Press release
Immuno-Oncology Assays Market Poised for Expansion Amid Rising Cancer Cases | Most Leading Companies like Merck KGaA, Thermo Fisher Scientific Inc., Crown Bioscience, Lunaphore Technologies SA., Eve Technologies.
Global Immuno Oncology Assays Market is expected to reach at a high CAGR during the forecast period 2024-2031.Immuno Oncology Assays Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Immuno-oncology assays are diagnostic tests used to evaluate the immune system's response to cancer and assess biomarkers for immunotherapy effectiveness. These assays help in drug development, treatment monitoring, and personalized cancer therapy by analyzing immune cell activity and tumor interactions.
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List of the Key Players in the Immuno Oncology Assays Market:
Merck KGaA, Thermo Fisher Scientific Inc., Crown Bioscience, Lunaphore Technologies SA., Eve Technologies., Vivia Biotech S.L, Illumina, Inc., Bio-Rad Laboratories, Inc, Charles River Laboratories, PerkinElmer Inc.
Industry Development:
In April 2023, ANGLE plc signed a contract with Crescendo Biologics to use its newly launched flex assay for treating PSMA-positive solid tumors.
In September 2023, Cytek Biosciences announced Cytek Reveal, a global roadshow starting October 5, showcasing its Full Spectrum Profiling (FSP) technology for immuno-oncology testing.
In May 2023, Memorial Sloan Kettering Cancer Center (MSK) committed $40M to establish the Marie-Josée Kravis Center for Cancer Immunobiology, advancing immuno-oncology research, cell engineering, and immuno-diagnostics.
Growth Forecast Projected:
The Global Immuno Oncology Assays Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Immuno Oncology Assays Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Immuno Oncology Assays Market:
By Products and Services: Instruments, Consumables, Software and Services
By Assay Type: Cell proliferation assays, Cell migration & invasion assays, Phagocytosis assays, Immune cell killing assays, Others
By Technology: PCR, NGS, ISH, Immunoassay, Flow Cytometry, Others
By Indication: Colorectal Cancer, Breast Cancer, Lung Cancer, Melanoma, Others
By End User: Academic Institutes, Research Organizations, Diagnostics centers, Others
Regional Analysis for Immuno Oncology Assays Market:
The regional analysis of the Immuno Oncology Assays Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Immuno Oncology Assays market?
➠ Who are the leading manufacturers in the global Immuno Oncology Assays industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Immuno Oncology Assays industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Immuno Oncology Assays market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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