According to the report “Biomarkers Market”, published by market Data Forecast, the global market is projected to reach USD 46.12 billion by 2020, at a CAGR of 13.44% from 2015 to 2020.
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Biomarkers are described as the biological molecules or genes assist in crucial clinical decisions and diagnosis of health conditions in patients. These are also known as molecular markers or signature molecules and used to analyze the pharmacologic responses, biological & pathological conditions. Biomarkers are found extensively in body fluids and tissues. Biomarkers are helpful in drug discovery & development processes and assessment of disease conditions.
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Global Biomarkers market is expected to witness growth owing to increasing research & development spending, rising healthcare expenditure, and growing demand for biomarkers in diagnostic field. In addition, increasing number of low cost of clinical trials in emerging countries, growing initiatives in biomarkers research, increasing growth of information technology, growing demand for drug discovery are further propelling the growth of global biomarkers market.
Global market for biomarkers is segmented on the basis of product, type, application, and disease indications.
On the basis of Product
On the basis of Type
On the basis of Application
Drug Discovery and Development
Disease Risk Assessment
On the basis of Disease Indications
On the basis of Geography
Middle East & Africa
Segmentation: Write in form of bullet points
The key players in global biomarkers market include, Bio-Rad Laboratories (U.S.), Qiagen N.V. (Netherlands), Enzo Biochem (U.S.), PerkinElmer, Inc. (U.S.), Merck & Co, Inc. (U.S.), EKF Diagnostics Holdings plc. (U.S.), Meso Scale Diagnostics, LLC (U.S.), Singulex, Inc. (U.S.), BioSims Technologies (France), Cisbio Bioassays (France), and Signosis, Inc. (U.S.).
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