Europe Cancer Biomarkers Market, By Product (Consumables, Services, Software, Growth Hormone Therapy), Type (Safety Biomarkers, Efficacy Biomarkers, Validation Biomarkers, Protein Biomarkers, Pharmacodynamics Biomarkers, Genetic Biomarkers), Profiling Technologies (OMICS, Imaging Technology, Immunoassays, Cytogenetics and Bioinformatics), Service (Sample Preparation, Assay Development, Biomarkers and Testing), Application (Diagnostics Development, Drug Discovery and Development, Personalized Medicine, Disease-Risk Assessment, Others), Disease (Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer, and Other Diseases), Indication (Cancer, Cardiovascular Disorders, Neurological Disorders, Immunological Disorders, Others) – Industry Trends and Forecast to 2030.
Europe Cancer Biomarkers Market Analysis and Size
According to the Globocan 2020 estimates, there were 467,965 new cases of cancer in France, with 185,621 deaths. According to the Foundation de France, cancer affects over 350,000 people each year and kills close to 150,000, accounting for roughly one-third of all deaths. Increased efforts in R&D are being made to invent novel cancer therapeutics and diagnostics due to the high prevalence of cancer. Thus, cancer biomarkers are discovered to play a critical role in risk assessment and early diagnosis.
Data Bridge Market Research analyses that the cancer biomarkers market which was USD 4.15 billion in 2022, would rocket up to USD 9.56 billion by 2030, and is expected to undergo a CAGR of 11.0% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Europe Cancer Biomarkers Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 - 2020)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (Consumables, Services, Software, Growth Hormone Therapy), Type (Safety Biomarkers, Efficacy Biomarkers, Validation Biomarkers, Protein Biomarkers, Pharmacodynamics Biomarkers, Genetic Biomarkers), Profiling Technologies (OMICS, Imaging Technology, Immunoassays, Cytogenetics and Bioinformatics), Service (Sample Preparation, Assay Development, Biomarkers and Testing), Application (Diagnostics Development, Drug Discovery and Development, Personalized Medicine, Disease-Risk Assessment, Others), Disease (Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer, and Other Diseases), Indication (Cancer, Cardiovascular Disorders, Neurological Disorders, Immunological Disorders, Others)
|
|
Countries Covered
|
Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
|
|
Market Players Covered
|
F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific Inc. (U.S.), Abbott (U.S.), QIAGEN (Germany), PerkinElmer, Inc. (U.S.), Merck KGaA (Germany) , Bio-Rad Laboratories, Inc. (U.S.) , Enzo Biochem, Inc. (U.S), Charles River Laboratories (U.S.), Eurofins Scientific (Luxembourg), Agilent Technologies, Inc. (U.S.), Bruker (U.S.), Siemens (U.S.), Epigenomics AG (Germany), General Electric (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Biomarkers (also known as signature molecule or molecular marker) are basically utilized to check how the body responds to a treatment of any condition or disease and assist in examining the organ functions and other health conditions. These play a vital role in the imaging technology so that they can provide clear imaging of oncology tumours and other problems.
Europe Cancer Biomarkers Market Dynamics
Drivers
- Rising R&D activities
In November 2019, Hitachi and the Centre Léon Bérard cancer centre in France promoted R&D aimed at improving the efficiency of cancer diagnosis and treatment by establishing the Hitachi Lyon Lab. The research also includes the identification of biomarkers in the context of resistance using genomic data, which may allow for the prediction of responses and prognoses following radiation treatment. As a result, the high cancer burden and increased R&D activities are drive the market growth.
- Rise in lung cancer
Lung cancer is caused by the uncontrolled proliferation of abnormal cells in one or both lungs. Although it can affect people who have never smoked, smokers are at the greatest risk of developing lung cancer. The duration and number of cigarettes smoked by the patient increase the risk of lung cancer. Other risk factors include second-hand smoke, asbestos, certain metals, some organic chemicals, radiation, air pollution, and diesel exhaust in the workplace or in the environment. With the rise in cancer cases, millions of people worldwide are becoming infected with COVID-19. Since the focus of healthcare facilities has shifted to COVID-19, cancer patients' treatment and cancer biomarker-related clinical trials have been paused for a period of time.
Opportunities
- Rising cancer cases
According to Globocan 2020 estimates, there were 457,960 new cancer cases in the United Kingdom, with prostate, breast, lung, colon, and skin cancer being the most common types of cancer detected. According to the same estimates, Italy had 415,269 new cancer cases and approximately 174,759 deaths. As a result of the rising number of cancer cases, the cancer biomarkers market in Europe is expected to grow significantly during the forecast period.
Restraints/Challenges
- High treatment costs
The obstacles such as high investment requirements, high treatment costs, and expensive capital expenditure on equipment are expected to stymie market expansion, as are technical challenges with sample collection and a lack of suitable reimbursement.
This cancer biomarkers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cancer biomarkers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Cancer Biomarkers Market
The COVID-19 outbreak caused widespread disruption in nearly every industry. The healthcare sector also saw an unparalleled influence. However, this is not the case in the biomarker industry, as biomarkers are critical in developing chronic-care medicines. The government and pharmaceutical firms will invest heavily, stifling market growth. Various studies have been undertaken, and biomarkers have been discovered to have an important role in diagnosing and treating COVID-19.
Recent Development
• In February 2022, Abbott Laboratories released Lingo, a consumer bio wearable that can track important body signals and help consumers better understand and improve their overall health. It could allow biohackers to use a continuous stream of data rather than periodic finger-prick tests, urine samples, and breath readings.
• In February 2022, OncoDNA, a genomic and prognostic business, released the OncoDEEP kit. The kit provides a complete workflow solution that allows laboratories with NGS capabilities to undertake thorough biomarker testing, perform advanced data analysis, and assist oncologists in providing the most effective and customized cancer treatments for their patients.
Europe Cancer Biomarkers Market Scope
The cancer biomarkers market is segmented on the basis of type, product, service, disease, indication, application, profiling technologies. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Consumables
- Services
- Software
- Growth Hormone Therapy
Profiling Technologies
- OMICS
- Imaging Technology
- Immunoassays
- Cytogenetics
- Bioinformatics
Service
- Sample Preparation
- Assay Development
- Biomarkers
- Testing
Type
- Safety Biomarkers
- Efficacy Biomarkers
- Predictive Biomarkers
- Surrogate Biomarkers
- Prognostic Biomarkers
- Pharmacodynamics Biomarkers
- Validation Biomarkers
- Protein Biomarkers
- Genetic Biomarkers
Application
- Diagnostics
- Drug Discovery and Development
- Personalized Medicine
- Disease Risk Assessment
- Others
Disease Indication
- Cancer
- Solid biopsy
- Liquid Biopsy
- Infectious Diseases
- Immune Disorders
- Neurological Disorders
- Cardiovascular Disorders
- Prostate Cancer
- Breast Cancer
- Lung Cancer
- Colorectal Cancer
- Cervical Cancer
- Other Disease Indications
Cancer Biomarkers Market Regional Analysis/Insights
The cancer biomarkers market is analyzed and market size insights and trends are provided by country, type, product, disease, service, indication, application, profiling technologies as referenced above.
The countries covered in the cancer biomarkers market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
Germany is expected to lead in biomarkers industry in the estimated 2023 to 2030 followed by UK owing to the presence of high quality healthcare system and the high cancer prevalence rate in this country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The cancer biomarkers market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for cancer biomarkers market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the cancer biomarkers market. The data is available for historic period 2011-2021.
Competitive Landscape and Cancer Biomarkers Market Share Analysis
The cancer biomarkers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cancer biomarkers market.
Some of the major players operating in the cancer biomarkers market are:
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Thermo Fisher Scientific Inc. (U.S.)
- Abbott (U.S.)
- QIAGEN (Germany)
- PerkinElmer, Inc. (U.S.)
- Merck KGaA (Germany)
- Bio-Rad Laboratories, Inc. (U.S.)
- Enzo Biochem, Inc. (U.S.)
- Charles River Laboratories (U.S.)
- Eurofins Scientific (Luxembourg)
- Agilent Technologies, Inc. (U.S.)
- Bruker (U.S.)
- Siemens (U.S.)
- Epigenomics AG (Germany)
- General Electric (U.S.)
Research Methodology: Europe Cancer Biomarkers Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
SKU-