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Biomarkers Market Synopsis:

Biomarkers Market Size Was Valued at USD 80.04 Billion in 2023, and is Projected to Reach USD 278.6 Billion by 2032, Growing at a CAGR of 13.36% from 2024-2032.

The biomarkers market is a young and rapidly developing industry related to the search for, discovery of, and utilization of biomarkers – bioassay features characterized by the ability to be quantitatively measured and assessed for their signs of normal or pathological processes or therapeutic treatment effectiveness. Biomarkers are indeed useful in the diagnosis, prognosis and monitoring of disease especially across disciplines such as in oncology, cardiovascular disorders, neurological disorders and in the diagnosis of infectious diseases. They are critical in the development of individualised treatment plans, given configurations of gene and molecular biology. Currently, the market is spurred on by developments in fields such as genomics, proteomics and other “omits” technologies, which allow for both, the discovery and subsequent confirmation, of new biomarkers for diagnosis at an early stage and to assess the effectiveness of drugs and disease management. New technologies like the liquid biopsy are receiving a lot of traction in the market due to the increasing demand for non-invasive diagnostics and growing targets in chronic diseases and precision medicine, biomarker space also open up an exciting area for growth and new innovation not only in diagnostic but also in therapeutic fields.

The biomarkers market is on the rise right now, mainly because of the need for personalized medicine, new diagnostic tests, and new treatment methods. Biomarkers play different roles in addressing different aspects of the process of evaluating, diagnosing, caring for, and treating patients, as well as in drug development. Biomarker importance in the contemporary medical science has transcended the early use in diagnosing diseases or condition and now finds applicability in prognosis of diseases or conditions progression and prognosis as well as the effectiveness of a given treatment regimen. Increasing healthcare costs, increasing awareness regarding the primary prevention of diseases, and evolving lifestyle diseases and increasing number of diseases like cancer, cardiovascular diseases, and neurological disorders will boost the growth of the market.

Also in correlation with better understanding of diseases proteomics, genomic sequencing and liquid biopsy methods have significantly facilitated biomarker discoveries and validation of more precise diagnostic methods. However, in the oncology segment alone biomarkers finding significant application in diagnosis, prognosis and assessment of treatment response and efficacy. The rising trend in targeted therapy and companion diagnostics, biomarkers linked with particular treatments, is also boosting the market. In addition, diagnostic applications and regulatory frameworks of biomarkers are gaining approval and acceptance mostly through regulatory agencies and healthcare departments, thus, delivering a conducive climate for growth. Consequently, the biomarkers market remains to have a high level of growth in the next ten years with multiple opportunities for new diagnostic and therapeutic tools’ development and commercialization.

Biomarkers Market - Industry Growth & Trend Analysis (2024-2032)

Biomarkers Market Trend Analysis:

Rising Demand for Precision Medicine and Personalized Healthcare

  • Overarching and growing need for precise biomarkers for precision medicine and targeted healthcare represents probably one of the most important trends in biomarkers industry. Precision medicine is the concept of bringing in an opposite approach as compared to the traditional approach in medicine whereby the treatment in medicine is based on the specific information concerning the individual genetic makeup, and some aspects of his life. This move towards more specific medical approach is made by the help of biomarkers which help to estimate how a person will react to a certain treatment, what dosage is suitable for the patient, and what side effects are possible.Predictors used in precision medicine help clinicians determine the genetic, molecular, or cellular constituents of a person involved in the disease. It assists in identifying specific drugs that have high probability of working well in tumors of specific patient. For instance, in oncology biomarkers are utilized to detect genetic traits or changes in cancerous cells and tumor microenvironment to inform the application of target therapies and immune therapies. They are intended to use features of cancer cells and are more effective and less toxic compared with the common chemotherapy.
  • Another factor is an increased usage of genomic sequencing, proteomics, and bioinformatics as a basis for a personalized approach to illness. These technologies help to have better resolution in understanding diseases at genetic and molecular level since there is discovery of new biomarkers. Thus, from the genetic point of view one can create new specific drugs and therapy with less side effects and higher efficiency in terms of treating the patient. The application of precision medicine is also on the rise in other fields including Neurology, cardiology, and auto immune and infectious diseases. For instance, biomarkers are helping to establish those patients with genetic predispositions to particular diseases, such as Alzheimer’s or Parkinson’s and who may therefore need better management.

Liquid Biopsy and Non-invasive Testing

  • The biomarkers market is being transformed through liquid biopsy because of its accurate and less invasive approach to diseases. Unlike the tissue sampling biopsies that people use, liquid biopsies involves the use of blood test, urine samples or saliva with the disease biomarker indicators, which is safer. This technology is most relevant in the detection of circulating tumor DNA (ctDNA) and circulating tumor cell (CTC) in cancer, it permits early detection, minimal residual disease, and tracking of tumor evolution during treatment. In addition, liquid biopsy may be used for serial measurements to assess treatment responses as well as the identification of drug resistance mutations. Liquid biopsy is also entering into neurological disorders, cardiovascular diseases and the field of infections disease for early diagnostic indications and helping to monitor the diseases.
  • The benefits of liquid biopsy are apparent: it is an invasive procedure, causes little discomfort to the patient, and can be repeated with an acceptable level of risk to the patient. Indeed its specificity of biomarkers in their early stage when diseases are easily curable fulfills patient optimization goals. Liquid biopsy is also set for enhanced disease management through making real-time data of treatment response possible. However, such questions as the standardization of the test, how to improve its sensitivity and specificity, and how to get approval to use it are still questions that must be answered. However, despite these challenges, contemporary development of technology and clinical rebuttal are expected to widen liquid biopsy in personalized treatments aiming at diagnosis providing a good prospect in almost all disease categories to enhance healthcare invention.

Biomarkers Market Segment Analysis:

Biomarkers Market is Segmented on the basis of Type, Application, End User, and Region

By Type, Diagnostic Biomarkers segment is expected to dominate the market during the forecast period

  • Among system, the Diagnostic Biomarkers segment holds the largest degree of market share in the biomarkers market during the forecast period because of their importance in identifying diseases. Early diagnosing biomarkers have lately received prevalence because they can be used to diagnose diseases like cancer, cardiovascular diseases, and infectious diseases. In the face of generalization of individualized treatment and increasing demand for specific disease markers in clinical diagnosis, biomarkers play an important role in the detection of specific diseases.
  • Increasing incidence of chronic diseases like oncology related diseases and metabolic diseases also increases the requirements for these biomarkers. The biomarkers have become invaluable in the day-to-day clinical practice due to the marginated improvement in yielding point technologies such as NGS, liquid biopsy, and molecular diagnostics. In addition, the growth of interest in pre-symptomatic diagnosis and the implementation of biomarkers to initial diagnostic platforms further provide credit for the leadership of this segment in the course of the entire predicted period.

By Application, Oncology segment expected to held the largest share

  • The Oncology segment is also anticipated to lead the biomarkers market throughout the forecast timeframe due to growing use of biomarkers in cancer diagnostics and therapeutic management. Biomarker research has found its application in several fields, the first of which is oncology since the development of targeted treatments and precision medicine. Biomarkers are applied to detect several genetic abnormalities, signaling pathways in genes and clinical features of a tumour that are useful in dictating the best treatment regimens applicable to particular patients. This tailored method increases the chances of treatment response, decreases adverse effects and ultimately will support the outcomes of the patients. Moreover the biomarkers are used in disease progression, assessing response of tumours to treatment and probability of developing cancer in future. Consequently, their incorporation into oncology practice is imperative to enhance cancer management as more patients receive immunotherapy and target therapies that are personalized for molecular characteristics in cancerous tissues.
  • Nevertheless, new molecular tools like next-generation sequencing (NGS), circulating tumor cells and markers, and molecular imaging have expanded the use of biomarkers in the management of cancer. liquid biopsy has remained one of the most revolutionary techniques suitable in cancer detection and diagnosis. miR-10b has been demonstrated overexpressed in different cancer types and can be used in detecting circulating tumor DNA (ctDNA) or circulating tumour cells (CTCs) from blood specimen, for early diagnosed cancer or for measuring minimal residual disease without invasive tissue biopsies. Liquid biopsy also allows for the continuous tracking of results of treatment and the appearance of drug resistance mutations in those with the virus, so that physicians may tweak the course of treatment. Since cancer is considered as one of the global healthcare priorities, the constancy of increasing the incidence of cancer, as well as the increasing demand for the early diagnosis of the disease and individual treatment approaches, will also have a positive impact on oncology biomarkers market. Oncology therefore becomes the biggest and most active application segment in the biomarkers market during the forecast period and holds significantly higher possibility for future developments in this field.

Biomarkers Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

  • North America is expected to remain the largest market for biomarkers during the forecast period due to factors like well developed healthcare sector, high R&D activities, and favorable presence of significant players in the sectors of pharmaceutical and biotechnology. The global biomarkers industry most notably includes the United States of America, because of a very developed healthcare system, a large number of state-funded medical studies, and favorable legislation conducive to the introduction of new diagnostic technologies. North America also enjoys high patient awareness, rising penetration into precision medicine, as well as utilization of highly sensitive diagnostic methods including NGS, liquid biopsy, and genomic profiling. These factors align to make the region a high demand driver for biomarkers in oncology, cardiovascular diseases, neurological disorders and others.
  • Moreover, increase in the interest towards precision or personalized medicine especially in North American region and majorly in oncology application is bound to contribute towards growth in the biomarker market. Currently, the tri-state area is big on clinical trials, biomarkers, and pharmaceuticals; such investment has culminated in companion diagnostics to ensure that treatments are targeted to specific biomarkers. Other regulatory factors have also assisted organizations such as the FDA have also helped in simplification of the approval of biomarker-diagnostic tests enhancing market expansion. In addition, the increasing population of elderly North Americans along with the rising incidences of chronic diseases such as cancer and cardiovascular diseases are also the major factor that is increasing the biomarker need in diagnostics and disease management. Such conditions make North America getting a dominant position in the biomarkers market during the forecast period.

Active Key Players in the Biomarkers Market:

  • Abbott Laboratories (United States)
  • Agilent Technologies Inc. (United States)
  • BD (Becton, Dickinson and Company) (United States)
  • Bio-Rad Laboratories, Inc. (United States)
  • Danaher Corporation (United States)
  • F. Hoffmann-La Roche AG (Switzerland)
  • GE Healthcare (United States)
  • Hoffmann-La Roche Ltd. (Switzerland)
  • Illumina, Inc. (United States)
  • Johnson & Johnson (United States)
  • Medtronic PLC (Ireland)
  • Myriad Genetics, Inc. (United States)
  • PerkinElmer, Inc. (United States)
  • QIAGEN N.V. (Germany)
  • Roche Diagnostics (Switzerland)
  • SAB Biotherapeutics, Inc. (United States)
  • Siemens Healthineers (Germany)
  • Thermo Fisher Scientific Inc. (United States)
  • Other Active Players

Biomarkers Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 80.4 Billion

Forecast Period 2024-32 CAGR:

 13.36 %

Market Size in 2032:

USD 278.6 Billion

Segments Covered:

By Type

  • Diagnostic Biomarkers
  • Prognostic Biomarkers
  • Predictive Biomarkers
  • Pharmacodynamic Biomarkers

By Application

  • Oncology
  • Cardiovascular Diseases
  • Neurological Disorders
  • Infectious Diseases
  • Metabolic Disorders
  • Other Applications

By End User

  • Pharmaceutical & Biotechnology Companies
  • Research Laboratories and Academic Institutions
  • Diagnostic Laboratories
  • Contract Manufacturing Organizations

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increased adoption of personalized healthcare, where biomarkers guide tailored therapies, is driving the growth of the market.

Key Market Restraints:

  • The cost of developing and conducting tests for biomarkers, especially advanced ones like liquid biopsy, can be prohibitive, limiting adoption.

Key Opportunities:

  • The growing interest in liquid biopsy for cancer and other diseases offers vast potential for growth in non-invasive diagnostic techniques.

Companies Covered in the report:

  • Abbott Laboratories (United States), Agilent Technologies Inc. (United States), BD (Becton, Dickinson and Company) (United States), Bio-Rad Laboratories, Inc. (United States), Danaher Corporation (United States), F. Hoffmann-La Roche AG (Switzerland), GE Healthcare (United States), Hoffmann-La Roche Ltd. (Switzerland), Illumina, Inc. (United States) and Other Active Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Biomarkers Market by Product Type
 4.1 Biomarkers Market Snapshot and Growth Engine
 4.2 Biomarkers Market Overview
 4.3 Diagnostic Biomarkers
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Diagnostic Biomarkers: Geographic Segmentation Analysis
 4.4 Prognostic Biomarkers
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Prognostic Biomarkers: Geographic Segmentation Analysis
 4.5 Predictive Biomarkers
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Predictive Biomarkers: Geographic Segmentation Analysis
 4.6 Pharmacodynamics Biomarkers
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Pharmacodynamics Biomarkers: Geographic Segmentation Analysis

Chapter 5: Biomarkers Market by Application
 5.1 Biomarkers Market Snapshot and Growth Engine
 5.2 Biomarkers Market Overview
 5.3 Oncology
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Oncology: Geographic Segmentation Analysis
 5.4 Cardiovascular Diseases
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Cardiovascular Diseases: Geographic Segmentation Analysis
 5.5 Neurological Disorders
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Neurological Disorders: Geographic Segmentation Analysis
 5.6 Infectious Diseases
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Infectious Diseases: Geographic Segmentation Analysis
 5.7 Metabolic Disorders
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Metabolic Disorders: Geographic Segmentation Analysis

Chapter 6: Biomarkers Market by End User
 6.1 Biomarkers Market Snapshot and Growth Engine
 6.2 Biomarkers Market Overview
 6.3 Pharmaceutical & Biotechnology Companies
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Pharmaceutical & Biotechnology Companies: Geographic Segmentation Analysis
 6.4 Research Laboratories and Academic Institutions
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Research Laboratories and Academic Institutions: Geographic Segmentation Analysis
 6.5 Diagnostic Laboratories
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Diagnostic Laboratories: Geographic Segmentation Analysis
 6.6 Contract Manufacturing Organizations
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Contract Manufacturing Organizations: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Biomarkers Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions  
 7.2 ABBOTT LABORATORIES (UNITED STATES)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 AGILENT TECHNOLOGIES INC. (UNITED STATES)
 7.4 BD (BECTON
 7.5 DICKINSON AND COMPANY) (UNITED STATES)
 7.6 BIO-RAD LABORATORIES INC. (UNITED STATES)
 7.7 DANAHER CORPORATION (UNITED STATES)
 7.8 F. HOFFMANN-LA ROCHE AG (SWITZERLAND)
 7.9 GE HEALTHCARE (UNITED STATES)
 7.10 HOFFMANN-LA ROCHE LTD. (SWITZERLAND)
 7.11 ILLUMINA INC. (UNITED STATES)
 7.12 JOHNSON & JOHNSON (UNITED STATES)
 7.13 MEDTRONIC PLC (IRELAND)
 7.14 MYRIAD GENETICS INC. (UNITED STATES)
 7.15 PERKINELMER INC. (UNITED STATES)
 7.16 QIAGEN N.V. (GERMANY)
 7.17 ROCHE DIAGNOSTICS (SWITZERLAND)
 7.18 SAB BIOTHERAPEUTICS INC. (UNITED STATES)
 7.19 SIEMENS HEALTHINEERS (GERMANY)
 7.20 THERMO FISHER SCIENTIFIC INC. (UNITED STATES)
 7.21 OTHER ACTIVE PLAYERS

Chapter 8: Global Biomarkers Market By Region
 8.1 Overview
8.2. North America Biomarkers Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Product Type
  8.2.4.1 Diagnostic Biomarkers
  8.2.4.2 Prognostic Biomarkers
  8.2.4.3 Predictive Biomarkers
  8.2.4.4 Pharmacodynamics Biomarkers
  8.2.5 Historic and Forecasted Market Size By Application
  8.2.5.1 Oncology
  8.2.5.2 Cardiovascular Diseases
  8.2.5.3 Neurological Disorders
  8.2.5.4 Infectious Diseases
  8.2.5.5 Metabolic Disorders
  8.2.6 Historic and Forecasted Market Size By End User
  8.2.6.1 Pharmaceutical & Biotechnology Companies
  8.2.6.2 Research Laboratories and Academic Institutions
  8.2.6.3 Diagnostic Laboratories
  8.2.6.4 Contract Manufacturing Organizations
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
8.3. Eastern Europe Biomarkers Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Product Type
  8.3.4.1 Diagnostic Biomarkers
  8.3.4.2 Prognostic Biomarkers
  8.3.4.3 Predictive Biomarkers
  8.3.4.4 Pharmacodynamics Biomarkers
  8.3.5 Historic and Forecasted Market Size By Application
  8.3.5.1 Oncology
  8.3.5.2 Cardiovascular Diseases
  8.3.5.3 Neurological Disorders
  8.3.5.4 Infectious Diseases
  8.3.5.5 Metabolic Disorders
  8.3.6 Historic and Forecasted Market Size By End User
  8.3.6.1 Pharmaceutical & Biotechnology Companies
  8.3.6.2 Research Laboratories and Academic Institutions
  8.3.6.3 Diagnostic Laboratories
  8.3.6.4 Contract Manufacturing Organizations
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Russia
  8.3.7.2 Bulgaria
  8.3.7.3 The Czech Republic
  8.3.7.4 Hungary
  8.3.7.5 Poland
  8.3.7.6 Romania
  8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Biomarkers Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Product Type
  8.4.4.1 Diagnostic Biomarkers
  8.4.4.2 Prognostic Biomarkers
  8.4.4.3 Predictive Biomarkers
  8.4.4.4 Pharmacodynamics Biomarkers
  8.4.5 Historic and Forecasted Market Size By Application
  8.4.5.1 Oncology
  8.4.5.2 Cardiovascular Diseases
  8.4.5.3 Neurological Disorders
  8.4.5.4 Infectious Diseases
  8.4.5.5 Metabolic Disorders
  8.4.6 Historic and Forecasted Market Size By End User
  8.4.6.1 Pharmaceutical & Biotechnology Companies
  8.4.6.2 Research Laboratories and Academic Institutions
  8.4.6.3 Diagnostic Laboratories
  8.4.6.4 Contract Manufacturing Organizations
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 The Netherlands
  8.4.7.5 Italy
  8.4.7.6 Spain
  8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Biomarkers Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Product Type
  8.5.4.1 Diagnostic Biomarkers
  8.5.4.2 Prognostic Biomarkers
  8.5.4.3 Predictive Biomarkers
  8.5.4.4 Pharmacodynamics Biomarkers
  8.5.5 Historic and Forecasted Market Size By Application
  8.5.5.1 Oncology
  8.5.5.2 Cardiovascular Diseases
  8.5.5.3 Neurological Disorders
  8.5.5.4 Infectious Diseases
  8.5.5.5 Metabolic Disorders
  8.5.6 Historic and Forecasted Market Size By End User
  8.5.6.1 Pharmaceutical & Biotechnology Companies
  8.5.6.2 Research Laboratories and Academic Institutions
  8.5.6.3 Diagnostic Laboratories
  8.5.6.4 Contract Manufacturing Organizations
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
8.6. Middle East & Africa Biomarkers Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Product Type
  8.6.4.1 Diagnostic Biomarkers
  8.6.4.2 Prognostic Biomarkers
  8.6.4.3 Predictive Biomarkers
  8.6.4.4 Pharmacodynamics Biomarkers
  8.6.5 Historic and Forecasted Market Size By Application
  8.6.5.1 Oncology
  8.6.5.2 Cardiovascular Diseases
  8.6.5.3 Neurological Disorders
  8.6.5.4 Infectious Diseases
  8.6.5.5 Metabolic Disorders
  8.6.6 Historic and Forecasted Market Size By End User
  8.6.6.1 Pharmaceutical & Biotechnology Companies
  8.6.6.2 Research Laboratories and Academic Institutions
  8.6.6.3 Diagnostic Laboratories
  8.6.6.4 Contract Manufacturing Organizations
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkiye
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
8.7. South America Biomarkers Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Product Type
  8.7.4.1 Diagnostic Biomarkers
  8.7.4.2 Prognostic Biomarkers
  8.7.4.3 Predictive Biomarkers
  8.7.4.4 Pharmacodynamics Biomarkers
  8.7.5 Historic and Forecasted Market Size By Application
  8.7.5.1 Oncology
  8.7.5.2 Cardiovascular Diseases
  8.7.5.3 Neurological Disorders
  8.7.5.4 Infectious Diseases
  8.7.5.5 Metabolic Disorders
  8.7.6 Historic and Forecasted Market Size By End User
  8.7.6.1 Pharmaceutical & Biotechnology Companies
  8.7.6.2 Research Laboratories and Academic Institutions
  8.7.6.3 Diagnostic Laboratories
  8.7.6.4 Contract Manufacturing Organizations
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
 

Biomarkers Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 80.4 Billion

Forecast Period 2024-32 CAGR:

 13.36 %

Market Size in 2032:

USD 278.6 Billion

Segments Covered:

By Type

  • Diagnostic Biomarkers
  • Prognostic Biomarkers
  • Predictive Biomarkers
  • Pharmacodynamic Biomarkers

By Application

  • Oncology
  • Cardiovascular Diseases
  • Neurological Disorders
  • Infectious Diseases
  • Metabolic Disorders
  • Other Applications

By End User

  • Pharmaceutical & Biotechnology Companies
  • Research Laboratories and Academic Institutions
  • Diagnostic Laboratories
  • Contract Manufacturing Organizations

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increased adoption of personalized healthcare, where biomarkers guide tailored therapies, is driving the growth of the market.

Key Market Restraints:

  • The cost of developing and conducting tests for biomarkers, especially advanced ones like liquid biopsy, can be prohibitive, limiting adoption.

Key Opportunities:

  • The growing interest in liquid biopsy for cancer and other diseases offers vast potential for growth in non-invasive diagnostic techniques.

Companies Covered in the report:

  • Abbott Laboratories (United States), Agilent Technologies Inc. (United States), BD (Becton, Dickinson and Company) (United States), Bio-Rad Laboratories, Inc. (United States), Danaher Corporation (United States), F. Hoffmann-La Roche AG (Switzerland), GE Healthcare (United States), Hoffmann-La Roche Ltd. (Switzerland), Illumina, Inc. (United States) and Other Active Players.
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Frequently Asked Questions :

What would be the forecast period in the Biomarkers Market research report?

The forecast period in the Biomarkers Market research report is 2024-2032.

Who are the key players in the Biomarkers Market?

Abbott Laboratories (United States), Agilent Technologies Inc. (United States), BD (Becton, Dickinson and Company) (United States), Bio-Rad Laboratories, Inc. (United States), Danaher Corporation (United States), F. Hoffmann-La Roche AG (Switzerland), GE Healthcare (United States), Hoffmann-La Roche Ltd. (Switzerland), Illumina, Inc. (United States), Johnson & Johnson (United States), Medtronic PLC (Ireland), Myriad Genetics, Inc. (United States), PerkinElmer, Inc. (United States), QIAGEN N.V. (Germany), Roche Diagnostics (Switzerland), SAB Biotherapeutics, Inc. (United States), Siemens Healthineers (Germany), Thermo Fisher Scientific Inc. (United States), and Other Active Players.

What are the segments of the Biomarkers Market?

The Biomarkers Market is segmented into Type, Application, End User and region. By Type, the market is categorized into Diagnostic Biomarkers, Prognostic Biomarkers, Predictive Biomarkers, Pharmacodynamic Biomarkers. By Application, the market is categorized into Oncology, Cardiovascular Diseases, Neurological Disorders, Infectious Diseases, Metabolic Disorders. By End User, the market is categorized into Pharmaceutical & Biotechnology Companies, Research Laboratories and Academic Institutions, diagnostic laboratories, Contract Manufacturing Organizations. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).

What is the Biomarkers Market?

The biomarkers market is a young and rapidly developing industry related to the search for, discovery of, and utilization of biomarkers – bioassay features characterized by the ability to be quantitatively measured and assessed for their signs of normal or pathological processes or therapeutic treatment effectiveness. Biomarkers are indeed useful in the diagnosis, prognosis and monitoring of disease especially across disciplines such as in oncology, cardiovascular disorders, neurological disorders and in the diagnosis of infectious diseases. They are critical in the development of individualised treatment plans, given configurations of gene and molecular biology. Currently, the market is spurred on by developments in fields such as genomics, proteomics and other “omics” technologies, which allow for both, the discovery and subsequent confirmation, of new biomarkers for diagnosis at an early stage and to assess the effectiveness of drugs and disease management. New technologies like the liquid biopsy are receiving a lot of traction in the market due to the increasing demand for non-invasive diagnostics and growing targets in chronic diseases and precision medicine, biomarker space also open up an exciting area for growth and new innovation not only in diagnostic but also in therapeutic fields.

How big is the Biomarkers Market?

Biomarkers Market Size Was Valued at USD 80.04 Billion in 2023, and is Projected to Reach USD 278.6 Billion by 2032, Growing at a CAGR of 13.36% From 2024-2032.