Cancer Diagnostics Market - Demand for New Devices & Forecast 2017 - 2025
Cancer, caused by environmental factors causing gene mutations and affecting cell regulatory proteins, is one of the diseases that is resulting in the highest expenditure for treatment. Growing incidences of cancer is fueling the market for cancer diagnostics at an exponential rate. Advancements in technology coupled with growing government funding, and initiatives for research and development have resulted in the positive growth of the global cancer diagnostics market. As per the World Health Organization, the number of deaths reported due to cancer was 8.2 mn in 2012. In addition to this, 14 mn new cases are being registered across the globe. All these factors are expected to push the demand for cancer diagnostics.
Cancer can be diagnosed by using diagnostic devices which not only confirms the presence of tumor, but also gives information regarding the rate at which it is growing inside the body. This is boosting the global demand for cancer diagnostic devices.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1949
Global Cancer Diagnostics: Key Trends
The advent of proteomics, genomics, metabolomics, transcriptomics and other such breakthrough detection techniques is expected to fuel the demand for cancer diagnostic devices. Additionally, the breakthrough development in companion diagnostics is also expected to create positive environment for an increase in the demand for cancer diagnostic devices. Some of the other factors anticipated to drive this market is the rise in the awareness level of patients and an increase in the number of screenings, which in turn is leading to an early diagnosis of cancer and increasing the chances of survival. However, there are various factors that are affecting the demand for these devices. Some of them include, the high cost of medical laboratory infrastructure, insufficient reimbursement for innovative technologies, and strict guidelines and procedures implemented by government.
Global Cancer Diagnostics: Market Potential
Cancer diagnostic devices are being used by pharmaceutical companies for monitoring, administering, and diagnosing the cancer treatment process. Pharmaceutical companies such as Roche are shifting their focus from developing drugs to diagnostic devices. Roche’s cobas EGFR mutation test helps in the diagnosis of neck and head cancers.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1949
Scientific advancements have made possible complex and customized approach to cancer in molecular diagnostics. Abbott Molecular is one of the key players in oncology molecular diagnostics and has developed Vysis FISH assays, which offers features such as processing flexibility, reduced inventory management, and simplified workflow. All these factors help to reduce operating costs. Such developments are helping the growth and progress of the global cancer diagnostics market.
Global Cancer Diagnostics Market: Regional Outlook
In terms of geography, North America, followed by Europe is leading in the cancer diagnostics market. The adoption rate of preventive diagnostic techniques is high, fueled by increasing government efforts to create awareness about cancer. Other factors pushing the demand for cancer diagnostic devices in the region include, growing prevalence of breast, lung, and prostate cancer in these regions.
As per the report, Asia Pacific is also expected to witness a positive growth in the forecast period with developed nations such as Australia and Japan as well as developing nations such as China, Thailand, Singapore, and India creating opportunities of growth for the cancer diagnostics market.
Enquiry For Discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1949
Global Cancer Diagnostics Market: Competitive Landscape
Some of the key vendors operating in the global cancer diagnostics market are: Abbott Laboratories, AstraZeneca, Ambry Genetics, Eli Lilly and Co., bioMerieux, Roche, GlaxoSmithKline plc, Pfizer, and Novartis.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
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 Diagnostics Market - Demand for New Devices & Forecast 2017 - 2025 here
News-ID: 933993 • Views: 170
More Releases from TMR Research
Smoothies Market Competitive landscape, Segmentation, Manufacturers and Forecast …
Global Smoothies Market: Overview A smoothie is a thick drink made with raw fruit or vegetables mixed. A smoothie that is rich in vitamins, fibers and other nutrients is also like a healthy smoothie. Healthy smoothies are generally obtained from seeds, plants and fruits. Smoothies are mainly produced from fruits and vegetables so that the nutrients and vitamins are vital. In order to clean up and detox the body, a correct
Saccharin Market-Outlook On Emerging Application, Latest Trends & Potential Grow …
Global Saccharin Market: Introduction Saccharin, also called benzoic sulfimide (C7H5NO3S), is an artificial sweetener that is nearly 300 times sweeter compared to stable sugar. Saccharin means “overly sweet’. It is developed from oxidation of phthalic anhydride or o-toluene sulfonamide. It is available widely in the forms of crystalline powder or white crystals. These are insoluble in water, however, blend well with other sweeteners to cover up for the drawbacks. As saccharin
Textured Soy Protein Market Top Companies Statistics Analysis, Trends, Challenge …
Global Textured Soy Protein Market: An Overview Soy protein are the protein derived from soya bean and the defatted soy protein is commonly known as soy protein. The texture soy protein market is anticipated to rise on the back of its inexpensive nature and rapidly growing health-conscious population across the globe. An upcoming report on the texture soy protein market by Transparency Market Research is expected to offer an in depth analysis
Food Inclusions Market 2020 Research Report, Emerging Trends and Competitive Ana …
Global Food Inclusions Market: An Overview The food inclusions market is likely to garner a significant growth during the forecast period. This is mainly due to ability of food inclusions to improve functional properties of food. Apart from this, ability of the food inclusions to meet taste trends and offer several new flavor profiles are likely to offer new avenues for growth to the food inclusions market. Get Brochure of the Report
More Releases for Cancer
Cancer Vaccines Market
Manufacturers in the cancer vaccines market are focusing on developing new vaccines in order to treat various cancers. Through this, they are expected to gain a competitive edge in the market and increase their market share. For instance, Gilead Science Inc., in 2017, acquired Kite Pharma Inc., which is involved in development of different type of immunotherapy and vaccines. Also, Treos Bio, in 2017, collaborated with Pharmaceutical Product Development, LLC
Cancer Molecular Biomarkers Market
Cancer molecular biomarkers refer to naturally-occurring molecules or genes in living organisms, which is an indicator for the presence of cancer in the body. A biomarker is a measurable indicator of biological process, condition, or disease and can be found in the blood, tissues, or other body fluids. Cancer molecular biomarkers help to diagnose cancer and monitor patients’ responses to treatments. On the basis of diagnostics, the cancer molecular
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
Global Cancer Vaccines Market 2016: Liver cancer, Cervical cancer, Stomach cance …
Latest industry research report on Cancer vaccines are the type of immunotherapy (also named as biologic therapy), designed to boost body's natural defense against cancer. The body's natural immune system recognizes vaccine proteins as the foreign particles and sets up an immunity against them. According to World Health Organization (WHO), cancer is a leading cause of worldwide mortality registering ~14 million new cases and ~8.2 million cancer-related diseases in 2012. Personalized
Taking thyroid cancer seriously
With the increasing incidence rate of thyroid cancer in Metro Cebu, the Eduardo J. Aboitiz Cancer Center (EJACC) of the Ramon Aboitiz Foundation Inc. (RAFI) urged the public to undergo early screening and prevention measures to fight the disease. “Thyroid cancer is high on prognosis. It is preventable through various screening methods, such as physical examination and ultrasound of the neck, as well as some prevention measures, including regular exercise and
Natural Cancer Treatment
Cancer is going to be the number one killer in the world beginning from the year 2010! Facts of Cancer Cancer is a group of over 100 diseases that cause the cells in your body to grow to an uncontrollable level, as their normal growth regulating mechanism experiences an imbalance due to numerous external and internal factors. Many of the reasons for this scenario to occur are still unknown to medical science. However,