Global Therapeutic Drug Monitoring
Market Report
2025
The Therapeutic Drug Monitoring market was valued at USD 1.93 billion in 2022 and will reach USD 3.86 billion, with a CAGR of 10.41 % from 2022 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per the latest report of Cognitive Market Research, The Therapeutic Drug Monitoring market was valued at USD 1.93 billion in 2022 and will reach USD 3.86 billion, with a CAGR of 10.41 % from 2022 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Therapeutic Drug Monitoring Market Sales Revenue 2022 | $ 1.93 Billion |
Global Therapeutic Drug Monitoring Market Sales Revenue 2030 | $ 3.86 Billion |
Global Therapeutic Drug Monitoring Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.41% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Therapeutic drug monitoring refers to tests that measure different drugs in the bloodstream to make sure the drug is being used appropriately. It checks if its quantity is enough to be beneficial and does not cause serious side effects. Some medications, such as anti-inflammatory drugs, antibiotics, anti-inflammatory drugs, and antipsychotic drugs, require monitoring of safety and effectiveness. Increasing demand for hospitals and clinics around the world is one of the main factors driving the growth of the therapeutic drug monitoring market. The importance of therapeutic drug monitoring in organ transplant procedures and the growing preference for precision medicine have led to rapid market growth. The focus on therapeutic drug monitoring (TDM) related R&D activities and the use of clinical trials in clinical areas further increase the therapeutic drug monitoring market.
Increasing prevalence of chronic disease such as heart disease, cancer, and neurodegenerative diseases that require long-term treatment with drugs with a narrow window, are increasing the demand for Therapeutic drug monitoring market. For instance, according to the World Health Organization (WHO), approximately 18,094,716 new cases of cancer will be diagnosed in 2020. In addition, coronary heart disease is the most common type of heart disease in which an estimated 20.1 million adults aged 20 years and older suffer from coronary artery disease. (CAD), according to the US Centres for Disease Control and Prevention (CDC). Therefore, increasing chances of such diseases are anticipated to drive the market over the forecast period.
The lack of skilled professionals can restrain the growth of the Therapeutic drug monitoring market. Additionally, the high cost of investments will act as restraints for the Therapeutic Drug Monitoring market during the forecast period.
COVID-19 had a negative impact on the therapeutic drug monitoring market. This is due to delays in the supply of reagents and testing kits used for laboratory testing. However, the decline in the number of organ transplants across the globe during COVID-19 has reduced the demand for the market.
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Biognosys, a leader in next-generation solutions for drug discovery and development, announced that it has expanded its proteomics systems, providing users with pharmaceutical and clinical information that provides deep insight into the entire R&D pipeline, from early discovery to the clinical stage. date information.
Seer, Inc. aims to capture and interpret molecular insights from the proteome to help diagnose cancer and brain diseases and guide early treatment. Seer's core technology, the Proteograph platform, is designed to provide fast, affordable and large-scale high-precision proteomic analysis.
A company specializing in in vitro diagnostics and theranostics, today announces that it has obtained CE marking for four additional i-Tracker test kits for biotherapy monitoring.
Top Companies Market Share in Therapeutic Drug Monitoring Industry: (In no particular order of Rank)
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North America is expected to have the highest revenue share in the therapeutic drug monitoring market, due to highly advanced healthcare infastructure, rising incidence rates of infectious diseases, and rising geriatric population in the region. The Asia Pacific therapeutic drug monitoring market is expected to have a lucrative growth rate over the forecast period. This is attributable to the increasing patient population in developing countries like China, India, and Japan and the rise in the number of geriatric populations who suffer from various chronic diseases.
The current report Scope analyzes Therapeutic Drug Monitoring Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Therapeutic Drug Monitoring Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Therapeutic Drug Monitoring Industry growth. Therapeutic Drug Monitoring market has been segmented with the help of its Type, Application , and others. Therapeutic Drug Monitoring market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
On the basis of type, the therapeutic drug monitoring market is segmented into blood test, urine test, saliva test, and other tests. The blood test segment is expected to dominate the market during the forecast period. This can be attributed to the increased number of patients with chronic disease. The urine test segment will witness strong growth over the forecast period.
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By Application, the therapeutic drug monitoring market is segmented into hospital laboratories, commercial/private laboratories. The hospital laboratories segment is expected to have the highest CAGR during the forecast period, due to increasing number of patients and rising chronic diseases across the globe.
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Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Therapeutic Drug Monitoring Market is witnessing significant growth in the near future.
In 2023, the Blood test segment accounted for noticeable share of global Therapeutic Drug Monitoring Market and is projected to experience significant growth in the near future.
The Hospital Laboratories segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies F. Hoffmann-La Roche AG, Thermo Fisher Scientific and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Blood test, Urine test, Saliva test, Others |
Application | Hospital Laboratories, Commercial/Private Laboratories, Others |
List of Competitors | F. Hoffmann-La Roche AG, Siemens Healthcare, Thermo Fisher Scientific, Bio-Rad Laboratories Inc., Danaher Corporation |
This chapter will help you gain GLOBAL Market Analysis of Therapeutic Drug Monitoring. Further deep in this chapter, you will be able to review Global Therapeutic Drug Monitoring Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Therapeutic Drug Monitoring. Further deep in this chapter, you will be able to review North America Therapeutic Drug Monitoring Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Therapeutic Drug Monitoring. Further deep in this chapter, you will be able to review Europe Therapeutic Drug Monitoring Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Therapeutic Drug Monitoring. Further deep in this chapter, you will be able to review Asia Pacific Therapeutic Drug Monitoring Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Therapeutic Drug Monitoring. Further deep in this chapter, you will be able to review South America Therapeutic Drug Monitoring Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Therapeutic Drug Monitoring. Further deep in this chapter, you will be able to review Middle East and Africa Therapeutic Drug Monitoring Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Therapeutic Drug Monitoring. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Therapeutic Drug Monitoring market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
Why Blood test have a significant impact on Therapeutic Drug Monitoring market? |
What are the key factors affecting the Blood test and Urine test of Therapeutic Drug Monitoring Market? |
What is the CAGR/Growth Rate of Hospital Laboratories during the forecast period? |
By type, which segment accounted for largest share of the global Therapeutic Drug Monitoring Market? |
Which region is expected to dominate the global Therapeutic Drug Monitoring Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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