Global Predisposition Biomarkers Market Industry Analysis Size, Share, Trends, Current Demand, and Business Opportunities
Biomarkers have received vast clinical and scientific value and interest in the practice of medicine. They are potentially useful along the whole spectrum of the disease process. Biomarkers can be used for screening and risk assessment. Furthermore, they can be used to determine and monitor the recurrent diseases.
Advances in genomics, proteomics, and molecular pathology have generated many candidate biomarkers with potential clinical value. Genetic predisposition, also known as genetic susceptibility, is characterized as an increased likelihood of developing a health disorder based on the presence of a particular biomarker. For instance, a patient with increased susceptibility to breast cancer is determined by the presence of the BRCA1 and/or BRCA2 genes.
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Global Predisposition Biomarkers Market Witness Most Promising Rise in Demand:
Advancements in diagnostic techniques, rise in burden of diseases, and need for novel diagnostic techniques are expected to drive the global predisposition biomarkers market
Fast and progressive growth in the field of pharmaceutical and biotechnology drives the development of innovative and powerful sensing technique for detection and process optimization of biomolecules at very low concentrations. Moreover, increase in prevalence of chronic diseases such as cancer and cardiac disorders has boosted the growth of predisposition biomarkers.
According to the World Health Organization (WHO), cancer accounted for 8.8 million deaths in 2015. Globally, 1 in 6 deaths is due to cancer. As per the WHO, an estimated 17.9 million people died from cardiovascular diseases in 2016, representing 31% of all global deaths. Of these deaths, 85% are due to heart attack and stroke. Hence, rise in prevalence of cancer and other chronic diseases and need for personalized medicine are expected to drive the predisposition biomarkers market during the forecast period.
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The market overview section of the report explores market dynamics such as drivers, restraints, and opportunities that currently have an impact and influence the Predisposition Biomarkers market in the near future. Attractiveness analysis has been provided in the market overview section to explain the intensity of competition in the market across different geographies. The competitive scenario among different market players is evaluated through market share analysis in the competitive landscape section of the report. All these factors are likely to help market players take strategic decisions to strengthen their positions and increase shares in the global Predisposition Biomarkers market.
Key Players of Predisposition Biomarkers Market Report:
Major players operating in the global predisposition biomarkers market are: Abbott Laboratories, F. Hoffmann-La Roche AG, Bio-Rad Laboratories, Danaher Corporation, bioMérieux, QIAGEN, Siemens Healthineers, Myriad Genetics
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