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Cancer Diagnostics Device Market Share, Size, Price, Growth, Trends and Forecast 2016 - 2020

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Technavio recognizes the following companies as the key players in the global cancer diagnostics devices market: Abbott Diagnostics, Agilent Technologies, BD, bioMérieux, Qiagen, and Roche Diagnostics.
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Cancer Diagnostics Device Market Share, Size, Price, Growth,
Trends and Forecast 2016 – 2020
Technavio Announces the Publication of its Research Report – Global Cancer Diagnostic Devices Market
2016-2020
Technavio recognizes the following companies as the key players in the global cancer diagnostics devices
market: Abbott Diagnostics, Agilent Technologies, BD, bioMérieux, Qiagen, and Roche Diagnostics.
Other Prominent Vendors in the market are: Affymetrix, Ambry Genetics, Annoroad, Aviva Biosciences,
Biochain, Bio-Rad, Cancer Genetics, Cepheid, CompanionDx, DiagnoCure, Epic Sciences, Epigenomics,
Genomic Health, HalioDX, Hologic, Illumina, Myriad Genetics, Thermo Fisher Scientific, Ventana Medical
Systems, and Vysis.
Download Brochure now @ https://marketreportscenter.com/reports/313744/global-cancerdiagnostics-device-market-2016-2020
Commenting on the report, an analyst from Technavio’ s team said: “A trend which will definitely boost
market growth is product approvals and launches. The significant focus on cancer diagnosis has led to
the development of novel cancer diagnostic devices in the market. Many of these products have
received approval from regulatory agencies such as the FDA and Health Canada. The availability of these
advanced tests and associated diagnostic devices has allowed medical facilities to adopt them for cancer
diagnosis. For instance, Beckman Coulter's VERIS molecular diagnostic system and VERIS human
cytomegalovirus assay received CE mark approval in May 2014.”
According to the report, a key growth driver is the demand for personalized medicines. Proteins and
genes control and manage the biochemical functions of the body. Any defect in the structure of a
particular protein or gene can lead to specific conditions and disorders. The production of personalized
drugs depends on the identification and study of protein and gene expressions. These drugs are
customized based on an individual's protein or genetic profiles. Personalized medicines have high
demand in oncology therapy since conventional cancer drug therapies fail to achieve desired patient
outcomes.
Further, the report states that one challenge that could impact market growth is the high cost of
developing companion diagnostics.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor
landscape
in
addition
to
a
SWOT
analysis
of
the
key
vendors.
About the Cancer Diagnostic Devices Market
An increase in any particular internal and external factor can lead to cancer. Currently, the demand for
cancer therapy and research in complex molecular tumor diagnostics is high. Researchers are using
automated solutions to isolate genetic materials from small tissue samples. The complex genetic
analysis of samples using next-generation sequencing technologies helps researchers analyze the
individual and relevant pattern of genetic changes in tumor tissues, helping in determining the most
effective treatment options.
The development of sophisticated technologies such as microarray, next-generation sequencing, mass
spectrometry, automated DNA sequencing, fluorescence in-situ hybridization, and comparative genomic
hybridization has opened new avenues for cancer biomarkers. These technologies are capable of
detecting abnormalities in the gene expression and the genetic structure of cancer cells. In addition,
these technologies can analyze changes in the DNA, RNA, and chromosomes from tissue samples of a
tumor.
Technavio’ s analysts forecast the global cancer diagnostics devices market to grow at a CAGR of 18.07%
during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cancer diagnostics
devices market for 2016-2020 To calculate the market size, we consider revenue generated from the
sales of molecular and companion cancer diagnostic devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Cancer Diagnostics Devices Market 2016-2020, has been prepared based on
an in-depth market analysis with inputs from industry experts. The report covers the market landscape
and its growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Abbott Diagnostics
• Agilent Technologies
• BD
• bioMérieux
• Qiagen
• Roche Diagnostics
Other prominent vendors
• Affymetrix
• Ambry Genetics
• Annoroad
• Aviva Biosciences
• Biochain
• Bio-Rad
• Cancer Genetics
• Cepheid
• CompanionDx
• DiagnoCure
• Epic Sciences
• Epigenomics
• Genomic Health
• HalioDX
• Hologic
• Illumina
• Myriad Genetics
• Thermo Fisher Scientific
• Ventana Medical Systems
• Vysis
Request for discount @ https://marketreportscenter.com/request-discount/313744
Market driver
• Demand for personalized medicines
• For a full, detailed list, view our report
Market challenge
• High cost of developing companion diagnostics
• For a full, detailed list, view our report
Market trend
• Demand for personalized medicines
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
To Get Request Sample for this Reports: https://marketreportscenter.com/request-sample/313744
For more information content with us;
Sam Collins
Market Reports Center 1-646-883-3044 (US) [email protected]
https://marketreportscenter.com
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matthewjlarue
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