The global Biomarker Technologies industry report serves essential and auxiliary information which is illustrated as pie-charts, Biomarker Technologies tables, systematic outlook, and reference diagrams. The Biomarker Technologies report is introduced capably, that contains fundamental argot, important Biomarker Technologies review, understandings, and certain realities according to consolation and cognizance. Biomarker Technologies Well-established international vendors are giving tough competition to new players in the Biomarker Technologies market as they struggle with technological development, reliability and quality problems.
The Global Biomarker Technologies Market is expected to reach USD 89.47 billion by 2025, from USD 31.81 billion in 2017 growing at a CAGR of 13.8% during the forecast period of 2018 to 2025.
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Well known players of Global Biomarker Technologies Market are Bio-Rad Laboratories, Agilent Technologies, SHIMADZU CORPORATION, Thermo Fisher Scientific, Waters Corporation, Roche, QIAGEN, Illumina, GE, Abbott, BD, Danaher Corporation, bioMérieux, Merck, Abbott, Myriad Genetics, Sysmex Corporation, Quest Diagnostics and others.
Based on test type
- solid biopsy and
- liquid biopsy
On the basis of product
- services and
On the basis of profiling technology
- imaging technologies,
- mass spectrometry,
- cytogenetics and other profiling technologies
The biomarker identification, validation & development research are further segmented on the basis of products into consumables, instruments, services and software. The routine biomarker-based tests are also further segmented on the basis of products into consumables, instruments, services and software.
On the basis of application
- biomarker identification,
- validation & development research and
- routine biomarker-based tests
On the basis of research area
- metabolomics and other research areas
The metabolomics market segment is further sub segmented into metabolic flux, lipidomics and others.
Based on geography
- North America & South America,
- Asia-Pacific and,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
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Key Developments in the Market
Recently a microfluidic capillary immunoassay platform for fast and highly sensitive measurement of biomarkers has been developed by the Bioanalytical Microsystems Laboratory at IMTEK (Institute of Microsystem Technology). This micro-ELISA system combines microfluidic capillary channel (immobilization cell) where the primary antibodies are coated covalently with an electrochemical detection system.
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Major market drivers and restraints
- Increasing diagnostic applications of biomarkers
- Increasing R&D funding for pharma and biotech companies
- Increasing number of CROs and low cost of clinical trials in developing countries
- High prevalence of cancer
- High capital investments and low cost-benefit ratio
- Poorly suited regulatory and reimbursement systems
- Technical issues related to sample collection and storage
The global biomarker technologies market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of biomarker technologies market for global, Europe, North America, Asia Pacific and South America.
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