| Title | Therapeutic Drug Monitoring Market to Grow at a CAGR of 9.4% by 2026 |
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| URL | https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=155350443 |
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| Category | Fitness Health --> Health Articles |
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| Meta Keywords | Therapeutic Drug Monitoring Market |
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| Meta Description | Therapeutic Drug Monitoring Industry Growth, Therapeutic Drug Monitoring Market Trends |
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| Owner | Healthcare101 |
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| Description |
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| The Global Therapeutic Drug Monitoring Market is projected to reach USD 2.7 billion by 2026 from USD 1.6 billion in 2020, at a CAGR of 9.4% during the forecast period. The growth of this market is majorly driven by the rising number of organ transplant procedures, the use of TDM across various therapeutic fields, the increasing preference for precision medicine, a growing focus on R&D related to TDM, and technological advancements in immunoassay instruments. However, the need for high capital investments and the reluctance of small hospitals to offer TDM services may restrain the growth of this market. |
