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Global Cancer Biomarkers Market Growth Analysis 2024: Quest Diagnostics, Agilent Technologies, Qiagen, Illumina, Affymetrix, DiagnoCure Inc., Abbott Laboratories, Merck & Co., Others

07-05-2018 10:05 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

"Cancer Biomarkers"

"Cancer Biomarkers"

Databridgemarketresearch.com Adds “Global Cancer Biomarkers Market – Industry Trends and Forecast to 2024” To Its Research Database.

Report Analysis:

The Global Cancer Biomarkers Market has accounted to USD 10.9 billion in 2016, growing at a CAGR of 12.2% from 2017 to 2024, and is expected to reach USD 27.4 billion by 2024.

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Top Key Players:

• Abbott Laboratories
• DiagnoCure Inc.
• Affymetrix, Inc.
• Illumina, Inc.
• Qiagen N.V.
• Roche Diagnostics Ltd.
• Agilent Technologies Inc.
• Quest Diagnostics Inc.
• Merck & Co. Inc.
• Hologic, Inc.
• Becton Dickinson and Company
• Among others.

Report Definition:

Cancer biomarkers are the molecules secreted by a tumor or a specific response of the human body indicating the presence of cancer. The biomarkers enable cancer detection at an early stage and facilitate high-speed noninvasive diagnosis using various genomics and proteomics tools. Cancer biomarkers are used for various applications such as cancer diagnostics, drug discovery and development, prognostics, personalized medicine, and surrogate endpoints. Over the years, cancer biomarkers have become an integral part of research in pharmaceutical and clinical trial companies, as they help to reduce the time and cost of the drug discovery and development process.

Factors such as rising prevalence of cancer, increasing government support for cancer biomarkers research, rising aging population, increasing use of biomarkers in the drug discovery and development process, and increasing use of biomarker tests for diagnosis purposes are fueling the growth of this market. However, poorly suited regulatory and reimbursement systems and high capital investments required for biomarker development and validation are the major factors restraining the growth of this market. Cancer biomarkers’ research and development is highly capital intensive; this is one of the key entry barriers for new players willing to enter the cancer biomarkers market. Majority of the biomarker development studies receive funding from government organizations or large pharmaceutical companies.

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Report Segmentation:

In this report, the cancer biomarkers market is segmented on the basis of type, cancer type, profiling technology, application, and geography.

Based on type:

• Protein Biomarkers
• Genetic Biomarkers
• Other Biomarkers (Includes Viral, Cell, And Carbohydrate Biomarkers)

Based on cancer type:

• Breast Cancer
• Lung Cancer
• Colorectal Cancer
• Prostate Cancer
• Cervical Cancer
• Other Cancers (Includes Melanoma, Leukemia, Gastric, Kidney, Liver, And Pancreatic Cancers).

By profiling technology:

• Omics Technologies
• Imaging Technologies
• Immunoassays
• Cytogenetics
• Bioinformatics

By Application:

• Diagnostic
• Drug Discovery
• Prognostic

Based on geography:

• North America
• Europe
• Asia-Pacific
• South America
• Rest Of The World

The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. In 2016, North America is expected to dominate the market with a share of 34.7%, growing at a CAGR of 11.2% in the forecast period 2016 to 2022. The dominance of North America is owing to high incidence of cancers such as breast and lungs, coupled with favorable reimbursement scenarios and highest treatment success rate.

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This Report Consists of:

• No of pages: 350
• No of Figures: 60
• No of Tables: 220

Frequently Asked Questions:

• What will the market size be in 2024?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2024?
• Which strategies are used by top players in the Global Cancer Biomarkers Market?

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get 10% Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.

Contact:
Sopan Gedam
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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