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Biomarker Technologies Market 2022|Asia-Pacific (Japan, South Korea and singapore) would exhibit the highest CAGR of 14.8% by 2026

03-16-2022 08:28 AM CET | Health & Medicine

Press release from: allied market research

Biomarker Technologies Market Outlook - 2026

Biomarker Technologies Market Outlook - 2026

The growth in biomarker technologies market is due to rise in R&D activities and surge in prevalence of diseases such as various types of cancer, diabetes type 1, AIDS, rheumatoid arthritis, and others. Furthermore, surge in genome mapping program is expected to boost the growth of the market.

Biomarker Technologies Market by Product (Consumables, and Instruments), Technology (Polymerase Chain Reaction (PCR), Next Generation Sequencing (NGS), Immunoassay, and Others), and Application (Drug Discovery, Diagnostics, and Personalized Medicine), and Indication (Cancer, Infectious Diseases, Autoimmune Disorders, Cardiovascular Disorders, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

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According to a new report published by Allied Market Research, titled, "Biomarker Technologies Market by Product, Technology, Application, and Indication: Global Opportunity Analysis and Industry Forecast, 2019 - 2026," the biomarker technologies market accounted for $21,594 million in 2018 is expected to reach $58,508 million by 2026, registering a CAGR of 13.2% from 2019 to 2026.

Key Market Segments

BY PRODUCT AND SERVICES
Consumables
Reagents
Assays
Instruments
By Application
Drug Discovery
Diagnostics
Personalized Medicine

By Technology
Polymerase Chain Reaction (PCR)
Next Generation Sequencing (NGS)
Immunoassay
Others

By Indication
Cancer
Infectious Diseases
Autoimmune Disorders
Cardiovascular Disorders
Others

Key Findings of the Biomarker Technologies Market:

Consumables occupied two-third share of the market in 2018.
The next generation sequencing segment is anticipated to grow with the highest CAGR throughout the forecast period.
The drug discovery segment accounted for half share of the global biomarker technologies market in 2018.
The cardiovascular disorders segment is anticipated to grow at the highest rate during the analysis period.

The major companies profiled in this report include Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche AG, Illumina, Inc., LI-COR, Inc., Merck KGAA, PerkinElmer Inc., QIAGEN, Shimadzu Corporation, and Thermo Fisher Scientific, Inc.

Key Market Players

AGILENT TECHNOLOGIES, INC.
BIO-RAD LABORATORIES, INC.
F. HOFFMANN-LA ROCHE LTD.
Illumina, Inc.
LI-COR, Inc.
Merck KGAA
PERKINELMER INC.
QIAGEN N.V.
Shimadzu Corporation
Thermo Fisher Scientific, Inc.

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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