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[PDF] Glycated Albumin Market Generated Opportunities, Future Scope of Top Manufacturers:

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Glycation is the process of a sugar molecule joining together. For example, glucose to albumin, a protein or lipid molecule. Glycated albumin is albumin with glucose attached to it. Albumin is a protein molecule found in the blood, main body organs, and bodily fluids. Albumin’s job is to keep the cell in form and transfer hormones and nutrients..

When blood glucose levels are low, the amount of albumin in the body falls, and when blood glucose levels are high, the amount of albumin in the body increases. Glycated albumin is assessed to establish the medication dose for diabetes therapy during the commencement of diabetic medications. Glycated albumin was reported as a novel biomarker for the identification and management of diabetes in a study done by the American Association for Clinical Study in 2011. Glycemic management is required for diabetes treatment. Glycated haemoglobin (HbA1c), 1, 5-anhydroglucitol (1,5AG), and glycated albumin are some of the measures utilised to provide markers. The glycemic level during the first three months of diabetes incidence is indicated by glycated haemoglobin (HbA1c). This assessment is useful for confirming short-term therapeutic efficacy during the beginning of diabetic treatment

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Major Company Profiles Covered in This Report: Lifespan Biosciences, Biomatik Corporation, Abbexa Ltd., G Biosciences, DRG International, Inc., Amsbio LLC, Signalway Antibody LLC, United States Biological, Diazyme Laboratories, Abnova Corporation, Maccura Biotechnology Co. Ltd., Exocell Inc., Biorbyt Ltd., and Epinex Diagnostics Inc.

In Europe, Asahi Kasei Pharma Corporation’s new Lucica Glycated Albumin-L, an in vitro diagnostic assay kit for glycated albumin (GA-L), acquired CE Marking in 2015. On compatible clinical chemistry analyzers, Lucica Glycated Albumin-L is used to test glycated albumin in human serum quantitatively. Lucica Glycated Albumin-L was approved in Taiwan in 2015, after receiving approval in 2013. The US Food and Drug Administration approved Diazyme Laboratories’ Enzymatic glycated serum protein (GSP, Glycated Albumin) Assay Kit in 2011. (FDA). The enzymatic glycated serum protein (GSP) assay is a two-part liquid stable reagent that may be utilised with a variety of automated clinical chemistry analyzers.  This product adds to the diagnostic value of diabetes management and screening in clinical practise. As a result, rising approval of novel glycated albumin kits launched by key industry players is likely to generate a profitable environment for global glycated albumin market growth.

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The global diabetic population was around 415 million in 2015, according to the International Diabetes Federation (IDF), and is anticipated to reach 642 million by 2040. As a result, increased diabetes prevalence is predicted to boost demand for glycated albumin for diabetes diagnosis, boosting the worldwide glycated albumin assay market growth throughout the forecast period. Because of the high prevalence of diabetes in the region, North America is likely to dominate the worldwide glycated albumin market. According to data released by the American Diabetes Association in 2015, around 1.25 million children and adults in the United States had type 1 diabetes, and approximately 84.1 million persons aged 18 and up had prediabetes. Due to an increase in the number of approvals for novel glycated albumin kits in the Asia Pacific region, the glycated albumin market is likely to develop significantly.

For example, Asahi Kasei Pharma Corporation’s Lucica Glycated Albumin-L got approval in Taiwan in 2015. In Indonesia and Korea, the company’s Lucica Glycated Albumin-L got approval. Key players operating in the global glycated albumin market include Lifespan Biosciences, Biomatik Corporation, Abbexa Ltd., G Biosciences, DRG International, Inc., Amsbio LLC, Signalway Antibody LLC, United States Biological, Diazyme Laboratories, Abnova Corporation, Maccura Biotechnology Co. Ltd., Exocell Inc., Biorbyt Ltd., and Epinex Diagnostics Inc.

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