Cancer biomarkers have recently attracted attention due to their ability to track the disease process before it develops, and thus, have a better prognosis and treatment prospect. These tests use a combination of molecular markers such as antibodies, transcript factors, tumor antigens, and molecules to identify the presence of certain diseases. The usefulness of these tests for cancer research has gained enormous momentum due to their capability to rule out potentially life-threatening diseases early in their development. Cancer biomarker testing thus far has had great success in identifying the disease processes and individual genetic abnormalities that lead to the development of various forms of cancer.
Stratagem Market Insights recently published a report on Cancer Biomarker Market 2021 which is projected valuated to Be Around US$ 11,223. Million With a Healthy CAGR of 12.3% by 2028.
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Market Dynamics:
R&D in cancer biomarkers is expected to propel the growth of the global cancer biomarker market over the forecast period. For instance, in August 2021, researchers from René Gauducheau Cancer Centre, France, reported the discovery of a protein that may be able to predict the outcome of breast cancers that have spread to the lymph nodes.
Availability of favorable insurance for biomarker testing is also expected to aid in the growth of the market. For instance, from August 2021, biomarker testing would be covered under Medicaid as well as state-regulated insurance plans.
Major players operating in the global cancer biomarker market are focused on R&D to expand their product portfolio. For instance, in September 2021, OneOncology, a platform for independent community oncology practices, and Genentech, a member of the Roche Group, presented data in two abstracts examining genomic profiling and biomarker testing patterns in community oncology centers, as part of their multi-year strategic research partnership, at the 2021 ASCO Quality Care Symposium.
Key Takeaways:
- R&D in cancer biomarkers is expected to propel the growth of the global cancer biomarker market over the forecast period
- Major players operating in the global cancer biomarker market are focused on R&D to expand their product portfolio. For instance, in August 2021, INmune Bio, Inc. announced that the first patient who received INKmune as a potential treatment for high-risk myelodysplastic syndrome successfully showed the NK activation and functional differentiation predicted by previously published in vitro experiments.
Top Key Players in Cancer Biomarker Market:
Major players operating in the global cancer biomarker market include, Thermo Fisher Scientific, Bio-Rad Laboratories, Roche Diagnostics, Qiagen N.V., Illumina, GE Healthcare, Agilent Technologies, Biomérieux SA, Merck & Co., Abbott Laboratories, Becton, Dickinson and Company, Danaher Corporation, Myriad Genetics, Sysmex Corporation, Hologic, and Quest Diagnostics.
Cancer Biomarker Market Segmentation:
Product Type Segmentation –
- Protein Biomarker
- Genetic Biomarker
Industry Segmentation –
- Diagnostics
- Research
- Prognostics
- Risk Assessment
The data and the information regarding the Cancer Biomarker market report are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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Geographic Segment Covered in the Report:
The Cancer Biomarker market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this section of this report also contains information on profit opportunities. This section of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France, and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Breast Implants Market Scope:
•=> Base Year:- 2020
•=> Market Size in 2021:- US$ XX Mn/Bn
•=> Historical Data:- 2017 to 2020
•=> Forecast Period:- 2021 to 2028
•=> Forecast Period 2021 to 2028 CAGR:- XX%
•=> 2028 Value Projection:- US$ XX Mn/Bn
Reasons to Purchase this Report:
– The trendy developments, market shares, and strategies that are employed by means of the essential market players
– The segment that is anticipated to dominate the market as properly as the segment which holds the highest CAGR in the forecast period
– Current and future of global Cancer Biomarker market outlook in the developed and rising markets
– Regions/countries that are anticipated to witness the quickest growth rates at some stage in the forecast period
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Table of Content
Global Cancer Biomarker Market Research Report
Section 1: Global Cancer Biomarker Industry Overview
Section 2: Global Economic Impact on Cancer Biomarker Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Cancer Biomarker Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
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