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The global Clinical Trials Market is anticipated to augment at a flourishing CAGR of 4.41% over the forecast period from 2023 to 2033. The global market is expected to enjoy a valuation of US$ 115.4 Billion by the end of the year 2023 and reach a valuation of US$ 177.7 Billion by the year 2033. According to the historical analysis held by FMI, the global clinical trials market expanded at a CAGR of 4.10% from 2017 to 2022. As per the recent FMI study, the industry sponsors are predicted to lead the market with an exponential share of about 54.7% in the year 2023, within the global market.

Various state governments and private players are closely examining the economic benefits of novel treatments as healthcare expenditures. Since there is a surge in the proportion of GDP in every country, the growth of clinical trials is also anticipated to bolster globally. Furthermore, regulations are increasingly expecting clinical studies to show not only safety and efficacy but also a significant influence on patients’ lives. This is especially true for expensive, specialized therapies for smaller patient populations. In addition to that, the higher complexity of clinical study development and design is rising as a result of the regulators’ and payers’ increased expectations for the quality and amount of evidence produced during clinical trials.

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It has been estimated that about 30% of all studies were based on clinical trials for various cancer additions. It also happens to be the therapeutic area with the most drug launches. Few of the top industry clinical trial sponsors dedicated a sizeable amount of their research and development budget to the cancer medicine portfolio. In addition to that, several new businesses presently employ predictive analytics tools including artificial intelligence and machine learning, to build models and inform choices.

Key Takeaways

• Clinical trial sponsors have been recently outsourcing the clinical trials business to various countries such as China, India, Russia, and Brazil for the past few years. Irrespective of the fact that a third of the global clinical trials market is registered in the United States.
• The emerging economies are favorable as they offer a substantial patient pool, an established healthcare system in urban areas, and an abundance of qualified clinical staff for coordinating clinical trials.
• Governments in various nations also offer incentives for clinical trial sponsors to conduct these trials overseas, because they are typically shorter and thus more affordable. Offshoring clinical trials have been hampered by a number of ethical concerns identified concerning clinical trials in developing countries.
• With a strong pipeline of therapeutic molecules paving the path, new pharmaceutical and biotechnology businesses are continuing to have an impact on the clinical trials market. In addition to that, several drugs without prior marketing clearance are a bigger priority for major companies like Johnson & Johnson and GlaxoSmithKline, among others.
• Non-small cell lung cancer (NSCLC) and breast cancer were primarily targeted for clinical development among the numerous oncology indications. However, the oncology market clinical trials are progressively getting more complicated based on patient recruitment, clinical trial design elements like outcomes, and more stringent eligibility requirements, among other things.
• Predictive analytical techniques have proven to be effective in clinical trial design in order to discover patient features. They are more inclined to respond to a specific therapeutic regimen, hence raising the success rates and lowering the risk too big, multi-center clinical studies. This is because clinical trial investigators presently have access to a wide range of health data.

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Competitive Landscape

Key players in the global clinical trials market are increasing activities related to contract research and contract manufacturing of novel biopharmaceuticals, as well as the growing expansion of key players into emerging economies of India and China are the key drivers within the overall market.

Rapid enhancements in the fields of depersonalized and genomic medicine are anticipated to drive market growth. Additionally, the propensity to adopt software including Laboratory Information Management for laboratory sample tests has also been accelerating market expansion.

More Insights into the Clinical Trials Market

The North American market is anticipated to dominate the global clinical trials market. The U.S. is estimated to share about 47.8% of revenue in 2023 and is expected to continue to experience the same growth throughout the forecast period.

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Key Players:

• Johnson & Johnson,
• AstraZeneca,
• Merck & Co.,
• Roche
• Bristol-Myers Squibb

Key Market Segments Covered in Clinical Trials Industry Research

Sponsor:

• Industry
• Government Organizations
• Non-Government Organizations
• Others
• Associations

Area:

• Oncology
• Infectious Diseases
• Metabolic Diseases
• Cardiovascular Diseases
• Neuroscience
• Respiratory Diseases
• Others

Phase:

• Phase 1
• Phase 2
• Phase 3
• Phase 4

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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From 2022 to 2029, the Deflectable Catheters Market is anticipated to grow at a CAGR of 3.9%. Sales of deflectable catheters are currently valued at US$ 1.8 billion, and by 2029, the market is expected to be worth US$ 2.4 billion. The deflectable catheters market report also projects a significant growth potential in the market with a CAGR of 3.9% during the forecast period.

Companies Eyeing Untapped Opportunities in Cost-sensitive Regional Markets

The current adoption pattern among healthcare professionals favour the use of reposable medical devices, a trend that is most certainly observed in developing countries, to complement the cost factor and availability. In contrast, most of the deflectable catheters used are one-time use products. Factors like blood, debris prevent using reposable deflectable catheters in operations as critical as electrophysiology.

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The usage of reposable deflectable catheters is significantly higher in developing economies with inadequate resources, where the cost of treatment can be significantly high, which is unfavourable for patients from poor backgrounds. The present cost structure with the use of reposable deflectable catheters makes it feasible for a sizeable population to opt for low-cost treatment options, which help boost the adoption rate, and thereby expand the consumer pool.

At present, there are only a few companies offering reposable deflectable catheters, and none of the major players are into developing reposable devices. As per the report, a comparatively smaller company, CathRx, has a similar reposable product, Khelix, which is considered to be the first ‘reposable’ diagnostic and therapeutic catheter for the treatment of cardiac arrhythmias.

Acquisitions & Collaborations Playing Decisive Role in Shaping Deflectable Catheters Market Structure

The affective adjustments and development observed in the parent market influences the deflectable catheters market. The recent trend of involving digital methods for diagnosing cardiac problems is also changing the treatment pattern. All these trends are more governed by the top market leaders in the cardiology market. With abundant resources and investment plans, they manipulate the industry in a way in which no other smaller or regional manufacturer is capable of keeping pace with them.

The trend of acquisition and forming a strategic partnership is positive delivering financial results. For example, Abbott’s acquisition of St. Jude Medical resulted in the consolidation of the 2nd and 4th largest cardiology market players. Moreover, the acquisition of specific treatment technologies has also been observed in the deflectable catheter market, and there has been an increase in the number of players expanding their product portfolio for the treatment of atrial fibrillation/atrial flutter.

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Deflectable Catheters Market: Segmental Analysis

On the basis of product type, the deflectable catheters market has been segmented into uni-directional deflectable catheters, bi-directional deflectable catheters, and multi-directional deflectable catheters. Bi-directional deflectable catheters lead the market due to their high adoption rate and availability.

Based on application, the deflectable catheters market has been segmented into coronary interventions, electrophysiology, diagnostics imaging, and peripheral interventions. In terms of revenue, the electrophysiology segment is expected to have a major share in the deflectable catheters market due to an increase in the number of procedures being carried out by deflectable catheters.

On the basis of end user, the deflectable catheters market has been categorised into hospitals, office-based clinics, ambulatory surgical centres, and independent catheterisation labs. Independent catheterisation labs are expected to witness significant growth, which is driven by an increase in the number of the same.

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Some of the key players in the deflectable catheters market include Medtronic Plc, Merit Medical Systems, JOHNSON & JOHNSON, Teleflex Incorporated, Boston Scientific Corporation, Biomerics LLC, OSYPKA AG, Abbott, Japan Lifeline Co., CathRx Ltd., and Biotronik SE & Co. KG.

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  • Detailed insights of market segments and sub-segments for historical as well as forecast period
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 08-years.

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In 2022, the Mucopolysaccharidosis (MPS) Treatment Market is anticipated to be worth roughly US$2.38 billion. The total market is anticipated to develop at a strong CAGR of 5.9% between 2022 and 2029, reaching a valuation of US$ 3.37 Billion by 2029 due to the rising prevalence of mucopolysaccharidosis (MSP) globally.

According to research, the mucopolysaccharidosis treatment is still emerging, and different geographies have implemented standard treatment options for the condition. However, there is no universally accepted treatment pattern for mucopolysaccharidosis. Mucopolysaccharidosis falls under rare diseases, which is a complex, diverse, constantly evolving field, and there is a significant shortage of medical and scientific data related to it. Mucopolysaccharidosis treatment and diagnosis involves complex managing requirements, which include long-term care, rehabilitation support, and a continuous treatment plan.

A market study presented by FMI ‘Mucopolysaccharidosis Treatment Market Trend: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029,’ explains the significant factors influencing the current market structure.

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Research Activities Uplift Stem Cell Therapy Application in MPS Treatment

In the present scenario, the drugs that are considered for mucopolysaccharidosis treatment, such as aldurazyme, naglazyme, vimizim, elaprase, mepsevii and hunterase, are the only regulated and recommended drugs present in the market. These drugs fall under enzyme replacement therapies, however, with present research initiatives for stem cell therapies, the latter is considered a prominent mucopolysaccharidosis treatment. Clinical research shows that stem cell transplantation covers a large area that is not covered with the more frequently recommended practice of enzyme replacement therapies, which changes the current market structure for mucopolysaccharidosis treatment, prioritising the latter.

Stem cell therapy is a therapeutic option for mucopolysaccharidosis patients suffering from a severe phenotype, as research shows the method can preserve neurocognition or can even help break the progressive neurodegeneration. The method is provided with strict selection criteria, which is followed by maintained regulations. Research shows that stem cell therapy as a treatment option is gaining popularity among healthcare professionals for mucopolysaccharidosis treatment, which can be attributed to the relation of its better reach towards a normal health condition for the patient.

Enzyme Replacement Therapy Remains Lucrative for Market Investors

As per further assessments of the mucopolysaccharidosis treatment market, it has been difficult to collect epidemiological data pertaining to rare diseases, especially mucopolysaccharidosis treatment, which is likely to impede the actual estimation of the economic burden associated with the condition. The cost estimation for each mucopolysaccharidosis treatment type is affecting and, in turn, creating a more vulnerable situation for the businesses and disrupting research & development activities for each company.

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Enzyme replacement therapy is the most attractive segment for investors, however, the unavailability of reimbursement plans and precise treatment plans is encouraging most patient in developing regions to opt for symptomatic treatments instead of enzyme replacement therapy, which is still considered to be the standard mucopolysaccharidosis treatment.

Key Players Focus on Clinical Research of Treatment Models

The report segments the mucopolysaccharidosis treatment market into seven regions to elaborate on the regional trends pertaining to the treatment plan. Major players are focusing on increasing their market share in the Asia Pacific market through strategic collaborations with regional research institutes. There is a lack of awareness about rare diseases among the general public as well as in medical healthcare facilities in several emerging economies. According to a survey and industry report, it takes patients in the US an average of 7.6 years and patients in the UK an average of 5.6 years to actually receive a proper diagnosis. Moreover, it involves a team of healthcare professionals to actually get the right mucopolysaccharidosis treatment and diagnosis pattern for reported cases.

Manufacturers are in the process of introducing a considerable number of mucopolysaccharidosis treatment options, which are currently under clinical trials. An estimated 160 and above clinical trials are being performed for mucopolysaccharidosis treatment. Thus, ensuring that the manufacturers take this mucopolysaccharidosis treatment market to be lucrative and potential rich in terms of revenue. Medical research institutes play an important role in this particular market. They are expected to be the bridge between treatment plans and economical solutions for manufacturers, thus leaving an explicable and lucrative model for mucopolysaccharidosis treatment.

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The mucopolysaccharidosis treatment market includes companies such as BioMarin Takeda Pharmaceutical Company Limited, Sanofi S.A., and Ultragenyx Pharmaceutical Inc. BioMarin accounts for a significant value share in the present mucopolysaccharidosis treatment market. The currently existing promising drug types are expected to face competition from emerging candidates. In addition the mucopolysaccharidosis treatment products of other companies, such as Sangamo Therapeutics, Inc., REGENXBIO Inc., Sarepta Therapeutics, Abeona Therapeutics, Inc., and others, are also in the pipeline.

Mucopolysaccharidosis Treatment Marketby Category Treatment

• Enzyme Replacement Therapies
• Stem Cell Therapies
  • Bone Marrow Transplantation
  • Umbilical Cord Blood Transplantation

Type of MPS

• MPS I
• MPS II
• MPS IV A
• MPS VI
• MPS VII

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End User

• Hospital
• Specialty Clinics
• Medical Research Centers
• Home-infusion

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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According to Future Market Insights, the market is projected to rise at a steady growth valued at US$ 4.16 billion with a 6.81% CAGR until 2033, being valued at US$ 8.04 billion.

As per FMI, around 60–70% of people suffering from diabetes are projected to have diabetic neuropathy. As per the records of the International Diabetes Federation (IDF), in 2019, around 463 million adults (20-79 years) were living with diabetes, and by 2045 this will rise to 700 million. This rising pool of diabetic patients is leading to a surge in incidences of neuropathic pain worldwide, which will ultimately boost the growth of neuropathic pain management.

We continuously monitor and update reports considering unceasing political and economic uncertainty due to the Russia-Ukraine Conflict. Negative impacts are globally foreseen, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected people’s lives and livelihoods and represents far-reaching disruptions in trade dynamics.

The potential effects of ongoing war and uncertainty in Eastern Europe are expected to hurt Ukraine and reverberate harsh long-term effects on Russia. The report uncovers the implications for demand-supply balances, pressure on pricing variants, impact on import/export and trading, and short-term recommendations to the United States Nerve Entrapment Syndrome Therapeutics Market considering the current update on the conflict and its global responses.

The increasing launch of drugs for treating neural pain led to the growth of the market. For instance, in March 2020, Senzer Pharmaceuticals secured the Investigational New Drug application and data package for its ongoing FDA registration program from its former U.S. strategic partner for receiving approval for its cannabinoid respiratory device for treating the side effects induced by anti-cancer treatments, especially nausea, vomiting, and neuropathic pain.

North America is expecting positive growth for the neural pain treatment market throughout the forecasted period because of the presence of a large number of pain specialist physicians and the increasing number of approvals from the FDA.

Asia-Pacific dominates the market due to the increased advancement in technology as well as growing healthcare expenditure.

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Key Takeaways from the Market Study

• The global nerve entrapment syndrome therapeutics market grew at a CAGR of 5.86% from 2018 to 2022
• The U.S. held approximately 89.5% share in the global nerve entrapment syndrome therapeutics market whereas sales in the U.S. is expected to grow at a CAGR of 13.3%.
• China is said to hold a demand share of 37.6% in the East Asia nerve repair market.
• The hospital segment holds the highest market share at about 58.6%.
• As per the records of the International Diabetes Federation (IDF), in 2019, around 463 million adults (20-79 years) were living with diabetes, and by 2045 this will rise to 700 million

Competitive Landscape

Some of the prominent players in the global market for Nerve Entrapment Syndrome Therapeutics Market treatment are-

• Abbott Laboratories
• Assertio Therapeutics Inc.
• Astellas Pharma Inc.
• AstraZeneca Plc
• Aurobindo Pharma Ltd.
• Baxter International Inc.
• Biogen Inc.
• Bristol Myers Squibb Co.
• Reddy’s Laboratories Ltd
• Eli Lilly and Co.
• Endo International Plc

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Some of the important developments of the key players in the market are:

• In 2022, Daiichi Sankyo Company, Limited received approval in Japan to change the indication of the analgesic Tarlige Tablets (mirogabalin besilate) from peripheral neuropathic pain to neuropathic pain.
• In 2022, Integra LifeSciences Holding Corporation announced the launch of NeuraGen 3D Nerve Guide Matrix, a resorbable implant for the repair of peripheral nerve discontinuities.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global Nerve Entrapment Syndrome Therapeutics Market providing historical data for 2018-2022 and forecast statistics from 2023-2033.

To understand opportunities in Nerve Entrapment Syndrome treatment, the market is segmented based on major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), treatment (Pharmacological Therapies-Pain Relievers, Anti-seizure Medications, Antidepressants) and (Non-pharmacological Therapies- Transcutaneous Electrical Nerve Stimulation, Plasma Exchange, Others) and End User (Hospitals, Clinics, Research centers)

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Key Segments Profiled in the Respiratory Distress Syndrome Management Market Report

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

Treatment:

• Pharmacological Therapies
  • Pain Relievers
  • Anti-seizure Medications
  • Antidepressants
• Non-pharmacological Therapies
  • Transcutaneous Electrical Nerve Stimulation
  • Plasma Exchange
  • Others

End User:

• Hospitals
• Clinics
• Research centers

About FMI:

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The immunoassay market is expected to observe growth at a CAGR of 5% and is anticipated to touch a valuation of USD 45.78 bn by 2032, while it holds a revenue of USD 29.51 Bn in 2022

The dynamic shift from the last forecast period (2017-2021) to the current forecast period (2022-2032) is significant. The major factors that have shaped the growth dynamics are the advent of covid-19, the geriatric population, and rising awareness around health

With the environment changing and climate change-based diseases and viruses growing in the urban and rural areas, the demand for vaccines is on a rise. The immunoassay market survey explains that the tests of the effectiveness of these vaccines are conducted through immunoassays tests that include the strength of antibodies in the immune system, fueling the sales of immunoassay testing kits.

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Rising awareness, government research and development programs, and covid-19’s spread has collectively flourished the demand for the antibodies testing systems. Hence, it has expanded the immunoassay market share in the global market

This fueled the market’s growth prospects and brought opportunities for the new medical and healthcare market players to come up with the latest technology and integrate it with immunoassay technology. Furthermore, the breakdown of the third covid-19 wave has partially slowed down the growth of the market as the spread is at lower levels

Key Takeaways from Market Study

• The Immunoassay market is expected to increase with a market share of 35.0% in North America.
• Asia Pacific is expected to account for 30% market share during the assessment year.
• By product, reagents and kits accounted for 60% share of total revenue generated of the immunoassay market globally and is anticipated to hold the highest share by 2032, owing to the cost-effective products, fueling the overall sales of immunoassay testing instrument
• EIA/ELISA technology gains the highest traction in the market by technology with a market share of 60% and its growth owing to higher use of it in reducing the assay time for immunoelectrophoretic and immunodiffusion while providing accurate and quantitive results.

Immunoassay Market in North America is Constantly Evolving

The largest market share of 35% in 2022 is expected to hold the same position throughout the forecast period, according to the immunoassay market demand analysis. The rise in demand can be attributed to an increase in cancer incidence as well as the ease of access to technologically advanced diagnostic techniques. Outbreaks of infectious diseases are becoming more common in the region.

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“Immunoassay market analysis displays the higher growth prospects due to the higher awareness of the new viruses and diseases that demand for higher antibodies in the body. An immunoassay test gives you information about the antibodies present in the body for any specific virus or disease spread by it. Demand for immunoassay tests rises as the hospitals, clinics, and research and development centers established by the government are consuming the most from the market” says a Future Market Insights analyst.

Competitive Landscape

New market research report on immunoassay defines the market space as a younger space where there is a space for innovation and technology. The defining factors key players have been the ability to deliver effective and accurate results while making the product more logistics friendly and easy to use.

• Siemens Healthineers has introduced its latest and revised fully automated immunoassay platforms and a comprehensive and disease-specific chart in excess of 100 tests. This enhanced productivity and efficiency while delivering accurate and faster results.
• Biomerieux, with more than 26000 immunoassay systems globally has introduced its R7D programs that covers high medical value applications, increased automation and decentralized testing, flourishing the sales of immunoassay platforms.
• Abbott Laboratories focuses on chia technology and offers an automatic immunoassay analyzer named Abbott prism, delivers effectiveness and enhances productivity.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Immunoassay market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on Application (Food, Beverage, Pharmaceuticals, Other (Applications), Form (Natural Immunoassay, Synthetic Immunoassay), Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA)

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Immunoassay Market by Category

By Product, Immunoassay Market is segmented as:

• Reagents & Kits
• Analyzers/Instruments
  • Open-ended Systems
  • Closed-ended Systems
• Software & Services

By Technology, Immunoassay Market is segmented as:

• Radioimmunoassay (RIA)
• Enzyme Immunoassays (EIA)Rapid Test
  • Chemiluminescence Immunoassays (CLIA)
  • Fluorescence Immunoassays (FIA)
• Others

By End-use, Immunoassay Market is segmented as:

• Therapeutic Drug Monitoring
• Oncology
• Cardiology
• Endocrinology
• Infectious Disease Testing
• Autoimmune Diseases

By Application, Immunoassay Market is segmented as:

• Hospitals
• Blood Banks
• Clinical Laboratories
• Pharmaceutical and Biotech Companies
• Academic Research Centers
• Others

By Form, Immunoassay Market is segmented as:

• Natural Immunoassay
• Synthetic Immunoassay

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The Clinical Oncology Next-generation Sequencing Market is anticipated to reach US$ 449.4 Million in value by 2022. The total market is anticipated to grow at a remarkable CAGR of 16.3% between 2022 and 2029, reaching a valuation of US$ 1.14 Billion by 2029, due to the increasing implementation of next generation sequencing (NGS) in clinical oncology for advanced individualized therapy of cancer.

Next-generation sequencing refers to the identification of the nucleotides of DNA base pairs for the diagnosis of various diseases. Oncology is one of the important applications of next-generation sequencing. It is an advanced and faster method of sequencing. Clinical oncology next-generation sequencing includes kits & reagents, services, sequencing platforms, and sequencing products. The kits and reagents used for sequencing are expected to witness significant growth in the overall market.

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North America is expected to be a prominent region in the global clinical oncology next-generation sequencing market owing to the presence of well-developed healthcare infrastructure and numerous technological advancements in the region. North America and Europe are expected to witness a significant growth rate in the clinical oncology next-generation sequencing market.

Synthesis Sequencing Technology to Hold a Major Market Value Share

Based on the technology, the clinical oncology next-generation sequencing market has been segmented into pyro sequencing, sequencing by synthesis (SBS), and Single-Molecule Real-Time Sequencing (SMRT), nanopore sequencing, ligation sequencing, and reversible dye termination sequencing. Synthesis sequencing is however expected to hold a significant share in the clinical oncology next-generation sequencing market.

Ion semiconductor sequencing is a method of DNA sequencing in which hydrogen ions are detected based on the polymerisation of DNA. Pyro-sequencing includes identifying the order of nucleotides in DNA based on the “sequencing by synthesis” principle, in which the sequencing is performed with the help of DNA polymerase. SBS is a technique used to determine the series of base pairs in DNA, which also known as DNA is sequencing.

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There are various applications associated with clinical oncology next-generation treatment market. They include whole tumor genome sequencing, whole tumour exome sequencing, targeted tumour genome profiling, tumour transcriptome sequencing, tumour-normal comparisons, and other applications. Targeted tumor genome profiling is expected to hold a large share of the clinical oncology next-generation treatment market.

On the basis of end user, the clinical oncology next-generation sequencing market has been segmented into hospital laboratories, clinical research organisations, diagnostic laboratories, and others. Clinical research laboratories are expected to hold a large revenue share in the clinical oncology next-generation sequencing market.

Apart from the factors driving the clinical oncology next-generation sequencing market, there are few factors that are likely to hinder the overall growth of the clinical oncology next-generation sequencing market, such as high costs associated with the establishment of sequencing platforms, low quality of outsourcing services, and inadequate availability of sequencing platforms in some regional markets.

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On the other hand, increasing biomedical research using clinical oncology, increasing government funding for life science projects, substantial decline in the prices of sequencing, and technological advancements in the field of sequencing are some of the major factors driving the growth of the clinical oncology next-generation sequencing market.

Tier 1 Companies Hold Nearly 3/5th Share of Global Market Value

The report tracks some of the key companies operating in the clinical oncology next-generation sequencing market such as QIAGEN N.V., Thermo Fisher Scientific., Pacific Biosciences of California, Inc., F. Hoffmann-La Roche Ltd Oxford Nanopore Technologies, Ltd., Takara Bio, Inc., Illumina Inc., PerkinElmer Inc.and Agilent Technologies, Inc. Thermo Fischer Scientific, Oxford Nanopore Technologies Ltd., and Illumina are expected to hold a signficant share of the clinical oncology next-generation sequencing market. These first tier companies hold a share of approximately 60% in the clinical oncology next-generation sequencing market.

Clinical Oncology Next Generation Sequencing Market Taxonomy

The global clinical oncology next generation sequencing market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach in front of the reader.

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By Product

• Sequencing Platforms
  • Sequencing Products
  • Kits and Reagents
  • Services

By Technology

• Ion Semiconductor Sequencing
  • Pyro-Sequencing
  • Synthesis Sequencing (SBS)
  • Real Time Sequencing (SMRT)
  • Ligation Sequencing
  • Reversible Dye Termination Sequencing
  • Nano-Pore Sequencing

By Application

• Whole Tumor Genome Sequencing
• Whole Tumor Exome Sequencing
• Targeted Tumor Genome Profiling
• Tumor Transcriptome Sequencing
• Tumor-normal Comparisons
• Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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