Genomic Biomarkers market research report performs the methodical and comprehensive market research study that puts forth the facts and figures linked with any subject about healthcare industry. The report provides with the complete knowledge and information of rapidly changing market landscape, what is already there in the market, future trends or market expectations, the competitive environment, and competitor strategies that aids in planning strategies with which business can outshine the competitors. A reliable Genomic Biomarkers report brings into focus plentiful of factors such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis which all aids to take business towards the growth and success.
Global genomic biomarkers market is set to witness a healthy CAGR of 17.65% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing cases of colorectal cancer and rising awareness about benefit of biomarker to treat fatal diseases are the major factor for the growth of this market.
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Few of the major competitors currently working in the global genomic biomarkers market are Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Myriad Genetics, Inc, Eurofins Scientific, QIAGEN, Bio-Rad Laboratories, Inc., MedGenome, Almac Group, Transgenomic Ltd, Sema4., GENOME LIFE SCIENCES, Creative Diagnostics, Cancer Genetics Inc., FOUNDATION MEDICINE, INC. CENTOGENE AG,, Quanterix., and others
Key Developments in the Market:
In September 2018, Cancer Genetics, Inc. and NovellusDx, Ltd announced that they have signed an agreement according to which they are going to merge so that they can combine their data set and test portfolio associated to tumor biology. The main aim of the acquisition is to expand their therapeutic development and provide better treatment to the patient and biopharma companies
In February 2015, Roche announced that they have acquired Signature Diagnostics AG so that they can advance their translational research for their generating sequencing diagnostics. The main aim of the acquisition is to develop their NGS assays using cfDNA so that they can create non- invasive treatment for cancer patients
Increasing demand for minimally invasive procedure will drive the market
Technological advancement and development in clinical laboratory tests will propel market
Increasing cases gastric and ovarian cancer will also act as a driver for this market
Rising demand for genomic biomarker based medicine will also contribute as a factor for the growth of this market
Difficulty related with the process of genomics biomarker will also restrain the market
Strict government regulation will also restrain the growth of this market
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Points to focus in the report
- The report offers market share appraisals for regional and global levels
- To gain detailed overview of parent market
- Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
- The study provides an in-depth analysis of the global order management software market and current & future trends to elucidate imminent investment pockets.
- Analyze and forecast Genomic Biomarkers market on the basis of type, function and application.
Segmentation: Global Genomic Biomarkers Market
By End- User
Diagnostic and research laboratories
Middle East and Africa
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Potential of the report
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them.
- Learn about the market strategies that are being adopted by your competitors and leading organizations
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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