Companion Diagnostics Market Growth: Key Market Players and Analysis
Companion
Diagnostics Market Size was estimated at USD 7.8 billion in 2022 and is
poised to reach at 18.2 billion in 2030 anticipated to expand at a compound
annual growth rate approx. CAGR of 11.2% for the forecast period of 2023-2030.
The Companion Diagnostics Market Report provides a
comprehensive analysis of the global Companion Diagnostics market, highlighting
key trends, growth drivers, challenges, and opportunities. The report aims to
assist industry stakeholders in making informed decisions and formulating
effective strategies.
The Companion Diagnostics Market is a rapidly growing sector
in the healthcare industry that holds immense potential for improving patient
outcomes and revolutionizing personalized medicine. Companion diagnostics are
medical devices or tests that provide information about a patient's genetic
makeup, enabling healthcare professionals to tailor treatment plans
specifically to individual patients.
Get Free PDF Sample Report: https://www.snsinsider.com/sample-request/2915
One of the key drivers behind the growth of this market is
the increasing prevalence of chronic diseases such as cancer, cardiovascular
disorders, and neurological conditions. These diseases often require targeted
therapies that can be more effective when accompanied by companion diagnostics.
By identifying specific biomarkers or genetic mutations in patients, companion
diagnostics help determine whether a particular therapy will be beneficial or
if alternative treatments should be considered.
Moreover, companion diagnostics play a crucial role in drug
development and clinical trials. They enable pharmaceutical companies to
identify patient populations that are most likely to respond positively to
their experimental drugs, thus streamlining the drug development process and
reducing costs associated with failed trials.
KEY MARKET SEGMENTS
By Technology Type
·
Frequency Immunohistochemistry
·
Polymerase Chain Reaction (PCR)
·
Next Generation Sequencing (NGS)
·
In Situ Hybridization
·
Others
By Indication
·
Oncology
·
Neurology
·
Others
Major Players Listed in the Report are as Follows:
Agilent Technologies, Inc., Illumina, Inc., QIAGEN N.V.,
Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd., ARUP Laboratories,
Abbott, Myriad Genetics, Inc., bioMérieux SA, Invivoscribe, Inc., and others.
Other Report
Magnetic
Resonance Imaging (MRI) Market Growth
Brain
Tumor Drugs Market Growth
About US:
SNS Insider has been a leader in data and analytics globally
with its authentic consumer and market insights. The trust of our clients and
business partners has always been at the center of who we are as a company. We
are a business that leads the industry in innovation, and to support the
success of our clients, our highly skilled engineers, consultants, and data
scientists have consistently pushed the limits of the industry with innovative
methodology and measuring technologies.
We assist our clients to anticipate industrial, economic,
and consumer trends to drive disruptive change by fusing global experience with
local information from experts throughout the world. We bring context to
strategic and tactical data by bridging approaches based on data science and
field research, assisting you in addressing your most pressing problems and
spotting possibilities.
Contact Us:
Akash Anand – Head of Business Development & Strategy,
info@snsinsider.com,
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Comments
Post a Comment