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Biomarkers Market - Global Industry Analysis and Forecast to 2020 by Persistence Market Research

Persistence Market Research Released New Market Report on “Biomarkers Market - Global Industry Analysis and Forecast to 2020” in the category "Biotechnology"

Posted: Friday, September 19, 2014 at 10:16 AM CDT

New York, NY -- (SBWire) -- 09/19/2014 --Biomarkers are molecular or cellular diagnostic tools, measured in biological samples such as blood, saliva and urine. It is used as an indicator to measure and evaluate biological processes, pharmacological response and pathogenic processes. Some of the major types of biomarkers are prognostic, predictive, pharmacodynamic and efficacy response biomarker. A variety of biomarkers are available for biological systems such as immune system, cardiovascular system and metabolic system. Biomarkers are used to detect, predict disease susceptibility and monitor disease progression for infectious diseases, cancer, metabolic diseases, central nervous system disease and autoimmune diseases.

Biomarker technologies have its applications in diagnosis and prognostic treatment for exposure of harmful chemicals, drug formulation and development and increasing implementation in disease diagnosis. Many drugs fail in clinical trials due to metabolism, toxicity, absorption, etc. Biomarkers are special tools usually used in clinical studies to determine the effects and desired results of drug in early stages of development. Biomarkers are cost effective and reliable for developing, monitoring and predicting efficiency of drugs.

Browse the full “Biomarkers Market” report at:
http://www.persistencemarketresearch.com/market-research/biomarkers-market.asp

North America dominates the global market of biomarkers due to increasing demand of aging population for diagnosis and treatment of age related diseases. In addition, higher adoption rate of biomarkers technologies is also driving the growth of biomarkers market in North America. Asia is expected to show high growth rates in the next five years in global biomarkers market. Some of the factors driving the growth of biomarkers market in emerging markets of Asia are increasing research and development activity in India and China, increasing number of contract research organizations and low cost for conducting clinical trials.

In recent times there is increased use of biomarkers due to increase in prevalence of various diseases. FDA support for biomarkers development and increasing demand of personalized medicine are some of the factors driving the growth for global biomarkers market. In addition, usage of biomarkers by large scale pharmaceuticals manufacturing companies to overcome increasing failure rates for drugs in clinical trial phase II and III, and increasing drug development cost are also fueling the growth for global biomarkers market. However, high cost of validation and high capital investment required for the application, discovery and development of biomarkers are some of the factors restraining the growth for global biomarkers market.

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Growing importance of companion diagnostics and increasing demand of personalized medicine are some of the opportunities for global biomarkers market. However, ethical and regulatory issues, and early and accurate diagnosis for fatal diseases are some of the challenges for global biomarkers market. Government grants and initiatives for research and development of biomarkers are some of the trends for global biomarkers market. Some of the major companies operating in the global biomarkers market are Roche Diagnostic Limited, Siemens Healthcare, Abbott Laboratories Inc., Thermo Fisher Scientific, Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Aushon BioSystem Inc., Epistem Ltd, G.E. Healthcare Inc., and Affymetrix, Inc.

Key points covered in the report:-

1. Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the market
5. The report also provides porters five forces analysis of the market.

Browse the full “All Upcoming Persistence Market's ” report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp

About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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