Emergen Research has recently added a new report titled Global Cancer Tumor Profiling Market Forecast to 2027 that offers a comprehensive idea about the vital elements of the Cancer Tumor Profiling market. The report estimates the market is expected to show significant growth over the projected timeline owing to technological advancements and developments. The report thoroughly examines the historical data (2018-2019) and current market scenario to offer accurate estimations for the growth of the industry in the forecast timeline 2020-2027. The report also offers insightful data about market drivers and restraints, threats, opportunities, and current and emerging trends of the market.
The rise in the adoption of the cancer tumor profiling methods by oncologists is seen to drive the market because of the efficacy of cancer tumor profiling for diagnosis at the early stage of cancer, which is one factor in boosting the market growth. However, technical issues with sample collection and storage remain one of the factors that hinder the growth of the market for the forecast period.
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Key Highlights From The Report
- High investments by companies to launch new products for cancer tumor profiling with various advancement in the new technique is augmented to propel the market. For instance, in May 2019, QIAGEN, launched therascreen PIK3CA RGQ PCR Kit as a companion diagnostic to aid in identifying breast cancer patients.
- In 2019, the Research Application segment was valued at USD 5.67 Billion owing to the rise in the research and development, increasing demand for personalized medicine. The use of cancer tumor profiling helps to decide whether the patients require a diagnostic test. Furthermore, advancement in molecular biology is one of the factors to boost market growth.
- Key participants include Caris Life Sciences, Foundation Medicine, GenomeDX, Genomic Health, Guardant Health, Helomics Corporation, HTG Molecular Diagnostics, Inc., Nanostring Technologies, Neogenomics Inc., Oxford Gene Technology, Qiagen N.V., Ribomed Biotechnologies Inc., among others.
Cancer Tumor Profiling Market Segmentation:
Emergen Research have segmented the Cancer Tumor Profiling Market on the basis of technique type, technology, application, and region:
- Technique Type Outlook (Revenue, USD Billion; 2017-2027)
- Genomics
- Epigenetics
- Metabolomics
- Proteomics
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Immunoassays
- In Situ Hybridization
- Fluorescence In Situ Hybridization (FISH)
- Chromogenic In Situ Hybridization (CISH)
- Microarray
- Polymerase Chain Reaction (PCR)
- Sequencing Technologies
- Next Generation Sequencing(NGS)
- Pyro Sequencing
- Sanger Sequencing
- Other Technologies
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Research Application
- Biomarker Discovery
- Personalized Cancer Medicine
- Clinical Application
- Oncological Diagnostics
- Prognostics
- Monitoring and Treatment
- Screening
- Research Application
The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, AsiaPacific, and Middle East & Africa.In conclusion, the research report on the Cancer Tumor Profiling market assesses growth prospects, opportunities, challenges, risks, threats, and trends to offer a comprehensive idea of the regional and global Cancer Tumor Profiling market.
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Key Benefits of the Global Cancer Tumor Profiling Market Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast estimation and assessment of the Global Cancer Tumor Profiling Market
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Cancer Tumor Profiling Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Cancer Tumor Profiling Market
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Cancer Tumor Profiling Market Segmentation & Impact Analysis
4.1. Cancer Tumor Profiling Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increase in the demand for next-generation sequencing technique in cancer profiling
4.2.2.2. Increase in the use of biomarkers in cancer profiling
4.2.2.3. Rise in incidence of cancer across the globe
4.2.2.4. Rise in the adoption of the cancer profiling methods by oncologists
4.2.3. Market restraints analysis
4.2.3.1. High capital investment
4.2.3.2. Technical issues with sample collection and storage
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Cancer Tumor Profiling Market By Technique Type Insights & Trends, Revenue (USD Million)
5.1. Technique Type Dynamics & Market Share, 2019 & 2027
5.1.1. Genomics
5.1.2. Epigenetics
5.1.3. Metabolomics
5.1.4. Proteomics
READ MORE…!
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