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Personalized Medicine
Clinical applications are further categorised into:
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Prognostics
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Monitoring and Treatment
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Screening
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Market Trends
Cancer/tumour profiling markets are now thriving as a result of technologically sophisticated healthcare infrastructures, the provision of advanced research and development services. Next-generation sequencing (NGS) is a specialized sequencing technology that can be used to precisely sequence tumour DNA. However, immunoassays segment accounted for the largest market share.
It is estimated that over 60% of new cancer cases in the world occur in regions such as Asia, Africa, and South and Central America, and that 70% of cancer deaths occur in these same regions. These regions may be the leading contributors to the growth and development of the global cancer/tumour profiling industry, owing to a large patient pool and potential customers. However, developing areas with high discretionary incomes, such as North America and Europe, are now at the top of the market.
Key Market Players
The major players in the market are Illumina, Inc.
/zigman2/quotes/203509482/composite ILMN
+0.39%
, Qiagen N.V., Neogenomic Laboratories, Inc., Sysmex Corporation, HTG Molecular Diagnostics, Inc., Helomics Corporation, Genomic Health, Inc., Caris Life Sciences, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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