Endocrine Testing Market is Estimated to Progress at a CAGR of 6.4% during the Forecast Period, notes TMR Study – GlobeNewswire
Posted: August 11, 2022 at 2:12 am
Wilmington, Delaware, United States, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The value of the global endocrine testing market stood at US$ 5.5 Bn in 2018. The global market study on endocrine testing expects the market to rise at a CAGR of 6.4% during the forecast period, from 2019 to 2027. The global market for endocrine testing is expected toexpand faster asmetabolic and endocrineproblems become more common. The marketis also anticipated to develop as diabetes prevalence rise across the globe.
Endocrine glands, which are a component of the endocrine system, produce hormones right into the bloodstream. Testing is done to check the levels of endocrine hormones in biological samples, including luteinizing hormone,follicle stimulating hormone, insulin,estradiol, and many others. These tests assist identify deviations in hormone secretion, such as hypersecretion or hyposecretion, which can lead to endocrine illnesses such asmenopause, infertility, thyroid dysfunction, and variousother conditions. Ongoing trends of the endocrine testing market
Endocrine testing has increased as a result of a number of illnesses, including various forms of diabetes and PCOS and it is also expected to present positive endocrine testing market outlook. For instance, a study reported in Current Diabetes Reports found a substantial increase in the incidence of PCOS and diabetes. Therefore, the rise in endocrine and metabolic diseases is a major driver that is predicted to fuel the expansion of the globalendocrine testing market in the years to come.
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Key Findings of Market Report
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Global Endocrine Testing Market: Key Players
Some of the key market players are
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Global Endocrine Testing Market: Segmentation
Test Type
Diagnostic Technologies
End User
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Endocrine Testing Market is Estimated to Progress at a CAGR of 6.4% during the Forecast Period, notes TMR Study - GlobeNewswire
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