Favorable research funding scenario, increasing demand for next-generation sequencing technique in cancer profiling and use of biomarkers in cancer profiling

VANCOUVER, BC, CANADA, December 13, 2021 /EINPresswire.com/ – The report on Cancer Tumor Profiling Market, samples and measures quality data on the overall business environment for the forecast period 2021-2027. The comprehensive data on the growing pockets of investment assessed in the Cancer Tumor Profiling Market report is powered and supported by human responses. Comprehensive coverage of aspects such as market potential, size, share, and growth aims to create an equation of profitability, which stakeholders, business owners and field marketers need to understand their presence and market dynamics, identify white spaces or increase their performance.

The growing demand for personalized medicine and the increasing incidence of cancer across the world are increasing the demand for the industry. According to the World Health Organization (WHO), lung and breast cancer is a common type of cancer, with around 2.09 million cases each year. The increasing demand for cancer tumor profiling is driving the market for the estimated period.

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The in-depth assessment of real-time data on the business environment provides a more specialized view of the threats and challenges businesses are likely to face in the years to come. In addition, the unique expertise of the researchers behind the study in strategic growth consulting enables product owners to identify important product definition, classification and application. Coverage of critical data on investment feasibility, return on investment, demand and supply, import and export, consumption volume and production capacity aims to support business owners in several growth phases, including initial stages, product development and prioritization of potential geography.

Featured Companies in Global Cancer Tumor Profiling Market:

Caris Life Sciences, Foundation Medicine, GenomeDX, Genomic Health, Guardant Health, Helomics Corporation, HTG Molecular Diagnostics, Inc., Nanostring Technologies, Neogenomics Inc., Oxford Gene Technology, Qiagen NV, Ribomed Biotechnologies Inc., among others.

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Other highlights

The genomics segment was valued at 2.76 billion in 2019, due to increased funding to research institutes for the development of modified medicine, which is expected to increase demand for the genomics industry. The use of genomics technology by various companies for cancer tumor profiling is expected to increase the overall demand of the genomics industry for the coming forecast period.

Asia-Pacific countries such as China, India and Japan have seen a striking increase in cancer tumor profiling. Developing economies, including India, Singapore and Korea, are expected to increase global demand.

The detailed regional analysis covers:

North America (United States, Canada)

Europe (UK, Italy, Germany, France, rest of EU)

Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)

Latin America (Chile, Brazil, Argentina, rest of Latin America)

Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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Emergen Research has segmented the cancer tumor profiling market on the basis of type of technique, technology, application, and region:

Type of technique Outlook (Revenue, Billions USD; 2017-2027)

Genomics

Epigenetics

Metabolomics

Proteomics

Technology Outlook (Revenue, USD Billion; 2017-2027)

Immunoassays

In situ hybridization

Fluorescent In Situ Hybridization (FISH)

Chromogenic in situ hybridization (CISH)

Microarray

Polymerase chain reaction (PCR)

Sequencing technologies

Next Generation Sequencing (NGS)

Pyrotechnic sequencing

Sanger sequencing

Other technologies

Application Outlook (Revenue, USD Billion; 2017-2027)

Search request

Discovery of biomarkers

Personalized cancer medicine

A clinical application

Oncological diagnosis

Prognosis

Monitoring and treatment

Screening

Key Features of Cancer Tumor Profiling Market Report:

The report provides details of key drivers, restraints, opportunities, challenges, growth prospects, limitations and threats

The report includes details of key companies, product portfolio along with specifications, production assessment and market share.

Assessment of major current and emerging market trends and growth prospects

It also offers research-based estimates for the eight-year forecast period, primarily for estimating the potential growth of the market.

Brief industry overview with regards to research and development, technological advancements and product development

Thorough assessment of upstream commodities, downstream buyers, demands and current market scenario

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Emerging research
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