Therapeutic Drug Monitoring Market Soaring at a CAGR of 7.4% to 2020 Driven by Rising R&D Investments

The market research report for therapeutic drug monitoring market is broadly segmented by product, technology, class of drug, end user, and region with comprehensive information on galley equipment offered by the top players in the global.

The therapeutic drug monitoring market is projected to reach USD 2.55 billion by 2020 from USD 1.78 billion in 2015, growing at a CAGR of 7.4% during the forecast period (2015–2020).

Complete report on therapeutic drug monitoring market spread across 142 pages, profiling 10 companies and supported with 80 tables and 55 figures is now available at .

North America is expected to account for more than half the therapeutic drug monitoring market share in 2015. It is the prime market for therapeutic drug monitoring due to the high awareness and acceptance of the benefits of therapeutic drug monitoring and growing healthcare expenditure. Europe on the other hand is growing at a slower rate as the healthcare sector is recovering from the economic downturn and healthcare facilities are trying to minimize healthcare delivery costs. Growth in the APAC therapeutic drug monitoring market is comparatively slower due to the dearth of skilled healthcare personnel who can perform therapeutic drug monitoring tests with minimal errors.

From an insight perspective, this research report focuses on the qualitative data, future market size, share, and market potential of various segments and sub segments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and challenges) and technological trends in therapeutic drug monitoring. It mainly focuses on the emerging and high-growth segments of the therapeutic drug monitoring market and government initiatives across regions.

The competitive landscape covers the various strategies adopted by industry players to maintain their position in the therapeutic drug monitoring market. The company profiles comprise the basic views on the key players in the therapeutic drug monitoring market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares.

Major players in the therapeutic drug monitoring market include F. Hoffmann-La Roche AG (Switzerland), Siemens Healthcare (Germany), Thermo Fisher Scientific (U.S.), Bio-Rad Laboratories Inc. (U.S.), and Danaher Corporation (U.S.). Ask for the discount before order a copy of Therapeutic Drug Monitoring Market by Product (Consumables, Equipment), Technology (Immunoassays, Proteomic Technologies), Class of Drug (Antiepileptics, Antibiotics, Immunosuppressants), End User (Hospital Labs, Private Labs) - Global Forecast to 2020 research report at .

This research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth market segments; high-growth regions; and market drivers, restraints, and opportunities.

On a related note, another research on Radiation Monitoring and Safety Market Analysis & Global Forecast to 2020 says, the radiation monitoring and safety market is projected to reach USD 652.8 million by 2020 from USD 512.1 million in 2015, at a CAGR of 5.0% in the next five years (2015 to 2020). The photomultiplier tubes segment is expected to account for the largest share of the radiation monitoring and safety market, by product. Companies like Hamamatsu Photonics K.K. (Japan), SensL Technologies (Ireland), KETEK GmbH (Germany), AdvanSiD (Italy), Excelitas Technologies Corporation (U.S.), First Sensor AG (Germany), Hainan Zhanchuang Photonics Technology Co., Ltd. (China), Ludlum Measurements, Inc. (U.S.), Philips Healthcare (Netherlands), and Radiation Monitoring Devices, Inc. (RMD) (U.S.) have been profiled in this 157 pages research report at healthcare-biotechnology-homeland-security-automotive-academic-research-st-to-2020-market-report.html .

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