Press release
Companion Diagnostics Market Share, Business Size, Growth Factors and Forecast To 2031
The research analysis on the global Companion Diagnostics Market report 2024 offers a close watch on top industry rivals along with briefings on their company profiles, strategical surveys, micro as well as macro industry trends, futuristic scenarios, analysis of pricing structure, and an all-encompassing overview of the Companion Diagnostics Market circumstances in the forecast period between 2024 and 2031. The global Companion Diagnostics Market is a dynamic and rapidly evolving sector, encompassing the development, production, and distribution. This market is essential for improving global market and driving economic growth through innovation and industry advancements.
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Market Growth
The Companion Diagnostics Market has experienced robust growth over the past decade and is projected to continue expanding. The Global Companion Diagnostics Market is poised to grow from USD 7.37 Bn in 2023 to USD 17.48 Bn by 2031, at a CAGR of 11.4% over the forecast period 2024-2031 This growth is driven by several factors, including an aging global population, increasing prevalence of advancements in technology, and rising global expenditure.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
The Companion Diagnostics Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs.
Product and Services
Assays, Kits, Reagents, and Software & Services
Technology
PCR and ISH
Indication
Cardiovascular and oncology
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Regional Analysis:
On the basis of region, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The Companion Diagnostics Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Essential regions of the Companion Diagnostics market are:
- Companion Diagnostics North America Market includes (Canada, Mexico, USA)
- Companion Diagnostics Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
- Companion Diagnostics Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
- Companion Diagnostics South America Market includes (Brazil, Argentina)
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Future Outlook
The Companion Diagnostics Market is poised for continued growth driven by technological advancements, expanding global market access, and increasing global industry needs. As the industry adapts to evolving challenges and seizes emerging opportunities, it is likely to see ongoing innovation and expansion, contributing significantly to global health and economic development."
Top Player's Company Profiles
Abbott
IDVet
F. Hoffmann-La Roche Ltd.
Agilent Technologies, Inc.
AniCell Biotech
Illumina, Inc.
Guardant Health
Heska Corporation
Thermo Fisher Scientific Inc.
BIOMERIEUX
NEOGEN Corporation
Zoetis Inc.
QIAGEN
Myriad Genetics, Inc.
Virbac SA
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SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.
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