Global Biomarkers in Diabetes Market Analysis by Size, Share, Trends, Application, Challenges with Forecast Period (2021-2030) | Patia Biopharma partnered with Precision Diabetes, Virta Health, F. Hoffmann-La Roche Ltd

Absolute Markets Insights has added an erudite statistical report to its extensive database titled Biomarkers in Diabetes market. This comprehensive market research uses primary and secondary research methods. The analytical report also presents some of the key aspects influencing the formation of the future of the business. In addition, it also offers many different approaches to increase your loyal customer base. The recent market research report provides insightful knowledge about the global Biomarkers in Diabetes market. Analysts further also draw attention to the current market scenario, historical records as well as predictions of the market growth in the near future.

The study further presents the details on financial attributes such as pricing structures, shares and profit margins. Top level companies profiled in this report includes Patia Biopharma partnered with Precision Diabetes, Virta Health, F. Hoffmann-La Roche Ltd. The competitive landscape of the Biomarkers in Diabetes market has been provided by analyzing different successful and startups industries. The economic aspects of the businesses have been presented by using facts and figures.

Global biomarker in diabetes market was valued at US$ 321.65 billion and is expected to reach US$ 782.01 billion, growing at a CAGR of 18.4% over the forecast period. Rising number of cardiovascular diseases and diabetes that is one of the growing concerns to affect the heart are responsible for 17.9 million deaths each year. Roche announced five new intended uses for key cardiac biomarkers to help identify cardiovascular risk, better diagnose patients and support early treatment.

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Biomarkers such as Elecsys technology supports healthcare professionals in identifying which people with type-2 diabetes (463 million across the globe) are at higher risk of developing cardiovascular disease. Early identification of people at risk means cardioprotective treatment can be started sooner, which could prevent 68% of hospitalizations an also improve the mortality rate. The second newly-launched intended use for NT-proBNP provides healthcare professionals with a biomarker-based solution that identifies people at risk of developing Atrial Fibrillation (AF), an abnormal heart rhythm that can lead to stroke, brain damage and death. More than 40 million people suffer from Atrial Fibrillation (AF) globally.
NT-proBNP, in combination with a single lead (or higher) electrocardiogram, can potentially help to diagnose Atrial Fibrillation (AF) so therapy can be started to reduce the stroke risk. This also means that effective drug treatment can be started early so that cardioprotective treatment can be optimized. Such a factor is expected to aid the overall market over the next eight years. The company is one of the biotechnology companies with truly differentiated medicines in oncology, immunology, infectious diseases, ophthalmology and diseases of the central nervous system amongst others. The company also specializes in diabetes management.

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The HbA1c is currently not yet recommended as a diagnostic test for diabetes mellitus in the Philippines due to unavailability in many areas of the country and the lack of standardization of the test in our setting which is one of the restraining factors in the region. This increases the demand for the product and services and thus, the region is expected to witness the fastest growth over the forecast period. The prevalence of diabetes in Singapore is high. Screening to facilitate early detection and intervention has been shown to be cost-effective. Current clinical practice guidelines in Singapore recommends screening with fasting plasma glucose (FPG), followed by an oral glucose tolerance test (OGTT) in those with FPG 6.1-6.9 mmol/L. lycated haemoglobin A1c (HbA1c) has robust stability at ambient temperature, and can be performed on non-fasted capillary blood samples, making it an attractive potential alternative for screening. But, differential performance in different races, and its performance as a screening test has not been well characterized in Asian populations.

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Biomarker in Diabetes Market:
o By Type
 Prediabetes
 Type 2 diabetes
 Others

o By Biomarker Type
 Traditional Biomarkers
 Novel Biomarker
 Inflammatory Biomarker
 Others

o By End User
 Research Institutions
 Pharmaceutical Companies
 Biopharmaceutical Companies
 Hospitals
 Others

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