Insights on the China Genomic Biomarker Market to 2019 | Industry Statistics, Emerging Demands, Forecast to 2025

The genomic biomarker market in China is estimated to grow significantly at a CAGR of over 17% during the forecast period. China has emerged as a strong player in the biotechnology sector that results from the huge investments in R&D by the Chinese government. Chinese life science sector has progressively grown in the last years as a result of strong R&D and funding. The Chinese government has invested enormously in the cancer diagnostics making it a prominent region for the biomarker industry. China's substantial patient populations in urban markets and research capability in genome sequencing have formed substantial opportunities for foreign companies. China has a clear market development priority for the IVD industry in the areas of cancer diagnostics, sequencing-based cancer assays, and companion diagnostics.

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The genomic biomarker market is segmented on the basis of application and end-user. On the basis of application, the market is segmented into oncology, cardiology, neurology, and others. There is a huge scope for the market in the oncology segment due to the increasing prevalence of cancer. On the basis of end-user, the market is segmented into hospitals and diagnostic.

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China Genomic Biomarker Market Segmentation

By Application

· Oncology

· Cardiology

· Neurology

· Others

By End-User

· Hospitals

· Diagnostic & Research Laboratories

Company Profiles

· Becton, Dickson, and Co.

· BGI Group

· Cancer Genetics, Inc.

· Complete Genomics Inc.

· Denovo Biopharma

· Epigenomics AG

· F-Hoffman-La Roche Ltd.

· Ipsos Group

· Novartis AG

· Novogene Corp.

· Pfizer, Inc.

· Thermo Fisher Scientific Inc.

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