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New study: Companion diagnostics market global forecast 2017-2024

Medical Market Research

Global Companion Diagnostics Market By Product and services (Assay Kits and Reagents, Software & Services)Technology (Polymerase Chain Reaction, Immunohistochemistry, Next-Generation Sequencing, In Situ Hybridization), { Indication (Oncology (Breast Cancer, Lung Cancer, Colorectal Cancer, Gastric Cancer, Melanoma) Neurology, Infectious Diseases}, End Users (Pharmaceutical and Biopharmaceutical Companies, Reference Laboratories), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Global Companion Diagnostics Market accounted to USD 6.50 billion in 2016 growing at a CAGR of 20.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Drivers and Restraints:

  • Increasing number of genetic testing
  • Growing technological development
  • Increase in cost related to technological advancement

The global companion diagnostics market is segmented on the basis of product, technology, indication, end-user, and geography.

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On the basis of product and services, global companion diagnostics market is segmented into assay kits and reagents and software & services.

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On the basis of technology, global companion diagnostics market is segmented into polymerase chain reaction, immunohistochemistry, next-generation sequencing and in situ hybridization.

On the basis of indication, global companion diagnostics market is segmented into oncology, neurology and infectious diseases whereas; oncology is sub segmented into breast cancer, lung cancer, colorectal cancer, gastric cancer and melanoma.

Based on end users global companion diagnostics market is segmented into pharmaceutical and biopharmaceutical companies and reference laboratories.

On the basis of geography, global companion diagnostics market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, 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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The Global Companion Diagnostics Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.

Some of the major players operating in this market are

  • F. Hoffmann La Roche Diagnostics
  • Abbott
  • Agilent Technologies
  • Ventana Medical Systems Inc.
  • Myriad Genetics
  • Leica Biosystems Nussloch GmbH
  • ARUP Laboratories
  • Life Technologies
  • Thermo Fisher Scientific Inc.
  • bioMerieux SA

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