The Global Companion Diagnostics Market is a rapidly growing market. Companion diagnostics is a part of the in-vitro diagnostics and involves the methods and techniques that are used for the detection of the viability and safety of the drug components for the specific patients.
Further some of the major factors that have been important in the growth of the companion diagnostics market are increasing costs of the drug discovery and development, rising need for the assessment of the efficacy and safety of the drugs, distressed need for the specific medication for rare and chronic disorders, and technological advancements in the companion diagnostics devices industry.
Global Companion Diagnostics Market – Competitive Analysis
The Global Companion Diagnostics Industry consists of number of large and small-scale companies which are involved in the development of companion diagnostic tools and test. However, there are limited number of tests, 11 to be precise are approved by the Food & Drug Administration, USA. The global Companion diagnostic market is majorly dominated by 5 companies namely Abbott Diagnostics, Agilent Technologies, F. Hoffmann-La Roche AG, Qiagen N.V., and Thermo Fisher Scientific. These Companies together hold more than 80% of the market share. Apart from these, there are number of other companies such as Myriad Genetics, ARUP Laboratories, and Resonance Health among others.
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Major Players Business Overview
Dako (Denmark), Qiagen (Germany), f. Hoffmann-la Roche ltd (Switzerland), Abbott Laboratories, Inc. (US), Ventana Medical Systems, Inc. (US), Agilent Technologies (US) and Resonance Health (Australia).
Worldwide Companion Diagnostics Market – Segmentations
For the convenience of the report and enhanced understanding; the report is segmented in to 4 key dynamics
By Types: Comprises Monitoring Tests, Theranostics Tests among others.
By End Users : Research Laboratories, Hospital, Medical Institutes and others.
By Applications: Cardiovascular, Cancer Diseases, Central Nervous Systems and others.
By Regions: Europe, North America, APAC and Rest of the World.
Worldwide Companion Diagnostics Market – Geographical Analysis
North America market dominates the global Companion Diagnostics market with the significant market share. The market is further expected to reach astronomical amounts growing at a substantial CAGR throughout the forecast period (2016-2022).
Europe & Asia Pacific is the second & third largest market respectively in the global Companion Diagnostics market. Expected to be a fastest growing market Asia pacific region is estimated to grow rapidly over the projected period.
Brief Table of Contents For Global Companion Diagnostics Market Research Report- Forecast To 2022:
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.3 MARKET STRUCTURE
2. RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
3. MARKET DYNAMICS
3.4 MACROECONOMIC INDICATORS
4. MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
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