Companion Diagnostic Market Deep Analysis With Present Data and Forecast by 2028

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 This Companion Diagnostic Market report provides a comprehensive overview of important aspects that will drive market growth such as market drivers, restraints, prospects, opportunities, restraints, current trends, and technical and industrial advancements. The detailed study of the industry, industrial sector development and improvement, and new product launches outlined in this Companion Diagnostic Market report is an extraordinary help for the new key commercial market players to enter the market.

Companion diagnostic is a medical device used as an in-vitro diagnostic device, which is used to provide essential information of the drug or therapeutic product such as whether the drug is safe and effective towards particular treatment in patients, identify whether the patients are more likely to have benefit from the prescribed drug, and also carries out drug monitoring on the patients.

The global companion diagnostic market value is estimated to be valued at US$ 3,481.2 million in 2020 and is expected to exhibit a CAGR of 19.5% over the forecast period (2020-2027).

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Market Dynamics

Robust product pipeline, increasing approval of companion diagnostic procedures, and high outsourcing of funds by companies for the development of companion diagnostic are the factors driving the global companion diagnostic market growth. For instance, in March 2019, F. Hoffmann-La Roche Ltd received the U.S. Food and Drug Administration (FDA) approval for the VENTANA PD-L1 (SP142) Assay, which is the first companion diagnostic to aid in identifying triple-negative breast cancer (TNBC) patient eligible for treatment with the Roche cancer immunotherapy Tecentriq (atezolizumab) plus chemotherapy.

Key features of the study:

  • This report provides in-depth analysis of the global companion diagnostic market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2020–2027), considering 2019 as the base year

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

  • This study also provides key insights about market drivers, restraints, opportunities, new drug launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

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Table of Contents

Research Objectives and Assumptions

      • Research Objectives

      • Assumptions

      • Abbreviations

Market Preview

      • Report Description

        • Market Definition and Scope

      • Executive Summary

        • Market Snippet, By Application

        • Market Snippet, By Technology

        • Market Snippet, By Region

        • Coherent Opportunity Map (COM)

Market Dynamics, Regulations, and Trends Analysis

    • Market Dynamics

      • Drivers

      • Restraints

      • Impact Analysis

Key questions answered in the report: 

1. Which are the five top players in the Companion Diagnostic market?

2. How will the Companion Diagnostic market change in the next five years?

3. Which product and application will take a lion’s share of the Companion Diagnostic market?

4. What are the drivers and restraints of the Companion Diagnostic market?

5. Which regional market will show the highest growth?

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About US

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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