North American Cancer Biomarker Market Size, Share and Forecast 2019-2025

Posted by nabeel on January 11th, 2021

North American cancer biomarker market is growing at a CAGR of around 11.8% during the forecast period. The North American market for cancer biomarker is a significant market and is analyzed on the basis of country as the US and Canada. Factors that are contributing significantly in the market growth includes research and development, and high healthcare expenditure and so on. Moreover, rising number of cancer patients are considered to be one of the major factors that are driving the growth of North American cancer biomarker market.

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Accordingly, the expenditure rate of the US is more than that of Canada as the US government invests more on research and development and there is more business opportunity in the US as compared to Canada. The major factors that are driving the North American cancer biomarker market includes rising healthcare spending, R&D investments, high quality of healthcare infrastructure and demand for personalized medicine in the region. The change in lifestyle is also a major factor that increases the possibilities of cancer in North America such as inadequate diet, consumption of alcohol and smoking. For example, as per the Chief Public Health Officer’s (CPHO) Report 2015, an estimated 22 million Canadians representing almost 80% of the population consumed alcohol in 2013. About 4.4 million Canadians consumed alcohol that could lead to many fatal diseases, such as various forms of cancer.

Market Segmentation

North American Cancer Biomarker Market by Biomarker Type

• Genetic Biomarker
• Protein Biomarker

North American Cancer Biomarkers Market by Cancer Type

• Lung Cancer
• Prostate Cancer
• Breast Cancer
• Colorectal Cancer
• Cervical Cancer
• Other

North American Cancer Biomarkers Market by Applications

• Drug Discovery and Development
• Diagnosis
• Risk Assessment
• Prognostics

North American Cancer Biomarker Market by Profiling Technology

• Omics Technology
• Immunoassays
• Cytogenetics
• Bioinformatics

Regional Analysis

• United States
• Canada

Company Profiles

• Abbott laboratories Inc.
• Astellas Pharma Inc.
• Becton, Dickson and Co.
• Bio-Rad Laboratories, Inc.
• Danaher Corp.
• F. Hoffmann-La Roche Ltd.
• Merck and Co., Inc.
• Novartis AG
• Pfizer Inc.
• QIAGEN GmbH
• Thermo Fisher Scientific Inc.

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