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Carcinoembryonic Antigen Market 2018-2023 | Latest Technology Trends, Demand, Industry Scope with Business Player - F. Hoffmann-La Roche Ltd, Abbott, Abcam plc. etc.

05-09-2018 11:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Carcinoembryonic Antigen Market

Carcinoembryonic Antigen Market

Carcinoembryonic Antigen Market - Segmentation

The global carcinoembryonic antigen market has been segmented on the basis of application, sampling, and end user. Based on application, the market has been segmented into colorectal, pancreatic, breast, lung cancer, and others. Based on sampling, the market has been segmented into antecubital, peritoneal, pleural, serebrospinal, and others. Based on the end users, the market has been segmented into hospitals, diagnostic centers, research centers, and others.

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Carcinoembryonic Antigen Market - Market Players

Some of key players profiled in the report are

Lee BioSolutions
Hoffmann-La Roche Ltd
Quest Diagnostics Incorporated.
Correlogic Systems Inc
Genway Biotech Inc.
Abbott
RayBiotech, Inc.
Abcam plc.
Biocare Medical LLC
Biocare Medical, LLC
Carcinoembryonic Antigen Market - Overview

Carcinoembryogenic antigen (CEA) is a group of glycoproteins which are produced during the fetal developmental stages by gastrointestinal tissues. CEA is responsible for cell adhesion. Healthy adults do not have CEA concentrations. However, smoking and certain medical conditions such as colorectal cancer, breast cancer etc. can mark the presence of CEA in the body. Thus, CEA based diagnostic assays are used for the detection of such cancers and to check the treatment efficiency during the therapeutic period by a physician. The global carcinoembryonic antigen market is expected to grow 6.7% during the forecast period.

In 2017, studies of the NCBI suggested that the global burden of colorectal cancer will increase by 60%, leading to 2.2 million new cancer cases and 1.1 million deaths by 2030. This will increase the colorectal cancer diagnostic demands, thereby propelling the market growth.

Increasing prevalence of cancer, rising healthcare expenditures, and developing diagnostic technologies will boost the global market during the forecast period. However, risk of infection and hematoma, lack of awareness and medical services in the developing countries will restrain the market growth during the assessment period.

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Carcinoembryonic Antigen Market - Intended Audience

Pharmaceutical companies
Healthcare service providers
Diagnostic centers
Research organization
Carcinoembryonic Antigen Market - Regional Analysis

The Americas account for the largest share in the carcinoembryogenic antigen market. The Americas mainly include countries like the U.S. and Canada. Increasing prevalence of cancer and high healthcare expenditures within the region will boost the market growth over the assessment period.

Europe is the second highest revenue generating region in the global carcinoembryogenic antigen market. Increasing prevalence of cancer, fast adoption of new technologies and presence of developed countries like Germany and U.K within the region will boost the market growth during the forecasted period.

On account of the developing medical infrastructure, rising healthcare expenditure, and increasing government initiatives, Asia Pacific region is expected to grow the fastest.

The Middle East & Africa is expected to grow slower than the global average. The Middle Eastern countries, for instance, UAE and Saudi Arabia dominates the market due to high income and the government support to improve public health.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
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Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312

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