Details:Europe Cancer Biomarkers Market Analysis and Size
Data Bridge Market Research analyses that the cancer biomarkers market which was USD 4.15 billion in 2022, would rocket up to USD 9.56 billion by 2030, and is expected to undergo a CAGR of 11.0% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
In addition, competitor analysis is performed very well in the large scale Europe Cancer Biomarkers Market report which takes into account vital aspects about the key players in the market such as strong and weak points of the competitors and analysis of their strategies with respect to product and market. Such details about competitive landscape plays very important role in deciding about the enrichments required in the product already in the market or the future product. This market report has been framed after thoroughly understanding business environment which best suits the requirements of the client. The top notch Europe Cancer Biomarkers Market business report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors.
Europe Cancer Biomarkers Market Scope and Segmentation
REPORT METRIC DETAILS
Forecast Period 2023 to 2030
Base Year 2022
Historic Years 2021 (Customizable to 2015 - 2020)
Quantitative Units Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered Product (Consumables, Services, Software, Growth Hormone Therapy), Type (Safety Biomarkers, Efficacy Biomarkers, Validation Biomarkers, Protein Biomarkers, Pharmacodynamics Biomarkers, Genetic Biomarkers), Profiling Technologies (OMICS, Imaging Technology, Immunoassays, Cytogenetics and Bioinformatics), Service (Sample Preparation, Assay Development, Biomarkers and Testing), Application (Diagnostics Development, Drug Discovery and Development, Personalized Medicine, Disease-Risk Assessment, Others), Disease (Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer, and Other Diseases), Indication (Cancer, Cardiovascular Disorders, Neurological Disorders, Immunological Disorders, Others)
Countries Covered Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
Market Players Covered F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific Inc. (U.S.), Abbott (U.S.), QIAGEN (Germany), PerkinElmer, Inc. (U.S.), Merck KGaA (Germany) , Bio-Rad Laboratories, Inc. (U.S.) , Enzo Biochem, Inc. (U.S), Charles River Laboratories (U.S.), Eurofins Scientific (Luxembourg), Agilent Technologies, Inc. (U.S.), Bruker (U.S.), Siemens (U.S.), Epigenomics AG (Germany), General Electric (U.S.)
Market Opportunities • Increased R&D activities
• Increasing use of biomarker technologies in drug development
Europe Cancer Biomarkers Market Dynamics
• Rising R&D activities
In November 2019, Hitachi and the Centre Léon Bérard cancer centre in France promoted R&D aimed at improving the efficiency of cancer diagnosis and treatment by establishing the Hitachi Lyon Lab. The research also includes the identification of biomarkers in the context of resistance using genomic data, which may allow for the prediction of responses and prognoses following radiation treatment. As a result, the high cancer burden and increased R&D activities are drive the market growth.
• Rise in lung cancer
Lung cancer is caused by the uncontrolled proliferation of abnormal cells in one or both lungs. Although it can affect people who have never smoked, smokers are at the greatest risk of developing lung cancer. The duration and number of cigarettes smoked by the patient increase the risk of lung cancer. Other risk factors include second-hand smoke, asbestos, certain metals, some organic chemicals, radiation, air pollution, and diesel exhaust in the workplace or in the environment. With the rise in cancer cases, millions of people worldwide are becoming infected with COVID-19. Since the focus of healthcare facilities has shifted to COVID-19, cancer patients' treatment and cancer biomarker-related clinical trials have been paused for a period of time.
• Rising cancer cases
According to Globocan 2020 estimates, there were 457,960 new cancer cases in the United Kingdom, with prostate, breast, lung, colon, and skin cancer being the most common types of cancer detected. According to the same estimates, Italy had 415,269 new cancer cases and approximately 174,759 deaths. As a result of the rising number of cancer cases, the cancer biomarkers market in Europe is expected to grow significantly during the forecast period.
• High treatment costs
The obstacles such as high investment requirements, high treatment costs, and expensive capital expenditure on equipment are expected to stymie market expansion, as are technical challenges with sample collection and a lack of suitable reimbursement.
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With an international Europe Cancer Biomarkers Market research report, best market opportunities are brought into focus along with the well-organized information to bring about growth in the market. Industry outlook, critical success factors, industry dynamics, market definition, drivers and restraints, market segmentation, value chain analysis, key developments, application and technology outlook, regional or country level analysis and competitive landscape are the key elements covered in the this report. The credible Europe Cancer Biomarkers Market report contains historic data along with future forecast and detailed analysis for the market on a global and regional level.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Europe Cancer Biomarkers Market Landscape
Part 04: Europe Cancer Biomarkers Market Sizing
Part 05: Europe Cancer Biomarkers Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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