APAC Market Forecast
Asia Pacific industry is poised to hold largest revenue share of 40% by 2037. Diabetes is a leading metabolic disorder in the region, necessitating regular monitoring of blood glucose levels and other metabolic markers. CMP testing plays a pivotal role in diagnosing and managing diabetes and addressing the region's healthcare challenges.
Urbanization in the Asia Pacific region is accompanied by lifestyle changes, including sedentary habits and altered dietary patterns. These factors contribute to the rising prevalence of metabolic disorders. The Asia Pacific region is experiencing a steady increase in healthcare spending.
According to a report, healthcare spending in the region is expected to reach USD 2.4 trillion by 2030. Increased healthcare spending reflects a growing commitment to improving healthcare infrastructure and services. This investment supports the adoption of advanced diagnostic technologies, contributing to market growth.
North American Market Statistics
The comprehensive metabolic panel testing market in the North American region is projected to hold the second-largest share over the projected timeframe. The growing emphasis on preventive healthcare in North America is driving the demand for routine health assessments, including CMP testing. Preventive measures aim to detect health issues early and manage them proactively.
Preventive healthcare initiatives, supported by organizations like the U.S. Preventive Services Task Force, underscore the importance of regular health check-ups. CMP testing, offering a comprehensive metabolic profile, aligns with this preventive approach, contributing to its increasing adoption. Diabetes is a significant driver for CMP testing demand in North America.
The region has witnessed a substantial increase in diabetes prevalence over the years. The prevalence of chronic diseases in North America is a major driver for the comprehensive metabolic panel testing market. Chronic conditions such as diabetes, cardiovascular diseases, and kidney disorders are on the rise.
Author Credits: Radhika Pawar
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