Press release
Cancer Biomarkers Market to grow with 16.9% CAGR during 2021 to 2031
The global cancer biomarkers market size was USD 13.4 billion in 2021 and it is anticipated to reach USD 63.6 billion by 2031, growing at a CAGR of 16.9% from 2022-2031.Global Cancer Biomarkers report from Global Insight Services is the single authoritative source of intelligence on Cancer Biomarkers market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Cancer biomarkers are substances or processes that indicate the presence of cancers in the human body, estimated by collecting samples such as stool, tumor tissue, blood, urine, or other tissues or bodily fluids. Biomarkers may be formed by the cancer tissue itself or by other cells in the body in response to cancer. They enhance cancer detection and assist in high-speed noninvasive diagnosis using genomics and proteomics.
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Major Players in Global Cancer Biomarkers Market
The major key players in the cancer biomarkers market are F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific, Inc. (US), QIAGEN N.V. (Netherlands), Illumina, Inc. (US), Bio-Rad Laboratories, Inc. (US), Abbott Laboratories (US), bioMérieux SA (US), Becton, Dickinson and Company (US), Merck Millipore (US)
Global Cancer Biomarkers Market Segmentation
The report analyses the global cancer biomarkers market based on biomarker type, cancer type, profiling technologies, application, and region.
Global Cancer Biomarkers Market by Biomarker Type
Based on biomarker type, it is segmented into protein biomarkers, genetic biomarkers, and others. The protein biomarker segment is likely to dominate the market during the forecast period. The key factors such as increasing research on cancer biomarkers are propelling the growth of the market.
Global Cancer Biomarkers Market by Cancer Type
Based on cancer type, it is segmented into breast cancer, lung cancer, colorectal cancer, prostate cancer, melanoma, and others. The breast cancer segment is anticipated to dominate the market during the forecast period. The key factors such as the increasing incidence of cancer across the globe are boosting the growth of the market.
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