Europe Cancer Biomarkers Market Size, Share & Industry Trends Analysis Report By Profiling Technologies, By Application, By Type, By Cancer Type, By Country and Growth Forecast, 2022 - 2028
The Europe Cancer Biomarkers Market would witness market growth of 16.1% CAGR during the forecast period (2022-2028).
As data is generated more actively in the healthcare industry, a few emerging countries have transcended the shortage of data, and the rest countries are likely to follow suit. This data supplementation is expected to serve as the foundation for any national cancer policy. As a result, this factor may contribute to a growth in the number of patients seeking cancer treatment. As a result, the cancer biomarkers market is expected to grow as demand grows in low- and middle-income nations.
Growing initiatives to create medications that target novel cancer biomarkers, as well as the launch of the technologically sophisticated companion diagnostic kits, are expected to propel the market forward. The usage of cancer biomarkers is expected to increase as patients become more aware of tailored therapies. The Global Cancer Biomarkers Market study offers a comprehensive analysis of the industry. The research includes a detailed analysis of key trends, segments, drivers, constraints, the competitive landscape, and other important market variables.
According to 2015 data, the United Kingdom's Department of Health and Social Care invests significantly yearly in cancer-related treatment and services. Biomarkers can be used to assess patients in a variety of clinical settings, including estimating disease risk, screening for occult primary cancers, differentiating benign from malignant findings or one type of malignancy from another, identifying prognosis and prediction for cancer patients, and monitoring disease status, either to detect recurrence or ascertain response or progression to therapy. Lung cancer is caused by the uncontrollable proliferation of aberrant cells in one or both lungs. Persons who smoke have the biggest risk of lung cancer, despite the fact that it can affect people who have never smoked. The time and number of cigarettes smoked by a patient increase the risk of lung cancer. Other risk factors include asbestos, second-hand smoke, certain metals, some organic compounds, radiation, air pollution, and diesel exhaust at the workplace or in the environment.
The Germany market dominated the Europe Cancer Biomarkers Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,234.1 million by 2028. The UK market is anticipated to grow at a CAGR of 15.1% during (2022 - 2028). Additionally, The France market would witness a CAGR of 17% during (2022 - 2028).
Based on Profiling Technologies, the market is segmented into Omics Technologies, Imaging Technologies, Immunoassay, Bioinformatics, and Cytogenetics. Based on Application, the market is segmented into Diagnostics, Research & Development, Prognostics, Risk Assessment, and Others. Based on Type, the market is segmented into Protein, Genetic, and Others. Based on Cancer Type, the market is segmented into Breast Cancer, Lung Cancer, Colorectal Cancer, Thyroid Cancer, Melanoma & Leukemia, Kidney & Bladder Cancer, Non-Hodgkin's Lymphoma, Prostate Cancer, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BioMérieux S.A., F. Hoffmann-La Roche Ltd., Becton, Dickinson and Company, Abbott Laboratories, Thermo Fisher Scientific, Inc., Illumina, Inc., Bio-Rad Laboratories, Inc., Qiagen N.V., Agilent Technologies, Inc., and Merck & Co., Inc.
Scope of the Study
Market Segments covered in the Report:
By Profiling Technologies
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