Global Biomarkers Market Size, Analysis, Competitive Strategies and Forecasts, 2016-2022 - Data Bridge Market Research

Market Analysis:
Biomarkers are substances or activities that serve as markers of a specific biological activity. Biomarkers are extensively used in research and diagnostic applications. In addition to this, they are also used in the development of new drug therapies through the discovery of new target drugs. The Global Biomarkers Market is expected to reach USD 62.0 billion by 2022, at a CAGR of 12.1% from 2016 to 2020.

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Global Biomarkers Market
By Product Type
 Consumables,
 Services
By Technology
 Predictive
 Pharmacodynamic
 Safety
Application
 Diagnostics
 Drug Discovery
 Personalized Medicine
 Indication
 Cardiovascular, Immunological
By Geography
 North America
 Europe,
 Asia-Pacific,
 Latin America, Middle East and Africa

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Key Drivers: Global Biomarkers Market
Global biomarker market is growing with the increased usage of biomarkers in cancer treatment, growing efforts towards drug discovery, wide application of biomarkers in personalized medicine and diagnostics, initiatives taken towards biomarker research are furthermore boosting the growth of the global biomarkers market.

Key Points: Global Biomarkers Market
 Global biomarkers market is dominated by Bio-Rad Laboratories, Inc., followed by Perkin Elmer, Inc. and Qiagen.
 Consumables segment is expected to dominate the Global biomarkers market.
 The biomarkers market in the Global region is leading in North America, Europe, Asia-Pacific accounts for the highest market share in this region.

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