The North American region accounts for the largest market share of
the overall hospital tumor marker market followed by the European
region.This research report analyzes this market on the basis of its
market segments, major geographies, and current market trends
Cancer is considered
as the most significant cause of morbidity and mortality across the
world and early detection of the same is essential for the best
chance of prevention. Serum tumor markers are widely used in the
diagnosis of cancer, monitoring of treatment and evaluation of cancer
status. Tumor markers are the proteins that ideally confirm the
presence of malignancy. Tumor markers are the substances that can be
found in the body of cancer patients. Ideally, these substances would
be found in higher quantities than normal amounts in the blood of the
cancer patients compared to normal individuals. Each of these tumor
markers has special properties and a variable usefulness in the
diagnosis, screening, monitoring the reappearance of cancer,
prognosis and response to therapy.
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Most of the tumor
markers are found in blood, but some of them are also found in the
body fluid and urine. Among the various types of tumor markers, some
of them are linked to only one type of cancer, while others can be
found in various types of cancers. Different types of tumor markers
that are found in the blood and urine include alpha-fetoprotein
(AFP), beta-2-microglobulin (B2M), bladder tumor antigen (BTA),
CA15-3, CA27.29, CA 125, CA 19-9, calcitonin, carcinoembryonic
antigen (CEA), chromogranin A, human chorionic gonadotropin (HCG),
immunoglobulins, inhibin, lactate dehydrogenase (LDH),
neuron-specific enolase (NSE), NMP22, prostate-specific antigen
(PSA), prostatic acid phosphatase (PAP) and soluble
mesothelin-related peptides (SMRP). Whereas, the tumor markers that
are found only in the cancer include anaplastic lymphoma kinase
(ALK), epidermal growth factor receptor (EGFR), HER2 (or HER2/neu,
erbB-2, or EGFR2), hormone receptors and BRAF. The common cancer
types for which these tumor markers are used for early detection and
diagnosis include testicular cancer, colorectal malignancy, prostate
cancer, ovarian cancer, breast cancer and liver cancer.
The primary
contributing factor for the growth of this market include rising
number of cancer cases worldwide. Additionally, technological
advancements, to identify the exact cause of cancer and increasing
tumor markers applications would also drive the market in coming
years. Moreover, rising demand for the cost effective, safer and
efficient treatments for various cancer types, increasing government
focus towards development of innovative diagnosis and treatment tools
for malignancy further anticipated to boost the market.
Geographically, the
North American region accounts for the largest market share of the
overall hospital tumor marker market followed by the European region.
The dominance of North America in this market is seen due to rapidly
aging population and presence of various market leaders, which allows
easy penetration in the North America region. In addition, rising
number of patients seeking tumor marker diagnosis in this region
would also anticipated to drive the market. The European hospital
tumor marker market follows the North America market due to extensive
government support for the development of innovative tools for cancer
diagnosis. Asia-Pacific region is expected to witness the fastest
growth rate in the near future due to rising population base and
increasing awareness about the cancer diagnosis and prevention.
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Some of the major
players operating in this market include Abbott Laboratories, Applied
Genetic Technologies Corporation, Becton, Dickinson and Company,
Biomedical Diagnostics, Bio-Rad Laboratories, Inc., Siemens
Healthcare, Targeted Diagnostics & Therapeutics, Epigenomics AG,
Panacea Pharmaceuticals, Mackay Life Sciences, Radient
Pharmaceuticals Corporation and F. Hoffmann-La Roche Ltd.
This research report
analyzes this market on the basis of its market segments, major
geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This report
provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a
complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the
coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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