Rare Biomarkers Specimen Collection and Stabilization Market By Type (Circulating Cell Free DNA (ccfDNA), Circulating Tumor Cells (CTCs), Exosomes Vesicles), By Product (Isolation Kits and Reagent, Blood Collection Tubes, Systems), By Application (Oncology, Cardiovascular Diseases, NIPT, Transcriptomics, Pharmacogenomics, Transplant Rejection, Population Screening, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global rare biomarkers specimen collection and stabilization market was valued at $23,270.04 million in 2021, and is projected to reach $54,145.59 million by 2031, registering a CAGR of 8.7% from 2022 to 2031. Biomarker is a measurable indicator of some biological state or condition. It is usually used in the measurement and evaluation of blood, urine, and soft tissues. Biomarkers focus on monitoring vital parameters such as heart rate and accelerometer data. In rare biomarker specimen collection, the rare disease-causing microorganisms are identified by evaluating blood and other parts of body.These samples are stabilized by using isolation kits, reagents, and other equipment for further study. Molecular biomarkers, cellular biomarkers, and imaging biomarkers are the three different types of biomarkers.
However, a biomarker can lessen the burden of the clinical trial process by providing information about the safety and efficacy of treatments before the collection of definitive clinical data, which provides the opportunity for mid‐course re‐appraisal, and even interruption if the intervention being investigated is revealed as potentially harmful to participants.
The key factors that drive the growth of market are rise in prevalence of chronic & genetic diseases, increase in incidence of rare diseases such as cystic fibrosis, muscular dystrophy, & spina bifida; and rise in geriatric population. For instance, in May, 2022 Illumina, Inc. a global leader in DNA sequencing and array-based technologies, announced the addition of a companion diagnostic (CDx) indication to its CE-marked in vitro diagnostic TruSight Oncology (TSO) Comprehensive (EU) test. This single test kit, launched across Europe, assesses multiple tumor genes and biomarkers to reveal the specific molecular profile of a patient's cancer.
Moreover, increased R&D activities for the launch of approved novel drugs on rare diseases, favorable government reimbursement policies for rare biomarkers, surge in investment in the modern healthcare facility sector, and rise in demand for accurate chronic disease diagnosis are anticipated to fuel the market growth.
However, stringent government regulations and high cost associated with the development of rare biomarkers specimen and standardization hamper the market growth. Conversely, emerging healthcare market in developing countries, increase in applications of rare biomarker specimens in pharmacogenomics, and surge in the risk of pandemic & rare genetic diseases are expected to provide lucrative opportunity for the growth of market during the forecast period.
The rare biomarkers specimen collection and stabilization market is segmented on the basis of type, product, application, and region. By type, the market is categorized into circulating cell free DNA, circulating tumor cells, and exosomes vesicles. By product, the market is classified into isolation kits & reagents, blood collection tubes, and systems. By application, the market is fragmented into NIPT, oncology, transcriptomics, pharmacogenomics, transplant rejection, population screening, cardiovascular diseases, and other. By application, the oncology segment is further sub-classified into research and diagnostics.Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
North America accounted for a majority of the rare biomarker’s specimen collection and stabilization market share in 2021 and is anticipated to remain dominant during the forecast period. The rare biomarkers specimen collection and stabilization market is mainly driven by rise in prevalence of chronic & genetic diseases, increase in the healthcare expenditure, surge in number of approved rare biomarker isolation kits for both clinical and research use are anticipated to increase the usage of liquid biopsy and assisted reproductive technology space in the region which propels the growth of the market.
Asia-Pacific was the second largest contributor to the market in 2021, and is expected to register the fastest CAGR during the forecast period. This is due to the presence of high unmet medical needs and constantly improving healthcare infrastructure to cure chronic disorders. In addition, rise in investment for exploring the utility of circulating tumor cells (CTCs) in diagnosis, prognosis, and treatment monitoring have provided lucrative growth opportunities to players, which is further expected contribute to the growth of the market.
The key players that operate in the rare biomarkers specimen collection and stabilization market are Agilent Technologies, Bio-Rad Laboratories inc., Charles River Laboratories Inc, F. Hoffman La Roche AG, Merck KGaA, Miltenyi Biotec, Perkin Elmer, Qiagen, Thermofisher Scientific Inc and Siemens AG.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the rare biomarkers specimen collection and stabilization market analysis from 2021 to 2031 to identify the prevailing rare biomarkers specimen collection and stabilization market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the rare biomarkers specimen collection and stabilization market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global rare biomarkers specimen collection and stabilization market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Circulating Cell Free DNA (ccfDNA)
Circulating Tumor Cells (CTCs)
Exosomes Vesicles
By Product
Isolation Kits and Reagent
Blood Collection Tubes
Systems
By Application
Transcriptomics
Pharmacogenomics
Transplant Rejection
Population Screening
Others
Oncology
Type
Research
Diagnostics
Cardiovascular Diseases
NIPT
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest Of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest Of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
Agilent Technologies Inc
F Hoffman La Roche
Merck Kgaa
Bio Rad Laboratories
Thermofischer Scientific Inc
Qiagen
Perkin Elmer
Charles River Laboratories International, Inc.
Siemens Healthineers
Eurofins Scientific, Inc.
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