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Global Clinical Biomarkers Market 2023 Trends Analysis, Increasing Demand, Global Outlook And Forecast To 2032 | Major Players Are Johnson and Johnson Services Inc., F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Co

11-30-2023 06:08 AM CET | Health & Medicine

Press release from: The Business research company

Clinical Biomarkers Market

Clinical Biomarkers Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Template Global Market Report 2023 identifies High cancer prevalence as the major driver for the Clinical Biomarkers Market's growth in the forecast period. Clinical biomarkers play a crucial role in cancer prevention by aiding in early detection, risk assessment, and monitoring of individuals at high risk for developing cancer.

The global clinical biomarker market is expected to grow from $24.96 billion in 2022 to $27.66 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. 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, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The clinical biomarker market is expected to reach $41.07 billion in 2027 at a CAGR of 10.4%.

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Major competitors in the clinical biomarkers market are Johnson and Johnson Services Inc., F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Merck KGaA, Becton Dickinson and Company, Eurofins Scientific, Agilent Technologies Inc., Epigenomics AG, Grifols S.A., Illumina Inc., BioMerieux SA., Charles River Laboratories International Inc., PerkinElmer Inc., Sartorius AG, Sysmex Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Qiagen N.V., Myriad Genetics Inc., Luminex Corporation, Veracyte Inc., Centogene N.V., NanoString Technologies Inc., Enzo Biochem Inc., Biocartis Group NV, Agendia Inc., and Siemens Healthcare Private Limited.

A key trend in the Clinical Biomarkers Market includes technological advancement. Major companies operating in the clinical biomarker market are developing innovative technologies to sustain their position in the market. For instance, in June 2023, Veravas Inc., a US-based manufacturer of medicinal products for enhancing laboratory medicine, launched VeraBIND (Biomarker Isolation and N-enrichment for Detection) technology. It provides a uniquely innovative and comprehensive approach that enhances the precision of biomarker identification and reduces the likelihood of false positive or negative results across a range of sample types. Clinical laboratories can improve their diagnostic procedures and aid in early disease detection by putting this invention into practice, allowing for prompt and focused interventions. Additionally, VeraBIND paves the path for quicker assay creation, providing precision and consistency in studies, clinical studies, and diagnostic screenings.

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The Clinical Biomarkers Market is segmented -
By Offering: Product, Service
By Technology: Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Immunohistochemistry (IHC), Enzyme-Linked Immunosorbent Assay (ELISA), Other Technologies
By Clinical Area: Cancer Biomarker, Cardiac Biomarker, Neurological Biomarker, Infectious Disease Biomarker, Immunological Biomarker, Non-Invasive Prenatal Testing, Other Clinical Areas
By Application: Clinical Diagnostic, Translational Research
By End User: Contract Research Organizations (CROs), Research and Academic Laboratories, Biopharmaceutical and Biotech Companies, Diagnostic Centers, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Clinical Biomarkers Market.

The Business Research Company's "Global Clinical Biomarkers 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 Clinical Biomarkers Market Include:
1. Executive Summary
2. Clinical Biomarkers Market Characteristics
3. Clinical Biomarkers Market Trends And Strategies
4. Clinical Biomarkers Market - Macro Economic Scenario
5. Global Clinical Biomarkers Market Size and Growth
……
32. Global Clinical Biomarkers Market Competitive Benchmarking
33. Global Clinical Biomarkers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Clinical Biomarkers Market
35. Clinical Biomarkers Market Future Outlook and Potential Analysis
36. Appendix

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