How is COVID-19 Impacting on the Global Next Generation Cancer Diagnostics Industry?

The Infinium Global Research analyzes the Next Generation Cancer Diagnostics Market over the period of 2020 to 2026. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global next generation cancer diagnostics market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of next generation cancer diagnostics. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the next generation cancer diagnostics market during the period.

“We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026.”  The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/22182

Increasing Number of Research Projects on Oncology Because of the Increasing Prevalence of Oncological Disorders Across the World is One of the Major Factors Pouring the Growth of the Market

The increasing number of research projects on oncology because of the increasing prevalence of oncological disorders across the world is one of the major factors pouring the growth of the market. Government measures taken by developed and developing nations to upsurge the number of research projects in accordance with oncology and preventative diagnosis are projected to boost the next generation cancer diagnostics market over the forecast years. Furthermore, the increasing demand for personalized medicine coupled with the growing deployment of tumour diagnostics in CTC analysis is further driving the market growth.

Additionally, government initiatives in the improvement of advanced techniques for cancer diagnostics are positively impacting market growth. The mounting development of advanced next generation cancer diagnostic technologies is anticipated to cater to the growing number of cancer patients across the world. On the other hand, the inadequate reimbursement policies for innovative technologies and the strict regulatory procedures and guidelines followed by the government are other factors hindering the global next generation cancer diagnostics market.

North America Region is Expected to Hold the Largest Share in the Global Next Generation Cancer Diagnostics Market

Among the geographies, North America region is expected to hold the largest share in the global next generation cancer diagnostics market owing to the availability of a technologically advanced health care research framework. Further, factors such as healthy R&D investments, personalized medicine, development of next-generation sequencing, and favorable government initiatives such as the “80% by 2018” movement for colon cancer detection have accelerated the growth of the next generation cancer diagnostics market in the North American region. Furthermore, the Asia Pacific region is anticipated to showcase the fastest growth in next generation cancer diagnostics market during the forecast period. The economic development in the region, significantly large untapped market base and development of health care infrastructure are the factors driving the growth of the market.

Next Generation Cancer Diagnostics Market: Segmentation

The report on the global next generation cancer diagnostics market covers segments such as technology, application, cancer type, and function. On the basis of technology, the sub-markets include GPCR and multiplexing, benchtop sequencers, lab-on-a-chip, next generation sequencing, protein microarrays, DNA microarrays, and other. On the basis of application, the sub-markets include biomarker development, proteomic analysis, CTC analysis, genetic analysis, and epigenetic analysis. On the basis of cancer type, the sub-markets include lung cancer, colorectal cancer, breast cancer, prostate cancer, and others. On the basis of function, the sub-markets include cancer screening, therapeutic monitoring, prognosis diagnostics, risk analysis, and companion diagnostics.

Next Generation Cancer Diagnostics Market: Competitive Landscape

The report provides profiles of the companies in the market such as Cepheid, Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd, Qiagen, Novartis AG, Abbott Laboratories, Thermo Fisher Scientific, Inc., Opko Health, Inc., Myriad Genetics, Inc., and Agilent Technologies.

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