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Driving Forces In The Comprehensive Metabolic Panel (CMP) Testing Market Addressing The Rising Prevalence Of Cardiovascular Diseases And Diabetes: Strategic Insights Driving Comprehensive Metabolic Panel (CMP) Testing Market Momentum in 2025
Comprehensive Metabolic Panel (CMP) Testing
How Large Will the Comprehensive Metabolic Panel (CMP) Testing Market Size By 2025?
In recent times, the market size for the comprehensive metabolic panel (CMP) testing has seen robust growth. The market, which is anticipated to expand from $17.04 billion in 2024 to $18.39 billion in 2025, is likely to have a compound annual growth rate (CAGR) of 7.9%. The past growth can be credited to an increase in chronic diseases, a rising demand for a comprehensive evaluation of health, the healthcare system's focus on preventive care, an upsurge in conditions related to lifestyle, and a healthcare approach that prioritises patients.
How Big Is the Comprehensive Metabolic Panel (CMP) Testing Market Size Expected to Grow by 2029?
The market size of the comprehensive metabolic panel (CMP) testing is predicted to experience robust expansion in the upcoming years, expected to reach $26.02 billion in 2029, with a compound annual growth rate (CAGR) of 9.1%. This projected growth for the forecasted period is due to factors such as developments in personalized medicine and precision healthcare, the integration of CMP testing with telehealth services, the increasing demand for thorough health examinations, the growth in wellness and preventive health programs, and the changes in healthcare policies and regulations. Key trends during the forecast period encompass consistent monitoring and longitudinal tracing, telemedicine-compatible reporting methods, standardization of reference thresholds, amalgamation of wearable health tech, and a focus on patient education and active involvement.
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Which Key Market Drivers Powering Comprehensive Metabolic Panel (CMP) Testing Market Expansion and Growth?
The comprehensive metabolic panel (CMP) testing market is predicted to expand due to the growing incidences of cardiovascular diseases and diabetes. Cardiovascular conditions, often associated with atherosclerosis - an accumulation of fatty residue inside the arteries, impact the heart or blood vessels. Furthermore, diabetes arises when the levels of blood glucose are excessively high. As CMP blood tests can determine glucose levels, an increase in diabetes and cardiovascular disease cases signifies a rise in diagnosis through blood tests like the CMP blood test, which in turn boosts the market's growth. As an illustration, the Australian Institute of Health and Welfare reported in December 2023 that the deaths certified by doctors due to CHD (coronary heart disease) were 13,700 in 2020, with a rise to 14,100 in 2021 and 14,900 in 2022. Moreover, the International Diabetes Federation, based in Belgium, reported in June 2022 that the prevalence of diabetes had escalated to 10.5% globally, with nearly half (44.7%) of the patients yet to be diagnosed. Consequently, the progressive cases of cardiovascular diseases and diabetes are fostering the growth of the comprehensive metabolic panel (CMP) testing market.
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Which Fast-Growing Trends Are Poised to Disrupt the Comprehensive Metabolic Panel (CMP) Testing Market?
Progress in technology is an emerging trend in the comprehensive metabolic panel (CMP) testing market, with leading corporations in the sector focusing on technological innovation to maintain market dominance. Take HealthifyMe, an Indian wellness and fitness services company, for example. In April 2022, they introduced their prime fitness plan, HealthifyPro. The metabolic panel of the HealthifyPro plan is grounded in a blood test that can assess over 80 distinct variables. Key features of HealthifyPro, designed to monitor customer health, include a biosensor system (BIOS), a smart scale, health mentors, HealthifyMe's AI assistant, and a metabolic panel. It combines glucose pattern data with information on user diet and exercise habits to tailor an individualized solution for each user.
What Are the Emerging Segments in the Comprehensive Metabolic Panel (CMP) Testing Market?
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)
Subsegments:
1) By Kidney Disease: Chronic Kidney Disease (CKD), Acute Kidney Injury (AKI), Glomerulonephritis
2) By Liver Disease: Hepatitis (Viral And Non-Viral), Cirrhosis, Fatty Liver Disease
3) By Diabetes: Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes
4) By Other Diseases: Cardiovascular Diseases, Electrolyte Imbalances, Metabolic Disorders, Pancreatic Diseases
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Who Are the Global Leaders in the Comprehensive Metabolic Panel (CMP) Testing Market?
Major companies operating in the comprehensive metabolic panel (CMP) testing market include 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
Which are the Top Profitable Regional Markets for the Comprehensive Metabolic Panel (CMP) Testing Industry?
North America was the largest region in the comprehensive metabolic panel (CMP) testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the comprehensive metabolic panel (CMP) testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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