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Therapeutic Drug Monitoring - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303570
Global Therapeutic Drug Monitoring Market to Reach $2 Billion by 2027

Amid the COVID-19 crisis, the global market for Therapeutic Drug Monitoring estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 5.7% over the period 2020-2027. Consumables, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Equipment segment is readjusted to a revised 5.2% CAGR for the next 7-year period.





The U.S. Market is Estimated at $368 Million, While China is Forecast to Grow at 8.8% CAGR

The Therapeutic Drug Monitoring market in the U.S. is estimated at US$368 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$423.7 Million by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Select Competitors (Total 42 Featured):
  • Aalto Scientific
  • Abbott Laboratories
  • Apdia Group
  • Ark Diagnostics
  • Biomérieux
  • Bio-Rad Laboratories
  • Biotez Berlin Buch
  • Bühlmann Laboratories
  • Cambridge Life Sciences
  • Chromsystems Instruments & Chemicals
  • Danaher Corporation
  • Diasystem Scandinavia
  • Eagle Biosciences
  • Exagen
  • F. Hoffmann-La Roche
  • Grifols
  • Immundiagnostik
  • Jasem Laboratory Systems And Solutions
  • Randox Laboratories
  • R-Biopharm
  • Sekisui Medical
  • Siemens Healthineers
  • Theradiag
  • Thermo Fisher Scientific
  • Utak
Frequently Asked Questions about the Global Market for Therapeutic Drug Monitoring

What is the estimated value of the Global Market for Therapeutic Drug Monitoring?

The Global Market for Therapeutic Drug Monitoring was estimated to be valued at $1.4 Billion in 2020.

What is the growth rate of the Global Market for Therapeutic Drug Monitoring?

The growth rate of the Global Market for Therapeutic Drug Monitoring is 5.2%, with an estimated value of $2.0 Billion by 2027.

What is the forecasted size of the Global Market for Therapeutic Drug Monitoring?

The Global Market for Therapeutic Drug Monitoring is estimated to be worth $2.0 Billion by 2027.

Who are the key companies in the Global Market for Therapeutic Drug Monitoring?

Key companies in the Global Market for Therapeutic Drug Monitoring include Aalto Scientific, Abbott Laboratories, Apdia Group, Ark Diagnostics, Biomérieux, Bio, Rad Laboratories, Biotez Berlin Buch and Cambridge Life Sciences.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 42

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Aalto Scientific
  • Abbott Laboratories
  • Apdia Group
  • Ark Diagnostics
  • Biomérieux
  • Bio-Rad Laboratories
  • Biotez Berlin Buch
  • Bühlmann Laboratories
  • Cambridge Life Sciences
  • Chromsystems Instruments & Chemicals
  • Danaher Corporation
  • Diasystem Scandinavia
  • Eagle Biosciences
  • Exagen
  • F. Hoffmann-La Roche
  • Grifols
  • Immundiagnostik
  • Jasem Laboratory Systems And Solutions
  • Randox Laboratories
  • R-Biopharm
  • Sekisui Medical
  • Siemens Healthineers
  • Theradiag
  • Thermo Fisher Scientific
  • Utak