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The global companion diagnostics market is expected to reach $8,730.7 million by 2019 from $3136.9 million in 2014, at a CAGR of 22.7% during the forecast period (2014 to 2019).
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MarketsandMarkets Presents Companion Diagnostics Market – North America to Offer Significant Growth Opportunities http://www.marketsandmarkets.com/Market-Reports/companion-diagnostics-market-155571681.html
The "Companion Diagnostics Market by Technology (Polymerase Chain Reaction, In-situ hybridization, Immunohistochemistry), Application (Breast, Lung cancer) & End-user (Pharmaceutical Companies, Reference Lab)- Global Trends & Forecasts to 2019". The global companion diagnostics market is expected to reach $8,730.7 million by 2019 from $3136.9 million in 2014, at a CAGR of 22.7% during the forecast period (2014 to 2019). Browse: 57 market data tables 36figures 142pages and in-depth TOC on "Companion Diagnostics Market” Download The PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=155571681 The global companion diagnostics market is expected to reach $8,730.7 million by 2019 from $3,136.9 million in 2014, growing at a CAGR of 22.7%. http://www.marketsandmarkets.com/Market-Reports/companion-diagnostics-market-155571681.html
The growth of this market can be attributed to the growing demand of targeted drugs in oncology, neurology, and infectious diseases and the support from regulatory authorities across the globe. Ask For Discount@ http://www.marketsandmarkets.com/discountreports.asp?id=155571681 Advanced technologies such as next-generation sequencing (NGS), increasing adoption of companion diagnostic kits/tests by the pharmaceutical industry, and encouragement from regulatory bodies are expected to boost the global market. Increasing costs of drug discovery; continuous focus on customized medicines for cancer; infectious, cardiovascular, neurological, and autoimmune diseases; and the need for technically advanced diagnostics has stimulated pharmaceutical firms to enter into the market. In 2013, many new molecular entities (NMEs) were approved by a pharmacogenomics biomarker from the FDA. . http://www.marketsandmarkets.com/Market-Reports/companion-diagnostics-market-155571681.html
To capture this market, pharmaceutical firms are striving to enter into the global market through strategic acquisitions and collaborations with NGS platform diagnostic firms. Moreover, the end results of NGS is superior as compared to other technologies, as NGS provides a wider definition of genome sequencing that will fuel the adoption of NGS-based companion diagnostic in the future. This study also illustrates the major market players who have made a remarkable contribution in the global market. The major players of this market are Roche Diagnostics (Switzerland), Abbott Laboratories (U.S.), Agilent Technologies (U.S.), Thermo Fisher Scientific Inc. (U.S.), and QIAGEN N.V. (Netherlands). http://www.marketsandmarkets.com/Market-Reports/companion-diagnostics-market-155571681.html
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