openPR Logo
Press release

Europe Personalized Medicine Biomarkers Market to Maintain Steady Growth at 15.3% CAGR Through 2031 | Persistence Market Research Report

03-21-2025 10:23 AM CET | Health & Medicine

Press release from: Persistence Market Research

Europe Personalized Medicine Biomarkers Market

Europe Personalized Medicine Biomarkers Market

Overview of the Europe Personalized Medicine Biomarkers Market

The Europe Personalized Medicine Biomarkers Market is projected to experience significant growth, with a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031. The market is expected to increase from US$ 5.2 billion in 2024 to approximately US$ 14.1 billion by 2031. Personalized medicine, which tailors medical treatment to individual characteristics such as genetic makeup, is a critical aspect of modern healthcare. This shift towards more individualized therapies is driven by advances in genomics, biotechnology, and diagnostics.

Several key growth drivers fuel the expansion of the personalized medicine biomarkers market in Europe. These include the growing demand for precision medicine, particularly in oncology and genetic disorders, advancements in diagnostic technologies like next-generation sequencing (NGS), and the increased emphasis on early disease detection. Additionally, supportive European government initiatives such as Horizon 2020 and the European Innovation Partnership on Active and Healthy Ageing (EIP-AHA) promote research and development in this field, fostering innovation. Among the leading segments, oncology stands out as the dominant field, driven by the rise of biomarker-driven therapies and targeted treatments in cancer care. Geographically, Germany leads the market, owing to its robust healthcare infrastructure, strong investments in research and development, and a supportive regulatory environment.

Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/34951

Key Highlights from the Report

• Next-generation sequencing (NGS) technology accelerates biomarker discovery and diagnostic accuracy.
• European policies like Horizon 2020 and EIP-AHA are driving research and investment in precision medicine.
• Increasing integration of biomarker-driven therapies enhances personalized care in oncology and genetic disorders.
• Strong partnerships between pharma, biotech, and diagnostic companies are advancing biomarker discovery and personalized treatments.
• The oncology segment is expected to achieve a CAGR of 14.4% by 2031.
• Early detection/screening applications are projected to show a CAGR of 16.3% by 2031.

Market Segmentation

The Europe personalized medicine biomarkers market is segmented based on product type, indication, application, and end-user, with notable distinctions among each. By product type, the market is mainly divided into diagnostic tests, biomarkers, and related technology solutions. The diagnostic tests are widely used in clinical practice for detecting specific molecular and genetic variations in patients. Biomarkers, on the other hand, play a critical role in identifying disease states, understanding disease progression, and personalizing treatment regimens.

In terms of application, the market is largely driven by oncology, where biomarkers play an essential role in detecting cancer and providing targeted therapies. The early detection and screening application segment is also growing rapidly, as biomarkers are increasingly used for preventive care and early-stage disease identification, such as in genetic disorders and cardiovascular diseases. The market end-users include hospitals, research laboratories, diagnostic centers, and pharmaceutical companies, all of which contribute to the broader ecosystem of personalized medicine.

Regional Insights

Europe's personalized medicine biomarkers market is highly diversified, with some countries leading in market development and adoption. Germany is expected to dominate the market with a CAGR of 14.2% through 2031. The country's strong healthcare infrastructure, well-established research institutions, and government initiatives focused on genomic research and personalized medicine provide a solid foundation for growth. Additionally, Germany's regulatory environment, governed by the European Medicines Agency (EMA), supports quick approval of new biomarker-based therapies and diagnostics.

Other European countries, such as France, the UK, and Italy, also show considerable market potential due to their investments in precision medicine research, clinical trials, and healthcare systems. However, Germany's position as a leader is driven by its substantial R&D activities and the successful integration of biomarkers into clinical protocols, which further enhances the adoption of personalized medicine across the region.

Market Drivers

Several factors are driving the growth of the Europe personalized medicine biomarkers market. First, the increasing demand for targeted therapies is a significant contributor. Targeted therapies, especially in oncology, are becoming the preferred treatment method due to their ability to focus on specific genetic mutations or molecular pathways that drive disease progression. This approach leads to better treatment efficacy and fewer side effects compared to traditional therapies, which is driving the adoption of biomarkers to guide treatment decisions.

Another key driver is the growing use of liquid biopsy technologies. Liquid biopsies offer a non-invasive alternative to traditional tissue biopsies, allowing for the detection of biomarkers like circulating tumor DNA (ctDNA) and circulating tumor cells (CTCs) from blood samples. This technology is gaining traction for its ability to detect cancers at earlier stages, monitor treatment response, and track disease progression, all of which are crucial for personalized treatment strategies.

Market Restraints

Despite its growth prospects, the Europe personalized medicine biomarkers market faces several restraints. High costs associated with advanced diagnostic tests and therapies are a major challenge. Personalized medicine often involves expensive biomarker testing, advanced genomic tools, and specialized treatments, which may be inaccessible to some patients. This issue is particularly prevalent in rural or less-developed areas, where healthcare infrastructure is not as advanced, further exacerbating healthcare inequities.

Another restraint is the ethical and privacy concerns related to the use of genetic data for personalized medicine. While personalized medicine offers numerous benefits, it requires the collection and analysis of sensitive genetic information, raising concerns about data security, privacy, and genetic discrimination. These ethical issues can lead to reluctance among patients to undergo genetic testing, hindering the widespread adoption of personalized biomarkers in clinical practice.

Market Opportunities

The Europe personalized medicine biomarkers market presents several growth opportunities, particularly through the adoption of advanced genomic technologies. Technologies such as next-generation sequencing (NGS), CRISPR gene-editing, and single-cell RNA sequencing are at the forefront of genomic innovations. These technologies offer more accurate, comprehensive, and affordable methods for identifying biomarkers, enabling more effective personalized treatments.

Additionally, there is growing demand for non-invasive biomarker testing. Non-invasive methods like liquid biopsy are increasingly preferred by patients due to their comfort and lower risk compared to traditional biopsy techniques. These methods not only allow for early disease detection but also provide real-time insights into treatment response and disease progression, making them invaluable tools in personalized medicine.

Reasons to Buy the Report

✔ Comprehensive market insights offering in-depth analysis of key trends and forecasts.
✔ Detailed segmentation based on product types, applications, indications, and end-users.
✔ Regional insights highlighting market potential and growth drivers across key European countries.
✔ Competitive landscape analysis featuring key players and their strategic initiatives.
✔ Actionable recommendations to support informed decision-making for businesses looking to capitalize on the market's growth.

Frequently Asked Questions (FAQs)

1. How Big is the Europe Personalized Medicine Biomarkers Market?
2. Who are the Key Players in the Global Europe Personalized Medicine Biomarkers Market?
3. What is the Projected Growth Rate of the Market?
4. What is the Market Forecast for Europe Personalized Medicine Biomarkers for 2031?
5. Which Region is Estimated to Dominate the Europe Personalized Medicine Biomarkers Market through the Forecast Period?

Company Insights

Key players operating in the Europe Personalized Medicine Biomarkers Market include:

• Thermo Fisher Scientific Inc.
• Illumina, Inc.
• Roche Diagnostics
• NeoGenomics Laboratories
• Guardant Health
• Bio-Rad Laboratories
• Agilent Technologies, Inc.
• PerkinElmer
• Quest Diagnostics Incorporated
• Foundation Medicine, Inc.

Recent Developments:

• In August 2024, Illumina, Inc. received U.S. FDA approval for its in vitro diagnostic (IVD) TruSightTM Oncology Comprehensive test.
• In April 2024, Bio-Rad Laboratories, Inc. launched its ddPLEX ESR1 Mutation Detection Kit, allowing simultaneous detection of multiple mutations in a single well.

In conclusion, the Europe Personalized Medicine Biomarkers Market is poised for substantial growth, driven by technological innovations, government support, and an increasing focus on precision medicine across the healthcare system. Despite facing challenges such as high costs and privacy concerns, the market presents numerous opportunities for companies to innovate and address the growing demand for personalized healthcare solutions.

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

Contact Us:

Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Europe Personalized Medicine Biomarkers Market to Maintain Steady Growth at 15.3% CAGR Through 2031 | Persistence Market Research Report here

News-ID: 3929439 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Europe

2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business. A new report as a Digital Strategy Consulting market that includes a comprehensive analysis
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • McKinsey • The Boston Consulting Group • Bain & Company • Booz & Co. • Roland Berger Europe • Oliver Wyman Europe • A.T. Kearney Europe • Deloitte • Accenture Europe Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB Market segment by Type, the product can be split into • Operations Consultants • Business Strategy Consultants • Investment Consultants • Sales and
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage. The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China. In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This