New Study on Cancer Profiling Market, By Technology Immunoassays, Hybridization, PCR, In Situ Hybridization (ISH), DNA/RNA Microarray, Next Generation Sequencing and Mass Spectrometry. Cancer/Tumor Profiling Market, By Cancer Type like Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer and Melanoma Cancer.
Growth in the cancer profiling market is driven by the increasing number of cancer cases, growing utility of biomarkers in tumor profiling, and availability of funding for cancer research. The cancer/tumor profiling market is primarily driven by the increasing number of cancer cases, growing utility of biomarkers in tumor profiling, and availability of funding for cancer research.
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Global cancer profiling market is projected to reach USD 8.74 Billion in 2022 from USD 4.75 Billion in 2016 at a CAGR of 10.7%.
The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2022.
Cancer profiling market in this report is segmented by cancer type, application, technology, and region. The study tracks and analyzes competitive developments such as product launches, collaborations, agreements, partnerships, and acquisitions, and profiles key players and core competencies in the cancer/tumor profiling market.
The cancer profiling market is categorized into clinical application, and research application. In 2017, the clinical application segment is expected to account for the largest share of the cancer/tumor profiling market.
Technological advancements and the need for early diagnosis are further aiding market growth in this segment.
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North America is expected to account for the largest share of the cancer/tumor profiling market in 2017, followed by Europe, APAC, and the RoW. The large share of the North American market is mainly attributed to the increasing government support for discovery and development of biomarkers, increasing demand for personalized medicine, adoption of advanced omics technologies for biomarker discovery, and rising use of biomarkers in drug discovery and development by pharmaceutical companies in that region.
- Hospitals and clinics
- Research institutes and clinical research organizations (CROs)
- Market research and consulting firms
- Authorities framing reimbursement policies for use of cancer diagnostics
- Companies offering platforms/technologies for cancer diagnosis
- Market research and consulting firms
The cancer/tumor profiling market is dominated by established players such as Illumina (US), QIAGEN (Netherlands), Neo Genomics Laboratories (US), HTG Molecular Diagnostic (US), and Genomic Health (US). In-depth assessment of strategies, products, and manufacturing capabilities of the key players in the global cancer/tumor profiling market.
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Comprehensive information on portfolios offered by the top players in the global cancer/tumor profiling market. The report analyzes the market by function, solution, end user, and region.
Comprehensive information about lucrative emerging markets report analyzes the markets for global cancer/tumor profiling products across regions.
The cancer/tumor profiling market in this report is segmented by cancer type, application, technology, and region. The study tracks and analyzes competitive developments such as product launches, collaborations, agreements, partnerships, and acquisitions, and profiles key players and core competencies in the cancer/tumor profiling market.
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