The global predictive biomarkers market is expected to register a revenue CAGR during the forecast period. Increase in number of clinical trials is a key factor driving market revenue growth during the forecast period. In addition, developments and advancements in this field are expanding. Approximately, 427,086 clinical studies are currently under trial globally. Predictive biomarkers are also utilized to identify patients who will benefit from adjuvant radio- and or chemotherapy. Predictive biomarkers can help with patient care decisions like choosing between different interventions or figuring out which patients would benefit from a particular treatment. For instance, Kirsten Ras (KRAS) is a frequently mutated oncogene in colorectal cancer and a predictive biomarker for Epidermal Growth Factor (anti-EGFR) monoclonal antibody therapy resistance. According to MD Anderson Cancer, KRAS mutations are among the most prevalent gene mutations associated with cancer, found in about 25% of malignancies.
It sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of Predictive Biomarkers through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.
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Competitive Outlook: The leading companies operating in the Predictive Biomarkers market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Predictive Biomarkers Market and Profiled in the Report are:
Siemens Healthcare GmbH, F. Hoffman-La Roche Ltd, General Electric Company, Abbott, QIAGEN, Johnson Johnson Services, Inc., PerkinElmer Inc., Thermo Fisher Scientific, Almac Group, Merck KGaA
Objectives of the Report:
Study of the global Predictive Biomarkers market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Predictive Biomarkers market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Predictive Biomarkers market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Predictive Biomarkers market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Indication Outlook (Revenue, USD Billion; 2019-2030)
- Cancer
- Neurological Disorder
- Cardiovascular Disorder
- Immunological Disorder
- Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Diagnostic Centers
- Contract Research Organizations (CROs)
- Academic Research Institutes
- Pharma and Biotech companies
- Others
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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