Press release
Molecular Biomarkers For Cancer Detection Market to Witness an Outstanding Growth by 2026
Molecular biomarkers are molecules which can be used as indicators for normal biological processes, pathogenic processes and body’s response to pharmacological processes. Molecular biomarkers for cancer detection provide information of an individual’s likeliness to develop cancer, provide information on the type of cancer, provide information on optimal drugs that can be used for the treatment of cancer, whether the chances of cancer returning after going into remission persist, etc. Cancer detection molecular biomarkers are usually made up of proteins, however, in recent years the information related to cancer biomarkers has increased rapidly along with developments in gene expression technology has led to the development of DNA-based molecular biomarkers which can provide more specific information and early detection of cancer. With the growing incidence cancer worldwide and rising economic burden caused by cancer is expected to increase demand for early detection of cancer.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1788
Molecular Biomarkers for Cancer Detection Market: Drivers and Restraints
Rising incidence of cancer globally is expected to boost the molecular biomarkers for cancer detection market over the forecast period. As per the CDC (Centers for Disease Control and Prevention) by 2025, 19.3 million cases of cancer cases are expected to be diagnosed each year which in turn is supposed to increase demand for early detection of cancer. Development of molecular biomarkers – blood-based strategies to detect and monitor cancer is expected to boost demand for such biomarkers over the forecast period. The paradigm shift towards personalized medicine for treatment of cancer is expected to increase demand for cancer detection biomarkers as manufacturing personalized medicine depends on the pharmacological diagnosis of cancer. Collaborations between research centers and manufacturers over the forecast period is expected to boost the molecular biomarkers for cancer detection market. However, a high cost of biomarkers and failure of products in R&D pipeline is expected to hamper the market growth. As biomarkers are mostly derived from human tissue negative opinion form patients is expected to slow revenue growth of the molecular biomarkers for cancer detection. The low shelf life of biomarkers is also a critical factor which may reduce adoption rate however with the development of biomarkers with increased shelf life by the manufacturers over the forecast period the demand for molecular biomarkers for cancer detection is expected to gain traction.
Molecular Biomarkers for Cancer Detection Market: Segmentation
The global biomarkers for cancer detection market are segmented into three segments, by cancer/tumor type, by end user and by region.
Segmentation by cancer/tumor type
Breast cancer
Lung cancer
Prostate cancer
Colorectal cancer
Cervical cancer
Others
Segmentation by end user
Hospitals
Specialty clinics
Diagnostic centers
Molecular Biomarkers for Cancer Detection Market: Region – Wise Outlook
Regionally, North America is expected to be the dominant market. Rising incidence of cancer and high adoption of biomarkers is expected to boost the demand for molecular biomarkers for cancer detection. Western Europe is expected to follow next in adoption of molecular biomarkers for cancer detection. Increasing research funding for development of novel biomarkers and presence of key players in the North America and Western Europe is expected to create high growth opportunities for biomarker manufacturers in these regions. APEJ (Asia-Pacific excluding Japan) is expected to be next followed by North America and Western Europe owing to increasing demand for cancer diagnostics in India, Australia, and China. Japan is expected to witness the high adoption of molecular biomarkers owing to increasing R&D investment in cancer-related research form the government and local clinical research organizations. Latin America and MEA regions are expected to follow in line demand for molecular biomarkers for cancer detection owing to changing global trend for cancer detection.
To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-1788
Molecular Biomarkers for Cancer Detection Market: Key Players
Some key players in the molecular biomarkers for cancer detection are Abbott Laboratories, Agilent Technologies, Roche Diagnostics, Ltd., Qiagen N.V., Thermo Fisher Scientific, Inc., Becton Dickenson & Company, Merck & Co, Inc.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
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616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
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T: +1-347-918-3531
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Email: sales@futuremarketinsights.com
Web:https://www.futuremarketinsights.com/
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1788
Molecular Biomarkers for Cancer Detection Market: Drivers and Restraints
Rising incidence of cancer globally is expected to boost the molecular biomarkers for cancer detection market over the forecast period. As per the CDC (Centers for Disease Control and Prevention) by 2025, 19.3 million cases of cancer cases are expected to be diagnosed each year which in turn is supposed to increase demand for early detection of cancer. Development of molecular biomarkers – blood-based strategies to detect and monitor cancer is expected to boost demand for such biomarkers over the forecast period. The paradigm shift towards personalized medicine for treatment of cancer is expected to increase demand for cancer detection biomarkers as manufacturing personalized medicine depends on the pharmacological diagnosis of cancer. Collaborations between research centers and manufacturers over the forecast period is expected to boost the molecular biomarkers for cancer detection market. However, a high cost of biomarkers and failure of products in R&D pipeline is expected to hamper the market growth. As biomarkers are mostly derived from human tissue negative opinion form patients is expected to slow revenue growth of the molecular biomarkers for cancer detection. The low shelf life of biomarkers is also a critical factor which may reduce adoption rate however with the development of biomarkers with increased shelf life by the manufacturers over the forecast period the demand for molecular biomarkers for cancer detection is expected to gain traction.
Molecular Biomarkers for Cancer Detection Market: Segmentation
The global biomarkers for cancer detection market are segmented into three segments, by cancer/tumor type, by end user and by region.
Segmentation by cancer/tumor type
Breast cancer
Lung cancer
Prostate cancer
Colorectal cancer
Cervical cancer
Others
Segmentation by end user
Hospitals
Specialty clinics
Diagnostic centers
Molecular Biomarkers for Cancer Detection Market: Region – Wise Outlook
Regionally, North America is expected to be the dominant market. Rising incidence of cancer and high adoption of biomarkers is expected to boost the demand for molecular biomarkers for cancer detection. Western Europe is expected to follow next in adoption of molecular biomarkers for cancer detection. Increasing research funding for development of novel biomarkers and presence of key players in the North America and Western Europe is expected to create high growth opportunities for biomarker manufacturers in these regions. APEJ (Asia-Pacific excluding Japan) is expected to be next followed by North America and Western Europe owing to increasing demand for cancer diagnostics in India, Australia, and China. Japan is expected to witness the high adoption of molecular biomarkers owing to increasing R&D investment in cancer-related research form the government and local clinical research organizations. Latin America and MEA regions are expected to follow in line demand for molecular biomarkers for cancer detection owing to changing global trend for cancer detection.
To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-1788
Molecular Biomarkers for Cancer Detection Market: Key Players
Some key players in the molecular biomarkers for cancer detection are Abbott Laboratories, Agilent Technologies, Roche Diagnostics, Ltd., Qiagen N.V., Thermo Fisher Scientific, Inc., Becton Dickenson & Company, Merck & Co, Inc.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web:https://www.futuremarketinsights.com/
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