This biomarkers market report has been prepared with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. The market report comprises of a number of market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. The global biomarker market report includes all the company profiles of the major players and brands. Not to mention, this biomarkers report is amazingly characterized with the application of several charts, graphs and tables depending on the extent of data and information involved.
Global Biomarkers Market is expected to rise from its initial estimated value of USD 36.19 billion to an estimated value of USD 101.80 billion by 2026, registering a CAGR of 13.80% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing diagnostic applications of biomarkers.
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The biomarkers report covers all the manufacturers across the globe mainly focusing on the North America, Asia and Pacific region, Middle east and Africa, Europe and South America. The present, past and forecast overview of the market is represented in this biomarkers report. Additionally, the biomarkers report provides the knowledge of the leading market players within the biomarkers market. The industry changing factors for the market segments are explored in this biomarkers report.
This biomarkers report highlights the vital factors such as market trends, consumption tendencies, dynamics, driving forces, limitation and restraints which are deeply emphasized in the market study as these could affect market developments in a negative or positive manner. Also the biomarkers report hints at current and forthcoming opportunities, challenges, risk, threats and uncertainties in the market. It also examines leading players in the industry considering their production capabilities, manufacturing process, raw material sourcing value chain, major clients and global reach. Their financial assessments also underscored the report, including an evaluation of capital investments, profitability, gross margin, revenue earnings, and growth rate. Few of the major competitors currently working in the biomarkers market are
- MESO SCALE DIAGNOSTICS, LLC.
- EKF Diagnostics Holdings plc
- Enzo Biochem Inc.
- Bio-Rad Laboratories, Inc.
- Merck KGaA
- PerkinElmer Inc.
- Agilent Technologies, Inc.
- Epigenomics AG
- General Electric Company
- LifeSign LLC
- F. Hoffmann-La Roche Ltd.
- Increasing usage of biomarkers in cancer treatment is driving the market growth.
- R&D funding for pharma and biotech companies is increasing which is driving the biomarker market.
- Requirement of significant amount of funds is restraining the market growth.
- Unfavorable regulatory and repayment policies are restraining the growth of this market.
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Key Developments in the Market:
- In November 2016, Insilico Medicine, Inc., announced the launch of Aging.AI 2.0 the blood biochemistry predictor for human age. It is better than the previous version Aging.AI 1.0 and covers more population group.
- In February 2018, Evidation Health announced the launch of their new project DisCover which is a 10,000 person chronic pain study. The main aim is to use activity trackers, health apps, and other more traditional data point and develop a digital biomarkers for chronic pains.
Segmentation: Global Biomarkers Market
- By Application
- Diagnostics Development
- Drug Discovery and Development
- Personalized Medicine
- Disease-Risk Assessment
- By Product Type
- By Technology
- Safety Biomarkers
- Efficacy Biomarkers
- Validation Biomarkers
- By Indication
- Cardiovascular Disorders
- Neurological Disorders
- Immunological Disorders
- Predictive Biomarkers
- Surrogate Biomarkers
- Pharmacodynamics Biomarkers
- Prognostic Biomarkers
North America (U.S., Canada, Mexico)
South America (Brazil, Argentina, Rest of South America)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)
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