The market crossed US$ 35.72 million mark in 2022 and is expected to hit US$ 87.59 million by 2030, recording a CAGR of 11.9% during the forecast period.

The Biomarkers Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Biomarkers market growth. According to The Royal Society of Chemistry report, early cancer detection can significantly reduce cancer mortality and save lives. Great efforts are devoted to exploring new technologies for early signs of disease. For example, cancer biomarkers over a broad range of biochemical entities involving nucleic acids, proteins, sugars, and small metabolites. Such cancer biomarkers can be used for risk assessment, diagnosis, prognosis, treatment efficacy and toxicity prediction, and recurrence.

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Companies Profiled in this report includes: 

  • Hoffmann-La Roche Ltd.
  • Abbott Laboratories
  • Thermo Fisher Scientific, Inc.
  • Siemens Healthineers AG
  • Qiagen N.V.
  • PerkinElmer, Inc.
  • Bio-Rad Laboratories, Inc.
  • Charles River Laboratories International, Inc.
  • Eurofins Scientific
  • Enzo Biochem, Inc.

Recent strategic developments in global biomarkers market

The global biomarkers market has undergone several significant developments, and a few of these have been mentioned below:

  • In April 2021, F. Hoffman-La Roche Ltd. announced the launching of two cardiac biomarker tests for highly sensitive cardiac troponin T and (cTnT-hs) and N-terminal pro-brain natriuretic peptide test (NT-proBNP). These two biomarkers support cardiovascular disease management assisting clinicians in diagnosing heart attacks and managing heart failure.
  • In May 2021, QIAGEN N.V. announced the launching of the first Food and Drug Administration (FDA) approved tissue companion diagnostics, “therascreen KRAS RGQ PCR kit,” for identifying KRAS G12C mutation in NSCLC tumors and expanding precision medicine options in lung cancer.

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Type:
    • Safety Biomarkers
    • Efficacy Biomarkers
    • Validation Biomarkers
    • Others
  • Product:
    • Consumables
    • Services
    • Software

 

  • Application
    • Diagnostics
    • Drug Discovery & Development
    • Personalized Medicines
    • Others
  • Disease:
    • Cancer
    • Cardiovascular Diseases
    • Neurological Diseases
    • Immunological Diseases
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa

The report offers in-depth assessment of the growth and other aspects of the Biomarkers market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

Biomarkers Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.

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Major Key Points of Biomarkers Market

  • Biomarkers Market Overview
  • Biomarkers Market Competition
  • Biomarkers Market, Revenue and Price Trend
  • Biomarkers Market Analysis by Application
  • Company Profiles and Key Figures in Biomarkers Market
  • Market Dynamics
  • Methodology and Data Source

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape Biomarkers market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

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