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As cancer cases and deaths rise, the Global Companion Diagnostics Market is expected to grow significantly.

11-29-2023 10:28 AM 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/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

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.

The India companion diagnostics market is likely to grow with a CAGR of 14.28% in terms of revenue across the estimated period, capturing a revenue share of $302.28 million by 2028.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/india-companion-diagnostics-market/

Global Companion Diagnostics Market Scenario

The growing prevalence of precision medicine, the rise in adverse medication responses, and the rising number of cancer cases and deaths are driving growth in the worldwide companion diagnostics market.

According to the World Health Organization (WHO), cancer is the second most common cause of death worldwide, taking one in six lives to a conclusion, after cardiovascular disorders. In addition, it is projected that 10 million deaths worldwide in 2020 were attributable to cancer. As a result, as cancer has become more common, medical research and treatment methods have advanced throughout time.

However, the effect of cancer is predicted to increase in the future due to the rising adoption of unhealthy lifestyles, such as smoking, poor food, and inactivity, in emerging nations. One drug for all diseases is no longer the case, even if researchers are still working to find the best therapies possible. Instead, there are now "many medicines for one disease." Because of this, precision medicine has become increasingly popular, which will increase demand for and usage of companion diagnostics throughout the projection 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://www.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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Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

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