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

Consumables
Services
Software

On the basis of Type

Safety Biomarkers
Efficacy Biomarkers
Validation Biomarker

On the basis of Application

Diagnostics Development
Drug Discovery and Development
Personalized Medicine
Disease Risk Assessment
Other Applications

On the basis of Disease Indications

Cancer
Cardiovascular Disorders
Neurological Disorders
Immunological Disorders
Other Diseases

On the basis of Geography

North America
Europe
Asia-Pacific
Latin America
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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