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2013
Biomarkers Market

Biomarkers Market

by Types (Biomarker of Exposure & Diseases), Services (Sample Preparation, Assay Development, Biomarker Validation and Testing) and Application (Risk Assessment, Development of Molecular Diagnostic, Disease Diagnosis, Drug Discovery and Development, Drug Formulation, Forensic Application, DNA Fingerprinting) - Global Opportunity Analysis and Industry Forecast, 2013 - 2020

Report Code: A00021
Pages: 151
Dec 2013 | 48102 Views
Author(s) : Debbie S
Tables: 53
Charts: 47
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Biomarkers Market Overview:

Global Biomarker Market for Diagnostic Applications is expected to garner $30.6 Billion Globally by 2020, registering a CAGR of 16% during the forecast period 2013 to 2020.

The demands of diagnostic markets are increasing. Where conventional diagnostic tools were focused on producing accurate and consistent results, today’s market demand extend to early diagnosis with accurate and consistent results. There are significant challenges in presenting accurate results in the early stage of diseases, especially in case of cancer. Diagnostic biomarkers are minimally or non-invasive tools. Biomarkers, integrated with key imaging and data management technologies, is meeting the market expectations; however, has set backs too. Biomarkers are used in imaging technology to provide clear imaging of oncology tumors and other problems and also eliminate chance of radiation exposure during imaging through CT scan and MRI scan.

Biomarkers Market

Omics, proteomics, meta-bolomics technologies are used in biomarkers discovery and disease diagnosis. Biomarkers are used in risk assessment, molecular diagnostic, disease diagnosis, DNA fingerprinting and other molecular applications. Biomarkers enable pharmaceutical companies to analyze and discover novel drugs as demand for cost effective and efficient treatment dose is increasing. Biomarkers are used in drug validation and testing, sample preparation and assay development to eliminate complexity in discovery and development of novel drugs.

The biomarker market in this report includes the application of biomarkers in the diagnosis (molecular diagnosis and disease diagnosis), drug validation, drug development, risk assessment, drug formulation and forensic applications. Technologies that immensely make use of biomarkers such as Omics, imaging technologies, bioinformatics and personalized medicines are also included in the study. The report however excludes the application of biomarkers in the clinical trials, research and other environment biomarkers. This report focuses keenly on the market assessment of diagnostic biomarkers across its extensive application segments.

Segment Review:

Diagnostic biomarkers are divided in two major types which include biomarkers of exposure and biomarker of disease. Biomarkers of exposure are an emerging technology of identifying the hazardous chemical level in individual body. These biomarkers enable the diagnosis of abnormal activities to calculate the pre-disease condition. Biomarkers of disease are used in identification of disease condition and also help in validation of clinical trials for novel drug.

Biomarkers market revenues share by segment, 2012 and 2020
 

Biomarkers market revenues share by segment 2012 and 2020

Diagnostic biomarker market is growing with development of technologies in clinical laboratory tests, imaging exams, and in recent years biomarker tests are impacting the clinical management of patients. Biomarkers are identified conventionally by analyzing the science of pathophysiology and epidemiology, which derive insensitive and nonspecific markers. Diagnostic biomarker technology is expected to transform the scenario of clinical research, medical practice and drug development, as technological advances are changing from conventional approach of pathophysiology/epidemiology to biomarker studies such as genomics and proteomic. The amount of information provided by the biomarker helps in pharmaceutical drug development, diagnosis of critical diseases, and in clinical trial of drugs. The diagnostic biomarker technology provides simple diagnostic treatments to pathologists to perform faster, accurate disease identification, which enables physician to prescribe better treatments for those diseases.

Though as on today there are immense developments in infrastructure for data sharing and analysis such as bioinformatics, the utility is not to its best. Furthermore, there is no standard regulatory framework globally. For example, countries in the European Union and other regions have their own set of regulations, which may be a bigger challenge in conducting transnational research and data sharing. However, the role of biomarkers is increasing with its crucial application in diagnosis of fatal diseases such as cancer and cardiovascular diseases. Biomarkers in these cases enable early diagnosis and are of immense importance in designing effective treatments and progress. Reimbursement issues are being solved with the intervention of regulatory authorities, which is expected to propel the growth of the market for diagnosis at commercial level.

Biomarkers market.With rising fatal diseases and cancer cases, biomarkers helps to locate deadly diseases beforehand. Thus, biomarker market would grow consistently.

Asia Pacific Market Review:

Heart diseases are the leading cause of death in worldwide and Asia Pacific has the significant share especially in coronary heart disease. Diagnosis for cardiovascular disease is done through conventional methods such as clinical observation, electrocardiogram (ECG) findings. According to data published by ministry of health in China, about 203 million people are suffering from cardiovascular diseases and this number is expected to increase by 73% in 2030. Projected trends in blood pressure, increased cholesterol and active smoking are also increase the number of CVD by an additional 23% which denotes 21.3 million cardiovascular events. Demographic changes such as aging population and lesser younger people is the main driver for increased CVD disease. Biomarker market is expected to increase its presence as biopharmaceutical companies are investing more in Asian countries for drug discovery and development since market for health care process is more in Asia Pacific region. Application of biomarkers in drug discovery and development process, personalized medicine, molecular diagnosis, and diagnosis of other diseases are increases the interest of research based pharmaceutical company to develop novel biomarkers.

KEY BENEFITS OF THE REPORT

  • The report offers an assessment and ranking of the factors that favor the biomarkers market growth and those factors which act as a hindrance for the growth of the market
  • Forecast period for estimating biomarkers market size is from 2013 to 2020. Two historic years include 2011 and 2012
  • The report identifies top investment pockets and offers an analysis of top winning strategies for diagnostic biomarker industry.
  • The report analyses the various strategies adopted by some of the key companies in the industry.
  • The report tracks and analyses key innovations and patents for biomarkers in the last five years

BIOMARKERS MARKET KEY SEGMENTS

Diagnostic Biomarkers Market is segmented as follows: 

BY TYPES

  • Biomarker of Exposure
  • Biomarker of Diseases

BY APPLICATIONS

  • Risk Assessment
  • Development of Molecular Diagnostic
  • Disease Diagnosis
  • Drug Discovery and Development
  • Drug Formulation
  • Forensic Application
  • Others (DNA Fingerprinting and Others)

BY SERVICES

  • Sample Preparation
  • Assay Development
  • Biomarker Validation and Testing
  • Other Services

 BY GEOGRAPHY

  • North America
  • Europe
  • Asia-Pacific
  • Row (Rest of World)

KEY AUDIENCES

  • Pharmaceutical companies
  • Government & Private research institutes
  • Academic institutes
  • Medical device manufacturing companies

Biomarkers Market Report Highlights

Aspects Details
By TYPES
  • Biomarker of Exposure
  • Biomarkers of Disease
By APPLICATIONS
  • Risk Assessment
  • Development of Molecular Diagnostic
  • Disease Diagnosis
  • Drug Discovery and Development
  • Drug Formulation
  • Forensic Application
  • Others (DNA Fingerprinting and Others)
By SERVICES
  • Sample Preparation
  • Assay Development
  • Biomarker Validation and Testing
  • Other Services
By GEOGRAPHY
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • UK
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Thailand
    • Malaysia
    • Indonesia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Argentina
    • Rest of LAMEA
Key Market Players Abbott Laboratories, Inc., Roche Diagnostics Limited, Ge Healthcare, Bio-Rad Laboratories, Siemens AG, Agilent Technologies Inc., Aushon Biosystem, Eisai Co. Ltd., Thermo Fisher Scientific Inc., Epistem Ltd.
 

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Biomarker technology is exhibiting immense potential in multiple applications such as therapeutics, diagnosis for the exposure of certain harmful chemical and diseases, and in drug development & formulations. Biomarkers market offer novel diagnostic solutions to the research and healthcare industry. The advancement in screening of genomic sequences and understanding of human genome expression have substantially increased the eminence of biomarkers in healthcare as well as the research industry. Pharmaceutical companies, which are interested in introducing novel diagnostic solutions, are increasing partnership and collaboration with private laboratories, educational Institutes and are also increasing their investment pockets in terms of research and development.

The technological advancement has led to transition from the conventional approach of pathophysiology/ epidemiology’s to biomarker studies such as genomics and proteomic. This is expected to transform the existing scenario of clinical research, medical practice and drug development. The amount of information provided by biomarker helps in pharmaceutical drug development, diagnosis of critical diseases and in the clinical trial of drugs. The technology in diagnostic biomarker market provides simple diagnostic treatments to pathologists enabling them perform faster and render accurate disease identification, which in turn enables a physician to prescribe better treatments for the diseases.

 

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