Growing Demand for Glycated Albumin Tests in US Market Driven by Personalized Medicine

Monday, 11 March 2024, 16:30

The US market for glycated albumin tests is expected to grow at a rate of 8.7% annually, fueled by the increasing demand for tests to manage diabetes under personalized medicine approaches. The market growth is primarily attributed to the rising number of diabetic patients aged 65 years and above, coupled with government initiatives aimed at improving disease diagnosis. However, challenges such as unfavorable reimbursement scenarios pose significant constraints on the overall market expansion.
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Growing Demand for Glycated Albumin Tests in US Market Driven by Personalized Medicine

Glycated Albumin Assay Market Growth

The US market for glycated albumin tests is expected to experience an annual growth rate of 8.7%. Personalized medicine in the US has significantly contributed to the increasing demand for tests aimed at managing diabetes, resulting in a positive market outlook.

Key Factors Driving Market Growth

  • The rising number of diabetic patients aged 65 years and above.
  • Government initiatives focused on improving disease diagnosis.

Challenges in Market Expansion

  1. Unfavorable reimbursement scenarios.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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