The European diagnostic biomarker market is estimated to grow significantly at a CAGR of more than 11% during the forecast period. Factors that are contributing significantly in the market growth include the presence of a well-developed healthcare sector and considerably high healthcare expenditure and infrastructure in its economies such as Germany, UK, France and many more. The major factor contributing to the European diagnostic biomarker market include the rising prevalence of chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis. Unhealthy lifestyle such as smoking, consumption of drugs and alcohol in European countries are the major factors for increasing cancer incidences among men and women. Government initiatives, programs, and funding related to increasing awareness of cancer are also contributing to the growth of the market in the region.
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The European 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
European Diagnostic Biomarker Market by Diagnostic Technique
- ELISA
- Colorimetric Assay
- Liquid Chromatography-Mass Spectrometry
- Particle-Enhanced Turbidimetric Immunoassay
- Others
European Diagnostic Biomarker Market by Application
- Oncology
- Cardiology
- Neurology
- Nephrology
- Others
Regional Analysis
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- Abbott Laboratories Inc.
- Abcodia Ltd.
- Agendia N.V.
- Agilent Technologies, Inc.
- Avacta Group Plc
- Bayer AG
- Beckman Coulter Inc.
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