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Glycated Albumin Assay Market worth $360.92 million by 2030, growing at a CAGR of 7.51% - Exclusive Report by 360iResearch
Glycated Albumin Assay Market | 360iResearch
The Global Glycated Albumin Assay Market to grow from USD 217.29 million in 2023 to USD 360.92 million by 2030, at a CAGR of 7.51%.
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Glycated albumin is a biomarker used for assessing and monitoring diabetes mellitus, reflecting shorter-term changes in blood glucose levels compared to other biomarkers such as glycated hemoglobin (HbA1c). The rising prevalence of diabetes and increasing public awareness about monitoring and controlling blood glucose raises need for accurate and reliable testing methods. However, reimbursement policies and regulatory frameworks in various countries may hinder the widespread use of glycated albumin assays. Nevertheless, expanding healthcare infrastructure in emerging economies provides greater access to advanced diagnostics tools such as glycated albumin assays, and research into novel biomarkers for glucose regulation is expected to create new avenues for growth within the glycated albumin assay market.
The Americas has a significant landscape in the glycated albumin assay market owing to a substantial need for glycated albumin assay due to the high prevalence of diabetes in these countries. Additionally, countries have advanced healthcare systems that can support the adoption of innovative diagnostic tools such as glycated albumin assays. The growing aging population in Europe contributes significantly to the increasing demand for advanced diagnostics such as glycated albumin assays. EU countries have comprehensive healthcare systems that prioritize early detection of diseases such as diabetes, increasing the glycated albumin assay demand in the region. In the Middle East and Africa region, there has been a steady rise in lifestyle-related diseases, including diabetes, due to changing demographics and urbanization. Various programs, initiatives, and investments by legal authorities promoted the adoption of innovative diagnostic techniques in the region. The Asia Pacific market for glycated albumin assay is expanding rapidly due to the growing prevalence of diabetes, increasing research and development activities, and significant advancements in developing novel techniques for glycated albumin detection.
Market Segmentation & Coverage:
This research report categorizes the Glycated Albumin Assay Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Animal Glycated Albumin Assay and Human Glycated Albumin Assay. The Human Glycated Albumin Assay is projected to witness significant market share during forecast period.
Based on Application, market is studied across Prediabetes, Type 1 Diabetes, and Type 2 Diabetes. The Type 1 Diabetes is projected to witness significant market share during forecast period.
Based on End User, market is studied across Diabetic Care Centres, Diagnostic Laboratories, and Hospitals & Clinics. The Diagnostic Laboratories is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.17% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Glycated Albumin Assay Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Glycated Albumin Assay Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Glycated Albumin Assay Market, highlighting leading vendors and their innovative profiles. These include Abcam PLC, Abnova Corporation, Asahi Kasei Corporation, Beijing Strong Biotechnologies Inc., Cardinal Health Inc., Crystal Chem Inc., Diazyme Laboratories Inc., DxGen Corp., EKF Diagnostics Holdings PLC, Epinex Diagnostics Inc., Ethos Biosciences, Inc., FroggaBio Inc., Hymes Biotech, Laboratory Corporation of America Holdings, LifeSpan BioSciences, Inc., and Weldon Biotech Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Glycated Albumin Assay Market, by Product
7. Glycated Albumin Assay Market, by Application
8. Glycated Albumin Assay Market, by End User
9. Americas Glycated Albumin Assay Market
10. Asia-Pacific Glycated Albumin Assay Market
11. Europe, Middle East & Africa Glycated Albumin Assay Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Glycated Albumin Assay Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Glycated Albumin Assay Market?
3. What is the competitive strategic window for opportunities in the Glycated Albumin Assay Market?
4. What are the technology trends and regulatory frameworks in the Glycated Albumin Assay Market?
5. What is the market share of the leading vendors in the Glycated Albumin Assay Market?
6. What modes and strategic moves are considered suitable for entering the Glycated Albumin Assay Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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