PUBLISHER: Lucintel | PRODUCT CODE: 1416430
PUBLISHER: Lucintel | PRODUCT CODE: 1416430
Biomarker Trends and Forecast
The future of the global biomarker market looks promising with opportunities in the diagnostic, drug discovery & development, personalized medicine, and disease risk assessment markets. The global biomarker market is expected to reach an estimated $110.5 billion by 2030 with a CAGR of 8.8% from 2024 to 2030. The major drivers for this market are growing preference for personalized medicine and rising government support for biomarker research and development.
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Biomarker by Segment
The study includes a forecast for the global biomarker by product, type, disease indication, application, and region.
Biomarker Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Biomarker Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Biomarker Market by Disease Indication [Shipment Analysis by Value from 2018 to 2030]:
Biomarker Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Biomarker Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Biomarker Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biomarker companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biomarker companies profiled in this report include-
Biomarker Market Insights
Lucintel forecasts that consumable will remain the largest segment over the forecast period.
Within this market, diagnostic will remain the largest segment over the forecast period.
North America will remain the largest region due to growing number of population with chronic diseases and presence of key players in the region.
Features of the Global Biomarker Market
Market Size Estimates: Biomarker Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Biomarker Market by various segments, such as by product, type, disease indication, application and region in terms of($B).
Regional Analysis: Biomarker Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, types, disease indications, applications, and regions for the biomarker market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biomarker market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the biomarker market size?
Answer: The global biomarker market is expected to reach an estimated $110.5 billion by 2030.
Q.2 What is the growth forecast for biomarker market?
Answer: The global biomarker market is expected to grow with a CAGR of 8.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the biomarker market?
Answer: The major drivers for this market are growing preference for personalized medicine and rising government support for biomarker research and development.
Q4. What are the major segments for biomarker market?
Answer: The future of the biomarker market looks promising with opportunities in the diagnostic, drug discovery & development, personalized medicine, and disease risk assessment markets.
Q5. Who are the key Biomarker Market companies?
Answer: Some of the key biomarker companies are as follows:
Q6. Which biomarker market segment will be the largest in future?
Answer: Lucintel forecasts that consumable will remain the largest segment over the forecast period.
Q7. In biomarker market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to growing number of population with chronic diseases and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.