Asia-pacific Companion Diagnostics Market 2022-2028
MARKET OUTLOOK
Triton’s research report suggests that the Asia-Pacific companion diagnostics market is anticipated to showcase a CAGR of 13.10% during the forecasted years 2022-2028. China, India, Australia & New Zealand, Japan, ASEAN countries, South Korea, and Rest of Asia-Pacific are considered in the region.
India is considered a major emerging genomics market, with oncologists accepting biomarker-based tests. The rising middle-class healthcare facilities and skilled practitioners have driven the expansion of clinical diagnostics in the country. Besides this, government hospitals like AIIMS and NIMHANS are striving to identify new disease genes and biomarkers. Therefore, these factors are expected to fuel the development of the companion diagnostics market across India over the forecast period.
In South Korea, the public healthcare system is offered to all citizens through the National Health Insurance Corporation under the Ministry of Health and Wellness. As per WHO, the Ministry is in charge of policies and supervision of the healthcare systems. In this regard, the Health Insurance Review Agency reviews medical charges, evaluating the overall healthcare system. The overall development of the healthcare system supports the demand for companion diagnostics tests, driving the South Korean market’s growth.
COMPETITIVE OUTLOOK
The leading companies in the companion diagnostics market include Almac Group, Biocartis, Abbott Laboratories, Arup Laboratories, GE Healthcare, and Qiagen.
- 1. Asia-pacific Companion Diagnostics Market - Summary
- 2. Industry Outlook
- 2.1. Impact Of Covid-19 On The Companion Diagnostics Market
- 2.2. Key Insights
- 2.2.1. Commercial Success Of Precision Medicine Treatment
- 2.2.2. Adoption Of Predictive Biomarkers
- 2.2.3. Fusion Of Computer Science And Biology
- 2.3. Porter’s Five Forces Analysis
- 2.3.1. Threat Of New Entrants
- 2.3.2. Threat Of Substitutes
- 2.3.3. Bargaining Power Of Buyers
- 2.3.4. Bargaining Power Of Suppliers
- 2.3.5. Threat Of Competitive Rivalry
- 2.4. Key Buying Impact Analysis
- 2.4.1. Cost
- 2.4.2. Availability
- 2.4.3. Sensitivity & Specificity
- 2.4.4. Efficacy
- 2.5. Market Attractiveness Index
- 2.6. Vendor Scorecard
- 2.7. Industry Components
- 2.8. Regulatory Framework
- 2.9. Key Market Strategies
- 2.9.1. Acquisitions
- 2.9.2. Product Launches
- 2.9.3. Contracts & Agreements
- 2.10. Market Drivers
- 2.10.1. Increase In Incidence Of Medication Reactions
- 2.10.2. Increasing Prevalence Of Cancer Cases And Fatalities
- 2.10.3. Rising Prevalence Of Precision Medicines
- 2.11. Market Challenges
- 2.11.1. Weak Reimbursement Framework
- 2.11.2. Common Cases Of Leakage In Oncology Companion Diagnostics
- 2.12. Market Opportunity
- 2.12.1. Ongoing Research And Investments In Next Generation Gene-sequencing
- 3. Asia-pacific Companion Diagnostics Market Outlook - By Mechanism
- 3.1. In-situ Hybridization
- 3.2. Polymerase Chain Reaction
- 3.3. Immunohistochemistry
- 3.4. Next Generation Sequencing
- 3.5. Other Mechanisms
- 4. Asia-pacific Companion Diagnostics Market Outlook - By Indicator
- 4.1. Oncology
- 4.2. Neurology
- 4.3. Infectious Diseases
- 4.4. Other Indicators
- 5. Asia-pacific Companion Diagnostics Market Outlook - By Consumer
- 5.1. Pharmaceutical And Biopharmaceutical Companies
- 5.2. Reference Laboratories
- 5.3. Other Consumers
- 6. Asia-pacific Companion Diagnostics Market Outlook - By Commodity
- 6.1. Assay Kits And Reagents
- 6.2. Software And Services
- 7. Asia-pacific Companion Diagnostics Market - Country Outlook
- 7.1. China
- 7.2. Japan
- 7.3. India
- 7.4. South Korea
- 7.5. Asean Countries
- 7.6. Australia & New Zealand
- 7.7. Rest Of Asia-pacific
- 8. Competitive Landscape
- 8.1. Abbott Laboratories
- 8.2. Almac Group
- 8.3. Arup Laboratories
- 8.4. Biocartis
- 8.5. Biomerieux
- 8.6. Danaher Corporation
- 8.7. Ge Healthcare
- 8.8. Genomic Health
- 8.9. Illumina Inc
- 8.10. Myriad Genetics
- 8.11. Qiagen
- 8.12. Roche Diagnostics
- 8.13. Sysmex Corporation
- 8.14. Thermo Fisher Scientific
- 8.15. Agilent
- 9. Research Methodology & Scope
- 9.1. Research Scope & Deliverables
- 9.2. Sources Of Data
- 9.3. Research Methodology
- List Of Tables
- Table 1: Asia-pacific Companion Diagnostics Market, Country Outlook, 2022-2028 (In $ Million)
- Table 2: Vendor Scorecard
- Table 3: List Of Acquisitions
- Table 4: List Of Product Launches
- Table 5: List Of Contracts & Agreements
- Table 6: Number Of Cancer Patients In 2020
- Table 7: Asia-pacific Companion Diagnostics Market, Outlook By Mechanism, 2022-2028 (In $ Million)
- Table 8: Asia-pacific Companion Diagnostics Market, Outlook By Indicator, 2022-2028 (In $ Million)
- Table 9: Asia-pacific Companion Diagnostics Market, Outlook By Consumer, 2022-2028 (In $ Million)
- Table 10: Asia-pacific Companion Diagnostics Market, Outlook By Commodity, 2022-2028 (In $ Million)
- Table 11: Asia-pacific Companion Diagnostics Market, Country Outlook, 2022-2028 (In $ Million)
- List Of Figures
- Figure 1: Market Attractiveness Index
- Figure 2: Industry Components
- Figure 3: Fda Framework
- Figure 4: Cdx Leakage Points
- Figure 5: Asia-pacific Companion Diagnostics Market, Outlook By Mechanism, 2021 & 2028 (In %)
- Figure 6: Asia-pacific Companion Diagnostics Market, By In-situ Hybridization, 2022-2028 (In $ Million)
- Figure 7: Asia-pacific Companion Diagnostics Market, By Polymerase Chain Reaction, 2022-2028 (In $ Million)
- Figure 8: Asia-pacific Companion Diagnostics Market, By Immunohistochemistry, 2022-2028 (In $ Million)
- Figure 9: Asia-pacific Companion Diagnostics Market, By Next Generation Sequencing, 2022-2028 (In $ Million)
- Figure 10: Asia-pacific Companion Diagnostics Market, By Other Mechanisms, 2022-2028 (In $ Million)
- Figure 11: Asia-pacific Companion Diagnostics Market, Outlook By Indicator, 2021 & 2028 (In %)
- Figure 12: Asia-pacific Companion Diagnostics Market, By Oncology, 2022-2028 (In $ Million)
- Figure 13: Asia-pacific Companion Diagnostics Market, By Neurology, 2022-2028 (In $ Million)
- Figure 14: Asia-pacific Companion Diagnostics Market, By Infectious Diseases, 2022-2028 (In $ Million)
- Figure 15: Asia-pacific Companion Diagnostics Market, By Other Indicators, 2022-2028 (In $ Million)
- Figure 16: Asia-pacific Companion Diagnostics Market, Outlook By Consumer, 2021 & 2028 (In %)
- Figure 17: Asia-pacific Companion Diagnostics Market, By Pharmaceutical And Biopharmaceutical Companies, 2022-2028 (In $ Million)
- Figure 18: Asia-pacific Companion Diagnostics Market, By Reference Laboratories, 2022-2028 (In $ Million)
- Figure 19: Asia-pacific Companion Diagnostics Market, By Other Consumers, 2022-2028 (In $ Million)
- Figure 20: Asia-pacific Companion Diagnostics Market, Outlook By Commodity, 2021 & 2028 (In %)
- Figure 21: Asia-pacific Companion Diagnostics Market, By Assay Kits And Reagents, 2022-2028 (In $ Million)
- Figure 22: Asia-pacific Companion Diagnostics Market, By Software And Services, 2022-2028 (In $ Million)
- Figure 23: Asia-pacific Companion Diagnostics Market, Country Outlook, 2021 & 2028 (In %)
- Figure 24: China Companion Diagnostics Market 2022-2028 (In $ Million)
- Figure 25: Japan Companion Diagnostics Market 2022-2028 (In $ Million)
- Figure 26: India Companion Diagnostics Market 2022-2028 (In $ Million)
- Figure 27: South Korea Companion Diagnostics Market 2022-2028 (In $ Million)
- Figure 28: Asean Countries Companion Diagnostics Market 2022-2028 (In $ Million)
- Figure 29: Australia & New Zealand Companion Diagnostics Market 2022-2028 (In $ Million)
- Figure 30: Rest Of Asia-pacific Companion Diagnostics Market 2022-2028 (In $ Million)
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook