Players in the Cancer Tissue Diagnostics Market are Adopting Merger and Acquisition Strategies to Boost their Market Presence
The cancer tissue diagnostics market is anticipated to expand at a robust CAGR of 8.3% during the projected period, 2016 -2026. FMI in its latest report states that the demand will grow by leaps & bounds as diagnostic technologies will continue to get more credible and efficient.
“Advent of revolutionary second and third-gen diagnostics platforms in the cancer tissue diagnostics market are anticipated to gain significant traction over the forecast period.,” states the FMI analyst.
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Cancer Tissue Diagnostics Market- Important Highlights
- North America remains the key beneficiary in the Cancer Tissue Diagnostics market, holding over majority of the market share.
- In Situ hybridization test will remain the key beneficiary in the global market throughout the forecast period.
- Breast cancer diagnostics are projected to capture comparatively bigger market share among other categories.
Cancer Tissue Diagnostics Market – Drivers
- Growing cases of cancer, worldwide turns out to be a potent aspects boosting the demand for cancer tissue diagnostics.
- Incessantly rising number of cancer biomarkers are projected to boost the global market.
- Provision of advanced diagnostics at reduced cost is catalyzing the growth of the market over the assessment period.
Cancer Tissue Diagnostics Market – Restraints
- High degree of R&D investment and budget constraints might act as constraining factors to the market growth
- Deferral in introduction of new treatment, and unfavorable reimbursement policies hinder market growth over the forecast period.
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Coronavirus Impact on Cancer Tissue Diagnostics Market
The COVID-19 outbreak had a positive impact on the cancer tissue diagnostics market. Increased pervasiveness of the infection together with lack of diagnostic kits to test the ailment is boosting the demand for testing & screening devices. This is complementing tissue diagnostics virology companies to focus on offering authentic testing kits, which consecutively is generating significant growth prospects for the cancer tissue diagnostics market.
Key players identified in the global Cancer Tissue Diagnostics market include Abbott Laboratories, Thermo Fisher Scientific Inc., F. Hoffmann-La Roche , Ltd. , Bio Rad Laboratories Inc., Ventana Medical Systems, Inc, Abcam plc., Enzo Life Sciences, Inc. , Cell Signaling Technology, Inc., BioGenex, PerkinElmer Inc. , Agilent Technologies, Inc., Cancer Genetics Inc., Bio SB, ROSETTA GENOMICS, Danaher Corporation, Creative-Biolabs, Nanoprobes, Inc., Sigma-Aldrich Co. LLC and Enzo Life Sciences, Inc.
Table Of Content
- Executive Summary
- Cancer Tissue Diagnostics Introduction
2.1. Cancer Tissue Diagnostics Definition
2.2. Cancer Tissue Diagnostics Taxonomy
- Cancer Tissue Diagnostics Analysis Scenario
3.1. Cancer Tissue Diagnostics Size (US$ Mn) and Forecast
3.1.1. Market Size and Y-o-Y Growth
3.1.2. Absolute $ Opportunity
- Cancer Tissue Diagnostics Analysis Scenario
4.1. Macro-economic Factors
4.2.1. Supply Side
4.2.2. Demand Side
4.6. Cancer Epidemiology
4.7. Cancer Tissue Diagnostics Regulatory and Reimbursement Scenario
4.8. Porter’s Analysis
- Global Cancer Tissue Diagnostics Analysis and Forecast, By Test Type
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About the Study
The study offers readers a comprehensive assessment of the cancer tissue diagnostics market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights according to Immunohistochemistry (IHC) test (breast cancer, lung cancer, stomach cancer, colorectal cancer, prostate cancer and others), In Situ Hybridisation Test(breast cancer, non-small cell lung cancer, bladder cancer and others), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
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About Future Market Insights
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