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Asia-Pacific ranks as the fastest growing Companion Diagnostics market over the forecast period.

 



(PharmaNewsWire.Com, April 19, 2017 ) Asia-Pacific Companion Diagnostics Market research report, published by Market Data Forecast delineates that the market is growing with a CAGR of 27.91 % to reach USD 2.17 billion by 2021, from USD 0.63 billion in 2016, which amounts to a cumulative growth of USD 1.54 billion.

Growth in the region is favoured by increased spending, increasing population on healthcare R&D by growing and government base of middle class population.

Companion diagnostics are diagnostic tests which are used to enhance the effectiveness of drug and also for pre-determining the efficacy of treatment. These products are mainly imaging tools or in-vitro devices, which are either developed after drug is in market or during the development of drug. Benefits provided by all these products are providing crucial information on an individual’s risk factors for enables health and chronic conditions care professionals to decide whether drug it more beneficial over its risks or not.

Get sample report at http://www.marketdataforecast.com/market-reports/asia-pacific-companion-diagnostics-market-643/request-sample

The report also presents detailed analysis of multitude of factors affecting the Companion Diagnostics market bearing either positive or negative outcomes. Some of those factors are

• accelerated drug regulatory approvals
• merging new pharmaceuticals and diagnostics
• improved efficacy profile of drugs
• educed healthcare expenditure
• Complex clinical trial procedures

For granular level understanding the Companion Diagnostics Market is segmented based on Indications and Technology, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Indication (Oncology (Lung Cancer, Melanoma, Breast Cancer, Colorectal Cancer, and Gastric Cancer), Central Nervous System Disorders, Cardiovascular Diseases, Inflammation and Virology Diseases), based on Technology (Molecular Diagnostics (Real Time PCR, In-Situ Hybridization, Immunohistochemistry, and Gene Sequencing) and by Region
With India and China being the major economies which have unexplored customer base covered in the study the report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific.

Some of the key players that operate in the Asia-Pacific Companion Diagnostics Market include Roche Molecular Systems Inc., bioMérieux Inc., Dako Inc., ARUP Laboratories, Myriad Genetics Inc., Ventana Medical Systems Inc., Abbott Molecular Inc., Leica Bio systems Nussloch GmbH, Qiagen Ltd., Biogenex Laboratories Inc., Thermo Fisher Scientific Inc, and others

The Asia- Pacific Companion Diagnostics Market report offers wide-range of scope:

• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries

• Know more about key areas of industry growth via detailedSegment-level analysis on basis of Indications and Technology along with market size forecasts and y-o-y estimations

• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics

• Strategic Analyses containingPESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & microenvironmental factors that affect the market demographics

• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview

• 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

• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market

For more reports related to the Diagnostics Market:

In vitro toxicology testing market: http://www.marketdataforecast.com/market-reports/asia-pacific-in-vitro-toxicology-testing-market-230/

Liquid biopsy Market: http://www.marketdataforecast.com/market-reports/asia-pacific-liquid-biopsy-market-953/

Nuclear imaging Market: http://www.marketdataforecast.com/market-reports/asia-pacific-nuclear-imaging-market-1626/

Nuclear Medicine Diagnostics Market: http://www.marketdataforecast.com/market-reports/asia-pacific-nuclear-medicine-diagnostics-market-126/

Point of care diagnostics Market: http://www.marketdataforecast.com/market-reports/asia-pacific-point-of-care-diagnostics-market-1562/

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com

Market Data Forecast

Abhishek

+1-888- 702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com

Source: EmailWire.com


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