Global Therapeutic Drug Monitoring (TDM) Market Size, Share, Opportunities, And Trends By Methodology (Spectrophotometry and Fluorimetry, Chromatography, Radio Immuno Assay, Enzyme Immuno Assay, Fluorescence Polarization Immunoassay), By Drug Categories (Cardio Active, Antibiotics, Antidepressants, Antiepileptic, Bronchodilators, Immunosuppressive, Others), By End Users (Hospitals and Clinics, Diagnostic Centres, Research Institutes), And By Geography - Forecasts From 2025 To 2030

  • Published : Dec 2024
  • Report Code : KSI061611700
  • Pages : 145
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Global Therapeutic Drug Monitoring Market is projected to grow at a CAGR of 4.75% between 2025 to 2030.

Therapeutic Drug Monitoring is a device that monitors the drug concentration in the bloodstream and helps the physician, nurse, doctors, medical laboratory scientists, and others to recommend future courses of action, including drug injection.

Therapeutic Drug Monitors fall under the study of clinical chemistry and clinical pharmacology and the prime aim of the market is to diagnose the patient’s bloodstream drug concentration to ensure it within a therapeutical range for better health. The prime factor driving the growth of the market is growing health issues along with a hectic life. With the facing pacing life accompanied with huge competition in almost every area, people are neglecting both, their physical and mental health due to which they are easily trapped with diseases such as Cardio-related problems and depression. However, the expensiveness of the drugs, along with the safety and saturation of needles may constrain the market.

Antidepressant Therapeutic Drug Monitors are anticipated to grow at an exponential rate during the forecasted period.  

Based on drug categories, the therapeutic drug market is segmented into cardioactive drugs, antibiotics, antidepressants, antiepileptic drugs, immunosuppressive, bronchodilators, and others. The market for antidepressant therapeutic drug monitoring is estimated to grow at an exponential rate owing to the growing recognition of depression as a mental disease along with growing depression cases. Moreover, the development of clinical and psychological treatment accompanied by the consumption of therapeutic drugs for the treatment is anticipated to boost the market. As per statistics provided by the World Health Organization, globally, around 264 million people suffer from depression, irrespective of the age group, and close to 80,000 people die due to depression suicide, especially in the age group of 15 to 29 years. Furthermore, 75% and 86% of depression patients do not receive any treatment in the low and middle-income countries, respectively. Along with this, 79% of global depression suicide occur in these two regions.

However, the governments in these countries are adopting various plans and programs to deal with depression. The government of India, for instance, had launched an anti-depressing suicide-prevention helpline number, where a person can call and take necessary advice for treatment. Various non-government organizations as well are coming up in the region, for their treatment of depression. Their course of treatment includes psychology sessions, consumption of required anti-depressants, self-care session, positivity session, and others.

High monitoring costs, along with others, may constrain the market, especially in low and middle-income countries.

Therapeutic drug monitors generally have a higher cost, which might not be affordable for individuals. Moreover, significant private testing through institutions also constrains the patients, with weak financials, to get diagnosed and treated. High cost and weak finances along with unawareness play may play a considerable role in the underdevelopment of the market in low and middle-income countries. Also, another caution for the market is the saturation of injection needles and other devices. To monitor therapeutic drugs in the bloodstream, physicians, nurses, or others take out blood using a needle. An unsaturated needle may expose the body to other bacteria or viruses, that may infect the body. Also, needle injection may leave burse, which though disappears within a day or two. However, continues testing and bruising may impact the body.  Of all, therapeutic drug addition severely hinders the market. drug addiction, such as antidepressants drug addition may make the patient highly dependent on them, reducing the capability of body and mind to deal with the problem independently.

The North American region holds a significant market during the forecasted period.

Based on geography, the market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The North American region is anticipated to hold a dominating share in the market, during the forecasted period. Awareness regarding treatment and recognition of disease along with the state-of-the-art infrastructure in the region is expected to drive the market for therapeutic drug monitors. The Asia Pacific region is also predicted to grow at a significant rate, owing to rising disposable income along with growing awareness. Governments in the region are implementing various plans to curb diseases/illnesses for better health and productivity.

Covid pandemic and Therapeutic Drug Monitoring industry.

The coronavirus pandemic had a positive impact on the Therapeutic Drug Monitoring industry. The pandemic increased health consciousness among people, for both, physical and mental wellness. Moreover, therapeutic drug monitors and their consumption surged to avoid hospital visits. Online health consultation and medicine/ drug delivery also supported the market growth.

Segmentation:

  • By Methodology
    • Spectrophotometry and Fluorimetry
    • Chromatography
    • Radio Immuno Assay (RAI)
    • Enzyme Immuno Assay
    • Fluorescence Polarization Immunoassay (FPIA)
  • By Drug Categories
    • Cardio active drugs
    • Antibiotics
    • Antidepressants
    • Antiepileptic Drugs
    • Bronchodilators
    • Immunosuppressive
    • others
  • By End-User Industry
    • Hospital and Clinics
    • Diagnostics Centers
    • Research Institutes
  • By Geography
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • Spain
      • United Kingdom
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • South Africa
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Others

1. Introduction
1.1. Market Definition
1.2. Market Segmentation


2. Research Methodology
2.1. Research Data
2.2. Assumptions


3. Executive Summary
3.1. Research Highlights


4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis


5. Therapeutic Drug Monitoring Market, by Methodology
5.1. Introduction
5.2. Spectrophotometry and Fluorimetry
5.3. Chromatography
5.4. Radio Immuno Assay (RAI)
5.5. Enzyme Immuno Assay
5.6. Fluorescence Polarization Immunoassay (FPIA)


6. Therapeutic Drug Monitoring Market, by Drug Categories
6.1. Introduction
6.2. Cardio active drugs
6.3. Antibiotics
6.4. Antidepressants
6.5. Antiepileptic Drugs
6.6. Bronchodilators
6.7. Immunosuppressive
6.8. Others


7.  Therapeutic Drug Monitoring Market, by End-User Industry
7.1. Introduction
7.2. Hospital and Clinics
7.3. Diagnostics Centers
7.4. Research Institutes


8. Therapeutic Drug Monitoring Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. North America Therapeutic Drug Monitoring Market Analysis, By Methodology Type
8.2.2. North America Therapeutic Drug Monitoring Market Analysis, By Drug Category
8.2.3. North America Therapeutic Drug Monitoring Market Analysis, By End-User Industry
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.2.4.4. Others
8.3. South America
8.3.1. South America Therapeutic Drug Monitoring Market Analysis, By Methodology Type
8.3.2. South America Therapeutic Drug Monitoring Market Analysis, By Drug Category
8.3.3. South America Therapeutic Drug Monitoring Market Analysis, By End-User Industry
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. Europe Therapeutic Drug Monitoring Market Analysis, By Methodology Type
8.4.2. Europe Therapeutic Drug Monitoring Market Analysis, By Drug Category
8.4.3. Europe Therapeutic Drug Monitoring Market Analysis, By End-User Industry
8.4.4. By Country
8.4.4.1. Germany
8.4.4.2. France
8.4.4.3. United Kingdom 
8.4.4.4. Others
8.5. Middle East and Africa
8.5.1. Middle East and Africa Therapeutic Drug Monitoring Market Analysis, By Methodology Type
8.5.2. Middle East and Africa Therapeutic Drug Monitoring Market Analysis, By Drug Category
8.5.3. Middle East and Africa Therapeutic Drug Monitoring Market Analysis, By End-User Industry
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. South Africa
8.5.4.3. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Therapeutic Drug Monitoring Market Analysis, By Methodology Type
8.6.2. Asia Pacific Therapeutic Drug Monitoring Market Analysis, By Drug Category
8.6.3. Asia Pacific Therapeutic Drug Monitoring Market Analysis, By End-User Industry
8.6.4. By Country
8.6.4.1. China
8.6.4.2. Japan
8.6.4.3. India
8.6.4.4. South Korea
8.6.4.5. Others


9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrative
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix


10. Company Profiles
10.1. Abbott
10.2. Thermo Fisher Scientific
10.3. Alpco
10.4. Randox Laboratories Ltd.
10.5. Beckman Coulter Inc.
10.6. Roche Diagnostics
10.7. Pharmaceutical Products Development LLC
10.8. Chromsystems Instruments & Chemicals GmbH
10.9. Bio-Rad Laboratories Inc. 

Abbott
Thermo Fisher Scientific
Alpco
Randox Laboratories Ltd.
Beckman Coulter Inc.
Roche Diagnostics
Pharmaceutical Products Development LLC
Chromsystems Instruments & Chemicals GmbH
Bio-Rad Laboratories Inc.