Heavy Metal Examination Market Revenue, Regional & Country Share, Key Factors, Trends & Analysis, To 2028

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global heavy metal examination market was valued at USD 2,976.0 Million in 2020 and is projected to grow at a CAGR of 6.9%

 

The major driving factors in heavy metal examination market are active involvement of government and regulatory bodies to monitor heavy metal levels in food water and rising geriatric population and resultant growth in the need for cellular health screening

According to the current analysis of Reports and Data, The global heavy metal examination market was valued at USD 2,976.0 Million in 2020 and is projected to grow at a CAGR of 6.9% from 2020 to reach 5,109.0 Million by the year 2028. Heavy metal examination is a group of tests that are required to quantify the level of potentially harmful heavy metals such as lead, mercury, cadmium, chromium, and arsenic is present in food items. Heavy metal examination is an essential step in food safety and security. The presence of heavy metal can lead to detrimental metal poisoning, which can lead to serious health problems. As we know, the primary intake sources of heavy metals are fruits, vegetables, nuts, cereals, fish, and seafood. In the case of lead, drinking water is a key participant in the accumulation of heavy metal into our body. Since the toxicological impacts of heavy metals on infants and elderly people are considered unfavorable, the demand for heavy metal examination is growing significantly over the estimated period. Regulatory bodies across the globe have set threshold limits for heavy metal in different food groups such as seafood, vegetables, fruits, cereals, meat, fish, fats and oils, milk, baby food, and infant formulae. Hence heavy metal examination has become an essential step for food security.

The market is driven by diverse factors such as growing incidences of heavy metal contamination in meat associated products due to contaminated animal feed, an active involvement of government regulatory bodies who monitor heavy metal levels in food beverages, and drastic globalization of food trade. The need for heavy metal examination in applications like animal feed and the launch of unique cost-effective rapid technologies for faster and reliable test results provides new growth opportunities for market players.

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The global pharma healthcare market revenue growth majorly driven by factors such as increasing prevalence of chronic and acute illnesses around the world, substantially growing patient pool, rise in demand for personalized medicine, increasing pharmaceutical and biotechnological research development projects, and rapid incorporation of emerging technologies such as artificial intelligence (AI), Internet of Things (IoT), big data analytics, robotics, and blockchain in healthcare. Rising cases of COVID-19 worldwide, surge in demand for advanced healthcare services during the COVID-19 pandemic, growing trends of telehealth and telemedicine, rising demand for advanced point-of-care diagnostics, and increasing government and private funding for development of COVID-19 vaccines are other key factors driving market revenue growth. Furthermore, increasing investments in new drug discovery development and rising government focus on reinforcing the healthcare supply chain to meet growing medical needs are factors boosting revenue growth of this market.

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Table of Contents (ToC) – Global Heavy Metal Examination Market

Chapter 1. Methodology Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

       1.4.1. Primary Sources

       1.4.2. Secondary Sources

       1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Global Pharma Healthcare Market Segmentation 

4.1. Global Pharma Healthcare Market COVID-19 Impact Analysis

4.2. Industrial Outlook

       4.2.1. Market indicators analysis

       4.2.2. Market drivers’ analysis

       4.2.3. Market restraints analysis

 4.3. Technological Insights

 4.4. Porter’s Five Forces Analysis

 4.5. Regulatory Framework

 4.6. Price trend Analysis

 4.7. Competitive Metric Space Analysis

Key Regional Markets Covered in the Report:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

Top Companies Profiled in the Report:

 

SGS, Intertek, Eurofins, TUV SUD, ALS Limited, Mérieux Nutrisciences, LGC Group, Asurequality, Microbac Laboratories, EMSL Analytical, IFP Institut Für Produktqualität, and Omic USA

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