Tag Archives: Biomarkers

Biomarkers Market at a CAGR of 13.80% Growth, Trends and Absolute Opportunity up to 2026

Biomarkers Market is expected to rise from its initial estimated value of USD 36.19 billion to an estimated value of USD 101.80 billion by 2026, registering a CAGR of 13.80% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing diagnostic applications of biomarkers.

Key Market Competitors:

Few of the major competitors currently working in the biomarkers market are MESO SCALE DIAGNOSTICS, LLC., EKF Diagnostics Holdings plc,  Enzo Biochem Inc., Bio-Rad Laboratories, Inc., Merck KGaA, PerkinElmer Inc., QIAGEN, Agilent Technologies, Inc., Bruker, Epigenomics AG, General Electric Company, Nexus-Dx., LifeSign LLC, F. Hoffmann-La Roche Ltd.

Biomarkers Market will grow at CAGR of 13.80% to hit $101.80 Billion by 2026

Biomarkers Market is expected to rise from its initial estimated value of USD 36.19 billion to an estimated value of USD 101.80 billion by 2026, registering a CAGR of 13.80% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing diagnostic applications of biomarkers.

Biomarkers which is also known as molecular marker or signature molecule, is used to check that how body responds to a treatment of any condition or disease. In simple words, they are used to examine the organ functions and other health conditions. They are also used in the imaging technology so that they can provide clear imaging of oncology tumors and other problems. They are also used in clinical studies to determine the effect and results of drugs in early stage.

Cancer Testing Equipment Market is expected to reach $26 Billion by 2023, whereas Cancer Screening Market is expected to reach $ 123 Billion by 2023

According to the new market research report by IndustryARC titled “ Cancer Testing and Screening Market : By Techniques (Imaging, Biopsy,, Biomarkers); By Cancer Type (Respiratory, Breast, Skin, Digestive), Stage, Gender, Product Type, Geography – Forecasts 2018 – 2023” the market is expected to grow due to the rise in geriatric population and unhealthy lifestyles.

Americas to have a major share in the Cancer Testing and Screening Market