(Australia-NewsWire.Com, August 22, 2017 ) North America accounted for the largest share of the cancer biomarkers market.
Cancer biomarkers are molecules secreted by a tumour or a precise response of the body to the existence of cancer. These are also referred as matter or processes which are symptomatic of the presence of cancer in the human body, which enhances the cancer recognition and facilitate high speed, non-invasive diagnosis using genomics and proteomics based tools.
The increasing incidence of cancer, growing demand for highly developed diagnostics tests, improved awareness and acceptance of diagnostics tests, progression in technologies and the need for early stage cancer diagnosis propels the growth of this market. But, inadequately suited regulatory and reimbursement systems for biomarker tests and necessity of high capital investments for biomarker innovation and development are estimated to hinder the growth of this market during the forecast period.
The North America cancer biomarkers market is segmented on the basis of disease into Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer and Other Cancers. Based on services market is divided into Sample Preparation, Assay development and Biomarkers validation and testing. On the basis of application, market is bifurcated into Risk Assessment, Development of molecular diagnostics, Disease diagnosis, Drug discovery and Development and Drug formulation. By Type, the cancer biomarkers market is segregated into Protein Biomarkers, Genetic biomarkers and other biomarkers. Based on profiling technologies, segmentation is among omics technologies, Imaging technologies, Immunoassays, Cytogenetics, Bioinformatics and IVD multivariate index assays. Omics technologies segment is further sub segmented into Genomics, Proteomics, Metabolomics, Transcriptomics and Pharmacogenomics.
Based on geography, the market is analysed under various countries namely, USA and Canada. USA is dominating the cancer biomarkers market followed by Canada.
Some of the major players in this market are Abbott Laboratories, Agendia Bv, Biocurex Inc, Biomerieux S.A., Biomoda Inc, Astellas Pharma Us Inc, Correlogic Systems Inc, Beckman Coulter Inc, Becton, Dickinson And Company, Clarient Inc, Diadexus Inc, Ambrilia Biopharma, Affymetrix Inc and Aureon Laboratories Inc.
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