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Endocrine Peptide Test Market on Track for Strong Growth, Estimated to Grow at 8.7% CAGR Through 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Endocrine Peptide Test Market Through 2025?
The market for endocrine peptide testing has experienced robust expansion lately, projected to advance from a value of $9.11 billion in 2024 to $9.95 billion the following year, reflecting a compound annual growth rate of 9.3%. This upward trajectory during the past period stemmed from various factors, including augmented fiscal outlays by governments, a growing incidence of diabetes globally, a worldwide decline in population immunity, heightened susceptibility to various long-term illnesses, and the proliferation of governmental support programs.
What's the Projected Size of the Global Endocrine Peptide Test Market by 2029?
Market projections indicate robust expansion for the endocrine peptide testing sector over the upcoming period, anticipating a valuation reaching $13.9 billion by 2029 propelled by an 8.7% compound annual growth rate; this upward trajectory is fueled by heightened need for these diagnostic tools, escalating investment in R&D endeavors, a surge in the incidence of conditions linked to modern lifestyles, an expanding elderly demographic, and the widespread increase in diabetes cases. Key developments shaping this market include progress in methodologies for endocrine assessment, technological leaps in testing apparatus, continuous R&D efforts aimed at creating innovative diagnostic approaches, a greater frequency of new product clearances, and a discernible movement towards proactive health maintenance strategies.
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Top Growth Drivers in the Endocrine Peptide Test Industry: What's Accelerating the Market?
Anticipated proliferation of diabetes cases is forecast to accelerate the expansion of the market for endocrine peptide testing in the upcoming period.Diabetes encompasses a collection of medical conditions characterized by elevated concentrations of blood sugar (glucose).This increasing incidence is attributed to various contributing elements, such as poor dietary habits, physically inactive ways of life, inherited susceptibility, and demographic shifts toward an older populace.Endocrine peptide assays, which encompass diagnostics like hemoglobin A1c, fasting plasma glucose, and C-peptide examinations, are employed in managing diabetes for the purpose of identifying the disorder, keeping tabs on glucose concentrations, and evaluating both insulin output and the body's responsiveness to it.As an illustration, data reported by the National Health Service (NHS), the governmental body in the United Kingdom, indicated in June 2024 a notable surge in diabetes diagnoses among those under the age of forty, with figures climbing from 173,166 in 2022 to 216,440 in 2023, clearly demonstrating a worrying escalation in the frequency of diabetes within younger demographics and consequently fueling the demand within the endocrine peptide testing sector.
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What Trends Will Shape the Endocrine Peptide Test Market Through 2029 and Beyond?
Leading firms within the endocrine peptide testing sector are focusing on the creation of immunoassay testing platforms intended to boost the precision, responsiveness, and rapidity of endocrine peptide analysis. These platforms employ antibodies to identify and quantify distinct peptides found in biological samples such as blood or urine, thereby furnishing medical practitioners with crucial insights regarding hormonal concentrations and the overall performance of the endocrine system. As an illustration, in July 2023, Siemens Healthineers, a healthcare solutions provider headquartered in Germany, introduced the Atellica CI Analyzer, a streamlined apparatus designed for both immunoassay and clinical chemistry diagnostics, encompassing tests for endocrine peptides. This analyzer furthermore incorporates a testing repertoire specialized for reproductive endocrinology, featuring anti-Mullerian hormone (AMH) analysis for assessing ovarian reserve, alongside sFlt-1 and placental growth factor (PlGF) to assist in predicting preeclampsia outcomes. Engineered for rapid and dependable result delivery, the Atellica CI Analyzer boasts a throughput capacity reaching one thousand analyses hourly, offering laboratories enhanced operational efficiency and adaptability to address shifting diagnostic demands.
What Are the Main Segments in the Endocrine Peptide Test Market?
The endocrine peptide testmarket covered in this report is segmented -
1) By Test-Type: Dehydroepiandrosterone Sulphate; Progesterone; Luteinizing Hormone; Thyroid Prolactin; Oestradiol; Human Chorionic Gonadotropin; Thyroid-Stimulating Hormone; Other Test-Types
2) By Technology: Mass Spectroscopy; Immunoassay; Chromatography; Nucleic Acid Based; Other Technologies
3) By End-User: Clinics; Healthcare Centers; Hospitals; Commercial Laboratories
Subsegments:
1) By Dehydroepiandrosterone Sulphate (DHEA-S): Immunoassay Tests; Enzyme-Linked Immunosorbent Assay (ELISA); Radioimmunoassay (RIA)
2) By Progesterone: Immunoassay Tests; Chemiluminescence Assays; ELISA Tests
3) By Luteinizing Hormone (LH): Immunoassay Tests; Enzyme Immunoassay (EIA); Radioimmunoassay (RIA)
4) By Thyroid Prolactin: Immunoassay Tests; Chemiluminescence Assays; Radioimmunoassay (RIA)
5) By Oestradiol: Immunoassay Tests; Enzyme-Linked Immunosorbent Assay (ELISA); Radioimmunoassay (RIA)
6) By Human Chorionic Gonadotropin (hCG): Immunoassay Tests; Chemiluminescence Assays; Enzyme Immunoassay (EIA)
7) By Thyroid-Stimulating Hormone (TSH): Immunoassay Tests; Radioimmunoassay (RIA); Enzyme-Linked Immunosorbent Assay (ELISA)
8) Other Test-Types: Cortisol; Insulin; Growth Hormone (GH); Parathyroid Hormone (PTH)
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Which Top Companies are Driving Growth in the Endocrine Peptide Test Market?
Major companies operating in the endocrine peptide test market are Siemens AG, F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Merck KGaA, Becton dic*kinson and Company, Laboratory Corporation of America Holdings (LabCorp), Quest Diagnostics Incorporated, Agilent Technologies Inc., Illumina Inc., bioMérieux SA, Bio-Rad Laboratories Inc., DiaSorin S.p.A., Sciex, Bio-Techne Corporation, Invitae Corporation, ARUP Laboratories, Genova Diagnostics, Boston Heart Diagnostics Corporation, Immunodiagnostic Systems Ltd., Mayo Clinic Laboratories
Which Regions Will Dominate the Endocrine Peptide Test Market Through 2029?
North America was the largest region in the endocrine peptide test market in 2024. The regions covered in the endocrine peptide test market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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