Metabolic Panel Testing Market

Metabolic Panel Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Metabolic panel is a group of blood tests that provide information about the body's metabolism. The two types of metabolic panels are comprehensive metabolic panel and basic metabolic panel.
A basic metabolic panel is a blood test that measures blood sugar, electrolyte, and fluid balance, and kidney function. A comprehensive panel can measure these parameters as well as liver function.
It is a primary test and results indicate liver diseases, kidney failure, or diabetes. Metabolic panel tests are part of regular health examination and measure albumin, glucose, blood urea nitrogen, creatinine, calcium, carbon dioxide, chloride, potassium, sodium, total bilirubin, total protein, alanine aminotransferase, alkaline phosphatase, and aspartate aminotransferase.
The panel is generally suggested as part of a routine health examination

Rise in prevalence of chronic diseases such as kidney diseases, diabetes, and liver diseases and increase in the geriatric population are projected to drive the global metabolic panel testing market during the forecast period
According to the World Health Organization (WHO), globally, around 422 million people have diabetes, with most of them living in low- and middle-income countries. Moreover, 1.5 million deaths are directly attributed to diabetes each year. The number of cases and prevalence of diabetes have been steadily rising in the last few decades.
Changing lifestyle habits, such as smoking and changing food habits, have contributed toward obesity, stress, and other conditions, which could lead to rise in chronic diseases. This in turn is anticipated to drive the global metabolic panel testing market.
Metabolic panel testing requires qualified and well-trained personnel for proper handling of the procedure. If the personnel is unskilled, then it can lead to injuries. This, in turn, is anticipated to restrain the global market. Moreover, metabolic panel testing creates false results in some cases, which is expected to hamper market growth.

In terms of region, the global metabolic panel testing market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific is likely to dominate the global metabolic panel market during the forecast period due to increase in geriatric population which is more prone to chronic diseases, rise in prevalence of diabetes in emerging economies, surge in awareness about early diagnosis of diseases, and improving health care infrastructure.
According to data published by the United Nations Population Fund (UNFPA), one in four people in Asia Pacific will be over 60 years old by 2050. The population aged over 60 in the region will triple between 2010 and 2050, to reach around 1.3 billion.
The market in Europe is projected to witness significant growth in the next few years because of rise in public awareness about metabolic panel tests, increase in awareness about kidney diseases, and surge in geriatric population.

Major players operating in the global metabolic panel testing market are:

Global Metabolic Panel Testing Market, by Disease

Global Metabolic Panel Testing Market, by Test Type

Global Metabolic Panel Testing Market, by End-user

Global Metabolic Panel Testing Market, by Region

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa

N/A

Get insights that lead to new growth opportunities

I'm Available

We offer 100% Free Customization at the time of purchase

An adaptive Approach to Modern Day Research needs