C-Reactive Protein (CRP) Test Market Size and Economic Growth Report By 2028

3rd May 2019 - Global C–Reactive protein (CRP) test market is anticipated to exhibit a rise in the CAGR during its forecast period. C–Reactive protein is an immunoprotein, which is synthesized in the liver and it helps in activation of all the complement systems. The C–Reactive protein test measures the levels of C-Reactive protein in the body and has the capability to find out if the person is suffering from heart attacks or strokes. Under average circumstances, CRP is stated in very low levels, but it has the efficiency to increase 1,000 folds in the span of 24 hours of tissue damage or infection.

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It has been witnessed that there is a surge in number of incidences of inflammatory disorders such as cardiovascular disorders and cancer infections. This sudden rise is influencing the growth of the C–Reactive protein test market massively. Along with this, another factor that is playing a major role and is growing the market is the prevalence of endometriosis in women. Looking at this wide-ranging market, there is still a lack of public awareness for CRP tests, which is one of the major restraining factor for the market. But due to the favorable policies of the government and more of investments in its R&D, this market is expected to grow rapidly in the near future.

The C–Reactive protein test market is segmented on the basis of assay type (immunoturbidimetric assay, ELISA, chemiluminescence immunoassay), detection range (hs – CRP, conventional CRP, cCRP), disease area (cardiovascular diseases, cancer, rheumatoid, arthritis, inflammatory bowel diseases, endometriosis, lupus), end user (clinics, hospitals, laboratories, assisted living healthcare facilities, home) and region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Mentioning about the assay type segmentation, in which immunoturbidimetric assay is the fastest growing segment, because of the players who are highly investing in its R&D sector. In addition to this, immunoturbidimetric tests are surging and are accepted for protein assays.

Considering the end user insights, clinics have been accounted for the largest revenue share and is anticipated to maintain the same in the forthcoming years. The reason for its rise is the healthcare infrastructure, which acts as a support to this segment.

North America having the largest revenue share dominates the C–Reactive protein test market. Prominent players, technological advancements, and well-structured infrastructures are the factors, accountable for the dominance of this segment. Followed by this region, Asia Pacific is predicted to arise as the fastest growing segment.

Some of the prominent key players of the C–Reactive protein test market are Thermo Fisher Scientific, Inc., HORIBA Ltd., Randox Laboratories Ltd., Abbott, Siemens Healthineers, F Hoffmann-La Roche Ltd., Quest Diagnostics, Getein Biotech, Inc., Ortho Clinical Diagnostics, Orion Diagnostica Oy, Laboratory Corporation of America Holdings, BODITECH MED, INC., Danaher; Merck & Co., Inc., and Abaxis, Inc. All the leading companies are including mergers and acquisitions, partnerships and joint ventures to enhance the growth of the market efficiently.

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