1. What is the projected Compound Annual Growth Rate (CAGR) of the C-reactive Protein Testing Market?
The projected CAGR is approximately 3.9%.
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C-reactive Protein Testing Market by Product (Instruments, Kits and reagents), by Assay Type (Chemiluminescence immunoassay (CLIA), Enzyme-linked immunosorbent assay (ELISA), Immunoturbidimetric assay, Other assay types), by Detection Range (High-sensitivity CRP (Hs-CRP), Standard CRP), by Application (Cardiovascular diseases, Infectious diseases, Chronic inflammatory diseases, Other applications), by End-Use (Hospitals and clinics, Diagnostic laboratories, Other end-users), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by Middle East and Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East and Africa) Forecast 2025-2033
The size of the C-reactive Protein Testing Market was valued at USD 3.2 Billion in 2024 and is projected to reach USD 4.18 Billion by 2033, with an expected CAGR of 3.9% during the forecast period. The market for C-Reactive Protein (CRP) testing is centered on diagnostic examinations that assess CRP levels, which serve as a biomarker for bodily inflammation. CRP testing is frequently employed in clinical environments to evaluate inflammation related to diverse conditions, such as infections, autoimmune disorders, cardiovascular issues, and other inflammatory ailments. The market features various testing techniques, including high-sensitivity CRP (hs-CRP) assays for evaluating cardiovascular event risk and standard CRP tests for overall inflammation assessment. The rising occurrence of chronic illnesses, heightened awareness of inflammation's impact on disease advancement, and improvements in testing technologies are propelling the market's expansion. Moreover, the increasing need for early diagnosis, customized treatment, and point-of-care testing solutions further drives market growth. With healthcare systems increasingly emphasizing early detection and preventive care, the CRP Testing Market is projected to experience substantial growth, fueled by advancements in testing methods and a rising global emphasis on managing chronic illnesses.
The market exhibits moderate concentration, with key players accounting for a significant share. Innovation is concentrated around developing high-sensitivity CRP tests, improving instrument efficiency, and integrating novel technologies. Regulatory approvals, product substitutes, and end-user preferences impact the market. Hospitals and clinics are the dominant end-users, while mergers and acquisitions remain a key growth strategy.
Advancements in microfluidics and biosensor technology have miniaturized CRP testing devices, enabling point-of-care testing and timely diagnosis. The emergence of high-sensitivity CRP tests allows for earlier detection and monitoring of disease progression. Additionally, the integration of AI and machine learning algorithms in CRP testing systems enhances diagnostic accuracy and efficiency.
The market consists of three main product categories:
The market size of the CRP Testing Market is expected to reach 5.0 Billion by 2029. The market share of key players is expected to shift as innovation and technological advancements continue to reshape the industry.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 3.9% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
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Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
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The projected CAGR is approximately 3.9%.
Key companies in the market include Abbott, Agilent technologies, Aidian, Boditech Med, Inc., Creative diagnostics, CTK Biotech, Danaher, DxGen Corp, F. Hoffmann-La Roche Ltd., Getein Biotech, Inc., Goldsite diagnostics, HORIBA, Ltd, Laboratory Corporation Of American Holding, LumiraDX, Merck KGaA, Optibio co., Ltd, Randox Laboratories Ltd., Siemens Healthineers AG.
The market segments include Product, Assay Type, Detection Range, Application, End-Use.
The market size is estimated to be USD 3.2 Billion as of 2022.
Increasing prevalence of chronic disorders such as inflammatory diseases. Surge in demand for CRP testing for diagnosis and management of chronic diseases. Advances in technology. Growing demand for direct-to-home testing services.
N/A
Lack of standardization.
In January 2022, LumiraDx announced that its C-reactive protein (CRP) Test achieved CE Marking. The LumiraDx CRP Test is a small, portable, fully automated, microfluidic immunoassay test used for the quantitative determination of C-reactive protein with results within four minutes. This approval improved the company’s product range and increased its reputation in the market.
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850, USD 5,350, and USD 8,350 respectively.
The market size is provided in terms of value, measured in Billion.
Yes, the market keyword associated with the report is "C-reactive Protein Testing Market," which aids in identifying and referencing the specific market segment covered.
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