QYResearch: The global procalcitonin chloride market is estimated to be worth 57.93 Million USD by 2

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Procalcitonin (PCT) is a 116 amino acid residue protein with a molecular weight of approximately 13kDa. Procalcitonin is a peptide hormone mainly produced by the C cells of the thyroid and certain endocrine cells of the lung. Under normal expression conditions, procalcitonin is immediately cleaved into three specific fragments, an N terminal residue, calcitonin and katacalcin.

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According to QYResearch, The global procalcitonin market had reached 126.4 g in 2016 and is expected to increase reach 209.2 g by 2023. In terms of revenue, the global procalcitonin chloride market was valued 45.50 Million USD in 2016, and is estimated to be worth 57.93 Million USD by 2022. Overall, the procalcitonin products performance is positive with the global economic recovery.

The technical barriers of procalcitonin are high and the procalcitonin production concentrated large companies including Thermo Fisher, Roche Diagnostics, BBI Solutions, bioMerieux, etc. The top four manufacturers accounted for 25.67% in 2016. Thermo Fisher is the largest manufacturer in the world, which production reached 12091 mg then.

The manufacture region is concentrated in USA, Europe, China and Japan, of which Europe is the largest region with the share 36.92% in 2016. The production shares of Europe, China and Japan were 23.07%, 19.12% and 6.43%.

The consumption share of USA, Europe, China and Japan were 26.81%, 27.55%, 18.54% and 8.99% in 2016. Europe is the main export region. www.qyresearchglobal.com

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Procalcitonin market will become more intense.

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