Comprehensive Metabolic Panel (CMP) Testing Market Size Surpass 7.0% CAGR by 2026

admin | December 14, 2019 | 0 | Business , Pharma

Spread the love

The global comprehensive metabolic panel (CMP) testing market is expected to grow at a CAGR of around 7.0% from 2019 to 2026 and reach the market value of over US$ 18,380 million by 2026.

Free Download Sample Report Pages for Better understanding@ https://www.acumenresearchandconsulting.com/request-sample/1587

North America has driven the market in 2018, due to strong commercial performance of CMP diagnostics in the U.S. Some of the major contributors to market growth are high disease burden, rising consumer awareness, government initiatives, technological advances, and improvements in healthcare infrastructure. In addition, key player presence is projected to bode well for CMP testing demand. Increasing number of skill CMP testing provided in North America will attribute to implementation of professional skill test for rising operational efficiency, striation regulatory compliances for new entrance in the market. North America is also a major hub for industries like pharmaceuticals, food, water & environment, commercial drinks, cosmetics, and cannabis testing. A large number of laboratories are undertaking product testing across these industries in this region.

A comprehensive metabolic panel is a group of fourteen blood tests that doctors usually order during annual physical examinations to monitor for health issues. A CMP provides a rough overview of blood sugar levels, liver and kidney function, and acid/base fluid balance & electrolytes. Patients with high blood pressure or diabetes, as well as kidney and liver damage in patients taking certain medications such as acetaminophen, statins, opioids, and antibiotics, this test are also regularly used to monitor disease progression. Factors such as increased prevalence of chronic diseases and emphasis on early diagnosis and treatment will drive demand for CMP testing. One of the factors responsible for increasing the incidence of chronic diseases is the high prevalence of lifestyle-associated diseases such as obesity coupled with unhealthy eating habits, smoking prevalence, and lack of physical activity.

View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/comprehensive-metabolic-panel-cmp-testing-market

In the past few years, kidney diseases held the prominent market share, fueled by a high prevalence of disease and maximum analytical utilization. Diabetes and high blood pressure are the two main causes of chronic kidney disease, responsible for up to two-thirds of cases. Diabetes occurs when your blood sugar is too high, causing damage to many organs, including kidneys, heart, and blood vessels, eyes, and nerves. High blood pressure or hypertension occurs when blood pressure on blood vessel walls increases. High blood pressure may be a leading cause of heart attacks, strokes, and chronic kidney disease if uncontrolled or poorly controlled. Chronic disease of the kidney can also cause high blood pressure.

The global comprehensive metabolic panel (CMP) testing market is highly competitive and consists of key major manufacturers. Some key market players include Sonic Healthcare, Quest Diagnostics, UNIPATH, Laboratory Corporation of America Holdings (LabCorp), Abbott, SYNLAB International GmbH and Others. Major players are focused on strategic initiatives such as product launches, fusions, development and acquisitions, licensing and co-development agreements, thus ensuring the competitiveness of this market.

Contact Here to Get All Published Reports Access at sales@acumenresearchandconsulting.com | +1 407 915 4157 OR +1 408 900 9135

Recent Developments:

  • In January 2019, Abbott acquires Cephea Valve Technologies, Inc., a private medical device company that develops a less invasive heart valve replacement technology for mitral valve disease patients. There was no disclosure of financial terms. Abbott supplied capital to buy Cephea in 2015 and secured an alternative.
  • In June 2019, the Covance Drug Development section of LabCorp finished the purchase of the non-clinical contract research services company of Envigo, increasing the worldwide non-clinical drug development capacities of Covance with extra places and resources. Envigo’s Research Models and Services business finished the Covance Research products business acquisition, leading in an organization devoted to providing a complete variety of research models, diets and bedding. Through a multi-year renewable supply contract, the two businesses will continue to work together.
  • In July 2018, SYNLAB, Europe’s major supplier of medical diagnostic services, announced that the Group has acquired 100% of the shares of Yhtyneet Medix Laboratoriot Oy, Finland’s major personal laboratory firm, from Medix Laboratoriot Oy and Yhtyneet Laboratoriot Oy.

Request for Customization@ https://www.acumenresearchandconsulting.com/request-customization/1587

The report is readily available and can be dispatched immediately after payment confirmation.

Buy this premium research report@ https://www.acumenresearchandconsulting.com/buy-now/0/1587

If you would like to place an order or have any questions, please feel free to contact at sales@acumenresearchandconsulting.com

| +1 407 915 4157 OR +1 408 900 9135

For Latest Update Follow Us:

https://twitter.com/AcumenRC

https://www.facebook.com/acumenresearchandconsulting

https://www.linkedin.com/company/acumen-research-and-consulting/

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Acumen Research and Consulting

  • Esoteric Testing Market Will Touch US$ 40 Bn in 2026

    The worldwide Esoteric Testing Market is set to surpass US$ 40 billion by the year end of 2026 and growing at a CAGR of 10 % from 2019-2026. Several players, including Laboratory Corporation of America, BioMONTR and American Esoteric Laboratories (AEL), OPKO Health, Nordic Laboratories, Miraca Holdings, ACM, Fulgent Genetics, Genomic health, Invitae, Mayo Medical … Continue reading "Esoteric Testing Market Will Touch US$ 40 Bn in 2026"

  • End-of-Line Packaging Market Hit $6.4 Bn in 2026

    The worldwide End-of-Line Packaging Market is set to surpass US$ 6.4 billion by the year end of 2026 and growing at a CAGR of 4 % from 2019-2026. Several players, including Combi Packaging Systems LLC, DS Smith plc, Bosch Packaging Technology Krones AG, Mach Inc., Optima Packaging Group GmbH, Gebo Cermex, IMA S.p.A., Festo Corporation, … Continue reading "End-of-Line Packaging Market Hit $6.4 Bn in 2026"

  • Global Craniomaxillofacial (CMF) Devices Market Worth $3.5 Bn by 2026

    The worldwide Craniomaxillofacial (CMF) Devices Market is set to surpass US$ 3.5 billion by the year end of 2026 and growing at a CAGR of 5.7 % from 2019-2026. Several players, including DePuy Synthes (J&J), Medtronic, Stryker and Zimmer-Biomet, companies, research institutes, contract manufacturing organizations, and non-profit organizations, are playing a critical role in the … Continue reading "Global Craniomaxillofacial (CMF) Devices Market Worth $3.5 Bn by 2026"

  • Real-time PCR (qPCR) and Digital PCR (dPCR) Industry Reach US$ 4.2 billion by 2026

    According to Acumen Research and Consulting, the global Real-time PCR (qPCR) & Digital PCR (dPCR) market is expected to grow at noteworthy CAGR around 8.1 % throughout the forecast period and reach around US$ 4.2 billion by 2026. The report analyzes and forecasts the Real-time PCR (qPCR) and Digital PCR (dPCR) market at global and regional … Continue reading "Real-time PCR (qPCR) and Digital PCR (dPCR) Industry Reach US$ 4.2 billion by 2026"

  • Sports Medicine Industry Reach US$ 13 billion by 2026

    The global sports medicine market value is expected to reach around US$ 13 billion by 2026 and growing at a CAGR of 7% throughout the forecast period 2019-2026. The report analyzes and forecasts the Sports Medicine market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) … Continue reading "Sports Medicine Industry Reach US$ 13 billion by 2026"

  • Meningococcal Vaccines Industry Value is Estimated to Hit USD 9.37 billion by 2026

    The global meningococcal vaccines market value is estimated to hit USD 9.37 billion by 2026 and expected to grow at a CAGR of 12.3% over period 2019 to 2026. The report analyzes and forecasts the Meningococcal Vaccines market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ … Continue reading "Meningococcal Vaccines Industry Value is Estimated to Hit USD 9.37 billion by 2026"

  • Transcatheter Heart Valve Replacement Systems Industry Reach US$ 11 billion by 2019-2026

    According to Acumen Research and Consulting, the global transcatheter heart valve replacement market size is expected to reach around US$ 11 billion by 2026 with 12.9 % of CAGR throughout the forecast period 2019-2026. The report analyzes and forecasts the Transcatheter Heart Valve Replacement Systems market at global and regional levels. The market has been forecast … Continue reading "Transcatheter Heart Valve Replacement Systems Industry Reach US$ 11 billion by 2019-2026"

  • Coronary Stents Industry Size is Expected US$ 16.88 billion by 2025

    The global coronary stents market size is expected to worth around US$ 16.88 billion by 2025, and market is registering growth at 7% from 2018 to 2025. The report analyzes and forecasts the Coronary Stents market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from … Continue reading "Coronary Stents Industry Size is Expected US$ 16.88 billion by 2025"

  • Biosensors Industry Reach around US$ 32 billion by 2019-2026

    According to Acumen Research and Consulting, the global biosensors market is expected to grow at noteworthy CAGR around 7.8 % throughout the forecast period and reach around US$ 32 billion by 2026. The report analyzes and forecasts the Biosensors market at global and regional levels. The market has been forecast based on volume (Tons) and value … Continue reading "Biosensors Industry Reach around US$ 32 billion by 2019-2026"

  • Real-time PCR (qPCR) and Digital PCR (dPCR) Industry Reach US$ 4.2 billion by 2026

    According to Acumen Research and Consulting, the global Real-time PCR (qPCR) & Digital PCR (dPCR) market is expected to grow at noteworthy CAGR around 8.1 % throughout the forecast period and reach around US$ 4.2 billion by 2026. The report analyzes and forecasts the Real-time PCR (qPCR) and Digital PCR (dPCR) market at global and regional … Continue reading "Real-time PCR (qPCR) and Digital PCR (dPCR) Industry Reach US$ 4.2 billion by 2026"

Recent Posts