MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Immuno-Oncology Assay Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Immuno-Oncology Assay Market: 2023-2028
The Immuno-Oncology Assay Market is projected to grow at a CAGR of around 12.5% during the forecast period, i.e., 2023-28.
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What are the primary factors driving the growth of the Immuno-Oncology Assay Market?
Global Immuno-Oncology Assay Market Driver: Increasing Cancer Cases Globally to Drive Immuno-Oncology Assay Market
The substantial growth in the Global Immuno-Oncology Assay Market has been attributed to the increasing prevalence of cancer globally. The global incidence of cancer has risen significantly, with notable increases reported in countries such as the US and India, as documented by leading healthcare organizations like the World Health Organization, the International Agency for Research on Cancer, and the Global Cancer Observatory. For instance,
In 2018, the Global Cancer Observatory recorded approximately 18.1 million cancer cases worldwide, a number that escalated to approximately 19.2 million by 2020.
This surge in cancer cases has underscored the imperative for effective management. Consequently, countries, particularly the United States and India, have implemented measures to combat cancer, leading to heightened awareness among patients. This heightened awareness has driven the need for immune-oncology assays globally, catering to the need for early-stage detection and diagnosis.
Furthermore, global cancer research and healthcare organizations predict a continued increase in cancer cases in the years ahead. This prediction is based on factors such as the proliferation of carcinogenic pollutants in the environment and the growing prevalence of genetic mutations as significant contributors to cancer development. As a result, the demand for better immune-oncology diagnostic services would amplify in the coming years as well.
Immuno-Oncology Assay Market Segmentation:
The Immuno-Oncology Assay Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Product & Services
-Reagents and Antibodies
-Testing Kits
-Instruments
-Consumables & Accessories
-Software
- Among them, reagents and antibodies are pivotal components that play a significant role in cancer diagnosis and monitoring, owing to which, they have been dominating the Global Immuno-Oncology Assay Market over the historical years.
By Assay Type
-Checkpoint Inhibitor Assays
-Cytokine Profiling Assays
-Protein Biomarker Assays
-Genomic Sequencing and Mutational Analysis
-Immune Profiling Assays
-Tumour Biomarker Assays
-Others (Gene Expression Profiling Assays, Multiplex Assays, etc.)
By Technology
-Polymerase Chain Reaction
-Immunoassay
-Next-generation Sequencing
-In-situ Hybridization
-Flow Cytometry
-Others (Mass Spectrometry, Immunohistochemistry (IHC), etc.)
By Indication
-Lung Cancer
-Breast Cancer
-Colorectal Cancer
-Prostate Cancer
-Ovarian Cancer
-Others (Bladder Cancer, Melanoma, etc.)
By Application
-Clinical Assay
-Research & Development
By End User
-Hospitals
-Cancer Research Centers
-Specialty Cancer Clinics
-Clinical Laboratories
-Others (Contract Research Organizations (CROs), Contract Development & Manufacturing Organizations (CDMOs), etc.)
Geographical Analysis into the Vivid Hair Dye Market:
- North America: US, Canada, Mexico
- Europe: The UK, Germany, Italy, France, Spain, Rest of Europe,
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Rest of South America
- Middle East & Africa: GCC, South Africa, Rest of MEA
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/immuno-oncology-assay-market.html
Competitive Landscape and Immuno-Oncology Assay MarAket Share Analysis:
The competitive landscape of the Immuno-Oncology Assay Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Agilent Technologies Inc., Aviva Systems Biology Corporation, PerkinElmer Inc., Bio-Rad Laboratories, Inc., Illumina Inc., Qiagen N.V, Thermo Fisher Scientific, Inc., Sartorius AG, NanoString Technologies, Inc., BioGenex, Abbott Laboratories, Inc., Asuragen Inc., Meso Scale Assay, LLC, Merck Millipore, Enzo Biochem Inc., and Others
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Immuno-Oncology Assay Market growth?
- How is the Immuno-Oncology Assay Market expected to grow over the next five years?
- What are the key insights into the current trends in the Immuno-Oncology Assay Market?
- What is the current size of the Immuno-Oncology Assay Market, and how is it projected to change in the future?
- What is the future outlook for the Immuno-Oncology Assay Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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