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Global biomarker technologies market is expected to reach USD 28.31 Billion in 2017 to USD 97.3 Billion by 2025 at a CAGR of 16.81% from 2018 to 2025. The key contributing factor for the market growth are growing requirement of improved precision and speed of diagnosis, growth in importance of biological and targeted drug therapies and high investment through government and private funds in cancer related research are driving the growth of the market.
Market Overview:
Biomarkers are molecular diagnostic tools used as an indicator to measure and evaluate biological processes, pathogenic processes and pharmacological response. Biomarkers are used in detection and prediction of disease susceptibility, monitor progression of infectious diseases, cancer, metabolic diseases, central nervous system disease and autoimmune diseases. They also have applications in diagnosis and treatment for exposure of harmful chemicals, drug formulation and development and increasing implementation in disease diagnosis. Biomarkers are special tools usually used in clinical studies as many drugs fail in clinical trials due to metabolism, toxicity, absorption, etc. To determine the effects and desired results of drug in early stages of development biomarkers play significant role. Biomarkers are cost effective and reliable tools in the monitoring and predicting efficiency of drugs.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Biomarker Technologies Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The biomarker technologies market is segmented on the basis of product, type, disease, application and end users.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global biomarker technologies market with USD 12.64 Billion in 2017 where as the Asia Pacific region is the fastest growing region in the market.
Global Biomarker Technologies Market Competitive Analysis:
Key players in the biomarker technologies market are Thermo Fisher Scientific, Agilent Technologies, Roche, Danaher Corporation, Waters Corporation, Shimadzu Corporation, Bio-Rad Laboratories, Qiagen N.V., GE, Abbott Laboratories, Biomérieux SA, Becton, Biomarker Technologies, Inc., Myriad Genetics, Sysmex Corporation, Hologic, Quest Diagnostics, Aushon BioSystem Inc., Epistem Ltd. and others. Roche, GE healthcare and Biomérieux SA are the top leading players of the market. For instance, in 2018, Roche and GE partnered to develop integrated digital diagnostics platform. This will improve oncology and critical care treatment. This partnership involves in-vivo data from GE’s medical imaging and monitoring equipment with in-vitro data from Roche’s biomarker, tissue pathology, genomics, and sequencing portfolio.
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Scope
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Key Points |
Information |
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Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Billion) {Market Size} |
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USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
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Base Year |
2017 |
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Historical Years |
2015-2017 |
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Forecast Period |
2018-2025 |
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Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
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Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global biomarker technologies market on the basis of below mentioned segments:
Global Biomarker Technologies Market, By Type:
Global Biomarker Technologies Market, By Application:
Global Biomarker Technologies s Market, By Product:
Global Biomarker Technologies s Market, By Disease
Global Biomarker Technologies Market, By Regions:
List of Table
List of Figures
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Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –
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