The global immunosuppressant drug monitoring market is witnessing significant growth during the forecast period 2021-2027. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
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Immunosuppressant drug monitoring technique is significant to monitor immunosuppressant drug levels in patient for preventing the organ rejection. This drug monitoring technique maintains the sufficient drug intake in body fluids to treat patient by making adjustments in individual drug dosage to obtain best outcomes. These drugs are also called as anti-rejection drugs can inhibit the immune system activity, which are generally utilized in organ transplantations and auto immune disorders including rheumatoid arthritis, chron’s disease and sclerosis.
There are some factors that are anticipated to drive the immunosuppressant drug monitoring market growth such as increase in occurrence of auto immune illnesses and huge developments in organ transplantation procedures. In addition, increase in awareness about organ transplantations and healthcare amid people and approving reimbursement policies are also anticipated to impel immunosuppressant drug monitoring market. But, availability of substitute therapies such as stem cell therapy and stringent regulatory frameworks are anticipated to restrain the immunosuppressant drug monitoring market growth. Increasing cases of autoimmune disorders and organ transplantations is one of the significant factors contributes greatly in driving the market growth.
North America is dominating the market by witnessing largest share in the market owing to the factors such as growing research and development investments and increasing cases of autoimmune disorders. Nearly 50 Mn people went through autoimmune illnesses in U.S in the year 2016 according to American Autoimmune Related Disease Association. Market in Europe region is witnessing huge growth in the market as this region comes on second largest position due to the factors such as development of novel products, favorable regulatory conditions and growing demand for organ transplantation. Nearly 31,165 organ transplantation conditions were recorded in EU-28 in the year 2013 according to European Commission. Significant factors such as launching of novel products, low cost involved in procedures and increasing expansion of business by market players.
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A few of the major players operating in the global immunosuppressant drug monitoring market are Thermo Fisher Scientific (U.S.), Hoffmann-La Roche AG (Switzerland), Bio-Rad Laboratories Inc. (U.S.), Abbott Laboratories (U.S.), Siemens Healthcare (Germany) and Danaher Corporation (U.S.).
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