Biomarker Technologies Market Insights
Biomarkers have a broad spectrum of clinical uses and in medicine. It is critical in both diagnostics and ascertaining the best treatment route. Largely used for cancer, biomarkers and biomarker technology is growing in use and is experiencing increasing demand. Market Research Future has performed a detailed study on the market and all its factors to ascertain that the market is expected to register CAGR of 9% during the forecast to 2023 and reach an estimated USD 78 bn by the end of the review period.
Latest Free Sample Copy of Biomarker Technologies Market Available @ https://www.marketresearchfuture.com/sample_request/6150
Biomarkers are effective for various medical applications besides diagnosis. They can be helpful in disease prevention, drug target identification, and several others. The growing global prevalence of chronic diseases, neurological disorders & diseases, and cardiovascular diseases; these are the result of growing urbanization, and changing global environment. The high demand for biomarker technologies is driven primarily by the advancement of medical technologies, and the growing investments in healthcare and medical sectors across the world. Moreover, governments and the associated government health, medicine, & drug bodies are highly supportive of biomarkers and biomarker technologies research and development. The increasing use of biomarkers in an effort to produce accurate diagnoses is additionally expected to support market growth over the assessment period.
The high capital investments required for the development of biomarkers and discovery of the same combined with the high cost of the use of biomarker technology is expected to restrain market growth. However, growing research and advancement in the field has brought biomarker technology a long way and is expected to contribute significantly to a wide scope for future growth.
Biomarker Technologies Market Segmentation
MRfR’s segmental assessment has been performed on the basis of product type, profiling technology, disease application, research areas, and region. By product type, the market is segmented into instruments, consumables, services, and software/informatics.
Based on profiling technology, the market is segmented into PCR, imaging technology, immunoassay, mass spectrometry, chromatography, NGS, cytogenetics, and other technologies. Further sub-segments are available for immunoassay in the report.
By disease application, the market is segmented into infection diseases, neurological, cardiovascular disorders, autoimmune diseases, cancer, and other disorders.
Based on research areas, the market is segmented into proteomics, metabolomics, genomics, and other research areas. Metabolomics is sub-segmented to include lipidomic and others.
Biomarker Technologies Market Regional Analysis
The global biomarker technologies market is analyzed globally and divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. Led by North America, the Americas account for the largest share of the global biomarker technologies market. There are a high prevalence of cancer, diabetes, cardiovascular, neurological, and autoimmune diseases which have led to a skyrocket in demand for effective diagnostic and treatment technologies. Moreover, the presence of steadily rising geriatric population , increased initiatives from the government, increasing funding for research and the growing availability of favorable reimbursement policies is expected to drive demand, and development of the technology. High growth is expected from the region in the coming years as health care spending has risen and the availability of ample opportunities for growth.
Meanwhile, the Asia-Pacific is projected to witness rapid growth at the highest CAGR, globally. The presence of a massive population pool, with growing incidences of chronic diseases, has proven to be a significant driver of growth. China and India are two of the most highly affected countries with a high diabetic population. These countries are fast emerging markets, due to the highly supportive government policies surrounding healthcare, increased funding for investment, and health care and the growing, rising disposable income which has led to increased healthcare spending by patients.
Biomarker Technologies Market Analysis by Top Key Players
MRFR’s analysis of the competitive landscape of the market reveals several key players that are driving the market
- Abbott Laboratories
- Agilent Technologies
- Thermo Fisher Scientific
- Waters Corporation
- Danaher Corporation
- Shimadzu Corporation
- Danaher Corporation
- Siemens Healthcare
Latest Industry News
Immunexpress has received a Notice of US Patent Allowance for its patent application for “validating biomarker measurement.” This is part of its SeptiCyte technology and is expected to prove useful in the diagnosis of sepsis.
The European Medicines Agency (EMA), has provided a positive qualification opinion regarding the use of biomarkers as a vital tool to increase clinical trials on Parkinsons Disease. The biomarker tool in this purpose would assist trials by providing measurements which allow medical professionals to choose people most suitable for Parkinson’s clinical trials.
QIAGEN N.V has partnered with multiple organizations to support the set up of a global genomics campus in Manchester U.K. to promote innovation and research of molecular diagne.
Table Of Content
1. Report Prologue
2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
6. Global Biomarker Technologies Market, By Product
7. Global Biomarker Technologies Market, By Profiling Technology
8. Global Biomarker Technologies Market, By Disease Application
8.3 Infectious Diseases
8.4 Autoimmune Disorders
8.5 Neurological Disorders
8.6 Cardiovascular Disorders
LIST OF TABLES
Table 1 Biomarker Technologies Industry Synopsis, 2018–2023
Table 2 Global Biomarker Technologies Market Estimates And Forecast, 2018–2023, (USD Million)
Table 3 Global Biomarker Technologies Market, By Region, 2018–2023, (USD Million)
Table 4 Global Biomarker Technologies Market, By Profiling Technology, 2018–2023, (USD Million)
Table 5 Global Biomarker Technologies Market, By Product, 2018–2023, (USD Million)
Table 6 Global Biomarker Technologies Market, By Disease Application, 2018–2023, (USD Million)
Table 7 Global Biomarker Technologies Market, By Research Areas, 2018–2023, (USD Million)
OBTAIN RESEARCH REPORT DETAILS WITH TOC @ https://www.marketresearchfuture.com/reports/biomarker-technologies-market-6150
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
+1 646 845 9312