Guidewires Market size forecast to exceed $2.6bn by 2023 - PowerPoint PPT Presentation


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Guidewires Market size forecast to exceed $2.6bn by 2023


Guidewires Market Size by Product, Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 - 2023 – PowerPoint PPT presentation

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Title: Guidewires Market size forecast to exceed $2.6bn by 2023

Carcinoembryonic Antigen (CEA) Market Size worth
2.78bn by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Carcinoembryonic Antigen
  • Global carcinoembryonic antigen (CEA) market size
    was USD 1.67 billion in 2015, with 6.6 CAGR
    growth forecast from 2016 to 2023.
  • North America, with U.S. carcinoembryonic antigen
    market size accounting for over 78 regional
    revenue in 2015, will be driven due to high
    incidence rates of cancers, presence of
    sophisticated healthcare infrastructure, and high
    patient awareness levels.
  • Europe CEA market, with Germany, France Spain
    occupying over 45 share, will see 6.9 CAGR from
    2016 to 2023.  
  • Breast cancer carcinoembryonic antigen market
    share is forecast to exceed USD 460 million in
    revenue by 2023. Breast cancer market is
    stimulated by factors such as growing number of
    female population above 50 years, rising demand
    for Hormone Replacement Therapy (HRT), and
    cosmetic surgeries.

  • Technological advancements in proteomics, such as
    protein labeling, mass spectrometry, protein
    array, protein bioinformatics, and novel
    immunological assays such as radioimmunoassay is
    responsible for significant rise in the demand
    for CEA test used in combination.
  • Industry rivalry for the global carcinoembryonic
    antigen market share is expected to be moderately
    high, since the manufacturers need to deal with
    cut throat price competition in the market, and
    are required to incessantly launch new and
    technologically advanced products. Acquisitions
    and mergers are one of the major strategies
    adopted by industry participants.

North America carcinoembryonic antigen market
size, by application, 2014-2023 (USD Million)


Browse Full Market Research Report On
Carcinoembryonic Antigen Market _at_
http// Request for a Sample of
this Research Report _at_ https//
request-sample/detail/427 https//www.gminsights.
360 Analysis
  • Application Analysis
  • Colorectal cancer is the predominant market
    segment in 2016, with 42 of the global
    carcinoembryonic antigen market share, owing to a
    significantly large patient pool becoming prone
    to cancer due to consumption of fatty foods,
    alcohol, and exposure to carcinogenic elements.
  • Regional Analysis
  • North America, driven by the U.S CEA market size,
    is targeted to exceed USD 800 million in 2016,
    making it the largest regional market. Increased
    awareness level to detect the cancer at early
    stages, followed by improved health care
    facilities for cancer therapeutics will stimulate
  • Competitive Market Share
  • The top players in this market include Roche
    Diagnostics, Quest Diagnostics, Abbott
    Diagnostics, and GenWay Biotech, Inc. among
    others. New product launch in response to growing
    demand for minimally invasive procedures, and
    early detection methods is major strategy adopted
    by the players in this market, in order to
    maintain leadership position.

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