Press release
C-Reactive Protein Testing Market to Witness Stunning Growth during the Forecast Period 2022-2027
The c-reactive protein (CRP) testing market is experiencing an upward trend. The growing prevalence of diabetes, cancers, and inflammatory disorders, coupled with the increasing incidence of endometriosis in women continue to irk government entities across the globe. This has led the government to take relevant initiatives to promote the use of point-of-care (POC) testing in healthcare settings. Rise in the adoption of point-of-care devices and remunerative investments into the healthcare sector to shore up the technological advancements in diagnostics are playing a momentous role in the market proliferation.State-of-the-art advancements in nanotechnological tools is envisaged to bode well, owing to brisk response time, devising portable bioanalytical assays with greater sensitivity and specificity, and multiplexing capabilities for precision in onsite disease monitoring and diagnosis. Although the lack of availability of alternative treatments and awareness amongst the public is expected to hamper the market growth, the rising prevalence of cardiovascular disease and new product launches for point-of-care CRP testing is impelling tremendous growth across the c-reactive protein testing market
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C-Reactive Protein Testing Market: Competitive Landscape :
1. Abbott Laboratories
2. Abaxis Inc.
3. Beckman Coulter Inc.
4. Laboratory Corporation of America Holdings
5. F.Hoffman-La Roche AG.
Application of CRP in Cardiovascular Treatments Creates Lucrative Opportunities for C-Reactive Protein Testing Market
The c-reactive protein (CRP) test assists in determining the amount of CRP in the blood plasma. Projection points out that the global use of c-reactive protein testing in the diagnosis of cardiovascular diseases is likely to grow at a promising rate. Significant growth in the prevailing cases of cardiovascular disorders has provided an impetus to the development of better, effective, and faster diagnosis procedures. Typically, the patients suffering from cardiovascular disorders contain higher C-reactive protein levels. Moreover, various factors viz obesity, aging, and smoking might pose a risk of increasing sensitivity by augmented c-reactive protein. To this end, the c-reactive protein provides ease in the identification of cardiovascular disorders by playing the role of a biological marker in detecting atherosclerosis that causes inflammation inside the vessel walls.
On the whole, the possible development of cardiovascular disorders is a subsequent effect of rising the CRP level. With a higher incidence rate of cardiovascular disorders has triggered perpetual growth in the research and development activities oscillating around the use of c-reactive protein testing in cardiovascular applications.
Global C-Reactive Protein Testing Market is Segmented as Below:
By Application
• Diabetes
• Rheumatoid Arthritis
• Cardiovascular Disease
• Inflammatory Bowel Disease
• Others
By Assay Type
• Enzyme-linked immunosorbent assay (ELISA)
• Chemiluminescence Immunoassay (CLIA)
• Immunoturbidimetric assays
• Others
By End Use
• Clinics
• Hospitals
• Diagnostic Labs
Geographical Coverage
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Reigns Supreme With Greater Acceptance of Advanced Technologies, Tangible Investments, and Well-Established Infrastructure
Holding the largest revenue share, North America is anticipated to dominate the global c-reactive protein testing market. The presence of key players, cutting-edge technological advancements, and proliferating product rollouts are key factors driving the c-reactive protein testing market expansion. Availability of well-sophisticated healthcare infrastructure along with the rising prevalence of cardiovascular diseases has further fueled the growth of the c-reactive protein testing market.
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North America is among the top regions in the adoption and incorporation of the latest innovative technology in the healthcare space. Furthermore, the increased importance of clinical research has gained the region excellent prominence in the global market. Rising cases of cancer in the U.S. and death are creating excessive opportunities across the county.
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