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Prostatic Acid Phosphatase Testing Technologies Market Pegged for Robust Expansion During 2013 - 2019

12-20-2017 02:57 PM CET | Health & Medicine

Press release from: Transparency Market Research

Prostatic Acid Phosphatase Testing Technologies Market Pegged

Prostatic Acid Phosphatase (PAP) test is a type of blood test to determine health of prostate gland by measuring prostatic acid phosphatase levels. PAP is an enzyme found in men and majorly present in the prostate gland and semen. Significant amounts of PAP are also found in platelets, bone, spleen, kidney and liver. PAP measurement is important in the management of prostatic cancer patients especially in monitoring remission or relapse of prostatic malignancy and in assessing the effectiveness of various treatment regimes.

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It was observed that cancer diagnostics market is on a verge of exponential growth in coming years as the R&D activities of major organizations are intensively developing products in the field of tumor diagnosis and therapy, discovery of new specific antigens and understanding of relation between genetics and disease.

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North America is the leading market for prostatic acid phosphatase testing technologies, due to factors such as increase in awareness about prostate cancer and anticipated technological breakthroughs in determination of genetic predisposition, detection of specific tumors and monitoring of biological response to cancer therapy. The other regional markets for PAP testing technologies include Europe, Asia-Pacific and Rest of World (RoW).

Some of the key players contributing to this market include life sciences companies such as Abbott Laboratories, Beckman Coulter, Inc., Binding Site, bioMérieux SA, Carolina Liquid Chemistries Corp., Dia Sorin, Horiba Group, Inverness Medical Technology, Johnson and Johnson Ltd., Roche, Siemens AG and Others.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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