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Know About Cancer Tissue Diagnostics Market Strategic Insights, Types, Applications & Regional Analysis and Global Industry Outlook by 2027
Cancer Tissue Diagnostics Market is expected to grow, owing to factors such as growing cancer prevalence across the globe, new product launches & FDA approvals and growing investments for tissue diagnostics are boosting the market over the years. In addition, the emerging markets in developing countries are likely to have a positive impact on the growth of the market in the forecast period.According to a new market research study titled 'Cancer Tissue Diagnostics Market to 2027 – Global Analysis and Forecasts by Test Type'. Global Cancer Tissue Diagnostics Market is projected to reach US$ 3,419.61 Million by 2027. The market is estimated to grow with a CAGR of 6.2% from 2019-2027. The report highlights the trends prevalent in the global cancer tissue diagnostics market and the factors driving the market along with those that act as deterrents to its growth.
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The major players operating in the market include:
F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Bio Rad Laboratories Inc., Abbott, Enzo Life Sciences, Inc., Agilent Technologies, Inc., Cancer Genetics Inc., Merck KGaA (Sigma-Aldrich Co. LLC), Danaher Corporation, and Abcam plc
What the report features:-
• Global analysis of Cancer Tissue Diagnostics market from 2019-2027 illustrating the progression of the market.
• Forecast and analysis of Cancer Tissue Diagnostics market by Dosage, Route of Administration and Application from 2019-2027.
• Forecast and analysis of Cancer Tissue
Diagnostics market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
Europe is the second largest geographic market and is expected to be the second most significant revenue contributor in forecast period. The region has witnessed several technological advancements in the field of healthcare by the incorporation of advanced cancer tissue diagnostics in order to increase the efficiency of treatments in the region. The growth is driven by factors such as prevalence of cancer in the countries, increased mortality rates as well as growth strategies adopted by the market players in the European countries.
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Strategic Insights:-
There have been limited developments made in the cancer tissue diagnostics market during recent years. However, growth strategies such as approvals, collaborations, and partnerships have been witnessed in the market of cancer tissue diagnostics. For instance, in June 2019, Agilent Technologies Inc. received the U.S. Food and Drug Administration (FDA) approval for its PD-L1 IHC 22C3 pharmDx assay.
The assay is approved to aim in identifying patients with head and neck squamous cell carcinoma (HNSCC) for treatment with KEYTRUDA (pembrolizumab), anti-PD-1 therapy manufactured by Merck. Also, during November 2018, Leica Biosystems, launched the latest PD-L1 antibody for use on their fully automated BOND IHC and ISH staining platform.
Global Cancer Tissue Diagnostics Market – By Test Type
• Immunohistochemical Tests
o Breast Cancer
o Colorectal Cancer
o Prostate Cancer
o Stomach Cancer
o Others
• In Situ Hybridization Tests
o Breast Cancer
o Lung Cancer
o Bladder Cancer
o Others
Immunohistochemical tests segment is expected to grow at a fast pace over the forecast period
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Key Benefits of Buying this Research Study:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Cancer Tissue Diagnostics Market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the Cancer Tissue Diagnostics Market, thereby allowing players across the value chain to develop effective long term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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