Press release
Global Biomarker Technologies Market is driven by Growing obligation to follow international measurement standards and dominated by GE, Abbott, BD, Bio-Rad Laboratories, Agilent Technologies, Thermo Fisher Scientific, SHIMADZU CORPORATION, Waters Corporat
Global Biomarker Technologies Market
Market Analysis
The Global Biomarker Technologies Market is expected to reach USD 89.47 billion by 2025, from USD 31.81 billion in 2017 growing at a CAGR of 13.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major market drivers and restraints
• Increasing diagnostic applications of biomarkers
• Increasing R&D funding for pharma and biotech companies
• Increasing number of CROs and low cost of clinical trials in developing countries
• High prevalence of cancer
• High capital investments and low cost-benefit ratio
• Poorly suited regulatory and reimbursement systems
• Technical issues related to sample collection and storage
Global Biomarker Technologies Market, By Test Type (Solid Biopsy, Liquid Biopsy), By Product (Consumables, Instruments, Services, Software/Informatics), By End Users (Hospitals, Ambulatory Centers, Clinics), By Profiling Technology (Immunoassay, PCR, Imaging Technologies, Mass, Spectrometry, NGS, Other Profiling Technologies), By Application, By Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)– Industry Trends and Forecast to 2025
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Market Segmentation
The global biomarker technologies market is segmented based on test type, product, profiling technology, application, research area and geographical segments.
Based on test type, the market is segmented into solid biopsy and liquid biopsy.
On the basis of product, the market is classified into consumables, instruments, services and software/informatics.
On the basis of profiling technology, the market is segmented into immunoassay, PCR, imaging technologies, mass spectrometry, NGS, chromatography, cytogenetics and other profiling technologies.
On the basis of application, the market is classified into biomarker identification, validation & development research and routine biomarker-based tests.
The biomarker identification, validation & development research are further segmented on the basis of products into consumables, instruments, services and software. The routine biomarker-based tests are also further segmented on the basis of products into consumables, instruments, services and software.
On the basis of research area, the market is classified into genomics, proteomics, metabolomics and other research areas. The metabolomics market segment is further sub segmented into metabolic flux, lipidomics and others.
Based on geography the global biomarker technologies market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
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Key Developments in the Market: Global Biomarker Technologies Market
• Recently a microfluidic capillary immunoassay platform for fast and highly sensitive measurement of biomarkers has been developed by the
Bioanalytical Microsystems Laboratory at IMTEK (Institute of Microsystem Technology). This micro-ELISA system combines microfluidic capillary channel (immobilization cell) where the primary antibodies are coated covalently with an electrochemical detection system.
Top Competitors of Market
• Thermo Fisher Scientific,
• Bio-Rad Laboratories,
• Healthcare,
• Agilent Technologies,
• Shimadzu Corporation,
• Waters Corporation,
• Roche Diagnostics,
• Qiagen N.V.,
• Illumina,
• GE,
• Sysmex Corporation,
• Hologic,
• Quest Diagnostics
• Biomérieux SA,
• Merck & Co.,
• Abbott Laboratories,
• Becton,
• Biomarker Technologies, Inc.,
• Dickinson and Company,
• Danaher Corporation,
• Myriad Genetics,
Competitive Analysis
The global biomarker technologies market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of biomarker technologies market for global, Europe, North America, Asia Pacific and South America.
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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.
Contact:
Sopan gedam
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
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