Press release
Clinical Biomarkers Market Adoption Increasing in Contract Research Organizations and Biopharma Companies
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Clinical Biomarkers Market - (By Offering (Product (Efficacy Biomarker (Diagnostic Biomarker, Predictive Biomarker, Prognostic Biomarker), Safety Biomarker, Validation Biomarker), Service (Genomic Biomarker Service, Tissue Biomarker Service, Cell Service, Proteomics Service), By Clinical Area (Cancer Biomarkers (Breast Cancer Biomarker, Lung Cancer Biomarker, Colorectal Cancer Biomarker, Prostate Cancer Biomarker, Other), Cardiac Biomarkers, Neurological Biomarkers, Infectious Disease, Immunological Biomarkers, Non-Invasive Prenatal Testing, Other Clinical Areas), By Technology (Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Immunohistochemistry (IHC), Enzyme-Linked Immunosorbent Assay (ELISA), Other Technologies), By End User (Contract Research Organizations (CROs), Research and Academic Laboratories, Biopharmaceutical and Biotech Companies, Diagnostic Centers, Other End Users)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Clinical Biomarkers Market is valued at US$ 25.02 Billion in 2023, and it is expected to reach US$ 47.25 Billion by 2031, with a CAGR of 8.54% during the forecast period of 2024-2031.
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Clinical biomarkers are measurable biological indicators that are essential for monitoring disease progression and enabling early diagnosis. Companies operating within the global clinical biomarkers market offer specialized diagnostic products and services that cater to both clinical and research applications. These solutions utilize advanced technologies to detect biomarkers linked to a wide range of oncological and non-oncological conditions.
The growing demand for accurate, early-stage diagnostic solutions has prompted healthcare providers to substantially increase investment in biomarker research and development. This trend is further reinforced by the expanding role of clinical biomarkers in drug discovery, development, and risk assessment, which collectively support market growth. A diverse array of testing platforms and analytical methodologies are being leveraged to identify and validate biomarkers across multiple disease categories.
Nevertheless, market expansion is constrained by the absence of standardized reimbursement frameworks in both developed and emerging regions. This limitation is particularly significant given the rising global prevalence of cancer, highlighting the urgent need for accessible, reliable, and cost-effective diagnostic solutions.
List of Prominent Players in the Clinical Biomarkers Market:
• F. Hoffmann-La Roche AG
• Epigenomics AG
• Abbott
• Thermo Fisher Scientific Inc
• General Electric
• Eurofins Scientific
• Johnson & Johnson Services, Inc.
• QIAGEN
• Bio-Rad Laboratories, Inc.
• Siemens Healthineers AG
• Merck KGaA
• PerkinElmer Inc.
• Agilent Technologies, Inc
• DiaMetra
• Others
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Market Dynamics
Drivers:
The global clinical biomarkers market is experiencing robust growth, largely driven by the increasing demand for advanced diagnostic solutions to address the rising incidence of cancer worldwide. Leading industry participants are adopting strategic initiatives, including the launch of innovative products and technological upgrades, to meet the growing need for high-precision diagnostics. The enhanced prevalence of various cancer types, coupled with improved access to accurate diagnostic instruments and expanded screening programs, has significantly bolstered early detection rates, thereby contributing to overall market expansion.
Challenges:
Despite promising growth prospects, the clinical biomarkers market faces several constraints. High operational and development costs, a limited availability of skilled professionals, and the lack of standardized clinical guidelines-particularly in developing regions affected by pandemic-related healthcare disruptions-pose significant challenges.
Additionally, obtaining reimbursement approval for biomarker tests necessitates substantial clinical evidence demonstrating test accuracy, improved patient outcomes, and cost-effectiveness. Generating such data can be resource-intensive and time-consuming, particularly for emerging biomarkers. Delays or inadequacies in reimbursement coverage may further impede the widespread adoption of innovative biomarker-based diagnostics.
Regional Trends:
North America is projected to retain a leading position in the clinical biomarkers market, driven by the extensive adoption of advanced diagnostic technologies, including next-generation sequencing (NGS), and a well-established clinical research infrastructure supporting biomarker utilization in cancer diagnostics, therapeutic monitoring, and drug development. Europe also holds a significant market share, underpinned by the growing application of biomarker testing for early cancer detection and the integration of state-of-the-art diagnostic technologies within regional laboratory networks.
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Recent Developments:
• In Feb 2024, Johnson & Johnson released the primary findings from two important studies involving the use of nipocalimab: the VIVACITY research, which is currently underway in adults with gMG, and the DAHLIAS study, which is currently underway in people with Sjögren's disease (SjD).
• In Feb 2024, Abbott and Fujirebio teamed up to provide a research-use-only test for neurofilament-light chain (NfL). The neurology biomarker assay will be accessible on Abbott's Alinity I instrument and will be provided to researchers doing studies showcasing the usefulness of the NfL biomarker, as stated by the firms. The companies plan to release the test by 2025, making it the initial RUO assay for the Alinity I system. The businesses mentioned that NfL is being investigated as a biomarker for many neurological illnesses such as multiple sclerosis, Alzheimer's disease, and traumatic brain injury.
• In June 2023, Roche declared that its Elecsys® beta-Amyloid (1-42) CSF II (Abeta42) and Elecsys® Total-Tau CSF tests (tTau) had obtained clearance from the U.S. Food & Drug Administration (FDA) under the 510(k) process. The Elecsys AD CSF Abeta42 and tTau assays quantify beta-amyloid and tau proteins, two indicators of Alzheimer's pathology, in persons aged 55 and above undergoing evaluation for the illness.
Segmentation of Clinical Biomarkers Market-
By Offering
• Product
o Efficacy Biomarker
Diagnostic Biomarker
Predictive Biomarker
Prognostic Biomarker
o Safety Biomarker
o Validation Biomarker
• Service
o Genomic Biomarker Service
o Tissue Biomarker Service
o Cell Service
o Proteomics Service
By Clinical Area
• Cancer Biomarkers
o Breast Cancer Biomarker
o Lung Cancer Biomarker
o Colorectal Cancer Biomarker
o Prostate Cancer Biomarker
o Other
• Cardiac Biomarkers
• Neurological Biomarkers
• Infectious Disease
• Immunological Biomarkers
• Non-Invasive Prenatal Testing
• Other Clinical Areas
By Technology
• Next-Generation Sequencing (NGS)
• Polymerase Chain Reaction (PCR)
• Immunohistochemistry (IHC)
• Enzyme-Linked Immunosorbent Assay (ELISA)
• Other Technologies
By End User
• Contract Research Organizations (CROs)
• Research and Academic Laboratories
• Biopharmaceutical and Biotech Companies
• Diagnostic Centers
• Other End Users
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/clinical-biomarkers-market/2324
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: https://www.insightaceanalytic.com/
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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