Dallas, TX -- (SBWIRE) -- 05/11/2010 -- The Healthcare practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global oncology biomarkers market to be held on 18th May 2010.
The global oncology biomarker market is expected to grow from $4.1 billion in 2009 to $9.5 billion in 2014 at a CAGR of 18.1% from 2009 to 2014. The market is primarily driven by the strong government support and the increasing demand for personalized treatment, due to which technologies such as genomics and proteomics are gaining importance.
The oncology biomarkers market offers high-growth opportunities with numerous initiatives to encourage biomarker-based cancer treatment. Government agencies such as Food and Drug Administration (FDA) and the National Cancer Institute (NCI) have taken an active interest in the field, especially with the declining success to failure rate of oncology drugs.
The report segments the overall market for oncology biomarkers into the submarkets for biomarker-based cancer discovery and diagnostics. While the discovery market currently holds the larger market share, the diagnostic market is expected to have a higher CAGR. The biomarkers diagnostics market is dominated by Roche, which commands a 28% market share, followed by Gen-Probe, which holds a share of 18%.
This analyst briefing focuses on the global oncology biomarkers market over the period 2009-2014.The agenda for the briefing includes discussion on key high growth markets, marking the growth trend in biomarker discovery and diagnosis. The briefing will also cover the competitive scenario and the trends and opportunities in the geographic markets of North America, Europe, Asia, and ROW.
Browse the complete report on: http://www.marketsandmarkets.com/AnalystBriefing/oncology-biomarker-market.asp
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