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Global Cancer Biomarkers Market to reach USD 26.6 billion by 2027

Global Cancer Biomarkers Market Size study, by Profiling Technology (Omic Technologies, Imaging Technologies, Immunoassays, Cytogenetics-based Tests), by Biomolecule (Genetic Biomarkers, Protein Biomarkers, Glyco-biomarkers), by Cancer Type (Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Stomach Cancer, Others), by Application (Diagnostics, Drug Discovery and Development, Prognostics, Risk Assessment, Others) and Regional Forecasts 2020-2027

Product Code: HALB_40260817
Publish Date: 3-12-2020
Page: 200

Global Cancer Biomarkers Market is valued at approximately at USD 10.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 11.8% over the forecast period 2020-2027. According to the World Health Organization (WHO), cancer is the second major cause of death around the world and is responsible for nearly 70% of deaths occurred in the developed and developing countries in 2018. A cancer biomarker is the traceable molecule or substance that demonstrates the existence of cancerous cells in the human body. A biomarker may be a molecule/substance covered by a tumor or a specific response of the human body to the existence of cancerous cells. The prevention & diagnosis of cancer by examining several cancer biomarkers through the use of distinct diagnostic techniques is a profound approach to attain rapid results for treatment. Proteomic, genetic, glycomic, and epigenetic are the major biomarkers that can be extensively used for cancer diagnosis, epidemiology and prognosis. An increase in the number of cancer patients, growing awareness among patients towards cancer therapy, and rising investment and government funding in the development of cancer biomarkers are the few factors responsible for the impressive growth of the market during the forecast period. According to the International Agency for Research on Cancer (IARC), there were approximately 18.1 million novel cases of cancer and 9.6 million cancer deaths were reported throughout the world in 2018. Also, the global prevalence of cancer is projected to grow to around 27.5 million new cancer cases and nearly 16.3 million cancer deaths by the year 2040. This, in turn, is likely to strengthen the demand for Cancer Biomarkers, globally. However, the high development cost of vaccine and unregulated government regulations and reimbursement policies are the few factors impeding the market growth over the forecast period of 2020-2027.

The regional analysis of the global Cancer Biomarkers market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising usage of cancer biomarkers in drug discovery and development, along with the large presence of market players in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in prevalence of cancer and improving healthcare infrastructure in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the cancer vaccine market in the Asia-Pacific region.

Major market player included in this report are:
Abbott Laboratories
Bio-Rad Laboratories, Inc.
Bristol-Myers Squibb Company
Exact Sciences Corporation
F.Hoffmann-La Roche Ltd.
Merck KGaA
PerkinElmer, Inc.
Qiagen N.V.
Siemens AG
Thermo Fisher Scientific, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Profiling Technology:
Omic Technologies
Imaging Technologies
Cytogenetics-based Tests

By Biomolecule:
Genetic Biomarkers
Protein Biomarkers

By Cancer Type:
Breast Cancer
Lung Cancer
Colorectal Cancer
Prostate Cancer
Stomach Cancer

By Application:
Drug Discovery and Development
Risk Assessment

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Cancer Biomarkers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Cancer Biomarkers Market, by Region, 2018-2027 (USD Billion)
1.2.2. Cancer Biomarkers Market, by Profiling Technology, 2018-2027 (USD Billion)
1.2.3. Cancer Biomarkers Market, by Biomolecule, 2018-2027 (USD Billion)
1.2.4. Cancer Biomarkers Market, by Cancer Type, 2018-2027 (USD Billion)
1.2.5. Cancer Biomarkers Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cancer Biomarkers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cancer Biomarkers Market Dynamics
3.1. Cancer Biomarkers Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cancer Biomarkers Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Cancer Biomarkers Market, by Profiling Technology
5.1. Market Snapshot
5.2. Global Cancer Biomarkers Market by Profiling Technology, Performance – Potential Analysis
5.3. Global Cancer Biomarkers Market Estimates & Forecasts by Profiling Technology 2017-2027 (USD Billion)
5.4. Cancer Biomarkers Market, Sub Segment Analysis
5.4.1. Omic Technologies
5.4.2. Imaging Technologies
5.4.3. Immunoassays
5.4.4. Cytogenetics-based Tests
Chapter 6. Global Cancer Biomarkers Market, by Biomolecule
6.1. Market Snapshot
6.2. Global Cancer Biomarkers Market by Biomolecule, Performance – Potential Analysis
6.3. Global Cancer Biomarkers Market Estimates & Forecasts by Biomolecule 2017-2027 (USD Billion)
6.4. Cancer Biomarkers Market, Sub Segment Analysis
6.4.1. Genetic Biomarkers
6.4.2. Protein Biomarkers
6.4.3. Glyco-biomarkers
Chapter 7. Global Cancer Biomarkers Market, by Cancer Type
7.1. Market Snapshot
7.2. Global Cancer Biomarkers Market by Cancer Type, Performance – Potential Analysis
7.3. Global Cancer Biomarkers Market Estimates & Forecasts by Cancer Type 2017-2027 (USD Billion)
7.4. Cancer Biomarkers Market, Sub Segment Analysis
7.4.1. Breast Cancer
7.4.2. Lung Cancer
7.4.3. Colorectal Cancer
7.4.4. Prostate Cancer
7.4.5. Stomach Cancer
7.4.6. Others
Chapter 8. Global Cancer Biomarkers Market, by Application
8.1. Market Snapshot
8.2. Global Cancer Biomarkers Market by Application – Potential Analysis
8.3. Global Cancer Biomarkers Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
8.4. Cancer Biomarkers Market, Sub Segment Analysis
8.4.1. Diagnostics
8.4.2. Drug Discovery and Development
8.4.3. Prognostics
8.4.4. Risk Assessment
8.4.5. Others
Chapter 9. Global Cancer Biomarkers Market, Regional Analysis
9.1. Cancer Biomarkers Market, Regional Market Snapshot
9.2. North America Cancer Biomarkers Market
9.2.1. U.S. Cancer Biomarkers Market Profiling Technology breakdown estimates & forecasts, 2017-2027 Biomolecule breakdown estimates & forecasts, 2017-2027 Cancer Type breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Cancer Biomarkers Market
9.3. Europe Cancer Biomarkers Market Snapshot
9.3.1. U.K. Cancer Biomarkers Market
9.3.2. Germany Cancer Biomarkers Market
9.3.3. France Cancer Biomarkers Market
9.3.4. Spain Cancer Biomarkers Market
9.3.5. Italy Cancer Biomarkers Market
9.3.6. Rest of Europe Cancer Biomarkers Market
9.4. Asia-Pacific Cancer Biomarkers Market Snapshot
9.4.1. China Cancer Biomarkers Market
9.4.2. India Cancer Biomarkers Market
9.4.3. Japan Cancer Biomarkers Market
9.4.4. Australia Cancer Biomarkers Market
9.4.5. South Korea Cancer Biomarkers Market
9.4.6. Rest of Asia Pacific Cancer Biomarkers Market
9.5. Latin America Cancer Biomarkers Market Snapshot
9.5.1. Brazil Cancer Biomarkers Market
9.5.2. Mexico Cancer Biomarkers Market
9.6. Rest of The World Cancer Biomarkers Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Abbott Laboratories Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Bio-Rad Laboratories, Inc.
10.2.3. Bristol-Myers Squibb Company
10.2.4. Exact Sciences Corporation
10.2.5. F.Hoffmann-La Roche Ltd.
10.2.6. Merck KGaA
10.2.7. PerkinElmer, Inc.
10.2.8. Qiagen N.V.
10.2.9. Siemens AG
10.2.10. Thermo Fisher Scientific, Inc
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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