(PharmaNewsWire.Com, February 01, 2017 ) According to the report Asia Pacific Biomaterials Market, published by market Data Forecast, the market is projected to reach USD 27.304 billion by 2021, at a CAGR of 15.2 % from 2016 to 2021.
The biological molecules or genes assist in the taking important clinical decisions and diagnosis of health conditions in patients is referred as Biomarkers. These are used to observe the pharmacologic responses, biological & pathological conditions. Biomarkers are seen extensively in body fluids and tissues. Biomarkers are useful in drug discovery and advancement processes and the appraisal of disease conditions.
Biomarkers market is expected to estimate the development which is owing to increasing research & development spending rising healthcare expenditure, and inclining demand for biomarkers in diagnostic field. Additionally, growing number of clinical trials costs in developing countries is low, growing the capacity in biomarkers research, emerging the growth of information technology, enlarged demand for drug discovery are further driving the growth of biomarkers market.
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