Brain Biomarkers Market Report Overview
The research draws upon predictions from prominent organizations and market statistics. Within the Brain Biomarkers Market research, there's an intricate examination at global, regional, and country levels, accompanied by a competitive outlook throughout the forecast timeframe and evaluations of individual company worth. The Brain Biomarkers market report comprehensively addresses growth factors, existing market shares, technological advancements, applications, and the extent of regional presence, all projected until 2030.
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Brain Biomarkers Market Value
Brain Biomarkers Market size was valued at US$ 7.76 Bn in 2022 and the total revenue is expected to grow at CAGR 12.9% through 2023 to 2029, reaching nearly US$ 18.16 Bn
Brain Biomarkers Market Report Extent and Research Approach
The report concerning the Brain Biomarkers market presents both qualitative and quantitative analyses of market development factors, constraints, opportunities, and challenges within the global market landscape. The Brain Biomarkers market research was executed by segmenting the market into primary categories, further divided into various sub-segments. The report provides an analysis of the market on a regional basis, encompassing dynamics and the size of the Brain Biomarkers market.
The research conducted by MMR in the Brain Biomarkers industry integrates primary and secondary research methods, lending authenticity to the report. Employing a bottom-up approach, the estimation of both global and regional Brain Biomarkers market sizes was undertaken. MMR's report emerges from a comprehensive study that utilized a range of methodologies including PESTLE, PORTER, and SWOT analyses. These models were employed to illuminate the vital financial considerations that Brain Biomarkers market players should prioritize when formulating marketing strategies for both consumer and industrial markets.
Brain Biomarkers Regional Market Analysis
The Brain Biomarkers market report encompasses an examination of various regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The research delves into the primary geographic landscape, offering analyses of segments and sub-segments within the report. The current status of each regional market is detailed within the report, encompassing aspects like market size, share, and volume.
Dynamics of the Brain Biomarkers Market:
The market for brain biologicals is expanding due to the rising incidence of various brain diseases. The increase in neurological diseases such epilepsy, dementia, Alzheimer's disease, migraines, and brain tumours is responsible for the market's expansion. It is anticipated that an increase in Alzheimer's cases among senior citizens will drive market expansion. The WHO estimates that 50 million individuals worldwide suffer from dementia, and 10 million new cases are reported every day.
Brain Biomarkers Market Divisibility :
The Brain Biomarkers Market is divided into the Genomic, Proteomic, Metabolomics, Imaging, and Others segments based on the product type. In 2022, the brain biomarkers market was dominated by the proteomic category, which held a 37% market share. In 2022, the genomic segment is expected to be the second largest. The development of individualised treatments and diagnostics based on a person's unique genetic variants and illness propensity is made possible by genomic biomarkers. Whole-genome sequencing, gene expression profiling using Single Nucleotide Polymorphisms (SNPs), and comparative genomic hybridization (CGH) are the methods used to identify and investigate the presence of genomic biomarkers for disease.
The brain biomarkers market is divided into four segments based on the application: multiple sclerosis, autism spectrum disorders, Parkinson's disease, and Alzheimer's disease. In 2022, the application sector related to Alzheimer's illness had the biggest market share.Throughout the projection period, this segment is anticipated to increase at a CAGR of 13.2%. The availability of products for clinical application, such as imaging biomarkers—such as amyloid PET tracers for diagnosis—is the reason for this growth. Over the course of the projection period, the Parkinson's disease application category is anticipated to rise at a higher CAGR of 13.2%. due to the rising incidence of neurological disorders and the amount of research trials being conducted to find treatments for the condition.
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Brain Biomarkers Market Key Comapnies
1. Abbott Laboratories
2. Thermo Fisher Scientific, Inc.
3. Bio-Rad Laboratories, Inc.
4. Merck & Co., Inc.
5. Johnson & Johnson Services, Inc.
6. Banyan Biomarkers, Inc.
7. Myriad Genetics, Inc.
8. DiaGenic ASA
9. Quanterix
10. Merck KGaA
11. Enzo Biochem, Inc.
12. Charles River Laboratories International,
13. Eurofins Scientific (Luxembourg).
Table of content for the Brain Biomarkers Market includes:
Part 01: Executive Summary
Part 02: Scope of the Brain Biomarkers Market Report
Part 03: Global Brain Biomarkers Market Landscape
Part 04: Global Brain Biomarkers Market Sizing
Part 05: Global Brain Biomarkers Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Questions answered in the Brain Biomarkers Market Report are:
- What is Brain Biomarkers?
- What is the expected CAGR of the Brain Biomarkers market during the forecast period?
- Which factor is expected to create growth opportunities for the Brain Biomarkers Market?
- What factors are affecting the Brain Biomarkers market growth?
- Which region held the largest share of the global Brain Biomarkers market?
- What key trends are expected to emerge in the Brain Biomarkers market during the forecast?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their sub-segments
- Competitive Landscape - Leading key players and other prominent key players.
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