps huge potential for the progress of together primary and secondary care situations. Speedily growing expense of healthcare in secondary and tertiary maintenance has motivated the attention of healthcare group of people in the direction of primary care situations.
This expenses matters can be restricted to a great extent by the primary care phase over monotonous screening of patients by way of initial warning sign. Accordingly, the market for primary care POC diagnostics is expected to get a most important enhancement.
The division of the global Primary Care POC Diagnostics market on the source of Type of End Use could span Physician Office, Pharmacy & Retail Clinics. Global growth in Point-of-Care Testing [POCT] due to stress-free and speedy outcomes has drastically enhanced patient care and workflow at physicians’ offices. These checks, held by the proficiency of doctors in speedily measuring the condition and creating essential medicinal judgments, provide better-quality clinical results.
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Point-of-Care Testing [POCT] likewise helps in execution of composite examinations by means of small sample sizes equated to those completed in laboratories. Therefore, issues for example customer demand for relaxed, stress-free, and less timewasting examinations are expected to increase the market for primary care POC diagnostics in the office of the physician. The division of the global market of Primary Care POC Diagnostics on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Drug Abuse Testing, Glucose Testing, and Lipid Testing.
The subdivision of Glucose testing is the most important subdivision inside the market. Implementation of self-testing glucose devices performs an essential title role in regulating glycemic stages on a consistent base, this, sequentially, is expected to deliver optimistic results of fitness, particularly between diabetics. The products for Lipid testing are likely to observe sturdy development above the prediction period. Continuing investigation readings and provision from finance organizations is likewise estimated to increase the subdivision above the progression of the prediction period.
The division of the Primary Care POC Diagnostics market on the source of Area divides global market into a number of important Areas. The division is done with respect to Trades in terms of intake, Profits, Market stake, and Development percentage of Primary Care POC Diagnostics in these areas, for the duration of the prediction period. The area wise division of the global market spans North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
By the source of geography, North America seized the biggest stake in 2016 due to a large number of primary care locations in the U.S. Existence of the most important companies in the nation proposing merchandises and facilities for primary settings has too credited to the outsized stake of this provincial market. The readiness of finance for R&D in healthcare through institution of higher education and academic circles, is motivating the market.
The North American market of primary care POC diagnostics is additionally advanced as equated to the rest of the world. The provincial subdivision is powered by obtainability of numerous inventive and progressive POC diagnostic products and increasing alertness and demand for POC [point-of-care] diagnostics in main home-based healthcare and supported healthcare.
The market in the U.S. is observing a change in the direction of growing participation of patient in home-grown examinations, and observing apparatuses. Furthermore, web-assisted resolutions, EHR, digitalization and telemedicine of observing information are attaining speed in U.S.A, in that way motivating its development.
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The statement revises Trades in terms of intake of Primary Care POC Diagnostics in the global market; particularly in North America, Europe, Asia Pacific, Latin America Middle East & Africa and Rest of the World. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the Primary Care POC Diagnostics on the global basis are Siemens Healthcare, Roche Diagnostics, Instrumentation Laboratory, Quidel Corporation, bioMerieux, Danaher Corporation, BD Biosciences, and Abbott Laboratories.
Market Segment:
Primary Care POC Diagnostics Product Outlook (Revenue, USD Million, 2014 - 2025)
• Glucose Testing
• Hb1Ac Testing
• Coagulation
• Fertility
• Infectious Diseases
• Cardiac Markers
• Thyroid Stimulating Hormone
• Hematology
• Primary Care Systems
• Decentralized Clinical Chemistry
• Feces
• Lipid Testing
• Cancer Marker
• Blood Gas/Electrolytes
• Ambulatory Chemistry
• Drug Abuse Testing
• Urinalysis
Primary Care POC Diagnostics Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• Korea
• Australia
• Singapore
• Latin America
• Brazil
• Mexico
• Chile
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jayanthitbrc · 3 years ago
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Oncology Drugs Market Segmentation, Growth, Opportunity, Trends, Demand And Forecast To 2025
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Oncology Drugs Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the oncology drugs industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected oncology drugs market growth numbers 2021-2030. View Complete Report: https://www.thebusinessresearchcompany.com/report/oncology-drugs-global-market-report The Oncology Drugs Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global oncology drugs market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The Oncology Drugs Global Market Report 2021 covers oncology drugs market drivers, oncology drugs market trends, oncology drugs market growth rate, oncology drugs market major players, player-adopted strategies in the market, and oncology drugs market size. The global oncology drugs market is expected to grow from $80.92 billion in 2020 to $84.38 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $112.14 billion in 2025 at a CAGR of 7%. Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=3616&type=smp The report covers the oncology drugs market segments- 1) By Type: Lung Cancer Drugs, Pancreatic Cancer Drugs, Breast Cancer Drugs, Prostate Cancer Drugs, Ovarian Cancer Drugs, Colorectal Cancer Drugs, Gastric Cancer Drugs, Kidney Cancer Drugs, Brain Tumor Drugs, Thyroid Cancer Drugs, Skin Cancer Drugs, Bladder Cancer Drugs, Cervical Cancer Drugs, Blood Cancer Drugs, Others (Kaposi Sarcoma, AIDS-Related Lymphoma, Anal Cancer, Bone Cancer, Retinoblastoma, Testicular Cancer, Hepatocellular (Liver) Cancer, Mouth Cancer, Neuroblastoma) 2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others 3) By Route Of Administration: Oral, Parenteral, Others 4) By Drug Classification: Branded Drugs, Generic Drugs 5) By Mode Of Purchase: Prescription-Based Drugs, Over-The-Counter Drugs About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.   Get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Contact Information: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected] Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company Follow us on Twitter: https://twitter.com/tbrc_info Check out our Blog: http://blog.tbrc.info/
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blogaarti · 4 years ago
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Oncology Drugs Market is Expected to Show a Favourable Growth During the Forecast Period (2021-2025)
According to the National Cancer Institute, cancer survival rates over a five-year period in the US have demonstrated a marked improvement to 70% in 2020 – mainly due to improved healthcare, public policy, and novel pharmaceutical therapies. Oncology therapy comprised approx. a fifth of worldwide branded pharmaceutical sales and the oncology drugs market has consistently demonstrated double-digit growth for some time now. 
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Companies Concentrating Their Efforts on Five Oncology Indications For Bulk Revenue
Although there are 20 different indications in oncology, the vast majority of revenue is derived from a quarter of those. In 2020, multiple myeloma, prostate cancer, non-small cell lung cancer and non-Hodgkin’s lymphoma (NHL) consists of more than half the oncology drugs market. Most drugs treat various types of cancers with three being anti-PD antibodies. A few other common cancers include skin, pancreatic, thyroid, renal, soft tissue, and brain cancer with breast, lung, and colorectal cancer accounting for more than 50% of all diagnosis in women. 
Supply Chains Enable Transformation in Autologous Therapy in Oncology Drugs Market
RNA therapy, stem cell therapy, viral vectors, and cell therapy have been the buzzwords in the oncology drugs market with gene therapies leading to evermore complex supply chain and manufacturing processes – particularly for autologous therapies. Yescarta and Kymriah – two CAR-T cell therapies were approved for treating and diffuse large B-cell lymphoma and acute lymphocytic leukaemia respectively. The treatment and diagnostics regimen has progressed rapidly through precision medicine with approx. 160 oncology biomarkers authorized in 2019 and almost all of them against molecular targets. 4/5th of novel clinical assets are for marketed targets with four or more clinical competitors leading to quicker initial launches, shorter development cycles, and competitor therapies. 
Maximum Activity Witnessed in Oncology With Thrice Development Spend of Other Sectors
Innovation in the oncology sector has boomed with the highest number of novel FDA approvals in this dynamic field. The estimated clinical development spend is thrice that of any other therapy area in phase III trials in the US. Oncology is responsible for roughly 2/5th of total expenditure and a third of total pipeline approvals in the US. In addition, it is one of the most expensive therapeutic areas in the pharmaceutical industry providing immense opportunities for companies in the oncology drugs market. 
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Dominance of Ten Companies in Oncology Drugs Market Unlikely to Erode Anytime Soon
The ten largest pharmaceutical companies have already declared oncology as a primary focus area of their R&D initiatives. There has been a flurry of M&A activity and strategic collaborations revolving around oncology drugs recently. In 2019, American giant Pfizer acquired Array BioPharma and Genmab and AbbVie entered into a strategic partnership to develop bispecific antibodies. The oncology drugs market is characterized by its oligopolistic nature with the top ten companies capturing 3/4th of the market value. The biggest companies are F. Hoffmann-La Roche AG (Roche), Celgene, Bristol-Myers Squibb, Johnson & Johnson, Pfizer, AstraZeneca, Merck & Co., Novartis, AbbVie, and Astellas Pharma. In 2020, Roche alone held a quarter of the global oncology drugs market but this share should decline by 2026 as its key products lose their popularity amongst patients. 
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marketinformation · 4 years ago
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Celiac Disease Diet Market Outlook 2021: Industry Trends, Analysis, Opportunities, Sales, Segmentation, Revenue and Forecast to 2027
Celiac Disease diet Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025. Increasing prevalence of celiac diseases & gluten allergies and growing awareness among people are key drivers for Global Celiac Disease Diet Market.
Scope of Market Reports –
Celiac disease (CD) is a type of intestinal malabsorption syndrome, in which the patients are intolerant to the gliadin in dietary gluten, resulting in allergic conditions, secondary malnutrition, indigestion, damage to the small intestine and can even lead to various serious diseases such as intestinal cancer, osteoporosis, gall bladder malfunction, neurological manifestation of the disease, stunted growth in children and birth defects.
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Celiac disease can also lead to various autoimmune diseases such as lupus, thyroid disease, Sjögren’s syndrome, type 1 diabetes, and rheumatoid arthritis. So, during the study of Global Celiac Disease Diet Market, we have considered gluten free products to analyze the market.
Celiac Disease Diet Market Key Players -
Boulder Brands
Hain Celestial Group
General Mills, Inc.
Kellogg’s Company
The Kraft Heinz Company
Hero Group AG
Glutamel
Schar
Big Oz Industries Ltd.
Dr. Schaer Spa
Global Celiac Disease Diet Market report is segmented on the basis of Product type, Distribution channel and by regional & country level. Based on Product type Global Celiac Disease Diet Market is classified as Bakery products, Dairy/ dairy alternatives, Meats/ meats alternatives, Condiments, Desserts & ice-creams, Prepared foods and others. Based upon Distribution Channel, Global Celiac Disease Diet Market is classified as Grocery stores, Mass merchandiser, Food stores, Drug stores, online portals and others. Key Benefits -
Global Celiac Disease Diet Market report     covers in depth historical and forecast analysis.
Global Celiac Disease Diet Market     research report provides detail information about Market Introduction,     Market Summary, Global market Revenue (Revenue USD), Market Drivers,     Market Restraints, Market opportunities, Competitive Analysis, Regional     and Country Level.
Global Celiac Disease Diet Market report     helps to identify opportunities in market place.
Global Celiac Disease Diet Market report     covers extensive analysis of emerging trends and competitive landscape.
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Celiac Disease Diet Market Segmentation –
By Product Type - Bakery products, Dairy/ dairy alternatives, Meats/ meats alternatives, Condiments, Desserts & ice-creams, Prepared foods, others.
By Distribution Channel - Grocery stores, Mass merchandiser, Food stores, Drug stores, Online portals, Others.
By Regional & Country Analysis:
 U.S.
 Canada
 U.K.
 France
 Germany
 Italy
 China
 Japan
 India
 Southeast Asia
 Brazil
 Mexico
 GCC
 Africa
 Rest of Middle East and Africa
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
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marketresearchtrendsblog · 4 years ago
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Radiotherapy Market by Technology Analysis and By Regional Analysis – Global Forecast by 2020-2025
Every day new innovations are been made in every field and in healthcare lot of research and development is going on but for cancer till date radiotherapy is considered as most effective treatment overall for killing the cancer disease. Cancer patients who uses beams of high energy radiation to kill cancer cells in the body is known as radiotherapy treatment. Radiotherapy is infrequently used to treat mild tumors and different conditions, for example, thyroid ailment and some blood disorders. Radiotherapy is utilized alone or in mix with chemotherapy (chemo radiotherapy) to treat cancer tumor. Symptoms of cancer can be effectively controlled by radiotherapy. Radiotherapy might be utilized before surgery or after surgery to decimate small tumor cells that might be cleared out.
How Big is The Global Radiotherapy Market?
The Global Radiotherapy Market is expected to be around US$ 10.10 Billion by 2025 at a CAGR of 6.8% in the given forecast period.
The major driving factors of Global Radiotherapy Market are as follows:
Growing number of cancer patients and disease. Technological innovations Adoption of Radiotherapy Devices and Procedures are in raise Driving Investments in Radiotherapy due to increase in demand for cancer treatment Rapidly growing geriatric population Spreading Awareness About the Benefits of Radiotherapy
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The restraining factors of Global Radiotherapy Market are as follows:
Absence of adequate infrastructure Visualizing Tumors is complex Trained personnel shortage Strict rules and regulations regarding healthcare
The Global Radiotherapy Market is segmented on the lines of its technology, product, application and regional. Based on technology segmentation it covers external beam radiation therapy, internal beam radiotherapy, systemic radiation therapy. Based on product segmentation it covers internal radiation therapy/brachy therapy, external beam radiation therapy, systemic radiation therapy. Based on application segmentation it covers external beam radiation therapy, internal radiation therapy. The Global Radiotherapy Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
An overview of the global market for Global Radiotherapy Market and related technologies.
Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.
Identifications of new market opportunities and targeted promotional plans for Global Radiotherapy Market.
Discussion of research and development, and the demand for new products and new applications.
Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Global Radiotherapy Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Accuray Incorporated (U.S.), Ion Beam Applications SA (Belgium), C. R. Bard, Inc. (U.S.), IsoRay Medical, Inc. (U.S.), Varian Medical Systems, Inc. (U.S.), Nordion, Inc. (Canada), Elekta AB (Sweden), RaySearch Laboratories AB (Sweden), Mevion Medical Systems, Inc. (U.S.), and Mitsubishi Electric Corporation (Japan).Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Radiotherapy Market has been segmented as below: (Accordingly)
By Technology Analysis:
External Beam Radiation Therapy Image-Guided Radiotherapy (IGRT) Intensity Modulated Radiotherapy (IMRT) Stereotactic Technology Proton Beam Therapy Tomotherapy 3D Conformal Radiotherapy (3D CRT) Volumetric Modulated Arc Therapy (VMAT) Internal Beam Radiotherapy Low Dose Rate High Dose Rate Systemic Radiation Therapy By Product Analysis: External beam radiation therapy Compact Advanced Radiotherapy Systems Cyberknife Gamma Knife Tomotherapy Proton Therapy Systems Cyclotron Synchrotron Electron Emitting High Energy Linear Accelerators (Linac) Internal Radiation Therapy/Brachytherapy Seeds Applicators & Afterloaders Electronic Brachytherapy Systemic Radiation Therapy
By Application Analysis:
External Beam Radiation Therapy
Prostate Cancer Breast Cancer Lung Cancer Head & Neck Cancer Colorectal Cancer Other
Internal Radiation Therapy
Prostate Cancer Gynecological Cancer Breast Cancer Penile Cancer Other
By Regional Analysis:
North America Europe Asia-Pacific Rest of the World
Reasons to Buy this Report:
Obtain the most up to date information available on all Global Radiotherapy Market.
Identify growth segments and opportunities in the industry.
Facilitate decision making on the basis of strong historic and forecast of Global Radiotherapy Market data.
Assess your competitor’s refining portfolio and its evolution.
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market-research-future · 4 years ago
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Alzheimer’s disease Diagnostics Market Opportunities, Trends and Future Outlook
Alzheimer’s Disease Diagnostic Market Share Value, Future Growth, Size Estimation, Industry Dynamics and Insights By 2022
Alzheimer’s Disease Diagnostic Market – Competitive Landscape
The well-established Alzheimer’s disease diagnostic market appears to be highly competitive and fragmented, with many notable players forming a competitive landscape. To gain a larger competitive share in the market, players incorporate strategic initiatives such as mergers & acquisitions, collaborations, and new technology launch. They invest substantially to drive R&D and to expand their global footprints.
Alzheimer’s Disease Diagnostic Market Major Players:
Players active in the global Alzheimer’s disease diagnostic market include TauRx (Republic of Singapore), Alector LLC (US), Eli Lilly and Company (UK), Treventis Corporation (US), Neuro-Bio Ltd (UK), Accera, Inc. (US), and Cognition Therapeutics Inc. (US), among others.
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Alzheimer’s Disease Diagnostic Market – Segmentations
The analysis has been segmented into four major dynamics.
By Type: Early-Onset & Late-Onset Alzheimer’s disease, Familial Alzheimer’s disease, and others.
By Diagnostic Tests: Neurological Exam, Genetic Testing, Mini-Mental State Exam (MMSE), Brain Imaging, and others.
By End-users: Clinics & Hospitals, Diagnostic Centers, and others.
By Regions: Europe, Americas, Asia Pacific, Middle East & Africa, and Rest-of-the-World.
Based on type, the Alzheimer’s disease diagnostic market is segmented into early-onset Alzheimer’s disease, late-onset Alzheimer’s disease, familial Alzheimer’s disease, and more. Early-onset Alzheimer’s disease is an uncommon form of dementia that affects people younger than age 65. In other words, people with early-onset Alzheimer’s develop symptoms of the condition mostly when they are between 40 to 60 years old.
On the other hand, late-onset Alzheimer’s disease is the most common form of dementia that affects people age 65 and older. Whereas, Familial Alzheimer’s disease (FAD) is a form of dementia that doctors know for sure is linked to genes. In other words, most FAD cases occur to patients who have had a family history of at least two generations having the disease. FAD cases make up less than 1% of all Alzheimer’s cases. Also, there are chances that people who have early-onset Alzheimer’s may have FAD.
Alzheimer’s Disease Diagnostic Market Overview
Global Alzheimer’s disease diagnostic market is witnessing a constant rise, mainly due to the rising prevalence of the condition called Alzheimer’s disease (dementia). The growing occurrences of neurological diseases & disorders related to memory & thinking that could lead to dementia are significant, which in turn is driving the Alzheimer’s disease therapeutics and diagnostics market.
Moreover, dementia-like symptoms that are led by drug interactions, depression, certain vitamin deficiencies, thyroid problems, and excess use of alcohol are increasing the Alzheimer’s disease therapeutics and diagnostics market size. Additionally, growing geriatric populaces, rising efforts, and investments in R&D activities, and the emergence of new diagnosing techniques are some of the key factors defining the growth landscape of the market.
Looking at the kind of growth this market is witnessing currently, Market Research Future (MRFR) asserts that the global Alzheimer’s disease diagnostic market is projected to reach a valuation of approximately USD 12 BN by 2022. In its recently published Alzheimer’s market analysis, MRFR also states that the market would register around 10% CAGR throughout the review period (2016 – 2022).
Moreover, factors such as spreading awareness towards the availability and advantages of new diagnostic techniques are propelling the growth of the market, States MRFR in its Alzheimer’s disease market forecast. Scientists are exploring new diagnostic procedures to determine the condition more accurately and further help to start the treatment earlier. The ultimate goal is to discover a valid, reliable, and inexpensive diagnostic test that can be used in any physician’s office.
Furthermore, factors such as surging healthcare expenses, increasing incidents of trauma causing damages to the brain, changing lifestyle, and inclination towards the sedentary lifestyle are creating huge market demand. Undoubtedly, advances in medical science are a major driving force pushing the growth of the market. Seminal efforts and funding invested by major players in the development of innovative diagnosis devices are paying off well.
On the other hand, lack of awareness about symptoms of the condition and availability of diagnosis & treatment procedures are major factors impeding the growth of the market. Nevertheless, initiatives taken by the government in the countries across the world to increase awareness among people would support the growth of the market throughout the review period.
Alzheimer’s Disease Diagnostic Market – Regional Analysis
North America dominates the global Alzheimer’s disease diagnostic market. The largest market share of the region attributes to the growing demand for diagnostic procedures for the condition led by the increasing prevalence of neurological and Alzheimer’s disease among the population. Besides, high healthcare expenditures and investments by the key players substantiate the regional market growth. The North American Alzheimer’s disease diagnostic market is expected to reach USD 12 MN by 2022.
Europe stands the second leading position in the global Alzheimer’s disease diagnostic market. Factors such as the well-proliferated healthcare sector that is witnessing the growing number of advanced diagnostic facilities and increasing healthcare expenditures are driving the growth of the regional market. European Alzheimer’s disease diagnostic market is projected to demonstrate healthy growth throughout the review period.
The Asia Pacific region is an emerging market for Alzheimer’s disease diagnostics on the global front. This market is predominantly led by the increasing numbers of Alzheimer’s disease patients in the population, which is increasingly inclining towards the sedentary lifestyle. Furthermore, the growing funding support from the government and private organizations in the region is fostering the market growth increasing R&D activities in the field. APAC Alzheimer’s disease diagnostic market is estimated for a huge development during the assessment period.
Alzheimer’s Disease Diagnostic Industry/Innovation/Related News:
Scientists from Tokyo Medical and Dental University (Japan), found a new way to save neurons in Alzheimer’s disease. Neurons die earlier in Alzheimer’s disease, and stopping the process could prevent the disease from ever developing. Scientists are targeting beta-amyloid substance found in the brains of people who have died of the disease. So far, efforts of drugs that target beta-amyloid have not worked successfully.
Todos Medical Ltd. (Israel), a clinical-stage in-vitro-diagnostics company, focusing on the development of blood tests for the early diagnosis of neurodegenerative disorders and cancer, announced the acquisition of an US-based in vitro diagnostics company – Provista Diagnostics, Inc. With a CLIA/CAP certified lab in Georgia, Provista Diagnostics is involved in the development and commercialization of its proprietary Videssa® blood test for breast cancer.
Todos Medical is engaged in the development of blood tests for the early detection of a variety of cancers. It also has initiated the development of blood tests for neurodegenerative disorders such as Alzheimer’s disease through Breakthrough Diagnostics Inc., its joint venture with Amarantus Bioscience Holdings, Inc.
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digitalconvo · 4 years ago
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Flame Retardants Chemical Market Growth And Restrain Factors Analysis – 2025
Global Flame Retardants Chemical Market: Snapshot
Flame retardant chemicals are very compelling in anticipating and checking the advancement of residential flames. Be that as it may, examines have shown that the presence of halogenated flame retardant chemicals makes the emanations more lethal and breathing in those discharges could prompt a genuine wellbeing hazard. Flame retardant chemicals don’t change the properties of the parent part however defers the consumption of the material to a large extent.
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Flame retardants have been utilized since Roman period for applications, for example, materials and wood. The flame retardant market sees a gargantuan growth in the 1970s when engineered materials ended up well known in the production of products. The interest for and the utilization of these combustible manufactured based products prompted governments around the globe requiring organizations delivering these engineered products to make them more secure from flame. In this way, in many regions, consumers in the flame retardant chemicals market are highly driven by government controls.
Recently, The Fire Retardant Additives specialty unit, some portion of the Huber Engineered Materials division of J.M. Huber Corporation, reported a significant capital venture to expand the generation limit with regards to Martinal LEO encouraged alumina trihydrate at its Martinswerk Plant in Bergheim, Germany. Execution of trend setting innovation as appeared by this illustration is required to fuel the global flame retardants chemical market in the approaching years.
In the meantime, the global flame retardant chemicals market may see solid development in construction applications. Extensive use of plastic and plastic-derived car production on account developing fuel proficiency demand and constraining carbon discharges may support flame retardant chemicals market. Moreover, increased demand from electrical and electronic applications such as cellular phones, laptops, and other consumer goods may boost the growth of the global flame retardants chemical market.
Global Flame Retardants Chemical Market: Overview
Flame retardant chemicals are basically added to consumer goods, namely clothing, furniture, coverings for electronic products, and for baby products to lessen their flammability. They do not alter the flammable property of the parent material but they do thwart the quickness of the burning of the material. Take for example polybrominated diphenyl ethers or PBDEs which are organobromine compounds used as flame retardant. Akin to various other brominated flame retardants, PBDEs find application in a range of products such as electronics, building marterials, motor vehicles, furnishings, airplanes, polyurethane foams, and textiles. The other kinds of flame retardant chemicals available in the market are be broadly classified as antimony oxide, chlorinated, and phosphorus.
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Global Flame Retardants Chemical Market: Drivers and Restraints
At the forefront of driving demand in the market for flame retardants chemicals are the increasing regulations pertaining to fire safety. Further, flourishing end use industries such as electrical and electronics, and construction has also stoked the market big time. Flame retardant chemicals serve to lower the flammability of combustible surfaces and components. As a result, they find usage in making automobile parts and home furnishings. Both of these end use segments are seeing rapid growth because of the rising disposable incomes of people, particularly in nations of India and China.
Despite such a promising outlook on account of the aforementioned drivers, the global market for flame retardants is not being able to achieve its full potential because of the rising prices of raw materials, which in turn, is because of their shortage. Another factor posing a major challenge to the market growth is the toxicity issues with the product which can cause harm to human health. For example, the brominated flame retardants, including the PBDEs, which are a widely used class of chemicals can cause thyroid and cancer, and even interfere with the brain development of children. As a result, commercial usage of such chemicals are being phased out. This is one crucial roadblock the market needs to overcome.
Global Flame Retardants Chemical Market: Trends and Opportunities
A noticeable trend in the global market for flame retardants chemical is companies pouring money into research and development to come up with products that comply with strict rules pertaining to their chemical compositions. Realizing the harm it can cause to the environment, and more importantly to human health, governments of various nations have framed stringent regulations regarding their production and usage. As a result, savvy manufacturers are seen working on improved production processes for bio-based flame retardant chemicals which might provide a much needed fillip to the market in the near future.
In order to overcome the various challenges in the market, players are also seen developing substitutes for traditional raw materials that are cost effective and available easily. They are also banking upon different promotional activities to tap into the relatively underpenetrated markets of the Middle East and Africa.
Global Flame Retardants Chemical Market: Regional Analysis
From a geographical perspective, Asia Pacific is an attractive market owing to the burgeoning electronics and construction industry in the region. This is mainly account of the large developing and populous economies of India and China. Europe and North America are other key markets that are responsible for substantial sales.
Global Flame Retardants Chemical Market: Competitive Landscape
Some of the key participants in the global market for flame retardants that have been profiled in the report are Dow Chemical Company, Clariant AG, Lanxess AG, BASF SE, Du Pont, Albemarle Corp., and Akzo Nobel N.V.
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