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Companion diagnostics refer to the test or measurement which provides essential information about the patient’s genetic and genomic characteristics to the physicians for making treatment decision. This information is important for the safe and effective use of corresponding drugs and therapies in the treatment. Rise in awareness about personalized medicines, technological advancement and government initiatives are some of the major factors which are driving the companion diagnostics market.
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CompanionDiagnosticsMarket:GlobalIndustryAnalysis andForecastto2020 PersistenceMarketResearchReleasedNewMarketReporton“CompanionDiagnostics Market:GlobalIndustryAnalysisandForecastto2020”. Companiondiagnosticsrefertothetestormeasurementwhichprovidesessentialinformation aboutthepatient’sgeneticandgenomiccharacteristicstothephysiciansformakingtreatment decision.Thisinformationisimportantforthesafeandeffectiveuseofcorrespondingdrugs andtherapiesinthetreatment.Riseinawarenessaboutpersonalizedmedicines,technological advancementandgovernmentinitiativesaresomeofthemajorfactorswhicharedrivingthe companiondiagnosticsmarket.Companiondiagnosticshelpstoimproveclinicaloutcomeand costsaving.Companiondiagnosticsareusedindrugdiscoveryanddevelopmentinacost effectivemanner.Inaddition,companiondiagnosticsalsousedtomanagesideeffectsfrom thedrugandtherapies.Onthebasisoftechnology,companiondiagnosticsmarketcanbe segmentedintopolymerasechainreaction(PCR),in-situhybridization(ISH), immunohistochemistry(IHC)andothers.Onthebasisofapplication,companiondiagnostics marketcanbesegmentedintobreastcancer,gastriccancer,lungcancer,colorectalcancer, melanomaandothers.Onthebasisofenduser,companiondiagnosticsmarketcanbe segmentedintopharmaceuticalcompanies,referencelabandothers.Companiondiagnostics methodologyincludesgenetictestsplatforms,enzyme-linkedimmunosorbentassays, immunohistochemistry,proteomicassaysandothers.Companiondiagnosticsreducecosts relatedtohospitalizationduetounnecessarytreatment. Buyfullreport:http://www.persistencemarketresearch.com/market- research/companion-diagnostics-market.asp NorthAmerica,followedbyEurope,hasthelargestmarketforcompaniondiagnosticsdueto FDAinitiatives,increasingfocusonpersonalizedmedicine,technologicaladvancementand developedhealthcareinfrastructureinthisregion.Asiaisexpectedtoexperiencehighgrowth rateinthecompaniondiagnosticsmarketinnextfewyearsduetoriseinincidenceofcancer cases,governmentinitiatives,increasingdisposableincome,developinghealthcare infrastructureandriseinneedforbetteroncologytreatmentintheregion. Governmentinitiatives,growingneedfortargetedcancertreatment,increasingdisposable income,technologicaladvancement,developmentofpersonalizedmedicinesanditsadoption, riseincostofdrugdiscoveryandincreasingadoptionofcompaniondiagnosticsbyreference 1 PersistenceMarketResearch
CompanionDiagnosticsMarket:GlobalIndustryAnalysis andForecastto2020 laboratoriesandpharmaceuticalcompaniesareexpectedtodrivethemarketforcompanion diagnostics.Inaddition,riseinincidenceoflifethreateningdiseases,growingawarenessabout personalizedhealthcareandincreasingdemandforbetterhealthcarefacilitiesareexpectedto drivethemarketforcompaniondiagnostics.However,reimbursementissues,non-validated laboratorydevelopedtests,regulatoryrestrictions,hugetimeconsumingapprovalprocessand highcostforprocedurearesomeofthemajorfactorsrestrainingthegrowthforglobal companiondiagnosticsmarket. GrowingdemographicsandeconomiesinthedevelopingcountriessuchasIndiaandChinais expectedtoleadthegrowthincompaniondiagnosticsmarketinAsia.Inaddition,broader application aboutthe companion areaforcompaniondiagnostics,growingbioinformaticsfield,riseinawareness companiondiagnosticsandforthcomingnextgenerationsequencingbased diagnosticsareexpectedtooffernewopportunitiesforglobalcompanion diagnosticsmarket.Increasingnumberofmergersandacquisitions,newproductlaunchesand riseinnumberofcollaborationsandpartnershipsaresomeofthelatesttrendsthathavebeen observedinglobalcompaniondiagnosticsmarket.Someofthemajorcompaniesoperatingin theglobalcompaniondiagnosticsmarketareAbbottLaboratories,RocheHoldingsAG,GE Healthcare,QuagenN.V.,GenomicHealth,Inc.andAgilentTechnologies,Inc.Inaddition,some othercompaniesoperatinginglobalcompaniondiagnosticsmarketareThermoFisher ScientificInc.,MyriadGeneticsInc.,Biomérieux,DanaherCorporationandBiogenex Laboratories. RequestfullTOC:http://www.persistencemarketresearch.com/toc/3592 Keypointscoveredinthereport:- 1. Reportsegmentsthemarketonthebasisoftypes,application,products,technology,etc (asapplicable) Thereportcoversgeographicsegmentation NorthAmerica Europe Asia RoW Thereportprovidesthemarketsizeandforecastforthedifferentsegmentsand geographiesfortheperiodof2010to2020 2. 3. 2 PersistenceMarketResearch
CompanionDiagnosticsMarket:GlobalIndustryAnalysis andForecastto2020 4.Thereportprovidescompanyprofilesofsomeoftheleadingcompaniesoperatinginthe market 5.Thereportalsoprovidesportersfiveforcesanalysisofthemarket. Browsethefull“AllUpcomingPersistenceMarket's”reportat http://www.persistencemarketresearch.com/forthcoming-reports.asp AboutUs: PersistenceMarketResearchisaglobalmarketresearchfirmspecializing-syndicated research,customresearch,andconsultingservices. AtPersistenceMarketResearch(PMR),weareinthebusinessofacceleratingyourbusiness. Asafull-servicemarketresearchfirm,westandcommittedtobringingmoreaccuracyandspeedtoyourbusinessdecisions.Fromready-to-purchasemarketresearchreportstocustomizedglobalresearchsolutions,ourengagementmodelsarehighlyflexiblewithoutcompromisingonourdeep-seatedresearchvalues.Brieflystated,ourmissionistogiveyouaccesstoforecastsandtrendsanalysesthatputyouonthepathtoprofitability. PMR’sServicesGoBeyondGleaningData: MostenterprisesbelievethatITanddatabasesareenoughtomakeanaccuratedecision.Whilewedonotdisputethat,considerthis:Howlongdoesittaketomakeanaccurateandstrategicmillion-dollardecision?Westrivetodeliverbothevenwithdemandingdeadlines. FacilitatingRapidandInformedBusinessDecisions PMRwasfoundedwithonegoalinmind:toofferenterprisesatangiblebusinessadvantagebycarefullybalancingtraditionalandmodern-dayresearchmethodologies. ContactUs: AddieThomes 305Broadway, 7thFloor, NewYorkCity,NY10007,UnitedStates. Phone:+1-646-568-7751 3 PersistenceMarketResearch
CompanionDiagnosticsMarket:GlobalIndustryAnalysis andForecastto2020 USA/CanadaTollFreeNumber. 1-800-961-0353 E-mail:Sales@persistencemarketresearch.com Web:http://www.persistencemarketresearch.com/ Blog:http://persistencemarketresearchblog.wordpress.com/ 4 PersistenceMarketResearch