Comprehensive Metabolic Panel Testing Market Size

Report ID: GMI7156
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Published Date: October 2023
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Report Format: PDF

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Comprehensive Metabolic Panel Testing Market Size

Comprehensive Metabolic Panel Testing Market size was valued at USD 12.8 billion in 2022 and is estimated to account for USD 29.5 billion by 2032. Comprehensive metabolic panel (CMP) testing is a blood test that provides essential information about the body's chemical balance and metabolism.

 

Comprehensive Metabolic Panel Testing Market

The industry is being driven by the growing elderly population base as they are more susceptible to diabetes and cardiovascular ailments. For instance, the WHO estimates that by 2030, there will be 1.4 billion people worldwide that are over 60 years. Thus, surge in geriatric population base coupled with rising chronic diseases is estimated to augment market progress.

 

Additionally, one of the diseases with the largest global growth rates is diabetes, which increases the patient population for point-of-care (PoC) comprehensive metabolic panel testing. Over the projection period, it is predicted that the prevalence of cardiovascular, diabetes, and other target illnesses would increase, driving up demand for comprehensive metabolic panel testing. Nearly 17.9 million people die each year as a result of cardiovascular illnesses (CVDs).

 

Authors: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :
Which companies define the competitive landscape of comprehensive metabolic panel testing sector?
Abbott Laboratories, Quest Diagnostics, Laboratory Corporation of America Holdings Limited, Sonic Healthcare, Unipath, SYNLAB International GmbH, ARUP Laboratories, Genoptix Inc., and Nova Medical among others.
How big is the U.S. comprehensive metabolic panel testing industry?
Why is glucose testing segment gaining traction in comprehensive metabolic panel testing industry?
What is the size of Comprehensive Metabolic Panel Testing Market?
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    Base Year: 2022

    Companies covered: 14

    Tables & Figures: 401

    Countries covered: 21

    Pages: 256

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