Cancer/Tumor Profiling Market Projections, Opportunities & Growth Factors 2024

Posted by Yash Chauhan on March 19th, 2019

Cancer/Tumor Profiling Market

Global cancer/tumor profiling market is growing at a significant rate, due to the escalating number of cancer cases and rising efficacy of biomarkers in tumor profiling. Different technologies contributed to the cancer/tumor profiling market size.

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The escalating number of cancer cases, accessibility of finance for cancer research, increasing demand for accurate diagnosis of cancer in early stages and rising efficacy of biomarkers in tumor profiling are the primary growth drivers for cancer/tumor profiling market.

The initiation and implementation of point-of-care diagnostic tests, boosting awareness of cancer by many private and public organizations, increasing demand for next-generation sequencing for cancer profiling and improvement of personalized medicine are also facilitating the growth for cancer/tumor profiling market.

North America is the largest cancer/tumor profiling market as in the region the number of cancer cases is increasing.

Asia-Pacific is observed to witness the fastest growth in the market, as the region comprises of large population base and mounting occurrence of cancer.

Key players in cancer/tumor profiling market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe.

Illumina, Inc., Genomic Health Inc., Qiagen N.V., Oxford Gene Technology, Caris Life Sciences, Neogenomics Laboratories, Inc., HTG Molecular Diagnostics, Inc., Helomics Corporation, Nanostring Technologies, Inc. and Ribomed Biotechnologies, Inc. are the key players offering cancer/tumor profiling.

Source: VynZ Research

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Yash Chauhan

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Yash Chauhan
Joined: February 25th, 2019
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