Therapeutic Drug Monitoring Market – Roche Diagnostics, Siemens Healthcare GmbHA Chapter by Markets InsightsThe global therapeutic drug monitoring market is expected to reach over USD 3.37 billion by 2024, according to a new report by Grand View Research, Inc.The global Therapeutic Drug Monitoring Market is expected to
reach over USD 3.37 billion by 2024, according to a new report by Grand View
Research, Inc. Recent technological advancements in the Point-of-Care (PoC)
devices hold considerable transformative promises for the personalized
predictive and preventive medicine. Therapeutic Drug Monitoring (TDM) forms a
foundational part to the devising of personalized treatment plans for patients;
and the advent of PoC diagnostic devices that yield quantitative measurements
of the drug concentration plays a pivotal role in supporting the development of
the precision medicine field in the healthcare sector. However, the broad
application of the PoC devices for patient monitoring is still lagging behind.
The presence of this untapped opportunity is one of the high impact rendering
drivers for the market growth. The employment of continuous therapeutic drug and
metabolite monitoring in the early phase of the medication regimen,
administered post-organ transplantation, forms a major application in the areas
of critical care medicine and organ transplantation, which is expected to
propel the growth of the therapeutic drug monitoring market over the forecast
period. In addition, the imposing burden of diseases, such as epilepsy and
cancer, the rising government initiatives, and the presence of high-unmet needs
are some of the crucial determinants expected to further favor the emergence of
this market. Browse
Details of Report @ Further key findings from the study suggest:
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Added on September 27, 2019 Last Updated on September 27, 2019 Tags: Therapeutic Drug Monitoring Mark AuthorMarkets InsightsFelton, CAAboutAbout Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer c.. more..Writing
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