Biomarker Market Research
Biomarker is a biochemical feature or facet that can be used to measure the progress of disease or the effects of treatment
Currently the most important applications of biomarkers are in drug discovery and development. The role of biomarkers in various therapeutic areas particularly cancer, cardiovascular diseases and disorders of the central nervous system, is noteworthy. Biomarkers are useful not only for diagnosis of some of these diseases, but also for understanding the pathomechanism as well as a basis for development of therapeutics. Biomarkers have now gained significant importance in the drug development process, and the market is thus perceived as a lucrative segment that is opening up new opportunities. The global market for markers is projected to reach US$26.5 billion by 2015, growing by a sturdy CAGR of 20.2% during the period 2007-2015.
The Biomarkers market research incorporates market value, market volume, key competitors within the market and market forecasts. The report further analyzes the global market for biomarker therapeutic areas comprising Cardiology, Neurology, Oncology etc. The study helps in acquiring an understanding of the market dynamics, market size, and the competitive landscape.