Global Biomarkers Market Share with CAGR 15.1% by 2024 (2)

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Global Biomarkers Market
Global Biomarkers Market Share with CAGR 15.1
by 2024
Global Biomarkers Market By Application
(Diagnostics Development, Drug Discovery and
Development, Personalized Medicine, Disease-Risk
Assessment, Others), By Product Type
(Consumables, Services, Software), Technology
(Safety Biomarkers, Efficacy Biomarkers,
Validation Biomarkers), Indication (Cancer,
Cardiovascular Disorders, Neurological Disorders,
Immunological Disorders, Others), Geography
(North America, Europe, Asia-Pacific, South
America, Middle East and Africa) Industry Trends
and Forecast to 2024
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global-biomarkers-market
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Report Description

• The factors such as increased usage of biomarkers
  in cancer treatment, growing efforts towards drug
  discovery, wide application of biomarkers in
  personalized medicine and diagnostics,
  initiatives taken towards biomarker research are
  furthermore boosting the growth of the global
  biomarkers market.
• On the other hand, high capital investment may
  hinder the growth of the market.
• The biomarker market in the Global region is
  leading in North America.

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Key Drivers

• Global biomarker market is growing with the
  increased usage of biomarkers in cancer
  treatment, growing efforts towards drug
  discovery, wide application of biomarkers in
  personalized medicine and diagnostics,
  initiatives taken towards biomarker research are
  furthermore boosting the growth of the global
  biomarkers market.

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Market Segmentation

• The global biomarker market is segmented on the
  basis of product type, technology, application
  and indication.
• The global biomarkers market is segmented based
  on product type into three notable segments
  consumables, services and software. In 2017,
  consumables segment is expected to dominate the
  global biomarkers market with 58.6 market share
  and is expected to reach USD 51,156.05 million by
  2024, with the highest CAGR of 15.4 in the
  forecast period 2017 to 2024.
• In 2017, safety biomarkers is expected to
  dominate the global biomarkers market with 47.8
  market share and is expected to reach USD 
  41,933.30 million by 2024, with the highest CAGR
  of 15.4 in the forecast period 2017 to 2024.

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Competitive Landscape
Global Biomarkers Market contains an in-depth
profiling of the key market players, along with
the recent developments and strategies adopted by
them to sustain and strengthen their positions in
the market. Bio-Rad Laboratories, Inc., followed
by PerkinElmer, Inc. and Qiagen. Other players in
this market include Merck Co., Inc., EKF
Diagnostics, Enzo biochem, Inc., Meso Scale
Diagnostics, LLC, Singulex, Inc., Signosis, Inc.,
and Cisbio Bioassays among others.
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