The US genomic biomarker market is estimated to grow significantly at a CAGR of around 15.6% during the forecast period. Factors that are contributing significantly to the market growth include the presence of well-developed healthcare infrastructure, increasing healthcare R&D investments, high healthcare expenditure and others. Moreover, the market growth is attributed to the rising prevalence of cancer, CVDs, and chronic diseases. The rising number of cancer patients is considered to be one of the major factors that are driving the growth of the market in the US.
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The US 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. A genomic biomarker can detect various types of diseases. However, most of the research institutes are majorly focused on oncology diagnosis and therapeutics. The genomic biomarker is widely used for the diagnosis of various types of cancer across the globe. On the basis of end-user, the market is segmented into hospitals and diagnostic.
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Market Segmentation
US Genomic Biomarker Market by Application
- Oncology
- Cardiology
- Neurology
- Others
US Genomic Biomarker Market by End-User
- Hospitals
- Diagnostic & Research Laboratories
Company Profiles
- Abbott Laboratories Inc.
- Agilent Technologies, Inc.
- Banyan Biomarkers, Inc.
- Beckman Coulter Inc.
- Becton, Dickson and Co.
- Bio-Rad Laboratories, Inc.
- Celgene Corp.
- Cofactor Genomics, Inc.
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