Exosome Research Products Market Size, Share, Growth, and Forecast to 2025

Posted by rekha on September 11th, 2019

Precision Business Insights (PBI) in its report titled “Global exosome research products Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global exosome research products market was valued at US$ XX Mn in 2018 and increasing at a significant CAGR over the forecast timeframe owing to increase in prevalence of various types of cancers. Moreover, increase in the interest towards exosome based products, increase in the funding for research and development for life science research and wide range of applications with the exosome research products and strategic collaborations between the market players are expected to enhance the growth of the exosome research products market. However, lack of skilled personnel is expected to hamper the growth of the market.

Global exosome research products market segmented on the basis of product & Services, application, end user, and region.

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 Lung Cancer Segment Dominates the Global exosome research products Market

Based on application type, global exosome research products market segmented into cancer applications and non-cancer applications. Among them, cancer segment specifically lung cancer segment dominated the global exosome research products market in 2018 and estimated to dominate over the forecast period owing to increase in prevalence of lung cancer, technological advancements in instruments & assays for liquid biopsy, rise in awareness about the exosome research products among various healthcare sectors, and growing demand for advanced diagnostic technologies are surge the market over the forecast years.

North America Leads the Global exosome research products Market

 

PBI’s global exosome research products market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to Increase in prevalence of cancer and other chronic life threatening diseases, rise in R&D activities for the life science research, favorable regulatory framework, increase in the research of exosome based products in diagnosis and availability of high-quality infrastructure for clinical and laboratory research are expected to drive the growth of the market. Asia Pacific region is expected to grow at a significant growth rate over the forecast years owing to increase in research and development on exosome based products, increase in the prevalence of various types of cancers.

Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players

 

Global exosome research products market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, in 2018, Thermo Fisher Scientific opened U.S. Precision Medicine Science Center (PMSC) in Cambridge to expand its presence in the US.

Key player’s profiles in the report are

  • QIAGEN N.V. (Netherlands)
  • Bio-Techne (US)
  • NX Pharmagen (US)
  • NanoSomiX (US)
  • Miltenyi Biotec (Germany)
  • Norgen Biotek Corp. (Canada)
  • Lonza (Switzerland)
  • System Biosciences, LLC. (US)
  • Thermo Fisher Scientific (US)
  • AMS Biotechnology Limited (UK)

Detailed Segmentation

 

By Product and Services

o   Kits & Reagents

o   Instruments

o   Services

 

By Applications

o   Cancer Application

o   Non-Cancer Application

 

End User

o   Hospitals

o   Academic and Research Institutes

o   Pharmaceutical and Biotechnology Companies

o   Clinical Testing laboratories

Geography

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/exosome-research-products-market/

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rekha

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rekha
Joined: July 26th, 2019
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