Liver Function Tests Market Propelled by High Incidence of Chronic Liver Ailments: Transparency Market Research

Liver function tests or LFT are blood tests that help diagnose the present state of a patient’s liver and biliary system. These tests also help detect damage or inflammation to the liver.Global liver function tests market are crucial to the very foundation of human life, as the liver is part of the system that processes and filters the blood circulated through the human body.

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The liver is an important organ that performs vital functions including metabolization of nutrients and preparing blood clotting proteins. It also helps in detoxifying harmful substance that may enter a human body. The cells present in liver contain enzymes responsible for carrying out such chemical reactions. If liver cells get destroyed or damaged, the enzymes present in them is released into the blood. It is then that their effect is diagnosed using liver function tests. Liver function tests are used to investigate the presence of two kinds of liver enzymes in the blood, namely alanine aminotransferase (ALT) and aspartate aminotransferase (AST). 
 
Growing Prevalence of Liver Diseases to Boost Global Liver Function Tests Market
 
In the last couple of years, liver function tests have emerged as the most commonly demanded blood tests in the medical world. These tests help in monitoring disease activity, they are also conducted to investigate suspected liver disease, or they may be carried out as part of a routine health checkup. Healthcare professionals often use liver function tests to distinguish the different kinds of liver disorders, to investigate the presence of any liver disease, or to diagnose the extent of liver damage and prescribe the appropriate treatment. 
 
Rising incidence of liver diseases has impelled healthcare professionals to fuel research and development on liver function tests. Despite significant efforts of the healthcare industry, liver diseases continue to persist worldwide. According to the WHO, globally, around 350 million people every year are affected by hepatitis B. Such growing prevalence of hepatitis B and other chronic liver ailments is anticipated to drive the global market for liver function tests in the coming years. 
 
North America Leads Global Liver Function Tests Market; Emerging Countries Exhibit Lucrative Prospects
 
The global liver function tests market is segmented into five key regions: North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Among these regions, North America accounts for the largest share of the global liver function tests market. Several technological upgrades introduced in diagnostic devices, high disposable incomes, and upcoming technologies have helped Europe emerge as the second largest regional market for liver function tests. Furthermore, rapid development of the healthcare sector and high incidence of chronic liver ailments in countries across the Middle East, Southeast Asia, and Latin America will provide lucrative opportunities for the key market players in the near future.  
 
The Asia Pacific market for liver function tests has also registered significant growth in the last couple of years owing to expansion of healthcare infrastructure, growing prevalence of chronic diseases, favorable reimbursement schemes, and high rate of adoption of precise medical instruments. The high incidence of hepatitis C in Asia Pacific will further boost the market for liver function tests in the region. 
 
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