Oncology Biomarkers Market Report 2023-2032: Revenue Trends, Insights, Size, Share And Growth | F Hoffmann-La Roche AG, Novartis AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Eli Lilly and Company

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 Oncology Biomarkers Global Market Report 2023 identifies rising incidence of cancer as the major driver for the Oncology Biomarkers market's growth in the forecast period. Cancer is a disease in which some cells of the body grow uncontrollably and slowly spread to the rest of the body. Oncological biomarkers provide more information about the type of cancer by looking at the genes, proteins, and other substances in a person's body.

The global oncology biomarkers market is expected to grow from $11.92 billion in 2022 to $13.68 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%. 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 oncology biomarkers market is expected to reach $23.01 billion in 2027 at a CAGR of 13.9%.

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Major competitors in the Oncology Biomarkers market are F Hoffmann-La Roche AG, Novartis AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Eli Lilly and Company.

A key trend in the Oncology Biomarkers market includes Adopting innovative and advanced technologies. Major companies in the oncology biomarkers market are introducing new and innovative technologies to strengthen their position in the oncology biomarkers market. For instance, in 2022, OncoDNA, a Belgium-based company focused on precision medicine in oncology, launched OncoDEEP, a unique kit that enables laboratories to perform comprehensive biomarker testing. OncoDEEP uses Next-generation sequencing (NGS) technology and cloud-based software tools to provide laboratories with the ability to perform large-panel sequencing, obtain the molecular characterization of a tumor, analyze the raw data, and access extensive quality controls.

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The Oncology Biomarkers market is segmented -

1. By Biomarker Type: Protein Biomarkers, Genetic Biomarkers, Other Cancer Biomarkers
2. By Profiling Technologies: Omics Technologies, Imaging Technologies, Immunoassay, Bioinformatics, Other Profiling Technologies
3. By Cancer Type: Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Melanoma, Leukemia, Ovarian Cancer, Liver Cancer, Other Cancer Types
4. By Application: Diagnostics, Research And Development, Prognostics, Risk Assessment, Other Applications
5. By End-User: Hospitals, Academic And Cancer Research Institutes, Ambulatory Surgical Centers, Diagnostic Laboratories
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Oncology Biomarkers market.

The Business Research Company's "Global Oncology 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 Oncology Biomarkers Market Include:

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

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