Growing elderly population and rising prevalence of chronic diseases along with focus on early detection of diseases and increasing investments in research and development activities are fueling market growth
Market size: USD 12.59 Billion in 2020, Market Growth: CAGR of 7.8%, Market Trends: Technological advancements and growing adoption of point-of-care CMP testing
Comprehensive metabolic panel testing is a blood test that measures 14 different types of substances for analyzing body mechanisms and various parameters, such as kidney and liver health, blood protein and sugar levels, body fluid balance, and electrolyte levels. Increasing cases of chronic conditions and rising prevalence of lifestyle-associated diseases such as obesity or hypertension due to smoking, lack of exercise, and sedentary lifestyle are primarily boosting demand for comprehensive metabolic panel testing systems. In addition, growing adoption of point-of-care CMP testing and rising number of biopsy processes are expected to further enhance revenue growth. Moreover, increasing initiatives taken by government to create awareness about diseases and treatment for chronic diseases are fueling market growth.
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The report offers a comprehensive assessment of the competition in the Comprehensive Metabolic Panel (CMP) Testing market with extensive profiling of the companies to offer a better understanding of the competitive landscape on a global and regional level. The top manufactures/companies are profiled along with their sales and revenue estimations, market size, market reach, market share, financial standing, product portfolio, business expansion plans and production and manufacturing capacity. It also covers recent mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, and brand promotion and product launches among others in the market.
Key players in the market include :
Abbott Laboratories, Quest Diagnostics Incorporated, Sonic Healthcare, Laboratory Corporation of America Holdings, ARUP Laboratories, CENTOGENE AG, SYNLAB International GmbH, TCG Corp, Scion Lab Services, LLC, UNIPATH
The report also covers SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis. Key statistical data has been organized in tables, charts, diagrams, figures, and other pictorial representations. The report also offers strategic recommendations to established players as well as details on entry barriers for new entrants.
The report covers the Comprehensive Metabolic Panel (CMP) Testing market on a global scale along with market breakdown into product types, applications, technology, end-user, and key regions.
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Disease Outlook (Revenue, USD Billion, 2018 - 2028)
- Kidney Disease
- Liver Disease
- Diabetes
- Others
Test Type Outlook (Revenue, USD Billion, 2018 - 2028)
- Electrolytes
- Proteins
- Kidney Tests
- Glucose
- Liver Functional Tests
- Others
End User Outlook (Revenue, USD Billion, 2018 - 2028)
- Laboratories
- PoC (Point of Care)
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Regional analysis covers:
- North America (U.S.A., Canada, Mexico)
- 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)
The study also analyses the market share, growth forecast and rate, current and future trends, market drivers and restraints, opportunities and challenges, risks, and threats. The report also covers a comprehensive analysis of the changing market dynamics and offers a futuristic outlook of industry.
Key Benefits of the Global Comprehensive Metabolic Panel (CMP) Testing Report:
- Comprehensive analysis of the changing competitive landscape
- The report offers an 8 year forecast and assessment of the Global Comprehensive Metabolic Panel (CMP) Testing Market
- Helps in understanding the key product segments and their estimated growth rate and key factors influencing market growth
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Comprehensive Metabolic Panel (CMP) Testing Market
- Detailed analysis of the factors influencing the growth of the Global Comprehensive Metabolic Panel (CMP) Testing Market
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