The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

According to The Business Research Company’s Rare Biomarkers Specimen Collection And Stabilization Global Market Report 2024, the rare biomarkers specimen collection and stabilization market is expected to show promising growth in the forecast period.

Introduction

The rare biomarkers specimen collection and stabilization market has witnessed substantial growth in recent years and is poised for further expansion. This blog explores the market dynamics, major drivers, and future trends shaping this sector.

Current Market Overview

• 2023 Market Size:$29.02 billion
• 2024 Projected Market Size:$32.01 billion
• CAGR (2023-2024):3%

The market’s recent growth is driven by advancements in the human genome project, increased cancer research, pharmaceutical R&D investments, and progress in genomics and proteomics. Improved data management and bioinformatics also contribute significantly.

Future Growth Projections

• 2028 Projected Market Size: $47.59 billion
• CAGR (2024-2028): 10.4%

The market is expected to continue its robust growth due to several key factors:

• Expansion of Liquid Biopsy Applications: Enhancing non-invasive diagnostic techniques.
• Consumer Awareness and Demand: Increased focus on personalized medicine.
• Biomarker Discovery in Rare Diseases: Facilitating early detection and treatment.

Major Trends Shaping the Market

• Advancements in Preservation Technology: Innovations improving sample integrity.
• Growth in Genomic and Proteomic Research: Expanding the scope of research and diagnostics.
• Emergence of Point-of-Care Testing: Streamlining the diagnostic process.
• Regulatory Advancements and Standardization: Ensuring quality and consistency.
• Enhanced Data Analytics and AI Integration: Leveraging technology for better insights.

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Cancer Prevalence Driving Market Growth

The rising prevalence of cancer significantly impacts the rare biomarkers specimen collection and stabilization market. Key factors include:

• Environmental Pollutants and Lifestyle Factors:Contributing to higher cancer rates.
• Utilization in Cancer Studies:Enhancing the accuracy of cancer detection and monitoring.

For instance, new cancer cases in Europe rose to 2.74 million in 2022, indicating a 2.3% increase from 2020, highlighting the urgent need for advanced biomarker collection and stabilization methods.

Innovative Solutions in the Market

• Automated Pre-Analytical Platforms:Companies are developing platforms like Tethis S.p.A.’s See.d, which automates plasma and cell sample preparation, ensuring sample integrity and consistency.
• Technological Innovations:Features include precise sample handling, efficient plasma separation, and quality control scoring for sample stability.

Strategic Acquisitions and Market Expansion

• DiaSorin’s Acquisition of Luminex Corporation:In October 2022, DiaSorin acquired Luminex to enhance its diagnostic testing capabilities and expand its market presence. This move leverages multiplexing technology to strengthen rare biomarker specimen collection and stabilization.

Market Segmentation

1. By Type:
   • Circulating Cell Free DNA (CCFDNA)
   • Circulating Tumor Cells (CTCs)
   • Exosomes or Extracellular Vesicles
2. By Specimen:
   • Serum or Plasma
   • Other Specimens
3. By Application:
   • Non-Invasive Prenatal Testing (NIPT)
   • Oncology
   • Transcriptomics
   • Pharmacogenomics
   • Transplant Rejection
   • Population Screening
   • Cardiovascular Diseases
   • Other Applications
4. By End-User:
   • Hospitals
   • Perinatal Clinics
   • Public Health Labs
   • Private or Commercial Labs
   • Physician Labs
   • Research Institutes
   • Other End-Users

Regional Insights

• North America:The largest market region in 2023.
• Asia-Pacific:Expected to be the fastest-growing region during the forecast period.

Conclusion

The rare biomarkers specimen collection and stabilization market is set for significant growth, driven by advancements in technology, increasing cancer prevalence, and a growing demand for non-invasive diagnostic methods. With innovative solutions and strategic acquisitions, the market is evolving rapidly, offering new opportunities and advancements in biomarker research and applications.

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