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C-Reactive Protein Testing Market Shows Sustained Growth, Expected to Reach $4.16 Billion by 2028 - Driven by Cardiovascular Disease Concerns and Clinical Trials Expansion

C-Reactive Protein Testing Market Overview

C-Reactive Protein Testing Market Overview

The C-reactive protein (CRP) testing market has witnessed steady growth, progressing from $3.43 billion in 2023 to a projected $3.55 billion in 2024, marked by a Compound Annual Growth Rate (CAGR) of 3.6%. Anticipated to maintain this momentum, the CRP testing market is poised to reach $4.16 billion by 2028, reflecting a CAGR of 4.1%.

Key Growth Drivers:

Cardiovascular Disease (CVD) Epidemic: The surge in cardiovascular diseases, attributed to behavioral risks like unbalanced diets, physical inactivity, smoking, and alcohol use, propels the demand for CRP testing. Recognized as a pivotal diagnostic tool, CRP testing aids in identifying or predicting cardiovascular problems alongside cholesterol levels. With cardiovascular diseases claiming a significant share of global deaths, the need for accurate diagnostic tools is underscored.

Clinical Trials Expansion: The escalating number of clinical trials plays a crucial role in driving the CRP testing market forward. Clinical trials are essential for evaluating the accuracy and effectiveness of CRP testing in diagnosing cardiovascular diseases and assessing the risk of heart-related conditions. The proliferation of clinical trials, numbering over 450,000 globally, underscores the growing emphasis on advancing diagnostic methods and improving patient outcomes.

Explore the Global C-Reactive Protein Testing Market with a Detailed Sample Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6719&type=smp

Major Players:
Key industry players shaping the CRP testing market include Thermo Fisher Scientific Inc., F Hoffmann-La Roche AG, Danaher Corporation, and Siemens AG. Their contributions to innovation and market development are instrumental in propelling the market forward.

Trends and Innovations:

Technological Advancements: The market witnesses a trend of technological advancements in measuring devices, enhancing the accuracy and efficiency of CRP testing. Companies like Aidian are at the forefront, introducing next-generation technologies such as the QuikRead go wrCRP & wrCRP+Hb kits, which offer a wide range of CRP and Hb readings from a single sample, catering to diverse medical needs.

CRP Antigen Tests: Innovations in the form of C-Reactive Protein antigen tests are shaping the CRP testing market landscape. LumiraDx Healthcare Pvt Ltd. introduced a CRP antigen test, providing a quick and simple microfluidic immunoassay for measuring CRP levels in whole blood. This test aids healthcare professionals in rapidly assessing inflammation levels.

Regional Dynamics and Market Segmentation:
North America emerged as the dominant region in the CRP testing market in 2023, with Asia-Pacific projected to witness the fastest growth in the forecast period.

1) By Assay Type: Enzyme-Linked Immunosorbent Assay (ELISA), Chemiluminescence Immunoassay (CLIA), Immunoturbidimetric Assays
2) By Application: Diabetes, Rheumatoid Arthritis, Cardiovascular Disease, Inflammatory Bowel Disease, Cancer, Other Applications
3) By End Use: Clinics, Hospitals, Diagnostic Laboratories

Access the Complete Report for In-Depth Analysis:
https://www.thebusinessresearchcompany.com/report/c-reactive-protein-testing-global-market-report

C-Reactive Protein Testing Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The C-Reactive Protein Testing Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on c-reactive protein testing market size, c-reactive protein testing market drivers and trends, c-reactive protein testing market major players, competitors' revenues, CRP testing market positioning, and CRP testing market growth across geographies. The c-reactive protein testing market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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