“Global Biomarkers Market set to grow to 57bn by 2024” says Visiongain report
12 February 2019
Visiongain has published a new pharma report Global Biomarkers Market Report: Consumables, Services, Software, Biomarker Discovery, Biomarker Diagnostics, Biomarker Services, Safety Biomarkers, Efficacy Biomarkers, Validation Biomarkers, Genomics, Proteomics, Bioinformatics, Cancer, Cardiovascular Diseases, CNS Diseases, Autoimmune Diseases.
The use of biomarkers in drug development, including as surrogate endpoints for clinical trials, is rapidly gaining acceptance within the pharmaceutical industry and with regulatory bodies. A great deal of research has been performed in the past decade alone for the discovery of disease biomarkers, identifying new drug targets, as well indicators for treatment response. This field is being driven by increased investment by pharmaceutical companies and academia, as well non-profit organisations.
This report profiled the selected companies: AB SCIEX, Abbott Laboratories, Agilent, AstraZeneca, Axela Inc, Caprion Proteomics, Charles River Laboratories, Critical Diagnostics, Epigenomics and others.
The analyst commented that "The increased demand for diagnostic tests that will identify patients who are most likely to respond to treatment will be a key factor in the growth of this sector. The biomarker discovery sector will also grow strongly, as a result of increased interest in biomarker research within the pharmaceutical industry. Future growth in the genomic biomarkers market will be driven by progress in mapping the genome of specific diseases."
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