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Biomarkers Market is Estimated to Grow at a CAGR of 13.9% within the forecast period of 2023-2030: Cognitive Market Research
Biomarkers Market is Estimated to Grow at a CAGR of 13.9% within the forecast period of 2023-2030: Cognitive Market Research
- Biomarkers are referred to as minimally or non-invasive tools. These are integrated with data management and key imaging technologies. In imaging technology, these methods are frequently used to produce clear images of cancer tumors and other issues. Biomarkers decrease the risk of radiation exposure during imaging through CT scans and MRI scans.
Summary:
• Global Biomarkers market is estimated to be valued at USD 55.82 Billion in 2023 and is expected to exhibit a CAGR of 13.9% during the forecast period.
• North America accounted for the largest revenue share of the Global biomarkers market.
• The drug discovery segment is anticipated to dominate the Global biomarkers market.
• The infectious diseases segment accounted for the largest revenue share of the market.
To know more The Biomarkers Market statistics click here: https://www.cognitivemarketresearch.com/biomarkers-market-report
Global Biomarkers Market Dynamics:
- The increasing significance of companion diagnostics is anticipated to drive the demand for the Global biomarkers market. In addition, the increasing prevalence of cancer, and growing investment in biomarker research are anticipated to fuel the growth of the Global market. Furthermore, the increase in demand for personalized medicine will provide the opportunity for the growth of the Global market. However, the high capital investments and lengthy timelines for biomarker development may restrain the growth of the target market.
Global Biomarkers Market Segmentation:
- Type:
• Biomarker Test kit
• Biomarker Analyser
By type, the biomarker test kits type segment is anticipated to drive the Global market, due to the high demand for the test kit in Asia pacific region
- Application:
• Diagnostic
• Drug Discovery & Development
By application, the drug discovery segment is anticipated to dominate the market. This is due to the pharmaceutical and biotechnology companies focusing more on wide R&D initiatives to develop targeted therapeutics.
- Disease:
• CVD
• Cancer
• Infectious Diseases
By disease indication, the infectious diseases segment accounted for the largest revenue share of the market. The rising incidence of infectious diseases and the COVID-19 pandemic drive the growth of the Global market.
- Competitive Analysis for Biomarkers Market: Abbott Laboratories, Agilent Technologies, Aushon Biosystem, Bio Rad Laboratories, Eisai, Epistem, Ge Healthcare, Roche Diagnostics, Siemens, Thermo Fisher Scientific
Get free sample pages of latest published Biomarkers Market Report: https://www.cognitivemarketresearch.com/biomarkers-market-report
Regional Analysis:
- North America accounted for the largest revenue share of the Global market. This can be attributed to the higher acceptance rate of biomarkers for disease diagnostics, particularly for cancer, and an increase in the use of biomarkers in personalized medicine. On the other hand, Asia Pacific is anticipated to register the fastest growth rate during the projected period. The increasing prevalence of cancer and growing research initiatives in developing nations like India and China drive the demand for the target market.
A higher acceptance rate of biomarkers for disease diagnostics, particularly in the diagnosis of cancer, and an increase in the use of biomarkers in personalized medicine.
News:
- January 2020,
Merck KGaA (Germany) collaborated with the Council of Scientific and Industrial Research's Institute of Microbial Technology (CSsIR-IMTECH) in India
Merck KGaA (Germany) opened a non-profit, high-tech skill development center and collaborated with the Council of Scientific and Industrial Research's Institute of Microbial Technology (CSsIR-IMTECH) in Chandigarh, India. The facility has tools for genome-editing, single-molecule biomarker detection, and other life science education purposes.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Biomarkers Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Biomarkers Market Segmentation
1.5.1 Biomarkers Market Regional Fragmentation
1.5.1 Biomarkers Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Biomarkers Market
• 3.1 Global Biomarkers Market Size 2018 - 2030, (USD Million)
• 3.2 Global Biomarkers Market Statistics 2022: Snapshot
Chapter 4 Global Biomarkers Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Biomarkers Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Biomarkers Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Biomarkers Market by Disease Segmentation Analysis (2018-2030)
Chapter 11 Global Biomarkers Market Regional Analysis
Chapter 12 North America Biomarkers Market Outlook (2018 - 2030)
Chapter 13 Europe Biomarkers Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Biomarkers Market Outlook (2018 - 2030)
Chapter 15 Latin America Biomarkers Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Biomarkers Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Biomarkers Market TOC click here: https://www.cognitivemarketresearch.com/biomarkers-market-report#table_of_contents
Related Report:
• Cardiac Biomarkers Market- https://www.cognitivemarketresearch.com/cardiac-biomarkers-market-report
• Genomic Biomarker Market- https://www.cognitivemarketresearch.com/genomic-biomarker-market-report
• Neurological Biomarkers Market- https://www.cognitivemarketresearch.com/neurological-biomarkers-market-report
• Tumor Biomarker Market- https://www.cognitivemarketresearch.com/tumor-biomarker-test-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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