Companion Diagnostics Market Gaining Traction Through Rise Of Precision Medicine Industry by IndustryARC

Companion Diagnostics Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Companion Diagnostics Market 2019-2024

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Companion Diagnostics Market Outlook Prevalence of infectious disease is a burden for the citizenâ&#x20AC;&#x2122;s economic and healthy growth across the globe. Emerging and re-emerging bacteria, microbes, and viruses are still a challenge in controlling infectious disease. The production of effective medical equipment for treatment, prevention, and diagnostics of infectious disease is a mandate. Such circumstances encourage the development in the companion diagnostic development market, and as per the IndustryARC market research report, the companion diagnostic market size stood at $2,950 million as of 2018. And the market value is estimated to increase at a compound annual growth rate (CAGR) of 14.5% through the forecast period of 2019 to 2025.

Companion Diagnostics Market: Leading Segments The North American region occupied the largest companion diagnostic demands in 2018 with 41% of the total demand share. North America shares the highest market share due to its Hepatitis A plague that affects high number of individuals. According to the Department of Housing and Urban Development[KK1] , around 553,000 people were homeless in the United States as of 2018, and the disease was found to be more prevalent in thehomeless communities of the society.[JA2] North America is one of the developed regions and has numerous medical policies to support its citizens. With such a prevalence of infectious disease and policies to safeguard the health of people, the diagnostic companion market is projected to increase at a considerable rate.

Hospitals, among other end-user industries, is the most lucrative application segment of the companion diagnostics market. The hospital industry is increasing at a CAGR of 12.5% during the aforementioned forecast period. The globally increasing diseases and requirement of healthcare units at short checkpoints are driving the growth of hospitals, which is subsequently deriving profits to the adjacent companion diagnostics market.

Companion Diagnostics Market

Companion Diagnostics Market Demand Analysis Companion diagnostic (CDx) is a diagnostic test used as a companion to a therapeutic drug to determine its applicability to an individual person. It involves multiple monitoring methods including immunohistochemistry (IHC), polymerase Chain Reaction (PCR), insitu hybridization (ISH), real-time PCR (RT-PCR), and gene sequencing. All these methods are significantly improving healthcare diagnostics. Also, these processes are tremendously optimizing the precision in medication for the patients. The companion diagnostics uses technologies such as molecular biology technique, drug and diagnostic technology, and oncology therapy for the treatment of colorectal cancer, breast cancer, and other chronic diseases. According to the World Health Organization[KK3], the global cancer burden was 18.1 million in 2018 and the death toll surpassed 9 million in the same year. Growing cancer treatment initiatives are one of the largest growth factors for the growth in the global companion diagnostics market.

Companion Diagnostics Market Trends Âˇ The technological advancements in the in-situ hybridization and automated silverenhanced in-situ hybridization (SISH) for the monitoring of genes is trending in the global companion diagnostics market. Âˇ

The requirement for customized therapeutics for the increasing geriatrics population and the rising number of diagnostics laboratories in both the developed and developing economies is prevalent to drive profits in the global companion diagnostics market.

Companion Diagnostics Market Key Companies Some of the key players influencing the global market are:- Abbott Laboratories, Agilent Technologies, biomerieux, Bio-Genex Laboratories, Danaher Corporation, GE Healthcare, Myriad Genetics, Inc., QIAGEN N.V., R-Biopharm AG, and Roche Diagnostics.

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Companion Diagnostics Market

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C. Pharmacogenomics Technology Theranostics Companion Diagnostic Market https://industryarc.com/Research/Pharmacogenomics-Technology-Theranostics-CompanionDiagnostics-Market-Research-503743

What can you expect from the report? The companion diagnostics marketis prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories & Application &

11. Demand Analysis (Revenue Volume)

2. Market trends & Relevant Market Data

12. Country level Analysis

3. Manufacturer Landscape

13. Competitor Analysis

4. Distributor Landscape

14. Market Shares Analysis

5. Pricing Analysis

15. Value Chain Analysis

Companion Diagnostics Market

6. Top 10 End user Analysis

16. Supply Chain Analysis

7. Product Benchmarking

17. Strategic Analysis

8. Product Developments

18. Current & Future Market

Landscape 9. Mergers & Acquisition Analysis

Analysis 19. Opportunity Analysis

10. Patent Analysis

20. Revenue and Volume Analysis

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Companion Diagnostics Market

Mr. Venkat Reddy Sales Manager Email 1: sales@industryarc.com Or Email 2: venkat@industryarc.com Contact Sales: +1-614-588-8538 (Ext-101)

About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare. [KK1]https://www.novoco.com/sites/default/files/atoms/files/hud_ahar_2018_121718.pdf

[KK3]https://www.who.int/cancer/PRGlobocanFinal.pdf

Companion Diagnostics Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Companion Diagnostics Market Overview 2. Executive Summary 3. Companion Diagnostics - Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1. Product Benchmarking 3.2.2. End user profiling 3.2.3. Patent Analysis 3.2.4. Top 5 Financials Analysis 4. Companion Diagnostics - Market Forces 4.1. Market Drivers 4.2. Market Constraints 4.3. Market Challenges 4.4. Attractiveness of the Industry 4.4.1. Power of Suppliers 4.4.2. Power of Customers 4.4.3. Threat of New entrants 4.4.4. Threat of Substitution 4.4.5. Degree of Competition 5. Companion Diagnostics Market – Government Regulations 6. Companion Diagnostics Market – Strategic Analysis 6.1. Value Chain Analysis 6.2. Pricing Analysis 6.3. Opportunities Analysis 6.4. Product/Market Life Cycle Analysis 7. Companion Diagnostics Market – By Technology 7.1. Polymerase Chain Reaction (PCR) 7.2. Sequencing-based 7.3. In Situ Hybridization (ISH) 7.4. Immunohistochemistry (IHC) 7.5. Others 8. Companion Diagnostics Market – By Applications 8.1. Breast Cancer 8.2. Lung Cancer 8.3. Colorectal Cancer 8.4. Melanoma 8.5. Gastric Cancer 8.6. Others 9. Companion Diagnostics Market – By End Users 9.1. Pharmaceutical Companies 9.2. Reference Laboratries 9.3. CRO 9.4. Hospitals 9.5. Research Institutes 10. Companion Diagnostics - Market Geographic Analysis 10.1. Americas 10.2. Europe 10.3. APAC 10.4. ROW

Companion Diagnostics Market

11. Market Entropy 11.1. New Product Launches 11.2. M&As, Collaborations, JVs and Partnerships 12. Company Profiles (Overview, Financials, SWOT Analysis â&#x20AC;&#x201C; Top 5 Companies, Developments, Product Portfolio) 12.1. Abbott Laboratories 12.2. Advanced Cell Diagnostics Inc. 12.3. Agilent Technologies, Inc. 12.4. BiomĂŠrieux 12.5. Biogenex Laboratories 12.6. Danaher Corporation 12.7. GE Healthcare 12.8. Myriad Genetics, Inc. 12.9. Qiagen N.V. 12.10. Roche Diagnostics 12.11. Thermo Fisher Scientific, Inc. 12.12. R-Biopharm AG 12.13. Cypher Genomics 12.14. Flagship Biosciences 12.15. Applied Proteomics 12.16. Ignyta, Inc. 12.17. Madison Vaccines, Inc. 12.18. Ventana Medical Systems, Inc. *More than 30 Companies are profiled in this Research Report, Complete List available on Request* "*Financials would be provided on a best efforts basis for private companies" 13. Appendix 13.1. Abbreviations 13.2. Sources 13.3. Research Methodology 13.4. Bibliography 13.5. Compilation of Expert Insights 13.6. Disclaimer

Companion Diagnostics Market

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Companion Diagnostics Market

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