Cancer Tumor Profiling Market By Top Vendors (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.) and Global Forecast
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.
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Global Cancer Tumor Profiling Market studies the size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Cancer Tumor Profiling Market by companies, region, type and end-use industry.
Major Market Competitors:
Some of the major players operating in global cancer tumor profiling market are
• Helomics Corp.,
• NanoString Technologies, Inc.,
• Oxford Gene Technology,
• Illumina, Inc.,
• Qiagen N.V.,
• F. Hoffmann-La Roche AG,
• NeoGenomics Laboratories, Inc.,
• HTG Molecular Diagnostics, Inc.,
• Genomic Health Inc. ,
• Caris Life Sciences,
• 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.
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
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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.
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 Application the market is segmented into:-
• Personalized Medicine,
• Biomarker Discovery,
• Prognostics and
• Research Applications.
By Technique the market is segmented in:-
• Epigenetics and
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