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Boronate Affinity Tests Global Market 2024 Industry Trends Growth Drivers and Market Insights
Boronate Affinity Tests
As per the report, the boronate affinity tests market size has grown strongly in recent years. It will grow from $3.15 billion in 2023 to $3.47 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The boronate affinity tests market size is expected to see rapid growth in the next few years. It will grow to $5.08 billion in 2028 at a compound annual growth rate (CAGR) of 10%.
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What Is Driving The Growth Of The Global Boronate Affinity Tests Market?
Rising Diabetes Rates Drive Growth In Boronate Affinity Testing Market
The increasing diabetic population is expected to propel the growth of the boronate affinity tests market going forward. Diabetes is a chronic medical condition characterized by high blood glucose levels due to the body's inability to produce or effectively use insulin. The diabetes cases are rising due to poor diet, especially high consumption of processed foods and sugary drinks, and sedentary lifestyles characterized by minimal physical activity. Moreover, the aging population and family history of diabetes increase the risk, indicating a genetic predisposition. Boronate affinity tests are used in diabetes management to accurately measure glycated proteins, providing a reliable indicator of long-term blood glucose control.
How Is The Global Boronate Affinity Tests Market Segmented?
The boronate affinity tests market covered in this report is segmented -
1) By Product Type: Test Kits, Instruments, Consumables
2) By Technology: Fluorescence Based Tests, Colorimetric Assays, Electrochemical Methods
3) By Indication: Type 1 Diabetes, Type 2 Diabetes
4) By End User: Hospitals And Clinics, Diagnostics Labarotories, Research Institutes, Pharmaceutical And Biotechnology Companies
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How Is The Competitive Landscape Of The Global Boronate Affinity Tests Market?
Major companies operating in the boronate affinity tests market are F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Abbott Laboratories, Siemens Healthineers, Merck KGaA, Tosoh Corporation, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Alere Inc, Green Cross Holdings Corp., Bio-Techne Corporation, ARKRAY Inc, EKF Diagnostics Holdings plc, HemoCue AB, Trinity Biotech, SeraCare Life Sciences Inc, Medix Biochemica, PTS Diagnostics, Biosynth, Santa Cruz Biotechnology, A Menarini Diagnostics Srl, Diazyme Laboratories Inc, Bioventix PLC, GenWay Biotech Inc, Diatheva, OSANG Healthcare Co Ltd, Cypress Diagnostics, Goldsite Diagnostics Inc
Contents Of The Global Boronate Affinity Tests Market
1. Executive Summary
2. Boronate Affinity Tests Market Report Structure
3. Boronate Affinity Tests Market Trends And Strategies
4. Boronate Affinity Tests Market - Macro Economic Scenario
5. Boronate Affinity Tests Market Size And Growth
…..
27. Boronate Affinity Tests Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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