The UK genomic biomarker market is estimated to grow significantly at a CAGR of more than 15% during the forecast period. The major factors driving market growth include a high prevalence of cancer and chronic diseases in the region. The healthcare expenditure in UK has increased significantly as compared to that of other countries in the European region. This is one of the prime reasons which is expected to increase the investment in R&D of new technologies such as genomic biomarkers for the treatment of chronic diseases. Further, the prevalence of cardiac diseases has been increasing in UK.
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UK has the highest number of CVD, CHD, Stroke, heart failure, atrial fibrillation, and other heart patients. The use of genomic biomarker is used to implement the suitable drug therapy to the patients suffering from cardiovascular diseases, thereby providing personalized treatment options to the patient and thereby creating opportunities for the growth of the market in the near future.
The UK genomic biomarker market is segmented on the basis of application and end-user. On the basis of application, the market is segmented into oncology, cardiology, neurology, and others. There is a huge scope for the market in the oncology segment due to the increasing prevalence of cancer. On the basis of end-user, the market is segmented into hospitals and diagnostic.
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UK Genomic Biomarker Market Segmentation
By Application
- Oncology
- Cardiology
- Neurology
- Others
By End-User
- Hospitals
- Diagnostic & Research Laboratories
Company Profiles
- Avacta Group Plc
- Bayer AG
- BioMérieux S.A.
- Bio-Rad Laboratories, Inc.
- DestiNA Genomics Ltd.
- Eagle Genomics Ltd.
- Epistem Ltd
- Eurofins Scientific SE
- F-Hoffman-La Roche Ltd.
- Valirx PLC
- The Almac Group
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