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industryforecastnews · 3 months ago

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Blood Cancer Diagnostics Market To Reach USD 16.04 Billion By 2030

Blood Cancer Diagnostics Market Growth & Trends

The global blood cancer diagnostics market size is expected to reach USD 16.04 billion by 2030, registering a CAGR of 6.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the increasing incidence of blood malignancies, such as leukemia, lymphoma, and myeloma. The market is further expected to grow significantly due to the increasing elderly population, which is more susceptible to chronic diseases, including blood cancer. In addition, technological advancements, including NGS and other molecular diagnostic techniques, are improving the accuracy & efficiency of diagnosis, which is likely to drive the market over the forecast period.

Over the past decade, significant advancements have been made in approaches to blood cancer diagnostics, all aimed at reducing the growing incidence of diseases and their mortality. While these advancements have been well-documented to increase early cancer detection, there have been considerable advancements. For instance, NGS has enabled the analysis of the entire genome of cancer cells, providing insights into genetic mutations that guide precise diagnosis and tailored treatments. In October 2022, OGT, a Sysmex group, introduced a range of new offerings to augment its expanding NGS product suite. Notably, the SureSeq Myeloid Plus panel was designed to identify genetic mutations associated with various Myeloid disorders, enhancing the company’s capabilities in this critical area of research.

Molecular imaging techniques, such as SPECT/CT, PET, and flow cytometry, utilize molecular imaging agents to detect indicative molecular markers at different disease stages, aiding detection & monitoring. Such advancements in imaging technologies offer improved accuracy and early detection capabilities, driving the market. The global players are introducing automatic imaging tests and systems to boost their market share. For instance, in May 2023, Sysmex Corporation announced the launch of the Clinical Flow Cytometry System in Japan. The system includes Flow Cytometer XF-1600, Sample Preparation System PS-10, antibody reagents, and other related products. This system enables laboratories to automate the entire process of flow cytometry testing, from sample preparation to the reporting of measurement results, contributing to higher efficiency & testing standardization.

Governments across the world have recognized the immense healthcare burden posed by rising incidences, including hematological malignancies such as leukemia & lymphoma. In response, many countries have launched comprehensive national cancer control programs that prioritize early detection and screening efforts. For instance, the American Association of Cancer Research recently launched the Beau Biden Cancer Moonshot initiative to accelerate cancer research and make preventive screening more accessible & affordable for U.S. citizens.

Some of the key players in the market are Illumina, InVivoScribe, Ipsogen (Qiagen), Asuragen(Bio-Techne), Danaher Corporation, Abbott, SkylineDx, Adaptive Technologies, Bio-Rad Laboratories and others. These players are involved in various strategic initiatives such as product launch and approval in order to cater to a global clientele. For instance, in September 2023, Adaptive Technologies launched Epic integration for clonoSEQ, a molecular diagnostic test for MRD monitoring in blood cancers. This integration allows healthcare providers to order and review clonoSEQ test results directly within Epic's EHR system, streamlining clinical decision-making and improving patient care.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/blood-cancer-diagnostics-market-report

Blood Cancer Diagnostics Market Report Highlights

Based on product, the assay kits and reagents accounted for the largest revenue share of the blood cancer diagnostics market in 2023. This high share is attributable to assay kits & reagents being designed to detect specific biomarkers, genetic mutations, and other indicators, enabling healthcare professionals to diagnose & treat the disease more effectively

Based on tests, blood tests segment dominated the market and accounted for the largest share in 2023. This can be attributed to increasing innovation and availability of blood test kits for blood cancer detection

Based on end use, hospitals and clinics dominated the market with the largest share of blood cancer diagnostics market in 2023. This is attributable to growing demand in forensic labs and hospital medical labs for disease diagnosis, blood cell counts, blood typing. Furthermore, Developments in hospital laboratories are crucial to address the evolving needs of patients, and more hospitals aim to provide a wide range of services in their settings

North America dominated the market due to the presence of a large number of major market players, North America has a high prevalence of chronic diseases like leukemia These diseases require regular monitoring and diagnostic testing, fueling the demand for advanced diagnostic tools and technologies

Asia Pacific is expected to witness the fastest growth over the forecast period from 2024 to 2030, due to the presence of manufacturers with innovative devices manufacturing capabilities coupled with accelerated diagnostic research capabilities

Blood Cancer Diagnostics Market Segmentation

Grand View Research has segmented the global blood cancer diagnostics market based on product, test, end use, and region:

Blood Cancer Diagnostics Product Outlook (Revenue, USD Million, 2018 - 2030)

Instruments

Assay Kits and Reagents

Blood Cancer Diagnostics Test Outlook (Revenue, USD Million, 2018 - 2030)

Blood Tests

Imaging Tests

Biopsy

Molecular Test

Blood Cancer Diagnostics End Use Outlook (Revenue, USD Million, 2018 - 2030)

Hospitals and Clinics

Diagnostic Labs

Research Institutes

Blood Cancer Diagnostics Regional Outlook (Revenue in USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

France

Italy

Spain

Sweden

Denmark

Norway

Asia Pacific

Japan

China

India

Australia

South Korea

Thailand

Latin America

Brazil

Argentina

Middle East and Africa

Saudi Arabia

South Africa

UAE

Kuwait

List Of Key Players in The Blood Cancer Diagnostics Market

Abbott

Illumina

InVivoScribe

Ipsogen (Qiagen)

Asuragen(Bio-Techne)

Danaher Corporation

Sequenta (Adaptive biotechnologies)

SkylineDx

Bio-Rad Laboratories

Alercell

Sophia Genetics

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/blood-cancer-diagnostics-market-report

#Blood Cancer Diagnostics Market #Blood Cancer Diagnostics Market Size #Blood Cancer Diagnostics Market Share

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insightfulblogz · 2 days ago

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Lung Cancer Screening Market Size, Latest Trends, Share, Growth Analysis, and Forecast 2032

Lung cancer screening has emerged as a pivotal tool in the fight against one of the deadliest cancers worldwide. Early detection is critical for improving survival rates, as lung cancer often remains asymptomatic until it has reached advanced stages. Low-dose computed tomography (LDCT) has become the gold standard for lung cancer screening, offering a non-invasive, highly sensitive method to detect abnormalities in high-risk individuals. By identifying cancer in its early stages, LDCT enables timely interventions, significantly enhancing patient outcomes and survival rates.

The adoption of lung cancer screening programs is growing, fueled by advancements in imaging technology, increased awareness, and supportive healthcare policies. Targeted screening of high-risk groups, such as heavy smokers and individuals with a history of smoking, has proven effective in reducing lung cancer mortality. Despite challenges such as accessibility and false-positive rates, ongoing innovations are improving the accuracy and efficiency of screening methods, making them more accessible to broader populations.

The Lung Cancer Screening Market was valued at USD 3.27 Bn in 2023 and is expected to reach USD 7.22 Bn by 2032 and grow at a CAGR of 9.2% over the forecast period of 2024-2032.

Future Growth

Expansion of lung cancer screening guidelines to include a wider range of risk factors.

Integration of artificial intelligence (AI) in LDCT to enhance diagnostic accuracy.

Increasing investment in research to refine imaging techniques and reduce false-positive rates.

Greater adoption of screening programs in emerging markets through government initiatives.

Development of liquid biopsy tests as complementary tools for early lung cancer detection.

Incorporation of risk prediction models to tailor screening strategies for individual patients.

Emerging Trends

The field of lung cancer screening is evolving with the integration of advanced technologies and personalized approaches. AI-powered algorithms are increasingly being used to analyze LDCT scans, enabling faster and more accurate detection of suspicious nodules. Liquid biopsy techniques, which detect circulating tumor DNA (ctDNA) and other biomarkers in blood, are emerging as a promising complement to imaging-based screening. Additionally, healthcare systems are focusing on personalized screening strategies that consider factors such as genetic predisposition, environmental exposures, and lifestyle risks, ensuring more targeted and effective interventions.

Applications

Lung cancer screening is primarily aimed at early detection in high-risk populations, such as long-term smokers and individuals exposed to occupational hazards like asbestos. Beyond high-risk groups, advancements in technology are expanding screening capabilities to identify precancerous conditions and early-stage lung cancer in broader demographics. Screening also plays a vital role in monitoring individuals with a history of lung cancer, ensuring timely identification of recurrence or metastasis. As healthcare systems continue to adopt robust screening programs, the applications of lung cancer screening are becoming increasingly diverse and impactful.

Key Points

Lung cancer screening using low-dose computed tomography (LDCT) is a critical tool for early detection.

AI and liquid biopsy technologies are enhancing the accuracy of screening methods.

Early detection significantly improves survival rates and reduces mortality.

Screening is primarily targeted at high-risk populations, such as heavy smokers.

Advancements in imaging and biomarker-based techniques are expanding the scope of applications.

Conclusion

Lung cancer screening represents a transformative step in the early detection and management of one of the leading causes of cancer-related deaths. By leveraging cutting-edge imaging technologies, AI integration, and biomarker innovations, screening programs are evolving to deliver more accurate and accessible solutions. With continued advancements and the expansion of screening initiatives worldwide, lung cancer screening has the potential to significantly reduce mortality and improve patient outcomes, marking a major stride in global cancer care.

Read More Details: https://www.snsinsider.com/reports/lung-cancer-screening-market-3392

Akash Anand — Head of Business Development & Strategy

Email: [email protected]

Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)

#Lung Cancer Screening Market #Lung Cancer Screening Market Size #Lung Cancer Screening Market Share #Lung Cancer Screening Market Growth #Lung Cancer Screening Market Trends

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kimberlychow · 2 days ago

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Want to learn from the best in the pet diagnostic industry?

IDEXX, a big name in pet health checks, showed how much money they made in 2023 and guess they'll make even more in 2024.

🌏 Worldwide Impact: This company from Maine, USA, is in lots of countries and has a huge part of the pet health check market.

🏭 What They Do: IDEXX works in three main areas: helping pets, checking water, and keeping animals on farms healthy.

🏆 Why IDEXX Wins:

Local Love: They make products that fit what different places need.

Pet Care All-In-One: They do everything from quick tests in vets to bigger lab checks.

Super-Fast Tests: Their SNAP tests can find lots of dog problems all at once and are very popular in the US.

Making Their Own Tools: They work with other companies to make the tools they need for pet health checks.

Lab Services: They test for all sorts of pet sicknesses and conditions all over the world.

Quick on the Draw: IDEXX can change what they do fast if the market changes, like after a big food scare in China.

Direct to You: They sell straight to customers, which helps them give better service.

New Ideas All the Time: IDEXX keeps making new products to help vets work better.

📈 Other Big Pet Health Companies:

Zoetis: Does smart blood tests for pets.

Tashikin: Makes quick pet health test stuff that's good and not too expensive.

Antech Diagnostics (Mars Inc.): Bought another company to grow their pet health stuff.

Esaote SPA: Made a new MRI machine for pet hospitals.

PetDx: Raises money to improve a test that finds dog cancer.

🔮 What's Next: With more care for pets and better tech, the pet health check world is set to grow.

Your likes and follows are the fuel that keeps us sharing the most exciting and impactful stories in the world of pet health. ❤

#ivd #dogs #pets #pethealth #petindustry #tashikin

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insightsresearch · 3 days ago

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Blood Collection Market to Grow with a High CAGR- Global Industry Analysis, Key Manufacturers, Trends, Size

Analysis of Blood Collection Market Size by Research Nester Reveals the Market to grow with a CAGR of 7.2% During 2025-2037 and Attain USD 28.8 billion by 2037

Research Nester assesses the growth and market size of the global blood collection market, which is anticipated to be driven by the increasing prevalence of chronic disorders.

Research Nester’s recent market research analysis on “Blood Collection Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global blood collectionmarket in terms of market segmentation by product type, method, application, end user, and by region.

Automated Blood Collection Systems Gaining Widespread Adoption

The integration of automation and robotics in blood collection is anticipated to transform the medical device landscape both in terms of efficiency and accuracy. Automated blood collection systems are gaining traction owing to their accuracy and effectiveness with minimal human intervention. Several manufacturers are developing easy-to-use automated blood collection kits particularly targeting at-home patients. Easy portability and on-site blood tests and results are driving the demand for automated blood collection systems in various settings such as emergency rooms and outpatient clinics.

Growth Drivers:

Rising population of senior citizens who are more prone to chronic disorders

Increasing number of surgical procedures and growing awareness regarding blood donation

Challenges

The technological advancements in the blood collection systems have the potential to improve patient care but their high costs may limit their access in poor economies. Advanced blood collection systems such as automated devices require a high upfront investment in research and development activities, which drives up the overall production costs.

High-tech blood collection devices may require regular maintenance, which can be quite expensive. Furthermore, for handling such innovative products the availability of experienced staff or technicians is a must, which again increases the operational cost.

Access our detailed report at: https://www.researchnester.com/reports/blood-collection-market/6474

By end user, the hospitals and clinics segment is estimated to capture 40.5% [SG1] of the revenue share through 2037. Hospitals and clinics have a high patient intake as they prefer them as the first choice of option for medical care. These high patient visits to hospitals and clinics are driving the sales of blood collection solutions. The presence of advanced diagnostic facilities in hospitals is also contributing to the overall market growth.

Based on region, North America is projected to hold a market share of 45.5% [SG2] through 2037. The presence of key market players and cutting-edge healthcare infrastructure is driving the blood collection market growth in North America. The rising prevalence of chronic disorders such as diabetes, cardiovascular diseases, and cancer, which necessitates regular blood testing is boosting the sales of blood collection solutions in the region.

Customized report@ https://www.researchnester.com/customized-reports-6474

This report also provides the existing competitive scenario of some of the key players of the global blood collection market which includes company profiling of Becton, Dickinson and Company, Thermo Fisher Scientific Inc., Cardinal Health, Inc., F. Hoffmann-La Roche Ltd., FL MEDICAL s.r.l., Fresenius SE & Co. KGaA, Medtronic Plc, QIAGEN N.V., Haemonetics Corporation, Greiner AG, Sarstedt AG & Co. KG, and Siemens Healthineers AG.

Request Report Sample@ https://www.researchnester.com/sample-request-6474

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: [email protected]

U.S. Phone: +1 646 586 9123

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pharmaceuticals2 · 16 days ago

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Global Prostate Cancer Therapeutics Market: Trends, Opportunities, and Challenges

With prostate cancer among the most common cancers in men, and within its various forms and stages, much research and development have been conducted in this space. The global prostate cancer therapeutics market has grown immensely in the past few years, given the rising prevalence of the disease, more sensitive diagnostic techniques, and new treatments.

This analysis is meant to discuss the main driving factors, challenges, and future trends in the dynamic landscape.

The prostate cancer therapeutics market is expected to grow from US$ 14,767.73 million in 2022 to US$ 28,425.27 million by 2030; it is estimated to witness a CAGR of 8.5% during 2022-2030.

Market Dynamics

Key Drivers:-Poor lifestyle and diet coupled with older age, have enhanced an increased incidence of prostate cancers all over the world. New and advanced diagnostic technologies will make it possible to conduct early detection and diagnosis through highly sensitive imaging techniques and markers so that intervention takes place timely.

Advances in therapy: Phase I pipelines of targeted therapies, immunotherapies, and radiopharmaceuticals offer promise as potential treatmentoptions for patients diagnosed with advanced diseases. Financial support from governments and relatively relaxed regulations speed up the drug development process and inmarket commercialization process.

Challenges

Side Effects: All the current treatments used, including chemotherapy and hormonal treatment, cause highly discomforting side effects in the patients, so they interrupt their lifestyle. At some point, it may begin to show signs of drug resistance, and therefore, new approaches may be needed in treatment.

Treatment Expense: Advanced treatments, particularly new biologics, are too expensive and thus not available to many patients.

Market Segmentation-

By Therapy Type

Hormonal Therapy

Chemotherapy

Targeted Therapy

Immunotherapy

By End User

Hospitals

Specialty Clinics

By Region

North America

Europe

Asia-Pacific

South and Central America

Middle East and Africa

Key Players

Astella Pharma Inc

Johnson Johnson Services Inc

Eli Lilly and Company

Bayer AG

Sanofi

Merck KGaA

AstraZeneca

Novartis AG

AbbVie

Future Prospect

The prostate cancer therapeutics market has bright prospects with several trends in its favor:

Personalized Medicine: Customized treatment plans based on the specific characteristics of the patient could be made possible through developments in genomics and proteomics.

Combination Therapies: A combination of modalities can potentially give a greater efficient effect while reducing the side effects.

Liquid Biopsies: Circulating tumor DNA in blood samples will allow detection, monitoring of disease progression and response to treatment.

Artificial Intelligence:AI-assisted analytics in drug discovery, designing clinical trials, patient management

Conclusion

The prostate cancer therapeutics market continues to grow through the increasing prevalence of the disease, advancement in technology, and encouragement of new therapies in the pipeline. Despite these growth drivers, side effects, drug resistance, and the costliness of treatments still exist in the industry. Upon overcoming these challenges, the search for opportunities will help secure the improvement in outcomes for patients and alter the current scenarios of prostate cancer treatment.

Frequently Asked Questions-

Largest regional market for Prostate Cancer Therapeutics?

Ans: North America is the largest regional market for Prostate Cancer Therapeutics.

Which are the leading companies that hold market share in the Prostate Cancer Therapeutics market?

Ans: - Astella Pharma Inc, Johnson & Johnson Services Inc, Eli Lilly and Company, Bayer AG, Sanofi, Merck KGaA, AstraZeneca, Novartis AG, AbbVie, and Bristol Myers Squibb are the top companies to hold the market share.

What would be the growth rate of the market to be projected during the forecast period 2022 to 2030?

Ans: - In the forecasting years, the market of Prostate Cancer Therapeutics is likely to see an 8.5% CAGR from 2022 to 2030.

Prostate Cancer Therapeutics Market Size?

Ans: - The market size of Prostate Cancer Therapeutics globally was valued at US$ 14,767.73 million in 2022 and is expected to reach US$ 28,425.27 million by 2030.

Segments for Prostate Cancer Therapeutics Market?

Ans: The Prostate Cancer Therapeutics market can be segmented by Therapy Type, End User, and region.

About Us-

The Insight Partners is among the leading market research and consulting firms in the world. We take pride in delivering exclusive reports along with sophisticated strategic and tactical insights into the industry. Reports are generated through a combination of primary and secondary research, solely aimed at giving our clientele a knowledge-based insight into the market and domain. This is done to assist clients in making wiser business decisions. A holistic perspective in every study undertaken forms an integral part of our research methodology and makes the report unique and reliable.

#cancer #therapeutics

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trendingrepots · 30 days ago

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Molecular Diagnostics Market - Forecast, 2024 - 2030

Molecular Diagnostics Market Overview

The Molecular Diagnostics Market Size is forecast to reach $ 3240.4 Million by 2030, at a CAGR of 8.60% during forecast period 2024-2030. Molecular diagnostics can be demarcated as a group of techniques proficient in identifying specific genetic disparities in patients by using diverse technologies such as polymerase chain reaction, single nucleotide polymorphisms, electrophoresis, isothermal nucleic acid amplification technology, mass spectrometry to scrutinize biomarkers in the genome. Molecular diagnostics allows doctors to select an unsurpassed form of therapy by supporting the detection of maladies and possible risks. Moreover, it helps medical professionals to chart individualized or customer-specific plans. Therefore, accurate prescription and treatment duration help patients circumvent lengthy recapitulations of pointless drugs being used on patients recurrently with hostile effects. Besides cancer monitoring, molecular diagnostic can be used to manage infections like methicillin-resistant staphylococcus. Nevertheless, rising incidences of infections and cancer, augmenting health attentiveness among people, hiking demand for personalized medicines, and enlarging research and developmental activities are the factors set to drive the growth of the Molecular Diagnostics Industry for the period 2024-2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage

The report: “Molecular Diagnostics Market Forecast (2024-2030)” by Industry ARC covers an in-depth analysis of the following segments of the Molecular Diagnostics Market.

By Product: Reagents, Instrument, and other devices.

By Application: Leukocyte Antigen Typing, Oncology, Blood screening, Transferrable ailments, and Others.

By Technology: TMA, In Situ Hybridization, PCR, DNA sequencing, INAAT, and Others.

By End User: Hospitals, Laboratories, CROs, and Other medical facilities.

By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

Key Takeaways

Geographically, North America’s Molecular Diagnostics Market accounted for the highest revenue share in 2021. The growth is owing to full-fledged healthcare infrastructure, the presence of top-notch pharmacy and biopharmaceutical companies, and the high disposable income of people. Furthermore, Asia-Pacific is poised to offer lucrative growth opportunities over the forecast period owing to rising disposable incomes and the higher class of the geriatric population, among many other reasons.

Intensifying cancer cases are said to be the preeminent driver driving the growth of the Molecular Diagnostics Market. The exorbitant cost of the associated treatments and instruments is said to reduce the market growth.

Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Molecular Diagnostics Market report.

#Molecular Diagnostics Market price #Molecular Diagnostics Market size #Molecular Diagnostics Market share

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harshnews · 1 month ago

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Melanoma Cancer Diagnostics Market Size, Share, Demand, Future Growth, Challenges and Competitive Analysis

"Global Melanoma Cancer Diagnostics Market – Industry Trends and Forecast to 2030

Global Melanoma Cancer Diagnostics Market, By Product Type (Instruments, Consumables and Accessories, and Others), Test Type (Biomarkers Test, Imaging Test, Biopsy, Fluorescent In Situ Hybridization (FISH) Tests, Comparative Genomic Hybridization (CGH) Tests, Immunohistochemical (IHC) Tests, and Others), End User (Hospitals, Associated Labs, Independent Diagnostic Laboratories, Diagnostic Imaging Centers, Cancer Research Institutes and Others), Distribution Channel (Direct Tender and Retail Sales) - Industry Trends and Forecast 2030.

Access Full 350 Pages PDF Report @

**Segments**

- **By Type**: The Melanoma Cancer Diagnostics market can be segmented by type into Imaging Tests, Biopsy, Blood Tests, and Dermatoscopy. Imaging tests, such as ultrasound, CT scan, and MRI, help in detecting the presence and spread of melanoma. Biopsy is a crucial diagnostic tool that involves the removal of suspicious cells or tissue for examination. Blood tests like liquid biopsy are emerging as a non-invasive method to detect melanoma by analyzing circulating tumor cells or cell-free DNA. Dermatoscopy, also known as dermoscopy, is a non-invasive technique that allows dermatologists to examine skin lesions for signs of melanoma.

- **By Technology**: The market can also be segmented by technology, including Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Immunohistochemistry (IHC), and In Situ Hybridization (ISH). NGS enables precise genetic profiling of melanoma tumors, aiding in personalized treatment strategies. PCR amplifies and detects specific DNA sequences, useful in detecting genetic mutations associated with melanoma. IHC involves using antibodies to identify antigens in melanoma cells, assisting in pathological diagnosis. ISH helps in visualizing specific nucleic acid sequences within melanoma cells for diagnostic purposes.

- **By End-User**: The Melanoma Cancer Diagnostics market can be segmented by end-user into Hospitals, Clinics, Diagnostic Centers, and Research Institutes. Hospitals play a vital role in diagnosing and treating melanoma cases, often equipped with advanced diagnostic technologies. Clinics provide primary care and early diagnosis services for individuals at risk of melanoma or with suspicious skin lesions. Diagnostic centers specialize in conducting various tests and procedures for accurate melanoma detection. Research institutes drive innovation in melanoma diagnostics through clinical trials, new technology development, and academic research.

**Market Players**

- **Abbott Laboratories**: A multinational healthcare company that offers a range of diagnostic solutions, including tests for melanoma cancerAbbott Laboratories is a key player in the Melanoma Cancer Diagnostics market, offering a diverse portfolio of diagnostic solutions that cater to the detection and management of melanoma. As a multinational healthcare company, Abbott leverages its expertise in innovative technologies to develop cutting-edge diagnostic tests that aid in the early detection and precise diagnosis of melanoma cancer. The company's commitment to advancing healthcare through research and development has positioned it as a leading provider of diagnostic solutions for various types of cancers, including melanoma.

In the Melanoma Cancer Diagnostics market, Abbott Laboratories faces significant competition from other industry players who also offer a range of diagnostic tools and technologies for melanoma detection. However, Abbott's strong brand reputation, extensive global presence, and focus on research and development set it apart from competitors. By investing in advanced technologies such as Next-Generation Sequencing (NGS) and Polymerase Chain Reaction (PCR), Abbott can deliver highly accurate and reliable diagnostic solutions that help healthcare professionals in the early detection and personalized treatment of melanoma.

Moreover, Abbott's strategic partnerships with healthcare institutions, research organizations, and key opinion leaders enable the company to stay at the forefront of innovation in melanoma diagnostics. By collaborating with leading experts in the field, Abbott can gain valuable insights into emerging trends, technological advancements, and unmet needs in melanoma cancer diagnosis. This collaborative approach not only enhances Abbott's product development efforts but also strengthens its position as a trusted partner for healthcare providers seeking reliable diagnostic solutions for melanoma.

Furthermore, Abbott Laboratories' strong focus on regulatory compliance, quality assurance, and adherence to global standards ensures that its diagnostic solutions meet the highest level of accuracy and reliability. This commitment to quality control and regulatory compliance instills confidence in healthcare professionals and patients who rely on Abbott's diagnostic tests for the early detection and monitoring of melanoma cancer. By maintaining stringent quality standards and investing in continuous improvement initiatives, Abbott demonstrates its dedication to delivering best-in-class diagnostic solutions for melanoma diagnostics.

In conclusion, Abbott**Global Melanoma Cancer Diagnostics Market**

- **Segments**

**By Type:** The Melanoma Cancer Diagnostics market is segmented by type into various categories such as Imaging Tests, Biopsy, Blood Tests, and Dermatoscopy. Each of these segments plays a crucial role in the early detection and accurate diagnosis of melanoma cancer. Imaging tests like ultrasound and MRI help in visualizing tumor presence and spread, while biopsies provide tissue samples for further examination. Blood tests, including liquid biopsy, offer a non-invasive method to detect melanoma by analyzing circulating tumor cells. Dermatoscopy enables dermatologists to examine skin lesions for signs of melanoma effectively.

**By Technology:** Another crucial segmentation of the Melanoma Cancer Diagnostics market is by technology, incorporating advanced methods like Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Immunohistochemistry (IHC), and In Situ Hybridization (ISH). These technologies enable precise genetic profiling of melanoma tumors, detection of specific DNA sequences and genetic mutations, identification of antigens in melanoma cells, and visualization of nucleic acid sequences, respectively. Their application enhances the accuracy and efficiency of melanoma diagnosis and treatment.

**By End-User:** The Melanoma Cancer Diagnostics market is further segmented by end-user, catering to entities such as Hospitals, Clinics, Diagnostic Centers, and Research Institutes. Each of these segments plays a vital role in different stages of melanoma diagnosis and

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Melanoma Cancer Diagnostics Market

Chapter 3: Regional analysis of the Global Melanoma Cancer Diagnostics Market industry

Chapter 4: Melanoma Cancer Diagnostics Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key Questions Answered with this Study

1) What makes Melanoma Cancer Diagnostics Market feasible for long term investment?

2) Know value chain areas where players can create value?

3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?

4) What geographic region would have better demand for product/services?

5) What opportunity emerging territory would offer to established and new entrants in Melanoma Cancer Diagnostics Market?

6) Risk side analysis connected with service providers?

7) How influencing factors driving the demand of Melanoma Cancer Diagnostics in next few years?

8) What is the impact analysis of various factors in the Global Melanoma Cancer Diagnostics Market growth?

9) What strategies of big players help them acquire share in mature market?

10) How Technology and Customer-Centric Innovation is bringing big Change in Melanoma Cancer Diagnostics Market?

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#Melanoma Cancer Diagnostics Market

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marketanalysisdata · 1 month ago

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In Vitro Diagnostics (IVD) Industry Size, Trends, Value, Sales and Forecast 2030

The global in vitro diagnostics (IVD) market was valued at approximately USD 77.92 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2030. This growth can be attributed to several factors, including the increasing adoption of IVD technologies due to the rising prevalence of infectious and chronic diseases. The development and integration of automated IVD systems in laboratories and hospitals, which aim to deliver more efficient, accurate, and error-free diagnoses, are also expected to significantly drive market growth. Additionally, the continuous introduction of new IVD products by key industry players contributes to this positive trend. For instance, in November 2023, ARUP Laboratories obtained a CE mark under the EU-IVDR for the AAV5 DetectCDx, a companion diagnostic test that determines the eligibility of patients with severe hemophilia A for BioMarin's gene therapy, Roctavian.

Technological advancements in IVD systems, particularly improvements in accuracy, portability, and cost-effectiveness, are among the high-impact factors influencing this market. Innovations in highly accurate clinical laboratory tests are fostering global adoption of novel IVD diagnostics. For example, in June 2023, Japan's Ministry of Health, Labour, and Welfare granted marketing approval to Toray Industries, Inc. for its Toray APOA2-iTQ, a diagnostic tool used for pancreatic cancer detection. Similarly, in March 2023, Abbott received U.S. FDA clearance for its novel laboratory blood test for Traumatic Brain Injury (TBI). These developments highlight the increasing approval of IVD tests targeting life-threatening diseases, which is expected to create significant opportunities in untapped market segments.

Gather more insights about the market drivers, restrains and growth of the In Vitro Diagnostics (IVD) Market

Leading companies in the IVD market are adopting diverse strategies to strengthen their positions, often introducing new products and forming partnerships to attract more customers and meet evolving diagnostic needs. For instance, in March 2023, BD received 510(k) clearance from the U.S. FDA for its BD Vaginal Panel on the BD COR System, aimed at detecting infectious causes of vaginitis. In August 2023, the Precision Medicine Centre (PMC) partnered with the Regional Molecular Diagnostic Service (RMDS) to implement genomic technology for cancer diagnosis in Northern Ireland. These strategic collaborations and product launches are critical for companies seeking to leverage cutting-edge technologies in diagnostics.

Product Segmentation Insights:

In terms of products, the reagents segment accounted for the largest market share, representing 65.88% of total revenue in 2023. This segment is expected to maintain its dominance, growing at the fastest CAGR from 2024 to 2030. The growth of the reagents segment is driven by extensive research and development (R&D) efforts by key players aimed at developing novel reagents and test kits. For example, in February 2023, BD received market approval for its BD Onclarity HPV Assay, which is used with the ThinPrep Pap Test in the U.S. Ongoing R&D efforts focused on faster cancer detection and precision medicine are prompting companies to concentrate on specialized, profitable areas of the IVD market. In March 2023, QIAGEN formed a partnership with Servier to develop a companion diagnostic test for TIBSOVO, which is indicated for the treatment of acute myeloid leukemia, a type of blood cancer.

The growing demand for precision medicine is expected to further boost the overall demand for these novel reagents and consumables. The instruments segment held the second-largest share of the IVD market in 2023. Increasing approvals of novel IVD instruments are likely to contribute to the segment's growth. For instance, in April 2023, bioMérieux SA submitted a 510(k) application to the U.S. FDA for VITEK REVEAL, a rapid antimicrobial susceptibility testing (AST) system. Moreover, companies are aligning their instrument launches to meet the increasing demand for genetic tests globally. In March 2022, Thermo Fisher Scientific introduced the Ion Torrent Genexus Dx Integrated Sequencer for both research and diagnostic purposes, showcasing the alignment of technological advancements with the growing needs of genetic testing.

In conclusion, the global IVD market is poised for substantial growth, driven by the increasing incidence of infectious and chronic diseases, rising demand for precision medicine, and ongoing advancements in diagnostic technologies. Companies are continuously innovating, launching new products, and forming strategic partnerships to meet the evolving needs of healthcare providers and patients, which will further accelerate market expansion.

Order a free sample PDF of the In Vitro Diagnostics (IVD) Market Intelligence Study, published by Grand View Research.

#In Vitro Diagnostics (IVD) Industry #In Vitro Diagnostics (IVD) Market Share #In Vitro Diagnostics (IVD) Market Trends #In Vitro Diagnostics (IVD) Market Growth

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marketstudyreport · 1 month ago

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In Vitro Diagnostics (IVD) Market Growth Analysis & Forecast Research Report, 2030

Gather more insights about the market drivers, restrains and growth of the In Vitro Diagnostics (IVD) Market

Product Segmentation Insights:

Order a free sample PDF of the In Vitro Diagnostics (IVD) Market Intelligence Study, published by Grand View Research.

#In Vitro Diagnostics (IVD) Industry #In Vitro Diagnostics (IVD) Market Share #In Vitro Diagnostics (IVD) Market Trends #In Vitro Diagnostics (IVD) Market Growth

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industrynewsupdates · 1 month ago

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In Vitro Diagnostics Market Size and Regional Outlook Analysis 2024 - 2030

The global in vitro diagnostics market size is expected to reach USD 101.58 billion by 2030, according to a new report by Grand View Research, Inc. It is estimated to register a CAGR of 4.4% over the forecast period driven by the increasing geriatric population, COVID-19 pandemic, and technological advancements in diagnostics that are supporting its adoption. Technological advancements in terms of portability, accuracy, and cost-effectiveness are projected to be one of the high-impact rendering drivers. Technological advancements were further accelerated by the launch of COVID-19 IVD diagnostics and enhanced the adoption of instruments and consumables for technologies, such as PCR. Competitors in the market are increasingly adopting agreement and partnership strategies to maintain a constant flow of business for manufacturers & diagnostics for users.

These agreements are also a result of the harsh price containment strategies for government laboratories, which lowers the price in government settings. For instance, in April 2021, the Italian subsidiary of Seegene, Inc. received a USD 108.25 million tenders for public procurement for the supply of extraction reagents, as well as 7.15 million SARS-CoV-2 diagnostic tests. However, it increases the multiparty nature and complexity of the supply chain. The high prevalence of cancer and Cardiovascular Diseases (CVDs) globally is anticipated to drive diagnostic innovation to facilitate early diagnosis and meet the constantly evolving needs of consumers. Novel technologies, such as plasmonic PCR, are anticipated to commercially enter the market during the forecast period, influencing the business of existing products adversely.

Gather more insights about the market drivers, restrains and growth of the In Vitro Diagnostics Market

Detailed Segmentation:

Market Characteristics

Market growth stage is medium, and the pace of the market growth is decelerating. Decreasing demand for COVID-19 tests is hampering the growth. The market is characterized by a high degree of innovation owing to the increasing introduction of novel molecular diagnostics and immunoassay tests for multiple disease indications. Moreover, increasing demand for patient-centric tests is encouraging market players to develop technologically advanced products.

Product Insights

The reagents segment held the largest share of 65.88% of the overall revenue in 2023. The segment is expected to retain its dominance growing at the fastest CAGR from 2024 to 2030 owing to the extensive R&D initiatives undertaken by major players to develop novel reagents and test kits. For instance, in February 2023, BD received the market approval for the BD Onclarity HPV Assay to be used with the ThinPrep Pap Test in the U.S. The increasing R&D activities to enable faster cancer detection and precision medicine are allowing companies to focus on niche profitable areas in the IVD business. For instance, in March 2023, QIAGEN partnered with Servier to develop a companion diagnostic test for TIBSOVO, indicated for treating the blood cancer acute myeloid leukemia.

Technology Insights

The immunoassay segment accounted for the largest revenue share in 2023. Increasing incidence of chronic & communicable diseases and rising need for early diagnosis are among the key factors leading to an increase in demand for immunological methods, including different types of Enzyme-Linked Immunosorbent Assays (ELISAs). Moreover, key players are focused on R&D pertaining to development of new immunological diagnostic instruments and tests for IVD applications. For instance, in October 2023, Sysmex Corporation and Fujirebio Holdings, Inc. collaborated to enhance their R&D, production, clinical development, and marketing activities in immunoassay.

End-use Insights

The hospitals segment held the largest revenue share in 2023 owing to a rise in the rate of hospitalizations that require support from faster diagnostics. Moreover, the ongoing development of healthcare infrastructure and favorable initiatives taken by government bodies are anticipated to enhance the existing hospital facilities. Thus, the demand for hospital-based IVD tests is increasing. Most IVD devices are purchased by hospitals and used in significant volumes. In 2023, there are over 6,129 hospitals in the U.S. that require constant aid from IVD for critical decision-making, as IVD tests provide faster and more accurate results.

Test Location Insights

The others (lab-based tests) segment accounted for the largest revenue share in 2023. A large number of test analyses at one time and the higher accuracy of laboratory-based tests make them more reliable compared to PoC and home tests, giving segment a competitive edge over the other two segments. Moreover, the availability of tests that allow for sample collection at home and sending it to the laboratories for testing makes testing highly convenient for patients.

Application Insights

The infectious diseases segment dominated the market in 2023. The outbreak of the COVID-19 pandemic increased the segment share significantly in recent years. Moreover, key players are introducing novel testing products to improve access to high-quality, innovative laboratory services for patients & healthcare providers. For instance, in February 2023, BD received EUA from the U.S. FDA for a new molecular diagnostic combination test for SARS-CoV-2, Influenza A+B, and Respiratory Syncytial Virus (RSV). Such initiatives by key players to strengthen their presence are expected to drive market growth.

Regional Insights

North America dominated the market and accounted for a share of 42.28% in 2023. The region is estimated to retain its leading market position throughout the forecast period. The market in this region is collectively driven by factors, such as the rising incidence of chronic diseases, presence of strong players, increasing number of novel test launches, and supportive government funding. For instance, in January 2023, BD and CerTest Biotec received EUA from the U.S. FDA for a PCR test for Mpox virus detection in the U.S. Moreover, the increasing requirement for genetic testing for personalized health care, such as that for diabetes and cancer, is expected to drive market growth in North America.

Browse through Grand View Research's Clinical Diagnostics Industry Research Reports.

• The global hepatitis diagnostic market size was valued at USD 3.82 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2030.

• The global hematology diagnostics market size was valued at USD 7.54 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2030.

Key Companies & Market Share Insights

Some of the key players operating in the in vitro diagnostics market include F. Hoffmann-La Roche Ltd.; Abbott; Quest Diagnostics Inc.; and Danaher. Market players are adopting various strategies, such as new product launches, mergers & acquisitions, and partnerships, to strengthen their product portfolios and offer diverse technologically advanced & innovative products.

Key In Vitro Diagnostics (IVD) Companies:

• Abbott

• bioMérieux SA

• QuidelOrtho Corporation

• Siemens Healthineers AG

• Bio-Rad Laboratories, Inc.

• Qiagen

• Sysmex Corporation

• Charles River Laboratories

• Quest Diagnostics Incorporated

• Agilent Technologies, Inc.

• Danaher Corporation

• BD

• F. Hoffmann-La Roche Ltd.

In Vitro Diagnostics Market Segmentation

Grand View Research has segmented the global in vitro diagnostics (IVD) market report based on product, technology, application, end-use, test location, and region:

IVD Product Outlook (Revenue, USD Million, 2018 - 2030)

• Instruments

• Reagents

• Services

IVD Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Immunoassay

o Instruments

o Reagents

o Services

• Hematology

o Instruments

o Reagents

o Services

• Clinical Chemistry

o Instruments

o Reagents

o Services

• Molecular Diagnostics

o Instruments

o Reagents

o Services

• Coagulation

o Instruments

o Reagents

o Services

• Microbiology

o Instruments

o Reagents

o Services

• Others

o Instruments

o Reagents

o Services

IVD Application Outlook (Revenue, USD Million, 2018 - 2030)

• Infectious Diseases

• Diabetes

• Oncology

• Cardiology

• Nephrology

• Autoimmune Diseases

• Drug Testing

• Others

IVD Test Location Outlook (Revenue, USD Million, 2018 - 2030)

• Point of Care

• Home-care

• Others

IVD End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Laboratory

• Home-care

• Others

IVD Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

o Spain

o Italy

o Russia

o Denmark

o Sweden

o Norway

• Asia Pacific

o Japan

o China

o India

o South Korea

o Australia

o Thailand

o Singapore

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East and Africa (MEA)

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Order a free sample PDF of the In Vitro Diagnostics Market Intelligence Study, published by Grand View Research.

Recent Developments

• In December 2023, ARUP Laboratories and Medicover collaborated to provide diagnostic and healthcare services in Europe. ARUP Laboratories has developed AAV5 DetectCDx in collaboration with BioMarin Pharmaceutical Inc. to select therapies for severe hemophilia A patients

• In November 2023, Veracyte joined Illumina to develop molecular tests for decentralized IVD applications. Companies are focusing on the development of Prosigna breast cancer and Percepta nasal swab tests of Veracyte

• In October 2023, Promega Corporation announced its plan to develop and commercialize companion diagnostics kits with GSK Plc to identify cancer patients with MSI-H solid tumors

• In February 2023, Unilabs announced investing over USD 200 million in Siemens Healthineers' technology and acquiring more than 400 laboratory analyzers to strengthen its laboratory infrastructure

• In February 2023, F. Hoffmann-La Roche Ltd. collaborated with Janssen Biotech Inc. to develop companion diagnostics for targeted therapies. Companion diagnostic technologies include digital pathology, NGS, PCR, immunoassays, and immunohistochemistry

#In Vitro Diagnostics Market #In Vitro Diagnostics Market size #In Vitro Diagnostics Market share #In Vitro Diagnostics Market analysis #In Vitro Diagnostics Industry

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credenceresearchdotblog · 2 months ago

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The Bio-MEMS Market is projected to grow from USD 7,901.23 million in 2023 to an estimated USD 21,045.95 million by 2032, with a compound annual growth rate (CAGR) of 11.50% from 2024 to 2032.The Bio-Microelectromechanical Systems (Bio-MEMS) market has emerged as a dynamic field of innovation at the intersection of biology and engineering. Bio-MEMS refers to the integration of microelectromechanical systems (MEMS) technology with biological elements to create devices that can manipulate, monitor, or interact with biological systems on a microscopic scale. These systems are revolutionizing the medical field by enabling more efficient diagnosis, targeted therapies, and advancements in personalized medicine. As technological advancements continue to drive the market forward, Bio-MEMS has become pivotal in reshaping modern healthcare.

Browse the full report at https://www.credenceresearch.com/report/bio-mems-market

Market Overview

The Bio-MEMS market has experienced significant growth in recent years, fueled by advances in microfabrication technology, increased demand for point-of-care diagnostics, and the rise of personalized medicine. The global Bio-MEMS market was valued at approximately $2.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15-20% from 2023 to 2030. This rapid growth is being driven by an array of applications including drug delivery, biosensors, diagnostic tools, and minimally invasive surgical tools.

The increasing prevalence of chronic diseases such as diabetes, cancer, and cardiovascular disorders has spurred the demand for more precise and cost-effective diagnostic tools, which Bio-MEMS technology is well-equipped to provide. Additionally, the rise of wearable medical devices and home healthcare systems has broadened the scope of Bio-MEMS applications beyond traditional healthcare settings.

Key Drivers of Growth

1. Miniaturization of Medical Devices One of the key advantages of Bio-MEMS is its ability to miniaturize complex diagnostic and therapeutic devices, making them more portable, less invasive, and more efficient. This trend toward miniaturization allows for the development of lab-on-a-chip (LOC) systems, which can perform multiple laboratory functions on a single chip the size of a credit card. LOC devices, powered by Bio-MEMS, are becoming essential tools for point-of-care diagnostics, allowing patients to receive quick and accurate test results at home or in remote locations.

2. Growing Demand for Personalized Medicine As healthcare continues to shift toward more individualized treatments, the demand for personalized medicine has been on the rise. Bio-MEMS devices offer the ability to tailor diagnostic and therapeutic interventions to a patient’s specific needs. By providing real-time monitoring and data collection, these systems help medical professionals design more effective treatment plans based on the unique genetic, biochemical, and environmental factors affecting a patient. For instance, biosensors integrated with Bio-MEMS technology can detect specific biomarkers in the blood, enabling earlier diagnosis and more targeted treatments for diseases like cancer.

3. Advancements in Microfabrication Technology Innovations in microfabrication and nanotechnology have been instrumental in advancing Bio-MEMS technology. The ability to create highly sensitive and precise devices on a microscopic scale has opened the door to new applications in drug delivery systems, implantable devices, and tissue engineering. For example, implantable Bio-MEMS devices can deliver drugs in controlled doses directly to affected areas, reducing side effects and improving therapeutic outcomes. These innovations are pushing the boundaries of what is possible in modern healthcare, with new devices being developed for a wide range of medical applications.

Key Applications

1. Biosensors and Diagnostics Biosensors are one of the most prominent applications of Bio-MEMS technology. These devices can detect the presence of specific biological molecules, such as glucose, proteins, or DNA, and convert this information into electrical signals that can be easily interpreted. Bio-MEMS biosensors are used in glucose monitoring for diabetic patients, detecting pathogens in blood samples, and measuring biomarkers for cancer diagnosis. The ability to detect diseases early, at a molecular level, has made these sensors indispensable in clinical diagnostics.

2. Drug Delivery Systems Bio-MEMS devices have transformed drug delivery by offering precision-controlled release mechanisms. Implantable Bio-MEMS systems can release therapeutic agents in response to specific stimuli, such as pH levels or temperature changes in the body, improving the efficacy of the treatment while minimizing side effects. This is especially beneficial in the treatment of chronic diseases, where continuous, targeted drug delivery is essential.

3. Minimally Invasive Surgery Bio-MEMS devices are also contributing to the development of minimally invasive surgical tools. These tools allow surgeons to perform complex procedures with minimal damage to surrounding tissues, reducing recovery times and improving patient outcomes. Micro-scale devices such as catheters with embedded sensors or drug-eluting stents have become common in cardiovascular procedures, where precision is paramount.

Challenges and Future Trends

While the Bio-MEMS market is on a growth trajectory, there are challenges to its widespread adoption. One major challenge is the high cost of developing and manufacturing Bio-MEMS devices, which can limit their accessibility. Regulatory hurdles are another obstacle, as these devices must undergo rigorous testing to ensure their safety and efficacy in clinical settings.

Despite these challenges, the future of Bio-MEMS looks promising. As microfabrication techniques become more cost-effective and regulatory frameworks evolve, we can expect to see a surge in the development of new Bio-MEMS-based applications. The integration of artificial intelligence (AI) and machine learning (ML) with Bio-MEMS technology is another trend to watch, as it has the potential to enhance diagnostic accuracy and treatment efficacy.

Key players

Becton Dickinson

Abbott Laboratories

Boston Scientific

PerkinElmer

Medtronic

Baxter International

Teledyne DALSA Inc.

Segments

Based on Type

Gyroscopes

Accelerometers

Others

Based on Application

Neural Implants

Bionics

ENT Implants

Cardio-MEMS

Others

Based on Region

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/bio-mems-market

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Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: [email protected]

Website: www.credenceresearch.com

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health-views-updates · 2 months ago

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Digital PCR-dPCR Market Analysis, Share, Trends and Forecast by 2032 - Industry Research Report 2024

The global digital PCR (dPCR) market revenue is set for significant expansion, with market size valued at US$ 515 million in 2023 and projected to surge to US$ 3.32 billion by 2032. This rapid growth reflects a compound annual growth rate (CAGR) of 23% over the forecast period from 2024 to 2032, driven by increasing demand for precision diagnostics and advancements in molecular biology techniques.

Digital PCR (dPCR) is a highly sensitive and accurate method for quantifying DNA or RNA molecules, offering enhanced precision over traditional PCR techniques. The technology is widely used in applications such as clinical diagnostics, cancer research, pathogen detection, and genetic testing, where accuracy and sensitivity are critical.

Key Market Drivers

Rising Demand for Precision Diagnostics: The increasing demand for precise and accurate diagnostic tools in the healthcare sector is one of the primary drivers of the dPCR market. dPCR enables the detection and quantification of nucleic acids at low concentrations, making it ideal for early disease detection, monitoring, and personalized treatment approaches. The technology is being increasingly used in cancer diagnostics, where it helps detect genetic mutations and monitor treatment responses.

Advancements in Molecular Diagnostics and Genetic Testing: Ongoing advancements in molecular biology, genomics, and biotechnology are expanding the use of dPCR in research and clinical settings. Digital PCR provides highly reproducible and quantitative data, making it a valuable tool for genetic testing, liquid biopsy, and non-invasive prenatal testing (NIPT). As the adoption of precision medicine grows, the demand for dPCR technology is expected to rise, particularly in oncology, infectious disease diagnostics, and rare genetic disorder research.

Growing Adoption in Infectious Disease Detection: The COVID-19 pandemic has significantly accelerated the adoption of molecular diagnostics, including dPCR, for detecting viral pathogens. dPCR offers superior sensitivity in detecting low viral loads, making it a valuable tool for managing infectious diseases. The ongoing focus on improving global disease surveillance and preparedness will continue to drive the market for dPCR in infectious disease applications, including virus detection, antibiotic resistance testing, and monitoring of emerging pathogens.

Increasing Focus on Personalized Medicine: The shift toward personalized medicine, which tailors treatments based on an individual’s genetic profile, is another key factor propelling the growth of the dPCR market. Digital PCR technology enables the precise quantification of genetic variants, mutations, and biomarkers, supporting the development of personalized therapies in areas such as oncology, cardiovascular diseases, and autoimmune disorders. This personalized approach is gaining traction, as it offers more effective treatment options with fewer side effects.

Applications in Liquid Biopsy and Non-Invasive Testing: Digital PCR is a key technology in liquid biopsy applications, which involve analyzing biomarkers in body fluids such as blood, urine, and saliva. Liquid biopsy is less invasive than traditional tissue biopsies and provides valuable insights into tumor progression and treatment response. As liquid biopsy becomes a standard practice in cancer diagnostics and monitoring, the demand for dPCR technology will continue to grow.

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Challenges and Opportunities

Despite its advantages, the high cost of dPCR instruments and consumables remains a challenge, particularly for smaller research institutions and laboratories. Additionally, the technical complexity of the procedure may limit its widespread adoption in routine clinical laboratories.

However, as technological advancements continue to drive down costs and improve the user-friendliness of dPCR systems, these challenges are expected to be mitigated. Collaborations between key industry players and research institutions are fostering innovation in the dPCR market, leading to the development of more affordable and accessible solutions.

Moreover, the growing focus on companion diagnostics, where dPCR is used to guide treatment decisions based on a patient’s genetic profile, presents significant growth opportunities. The expanding use of dPCR in agricultural biotechnology and environmental testing also holds promise for the future of the market.

Regional Insights

North America dominates the digital PCR market, driven by a well-established healthcare infrastructure, advanced research capabilities, and a high level of adoption of molecular diagnostics. The U.S. leads the region in market share due to significant investments in cancer research, genetic testing, and infectious disease diagnostics.

Europe follows closely, with robust growth anticipated due to increasing government funding for precision medicine and genomics research. The Asia-Pacific region is expected to experience the highest growth during the forecast period, driven by expanding healthcare infrastructure, growing investments in life sciences, and rising demand for molecular diagnostics in countries such as China, Japan, and India.

Future Outlook

As precision diagnostics and personalized medicine continue to gain momentum, the digital PCR market is set to experience exponential growth. The projected CAGR of 23% from 2024 to 2032 highlights the transformative potential of dPCR technology in revolutionizing disease detection, monitoring, and treatment.

In conclusion, the digital PCR market is positioned for robust expansion, growing from US$ 515 million in 2023 to an estimated US$ 3.32 billion by 2032. With applications in precision diagnostics, genetic testing, and personalized medicine, dPCR will play an increasingly critical role in the future of healthcare, offering enhanced sensitivity, accuracy, and reliability in molecular diagnostics.

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sheetalblogs · 2 months ago

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#Breast Cancer Diagnostics Market

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Blood Screening Market 2023- Business Planning Research and Resources, Revenue, and Forecasts 2030

Blood Screening Market Size & Trends

The global blood screening market size was valued at USD 2.76 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 11.7% from 2023 to 2030.

Blood screening is a process in which donated blood is screened for infectious diseases such as HBV, HCV, HIV1, and HIV2. The high growth of this market is attributed to rising blood donations, an increase in the incidence of infectious diseases, and government initiatives. According to World Health Organization (WHO), 118.54 million blood donations are collected yearly. In the U.S., 6.8 million individuals donate blood annually, and 13.6 million units of red blood cells and whole blood are collected annually.

Gather more insights about the market drivers, restrains and growth of the Blood Screening Market

The market is primarily driven by the rise in the rate of disorders such as HIV, diphtheria, measles and chronic diseases such as hemophilia, cancer, and other blood-related disorders. Blood-based diagnostics are used to diagnose a wide range of diseases, including infectious diseases, cancer, and cardiovascular diseases. Serology tests detect the presence of antibodies to a specific disease-causing organism. These tests diagnose various infectious diseases, including HIV, hepatitis B, and syphilis. Molecular tests detect the presence of DNA or RNA from a specific disease-causing organism. These tests are more sensitive than serology tests and can be used to diagnose diseases at an earlier stage. Biochemical tests measure the levels of certain substances in the blood. These tests can diagnose a wide range of diseases, including diabetes, kidney disease, and liver disease.

The COVID-19 pandemic had a significant impact on the market. Although respiratory droplets are the primary means of COVID-19 virus transmission, research has shown that viral RNA may be discovered in blood samples, supporting blood screening for COVID-19 identification, hence driving the market significantly.

Blood Screening Market Segmentation

Grand View Research has segmented the global blood screening market based on technology, product, and region:

Technology Outlook (Revenue, USD Million, 2018 - 2030)

Nucleic Acid Amplification Test (NAT)

ELISA

Chemiluminescence Immunoassay (CLIA) and Enzyme Immunoassay (EIA)

Next Generation Sequencing

Western Blotting

Product Outlook (Revenue, USD Million, 2018 - 2030)

Reagent

Instrument

Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Canada

Europe

Germany

France

Italy

Spain

Sweden

Norway

Denmark

Asia Pacific

Japan

China

India

Australia

Thailand

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East and Africa

Saudi Arabia

South Africa

UAE

Kuwait

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global embolic protection devices market size was valued at USD 612.9 million in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2030.

The global covered stent market size was estimated at USD 1.13 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030.

Key Companies & Market Share Insights

Product launches, approvals, strategic acquisitions, and innovations are just a few of the important business strategies used by market participants to maintain and grow their global reach.

For instance, in March 2023, Abbott received U.S Food and Drug Administration (FDA) clearance for a laboratory traumatic brain injury blood test, the first commercially available lab-based test for the assessment of mild traumatic brain injuries (TBIs), commonly referred to as concussions, which will be made widely available to hospitals across the U.S. This test, which is powered by Abbott’s Alinity i laboratory tool, will enable clinicians to evaluate individuals with mild traumatic brain injuries in a timely manner.

Furthermore, in May 2023, Siemens Healthcare introduced Atellica HEMA 570 and 580 next-generation hematology analyzers, which have user-friendly interfaces and can be connected to multiple analyzers to remove workflow barriers and provide high throughput time.

Key Blood Screening Companies:

Abbott

Danaher Corporation (Beckman Coulter)

Becton Dickinson and Company

Bio-Rad Laboratories, Inc.

Hoffman-La Roche Ltd.

Grifols, S.A.

Ortho-Clinical Diagnostics, Inc.

Siemens Healthcare GmbH

Thermo Fisher Scientific, Inc.

SOFINA s.a (Biomerieux)

Order a free sample PDF of the Blood Screening Market Intelligence Study, published by Grand View Research.

#Blood Screening Market

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communicationblogs · 3 months ago

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Biomarkers Market — Forecast(2024–2030)

The market for Biomarkers is classified into five categories based on types, application areas, therapeutic segments, products and by end users, each of these segments are further broken down into sub-segments to give a comprehensive analysis of global biomarkers market.

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The overall market has also been presented from the perspective of different geographic locations and key economies in this market. Competitors are highlighted and market players are profiled with attributes covering company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of each of the prominent players for 2024 are detailed.

The market is largely dominated by North America which accounted for about half of the global share. APAC is a promising market and is opening gateways for new manufacturers.

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The report also provides a detailed qualitative analysis of the factors responsible for driving and hindering the growth of the Biomarkers market and future opportunities that can propel the market.

The report contains the most detailed and in-depth segmentation and analysis of the Global Biomarkers Market during the forecast period 2024 –2030.

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Types of biomarkers include:

Genetic: Variations in DNA associated with diseases or conditions.

Proteomic: Specific proteins or peptides that indicate the presence or progression of a disease.

Metabolic: Changes in metabolites that reflect altered metabolic pathways.

Imaging: Visual indicators of disease states obtained through imaging techniques like MRI or PET scans.

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Applications:

Diagnosis: Identifying diseases (e.g., elevated PSA levels for prostate cancer).

Prognosis: Predicting disease outcomes (e.g., genetic mutations indicating cancer recurrence).

Treatment Monitoring: Evaluating treatment effectiveness and adjusting therapies (e.g., monitoring blood glucose in diabetes).

Drug Development: Guiding the development and efficacy of new therapies.

Challenges include variability across individuals, standardization of testing methods, and ethical issues related to privacy. Future advancements aim to enhance personalized medicine, integrate multi-omics approaches, and improve early disease detection.

Sample Companies Profiled in this Report are:

EKF Diagnostics Holdings plc

Meso Scale Diagnostics, LLC

Singulex, Inc.

BioSims Technologies

Cisbio Bioassays etc…

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#digital marketing #reseach marketing #marketing #biomarkers #japan #usa

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creativeera · 3 months ago

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DNA and RNA Sample Preparation Market is Estimated to Witness High Growth Owing to Increasing Adoption

The DNA and RNA sample preparation market involves processes associated with isolation, extraction, purification and quantification of nucleic acids DNA and RNA from various sources like tissues, blood, sperm, cells etc. for downstream applications in genomics, molecular diagnostics, personalized medicine and others. The sample preparation is a critical and initial step before conducting various genomic tests including Next Generation Sequencing, polymerase chain reaction and other assays. Growing awareness and adoption of precision medicine and genetic/molecular testing is driving demand for efficient nucleic acid isolation and downstream analysis.

The Global DNA and RNA Sample Preparation Market is estimated to be valued at US$ 2262.46 Mn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the DNA and RNA sample preparation are Agilent Technologies, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., DiaSorin S.p.A, F. Hoffmann-La Roche, Miroculus, Inc., Illumina, Inc., PerkinElmer, Inc., QIAGEN, Sigma Aldrich Corp., Tecan Group AG, and Thermo Fisher Scientific, Inc. Growing prominence of personalized medicine is creating opportunities for development of new sample preparation methods and kits which can extract nucleic acids from various types of samples. Rising incidence of chronic and infectious diseases worldwide is increasing diagnostic testing which will propel sample preparation market growth. Global expansion of key market players through acquisitions and partnerships with regional diagnostic labs and research institutes will further augment market revenues. Market Drivers Increasing funding for Genomic and genetic research from government bodies as well as private sector is one of the key factors driving the DNA and RNA Sample Preparation Market Size. Government initiatives aimed at large scale population screening and clinical testing for various genetic disorders, infectious diseases and cancers are also creating demand for high throughput nucleic acid preparation. Growing geriatric population and rising healthcare spending in developing nations also provides growth opportunities for market players in the forecast period.

PEST Analysis Political: Laws and regulations imposed by governments for research using DNA and RNA samples could impact the market. Changes in healthcare policies will also have effects. Economic: Factors like GDP growth, income levels, healthcare spending will drive demand. Rise in research activities and focus on precision medicine boost the market. Social: Growing awareness about personalized medicine and importance of genetic testing are important. Social trends also promote preventive healthcare and wellness. Technological: Advancements in fields like next generation sequencing, lab automation, bioinformatics are key for market growth. Miniaturization and portability of equipment expand applications. Developments in sample collection and storage methods improve efficiency. Geographical regions where the market in terms of value is concentrated include North America and Europe. North America accounts for the largest share in the global market due to presence of well-established healthcare industry and research institutes. Europe also captures notable share due to growing biotech sector and research funding. The Asia Pacific region is projected to be the fastest growing market during the forecast period. This is attributed to factors such as increasing healthcare expenditure, growing awareness, expanding biotech industry and rising government investments in research. Countries like China, India offer growth opportunities as they focus on healthcare infrastructure development.

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#Coherent Market Insights #DNA And RNA Sample Preparation Market #DNA And RNA Sample Preparation #RNA Sample Preparation #Nucleic Acid Extraction #Genetic Material Isolation #DNA Extraction #RNA Extraction #Molecular Biology #Genomic DNA

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