Press release
New Study on Cancer/Tumor Profiling Market See Worldwide Major Growth by Global Leading Key Players - Illumina, Qiagen, Neogenomics Laboratories, HTG Molecular Diagnostics, Genomic Health, Caris Life Sciences, Helomics
Global Cancer/Tumor Profiling Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.Global Cancer/Tumor Profiling Market Overview:
According to Market Analyst, Global Cancer/Tumor Profiling Market is projected to grow at a healthy growth rate from 2018 to 2022.
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Major factors fueling the growth of the market include increasing number of cancer cases across the globe, the increasing utility of biomarkers, and availability of funding for cancer research. Factors such as the increasing demand for personalized medicine and point-of-care diagnostic tests in cancer/tumor profiling are expected to offer a wide range of growth opportunities for players in the cancer/tumor profiling market. Technological advancements for identifying the exact cause of the condition is also expected to drive the market. Increasing awareness, investment in healthcare facilities, demand for safe and cost effective treatment, mainly in developing economies of Asia Pacific region, are expected to be market drivers.
The Cancer/Tumor Profiling Market is segmented based on Cancer type, Technology, Application and region. On the Basis of Cancer type Segment, Market is Further Segmented into Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Melanoma Cancer, Others Cancer. The breast cancer segment is expected to account for the largest share of the global cancer/tumor profiling market due to the high prevalence of breast cancer over the last few years, increased awareness about breast cancer diagnosis, and increasing research focus on breast cancer.
On the Basis of Technology, Cancer/Tumor Profiling Market further sub segmented into immunoassays, hybridization, NGS, mass spectrometry, and other technologies. The NGS segment is expected to register the highest CAGR during the forecast period. Factors such as advancements in sequencing technologies, growing number of new cancer cases, a wide range of applications, and the preference for personalized medicines are expected to boost the growth of NGS technology in the future. Based on Application Segment, Market is segmented into clinical application and research application. The research application segment is expected to grow at the highest CAGR during the forecast period.
Regionally, Asia Pacific is expected to grow at the highest CAGR during the forecast period. In recent years, the Asia Pacific market for cancer/tumor profiling has witnessed significant growth due to the rising incidence of cancer, increasing demand for better healthcare services in developing economies. Europe has been the next major contributor due to better research and development facilities and presence of technology providers.
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The Market is segmented and projected on the basis of major key player’s:
1 Illumina, Inc.
2 Qiagen N.V.
3 Neogenomics Laboratories, Inc.
4 HTG Molecular Diagnostics, Inc.
5 Genomic Health Inc.
6 Caris Life Sciences
7 Helomics Corporation
8 Nanostring Technologies, Inc.
9 Oxford Gene Technology
10 Ribomed Biotechnologies, Inc.
The Market is segmented and projected on the basis of major Region Segmentation
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size be in 2022?
2 What are the key factors driving the Cancer/Tumor Profiling Market?
3 What are the challenges to market growth?
4 Who are the key players in Cancer/Tumor Profiling Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
1 Cancer/Tumor Profiling Product Definition
2 Global Cancer/Tumor Profiling Market Manufacturer Share and Market Overview
3 Manufacturer Cancer/Tumor Profiling Business Introduction
4 Global Cancer/Tumor Profiling Market Segmentation (Region Level)
5 Global Cancer/Tumor Profiling Market Segmentation (Product Type Level)
6 Global Cancer/Tumor Profiling Market Segmentation (Industry Level)
7 Global Cancer/Tumor Profiling Market Segmentation (Channel Level)
8 Cancer/Tumor Profiling Market Forecast 2018-2022
9 Cancer/Tumor Profiling Segmentation Product Type
10 Cancer/Tumor Profiling Segmentation Industry
11 Cancer/Tumor Profiling Cost of Production Analysis
12 Conclusion
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