Cancer/tumor profiling is a diagnostic test that provides genetic information about the cancer or tumor present in the patient’s body. This genetic profiling helps in determining the correct course of action, whether the cancer cells have already metastasized, or when is the cancer most likely to recur again.
With the rising incidences of cancer cases all over the world, the need for proper screening of Cancer/Tumor is at an all-time high. These profiling methods help in choosing the appropriate course of action and helping determine the effective therapeutics. This trend will attribute to the market witnessing a rise of initial estimated value of USD 11.44 billion in 2018 to an estimated value of USD 22.97 billion by 2026 registering a CAGR of 9.1% in the forecast period of 2019-2026.
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Global Cancer Tumor Profiling Market report is the best source that gives CAGR values with variations during the forecast period of 2019-2026 for the market. With the comprehensive analysis of the market, it puts forth overview of the market regarding type and applications, featuring the key business resources and key players.
Major Market Drivers and Restraints:
- Technological advancements for identifying the cancer tumors.
- Increasing the cancer incidences.
- Increase in demand for next generation sequencing technique in cancer profiling.
- Lack of Skilled Professionals and Infrastructure
- Growth in demand of personalized medicines
- Increase in the use of biomarkers in tumor profiling.
- Availability of Funding for Cancer Research
Global Cancer Tumor Profiling Market Key Competitors:
Few of the major market competitors currently working in the Cancer/Tumor Profiling Market are:-
- Illumina Inc.,
- NeoGenomics Laboratories Inc.,
- HTG Molecular Diagnostics,
- Genomic Health,
- Caris Life Sciences,
- Helomics Corp,
- NanoString Technologies Inc.,
- Oxford Gene Technology IP Limited,
- Hoffmann-La Roche Ltd,
- Hologic Inc.,
- Siemens Healthcare GmbH,
- Claris Lifesciences Ltd.,
- Personal Genome Diagnostics Inc.,
- Perthera Inc.,
- FOUNDATION MEDICINE INC.,
- Precision Medicine Group Inc.,
- Contextual Genomics,
- NanoString Technologies Inc.,
- GenomeDx, and GUARDANT HEALTH INC.
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Global Cancer Tumor Profiling Market, By Technique (Genomics, Proteomics, Metabolomics, Epigenetics), By Technology (Sequencing Techniques, In Situ Hybridization, Immunohistochemistry, QPCR, Microarray), By Application (Personalized Medicine, Diagnostics, Biomarker Discovery, Prognostics, Research Applications), By Cancer Type (Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Melanoma Cancer, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2026
Global Cancer Tumor Profiling Market Analysis On:
Market Segmentation on Industry
Marketing Strategies For Global Cancer Tumor Profiling Market
Market Survey on Global Industry
Marketing Communication By Global Cancer Tumor Profiling Market
Survey Research and Marketing Strategy for Globe
Insights of the report:
CAGR values in the market for the forecast period
Key trends in the market place
Major players and brands
Drivers and restrains of the market
Historical and current Global Cancer Tumor Profiling Market size and projection up to 2025
Major Points from Table of Content:
- Research Methodology
- Executive Summary
- Key Inferences
- Market Overview
- Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
- Market Segmentation
- Competitive Landscape
- Key Players
- Future of the Market
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