Regionally, North America is expected to be the dominant market. Rising incidence of cancer and high adoption of biomarkers is expected to boost the demand for molecular biomarkers for cancer detection. Western Europe is expected to follow next in adoption of molecular biomarkers for cancer detection. Increasing research funding for development of novel biomarkers and presence of key players in the North America and Western Europe is expected to create high growth opportunities for biomarker manufacturers in these regions. APEJ (Asia-Pacific excluding Japan) is expected to be next followed by North America and Western Europe owing to increasing demand for cancer diagnostics in India, Australia, and China. Japan is expected to witness the high adoption of molecular biomarkers owing to increasing R&D investment in cancer-related research form the government and local clinical research organizations. Latin America and MEA regions are expected to follow in line demand for molecular biomarkers for cancer detection owing to changing global trend for cancer detection.
Molecular Biomarkers for Cancer Detection Market: Key Players
Some key players in the molecular biomarkers for cancer detection are Abbott Laboratories, Agilent Technologies, Roche Diagnostics, Ltd., Qiagen N.V., Thermo Fisher Scientific, Inc., Becton Dickenson & Company, Merck & Co, Inc.
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