REPORT SCOPE & OVERVIEW
The Biomarkers Market, size was estimated USD 66.8 billion in 2022 and is expected to reach USD182.6 billion by 2030 at a CAGR of 13.4% during the forecast period of 2023-2030.
A biomarker or biological marker is a measurable indicator of the biological state or condition of an organ or a tissue, or a cell. Biomarkers are widely used in medicine, safety assessment, and drug discovery and development. Biomarkers can be classified into various types according to their functionality, such as diagnostics biomarkers, prognostic biomarkers, predictive biomarker, and others. They play an important role in improving the drug development process as well as in the larger biomedical research enterprise. Based on the biological properties, biomarkers are also categorized as genomics, proteomics, and others. Increase in the diagnostic applications of biomarkers is one of the major factors propelling the growth of the biomarker industry. An increase in the number of research and development activities, funded by biotechnology and pharmaceutical companies coupled with the rising prevalence of cancer are some of the major biomarker market trends boosting the demand and thereby, accelerating the growth of the market.
Increased investments in biomarker research, an increase in the prevalence of cancer, the growing importance of companion diagnostics, and substantial advances as a result of continuing research are all predicted to propel market growth. Research contributes to the creation of efficient treatments for a range of illnesses, including cancer, cardiovascular, immunological, and neurological conditions. It also aids in comprehending how a certain disease might be avoided and first identified. There has been a noticeable rise in both governmental and private investment in the sector. An organ, tissue, or cell's biological status or condition can be determined by a biomarker, also known as a biological marker. In medicine, safety evaluation, and other fields, biomarkers.
International increase in cancer incidence.
Due to factors including the rising incidence of smoking, bad eating habits, and physical inactivity, among others, the burden of cancer is predicted to increase in the future. Biomarkers can reveal a range of aspects of health or disease. Cancer is a difficult illness with a multi-stage carcinogenesis process that involves several molecular pathway events, making diagnosis, prognosis, and treatment difficult. A single marker is ineffective because cancer is complicated. Additionally, each kind of cancer has a unique molecular profile compared to the others. The identification of novel biomarkers opens up new avenues for the development of treatment approaches intended to correct dysregulation in cancer. As a result, the worldwide market for biomarkers will expand due to the rising incidence of cancer.
High startup costs and protracted biomarker development cycles.
Diagnostic biomarkers have a lot of room to grow in developing nations like China and India. This is partly attributable to the expanding patient population and resulting rise in illnesses like cancer and cardiovascular disease in these nations. According to research conducted by the American Heart Association (AHA), yearly cardiovascular events in China were predicted to rise by more than 50% between 2010 and 2030, with risk variables staying the same. The Lancet reports that in 2016, cardiovascular illnesses were responsible for 28% of all deaths in India, and that number is expected to rise to 36% by 2030. The need for early illness diagnostic techniques will be driven by the rising occurrence and burden of cardiovascular diseases in emerging nations, which will provide several potential players in the market for biomarker testing.
Technical difficulties with the collecting and storage of samples.
IMPACT OF RUSSIAN UKRAINE WAR
Geopolitical conflicts and wars may generally have a wide range of repercussions on a variety of sectors and businesses. Potential fluctuations in the biomarkers market may be influenced by a variety of elements, including changes in government regulations, changes in investment attitude, interruptions in commerce, supply networks, and manufacturing capacity in the afflicted areas, as well as alterations in consumer behaviour in reaction to the crisis to get current knowledge on how the conflict between Russia and Ukraine is affecting the market for biomarkers.
IMPACT OF ONGOING RECESSION
Healthcare Costs People and governments alike frequently cut back on their healthcare spending during economic downturns. Due to patients' desire to conserve money, non-essential medical consultations and tests may be put off, which can have an impact on diagnostic testing, especially biomarker-based examinations. Changing Demand There may be a shift in the demand for healthcare during a recession from certain regions to others. For instance, there may be greater demand for biomarkers used in early illness detection and preventative healthcare since they can aid in the earlier diagnosis of diseases, which may result in lower long-term treatment costs. Consolidation of the Market During economic downturns, smaller businesses may find it difficult to survive, while larger, more established businesses may decide to buy out or combine with other, less powerful firms. The overall competitiveness and innovation in the industry might be impacted by this concentration in the market for biomarkers.
Putting Value-Based Medicine First, Healthcare systems may prioritise value-based treatment and cost-effectiveness during recessions. More focus and acceptance may be given to biomarkers that show definite therapeutic advantages and cost reductions in patient treatment.
Drug Discovery & Development
Disease Risk Assessment
By Disease Indication
Other Disease Indications
Rest of Eastern Europe
Rest of Western Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East
Rest of Africa
Rest of Latin America
Due to the high illness burden, rising consumer awareness of biomarkers, encouraging government efforts, technical breakthroughs, and improvements in healthcare infrastructure, North America dominated the global business in 2022 with a revenue share of more than 45.0%. A significant element anticipated to fuel the region's growth is the presence of prominent firms in this area and the many organic and inorganic projects they have undertaken.
On the other side, Asia-Pacific is likely to increase at the quickest rate throughout the projected time. Regional expansion is anticipated to be supported by elements including a rise in financing for the discovery of biomarkers, a high cancer prevalence, expanding research activities, and affordable clinical trials in emerging countries. Additionally, it is anticipated that an increase in financing for biotech and pharmaceutical firms, an increase in the number of CROs, and a broadening of the use of biomarkers would support regional market expansion within the anticipated time frame.
The major key players are F. Hoffmann-La Roche Ltd., Abbott, Epigenomics AG, General Electric, Johnson & Johnson Services, Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Siemens Healthcare GmbH, QIAGEN and others.
F. Hoffmann-La Roche Ltd: In December 2022, The U.S. Food and Drug Administration (FDA) granted 510(k) clearance for the Elecsys beta-amyloid (1-42) CSF II (Abeta42) and Elecsys phospho-Tau (181P) CSF (pTau181) tests, according to F. Hoffmann-La Roche Ltd. (Switzerland). In persons 55 years of age and older who are being assessed for Alzheimer's disease, the Elecsys AD CSF Abeta42 and pTau181 tests (used as a pTau181/Abeta42 ratio) examine two biomarkers that are hallmarks of Alzheimer's pathology, beta-amyloid and tau proteins.
Enzo Biochem: In September 2022, AMPIVIEW Gene Expression Platform by Enzo Biochem was introduced with products for HPV and SARS-CoV-2 detection.
|Market Size in 2022||US$ 66.8 Bn|
|Market Size by 2030||US$ 182.6 Bn|
|CAGR||CAGR of 13.4% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Product (Consumables, Services, Software)
• By Type (Safety Biomarkers, Efficacy Biomarkers, Predictive Biomarkers, Surrogate Biomarkers, Pharmacodynamics Biomarkers, Prognostic Biomarkers)
• By Application (Diagnostics, Drug Discovery & Development)
• By Disease Indication (Cancer, Infectious Diseases, Immune Disorders, Neurological Disorders)
|Regional Analysis/Coverage||North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)|
|Company Profiles||F. Hoffmann-La Roche Ltd., Abbott, Epigenomics AG, General Electric, Johnson & Johnson Services, Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Siemens Healthcare GmbH, QIAGEN|
|Key Drivers||• International increase in cancer incidence.|
|Market Restraints||• High startup costs and protracted biomarker development cycles.|
Ans: Biomarkers Market is anticipated to expand by 66.8% from 2023 to 2030.
Ans: USD 182.6 billion is expected to grow by 2030.
Ans: Biomarkers Market size was valued at USD 66.8 billion in 2022.
Ans: Throughout the forecast period, factors such as the rising frequency of chronic illnesses, technological developments in the methods used to generate diagnoses based on biomarkers, and the rising geriatric population are projected to have a substantial positive impact on the biomarkers market.
Ans: In 2022, cancer had 36.7% of the market share and led the illness sector, thanks to rising demand for quick and precise diagnostic technologies as well as a steep rise in global prevalence.
TABLE OF CONTENT
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.2 Impact on major economies
220.127.116.11 United Kingdom
18.104.22.168 South Korea
22.214.171.124 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Biomarkers Market, By Product
9. Biomarkers Market, By Type
9.1 Safety Biomarkers
9.2 Efficacy Biomarkers
9.3 Predictive Biomarkers
9.4 Surrogate Biomarkers
9.5 Pharmacodynamics Biomarkers
9.6 Prognostic Biomarkers
9.7 Validation Biomarkers
10. Biomarkers Market, By Application
10.2 Drug Discovery & Development
10.3 Personalized Medicine
10.4 Disease Risk Assessment
10.5 Other Applications
11. Biomarkers Market, By Disease Indication
11.2 Infectious Diseases
11.3 Immune Disorders
11.4 Neurological Disorders
11.5 Cardiovascular Disorders
11.6 Other Disease Indications
12. Regional Analysis
12.2 North America
12.2.1 North America Biomarkers Market by Country
12.2.2North America Biomarkers Market By Product
12.2.3 North America Biomarkers Market By Type
12.2.4 North America Biomarkers Market By Application
12.2.5 North America Biomarkers Market by Disease Indication
126.96.36.199 USA Biomarkers Market By Product
188.8.131.52 USA Biomarkers Market By Type
184.108.40.206 USA Biomarkers Market By Application
220.127.116.11 USA Biomarkers Market by Disease Indication
18.104.22.168 Canada Biomarkers Market By Product
22.214.171.124 Canada Biomarkers Market By Type
126.96.36.199 Canada Biomarkers Market By Application
188.8.131.52 Canada Biomarkers Market by Disease Indication
184.108.40.206 Mexico Biomarkers Market By Product
220.127.116.11 Mexico Biomarkers Market By Type
18.104.22.168 Mexico Biomarkers Market By Application
22.214.171.124 Mexico Biomarkers Market by Disease Indication
12.3.1 Eastern Europe
126.96.36.199 Eastern Europe Biomarkers Market by Country
188.8.131.52 Eastern Europe Biomarkers Market By Product
184.108.40.206 Eastern Europe Biomarkers Market By Type
220.127.116.11 Eastern Europe Biomarkers Market By Application
18.104.22.168 Eastern Europe Biomarkers Market by Disease Indication
22.214.171.124.1 Poland Biomarkers Market By Product
126.96.36.199.2 Poland Biomarkers Market By Type
188.8.131.52.3 Poland Biomarkers Market By Application
184.108.40.206.4 Poland Biomarkers Market by Disease Indication
220.127.116.11.1 Romania Biomarkers Market By Product
18.104.22.168.2 Romania Biomarkers Market By Type
22.214.171.124.3 Romania Biomarkers Market By Application
126.96.36.199.4 Romania Biomarkers Market by Disease Indication
188.8.131.52.1 Hungary Biomarkers Market By Product
184.108.40.206.2 Hungary Biomarkers Market By Type
220.127.116.11.3 Hungary Biomarkers Market By Application
18.104.22.168.4 Hungary Biomarkers Market by Disease Indication
22.214.171.124.1 Turkey Biomarkers Market By Product
126.96.36.199.2 Turkey Biomarkers Market By Type
188.8.131.52.3 Turkey Biomarkers Market By Application
184.108.40.206.4 Turkey Biomarkers Market by Disease Indication
220.127.116.11 Rest of Eastern Europe
18.104.22.168.1 Rest of Eastern Europe Biomarkers Market By Product
22.214.171.124.2 Rest of Eastern Europe Biomarkers Market By Type
126.96.36.199.3 Rest of Eastern Europe Biomarkers Market By Application
188.8.131.52.4 Rest of Eastern Europe Biomarkers Market by Disease Indication
12.3.2 Western Europe
184.108.40.206 Western Europe Biomarkers Market by Country
220.127.116.11 Western Europe Biomarkers Market By Product
18.104.22.168 Western Europe Biomarkers Market By Type
22.214.171.124 Western Europe Biomarkers Market By Application
126.96.36.199 Western Europe Biomarkers Market by Disease Indication
188.8.131.52.1 Germany Biomarkers Market By Product
184.108.40.206.2 Germany Biomarkers Market By Type
220.127.116.11.3 Germany Biomarkers Market By Application
18.104.22.168.4 Germany Biomarkers Market by Disease Indication
22.214.171.124.1 France Biomarkers Market By Product
126.96.36.199.2 France Biomarkers Market By Type
188.8.131.52.3 France Biomarkers Market By Application
184.108.40.206.4 France Biomarkers Market by Disease Indication
220.127.116.11.1 UK Biomarkers Market By Product
18.104.22.168.2 UK Biomarkers Market By Type
22.214.171.124.3 UK Biomarkers Market By Application
126.96.36.199.4 UK Biomarkers Market by Disease Indication
188.8.131.52.1 Italy Biomarkers Market By Product
184.108.40.206.2 Italy Biomarkers Market By Type
220.127.116.11.3 Italy Biomarkers Market By Application
18.104.22.168.4 Italy Biomarkers Market by Disease Indication
22.214.171.124.1 Spain Biomarkers Market By Product
126.96.36.199.2 Spain Biomarkers Market By Type
188.8.131.52.3 Spain Biomarkers Market By Application
184.108.40.206.4 Spain Biomarkers Market by Disease Indication
220.127.116.11.1 Netherlands Biomarkers Market By Product
18.104.22.168.2 Netherlands Biomarkers Market By Type
22.214.171.124.3 Netherlands Biomarkers Market By Application
126.96.36.199.4 Netherlands Biomarkers Market by Disease Indication
188.8.131.52.1 Switzerland Biomarkers Market By Product
184.108.40.206.2 Switzerland Biomarkers Market By Type
220.127.116.11.3 Switzerland Biomarkers Market By Application
18.104.22.168.4 Switzerland Biomarkers Market by Disease Indication
22.214.171.124.1 Austria Biomarkers Market By Product
126.96.36.199.2 Austria Biomarkers Market By Type
188.8.131.52.3 Austria Biomarkers Market By Application
184.108.40.206.4 Austria Biomarkers Market by Disease Indication
220.127.116.11 Rest of Western Europe
18.104.22.168.1 Rest of Western Europe Biomarkers Market By Product
22.214.171.124.2 Rest of Western Europe Biomarkers Market By Type
126.96.36.199.3 Rest of Western Europe Biomarkers Market By Application
188.8.131.52.4 Rest of Western Europe Biomarkers Market by Disease Indication
12.4.1 Asia Pacific Biomarkers Market by Country
12.4.2 Asia Pacific Biomarkers Market By Product
12.4.3 Asia Pacific Biomarkers Market By Type
12.4.4 Asia Pacific Biomarkers Market By Application
12.4.5 Asia Pacific Biomarkers Market by Disease Indication
184.108.40.206 China Biomarkers Market By Product
220.127.116.11 China Biomarkers Market By Type
18.104.22.168 China Biomarkers Market By Application
22.214.171.124 China Biomarkers Market by Disease Indication
126.96.36.199 India Biomarkers Market By Product
188.8.131.52 India Biomarkers Market By Type
184.108.40.206 India Biomarkers Market By Application
220.127.116.11 India Biomarkers Market by Disease Indication
18.104.22.168 Japan Biomarkers Market By Product
22.214.171.124 Japan Biomarkers Market By Type
126.96.36.199 Japan Biomarkers Market By Application
188.8.131.52 Japan Biomarkers Market by Disease Indication
12.4.9 South Korea
184.108.40.206 South Korea Biomarkers Market By Product
220.127.116.11 South Korea Biomarkers Market By Type
18.104.22.168 South Korea Biomarkers Market By Application
22.214.171.124 South Korea Biomarkers Market by Disease Indication
126.96.36.199 Vietnam Biomarkers Market By Product
188.8.131.52 Vietnam Biomarkers Market By Type
184.108.40.206 Vietnam Biomarkers Market By Application
220.127.116.11 Vietnam Biomarkers Market by Disease Indication
18.104.22.168 Singapore Biomarkers Market By Product
22.214.171.124 Singapore Biomarkers Market By Type
126.96.36.199 Singapore Biomarkers Market By Application
188.8.131.52 Singapore Biomarkers Market by Disease Indication
184.108.40.206 Australia Biomarkers Market By Product
220.127.116.11 Australia Biomarkers Market By Type
18.104.22.168 Australia Biomarkers Market By Application
22.214.171.124 Australia Biomarkers Market by Disease Indication
12.4.13 Rest of Asia-Pacific
126.96.36.199 Rest of Asia-Pacific Biomarkers Market By Product
188.8.131.52 Rest of Asia-Pacific Biomarkers Market By Type
184.108.40.206 Rest of Asia-Pacific Biomarkers Market By Application
220.127.116.11 Rest of Asia-Pacific Biomarkers Market by Disease Indication
12.5 Middle East & Africa
12.5.1 Middle East
18.104.22.168 Middle East Biomarkers Market by country
22.214.171.124 Middle East Biomarkers Market By Product
126.96.36.199 Middle East Biomarkers Market By Type
188.8.131.52 Middle East Biomarkers Market By Application
184.108.40.206 Middle East Biomarkers Market by Disease Indication
220.127.116.11.1 UAE Biomarkers Market By Product
18.104.22.168.2 UAE Biomarkers Market By Type
22.214.171.124.3 UAE Biomarkers Market By Application
126.96.36.199.4 UAE Biomarkers Market by Disease Indication
188.8.131.52.1 Egypt Biomarkers Market By Product
184.108.40.206.2 Egypt Biomarkers Market By Type
220.127.116.11.3 Egypt Biomarkers Market By Application
18.104.22.168.4 Egypt Biomarkers Market by Disease Indication
22.214.171.124 Saudi Arabia
126.96.36.199.1 Saudi Arabia Biomarkers Market By Product
188.8.131.52.2 Saudi Arabia Biomarkers Market By Type
184.108.40.206.3 Saudi Arabia Biomarkers Market By Application
220.127.116.11.4 Saudi Arabia Biomarkers Market by Disease Indication
18.104.22.168.1 Qatar Biomarkers Market By Product
22.214.171.124.2 Qatar Biomarkers Market By Type
126.96.36.199.3 Qatar Biomarkers Market By Application
188.8.131.52.4 Qatar Biomarkers Market by Disease Indication
184.108.40.206 Rest of Middle East
220.127.116.11.1 Rest of Middle East Biomarkers Market By Product
18.104.22.168.2 Rest of Middle East Biomarkers Market By Type
22.214.171.124.3 Rest of Middle East Biomarkers Market By Application
126.96.36.199.4 Rest of Middle East Biomarkers Market by Disease Indication
188.8.131.52 Africa Biomarkers Market by country
184.108.40.206 Africa Biomarkers Market By Product
220.127.116.11 Africa Biomarkers Market By Type
18.104.22.168 Africa Biomarkers Market By Application
22.214.171.124 Africa Biomarkers Market by Disease Indication
126.96.36.199.1 Nigeria Biomarkers Market By Product
188.8.131.52.2 Nigeria Biomarkers Market By Type
184.108.40.206.3 Nigeria Biomarkers Market By Application
220.127.116.11.4 Nigeria Biomarkers Market by Disease Indication
18.104.22.168 South Africa
22.214.171.124.1 South Africa Biomarkers Market By Product
126.96.36.199.2 South Africa Biomarkers Market By Type
188.8.131.52.3 South Africa Biomarkers Market By Application
184.108.40.206.4 South Africa Biomarkers Market by Disease Indication
220.127.116.11 Rest of Africa
18.104.22.168.1 Rest of Africa Biomarkers Market By Product
22.214.171.124.2 Rest of Africa Biomarkers Market By Type
126.96.36.199.3 Rest of Africa Biomarkers Market By Application
188.8.131.52.4 Rest of Africa Biomarkers Market by Disease Indication
12.6. Latin America
12.6.1 Latin America Biomarkers Market by country
12.6.2 Latin America Biomarkers Market By Product
12.6.3 Latin America Biomarkers Market By Type
12.6.4 Latin America Biomarkers Market By Application
12.6.5 Latin America Biomarkers Market by Disease Indication
184.108.40.206 Brazil Biomarkers Market By Product
220.127.116.11 Brazil Biomarkers Market By Type
18.104.22.168 Brazil Biomarkers Market By Application
22.214.171.124 Brazil Biomarkers Market by Disease Indication
126.96.36.199 Argentina Biomarkers Market By Product
188.8.131.52 Argentina Biomarkers Market By Type
184.108.40.206 Argentina Biomarkers Market By Application
220.127.116.11 Argentina Biomarkers Market by Disease Indication
18.104.22.168 Colombia Biomarkers Market By Product
22.214.171.124 Colombia Biomarkers Market By Type
126.96.36.199 Colombia Biomarkers Market By Application
188.8.131.52 Colombia Biomarkers Market by Disease Indication
12.6.9 Rest of Latin America
184.108.40.206 Rest of Latin America Biomarkers Market By Product
220.127.116.11 Rest of Latin America Biomarkers Market By Type
18.104.22.168 Rest of Latin America Biomarkers Market By Application
22.214.171.124 Rest of Latin America Biomarkers Market by Disease Indication
13 Company Profile
13.1 F. Hoffmann-La Roche Ltd.
13.1.1 Company Overview
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Abbott, Epigenomics AG.
13.2.1 Company Overview
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 General Electric.
13.3.1 Company Overview
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Johnson & Johnson Services, Inc.
13.4 Company Overview
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Thermo Fisher Scientific Inc.
13.5.1 Company Overview
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Bio-Rad Laboratories, Inc.
13.6.1 Company Overview
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Siemens Healthcare GmbH.
13.7.1 Company Overview
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8.1 Company Overview
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 AVI Healthcare Pvt. Ltd.
13.9.1 Company Overview
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Epigenomics AG.
13.10.1 Company Overview
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Bench marking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
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