The UK diagnostic biomarker market is estimated to grow significantly at a CAGR of more than 12% during the forecast period. The major factor that is driving the market includes a high prevalence of cancer and chronic diseases in the region. Furthermore, the nation has the highest number of CVD, Congenital heart disease (CHD), stroke, heart failure, atrial fibrillation, and other heart-related diseases. According to the British Heart Foundation in 2017, more than one-fourth of the fatalities in UK are due to CVD, which is responsible for around 1.6 million fatalities each year. The rise in such diseases increases the demand for efficient diagnostic techniques and hence drives the growth of the market in the region.
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The UK diagnostic biomarker market is segmented on the basis of diagnostic technique and application. On the basis of the diagnostic technique, the market is segmented into ELISA, colorimetric assay, liquid chromatography-mass spectrometry, particle-enhanced turbidimetric immunoassay and other. Further, on the basis of application, the market is segmented into oncology, cardiology, neurology, nephrology, and others. There is a huge scope for the market in the oncology segment due to the increasing prevalence of cancer. A large number of researches are going on finding a diagnostic biomarker for various types of cancer so that early detection can be done.
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Market Segmentation
UK Diagnostic Biomarker Market by Diagnostic Technique
- ELISA
- Colorimetric Assay
- Liquid Chromatography-Mass Spectrometry
- Particle-Enhanced Turbidimetric Immunoassay
- Others
UK Diagnostic Biomarker Market by Application
- Oncology
- Cardiology
- Neurology
- Nephrology
- Others
Company Profiles
- Abbott Laboratories Inc.
- Abcodia Ltd.
- Agilent Technologies, Inc.
- Avacta Group Plc
- Bayer AG
- Becton, Dickson and Co.
- BioMérieux S.A.
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