openPR Logo
Press release

EGFR Mutation Test Market:Global Industry Size, Growth, Trends and Outlook Report By 2024

02-23-2018 06:52 AM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
EGFR Mutation Test Market:Global Industry Size, Growth, Trends

Epidermal growth factor receptor (EGFR) is a type of protein, which is located on the surface of human body cells. Any mutation in EGFR gene can lead to various types of cancer. EGFR functions as a biomarker for non-small cell lung cancer (NSCLC) and due to the mutation of EGFR gene a person may suffer from cancer or may have a tumor growth. Tumors with genetically altered EGFR gene are referred to as EGFR-mutated tumors. EGFR mutation is generally observed in NSCLCs, especially in adenocarcinoma tumors. According to the International Association for the Study of Lung Cancer, American Thoracic Society and European Respiratory Society, there are around 50% of surgically resected lung adenocarcinomas in EGFR mutations. These mutations are related to micro papillary predominant subtype and the bronchioloalveolar carcinoma. EGFR biomarker is used in diagnosis of patients with NSCLC. Targeted therapy involving tyrosine kinase inhibitors such as gefitinib and erotinib is used in the treatment of patients with NSCLC. EGFR biomarker detects the presence of specific alterations in EGFR gene, which may lead to the development of tumor.

Report Overview @
https://www.persistencemarketresearch.com/market-research/egfr-mutation-test-market.asp

Lung cancer is a significant economic burden and is one of the major causes of mortality. According to World Health Organization (WHO), lung cancer is the most common form of cancer in males, with a worldwide incidence of 1.2 Mn. It is also the fourth most common cancer in women, with an incidence of over 0.6 Mn. Lung cancer is estimated to account for 20% of all the cancer-related deaths.

Increasing global prevalence of lung cancer is expected to fuel growth of the global EGFR mutation test market over the forecast period. Increasing adoption of biomarker therapy is also expected to boost growth of the market worldwide over the forecast period. According to Vanderbilt-Ingram Cancer Center report, 10% and 35% of NSCLC patients in U.S. and East Asia, respectively, have tumor associated with EGFR mutations. Mutation in EGFR gene occurs in EGFR exons 18–21, which encodes a part of EGFR kinase protein.

These mutations are usually heterozygous, where the mutant allele exhibits gene amplification. Around 90% of these mutations are due to exon 19 deletion or exon 21 L858R point mutation. According to Annals of Oncology, EGFR mutation testing is required prior to first-line therapy in 81% of the stage IIIb/IV NSCLC patients. Thus, increasing demand for the EGFR mutation test and rising incidence of NSCLC patients with EGFR mutation are expected to drive growth of the global EGFR mutation test market over the forecast period.

Request for Table of Contents @ https://www.persistencemarketresearch.com/toc/12535

Global EGFREGFR mutation test market is segmented on the basis of method, drug and end user.

Segmentation by drug - Osimertinib,Erlotinib,Imatinib.

Segmentation by method- DNA Sequencing,Kits.

Segmentation by end user- Cancer Hospitals,Clinical Research Institutes.

Increased focus on formation of research consortiums on testing techniques is leading to rise in awareness levels and increased adoption of such methods. In addition, increasing adoption of technique by consumers and availability of wide range of kits, with new and advanced drugs, for EGFR detection are some of the factors expected to fuel growth of the global EGFR mutation test market. Availability of different methods to detect the abnormalities in the cell and identify the mutation.

Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/12535

However, less focus on developing techniques for detection tests by companies due to less profitability and lack of awareness among physicians are some of the factors that could hamper growth of the global EGFR mutation test market.

Need more information about Report methodology @ https://www.persistencemarketresearch.com/methodology/12535

On the basis of region, EGFR mutation test market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America dominates the global EGFR mutation test market due to high prevalence of patients with EGFR mutation and large number of facilities for cancer treatment. However, growth in Middle East and African regions is expected to increase significantly over the forecast period due to increase in incidence of EGFR .

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact

Persistence Market Research Pvt. Ltd

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

media@persistencemarketresearch.com

Web:www.persistencemarketresearch.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 EGFR Mutation Test Market:Global Industry Size, Growth, Trends and Outlook Report By 2024 here

News-ID: 954579 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for EGFR

EGFR Mutation Test Market to Show Incredible Growth by 2027 | Novartis, Illumina
It shows how the COVID-19 health problem has affected a variety of companies. The COVID-19 epidemic and related lockdown countermeasures have wreaked havoc on several various segments of the economy; however, a few have seen growing demands. This EGFR Mutation Test market report's major objective is to forecast market growth from 2021 to 2027. A Market Report is the result of a data-driven strategy. It displays data in a visually
Egfr Mutation Test Market Registering a Strong Growth by 2026
Epidermal growth factor receptor (EGFR) is a type of protein, which is located on the surface of human body cells. Any mutation in EGFR gene can lead to various types of cancer. EGFR functions as a biomarker for non-small cell lung cancer (NSCLC) and due to the mutation of EGFR gene a person may suffer from cancer or may have a tumor growth. Tumors with genetically altered EGFR gene are
EGFR Mutation Test Market Projected to Gain Significant Value by 2024
Lung cancer is a significant economic burden and is one of the major causes of mortality. According to World Health Organization (WHO), lung cancer is the most common form of cancer in males, with a worldwide incidence of 1.2 Mn. It is also the fourth most common cancer in women, with an incidence of over 0.6 Mn. Lung cancer is estimated to account for 20% of all the cancer-related deaths. A
EGFR Mutation Test Market to Record Sturdy Growth by 2024
Epidermal growth factor receptor (EGFR) is a type of protein, which is located on the surface of human body cells. Any mutation in EGFR gene can lead to various types of cancer. EGFR functions as a biomarker for non-small cell lung cancer (NSCLC) and due to the mutation of EGFR gene a person may suffer from cancer or may have a tumor growth. Tumors with genetically altered EGFR gene are
EGFR Mutation Test Market Revenue Predicted to Go Up by 2024
According to the International Association for the Study of Lung Cancer, American Thoracic Society and European Respiratory Society, there are around 50% of surgically resected lung adenocarcinomas in EGFR mutations. These mutations are related to micro papillary predominant subtype and the bronchioloalveolar carcinoma. EGFR biomarker is used in diagnosis of patients with NSCLC. Targeted therapy involving tyrosine kinase inhibitors such as gefitinib and erotinib is used in the treatment of
EGFR Mutation Test Market Estimated to Flourish by 2016 – 2024
Epidermal growth factor receptor (EGFR) is a type of protein, which is located on the surface of human body cells. Any mutation in EGFR gene can lead to various types of cancer. EGFR functions as a biomarker for non-small cell lung cancer (NSCLC) and due to the mutation of EGFR gene a person may suffer from cancer or may have a tumor growth. Tumors with genetically altered EGFR gene are