Global Cancer Biomarker Market by Component, Size, Region and Analysis till 2023

This Cancer Biomarker Market report is an astute document characterized with insightful information, reliable data and more associated market. The report shall help those who are willing to understand and comprehend the Cancer Biomarker Market with valuable information and statistical data at hand. The study shall enable its readers to reach right decisions within stipulated time and with less barriers. The research is characterized with thorough information and key insights as well.

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Key insights from report are as following:

  • Market Dynamics of Global Cancer Biomarker Market
  • Market Estimation
  • Regional Share
  • Historic Data and Future Trends
  • Competitor Analysis
  • Forecasts
  • Growth drivers and restraints
  • Market Segmentation
  • Key players
  • Recent Developments

Market Dynamics:

  • Global Cancer Biomarker Market is poised to grow at significant CAGR owing to growth drivers and other aspects impacting market as a whole
  • Number of new cases is expected to grow about 70% over next two decades with rising prevalence of cancer across the world
  • Market is segmented into five key geographical regions out of which North America is expected to be the crucial market for Cancer Biomarkers

Growth Drivers:

  • Growing prevalence of cancer cases around the planet
  • Increasing awareness
  • Rise in funding for Oncology
  • Government initiatives and Proactive NGOs operating in the field
  • The development of companion diagnostics
  • Recent breakthrough in detection techniques
  • Collaborations, partnerships, and acquisitions

Growth Restraints:

  • High cost for biomarker tests
  • Low detection rates
  • Regulatory policies

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Global Cancer Biomarker Market is segmented into several categories based on type of disease, application, end user and geography. Market segmentation is as following:

Cancer based segmentation:

  • Cervical cancer
  • Lung Cancer
  • Collateral Cancer
  • Liver Cancer
  • Prostate Cancer
  • Breast Cancer
  • Others

Application based segmentation:

  • Drug Discovery and Development
  • Personalized Medicine
  • Diagnosis
  • Others

End user-based segmentation:

  • Hospitals
  • Cancer diagnostic Centers
  • Research Institutes
  • Others

Geographical segmentation:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

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Some of the key players operating in Global Cancer Biomarker Market:

  • Thermo Fisher Scientific (Affymetrix Inc.) (U.S.)
  • Abbott Laboratories (U.S.)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • AbbVie Inc. (U.S.)
  • Arquer Diagnostics Ltd. (U.K.)
  • Illumina, Inc. (U.S.)
  • Qiagen (Germany)
  • Agilent Technologies (U.S.)
  • Merck & Co. Inc. (U.S.)
  • Becton Dickinson and Company (U.S.)
  • Hologic Inc. (U.S.)

Recent Developments:

  • Foundation Medicine and Bristol-Myers Squibb joined into collaboration to comprehend tumor profile and its microenvironment to forecast patient’s response to cancer immunotherapy
  • In 2015, one of the key players in Global Cancer Biomarker Market, Abbot Laboratories acquired exclusive rights for FGFR3 gene mutations to detect bladder cancer.

This report can be utilized to understand and comprehend Global Cancer Biomarker Market including associated aspects such as trends, forecasts and competitive analysis.

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