New York, July 16, 2018: Market Research Engine has published a new report titled as “Companion Diagnostics Market By Indication (Gastric Cancer, Lung Cancer, Colorectal Cancer, Breast Cancer, Urology, Melanoma); By Technology (Molecular Diagnostics, CISH, Immunohistochemistry, Real Time PCR, In-situ Hybridization, FISH, Gene Sequencing) and by Regional Analysis – Global Forecast by 2017 – 2024”.

    The Companion Diagnostics Market is expected to exceed more than US$ 7 Billion by 2024 at a CAGR of 20% in the given forecast period.

    The Companion Diagnostics Market is segmented on the lines of its Indication, Technology and regional. Basis of Indication is segmented into Colorectal Cancer, Breast Cancer, Lung Cancer, Melanoma, Urology and Gastric Cancer. Based on technology it covers Immunohistochemistry, Molecular Diagnostics, In-situ Hybridization, FISH, CISH, Real Time PCR and Gene Sequencing. The Companion Diagnostics Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    Companion nosology is employed to establish who would have the benefit of treatment and it comes in handy to identify if somebody cannot be cured, however additionally conversely is injured by the employment of a selected drug used for his or her ill. Technological advancements have brought a lot of changes within the technique of illness treatment. Companion nosology is characterised by growing demand for increased personal patient treatment that provides aid suppliers and their patients an assurance concerning the treatment lead to a positive method, contrary to ancient treatment procedure. Major impact of companion diagnostic is on medical specialty medical care space.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Abbott Laboratories, Dako (Agilent Technologies), Roche Holdings, Qiagen NV, Seimens Helthineers, Takeda Pharmaceuticals, Myriad Genetics, Thermo Fisher Scientific, Tacogen, and Illumina Inc., among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    The Companion Diagnostics Market has been segmented as below:

    By Indication:

    • Gastric Cancer
    • Lung Cancer
    • Colorectal Cancer
    • Breast Cancer
    • Urology
    • Melanoma

    By Technology:

    • Molecular Diagnostics
    • CISH
    • Immunohistochemistry
    • Real Time PCR
    • In-situ Hybridization
    • FISH
    • Gene Sequencing

    The major driving factors of Companion Diagnostics Market are as follows:

    • Companies Promoting customized medication and Targeted medical care as a new Treatment choice
    • Increasing Cases of Adverse Drug Reactions
    • Co-Development of Drug and Diagnostic Technology

    The major restraining factors of Companion Diagnostics Market are as follows:

    • High price of Drug Development and Associated Clinical Trials
    • Reimbursement problems among several Countries

    This report provides:

    1) An overview of the global market for Companion Diagnostics Marketand related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Companion Diagnostics Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

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    The scope of the report includes a detailed study of Companion Diagnostics Marketwith the reasons given for variations in the growth of the industry in certain regions.

    Table of Contents:

    1.  Introduction
    2.  Research Methodology
    3.  Report Summary
    4.  Market Overview
    5.  Companion Diagnostics Market Analysis, By Indication
    6.  Companion Diagnostics Market Analysis, By Technology
      7.    Companion Diagnostics Market Analysis, By Region
    7.  Competitive Overview
      9.    Company Profiles
      9.1    Seimens Healthineers
      9.2    Roche Holdings
      9.3    Abbott Laboratories
      9.4    Dako (Agilent Technologies)
      9.5    Qiagen NV
      9.6    Illumina Inc.
      9.7    Takeda Pharmaceuticals
      9.8    Thermo Fisher Scientific
      9.9    Tacogen
      9.10    Myriad Genetics
      9.11    Others

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    Source: http://www.financeswire.com/companion-diagnostics-market-is-worth-us-7-billion-by-2024