28.03billion USD Cancer Biomarkers Market is Expected to Grow at CAGR of 11.9%: Key Players - Thermo Fisher Scientific, Bio-Rad Laboratories, Roche Diagnostics, Qiagen N.V., Illumina, GE Healthcare,

Cancer biomarkers are substances or processes that are indicative of the presence of cancers in the human body. Biomarkers may be produced by the cancer tissue itself or by other cells in the body in response to cancer. They can be found in the blood, stool, urine, tumor tissue, or other tissues or bodily fluids. They enhance cancer detection and facilitate high-speed noninvasive diagnosis using Genomics and proteomics.

The global Cancer Biomarkers Marketwas valued at USD 10.19 billion in 2016 and is projected to reach USD 28.03billion by 2027, growing at a CAGR of 11.9% from 2017 to 2027.

The major players in the market are as follows Thermo Fisher Scientific, Bio-Rad Laboratories, Roche Diagnostics, Qiagen N.V., Illumina, GE Healthcare, Agilent Technologies, Biomérieux SA, Merck & Co., Abbott Laboratories, Becton, Dickinson and Company, Danaher Corporation, Myriad Genetics

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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.

Research study on the Cancer Biomarkers Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

Growth in the developed markets of North America and Europe is primarily driven by the high adoption of advanced technologies like NGS, increasing number of research studies for the discovery and development of novel biomarkers, presence of a large number of pharmaceutical companies, rising funding and investments from public and private organizations, and increasing use of biomarkers in patient stratification and drug development process.

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Infographics:

Market Dynamics:
1. Market Drivers
1.1 Increasing Technological Developments
1.2 Growingnumber of cancer Patients and usage of biomarkers
1.3 Increasing research in biomarkers

Market Segmentation:
1. Global Cancer Biomarkers Market, by Application:
1.1 Diagnostics
1.2 Research and Development
1.3 Prognostics
1.4 Risk Assessment
1.5 Other Applications

2. Global Cancer Biomarkers Market, by Cancer Type:
2.1 Breast Cancer
2.2 Lung Cancer
2.3 Colorectal Cancer
2.4 Prostate Cancer
2.5 Non-Hodgkin's Lymphoma
2.6 Other Types of Cancer

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Table of Content
1 INTRODUCTION OF GLOBAL CANCER BIOMARKERS MARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 GLOBAL CANCER BIOMARKERS MARKET OUTLOOK
5 GLOBAL CANCER BIOMARKERS MARKET, BY APPLICATION
6 GLOBAL CANCER BIOMARKERS MARKET, BY CANCER TYPE
7 GLOBAL CANCER BIOMARKERS MARKET, BY PROFILING TECHNOLOGY
8 GLOBAL CANCER BIOMARKERS MARKET, BY GEOGRAPHY
9 GLOBAL CANCER BIOMARKERS MARKET COMPETITIVE LANDSCAPE
10 COMPANY PROFILES
10.1 Thermo Fisher Scientific
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
11 Appendix

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