Clinical Biomarkers Market Size is valued at USD 25.02 Bn in 2023 and is predicted to reach USD 47.25 Bn by the year 2031 at a 8.54% CAGR during the forecast period for 2024-2031.
Clinical biomarkers are molecular biomarkers that offer novel avenues for studying diseases and identifying potential new therapeutic targets. Clinical biomarkers are finding more and more applications in drug development, disease risk assessment, and other areas, and healthcare companies are investing heavily to keep up with industry demand, fueling market growth. Many different assays and methods are utilized in drug discovery to help develop biomarkers for various diseases. Furthermore, infectious diseases can aid in disease prognostic evaluations, treatment decision-making, and pharmaceutical efficacy tracking.
However, the market growth is hampered by the high-cost criteria for the safety and health of the clinical biomarkers market and the product's inability to prevent fog in environments with dramatic temperature fluctuations or high clinical biomarkers market because the lack of investment and infrastructure is the main thing stopping market companies from investing, one of the main reasons for the high capital demand is the expensive instruments. Thus, the desired level of capital investment differs according to the capabilities and size of the newly constructed laboratory. Despite the enormous untapped potential in the global clinical biomarkers market, the prohibitive entry cost limits the industry's ability to reach new audiences and accelerate its progress.
The clinical biomarkers market is segmented based on offering, clinical area, technology, and end user. According to offerings, the market is segmented into products and services. Product segment comprises Efficacy Biomarker (Diagnostic Biomarker, Predictive Biomarker, Prognostic Biomarker), Safety Biomarker, and Validation Biomarker. The Service segment includes Genomic Biomarker Service, Tissue Biomarker Service, Cell Service, Proteomics Service. By clinical area, the market is segmented into cancer biomarkers, cardiac biomarkers, neurological biomarkers, infectious disease, immunological biomarkers, non-invasive prenatal testing, and other clinical areas. By technology, the market is segmented into next-generation sequencing (NGS), polymerase chain reaction (PCR), immunohistochemistry (IHC), enzyme-linked immunosorbent assay (ELISA), and other technologies. By end user, the market is segmented into contract research organizations (CROs), research and academic laboratories, biopharmaceutical and biotech companies, diagnostic centers, and other end users.
The service clinical biomarkers market is expected to lead with a major global market share. biomarker services help with trial design, execution, and analysis. Diseases can be diagnosed using biomarker testing, which clinical laboratories and diagnostic service providers offer. These services aid in the monitoring and early identification of diseases by facilitating the accurate and dependable detection of biomarkers.
The Next-generation sequencing (NGS) industry makes up the bulk of acrylic acid ester usage because of the advancements in sequencing technology. Nucleotide sequencing (NGS) is a novel and complementary method that enables oncologists to study many cancer genes simultaneously. A patient's tumor tissue that has been surgically removed or biopsied can be utilized for next-generation sequencing, especially in countries like the US, Germany, the UK, China, and India.
The North American clinical biomarkers market is expected to record the maximum market revenue share in the near future. It can be attributed to the increasing disease burden, new technologies, more informed consumers, encouraging government programs, and better healthcare facilities. In addition, Asia Pacific is projected to grow rapidly in the global clinical biomarkers market due to the increasing need for top-notch healthcare, the growth of regional research initiatives, and the worldwide burden of cancer.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 25.02 Bn |
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Revenue Forecast In 2031 |
USD 47.25 Bn |
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Growth Rate CAGR |
CAGR of 8.54% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Offering, Clinical Area, Technology, End User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
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Competitive Landscape |
F. Hoffmann-La Roche AG, Epigenomics AG, Abbott, Thermo Fisher Scientific Inc, General Electric, Eurofins Scientific, Johnson & Johnson Services, Inc., QIAGEN, Bio-Rad Laboratories, Inc., Siemens Healthineers AG, Merck KGaA, PerkinElmer Inc., Agilent Technologies, Inc., DiaMetra, Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Clinical Biomarker Market Snapshot
Chapter 4. Global Clinical Biomarkers Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Offering Estimates & Trend Analysis
5.1. by Offering & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Offering:
5.2.1. Product
5.2.1.1. Efficacy Biomarker
5.2.1.1.1. Diagnostic Biomarker
5.2.1.1.2. Predictive Biomarker
5.2.1.1.3. Prognostic Biomarker
5.2.1.2. Safety Biomarker
5.2.1.3. Validation Biomarker
5.2.2. Service
5.2.2.1. Genomic Biomarker Service
5.2.2.2. Tissue Biomarker Service
5.2.2.3. Cell Service
5.2.2.4. Proteomics Service
Chapter 6. Market Segmentation 2: by Clinical Area Estimates & Trend Analysis
6.1. by Clinical Area & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Clinical Area:
6.2.1. Cancer Biomarkers
6.2.1.1. Breast Cancer Biomarker
6.2.1.2. Lung Cancer Biomarker
6.2.1.3. Colorectal Cancer Biomarker
6.2.1.4. Prostate Cancer Biomarker
6.2.1.5. Other
6.2.2. Cardiac Biomarkers
6.2.3. Neurological Biomarkers
6.2.4. Infectious Disease
6.2.5. Immunological Biomarkers
6.2.6. Non-Invasive Prenatal Testing
6.2.7. Other Clinical Areas
Chapter 7. Market Segmentation 3: by Technology Estimates & Trend Analysis
7.1. by Technology & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Technology:
7.2.1. Next-Generation Sequencing (NGS)
7.2.2. Polymerase Chain Reaction (PCR)
7.2.3. Immunohistochemistry (IHC)
7.2.4. Enzyme-Linked Immunosorbent Assay (ELISA)
7.2.5. Other Technologies
Chapter 8. Market Segmentation 4: by End User Estimates & Trend Analysis
8.1. by End User & Market Share, 2019 & 2031
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End User:
8.2.1. Contract Research Organizations (CROs)
8.2.2. Research and Academic Laboratories
8.2.3. Biopharmaceutical and Biotech Companies
8.2.4. Diagnostic Centers
8.2.5. Other End Users
Chapter 9. Clinical Biomarkers Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2019-2031
9.1.2. North America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Clinical Area, 2019-2031
9.1.3. North America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
9.1.4. North America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by End User, 2019-2031
9.1.5. North America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.2. Europe
9.2.1. Europe Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2019-2031
9.2.2. Europe Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Clinical Area, 2019-2031
9.2.3. Europe Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
9.2.4. Europe Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by End User, 2019-2031
9.2.5. Europe Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.3. Asia Pacific
9.3.1. Asia Pacific Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2019-2031
9.3.2. Asia Pacific Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Clinical Area, 2019-2031
9.3.3. Asia-Pacific Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
9.3.4. Asia Pacific Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by End User, 2019-2031
9.3.5. Asia Pacific Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.4. Latin America
9.4.1. Latin America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2019-2031
9.4.2. Latin America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Clinical Area, 2019-2031
9.4.3. Latin America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
9.4.4. Latin America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by End User, 2019-2031
9.4.5. Latin America Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.5. Middle East & Africa
9.5.1. Middle East & Africa Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2019-2031
9.5.2. Middle East & Africa Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Clinical Area, 2019-2031
9.5.3. Middle East & Africa Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
9.5.4. Middle East & Africa Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by End User, 2019-2031
9.5.5. Middle East & Africa Clinical Biomarkers Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Abbott Laboratories
10.2.2. Agilent Technologies, Inc.
10.2.3. ALCEN
10.2.4. Arsenal Capital Partners
10.2.5. Azenta Life Sciences
10.2.6. Becton, Dickinson and Company
10.2.7. Bio-Rad Laboratories, Inc.
10.2.8. Bio Mérieux S.A.
10.2.9. BGI
10.2.10. Broad Institute
10.2.11. Charles River Laboratories
10.2.12. Caris Life Sciences
10.2.13. CENTOGENE N.V.
10.2.14. Discovery Life Sciences (DLS)
10.2.15. Enzo Biochem Inc.
10.2.16. Eurofins Scientific
10.2.17. F. Hoffmann-La Roche Ltd
10.2.18. Illumina, Inc.
10.2.19. Myriad Genetics, Inc.
10.2.20. NeoGenomics Laboratories
10.2.21. Novogene Co., Ltd.
10.2.22. Personalis Inc.
10.2.23. QIAGEN N.V.
10.2.24. Quest Diagnostics Incorporated
10.2.25. Q2 Solutions
10.2.26. Thermo Fisher Scientific Inc.
10.2.27. Other Prominent Players
Clinical Biomarkers Market By Offering
Clinical Biomarkers Market By Clinical Area
Clinical Biomarkers Market By Technology
Clinical Biomarkers Market By End User
Clinical Biomarkers Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
