Press release
Global Cancer Biomarkers Market 2018 Analysis by Top Vendors like Abbott, Affymetrix, Illumina, QIAGEN, Roche, Agilent Technologies, Quest Diagnostics, Merck, Hologic, Inc., BD and Others
Cancer Biomarkers Market
The report is also a detailed analysis on what the market definition, classifications, applications and market trends are along with these it also provides with the market’s drivers and restrains by using the help of SWOT analysis.
The Cancer Biomarkers Market is highly dependent on the top players and brands this report provides with detailed company profiles of those players and brands and showing what their moves are when it comes to developments, product launches, joint ventures, merges and accusations, all the while also providing with figures for the forecast years of 2018-2024.
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Major Market Competitors: Global Cancer Biomarkers Market
Some of the major players operating in this market are 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.
Key Highlights of Report
• Overview of key market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics.
Market 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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Market Segmentation: Global Cancer Biomarkers Market
In this report, the cancer biomarkers market is segmented on the basis of type, cancer type, profiling technology, application, and geography.
• Based on type, the cancer biomarkers market is broadly split into three segments, namely, protein biomarkers, genetic biomarkers, and other biomarkers (includes viral, cell, and carbohydrate biomarkers). In 2015, the protein biomarkers segment accounted for the largest share of the global cancer biomarkers market. The large share of this segment is mainly attributed to the tremendous potential of protein biomarkers in cancer detection, diagnostics, prognostics, and clinical & therapeutic applications; and low cost of the protein biomarker tests as compared to genetic biomarker tests. The increasing focus of pharmaceutical companies towards the discovery of protein biomarkers is further expected to fuel the growth of this market in the coming years. However, the genetic biomarkers segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment can be attributed to the increasing advancements in genomics technologies and rising adoption of high-throughput sequencing technologies in biomarker discovery and development.
• Based on cancer type, the cancer biomarkers market is categorized into breast cancer, lung cancer, colorectal cancer, prostate cancer, cervical cancer, and other cancers (includes melanoma, leukemia, gastric, kidney, liver, and pancreatic cancers). In 2015, the breast cancer segment accounted for the largest share of the global cancer biomarkers market. The largest share of this segment is mainly attributed 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. However, the lung cancer segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment can be attributed to the rising prevalence of lung cancer and increasing research focus on lung cancer biomarkers.
• The cancer biomarkers market, by profiling technology, is segmented into omics technologies, imaging technologies, immunoassays, cytogenetics, and bioinformatics. The omics technologies segment accounted for the largest share of the global cancer biomarkers market in 2015. The largest share of this segment is mainly attributed to the increased adoption of advanced high throughput technologies in biomarker discovery and development and increasing use of omics-based tests for cancer diagnosis and drug development process. Omics technologies also represent the fastest-growing cancer biomarkers segment. The high growth rate of this segment can be attributed to the increasing adoption of advanced omics technologies for cancer detection and drug discovery & development applications, specifically in developing countries. Advances in high-throughput omics technologies are also contributing to the growth of this market, by increasing the space of prospective biomarkers in cancer research. On the other hand, the share of imaging technologies is expected decrease in the coming years due to increasing demand for other advanced technologies such as genomics and proteomics which detects cancer in early stages and provides information about tumors at molecular level compared imaging technologies.
• Based on geography the global cancer biomarkers market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and 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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Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
Key focus of the report
1. This report provides pin-point analysis for changing competitive dynamics
2. It provides a forward-looking perspective on different factors driving or restraining market growth
3. It provides five-year forecast assessed on the basis of how the market is predicted to grow
4. It helps in understanding the key product segments and their future
5. It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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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.
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