C Reactive Protein Testing Market Key Trends and Opportunity Analysis 2019
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Consistent research and development in the field of biotechnology has made processes more specific and hence efficient. Newer test called high sensitivity C-reactive protein test (hs-CRP) was developed which is more sensitive as compared to standard CRP test. The hs-CRP test can measure CRP levels in mg/L of blood. According to an article published online on The Wall Street Journal, in 2012, the test has been endorsed by American Heart Association and American College of Cardiology.
The World Health Organization (WHO) states that annually around 17 million people die due to cardiovascular diseases globally. In another data published by European Cardiovascular Disease Statistics, cardiovascular disease (CVD) causes 47% of all the mortalities in Europe. Similar conditions exist in other parts of the world, where early diagnosis of cardiac disorders can reduce mortality rates. CRP tests may also be advised in cases of autoimmune diseases, osteomyelitis, post-surgery infections and stroke. Strokes has also become a concern where around 1.1 million stroke survivors live in U.K. alone according to Stroke Association, U.K. Due to wide scope of application, large target population and increasing health awareness across the globe, the market for C-reactive proteins testing is expected to grow rapidly.
As the cost per test ranges from 15 to 25 USD, market is expected to be primarily driven by volume of tests performed. Thus better market penetration is expected to boost the market for CRP testing. Various ELISA, immunoturbidimetric, and chemiluminescence immunoassay (CLIA) based assays are currently available for diagnostic purpose. Some of the major players in this market include Randox, Roche Diagnostics, Life Technologies, and EMD Millipore.
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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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