(
EMAILWIRE.COM, January 29, 2018 ) The
Europe Companion Diagnostics Market was worth $0.77 billion in 2016 and estimated to be growing at a CAGR of 19.05%, to reach $1.84 billion by 2021.
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http://www.marketdataforecast.com/market-reports/europe-companion-diagnostics-market-642/The continued expansion of companion diagnostics will also have a global module as markets in Europe will develop in a similar but not identical pattern as the US.
Companion diagnostics are an essential part of modified medicine and will likely continue to rapidly rise in number and application to disease areas. Companion diagnostics and targeted therapeutics are the pillars of personalised medicine. Aspects of genetic testing are used for testing possible abnormalities and modifying the treatment so as to make it as personalized as the disease itself.
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http://www.marketdataforecast.com/market-reports/europe-companion-diagnostics-market-642/request-sampleA major driver for growth of the market will continue to be the economic reasons for drug developers to pair their products with diagnostics. Restricted regulatory barriers for drug and diagnostic combination products, which the current IVD directive classifies under the low-risk category, are accelerating market access. One of the greatest challenges to future growth in companion diagnostics is supporting the inducements of all stakeholders.
The Europe clinical nutrition market is segmented on the basis of indication into Oncology (Colorectal Cancer, Breast Cancer, Lung Cancer, Melanoma, and Gastric Cancer), Cardiovascular Diseases, Central Nervous System Disorders, Inflammation and Virology Diseases. Further, Oncology is sub-segmented as Colorectal Cancer, Breast Cancer, Lung Cancer, Melanoma, and Gastric Cancer. Oncology being the highest revenue creating segment as most of the companion diagnostics has been developed to detect one or the other cancer biomarkers. On the basis of technology, the market is bifurcated into Immunohistochemistry and molecular diagnostics. Molecular diagnostics is segmented into in-situ hybridization, real time PCR and gene sequencing.
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http://www.marketdataforecast.com/market-reports/europe-companion-diagnostics-market-642/inquireBased on geography the European market is analysed under various regions namely, Germany, U.K, Spain, Italy and France. With the increasing initiatives from government Germany is growing at the highest rate in this region.
Some of the key participating global players in companion diagnostics market global market are Abbott Molecular Inc., Roche Molecular Systems Inc., Leica Biosystems Nussloch GmbH, bioMérieux Inc., Dako Inc., Qiagen Ltd., ARUP Laboratories, Myriad Genetics Inc.,Biogenex Laboratories Inc., Ventana Medical Systems Inc., Thermo Fisher Scientific Inc. and others.
By Indications:
Oncology
• Colorectal Cancer
• Breast Cancer
• Lung Cancer
• Gastric Cancer
• Melanoma
Inflammation and Autoimmune Diseases
Cardiovascular Diseases
Central Nervous System Disorders
Virology Diseases
By Technology:
Immuno Histochemistry
Molecular Diagnostics
• In-Situ Hybridization
• Real Time PCR
• Gene Sequencing
Based on geography the market is analyzed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle East. Due to technical advancement and huge investment on research & development, North America is leading the companion diagnostic market. While Europe and Asia-Pacific are expected to grow at significant growth rate.
North America Companion Diagnostics Market
Europe Companion Diagnostics Market
Asia-Pacific Companion Diagnostics Market
Latin America Companion Diagnostics Market
Middle-East and Africa Companion Diagnostics Market
Some of the key participating global players in companion diagnostics market global market are Abbott Molecular Inc., Roche Molecular Systems Inc., Leica Bio systems Nussloch GmbH, bioMérieux Inc., Dako Inc., Qiagen Ltd., ARUP Laboratories, Myriad Genetics Inc.,Biogenex Laboratories Inc., Ventana Medical Systems Inc., Thermo Fisher Scientific Inc. and others.
The Companion Diagnostics Market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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