Global Companion Diagnostics Market 2019-2023

Global Companion Diagnostics Market 2019-2023

About this market

The growing importance for promotional activities to drive market growth. The companion diagnostics are not as frequently marketed like other test kits and devices that are available in the market due to its specificity, wherein it can be used only for a drug. Therefore, more emphasis must be provided toward improving distribution network and increasing the product availability to end-users. Online media and search engines are the primary sources for advertising, owing to the low return on investment and limited visibility of other media. Technavio’s analysts have predicted that the companion diagnostics market will register a CAGR of almost 25% by 2023.

Market Overview

Rising use of personalized medicine

Personalized medicine is a multi-faceted method to patient care that not only improves capacity to diagnose and treat diseases but offers the potential to distinguish diseases at an earlier stage, which makes it easier for practitioners to treat effectively. With its specificity in treating particular disease based on individual's genetic characteristics, personalized medicine is gaining popularity.

Lack of manpower

Companion diagnostic tests are highly technical, and care must be taken at each step to facilitate a successful execution of these tests, to generate reproducible results. A major challenge in these scientific fields is the lack of technically skilled and trained staff.

For the detailed list of factors that will drive and challenge the growth of the companion diagnostics market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Abbott and Agilent Technologies the competitive environment is quite intense. Factors such as the rising use of personalized medicine and the growing importance for promotional activities, will provide considerable growth opportunities to companion diagnostics manufactures. Abbott, Agilent Technologies, F. Hoffmann-La Roche, QIAGEN, and Thermo Fisher Scientific are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global medical devices market
      • Table Segments of global medical devices market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Life science - Market size and forecast 2018-2023
      • Table Life science - Market size and forecast 2018-2023 ($ millions)
      • Table Life science - Year-over-year growth 2019-2023 (%)
    • Health centers - Market size and forecast 2018-2023
      • Table Health centers - Market size and forecast 2018-2023 ($ millions)
      • Table Health centers - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Abbott
      • Table Abbott - Vendor overview
      • Table Abbott - Business segments
      • Table Abbott - Organizational developments
      • Table Abbott - Geographic focus
      • Table Abbott - Segment focus
      • Table Abbott - Key offerings
    • Agilent Technologies
      • Table Agilent Technologies - Vendor overview
      • Table Agilent Technologies - Business segments
      • Table Agilent Technologies - Organizational developments
      • Table Agilent Technologies - Geographic focus
      • Table Agilent Technologies - Segment focus
      • Table Agilent Technologies - Key offerings
    • F. Hoffmann-La Roche
      • Table F. Hoffmann-La Roche - Vendor overview
      • Table F. Hoffmann-La Roche - Business segments
      • Table F. Hoffmann-La Roche - Organizational developments
      • Table F. Hoffmann-La Roche - Geographic focus
      • Table F. Hoffmann-La Roche - Segment focus
      • Table F. Hoffmann-La Roche - Key offerings
    • QIAGEN
      • Table QIAGEN - Vendor overview
      • Table QIAGEN - Business segments
      • Table QIAGEN - Organizational developments
      • Table QIAGEN - Geographic focus
      • Table QIAGEN - Segment focus
      • Table QIAGEN - Key offerings
    • Thermo Fisher Scientific
      • Table Thermo Fisher Scientific - Vendor overview
      • Table Thermo Fisher Scientific - Business segments
      • Table Thermo Fisher Scientific - Organizational developments
      • Table Thermo Fisher Scientific - Geographic focus
      • Table Thermo Fisher Scientific - Segment focus
      • Table Thermo Fisher Scientific - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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