Biomarkers Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION Biomarkers Market – Overview Biomarkers are used for diagnosis and drug development, as these biomarkers can indicate diseases in the body. Furthermore, biomarkers can be any specific cells, molecules, genes or gene products, enzymes or hormones. Biomarker-based test are precise and rapid, which help in early prediction of susceptibility, prognosis, diagnosis, and treatment of disease. Hence, increasing research and development activities for identifying new biomarkers to diagnose or treat diseases is expected to be major factor growth of the market. Biomarker are required for personalized medicine as it helps to identify the unique characteristics of the disease and helps to tailor medicine according to the need of patients. Hence, to cater to demand for personalized medicines, pharmaceutical companies are investing in R&D, which is expected to lead to identification of novel biomarkers, thus aiding in growth of the market. The global biomarkers market is projected to witness significant growth over the forecast period, owing to rapid advancements in technology for development of novel biomarker. For instance, in February 2018, FDA granted marketing authorization to Banyan Biomarkers, Inc. for the first diagnostic blood test for traumatic brain injury named Banyan BTI. Such innovations, targeting different indications, is expected to drive biomarkers market growth in the near future.
REPORT DESCRIPTION Biomarkers Market Taxonomy: By Product Type: Biomarker Test Kits Biomarker Analyzers By Disease Indication: Cancer Cardiovascular Disorder Infectious Disease Neurological Disorder By Application: Diagnosis Drug Discovery and Development Get Request a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/1530
REPORT DESCRIPTION Biomarkers Market – Key Players Medtronic plc BG Medicine, Inc F. Hoffmann-La Roche Ltd Seimens Healthnineers Nexus-DX Qiagen N.V Lifesign LLC Key players are involved in new product launches to cater to increasing demand for biomarkers. For instance, in 2016 Abbott Laboratories launched Point-of-Care i-STAT Alinity, an innovative, handheld blood testing platform. Get More Inf @ https://www.coherentmarketinsights.com/market-insight/biomarkers-market-1530
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