Therapeutic Drug Monitoring Market | Booming Worldwide by 2031 At a CAGR of 8.5%

Therapeutic drug concentration is monitored through immunoassays, calorimetric immunoassays, and chromatography-mass spectrometry.

PORTLAND, OREGON, UNITED STATES, June 30, 2023/EINPresswire.com/ -- Therapeutic Drug Monitoring (TDM) is a practice that involves measuring drug concentrations in a patient's blood or other biological fluids to optimize drug therapy. The goal of TDM is to ensure that patients receive the appropriate dose of medication to achieve therapeutic benefits while minimizing the risk of adverse effects. The global Therapeutic Drug Monitoring Market Size was valued at $1,932.93 million in 2021 and is projected to reach $4,415.3 million by 2031, registering a CAGR of 8.5% from 2022 to 2031.

♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 -
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TDM is particularly important for drugs with a narrow therapeutic index, where small deviations in drug concentration can lead to either ineffective treatment or toxicity. By monitoring drug levels, healthcare professionals can make informed decisions regarding dosage adjustments, individualized treatment plans, and medication adherence.

Major market players covered in the report, such as -

F. Hoffmann-La Roche Ltd.,

Abbott Laboratories,

Biomerieux SA,

Thermo Fisher Scientific Inc.,

Siemens AG,

Chromsystems Instruments & Chemicals GmbH,

Bio-Rad Laboratories, Inc.,

Danaher Corporation,

SEKISUI CHEMICAL CO., LTD.,

Exagen Inc.

♦ 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 𝟐𝟎% 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 -
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Key Benefits for Stakeholders -

• The report provides quantitative analysis of market segments, current trends, strategies and potential of Therapeutic Drug Monitoring Market research to identify potential Therapeutic Drug Monitoring Market opportunities in genetics.
• In-depth analysis of this sector helps identify current market opportunities.
• Market analysis and information related to key drivers, restraints and opportunities are provided. • Porter's Five Forces Analysis identifies the capabilities of buyers and suppliers to enable stakeholders to make profitable business decisions and strengthen the network of buyers.
• The largest countries in each region are listed according to their contribution to the global market.
• Focusing on market players makes benchmarking easier and provides a clear understanding of the current market situation.
• The report includes regional and global Therapeutic Drug Monitoring Market analysis, key players, market segments, application areas and Market growth strategies.

The process of TDM typically involves collecting blood samples at specific intervals after drug administration, followed by laboratory analysis to determine the drug concentration. The results are then compared to established therapeutic ranges or reference values to guide dosage adjustments.

TDM is commonly employed in the management of medications such as antiepileptic drugs, immunosuppressants, antibiotics, and certain psychiatric medications. It is particularly useful in situations where drug metabolism and elimination vary widely among individuals, such as in pediatric patients, elderly individuals, or those with liver or kidney dysfunction.

♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 -
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✅ 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐈𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 -

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