Global genomic biomarkers market is set to witness a healthy CAGR of 17.65% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing cases of colorectal cancer and rising awareness about benefit of biomarker to treat fatal diseases are the major factor for the growth of this market.
The genomic biomarkers report gives fastidious investigation of the key market players to accomplish their business systems, yearly income, organization profile and their commitment to the worldwide genomic biomarkers market. The report covers each side of business feature segment of genomic biomarkers Market patterns, market hazard factors, and market difficulties. It characterizes issues and vital questions of genomic biomarkers Market, classifying data that will adjust the financial specialist’s data. The report outfits a rehearsed and inside-out investigation on the flow situation of the genomic biomarkers Market related to formidable aspect.
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Competitive Analysis:
Global genomic biomarkers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of genomic biomarkers market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global genomic biomarkers market are Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Myriad Genetics, Inc, Eurofins Scientific, QIAGEN, Bio-Rad Laboratories, Inc., MedGenome, Almac Group, Transgenomic Ltd, Sema4., GENOME LIFE SCIENCES, Creative Diagnostics, Cancer Genetics Inc., FOUNDATION MEDICINE, INC. CENTOGENE AG,, Quanterix., and others
Market Drivers
Increasing demand for minimally invasive procedure will drive the market
Technological advancement and development in clinical laboratory tests will propel market
Increasing cases gastric and ovarian cancer will also act as a driver for this market
Rising demand for genomic biomarker based medicine will also contribute as a factor for the growth of this market
Market Restraints
Difficulty related with the process of genomics biomarker will also restrain the market
Strict government regulation will also restrain the growth of this market
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Segmentation: Global Genomic Biomarkers Market
By Application
Oncology
Cardiovascular diseases
Neurological diseases
Others
By End- User
Diagnostic and research laboratories
Hospitals
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East and Africa
South Africa
Rest of Middle East and Africa
Key Developments in the Market:
In September 2018, Cancer Genetics, Inc. and NovellusDx, Ltd announced that they have signed an agreement according to which they are going to merge so that they can combine their data set and test portfolio associated to tumor biology. The main aim of the acquisition is to expand their therapeutic development and provide better treatment to the patient and biopharma companies
In February 2015, Roche announced that they have acquired Signature Diagnostics AG so that they can advance their translational research for their generating sequencing diagnostics. The main aim of the acquisition is to develop their NGS assays using cfDNA so that they can create non- invasive treatment for cancer patients
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Reasons to Purchase this Report
Current and future of global genomic biomarkers market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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