Press release
Technological Advancement - Cancer Biomarkers Market is Expected to Reach USD 26.80 Billion in 2025
A biological molecule that can be found in blood, other body fluids or tissues indicating the normalcy or abnormality of any biological process, or of a disease/condition etc. is called a biomarker. Cancer biomarkers are molecules, substances or processes that can indicate the presence of cancers in body. Biomarkers are either secreted by the cancer tissues themselves or are produced as a response to cancer by other cells in the body. They are present in urine, blood, tumor tissue, stool, other tissues or bodily fluids. Myriad of pharmaceutical and biotech companies employ biomarkers during their drug discovery and developmental process. This helps company’s strategic alliances for sharing technology for biomarker applications during large-stage clinical trials which is fueling the growth of this market.
Biomarkers are utilized for follow-up surveillance and early detection of probable recurrent disease in patients who undergo curative surgery for cancer. Besides, incessant advancements in cancer diagnosis employ molecular biomarkers for routine diagnostic tests. Thus, application of cancer biomarkers in a wide range of detection techniques is estimated to impact the market positively.
Request For Free Sample Of The Report @ https://www.xpodenceresearch.com/Request-Sample/106916
Rampant cases of cancer across the globe has motivated governments of various countries to focus on investing in developing preventive and early intervention techniques for cancer. Moreover, national healthcare departments are continuously researching on cancer aiming to develop a treatment. Thus, government’s support and innovation and development in the area of cancer diagnosis with biomarker is anticipated to fuel the market growth. However, the steep cost of various cancer diagnostic tests, initial high capital investments, poorly suited reimbursement and regulatory systems and technical setbacks related to sample collection are constraining the growth of this market.
In 2017, breast cancer accounted for the largest market share in the cancer type segment.
On the basis of cancer type, the cancer biomarker is classified into breast, multiple myeloma, melanoma, thyroid, liver, prostate, lung, leukemia, colorectal, central nervous system (CNS), bladder, gastric, kidney, and other cancers, such as cervical, non-Hodgkin’s lymphoma, pharynx, pancreatic, oral cavity, stomach and ovarian cancers.
Breast cancer is anticipated to account for the maximum share in the global cancer biomarkers market. Increased focus of key companies on developing novel diagnostic assays is an essential driver for the growth of this market. Globally, numerous initiatives are being organized in order to increase the awareness of breast cancer ensuring early detection of the condition, thereby adding to the number of diagnostic scans. This factor is anticipated to drive market growth in this segment.
In 2017, protein biomarkers are anticipated to dominate the market share in biomarker type segment
Based on the type of biomarker, the cancer biomarkers market is segregated into genetic biomarker, protein biomarker and other biomarkers. Among these, the protein biomarkers segment is anticipated to dominate the global cancer biomarkers market which can be attributed to the monumental potential of protein biomarkers in detection of cancer, cancer diagnostics, prognostics, and therapeutic & clinical applications. Moreover, unlike steep costs of genetic biomarker tests, protein biomarker tests have low costs. Additionally, key pharmaceutical companies are majorly focused towards discovering protein biomarkers and are anticipated to augment the market during the forecast period.
Obtain Report Details @ https://www.xpodenceresearch.com/Reports/Cancer-Biomarkers-Market
Geographically, the North American region is leading in cancer biomarker market for the year 2017
The North American region holds the largest market share of the global cancer biomarkers market in 2017 which can be mainly attributed to favorable government policies and increased governmental support in the R&D of biomarkers. Furthermore, surge in the demand for personalized medicine, adoption of advanced omics technologies for discovery of biomarkers and increased use of biomarkers in drug development and discovery by pharmaceutical companies in that region also aids to the inflating market growth.
Some of the major players in the cancer biomarkers market are Merck, Abbott, Agilent, Roche, Hologic, Illumina , Becton Dickinson, Affymetrix, Thermo Fisher, and QIAGEN.
About Us-
Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.
The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
Contact Us-
Xpodence Research
USA Office
244 , Madison Avenue
New York City, NY - 10016
United States
Toll Free +1- 844-445-2861
Email-sales@xpodenceresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Technological Advancement - Cancer Biomarkers Market is Expected to Reach USD 26.80 Billion in 2025 here
News-ID: 1074511 • Views: …
More Releases from Xpodence Research
Real-Time Location Systems (RTLS) Market For Healthcare - Hardware Segment Contr …
RTLS or Real Time Location System is a combination of hardware, software and service components, which is used for the realtime monitoring, tracking and management of equipments, patients, and staff personnels. The Real Time Location Systems find applications in civil as well as military healthcare facilities. With continuous advancements in healthcare technology, the RLTS are finding increase in adoption in many parts of the world, with developed countries at the…
Scar Treatment Market - Keloids and Burned Scars Treatment to Take More Priority …
The global scar treatment market has been examined to pick up a comprehension about the changing situation of the appearance and aesthetic remedial measures. Scar revision is a process that is utilized to limit the scars in a way that they seem more reliable with the encompassing skin tone and skin texture. Scars are unmistakable signs that stay after an injury mends. They are unavoidable aftereffects of damage or a…
Shotcrete Concrete Market - Key Manufacturers Motivated Towards the Adoption of …
Shotcrete or sprayed concrete is generally used in a wide range of applications including construction and wastewater treatment structures. It is considered to be an efficiently performing mortar or concrete which is blown at high speed on the desired surface of a construction site, generally through a hose. Shotcrete or sprayed concrete is generally conveyed by using two methods including dry mix process and wet mix process. The wet mix…
Tube Packaging Market - Key Manufacturers Motivated Towards the Adoption of Key …
A hollow and cylindrical container that is made by paperboard, plastic or aluminum is called tube. Tubes are basically used for storing viscous liquid type materials like toothpaste, adhesive, ointment, and others. At the time of manufacturing and processes of filling, both the ends of the tube are cured in a different manner. An oval orifice is present on one of the end of the tube body, that can…
More Releases for Biomarkers
Biomarkers Market Soars: Safety Biomarkers Lead with 15.9% Projected Growth from …
The global biomarkers market size was valued at US$ 59.1 Billion in 2021 and is expected to expand at a compound annual growth rate CAGR of 15.3% from 2022 to 2032. Safety Biomarkers are expected to be the highest revenue generating biomarker type, with a projected growth of 15.9% from 2022-2032.
Biomarkers, or biological indicators, have revolutionized the fields of medicine and healthcare by enabling early disease detection, personalized treatment, and…
Neurological Biomarkers Market - Decoding Brain Health: Biomarkers Revolutionizi …
Newark, New Castle, USA: The "Neurological Biomarkers Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Neurological Biomarkers Market: https://www.growthplusreports.com/report/neurological-biomarkers-market/8040
This latest report researches the industry structure, sales, revenue,…
Cardiac Biomarkers Market - Unveiling Heart Health: Biomarkers Revolutionizing C …
Newark, New Castle, USA: The "Cardiac Biomarkers Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Cardiac Biomarkers Market: https://www.growthplusreports.com/report/cardiac-biomarkers-market/8024
This latest report researches the industry structure, sales, revenue,…
Global Companion Diagnostic Cancer Biomarkers Market by types (Protein Biomarker …
Global Companion Diagnostic Cancer Biomarkers Market Research Report” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
The report, titled Companion Diagnostic Cancer Biomarkers presents an in-depth study of the Companion Diagnostic Cancer Biomarkers market. Providing a brief history about the market, the report analyses the entire value chain of the market and points out the key drivers and restraints affecting the growth of the market during the forecast period. The report…
Global Biomarkers Market Propelled by Growing Usage of Biomarkers in Medical Are …
A biomarker refers to a biological molecule or gene that is used to effectively and accurately evaluate pharmacologic responses, pathogenic procedures, and biological procedures. Also known as a molecular marker or signature molecule, biomarkers are found in blood, other body fluids, and tissue. Extensively used to see the body’s response to a particular treatment for a disease or condition, biomarkers assist medical professionals to take effective clinical decisions and help…
Biomarkers Summit
SMi present their 4th annual conference on
Biomarkers Summit
Monday 31st January & Tuesday 1st February 2011
Crowne Plaza The-City, London, UK
Don’t Miss Out - Visit to register your place today
http://www.smi-online.co.uk/preclinical-biomarkers.asp
Sponsored by
Caprotec
Cell Signalling Technology
GVK Bio
Selventa
Millipore Quest Diagnostics
RBM
SMi’s highly anticipated 4th annual Biomarkers Summit is fast approaching, and time is running out…
