Global and Chinese Therapeutic Drug Monitoring Market Analysis, Growth Opportunities, Trends, Forecast and Outlook 2024

Therapeutic drug monitoring refers to the monitoring of drug concentrations in body fluids, usually plasma, during the treatment or diagnosis of the condition or disease. Therapeutic medication monitoring is performed for specific medications only because many medications are not clearly related to their effects. Therapeutic drug monitoring aims to reduce the toxicity assisted with the diagnosis or helps improve the efficiency of the drug. Some of the drugs have a narrow therapeutic window. If the concentration is above the upper limit, it shows toxic effects. If the medicine is below the lower level, it will not show therapeutic effect. Especially, for this type of drugs, therapeutic drug monitoring is used. Therapeutic medication monitoring helps doctors optimize the medication to obtain the therapeutic result.

The therapeutic drug monitoring market is projected to reach to reach USD 1.63 billion by 2024 from USD 1.16 billion in 2019 at a CAGR of 5.9% during the forecast period

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Top Players including:

Beckman Coulte, Bio-Rad Laboratories, Hoffmann-La Roche, Siemens Healthcare, Thermo Fisher , cientific, Abbott laboratories, Bayer AG, bioMérieux, Inc, Alere, Inc, Danaher Corporation, Theradiag, Tecan Trading AG, SQI Diagnostics, Sekisui Medical Co ltd, Quest Diagnostics,

Therapeutic Drug Monitoring Market, by Product

Consumables

Equipment

Immunoassay Analyzers

Chromatography & MS

Clinical Chemistry Analyzers

Therapeutic Drug Monitoring Market, by Class of Drugs

Antiepileptic Drugs

Antiarrhythmic Drugs

Immunosuppressant Drugs

Antibiotic Drugs

Bronchodilator Drugs

Psychoactive Drugs

Other Drug Classes

Therapeutic Drug Monitoring Market, by Technology

Immunoassays

Chemiluminescent Immunoassay (CLIA)

Fluorescence Immunoassay (FPIA)

Radioimmunoassay (RIA)

Colorimetry Immunoassay

Others Immunoassay

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Estimates 2019-2024 Therapeutic Drug Monitoring market development trends with the recent trends and SWOT analysis

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

1-year analyst support, along with the data support in excel format.

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