TechNavio today launched its report, Global Cancer Biomarkers Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”Over the years, personalized medicines have gained significant popularity because they enable the medical profession to provide customized treatment to patients. Personalized medicines are increasingly being used in targeted cancer therapies. As personalized medicines gain more importance and popularity, the demand for biomarkers is expected to increase. In the coming years, as personalized medicines become more popular, conventional approaches will automatically become obsolete.”
According to the report, over the years, the Global Cancer Biomarkers market has been experiencing an increase in support for biomarker research from various government agencies. For instance, the US Food and Drug Administration (FDA) and National Cancer Institute are taking an active interest in biomarker research because of the decreasing success rate in the discovery and development of oncology drugs. The FDA has been favoring the use of biomarkers in drug discovery research. It is expected that the FDA will provide simple and flexible regulatory norms and validation procedures for biomarkers in the coming years. This favorable regulatory environment for biomarkers is expected to have a strong impact on the growth of market during the forecast period.
Further, the report reveals that one of the key challenges is the existence of poor regulatory and reimbursement systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-cancer-biomarkers-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report – Global Cancer Biomarkers Market 2012-2016
