The Cancer or Tumor Profiling Market Forecast Report provides details analysis of Cancer or Tumor Profiling industry which will accelerate your business. Cancer or Tumor Profiling market report covers the current state of business and the growth prospects of the worldwide Cancer or Tumor Profiling Market. The Cancer or Tumor Profiling market report lists the leading competitors and provides the Industry pitfall and challenges, Growth potential analysis of the key factors influencing the market.
In the report, we have covered two proprietary models, the Cancer or Tumor Profiling Positioning Matrix and Competitive Strategic Window. The Cancer or Tumor Profiling Positioning Matrix analyses the competitive marketplace for the players in terms of product fulfilment and business strategy they adopt to sustain in the Cancer or Tumor Profiling market. The Competitive Strategic Window analyses the competitive landscape in terms of Cancer or Tumor Profiling markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth in Cancer or Tumor Profiling market.
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The report provides insights on the following sections:
- Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the Global Cancer or Tumor Profiling Market.
- Product Development and Innovation: Provides intelligent insights on future technologies, R & D activities, and new product developments in the Global Cancer or Tumor Profiling Market.
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Cancer or Tumor Profiling Market.
- Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Cancer or Tumor Profiling Market.
- Competitive Assessment and Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Cancer or Tumor Profiling Market.
Global Cancer or Tumor Profiling Market is valued approximately USD 5.87 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 10.74% over the forecast period 2019-2026. Growing focus for the development of personalized medicine, growing utility of biomarkers in tumor profiling and increasing R&D investments in cancer are some major trends that are responsible for the wide adoption of Cancer or Tumor Profiling globally. The market is majorly driven by increasing prevalence of cancer globally. The World Cancer Research Fund International (WCRFI) estimates that, nearly 2 million new cases of breast cancer are being detected every year and breast cancer is considered as the most common form of cancer in women globally. American Cancer Research Society (ACRS) anticipates by 2030, incident rate of breast cancer is expected to reach over 9.9million cases with over 5.5million annual deaths, primarily due to aging population. Incident rates of breast cancer are highest (46% in 2016) amongst women aged between 45-65 years across the globe. ACRS studies reveals that, with aging population prevalence rate of breast cancer amongst elderly women aged 55 years and above is bound to increase. Breast cancer represents 12% of all new cases of cancer amongst women in 2016, according to WCRFI. Europe leads the world with highest number (25% in 2016) of new breast cancer cases in the world followed by North America and Asia Pacific according to National Cancer Institute (NCI), USA. Belgium, Denmark, France, Netherlands, Bahamas and USA are countries with highest rates of breast cancer in the world according to WCRFI survey in 2016. Global economic burden due to breast cancer stood at $5.7 billion in 2016 according to ACRS. However, ACRS estimates, the economic burden on breast cancer is anticipated to reach over $8 billion by 2025. Increasing number of breast cancer cases would supplement global Cancer or Tumor profiling market for the forecasted period. However, lack of skilled professionals is a major factor that impede the growth of the Cancer or Tumor Profiling market over the forecast period. On the basis of segmentation, the Cancer or Tumor Profiling market is segmented into technology, cancer type and application. The technology segment of global Cancer or Tumor Profiling market is classified into immunoassays, hybridization, next generation sequencing, mass spectrometry and other technologies of which immunoassays accounted for the largest market share owing to its cost-effectiveness, high sensitivity as well as technological advancements in this technology would propel the growth of the immunoassays. Based on the cancer type segment, the Cancer or Tumor profiling is bifurcated into breast cancer, lung cancer, prostate cancer, colorectal cancer, melanoma cancer and other cancer of which breast cancer segment holds the leading position owing to the increased awareness about breast cancer diagnosis, rising prevalence of breast cancer. The application segment includes clinical application and research application. The regional analysis of Cancer or Tumor Profiling Market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America have occupied major share in the global Cancer or Tumor Profiling market. The major reasons for the dominance of North America are rising prevalence of cancer along with the high rate of adoption in this region. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific is witnessed owing to rising number of contract research organizations (CROs), growing demand for better healthcare services and increasing incidences of cancer. The leading market players mainly include-Illumina, Inc. Qiagen N.V. Neogenomics Laboratories, Inc. HTG Molecular Diagnostics, Inc. Genomic Health Inc. Caris Life Sciences Helomics Corporation Nanostring Technologies, Inc. Oxford Gene Technology Ribomed Biotechnologies, Inc.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
- Illumina, Inc.
- Qiagen N.V.
- Neogenomics Laboratories, Inc.
- HTG Molecular Diagnostics, Inc.
- Genomic Health Inc.
- Caris Life Sciences
- Helomics Corporation
- Nanostring Technologies, Inc.
- Oxford Gene Technology
- Ribomed Biotechnologies, Inc.
The objective of Cancer or Tumor Profiling market is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The report on Cancer or Tumor Profiling market is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Major Highlights from Table of contents are listed below for quick lookup into Cancer or Tumor Profiling Market report
Chapter 1. Competitive Landscape
- Company market share
- Cancer or Tumor Profiling Market Competitive analysis of key market players
- Competitive analysis of other prominent vendors
Chapter 2. Company Profiles
- Business Overview
- Financial Data
- Product portfolio
- Strategic Outlook
- SWOT Analysis
Chapter 3. Methodology & Scope
- Initial data exploration
- Cancer or Tumor Profiling Market Statistical model and forecast
- Industry insights and validation
- Cancer or Tumor Profiling Market Scope
- Methodology and forecast parameters
- Data Sources
Chapter 4. Executive Summary
- Cancer or Tumor Profiling industry 360º synopsis – 2025
- Cancer or Tumor Profiling Business trends
- Region trends
Chapter 5. Cancer or Tumor Profiling industry Insights
- Cancer or Tumor Profiling Industry segmentation
- Industry landscape 2025
- Industry Pitfalls and Challenges
- Threat of new entrants
- Threat of substitutes
- Cancer or Tumor Profiling Market Growth potential analysis
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