Research Nester’s recent market research analysis on “Comprehensive Metabolic Panel Testing Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global comprehensive metabolic panel testing market in terms of market segmentation by type, end-user, and by region.
Rising Prevalence of Diabetes and Changes in Lifestyle to Promote Global Market Share of Comprehensive Metabolic Panel Testing Market
The global comprehensive metabolic panel testing market is projected to garner remarkable revenue in the forecasted period. The reason for the growth is the rising aging population and increased healthcare requirements. Furthermore, the rising cases of diabetes and efforts of governments to raise awareness among the population are projected to fuel the market growth. It has been estimated that almost 422.1 million people globally are suffering from diabetes and almost 1.51 million deaths are directly attributed to diabetes each year. The prevalence of altering lifestyle where the population is becoming more sedentary and opting for unhealthy dietary choices to escalate the occurrence of diabetes. The global comprehensive metabolic panel market is projected to witness remarkable growth in the coming period. Other than this, the increase in demand for point-of-care testing for early detection and faster results by these kinds of tests are a few factors responsible for the growth of the market. Moreover, the implementation of more data-driven solutions for better evaluation of health conditions is also fostering the global comprehensive metabolic panel market.
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Some of the major growth factors and challenges that are associated with the growth of the global comprehensive metabolic panel market are:
Growth Drivers:
• Surge in the Number of Diabetic Patients
• Rise in the Demand for Immediate Diagnosis
Challenges:
Cost constraints & affordability, interpretation & lack of communication in revealing results and standardization are some of the major factors anticipated to hamper the global market size of global comprehensive metabolic panel market.
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By end user, the global comprehensive metabolic panel market is segmented into hospitals, clinical laboratories, and home healthcare. Out of these, the hospital segment is projected to garner remarkable growth during the forecasted period. Factors such as rising aging population, increasing requirements for specialized care, and the prevalence of chronic diseases are also positively affecting the growth of the global comprehensive metabolic panel market in the coming period of time.
By region, the Europe comprehensive metabolic panel market is to generate the highest revenue by the end of 2036. It has been estimated that almost 58.1 million adults have diabetes in Europe in the year 2021. Also, the region has a robust healthcare infrastructure which is expected to drive the growth of the comprehensive metabolic panel market in the region.
This report also provides the existing competitive scenario of some of the key players of the global comprehensive metabolic panel market which includes company profiling of Quest Diagnostics, Laboratory Corporation of America Holdings, Abbott Laboratories, Siemens Helathineers, Roche Diagnostics, Thermo Fisher Scientific, Bio Rad laboratories, Randox Laboratories, Ortho Clinical Diagnostics, Beckman Coulter, Sysmex Corporation, Fujirebio Inc, Arkray Inc, Sekisui Medical Co., Ltd, LSI Medience Corporation. and others.
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https://www.researchnester.com/reports/comprehensive-metabolic-panel-testing-market/5643
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