Companion Diagnostics Market: Insights and Analysis for Investors and Industry Professionals | CAGR 18.3%
Companion Diagnostics Market– Global Outlook and Forecast 2023-2030 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2030). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global Companion Diagnostics Market. Some of the key players profiled in the study are Abbott Laboratories Molecular, Agilent (Dako Denmark A/S), ARUP Laboratories, BioMerieux, Danaher Corporation (Leica Microsystems), Foundation Medicine, Myriad Genetics, Roche (Ventana Medical Systems), Thermo Fisher Scientific (Life Technologies Corporation), QIAGEN. The global Companion Diagnostics market is expected to reach $6,452 million by 2026, growing at a CAGR of 18.3% from 2019 to 2026.
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Companion Diagnostics Market Outlook 2020-2030
The global market is dominated by the polymerase chain reaction (PCR) segment in terms of technology, and this trend is expected to continue during the forecast period. The PCR segment is driven by factors such as cost-effectiveness, high sensitivity and specificity, and its ability to be used in simple automated platforms. However, the next-generation sequencing (NGS) segment is expected to grow rapidly due to its advanced technique and faster turnaround times compared to PCR.
In terms of indication, the global companion diagnostics market is divided into oncology, neurology, and other areas. Currently, the oncology segment is the major revenue generator and is expected to grow significantly during the forecast period. The growth of the oncology segment is driven by several factors including the higher prevalence of cancer, increased research and development activities for cancer treatment, the existence of unmet needs for cancer treatment, a rise in the number of FDA-approved companion diagnostics, and increased patient awareness about personalized medicine.
Marketing Communication and Sales Channel
Understanding “marketing effectiveness” on a continual basis, help determine the potential of advertising and marketing communications and allow to use of best practices to utilize untapped audience. In order to make marketers make effective strategies and identify why the target market is not giving attention, we ensure the Study is Segmented with appropriate marketing & sales channels to identify potential market size by value & Volume* (if Applicable).
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The segments and sub-section of Companion Diagnostics market is shown below:
By Technology Type: Immunohistochemistry, Polymerase Chain Reaction [PCR], Next Generation Sequencing [NGS], In Situ Hybridization, and Others
By Indication: Oncology, Neurology, and Others
Some of the key players involved in the Market are: Abbott Laboratories Molecular, Agilent (Dako Denmark A/S), ARUP Laboratories, BioMerieux, Danaher Corporation (Leica Microsystems), Foundation Medicine, Myriad Genetics, Roche (Ventana Medical Systems), Thermo Fisher Scientific (Life Technologies Corporation), QIAGEN.
Important years considered in the Companion Diagnostics study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2030 [** unless otherwise stated]
If opting for the Global version of Companion Diagnostics Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Introduction about Companion Diagnostics Market
Companion Diagnostics Market Size (Sales) Market Share by Type (Product Category)
Companion Diagnostics Market by Application/End Users
Companion Diagnostics Sales (Volume) and Market Share Comparison by Applications
Global Companion Diagnostics Sales and Growth Rate (2020-2030)
Companion Diagnostics Competition by Players/Suppliers, Region, Type, and Application
Companion Diagnostics (Volume, Value, and Sales Price) table defined for each geographic region defined.
Companion Diagnostics Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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