Global Biomarkers Market 2016: Company Profiles, Market Segments, Landscape, Demand and Forecast – 2022

Market Highlights

It has been noted that Global Biomarkers Market is growing at rapid pace and is expected to grow tremendously at the CAGR of 13.3%. Globally there is huge demand for Biomarkers in various regions. Factors that influence the Biomarkers market are increasing technology advancement in healthcare which gives desired results, research area that aims at regenerative advantages of using biomarkers as surrogate endpoints in clinical trials. Increasing prevalence of cancer, organizations like FDA promoting the use of biomarkers, increasing user of biomarkers for clinical research and others influence the growth of global biomarkers market. Moreover increasing development in biological substitutes is influencing the global market for biomarkers.

Biomarkers play an important role in the development of cancer treatment. Technological advancements in the molecular characterization of cancers have influenced researchers to identify an increasing mass of key molecular drivers of cancer progression. These advancement have resulted to multiple innovative anticancer therapeutics, and clinical advantages in selected patient populations
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Global Biomarkers Competitive Analysis:

Some of the Major Key Players of this market are those that hold the largest market share:

• Merck& Co., Inc (United States)
• Roche Diagnostics Ltd.(Netherlands)
• Thermo Fisher Scientific, Inc (United States)
• Siemens Healthcare GmbH (Germany)

Other Prominent Vendors in the market are:

• QIAGEN N.V. (Netherlands)
• PerkinElmer, Inc. (United States)
• Bio-Rad Laboratories, Inc. (United States)
• Enzo Biochem, Inc. (United States)

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Regional Analysis:
• Globally North America has the largest share in the Biomarkers Market. North America holds about 47% market share for the global biomarkers market. The share of this nation in this market is mainly due to increasing research and development in drug discovery.
• Moreover North America in Biomarkers is growing rapidly because of increasing technology advancement in the field of medical research. There is increasing growth in adoption of hardware and software standards to gain accurate and reproducible quantitative results from imaging methods.
• Europe is the second-largest market for Biomarkers. Asia Pacific is expected to be fastest growing market for Biomarkers. Asia Pacific is expected to be the fastest growing market at a CAGR of 13.8% for the forecasted year from 2016 to 2022.

Access the market data and market information presented through more than 50 market data tables and 25 figures spread over 80 numbers of pages of the project report “Global Biomarkers Market Research Report -Forecast to 2022”

Segmentation

• Global Biomarkers market has been segmented on the basis of type which includes predisposition biomarkers, diagnostic biomarkers, prognostic biomarkers, predictive biomarkers.
• Predisposition biomarkers have the largest market share in global biomarkers by type and will be constant in future starting from 2016 lasting till 2022.
• On the basis of indication the market is segmented into cancer, neurological disorders, cardiovascular disorders, immunological disorders, others.
• Cancer segment has the largest market share in global biomarkers by indication for the forecasted period from 2016 lasting till 2022. Biomarkers has a huge growth in applications in oncology due to the components such as risk assessment, determination of prognosis, prediction of response to treatment, screening, differential diagnosis, and monitoring of progression of disease. This is the reason the market for cancer segment hold the largest market share for global biomarkers market.
• Furthermore on the basis of application the market is segmented into tests, therapies, drug discovery, drug formulation and others
• Drug discovery segment is has the largest market share in global biomarkers by indication for the forecasted period from 2016 lasting till 2022.

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