Global C-Reactive Protein Test Market 2019-2023

Some of the key findings from our C-reactive protein test market forecast report are summarized below

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Global C-reactive protein test industry overview

There is an increase in the number of collaborations among research and academic institutions to understand the complex structures of proteins. This is leading to an improved understanding of post-transitional modifications, which enhances the knowledge of protein functioning. Improvements in protein research are attracting researchers to study the field for multiple applications such as drug discovery, diagnosis, and protein production. The governments of several countries across the globe have also introduced initiatives to enhance the applications of protein research and production. This will increase the need for CRP tests, augmenting the CRP (C-reactive protein) test market’s growth prospects.

Several vendors are focusing on offering products with enhanced features to retain its existing customer base and to attract potential customers. Modern CRP test instruments are equipped with both unidirectional and bidirectional connectivity to hospital and laboratory information systems (LIS) and computer systems. The instrument’s internal memory stores test results that make the work process more efficient. Such technological advancements will increase the demand from customers, driving the CRP test market growth at a CAGR of more than 1% during the forecast period.

Top C-reactive protein test companies covered in this market research report

The global CRP test market is moderately concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, the CRP (C-reactive protein) test market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities in the CRP test market.

The report offers a detailed analysis of several C-reactive protein test companies, including:

• Abbott
• Danaher
• F Hoffmann-La Roche Ltd
• Merck KGaA
• Thermo Fisher Scientific Inc

C-reactive protein test market segmentation based on end-users

• Hospitals
• Clinical Laboratories
• Others

There is an increase in patient admissions in hospitals because of the rising prevalence of target diseases such as blood disorders, liver disorders, and CVDs. This will subsequently increase the sale of CRP products in this end-user segment as hospitals perform a number of tests using assay kits, reagents, and analyzers. Hospitals will be the largest end-user segment to the CRP (C-reactive protein) test market throughout the forecast period.

C-reactive protein test market segmentation based on geography

• Asia
• Europe
• North America
• ROW

The strong prevalence of CVDs, cancer, and diabetes has resulted in an increased demand for CRP test in North America. The increased incidence of stroke has led to the setup of many diagnostic centers in countries such as the US. This has led to an increase in the adoption of CRP tests, driving market growth in the region. Moreover, the presence of information service providers in Canada that create awareness about CRP tests will also contribute to the growth of the market in North America. As a result, this region will account for the largest CRP test market share during 2019-2023.

Key highlights of the global C-reactive protein test market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the CRP (C-reactive protein) test market during the next five years
• Precise estimation of the global CRP test market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the C-reactive protein test industry across Asa, Europe, North America, and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of C-reactive protein test companies

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