Cancer Tumor Profiling Market is Driven with Growing Obligation and Dominated by (Qiagen N.V., F. Hoffmann-La Roche AG, NeoGenomics Laboratories, Inc., HTG Molecular Diagnostics, Inc., Genomic Health Inc., Caris Life Sciences, Helomics Corp., NanoString T
Cancer Tumor Profiling Industry displays the production, revenue, price, and market share and growth rate 2025. Cancer Tumor Profiling Market provides study of Dominated Companies, Growth Drivers, Product Type, Applications, Classifications, End Users, Supply-Demand, regional output and Industry Chain Structure Forecast till 2025.
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Global Cancer Tumor Profiling Market accounted to USD 25,318 million in 2016 growing at a CAGR of 18.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Drivers and Restraints:
• Technological advancements for identifying the cancer tumors.
• Increasing the cancer incidences.
• Increase in demand for next generation sequencing technique in cancer profiling.
• Lack of Skilled Professionals and Infrastructure
• Growth in demand of personalized medicines
• Increase in the use of biomarkers in tumor profiling.
• Availability of Funding for Cancer Research
The global cancer tumor profiling market is segmented by technology into:-
• Next-Generation Sequencing,
• Polymerase Chain Reaction,
• In Situ Hybridization and Microarray.
o Fluorescence In Situ Hybridization And
o Chromogenic In Situ Hybridization.
By Technique the market is segmented in:-
• Epigenetics and
By Application the market is segmented into:-
• Personalized Medicine,
• Biomarker Discovery,
• Prognostics and
• Research Applications.
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Major Market Competitors:
Some of the major players operating in global cancer tumor profiling market are
• Illumina, Inc.,
• Qiagen N.V.,
• F. Hoffmann-La Roche AG,
• NeoGenomics Laboratories, Inc.,
• HTG Molecular Diagnostics, Inc.,
• Genomic Health Inc. ,
• Caris Life Sciences,
• Helomics Corp.,
• NanoString Technologies, Inc.,
• Oxford Gene Technology,
• Hologic, Inc.,
• Siemens Medical Solutions USA Inc.,
• Personal Genome Diagnostics, Inc.,
• FOUNDATION MEDICINE, INC.,
• Contextual Genomics,
• Perthera, Inc.,
• Boreal Genomics Inc.,
• Biotheranostics and
• Proteome Sciences among others.
The global cancer tumor profiling market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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