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Global Companion Diagnostics Market to Record Significant Growth as Cancer Cases & Mortalities Rise

10-11-2023 12:53 PM CET | Health & Medicine

Press release from: Inkwood Research

COMPANION DIAGNOSTICS MARKET

COMPANION DIAGNOSTICS MARKET

According to a new market research report launched by Inkwood Research, the Global Companion Diagnostics Market is set to grow with a CAGR of 13.29% and generate a revenue of $15441.90 million during the forecast period of 2022 to 2030.

Browse 55 market data Tables and 49 figures spread over 230 Pages, along with an in-depth analysis of the Global Companion Diagnostics Market by Technology, Indication, Products & Services, End-User, & by Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/companion-diagnostics-market/

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Companion Diagnostics Market Scenario

The global companion diagnostics market growth is driven by the rising popularity of precision medicine, the increasing number of adverse drug reactions, and the surging number of cancer cases and mortalities.

As per the World Health Organization (WHO), following cardiovascular illnesses, cancer is the second-leading cause of mortality globally, accounting for nearly one in six fatalities. Furthermore, an estimated 10 million people died because of cancer-related causes in the year 2020. Hence, the increasing prevalence of cancer has bolstered the development of treatment strategies as well as medicine over the years.

On the other hand, owing to the increasing adoption of unhealthy lifestyles in emerging countries, such as poor diet, smoking, and physical inactivity, the future impact of cancer is expected to be higher. While researchers continue to push the limit in terms of pursuing appropriate treatments, the concept of 'one medicine for all diseases has paved the way for 'many medicines for one disease.' As a result, precision medicine has significantly gained ground, thereby fueling the demand and adoption of companion diagnostics over the forecasting period.

The Global Companion Diagnostics Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Companion Diagnostics Market by Products & Services, Technology, Indication, End-User, & by Geography: https://inkwoodresearch.com/reports/companion-diagnostics-market/#request-free-sample

Market Segmentation

Market by Indication:
• Oncology
• Neurology
• Infectious Disease
• Other Indications

Market by Technology:
• In Situ Hybridization
• Polymerase Chain Reaction
• Immunohistochemistry
• Next Generation Sequencing
• Other Technologies

Market by End-User:
• Pharmaceutical and Biopharmaceutical Companies
• Reference Laboratories
• Other End-Users

Market by Products & Services:
• Assay Kits & Reagents
• Software & Services

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled
• BIOMERIEUX SA
• ROCHE DIAGNOSTICS
• DANAHER CORPORATION
• ILLUMINA INC
• ABBOTT LABORATORIES
• AGILENT
• ALAMC GROUP
• GE HEALTHCARE
• ARUP LABORATORIES
• BIOCARTIS
• MYRIAD GENETICS INC
• QIAGEN NV
• SYSMEX CORPORATION
• THERMO FISHER SCIENTIFIC INC
• GENOMIC HEALTH

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Inkwood Research
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Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

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