| Title | Exploring the Latest Technological Advancements in Therapeutic Drug Monitoring |
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| URL | https://www.prnewswire.com/news-releases/therapeutic-drug-monitoring-market-worth-2-9-billion-by-2027---exclusive-report-by-marketsandmarkets-301736128.htm |
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| Category | Fitness Health --> Medicine |
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| Meta Keywords | Therapeutic Drug Monitoring Market |
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| Meta Description | Therapeutic Drug Monitoring Market, Therapeutic Drug Monitoring Market Growth, Therapeutic Drug Monitoring Market Outlook |
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| Owner | Healthcare101 |
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| Description |
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| The global therapeutic drug monitoring market in terms of revenue was estimated to be worth $1.8 billion in 2022 and is poised to reach $2.9 billion by 2027, growing at a CAGR of 9.6% from 2022 to 2027. The growth of this market is primarily driven by an amplifying focus on research experimentation associated with therapeutic drug monitoring and an increase in severe diseases. However, the requirement for massive capital investments and the hesitancy of compact hospitals to offer therapeutic drug monitoring services may restrain the growth of this market. |
