Central Nervous System Biomarkers Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Central Nervous System Biomarkers Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
A biomarker, also known as biological marker, is used in quantifying biological states or conditions and to assess normal biological processes, pathogenic processes, or pharmacologic responses to a therapeutic intervention. Biomarkers can effectively enhance drug discovery and are also used in regulatory decision-making processes. Biomarkers are used to obtain information regarding a patient during a therapy. Increasing development of biomarkers for use in the treatment of various neurological conditions has allowed to measure molecular and functional stages of a disease from brain, cerebrospinal fluid (CSF), and plasma.
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Increasing R&D of biomarkers for the treatment of various diseases is augmenting the central nervous system biomarkers market growth
Major institutes and hospitals are focused on R&D of biomarkers for the treatment of various diseases, which is expected to propel the market growth. For instance, in March 1, 2017, Hospices Civils de Lyon initiated the clinical trial to assess predictive value of CSF biomarkers of Alzheimer’s disease (AD) in geriatric patients with new-onset epilepsy.
Increasing R&D of drugs also leads to high demand for the central nervous system biomarkers, which further boosts the central nervous system biomarkers market growth. For instance, according to the study ‘Estimation of clinical trial success rates and related parameters’ published in the journal Biostatistics in 2018, from January 2000 through October 2015, 13.8% of drug programs made it from Phase I to approval, a higher figure than the often-touted estimates of 5% or 10%.
However, validation process such as sample collection and storage in central nervous system biomarkers is expensive, which is expected to hamper growth of the market. Moreover, unfavorable reimbursement scenario for R&D of biomarkers is also expected to restrict growth of the central nervous system biomarkers market.
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Central Nervous System Biomarkers Market – Regional Analysis
The global central nervous system biomarkers market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Increasing collaboration and partnership activities are expected to boost growth of the North America central nervous system biomarkers market. For Instance, in January 2017, bioMérieux, an in vitro diagnostics company, entered into a partnership with Banyan Biomarkers. Banyan Biomarkers develops, validate, and markets blood-based biomarkers for traumatic brain injury. Under this agreement, bioMérieux took an equity participation of around US$ 7 million in Banyan Biomarkers and also obtained rights to develop and market for Banyan’s proprietary tests worldwide.
The market in Asia Pacific is primarily driven by high incidence of Alzheimer’s disease. For instance, according to Alzheimer’s Disease International (ADI), in 2015, around 23 million people in Asia Pacific suffered from dementia.
Keys players operating in the global central nervous system biomarkers market include Acumen Pharmaceuticals Inc., Adlyfe Inc., Thermo fisher scientific, Enzo Biochem Inc., Abiant Inc., Banyan Biomarkers, EKF Diagnostics Holdings Inc., Abastar MDX Inc., Apitope International, Alseres Pharmaceuticals Inc., Aposense, Avid Radiopharmaceuticals Inc., Diagenic ASA, Avacta Group plc., Applied Neurosolutions Inc., Merc & Co. Inc., and Exonhit Therapeutics.
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Central Nervous System Biomarkers Market – Taxonomy
By Application
- Drug Discovery & Development
- Personalized Medicines
- Disease Risk Assessment
- Diagnostics
By Disease Indication
- Alzheimer’s Disease
- Multiple Sclerosis
- Parkinson’s Disease
- Traumatic Brain Injury
- Other Neurological Conditions
By End-User
- Diagnostic Labs
- Clinics/Hospitals
- Research Centers
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Major Point Answered in Central Nervous System Biomarkers Market Research Study are: –
• What will the market growth rate, Overview, and Analysis by Type of Central Nervous System Biomarkers market be in 2026?
• What are the key factors driving, Analysis by Applications and Countries Central Nervous System Biomarkers market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Manufacturers Profiles of Central Nervous System Biomarkers market?
• Who are the Opportunities, Risk, and Driving Force of the Central Nervous System Biomarkers market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
• Who are the key vendors in the Central Nervous System Biomarkers market space? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Central Nervous System Biomarkers market opportunities and threats faced by the vendors in the market?
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