Press release
Cancer Profiling Market – Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2017–2024
Global Market Insights, Inc.
Rising prevalence of cancer worldwide and huge funding available for oncology research are the major factors driving Global Cancer Profiling Market growth. In addition, the increase in the utility of biomarkers and high demand for the point-of-care diagnostic testing will fuel the demand for the oncology profiling over the coming years. The obtainability of custom-made medical treatment that will suit specific physiognomies, preferences, and requirements of patients coupled with intensifying compliance for the tumor profiling in developing economies should propel the industry.
According to the International Agency for Research on Cancer (IARC), the global burden for cancer by 2030, is projected to reach 21.7 million new cases. As per American Cancer Society, by end of 2017 there will be 1,688,780 new cases of cancer identified in the U.S. High capital investment and rising demand for the personalized medicine are other major factors boosting the industry size. The forthcoming disease burden will possibly remain higher since adoption of western lifestyle, including inactiveness, poor diet, smoking, etc. High associated cost with profiling and dearth of trained specialists can limit the business growth during the forecast years.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1860
Personalized medicine reduces possibility of adverse side effects and additional healthcare expenses. Moreover, capability to take health decisions regarding disease prediction and prevention as well as prior disease intervention is being possible because of personalized medicines. Genomics will witness lucrative growth due to its wide-ranging clinical, diagnostics and research applications.
Increasing government funding and grants along with investments are the determinants to fuel the cancer profiling market growth during the forecast timeframe. Moreover, the increased adoption of the genomics in R&D and research studies offers immense growth opportunities. Next-generation sequencing (NGS) accounted for largest share in cancer profiling technology in 2016. Associated advantages include recognition of transmutation, advanced genome with reduction in cost, high speed and sensitivity.
Browse key industry insights from the report Cancer Profiling Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/cancer-profiling-market
Several initiatives undertaken to prevent the breast and colorectal cancers should fuel U.S. cancer profiling market growth. For instance, the Molecular Profiling Breast Cancer (MPBC) is altering medical training and improving management of breast oncology in the U.S. Moreover, the colorectal cancer is the second major cause of death in U.S. and there is necessity to profile and detect tumors at initial stages to provide appropriate treatment.
China will foresee lucrative growth over the coming years due to rising demand for the better healthcare service coupled with increasing occurrence of tumor. Furthermore, growing number of the contract research organizations (CROs) and major international players focusing on developing economies to expand their business will drive regional share.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1860
Some of the industry players are Genomic Health, Illumina, NeoGenomics Laboratories, QIAGEN, HTG Molecular Diagnostic, Caris Life Sciences, Ribomed Biotechnologies, Oxford Gene Technology, Nanostring Technologies, and Helomics. The industry players focus on strategic mergers, alliances, and advanced technology launches for business growth as their main strategies. For instance, in May 2017, the Genomic Health announced favorable draft local coverage determination (LCD) in Medicare coverage for the usage of the Oncotype DX Genomic Prostate Score in the patients that are at intermediate risk of prostate tumor.
Browse Related Reports:
Cancer Gene Therapy Market Size By Type [Gene Induced Immunotherapy (Cytokine Gene Delivery, Tumor Antigen Gene Delivery), Oncolytic Virotherapy (Adenoviruses, Lentiviruses, Retrovirus, Adeno Associated Virus, Herpes Simplex Virus, Alphavirus, Vaccinia Virus, Simian Virus), Gene Transfer/Gene Replacement (Naked/Plasmid Vectors, Electroporation, Sonoporation, Magnetofection, Gene Gun)], Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, China, Japan, Mexico, Brazil, South Africa, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
https://www.gminsights.com/industry-analysis/cancer-gene-therapy-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.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 Cancer Profiling Market – Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2017–2024 here
News-ID: 851530 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Cancer
Cancer Therapeutics Market New Business Opportunities to Hit $180.19 billion by …
Surge in geriatric population and rise in the number of collaborations & partnerships to facilitate drug development are the key drivers of the global cancer therapeutics market. In addition, heavy inflow of investment in R&D activities has enhanced the development of cancer therapeutics. Furthermore, favorable government regulations for cancer therapeutics and surge in cancer prevalence boost the market. The high demand for personalized medicine along with high potential of emerging…
Global Cancer Diagnostics Market Size, Trends & Growth Opportunity By Applicatio …
Cancer diagnostics is a process of detecting various proteins, biomarkers and certain symptoms that result in the detection of presence of cancerous tumour in patients. Detection of certain proteins and biomarkers which are prevalent in cancer disorder thereby results in diagnosis process. Cancer diagnostics includes usage of certain technology and devices for detection purpose.
Increase in incidence of target diseases like cancer is key driving factor which is expected to boost…
Oncology Nutrition Market led to an unprecedented rise by 2025 : liver cancer, p …
Global Oncology Nutrition Market: Overview
Cancer diagnosis creates myriad questions about diet and nutrition. Those pertain to if the food will make a patient feel sick to what should be ingested to fight cancer. This has spawned the oncology nutrition market which has been rising steadily due to the increasing cases of different types of cancer worldwide. During cancer treatment one needs to eat right in order to build up strength…
Cancer Immunotherapy Market 2018 To 2025 - SWOT Analysis By Global Industry Reve …
The Cancer Immunotherapy Market research report provided by Crystal Market Research (CMR) is the most detailed study about Cancer Immunotherapy Market that is estimated to grow at a tremendous rate over the forecast period 2018-2025. This report contains precise and updated insights in respect with the leading market players and prevailing regions of the business.
Cancer Immunotherapy Market By Product and Cancer Type - Global Industry Analysis And Forecast To 2025:…
Oncology Nutrition Market by Cancer Type Breast Cancer, Liver Cancer, Lung Cance …
Lunch of new products for nutrition of oncology patients is expected to drive the oncology nutrition market growth. For instance, in 2016, Hormel Food Corporation, a U.S-based meat food products company, launched a line of packaged ready-to-eat meals for cancer patients, which are called as Hormel Vital Cuisine.
These meals consist of carbohydrates, proteins, and fats to help patients fight loss of muscle mass and energy during cancer treatment. Thus launch…
Cancer Diagnostics Global Market: By Application - Breast Cancer, Lung Cancer, C …
Researchmoz added Most up-to-date research on "Cancer Diagnostics Global Market: By Application - Breast Cancer, Lung Cancer, Colorectal Cancer, Melanoma & Other Cancers" to its huge collection of research reports.
This report studies Cancer Diagnostics in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top…
