Procalcitonin Market Scope
Procalcitonin is produced by parfollicular cells of thyroid and calcitonin is produced by the C‐cells of the thyroid medulla and neuroendocrine cells in the lungs and intestine in response to tissue injury. Also, it contains 116 amino acids. It is below the limit of detection of clinical assays in healthy individuals. According to CDC nearly half a million Americans suffered from Clostridium difficile infections in 2015. The procalcitonin test can be used to detect infections such as sepsis and Clostridium difficile.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Thermo Fisher (United States), Roche Diagnostics (Switzerland), BioMerieux (France), HyTest (Finland), BBI Solutions (Brazil), ProSpec (United Kingdom), CPN (Thailand), Kewpie (Japan), Shiseido (Japan) and Novozymes (Denmark) |
CAGR | 6.2% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Procalcitonin market throughout the predicted period.
Thermo Fisher (United States), Roche Diagnostics (Switzerland), BioMerieux (France), HyTest (Finland), BBI Solutions (Brazil), ProSpec (United Kingdom), CPN (Thailand), Kewpie (Japan), Shiseido (Japan) and Novozymes (Denmark) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Bloomage BioTechnology (China), Shandong Galaxy Bio-Tech (China), Shandong Focuschem Biotech Co., Ltd. (China), Shandong Topscience Biotech (China) and QuFu GuangLong Biochem (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Procalcitonin market by Type , by Application (Diagnose Sepis, Diagnose Kidney Infections and Monitor the Effectivenees of Antibiotics Therapy) and Region with country level break-up.
On the basis of geography, the market of Procalcitonin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In July 2021, DiaSys Diagnostics India Pvt. Ltd. launched a new reagent called Procalcitonin FS, which is a fluid-stable, particle-enhanced immunoturbidimetry assay. This product provides a convenient workflow on clinical chemistry analyzers.
Influencing Trend:
Technological Advancements are Being Done
Market Growth Drivers:
Rising Bacterial Infections and Diseases Among the People and Usage in Diagnosis of Various Infections Such as Kidney
Challenges:
Lack of Awareness of Procalcitonin and Low Degree of Specificity in Detection of Sepis as the Procalcitonin can be Raised by Other Viral Infections
Restraints:
High Costs Associated with the Procalcitonin Test and High Competition due to the Availability of Major Players
Opportunities:
Increasing Demand in Developing Countries
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations