Press release
Cancer Biomarkers Market: Growth, Trends, and Key Insights for 2025 | Top prominent players - QIAGEN N.V., Illumina, Inc., Bio-Rad Laboratories, Inc.
Cancer Biomarkers Market
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The Global Cancer Biomarker Market reached USD 13.2 billion in 2022 and is expected to witness lucrative growth by reaching up to USD 32.5 billion by 2031. The global cancer biomarker market is expected to exhibit a CAGR of 12.3% during the forecast period (2024-2031).
The Cancer Biomarkers Market involves the use of specific biological indicators to detect, diagnose, and monitor cancer. These biomarkers can be proteins, genes, or other molecules that signal the presence or progression of cancer. They are crucial for personalized medicine, helping to tailor treatments based on individual cancer profiles, thus improving outcomes and reducing side effects.
Competitive Evaluation:
Companies covered in this report are F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific, Inc., QIAGEN N.V., Illumina, Inc., Bio-Rad Laboratories, Inc., Abbott Laboratories, bioMérieux SA, Enzo Biochem, Inc., Merck Millipore, Micron Technology, among Others.
The Cancer Biomarkers Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.
Key Development
On April 25, 2023, Guardant Health, Inc., a leader in precision oncology, and the Parker Institute for Cancer Immunotherapy (PICI), renowned for its expertise in immuno-oncology (IO), entered into a research collaboration. This agreement focuses on exploring the relationship between molecular cancer biomarkers and patient responses to immunotherapy treatments across more than 14 cancer types. The partnership aims to enhance understanding of how biomarker-driven approaches can optimize immunotherapy efficacy.
On November 24, 2022, OncoDNA, a precision medicine company specializing in cancer and genetic disease treatments, partnered with Eli Lilly Italia to enhance access to biomarker testing for thyroid cancer patients in Italy. This collaboration aims to support personalized treatment selection, ensuring patients receive the most effective therapies based on their unique genetic profiles.
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Cancer Biomarkers Market Segments
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Cancer Indication: Sarcoma, Colorectal Cancer, Cervical Cancer, Lung Cancer, Breast Cancer.
By Biomarker Type: PSA, HER-2, EGFR, KRAS, Others.
By Profiling Technology: Omics Technologies, Cytogenetics, Immunoassays, Imaging Technologies, Bioinformatics.
By End User: Hospitals, Academic and Cancer Research Institutes, Ambulatory Surgical Centers, Diagnostic Laboratories.
Regional Assessment:
Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Cancer Biomarkers market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.
⇥ 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)
In terms of geographical analysis, Cancer Biomarkers Market report provides an in-depth view of:-
∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies
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This report provides a 360-degree synopsis of the competitive scenario of the Cancer Biomarkers industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.
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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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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