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HER2 Testing Market Expected to Surpass USD 259.4 Mn by 2031, with a 7.3% CAGR - Transparency Market Research, Inc.
The HER2 testing market (HER2 검사 시장) is a pivotal segment in modern oncology, playing a crucial role in the diagnosis and treatment of HER2-positive cancers, particularly breast cancer. As advancements in diagnostic techniques continue to unfold and personalized medicine gains traction, the HER2 testing market has witnessed significant growth. This blog post explores the current market landscape, the various HER2 testing techniques, the key players, and the future outlook for this vital industry.The global HER2 testing market was valued at US$ 135.2 million in 2022 and is projected to advance at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2031, reaching over US$ 259.4 million by the end of 2031. This growth trajectory is driven by the increasing prevalence of HER2-positive cancers and the growing adoption of personalized medicine. Advancements in diagnostic technologies have also significantly enhanced the accuracy and efficiency of HER2 testing methods, contributing to the market's expansion. The market is characterized by the presence of a few large companies that dominate the landscape, making significant investments in research and development to innovate and expand their product portfolios.
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Types of HER2 Testing Techniques
Fluorescence in situ Hybridization (FISH): FISH is a widely used technique that employs fluorescent probes to detect HER2 gene amplification in tumor cells. This method is highly specific and sensitive, making it a reliable tool for identifying HER2-positive cancers. FISH is often used in conjunction with other diagnostic methods to confirm HER2 status, ensuring that patients receive the most appropriate and effective treatment.
Dual-probe and Single-probe Testing: Dual-probe testing involves using two different probes to simultaneously detect HER2 gene amplification and chromosome 17 copy number. This method provides a comprehensive assessment of HER2 status, helping to distinguish between true HER2-positive cases and those with polysomy 17. Single-probe testing, on the other hand, uses only one probe to detect HER2 gene amplification. While less comprehensive than dual-probe testing, it remains a valuable tool for initial HER2 screening and can be supplemented with additional tests if needed.
Chromogenic in situ Hybridization (CISH): CISH is a technique that uses chromogenic substrates instead of fluorescent dyes to detect HER2 gene amplification. This method allows for the permanent preservation of tissue samples, enabling pathologists to review the results using standard bright-field microscopy. CISH offers the advantage of being less expensive and more accessible than FISH, making it a popular choice in many clinical settings.
Silver-enhanced in situ Hybridization (SISH): SISH is similar to CISH but uses silver nanoparticles to enhance signal detection. This technique provides high-resolution images and allows for the simultaneous detection of HER2 gene amplification and other molecular markers. SISH is particularly useful in cases where FISH or CISH results are inconclusive, offering an additional layer of diagnostic accuracy.
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Key Market Drivers
Rising Prevalence of HER2-positive Cancers: The increasing incidence of HER2-positive breast cancer and other cancers is a major driver of the HER2 testing market. As the global burden of cancer continues to rise, the demand for accurate and reliable diagnostic tests is growing, leading to the widespread adoption of HER2 testing techniques in clinical practice.
Advancements in Diagnostic Technologies: Technological advancements in molecular diagnostics have significantly improved the accuracy, sensitivity, and specificity of HER2 testing methods. Innovations such as digital pathology, next-generation sequencing, and automated image analysis are enhancing the capabilities of existing HER2 testing techniques and paving the way for new diagnostic approaches.
Adoption of Personalized Medicine: The shift towards personalized medicine, where treatment decisions are based on the genetic and molecular characteristics of individual patients, is driving the demand for HER2 testing. Accurate determination of HER2 status is essential for selecting targeted therapies, such as trastuzumab and pertuzumab, which have shown significant efficacy in HER2-positive cancers.
Challenges and Restraints
High Costs: The high costs associated with advanced HER2 testing techniques, such as FISH and SISH, can be a barrier to widespread adoption, particularly in resource-limited settings. The expenses related to equipment, reagents, and skilled personnel can limit the accessibility of these tests, underscoring the need for cost-effective alternatives.
Regulatory and Reimbursement Issues: Regulatory and reimbursement challenges can impact the adoption of HER2 testing. Ensuring compliance with stringent regulatory standards and securing reimbursement from healthcare payers can be complex and time-consuming, potentially hindering market growth.
Variability in Testing Standards: Variability in testing standards and protocols across different laboratories and regions can affect the consistency and reliability of HER2 testing results. Standardizing testing methodologies and implementing rigorous quality control measures are essential to ensure accurate and reproducible results.
Key Players in the Market
Abbott Laboratories: Abbott is a leading player in the HER2 testing market (Marché des tests HER2), offering a range of diagnostic solutions, including FISH and CISH kits. The company focuses on developing innovative products and expanding its global presence through strategic partnerships and acquisitions.
Hoffmann-La Roche Ltd: Roche is a major player in the HER2 testing market, with a strong portfolio of diagnostic products, including the widely used Ventana HER2/neu (4B5) assay. The company invests heavily in research and development to maintain its competitive edge and expand its product offerings.
Agilent Technologies, Inc.: Agilent provides a range of HER2 testing solutions, including dual-probe and single-probe FISH kits. The company's emphasis on technological innovation and strategic collaborations has helped it establish a strong presence in the market.
Thermo Fisher Scientific, Inc.: Thermo Fisher offers a comprehensive suite of HER2 testing products, including FISH and CISH kits. The company's focus on customer-centric solutions and continuous product development has made it a key player in the market.
Leica Biosystems (Danaher Corporation): Leica Biosystems provides advanced HER2 testing solutions, including automated image analysis systems and CISH kits. The company's commitment to improving diagnostic accuracy and efficiency has positioned it as a leader in the market.
Empire Genomics, Inc. (Biocare Medical, LLC): Empire Genomics specializes in molecular diagnostic products, offering a range of HER2 testing solutions, including FISH and SISH kits. The company's focus on precision medicine and customized diagnostic solutions has contributed to its growth in the market.
Bio-Genex Laboratories: Bio-Genex offers a variety of HER2 testing products, including automated staining systems and CISH kits. The company's emphasis on innovation and quality has helped it build a strong reputation in the market.
Abnova Corporation: Abnova provides a range of HER2 testing solutions, including FISH kits and antibodies for immunohistochemistry. The company's focus on developing high-quality diagnostic reagents and expanding its global footprint has made it a key player in the market.
Oxford Gene Technology IP Limited (Sysmex Corporation): Oxford Gene Technology offers a suite of HER2 testing products, including FISH and CISH kits. The company's emphasis on technological innovation and strategic partnerships has helped it establish a strong presence in the market.
Future Outlook
The future of the HER2 testing market looks promising, with continuous advancements in diagnostic technologies and increasing adoption of personalized medicine driving growth. Key players are expected to focus on developing cost-effective and accessible testing solutions to expand their reach in emerging markets. Additionally, the integration of digital pathology and artificial intelligence in HER2 testing is likely to enhance diagnostic accuracy and efficiency, paving the way for new opportunities in the market.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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