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Exosome Diagnostic And Therapeutic Market Research Report 2023-2032: Market Size, Trends, Industry Growth And Analysis | Thermo Fisher Scientific Inc., Lonza Group AG, Bio-Techne Corp., Miltenyi Biotec GmBH, Malvern Instruments Inc
Exosome Diagnostic And Therapeutic Market
The Business Research Company's Exosome Diagnostic And Therapeutic Global Market Report 2023 identifies rising prevalence of chronic diseases as the major driver for the Exosome Diagnostic And Therapeutic market's growth in the forecast period. Chronic disease is a form of illness that lasts three months or more and can deteriorate with time. Diagnostic and therapeutic applications of exosomes act as possible biomarkers in cancer that provide more sensitive disease monitoring, making personalized medicine more reachable.
The global exosome diagnostic and therapeutic market is expected to grow from $0.28 billion in 2022 to $0.36 billion in 2023 at a compound annual growth rate (CAGR) of 31.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The exosome diagnostic and therapeutic market is expected to reach $1.01 billion in 2027 at a CAGR of 29.2%.
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Major competitors in the Exosome Diagnostic And Therapeutic market are Thermo Fisher Scientific Inc., Lonza Group AG, Bio-Techne Corp., Miltenyi Biotec GmBH, Malvern Instruments Inc.
A key trend in the Exosome Diagnostic And Therapeutic market includes Product innovation. Major companies operating in the exosome diagnostics and therapeutics market are concentrating on creating innovative products to strengthen their position in the market. For instance, in April 2020, Bio-Techne Corporation, a US-based manufacturer of biotechnology products, launched the ExoDx Prostate Test At-Home Collection Kit for patients worried about their prostate health. The at-home collection kit offers a quick and affordable option that permits a telemedicine or telehealth opportunity for doctors and their patients who share irritation, anxiety, and terror over whether the patient harbors high-grade prostate cancer. The ExoDx Prostate test is a genetic, urine-based test that aids in the decision to perform a prostate biopsy.
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The Exosome Diagnostic And Therapeutic market is segmented -
1. By Product: Instruments, Software, Reagents And Kits
2. By Application: Diagnostics, Therapeutic
3. By End User: Academic And Research Institutes, Pharmaceutical And Biotechnology Companies, Hospitals And Clinics, Other End Users
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Exosome Diagnostic And Therapeutic market.
The Business Research Company's "Global Exosome Diagnostic And Therapeutic Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Exosome Diagnostic And Therapeutic Market Include:
1. Executive Summary
2. Exosome Diagnostic And Therapeutic Market Characteristics
3. Exosome Diagnostic And Therapeutic Market Trends And Strategies
4. Exosome Diagnostic And Therapeutic Market - Macro Economic Scenario
……
32. Global Exosome Diagnostic And Therapeutic Market Competitive Benchmarking
33. Global Exosome Diagnostic And Therapeutic Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Exosome Diagnostic And Therapeutic Market
35. Exosome Diagnostic And Therapeutic Market Future Outlook and Potential Analysis
36. Appendix
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