Market Size of Global C-reactive Protein Testing Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 1.80 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
C-reactive Protein Testing Market Analysis
The C-reactive protein (CRP) testing market is projected to register a CAGR of 1.8% during the forecast period (2022-2027).
COVID-19 has had an unprecedented effect on the healthcare and diagnostic industry. For instance, according to the study published in Annals of Clinical Microbiology and Antimicrobials, titled "Plasma CRP level is positively associated with the severity of COVID-19" in May 2020, plasma CRP levels were found to be linked to the severity of COVID-19 pneumonia. The findings could help distinguish mild COVID-19 pneumonia patients from those with moderate to severe COVID-19 pneumonia. This could serve as an early warning sign of serious disease, allowing doctors to better stratify patients for transfer to an intensive care unit. The importance of CRP testing in the COVID-19 infection for the stratification of patients will lead to increased demand for CRP testing, thereby impacting the market growth during the pandemic.
The major factors propelling the growth of the C-reactive protein testing market include the rise in prevalence of inflammatory disorders, diabetes, and cancers; the increasing global incidence of endometriosis in women; the rise in funding for technological advancement in diagnostics; and the rise in adoption of point-of-care devices.
According to the data published by the Center for Disease Control and Prevention and updated in July 2022, there are about 20.1 million adults aged 20 and older in the United States who have coronary artery disease. It also reported that in the United States, every year, about 805,000 people have a heart attack. The rising prevalence of cardiovascular diseases will lead to increased adoption of CRP testing to identify the risk associated with cardiovascular disease, thereby driving the market growth.
Furthermore, the rise in product launches of point-of-care CRP tests is expected to contribute to the growth of the CRP testing market. For instance, in May 2020, ProciseDx filed a 510k for the Procise CRP test. The test is performed utilizing ProciseDx's FRET (Fluorescent Resonance Energy Transfer) Point of Care equipment, which is an inflammatory marker extensively used in gastrointestinal therapy.
Therefore, the rising prevalence of cardiovascular disease and rising product launches for point-of-care CRP testing, among others, are expected to drive the growth of this market over the forecast period. On the other hand, lack of public awareness and the availability of alternative treatments are the factors that are expected to hinder the market's growth.
C-reactive Protein Testing Industry Segmentation
As per the scope of the report, C-reactive protein (CRP) is one of the highly useful markers of inflammation in the body, which is produced by cells in the liver. C-reactive protein tests are blood tests that measure C-reactive protein levels. These proteins are produced by the liver, and their levels increase when there is inflammation in the body. These tests help to identify and keep track of diseases that cause inflammation, such as certain types of cancer, cardiovascular diseases, and arthritis, among others. The C-reactive protein testing market is segmented by Assay Type (Enzyme-linked Immunosorbent Assay (ELISA), Chemiluminescence Immunoassay (CLIA), Immunoturbidimetric Assay, and Other Assay Types), Application (Diabetes, Rheumatoid Arthritis, Cardiovascular Disease, Inflammatory Bowel Disease, Cancer and Other Applications) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
By Assay Type | |
Enzyme-linked Immunosorbent Assay (ELISA) | |
Chemiluminescence Immunoassay (CLIA) | |
Immunoturbidimetric Assay | |
Other Assay Types |
By Application | |
Diabetes | |
Rheumatoid Arthritis | |
Cardiovascular Disease | |
Inflammatory Bowel Disease | |
Cancer | |
Other Applications |
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Global C-reactive Protein Testing Market Size Summary
The C-reactive protein (CRP) testing market is experiencing growth driven by several key factors, including the increasing prevalence of inflammatory disorders, diabetes, and cancers. The market is also benefiting from the rising incidence of cardiovascular diseases, which necessitates the use of CRP testing to assess associated risks. The COVID-19 pandemic has further amplified the demand for CRP testing, as it has been linked to the severity of the disease, aiding in patient stratification. Technological advancements and the adoption of point-of-care devices are contributing to market expansion, with new product launches enhancing the availability and accessibility of CRP testing solutions.
North America holds a dominant position in the CRP testing market, supported by a well-established healthcare infrastructure, technological advancements, and a high prevalence of cardiovascular diseases. The region's market growth is further bolstered by strategic partnerships and collaborations among key players, which aim to expand product portfolios and enhance research and development efforts. The market is characterized by fragmentation and competitiveness, with major companies like Abbott Laboratories, Danaher Corporation, and Thermo Fisher Scientific Inc. actively participating. The ongoing introduction of innovative testing solutions, such as portable and automated CRP tests, is expected to sustain the market's growth trajectory in the coming years.
Global C-reactive Protein Testing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rise in Prevalence of Inflammatory Disorders
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1.2.2 Increasing Global Incidence of Endometriosis in Women
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1.2.3 Rise in Funding toward the Technological Advancement in Diagnostics
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1.2.4 Rise in the Adoption of Point-of-care Devices
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1.3 Market Restraints
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1.3.1 Lack of Public Awareness
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1.3.2 Availability of Alternative Treatments with Higher Accuracies
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Assay Type
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2.1.1 Enzyme-linked Immunosorbent Assay (ELISA)
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2.1.2 Chemiluminescence Immunoassay (CLIA)
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2.1.3 Immunoturbidimetric Assay
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2.1.4 Other Assay Types
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2.2 By Application
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2.2.1 Diabetes
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2.2.2 Rheumatoid Arthritis
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2.2.3 Cardiovascular Disease
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2.2.4 Inflammatory Bowel Disease
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2.2.5 Cancer
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2.2.6 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Global C-reactive Protein Testing Market Size FAQs
What is the current Global C-reactive Protein Testing Market size?
The Global C-reactive Protein Testing Market is projected to register a CAGR of 1.8% during the forecast period (2024-2029)
Who are the key players in Global C-reactive Protein Testing Market?
Beckman Coulter Inc. (Danaher Corporation), Laboratory Corporation of America Holdings, Abaxis Inc. (Zoetis), Abbott Laboratories and F. Hoffmann-La Roche AG are the major companies operating in the Global C-reactive Protein Testing Market.