Biomarkers Market is Supposed to Reach US$ 60 Billion By 2023

New York, March 26, 2018:

Biomarkers Market Share

The Biomarkers market is expected to exceed more than US$ 60.0 billion by 2023 growing at around 13% CAGR.

The scope of the report includes a detailed study of global and regional markets for various types of biomarkers with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include QIAGEN N.V. (Netherlands), PerkinElmer, Inc., Merck & Co, Inc., Bio-Rad Laboratories , Enzo Biochem , EKF Diagnostics Holdings plc , Meso Scale Diagnostics, LLC , Singulex, Inc. , BioSims Technologies , Cisbio Bioassays , and Signosis, Inc.. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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The Biomarkers Market has been segmented as below:

By Product Segment Analysis

• Consumable
• Services
• Software

By Type Analysis

• Safety biomarker,
• Efficacy biomarker
• Validation biomarker

By Application Analysis

• Diagnostics development
• Drug discovery & development
• Personalized medicine
• Disease risk assessment

By Disease Indication Analysis

• Cancer
• Cardiovascular disorders
• Neurological disorders
• Immunological disorders

By Regional Analysis

• North America
• Europe
• Asia-Pacific
• Rest of the World

This report provides:

1) An overview of the global market for biomarkers and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for biomarkers.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The main driving factors for biomarkers market are increase in number of low cost for conducting clinical trials in developing countries. Rising healthcare expenditure and R&D funding are the major macro drivers of the market. The use of biomarkers in diagnostic process is increasing rapidly due to its more accurate results. The biomarkers also have some restraints such as it contain technical issues related to sample and storage. The testing cost of biomarkers is high. It contains high investment but relatively low cost and benefit ratio.

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Table of Contents

1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Diagnostic Applications of Biomarkers
5.2.1.1.1 Personalized Medicine
5.2.1.1.2 Companion Diagnostics
5.2.1.2 Increasing R&D Funding for Pharma and Biotech Companies
5.2.1.3 Increasing Number of Cros and Low Cost of Clinical Trials in Developing Countries
5.2.1.4 High Prevalence of Cancer
5.2.1.5 New Initiatives for Biomarker Research
5.2.2 Restraints
5.2.2.1 High Capital Investments and Low Cost-Benefit Ratio
5.2.2.2 Poorly Suited Regulatory and Reimbursement Systems
5.2.2.3 Technical Issues Related to Sample Collection and Storage
5.2.3 Opportunities
5.2.3.1 Emerging Economies
5.2.4 Challenges
5.2.4.1 Proving the Clinical Validity in Biomarker-Based Tests
6 Biomarkers Market, By Product
7 Biomarkers Market, By Type
8 Biomarkers Market, By Application
9 Biomarkers Market, By Disease Indication
10 Biomarkers Market, By Region
11 Competitive Landscape
12 Company Profiles
12.1 Qiagen N.V.
12.2 Perkinelmer, Inc.
12.3 Merck Millipore
12.4 Bio-Rad Laboratories, Inc.
12.5 Enzo Biochem, Inc.
12.6 EKF Diagnostics Holdings, Inc.
12.7 Meso Scale Diagnostics, LLC.
12.8 Biosims Technologies Sas
12.9 Cisbio Bioassays
12.10 Signosis, Inc.

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