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Companion Diagnostics Market - Trends, Analysis and Forecast till 2024

Global Companion Diagnostics Market report categorizes global market by Application(Breast Cancer, Lung Cancer, Colorectal Cancer, Gastric Cancer, Melanoma), Technology(Immunohistochemistry, Real-time PCR, Gene Sequencing, FISH), and Geography - Trends, Analysis and Forecast till 2024

Global Companion Diagnostics Market report categorizes global market by Application(Breast Cancer, Lung Cancer, Colorectal Cancer, Gastric Cancer, Melanoma), Technology(Immunohistochemistry, Real-time PCR, Gene Sequencing, FISH), and Geography - Trends, Analysis and Forecast till 2024

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<strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong> -<br />

GLOBAL INDUSTRY INSIGHTS, TRENDS,<br />

OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016-<br />

<strong>2024</strong><br />

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REPORT DESCRIPTION<br />

Global <strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong> – Overview<br />

Personalized medicine is the new segment in discussion among healthcare experts around the globe. Also,<br />

encouragement from the regulatory bodies such as the FDA <strong>and</strong> EMEA in erms of providing a defined structure for<br />

companion diagnostic development is driving research activities in personalized medicine. Diagnosis at molecular level<br />

for each individual is of prime importance to identify the target biomarker before deciding the therapy. <strong>Companion</strong><br />

diagnostic is one such emerging field for target biomarker identification reducing clinical trial cost <strong>and</strong> time to market<br />

the product.<br />

Pharmaceutical companies need to constantly innovate <strong>and</strong> integrate latest technological breakthroughs in order to<br />

sustain in the companion diagnostics market, given the looming threat of new technologies posing threat to existing<br />

product portfolio <strong>and</strong> research pipeline. Novartis AG focuses on R&D for biomarkers with the help of its partner<br />

SomaLogic, Inc., once they begin the process of finalizing the drug c<strong>and</strong>idate. Such pre-work is now part of the routine<br />

of drug development, something that was an alien practice <strong>till</strong> around a decade ago. The U.S. FDA released a draft<br />

guideline for companion diagnostics in July 2016, providing a structure for the pharmaceutical companies to codevelop<br />

CDx test along with the drug therapies.<br />

The global companion diagnostics market was valued at US$ 1,614.5 million in 2015 <strong>and</strong> is expected to witness a<br />

robust CAGR of 12.0% during the forecast period (2016 – <strong>2024</strong>).<br />

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REPORT DESCRIPTION<br />

Global <strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong> Taxonomy:<br />

Global <strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong>, By Application:<br />

●<br />

●<br />

●<br />

●<br />

●<br />

●<br />

Breast Cancer<br />

Lung Cancer<br />

Colorectal Cancer<br />

Gastric Cancer<br />

Melanoma<br />

Others<br />

Global <strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong>, By Technology:<br />

●<br />

●<br />

●<br />

●<br />

●<br />

Immunohistochemistry<br />

Real-time PCR<br />

Gene Sequencing<br />

FISH<br />

Others<br />

Request report sample for more professional <strong>and</strong> technical insights:<br />

https://www.coherentmarketinsights.com/insight/request-sample/109<br />

© Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION<br />

Global <strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong> Taxonomy:<br />

Global <strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong>, By Geography:<br />

●<br />

●<br />

●<br />

●<br />

●<br />

●<br />

North America<br />

Europe<br />

Asia-Pacific<br />

Latin America<br />

Middle East<br />

Africa<br />

Click here to know more about this publish report:<br />

https://www.coherentmarketinsights.com/market-insight/companion-diagnostics<br />

-market-109<br />

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REPORT DESCRIPTION<br />

Global <strong>Companion</strong> <strong>Diagnostics</strong> <strong>Market</strong>: Key Players<br />

Major players involved in the global companion diagnostics market include:<br />

●<br />

Abbott Laboratories, Inc.<br />

●<br />

Agilent Technologies, Inc.<br />

●<br />

Danaher Corporation<br />

●<br />

GE Healthcare<br />

●<br />

Qiagen N.V.<br />

●<br />

Roche <strong>Diagnostics</strong><br />

●<br />

Myriad Genetics, Inc.<br />

●<br />

bioMérieux SA<br />

●<br />

Illumina, Inc.<br />

●<br />

Siemens Healthcare<br />

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