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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.
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CompanionDiagnosticsMarket:GlobalIndustryAnalysisand Forecastto2020 PersistenceMarketResearch CompanionDiagnosticsMarket:Global IndustryAnalysisandForecastto2020 1 PersistenceMarketResearch
CompanionDiagnosticsMarket:GlobalIndustryAnalysisand Forecastto2020 PersistenceMarketResearchReleasedNewMarketReporton“CompanionDiagnostics Market:GlobalIndustryAnalysisandForecastto2020”. Companiondiagnosticsrefertothetestormeasurementwhichprovidesessentialinformationaboutthe patient’sgeneticandgenomiccharacteristicstothephysiciansformakingtreatmentdecision.This informationisimportantforthesafeandeffectiveuseofcorrespondingdrugsandtherapiesinthe treatment.Riseinawarenessaboutpersonalizedmedicines,technologicaladvancementandgovernment initiativesaresomeofthemajorfactorswhicharedrivingthecompaniondiagnosticsmarket.Companion diagnosticshelpstoimproveclinicaloutcomeandcostsaving.Companiondiagnosticsareusedindrug discoveryanddevelopmentinacosteffectivemanner.Inaddition,companiondiagnosticsalsousedto managesideeffectsfromthedrugandtherapies.Onthebasisoftechnology,companiondiagnostics marketcanbesegmentedintopolymerasechainreaction(PCR),in-situhybridization(ISH), immunohistochemistry(IHC)andothers.Onthebasisofapplication,companiondiagnosticsmarketcan besegmentedintobreastcancer,gastriccancer,lungcancer,colorectalcancer,melanomaandothers. Onthebasisofenduser,companiondiagnosticsmarketcanbesegmentedintopharmaceutical companies,referencelabandothers.Companiondiagnosticsmethodologyincludesgenetictests platforms,enzyme-linkedimmunosorbentassays,immunohistochemistry,proteomicassaysandothers. Companiondiagnosticsreducecostsrelatedtohospitalizationduetounnecessarytreatment. BuyFullReport:http://www.persistencemarketresearch.com/market-research/companion- diagnostics-market.asp NorthAmerica,followedbyEurope,hasthelargestmarketforcompaniondiagnosticsduetoFDA initiatives,increasingfocusonpersonalizedmedicine,technologicaladvancementanddeveloped healthcareinfrastructureinthisregion.Asiaisexpectedtoexperiencehighgrowthrateinthecompanion diagnosticsmarketinnextfewyearsduetoriseinincidenceofcancercases,governmentinitiatives, increasingdisposableincome,developinghealthcareinfrastructureandriseinneedforbetteroncology treatmentintheregion. Governmentinitiatives,growingneedfortargetedcancertreatment,increasingdisposableincome, technologicaladvancement,developmentofpersonalizedmedicinesanditsadoption,riseincostofdrug discoveryandincreasingadoptionofcompaniondiagnosticsbyreferencelaboratoriesand pharmaceuticalcompaniesareexpectedtodrivethemarketforcompaniondiagnostics.Inaddition,risein incidenceoflifethreateningdiseases,growingawarenessaboutpersonalizedhealthcareandincreasing demandforbetterhealthcarefacilitiesareexpectedtodrivethemarketforcompaniondiagnostics. However,reimbursementissues,non-validatedlaboratorydevelopedtests,regulatoryrestrictions,huge 2 PersistenceMarketResearch
CompanionDiagnosticsMarket:GlobalIndustryAnalysisand Forecastto2020 timeconsumingapprovalprocessandhighcostforprocedurearesomeofthemajorfactorsrestraining thegrowthforglobalcompaniondiagnosticsmarket. GrowingdemographicsandeconomiesinthedevelopingcountriessuchasIndiaandChinaisexpected toleadthegrowthincompaniondiagnosticsmarketinAsia.Inaddition,broaderapplicationareafor companiondiagnostics,growingbioinformaticsfield,riseinawarenessaboutthecompaniondiagnostics andforthcomingnextgenerationsequencingbasedcompaniondiagnosticsareexpectedtooffernew opportunitiesforglobalcompaniondiagnosticsmarket.Increasingnumberofmergersandacquisitions, newproductlaunchesandriseinnumberofcollaborationsandpartnershipsaresomeofthelatesttrends thathavebeenobservedinglobalcompaniondiagnosticsmarket.Someofthemajorcompanies operatingintheglobalcompaniondiagnosticsmarketareAbbottLaboratories,RocheHoldingsAG,GE Healthcare,QuagenN.V.,GenomicHealth,Inc.andAgilentTechnologies,Inc.Inaddition,someother companiesoperatinginglobalcompaniondiagnosticsmarketareThermoFisherScientificInc.,Myriad GeneticsInc.,Biomérieux,DanaherCorporationandBiogenexLaboratories. RequestFullTOC:http://www.persistencemarketresearch.com/toc/3592 Keypointscoveredinthereport:- 1. Reportsegmentsthemarketonthebasisoftypes,application,products,technology,etc (asapplicable) Thereportcoversgeographicsegmentation NorthAmerica Europe Asia RoW Thereportprovidesthemarketsizeandforecastforthedifferentsegmentsand geographiesfortheperiodof2010to2020 Thereportprovidescompanyprofilesofsomeoftheleadingcompaniesoperatinginthemarket Thereportalsoprovidesportersfiveforcesanalysisofthemarket. 2. 3. 4. 5. Browsethefull“AllUpcomingPersistenceMarket's”reportat http://www.persistencemarketresearch.com/forthcoming-reports.asp AboutUs: PersistenceMarketResearchisaglobalmarketresearchfirmspecializing-syndicated research,customresearch,andconsultingservices 3 PersistenceMarketResearch
CompanionDiagnosticsMarket:GlobalIndustryAnalysisand Forecastto2020 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 USA/CanadaTollFreeNumber. 1-800-961-0353 E-mail:Sales@persistencemarketresearch.com Web:http://www.persistencemarketresearch.com/ 4 PersistenceMarketResearch