(PharmaNewsWire.Com, February 01, 2017 ) According to the report Europe Biomarkers Market, published by market Data Forecast, the market is projected to reach USD 13.06 billion by 2021, at a CAGR of 12.90 % from 2016 to 2021.
Biomarkers are the biological molecules or genes which help in important clinical decisions and diagnosis of health care conditions in patients. This is also known as “molecular markers” or “signature molecules” and used to examine the pharmacologic responses, biological & pathological conditions. These are found largely in body fluids and tissues. Biomarkers are useful in drug discovery & advancement processes and assessment of disease conditions.
Biomarkers market is expected to witness growth owing to inclining research & development spending, increasing healthcare expenditure, and increasing demand for biomarkers in diagnostic field. Additionally, inclining number of low cost of clinical trials in developing countries, growing initiatives in biomarkers research, growth level of IT is inclining, inclining demand for drug discovery are further driving the expansion of biomarkers market.
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• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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