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Europe biomarkers is poised to reach USD 13.06 billion by 2020

(EMAILWIRE.COM, June 22, 2017 ) Europe biomarkers market is expected to reach USD 13.06 billion by 2020 from USD 7.12 billion in 2015, growing at a CAGR of 12.90% during forecast period 2015-2020.

View Full Report @ http://www.marketdataforecast.com/market-reports/europe-biomarkers-market-194/

Biomarkers are described as the biological molecules or genes assist in crucial clinical decisions and diagnosis of health conditions in patients. These are also known as molecular markers or signature molecules and used to analyze the pharmacologic responses, biological & pathological conditions. Biomarkers are found extensively in body fluids and tissues. Biomarkers are helpful in drug discovery & development processes and assessment of disease conditions.

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Increasing healthcare expenditure, growing aging population, rising number of cancer patients, growing demand for diagnostics, increasing awareness on healthy lifestyle are driving the growth of biomarkers market in Europe. In addition, increasing utilization of biomarkers in clinical trials & drug discovery and growing technologies in biomarkers discovery are further stimulating the growth of biomarkers market in Europe. However, requirement of qualitative biomarkers validation and high cost of the biomarkers development are expected to restrain the growth of biomarkers market in Europe.

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Europe biomarkers market is segmented based on the product, type, application, and disease indications. Based on product, the market is further sub-segmented as consumables, software, and services. Based on type, the market is segmented as safety biomarkers, efficacy biomarkers, and validation biomarkers. Biomarkers application is further segmented as diagnostics developments, drug discovery & developments, personalized medicine, and disease risk assessment. Based on disease indications, the market is segmented as cancer, cardiovascular, neurological, and immunological disorders.

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On the basis of geographical areas, Europe biomarkers market is segmented as U.K., Germany, France, Italy, and Spain.

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The key players in biomarkers market include, Bio-Rad Laboratories (U.S.), Qiagen N.V. (Netherlands), Enzo Biochem (U.S.), PerkinElmer, Inc. (U.S.), Merck & Co, Inc. (U.S.), EKF Diagnostics Holdings plc. (U.S.), Meso Scale Diagnostics, LLC (U.S.), Singulex, Inc. (U.S.), BioSims Technologies (France), Cisbio Bioassays (France), and Signosis, Inc. (U.S.).

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com

Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/

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Market Data Forecast

Abhishek

+1-888- 702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com


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