Latest Insight Shows Biomarkers Market Trends, Future Prospects
A biological marker, commonly known as a biomarker,
measures and evaluates biological and pathogenic processes. It also measures
pharmacological responses to a therapeutic intervention. Biomarkers are used in
predictions, cause, diagnosis, progression, regression and outcome of various
diseases. Biomarkers can be specific cell, molecules, genes, gene products,
enzymes, hormones, complex organ functions, and general characteristic changes in
biological structure.
Factors such as rising demand of personalized
medicine, and companion diagnostics are some of the major growth drivers for
the global biomarker market. Recent advancements in the discovery technologies
such as genome sequencing are also contributing to the overall growth of the
global biomarker market. Increasing personalized solution for cancer treatment,
and prevention, rising interdisciplinary systems biology approach and
development of OMICS technology is expected to drive the market during the
forecast period.
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North America was the largest market of biomarkers
in 2014. The market dominance of North America is attributed to the high
concentration of pharmaceutical company and their research and development
(R&D) center in this region, also the aging population and rising
healthcare expenditure in North America is fueling the demand of biomarker in
this region. Asia-Pacific market is estimated to be fasted growing market of
biomarkers in coming years, attributed to the rising healthcare infrastructure
and rising healthcare awareness among the consumers in developing countries.
Country wise the U.S. and Canada are some of the major market of biomarkers in
North America. Italy, Germany, Spain, the U.K., and France are some of the
dominant biomarker market in Europe. China, India, and Japan are major
biomarker market in Asia-Pacific.
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Some of the major players operating in the global biomarkers
market include, Abbott Laboratories, Affymetrix Inc., Agilent Technologies
Inc., Dickinson and Company, Becton, Celera Corporation., Epigenomics AG.,
Bruker Corporation, DiagnoCure Inc., GE Healthcare, Siemens AG, Thermo Fisher
Scientific Inc., Bio-Rad Laboratories, Clarient Inc., hermo Fisher Scientific,
Inc., Epistem Ltd., and Aushon BioSystem Inc.,
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New York City, NY - 10016
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