The global biomarkers market size is expected to be worth around US$ 150.59 billion by 2030, according to a new report by Vision Research Reports.
The global biomarkers market size was valued at US$ 53.18 billion in 2020 and is anticipated to grow at a CAGR of 16.2% during forecast period 2021 to 2030.
Report Coverage
| Report Scope | Details |
| Market Size | USD 150.59 billion by 2030 |
| Growth Rate | CAGR of 16.2% From 2021 to 2030 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, Application, Disease |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | F. Hoffmann-La Roche Ltd.; Abbott Laboratories; Epigenetics AG; Johnson & Johnson Services, Inc.; Thermo Fisher Scientific, Inc.; Bio-Rad Laboratories, Inc.; Siemens Healthineers AG; Qiagen |
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Growth Factors
The increasing prevalence of chronic diseases, advancements in the techniques used for the development of biomarker-based diagnostics, and the growing geriatric population are the key factors projected to boost the market growth over the forecast period. The rising number of COVID-19 cases across the globe and an increasing number of researches on the use of biomarkers for facilitating the detection & treatment of COVID-19 will also support market growth. by increasing collaborations & funds for R&D activities, rising consumer awareness, COVID-19 pandemic, and technological advancements in disease diagnosis. Research aids in the development of effective therapies for the treatment of various diseases, such as cancer, Cardiovascular Diseases (CVDs), immunological diseases, and neurological diseases.
Key Players
Market Segmentation
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