14-Jan-2020

Phenytoin Testing Market to Witness Robust Expansion Throughout the Forecast Period 2019-2029

VALLEY COTTAGE, N.Y. – Phenytoin Testing is employed to determine concentration of Phenytoin in the patient blood samples. The sample screened from the patient offer a brief idea about the selection of the therapeutic level of drug and to plan treatment measures accordingly. The Phenytoin Testing is performed primarily in the hospital facilities specifically in surgical care units, intensive care units, to map the drug level in post-surgery and pre-surgical procedure. The test can be employed to determine the therapeutic efficacy of the phenytoin drug treatment.

The Phenytoin Testing offers primeval advantage in preventing renal failure and nervous damage. Thereby, offering new growth opportunities for the phenytoin testing market. The test service providers in the Phenytoin Testing market are highly focused on reducing the time required in obtaining results. The phenytoin testing market displayers a strong competition among its key competitors and are firmly working on test pricing to lure maximum patient pool and carve out considerable market share in the Phenytoin Testing market.

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Phenytoin Testing Market: Segmentation

Based on product type Phenytoin Testing market is further segmented into:

Laboratory tests
Test kits
Reagent
Accessories

Based on End User Phenytoin Testing market is further segmented into:

Hospitals
Pathology laboratories
Research Centers
Clinics

Preview Analysis of Phenytoin Testing Market – Global Industry Analysis 2014 – 2018 and Opportunity Assessment 2019 – 2029: https://www.futuremarketinsights.com/reports/phenytoin-testing-market

Phenytoin Testing Market: Drivers and Restraints

The prominent factor propelling the growth of Phenytoin Testing market is increasing in incidences of Phenytoin toxicity, reasoning to the increasing burden of epilepsy and post-surgical complication causing seizures. According to the data from statistics released by Agency for Healthcare Research and Quality (AHRQ) the prescription rate for phenytoin in 2016 totaled more than 2.75 Mn prescription in US alone. The increasing prescription rate is anticipated to propel the demand for phenytoin testing fuelled by efficacy testing and standard dose control measures. The development in Phenytoin specific reagents and advanced ELISA test are anticipated to drive the growth of the phenytoin testing market.

Subsequently, growing services penetration from key service provides is anticipated to fuel the growth of the Phenytoin Testing market. For instance, the growing services in Phenytoin Test from leading diagnostic company, ARUP Laboratories is targeting the product on rapid testing of phenytoin toxicity, which is expected to offer the service provider an edge in Phenytoin Testing market. However irregularity in test results and additional cost Burdon is anticipated to impede the growth of the Phenytoin Testing market.

Phenytoin Testing Market: Overview

The global Phenytoin Testing market is projected to exhibit significant growth reasoning to higher level of pathological significance of the test for healthcare professional and patient. Higher preferences for point of care testing and its turnaround time for result are among the major factors that are anticipated to propel the growth for Phenytoin Testing market. Specifically, preventive Phenytoin Testing for toxicity check is anticipated to show substantial growth rate.

The recent data released by world health organization (WHO) approximately more than 50 Mn people around the globe are affected with epilepsy, emerging as most prevalent neurological disorder globally. The higher consumption of phenytoin is directly related to increasing incidence of drug toxicity and safe drug dose management. Thus, anticipated to drive the demand for phenytoin testing. Additionally, initiatives by non-government organization to raise awareness for drug adherence and drug abuse testing in anticipated to propel the growth of the Phenytoin Testing market.

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Phenytoin Testing Market: Region-Wise Overview

The Global Phenytoin Testing market is segmented into the following regions – North America, Latin America, Europe, East Asia, South Asia, Oceania and the Middle East & Africa. North America is prominent regional market for Phenytoin Testing due to high prescription rate, wide range of pathological test availability and developed health care infrastructure in the region. In East Asia, China is prominent Phenytoin Testing market due to widespread adoption of Phenytoin Testing additionally higher incidence of epilepsy.

Latin America Phenytoin Testing market is anticipated to shoe sluggish growth rate owing to low adoption rate for Phenytoin toxicity testing. South Asia is anticipated to exhibit higher growth rate due to higher renal failure rate in epileptic patients around the region. Growth in Middle East and Africa is stagnant as slow growth in the healthcare standards in the region.

Phenytoin Testing Market: Key Participants

Examples of some of the key participants in the Phenytoin Testing market are Roche Molecular Systems Inc, Abbott Diagnostics, ARUP Laboratories, Quest Diagnostics, Lybrate Inc, denka seiken co. Ltd., and Portea Medical. Among others.

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Last Updated: 14-Jan-2020