Demand for Myoglobin Market is Growing in Europe & APAC Region Because of COVID-19 Impact

The growing prevalence of cardiovascular diseases is the major factor that is driving the growth of the market studied. According to WHO, around 17.9 million people died from CVDs in 2016, representing 31% of all global deaths. Myocardial infarction is one of the conditions that occur due to cardiovascular diseases. It causes significant mortality and morbidity. A timely diagnosis of heart conditions allows clinicians to analyze the risk of their patients and prescribe relevant treatment. Additionally, growing funding from public and private organizations for R&D and technological advancements is expected to drive the market in the forecast period.

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Diagnostic laboratories are diagnostic centers where all different types of diagnostics are performed. Usually, they have high-quality equipment, and the results obtained from these laboratories are accurate. Diagnostic laboratories are found to be crucial to the entire healthcare system, in terms of both quality of care and financial performance.

The demand for diagnostics labs is increasing, as the patient population is found increasing and people mostly prefer to visit diagnostics labs to diagnose the diseases. Additionally, these labs can process high workloads faster.

The diagnostic laboratories segment is poised for strong growth, owing to the rising demand for healthcare services. However, the lack of regulation remains a major concern, considering the risks it poses to patients.

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Comprehensive Competitive Analysis of Major Key Players Provided In The Report Are:

• Abbott Diagnostics
• Alere
• Beckman Coulter
• Biomerieux
• Boditech Med
• Ortho-Clinical Diagnostics
• Randox Laboratories
• Roche Diagnostics Corp
• Siemens Healthcare Diagnostics
• Singulex

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