Therapeutic Drug Monitoring Market
                     Therapeutic Drug Monitoring 
Market
Global Forecast to 2027
Therapeutic Drug Monitoring  
Market is expected to reach 
USD 2.9 billion by 2027 
 Growing at a 
CAGR of  9.6% (2022 – 2027)
THERAPEUTIC DRUG MONITORING MARKET 
MARKET 
CAGR of OPPORTUNITY OVER KEY MARKET PLAYERS BY PRODUCT 
2022 – 2027 NEXT 4 YEA2.R9 SBn

CAGR Abbott (US)1.8 Bn  ConsumablesThermo Fisher Scientific (US)

 Equipment-F. Hoffmann-La Roche Ltd. 
Immunoassay 
(Switzerland)
Analyzers
 Siemens Healthineers AG (Germany)

2022 2026 Chromatography &  Danaher Corporation (US) MS Detectors
 Bio-Rad Laboratories (US)  Clinical Chemistry 
Analyzers
BY REGION
BY CLASS
• North America
• Europe  Antiepileptic Drugs
• Asia Pacific  Antibiotic Drugs
• Rest of the World  Immunosuppressant 
Drugs
 Antiarrhythmic Drugs
 Bronchodilator Drugs
 Psychoactive Drugs
According to the new market research report "Therapeutic Drug Monitoring Market by Product 
(Consumables, Equipment-Immunoassay Analyzers, Chromatography & MS Detectors, Clinical 
Chemistry Analyzers), Technology, Class of drugs, End user and Region - Global Forecast to 2026", 
published by MarketsandMarkets™, the global 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.
Browse in-depth TOC on "Therapeutic Drug Monitoring Market"
318 – Tables
42 – Figures
298 – Pages
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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.
Consumables in the product segment to witness the highest growth during the forecast period.
Based on the product, the Therapeutic Drug Monitoring market is segmented into Consumables, 
Equipment-Immunoassay Analyzers, Chromatography & MS Detectors, Clinical Chemistry Analyzers. The 
Consumables segment is projected to grow at the highest CAGR during the forecast period. The major 
factors contributing to the growth of this market are the requirement of repeat purchase of kits and 
reagents, coupled with the increasing number of immunoassay tests being performed across the globe.
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North America dominates the global Therapeutic Drug Monitoring industry
North America accounted for the largest share of the market. The large share of North America can be 
attributed to increasing per capita healthcare expenditure and the presence of technologically advanced 
healthcare infrastructure.
The major players in the Therapeutic Drug Monitoring market are Abbott (US), Thermo Fisher Scientific 
(US), F. Hoffmann-La Roche Ltd. (Switzerland), Siemens Healthineers AG (Germany), Danaher Corporation 
(US), Bio-Rad Laboratories (US), bioMérieux SA (France), Theradiag SA (France), Grifols S.A. (Spain), 
Exagen Inc. (US), R-Biopharm AG (Germany), ApDia Group (Belgium), UTAK (US), Randox Laboratories Ltd. 
(Ireland), ARK Diagnostics, Inc. (US).
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