PUBLISHER: Market Research Future | PRODUCT CODE: 1738239
PUBLISHER: Market Research Future | PRODUCT CODE: 1738239
It is anticipated that the Asia-Pacific Biomarkers for Hematopathology Market will experience a robust market expansion at a compound annual growth rate (CAGR) of 9.22% during the review period. Biomarkers for hematopathology are biological substances that are present in the blood, tissues, or bone marrow and serve as indicators for a variety of hematological disorders, including leukemia, lymphoma, anemia, and myeloproliferative disease. Modern diagnostic techniques, including flow cytometry, PCR, immunohistochemistry, and next-generation sequencing (NGS), are typically employed to detect and quantify these biomarkers, which are typically proteins, genes, or metabolites. Biomarkers are indispensable in the diagnosis, prognosis, and assessment of treatment efficacy of blood malignancies and other hematological disorders in the field of hematopathology.
The Asia-Pacific biomarkers for the hematopathology market are being driven by the increasing emphasis on early diagnosis and the increasing prevalence of blood-related malignancies. Additionally, the market is experiencing growth as a result of partnerships that are being formed to create biomarkers for blood malignancies. Furthermore, the Asia-Pacific biomarkers for hematopathology market is being constrained by a scarcity of trained professionals and a limited healthcare infrastructure in rural areas. Nevertheless, the market will experience development opportunities in the future due to the expanding geriatric population and the ongoing research to develop biomarkers for early detection.
The Asia-Pacific Biomarkers for Hematopathology market has been segmented into products and services based on type.
The lymphoma and leukemia cancer types have been used to segment the market. The Lymphoma segment was the most dominant segment in 2023 and is expected to continue to be the fastest-growing segment during the forecast period of 2024-2032.
The market has been segmented into NGS, PCR, IHC, FISH, and other categories based on technology.
A combination of factors, such as a rising incidence of hematological cancers, advancements in molecular diagnostics, and an increasing transition toward personalized and precision medicine, are driving the substantial growth of the Asia-Pacific (APAC) market for biomarkers in hematopathology. The region is experiencing an increase in the prevalence of hematological disorders, including leukemia, lymphoma, and myeloma. Consequently, the demand for advanced diagnostic tools and biomarkers that facilitate more precise and opportune detection has arisen. The incidence of leukemia, particularly acute myeloid leukemia (AML) and chronic myeloid leukemia (CML), is increasing significantly. Biomarkers such as BCR-ABL1, FLT3, and IDH1/IDH2 are essential for the diagnosis, prognosis, and monitoring of treatment. For example, in 2020, 1,733,573 cancer cases were reported in South Asia, with leukemia comprising 62,163 (3.59%) of these cases. 36,315 men and 25,848 women were diagnosed with leukemia.
F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Merck KGaA, Becton, Agilent Technologies Inc., Dickinson and Company, and PerkinElmer are the primary participants in the market.