Biomarker Technologies Market 2016 Industry Development Trends and Forecast 2020
Deerfield Beach, FL -- (SBWIRE) -- 01/23/2017 -- Biomarker is a diagnosis method that helps to know diseases and effects of treatment. Diagnosis, drug development and formulation for contact of definite unsafe chemical and prognostic treatments are done using biomarker technology. Due to its capability to diagnose at early phase, it is widely used in the cancer analysis and treatment. Biomarkers are used as indicator to compute and estimate pathogenic process, pharmacological reaction and biological processes.
Technological advancement in biomarkers and rising demand are factors driving growth for global biomarkers market. Practice of biomarkers by pharmaceuticals companies to prevail over failure rates for medicines in clinical trial phase, and growing drug progress rate is supporting growth of global biomarker technologies market. Yet, high capital investment and cost of endorsement required for the application are some factors restraining the growth of global biomarkers market. Increasing consequence of diagnosis and rising demand of drugs are some of the opportunities for biomarkers market. However, moral and authoritarian issues, and untimely and precise analysis for mortal diseases are challenges for biomarkers market. Government funds and initiatives for R&D of biomarkers are probable opportunities for growth of global biomarkers market.
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The report covers forecast and analysis for the biomarker technologies market on a global and regional level. The study provides significant data of 2014 along with estimated from 2014 to 2020 based on revenue (USD Million). The report also offers detailed competitive landscape of the global biomarker technologies market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the biomarker technologies market based on product segment, technology segment, type segment, application segment, indication segments and region.
The market for biomarker technologies is segmented on the basis of products, technology, type, application, indications, and region. Based on product, the market is bifurcation into, services, consumables and software. Out of all products consumables is the leading segment and predicted to show highest growth in the years to come. Different, imaging technologies involved in this market are, Omics technology (genomics, transcriptomics and proteomics), and bioinformatics. Omics technology was the major segment with considerable share of the biomarker technologies market in 2014. Validation biomarkers, efficacy biomarkers (Predictive, Surrogate, Pharmacodynamics, Prognostic), and safety biomarkers are various types of biomarkers. Drug discovery, diagnostics and personalized medicine are the applications of biomarker technologies market. Indication segments are incorporate neurological disorders, cancer, immunological disorders, and cardiovascular disorders among others.
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Geographically, biomarkers technologies market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Accountable advances in the healthcare infrastructure help to drive market growth in North America globally. Asia-Pacific is probable to appear as the high impending market in the near future. Increasing population of cancer and diabetes patients, budding economies of India and China, and civilizing healthcare infrastructure are factors that drive the market growth in this region.
Some of the key participants in the Biomarker technologies market include Becton, Affymetrix, Bio-Rad Laboratories, Gen-Probe, DiagnoCure Abbott Laboratories, Hoffmann La Roche Ltd, Dickinson and Company, Siemens Healthcare, Agilent Technologies, and Danaher Corporation among others.
The report segments the Biomarker technologies market into:
Biomarker Technologies Market: Product Segment Analysis
Biomarker Technologies Market: Technology Segment Analysis
Biomarker Technologies Market: Application Segment Analysis
Biomarker Technologies Market: Type Segment Analysis
Biomarker Technologies Market: Indication Segment Analysis
Biomarker Technologies Market: Regional Segment Analysis
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