U.S (New York)– Report Ocean is the ultimate intelligence source on “Companion Diagnostics Market“. Our report analyzes the market’s response to recent disruptions like the Russia-Ukraine war and Covid-19, offering qualitative insights through frameworks like Porters’ and PESTLE analysis, SOWT analysis. With detailed segmentation and market size data across categories, product types, applications, and geographies, our report covers key issues, trends, drivers, restraints, challenges, competitive landscape, and recent events such as M&A activities’
A companion diagnostic is a medical device, often an in vitro device, which provides information that is essential for the safe and effective use of a corresponding drug or biological product. The majority of companion diagnostics are for oncology treatment. The global companion diagnostics market is anticipated to reach valuation of ~USD 9,659 million by 2028, representing a CAGR of 13.2% from 2022 to 2028 as per the latest report by Report Ocean.
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A release on June 8th, 2022, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2022.In April 2022, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2022, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID-19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2022 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on industries. resulting in a large market for Companion Diagnostics Market.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global companion diagnostics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the companion diagnostics industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, solution, type, application, and region. The global market for companion diagnostics can be segmented by technology: immunohistochemistry (IHC), polymerase chain reaction (PCR), in situ hybridization (ISH), next-generation sequencing (NGS), others. The NGS segment held the largest revenue share in 2021. Companion diagnostics market is further segmented by solution: consumables, instruments. Based on type, the companion diagnostics market is segmented into: commercial CDx, lab-developed tests (LDTs) CDx. On the basis of application, the companion diagnostics market also can be divided into: oncology, non-oncology, others. According to the research, the oncology segment had the largest share in the global companion diagnostics market. Companion diagnostics market by region is categorized into: Asia Pacific, Europe, North America, Rest of the World (RoW).
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By technology:
immunohistochemistry (IHC)
polymerase chain reaction (PCR)
in situ hybridization (ISH)
next-generation sequencing (NGS)
others
By solution:
consumables
instruments
By type:
commercial CDx
lab-developed tests (LDTs) CDx
By application:
oncology
non-oncology
others
By region:
Asia Pacific
Europe
North America
Rest of the World (RoW)
The oncology market is further segmented into lung cancer, breast cancer, colorectal cancer, leukemia, melanoma, gastric cancer, others.
The market research report covers the analysis of key stake holders of the global companion diagnostics market. Some of the leading players profiled in the report include Abbott Laboratories, Inc., Agilent Technologies, Inc., Almac Group Ltd., ARUP Laboratories, Inc., bioMerieux SA, Danaher Corporation, F. Hoffmann-La Roche Ltd., Guardant Health, Inc., ICON plc, Illumina, Inc., Invivoscribe Technologies, Inc., Laboratory Corporation of America Holdings (Labcorp), Luminex Corporation, Myriad Genetics, Inc., NG Biotech, SAS, Novogene Co., Ltd., Qiagen N.V., Quest Diagnostics Incorporated, Siemens Healthineers AG, Sysmex Corporation, Thermo Fisher Scientific, Inc., among others.
Scope of the Report
To analyze and forecast the market size of the global companion diagnostics market.
To classify and forecast the global companion diagnostics market based on technology, solution, type, application, region.
To identify drivers and challenges for the global companion diagnostics market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global companion diagnostics market.
To identify and analyze the profile of leading players operating in the global companion diagnostics market.
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Why Choose This Report
Gain a reliable outlook of the global companion diagnostics market forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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Study Objectives:
- Conduct SWOT analysis to assess market competition among global manufacturers.
- Define, describe, and forecast the market by type, application, and region.
- Evaluate global and regional market potential, advantages, opportunities, challenges, constraints, and risks.
- Determine the driving and limiting factors for market growth.
- Identify high-growth categories for stakeholder analysis of market potential.
- Analyze growth trends and market contribution of each submarket strategically.
- Examine competitive developments such as expansions, agreements, new product launches, and acquisitions.
- Create detailed growth profiles of key players and analyze their expansion plans.
Research Methodology:
- Outline research goals, questions, and hypotheses.
- Describe the research design, approach, data collection methods, and sampling strategy.
- Explain data collection procedures, including primary and secondary sources, instruments, and cleaning processes.
- Discuss data analysis methods, such as statistical tests and qualitative coding.
- Address study limitations, biases, sources of error, and data constraints.
- Consider ethical considerations, including informed consent, participant confidentiality, and minimizing harm.
Report Scope:
- Provide comprehensive market segmentation and revenue approximations across verticals and regions.
- Highlight key market drivers, restraints, challenges, and opportunities for stakeholders.
- Improve stakeholders’ understanding of competitors and enhance their business position.
- Include competitor ecosystem, new product development, agreements, and acquisitions in the competitive landscape section.
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