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Comprehensive Metabolic Panel (CMP) Testing Market 2024 - Business Overview, Future Opportunities, Growth Analysis, Regional Demand And Forecast To 2033
Comprehensive Metabolic Panel (CMP) Testing Market
As per the report, the comprehensive metabolic panel (cmp) testing market size has grown strongly in recent years. It will grow from $15.61 billion in 2023 to $16.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The comprehensive metabolic panel (cmp) testing market size is expected to see strong growth in the next few years. It will grow to $23.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.
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Driving Forces In The Comprehensive Metabolic Panel (CMP) Testing Market Addressing The Rising Prevalence Of Cardiovascular Diseases And Diabetes
The increasing prevalence of cardiovascular diseases and diabetes is expected to propel the growth of the comprehensive metabolic panel (CMP) testing market going forward. Cardiovascular disorders affect the heart or blood vessels and are linked to atherosclerosis, the build-up of fatty deposits inside the arteries. Diabetes is a condition that develops when blood glucose levels are too high. Comprehensive metabolic panel (CMP) blood tests detect glucose levels. Thus, with the increasing cases of diabetes and cardiovascular diseases, the need for their diagnosis through blood tests such as the CMP blood test will support the market's growth. For instance, in December 2023, according to the Australian Institute of Health and Welfare, an Australia-based national agency that oversees public health and wellness, there were 13,700 doctor-certified fatalities attributable to CHD in 2020, increasing to 14,100 in 2021 and 14,900 in 2022. Furthermore, in June 2022, according to the International Diabetes Federation, a Belgium-based diabetes federation, the prevalence of diabetes had increased to 10.5% worldwide, with over half (44.7%) of people still undiagnosed. Therefore, the increasing prevalence of cardiovascular diseases and diabetes is driving the growth of the comprehensive metabolic panel (CMP) testing market.
Advancements In Comprehensive Metabolic Panel (CMP) Testing Healthifyme's Healthifypro Plan Revolutionizes Health Monitoring
Technological advancements are a key trend gaining popularity in the comprehensive metabolic panel (CMP) testing market. Major companies operating in the comprehensive metabolic panel (CMP) testing market are developing new technologies to sustain their position in the market. For instance, in April 2022, HealthifyMe, an Indian-based wellness and fitness services company, launched HealthifyPro, a flagship fitness plan. The HealthifyPro plan's metabolic panel is based on a blood test that may measure more than 80 different factors. The main components of HealthifyPro that are included to track users' health are a biosensor system (BIOS), a smart scale, health coaches, HealthifyMe's AI assistant, and a metabolic panel. It integrates data on glucose patterns with the users' food consumption and other exercise behaviors to create a personalized approach for each user.
The comprehensive metabolic panel (cmp) testing market covered in this report is segmented -
1) By Disease: Kidney Disease, Liver Disease, Diabetes, Other Diseases
2) By Test Type: Proteins, Electrolytes, Kidney Tests, Liver Functional Tests, Glucose
3) By End User: Laboratories, Point Of Care (PoC)
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Major companies operating in the comprehensive metabolic panel (cmp) testing market report are F Hoffmann-La Roche Ltd., Abbott Laboratories Inc., Siemens Healthineers AG, Mayo Clinic, Laboratory Corporation of America Holdings, Mercy, Mount Sinai Health System, Quest Diagnostics Incorporated, Sonic Healthcare Limited, Hologic Inc., Beckman Coulter Inc., Bio-Rad Laboratories Inc., Werfen SA, DiaSorin S.p.A., Randox Laboratories Ltd., ARUP Laboratories Inc., Invitae Corporation, Abaxis Inc., Metropolis Healthcare Limited, Clinical Reference Laboratory (CRL), Centogene AG, Spectra Laboratories, Unipath Systems Ltd., Scion Lab Services LLC, Weldon Biotech Pvt Ltd., Corona Pathology,Ulta Lab Tests LLC, Any Lab Test Now, Applied InGENuity Diagnostics LLC, Walk-In Lab LLC.
Contents of the report:
1. Executive Summary
2. Comprehensive Metabolic Panel (CMP) Testing Market Report Structure
3. Comprehensive Metabolic Panel (CMP) Testing Market Trends And Strategies
4. Comprehensive Metabolic Panel (CMP) Testing Market - Macro Economic Scenario
5. Comprehensive Metabolic Panel (CMP) Testing Market Size And Growth
…..
27. Comprehensive Metabolic Panel (CMP) Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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