The global market reports from The Business Research Company have been recently updated with the most recent market sizing data for the year 2023 and projected until 2032.

According to The Business Research Company’s Companion Diagnostics Global Market Report 2023, the companion diagnostics market is poised for promising growth in the forecast period.

Key insights from the forecast include:

1. Market Size – The global companion diagnostics market size expanded from $5.18 billion in 2022 to $6.16 billion in 2023, showcasing a compound annual growth rate (CAGR) of 18.7%. The projected growth rate leads the market size to ascend to $12.18 billion by 2027, maintaining a CAGR of 18.6%.
2. Major Driver – The increasing adoption of targeted therapies is projected to be a significant driver of the growth in the companion diagnostics market.
3. Key Trend – Technological advancement emerges as a key trend within the companion diagnostics market. Notably, artificial intelligence (AI) is harnessed to facilitate the development of more efficient drugs for companion diagnostics. The utilization of AI leverages the massive datasets generated from diverse genetic profiling, fostering widespread applications.
4. Largest Region – In 2022, North America stood as the largest region in the companion diagnostics market.
5. Major Players – Prominent players contributing to the companion diagnostics market include F Hoffmann-La Roche Ltd., Agilent Technologies Inc., Qiagen NV, Thermo Fisher Scientific Inc., Abbott Laboratories Inc., Myriad Genetics Inc., Almac Group, and Illumina Inc.

View More On The Companion Diagnostics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/companion-diagnostics-global-market-report

Key Companion Diagnostics Market Segments
1) By Product And Service: Assays, Kits And Reagents, Software And Services
2) By Technology: Polymerase Chain Reaction, Next-Generation Sequencing, In Situ Hybridization, Immunohistochemistry
3) By Indication: Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Melanoma
4) By End-User: Pharmaceutical And Biopharmaceutical Companies, Reference Laboratories, Contract Research Organizations

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Companion diagnostics is an in vitro diagnostic medical test used to check the safety and effectivity of a corresponding drug or biological product. The test aids a medical expert to match a patient to a specific drug or therapy.

The Companion Diagnostics Global Market Report 2023 provides a comprehensive overview of the market size, growth rate, trends, drivers, opportunities, strategies, and competitive landscape within the companion diagnostics sector. Covered countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The major regions encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Companion Diagnostics Market Include:
1. Companion Diagnostics Market Executive Summary
2. Companion Diagnostics Market Segments
3. Companion Diagnostics Market Size And Companion Diagnostics Market Growth Rate
4. Key Companion Diagnostics Market Trends
5. Major Companion Diagnostics Market Drivers
……
25. Key Mergers And Acquisitions In The Companion Diagnostics Market
26. Top Companion Diagnostics Companies
27. Companion Diagnostics Market Opportunities And Strategies
28. Companion Diagnostics Market, Conclusions And Recommendations
29. Appendix

View More Related Reports –
Medical And Diagnostic Laboratory Services Global Market Report 2023
Diagnostic Imaging Equipment Global Market Report 2023
3D Diagnostic Imaging Services Market Report 2023

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