According to The Insight Partners market research titled ‘Cancer Biomarkers to 2027 – Global Analysis and Forecasts by Biomarker Type, Profiling Technology, Cancer Type, and Application.’ The global cancer biomarkers market is anticipated to reach US$ 31,206.00 Mn in 2027 from US$ 12,175.69 Mn in 2018. The market is anticipated to grow with a CAGR of 11.1% from 2019-2027. The report provides the trends prevailing in the global cancer biomarkers market and the factors driving the market along with those that act as hindrances.
The global cancer biomarkers market, based on the biomarker type, is segmented into genetic biomarkers, protein biomarkers, and others. In 2018, the protein biomarkers segment held the largest market share of the cancer biomarkers market. This segment is also projected to dominate the market in 2027 due to the remarkable potential of protein biomarkers in cancer diagnostics, detection, and clinical & therapeutic applications and lower price of protein biomarker tests as compared to genetic biomarker tests.
The market for cancer biomarkers is expected to grow, owing to factors such as the growing cancer prevalence across the globe, new product launches & FDA approvals, and technological advancements. Moreover, emerging markets in developing countries are likely to have a positive impact on the growth of the market in the coming years.
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Competitive Landscape: Arthroscopy Instruments market
- Thermo Fisher Scientific Inc.
- F. Hoffmann-La Roche Ltd
- Illumina, Inc.
- Bio-Rad Laboratories, Inc.
- bioMérieux, Inc.
- Creative Diagnostics
- Hologic Inc.
- Quest Diagnostics
- Myriad Genetics, Inc.
Growth strategies through several organic and inorganic such as approvals, product launch, agreements, and partnerships have been witnessed in the market of cancer biomarkers. For instance, in June 2017, Illumina, Inc. announced an FDA-approved next-generation sequencing (NGS) kit, its Extended RAS Panel. This kit will be used on the Illumina MiSeqDx System and allows U.S. laboratories to help clinicians identify patients eligible for the treatment of metastatic colorectal cancer with Vectibix (panitumumab)
Global Cancer Biomarkers Market – By Biomarker Type
- Genetic Biomarkers
- Protein Biomarkers
- Other Cancer Biomarkers Diagnostics
Global Cancer Biomarkers Market – By Profiling Technology
- Omics Technologies
- Imaging Technologies
- Bioinformatics Antibodies
Global Cancer Biomarkers Market – By Cancer Type
- Breast Cancer
- Lung Cancer
- Prostate Cancer
- Bladder Cancer
- Other Cancer Types
Global Cancer Biomarkers Market – By Application
- Research and Development
- Other Applications
- North America
- Asia Pacific (APAC)
- South Korea
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- South and Central America
Chapter Details of Arthroscopy Instruments Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Arthroscopy Instruments Market Landscape
Part 04: Arthroscopy Instruments Market Sizing
Part 05: Arthroscopy Instruments Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Major highlights of the report:
- An all-inclusive evaluation of the parent market
- The evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of the market value and volume in the past, present, and forecast years
- Market share evaluation
- Study of niche industrial sectors
- Tactical approaches of the market leaders
- Lucrative strategies to help companies strengthen their position in the market.
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