The Global Companion Diagnostics Market is expected to show steady growth owing to the demand for new diagnostics tests and devices for cancer and other life threatening diseases. Furthermore, growing emphasis on early diagnosis and treatment of cancer may lead an increase in the demand for diagnostic services in developing countries.
The Global Companion Diagnostics Market is growing rapidly and expected to grow at a CAGR of 6.1% during the forecast period.
Then again, there are some hindering factors which are limiting the marketplace boom. Incorrect results from the take a look at can lead to the inadequate treatment being given to the patient main to the critical complications and damaging effects. The inaccuracy within the test increases the danger element for the sufferers and it by some means hinders the increase of the marketplace. Furthermore, high cost of sturdy diagnostic gadgets which includes PCR system may restrain the marketplace boom.
According to the American Cancer Society, prostate cancer is the most common cancer among males (19%), followed by lung (14%) and colorectal (9%) cancers and among females, breast (30%), lung (12%), and colorectal (8%) cancers are the most common. Furthermore, the market is expected to grow in Asia Pacific due to an increase in the burden for cancer in this region.
Taste the market data and market information presented through more than 87 market data tables and 39 figures spread over 108 numbers of pages of the project report. Avail the in-depth TOC & market synopsis on “Companion Diagnostics Market Research Report –Global Forecast to 2023.
Global Companion diagnostics Market Players:
The major participants of this market are Abbott (U.S.), Agilent Technologies (U.S.), ARUP Laboratories (U.S.), F. Hoffmann-La Roche AG. (Germany), Myriad Genetics Inc. (U.S.), QIAGEN N.V. (Germany), and Thermo Fisher Scientific Inc. (U.S.).
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- The companion diagnostics global market and is expected to reach USD 12,647.5 million by 2023
- PCR based companion diagnostics holds the largest share of 53% of the market
- America holds the largest market share of companion diagnostics market in 2016 and is anticipated to reach USD 5093.2 million by the end of forecast period
- Asia Pacific the fastest growing region and expected to grow at the rate of 16% during the forecast period
1 Report Prologue
2 Market Introduction
2.2 Scope of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.5 Market Structure
3 Research Methodology
3.1 Primary Research Methodology
3.2 Secondary Research Methodology
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3.3 Market Share Analysis
3.4 Market Pricing Approach
4 Market Factor Analysis
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