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Global Companion Diagnostics Market 2019-2023; Dominated by Abbott, Agilent Technologies, F. Hoffmann-La Roche, QIAGEN, and Thermo Fisher Scientific - ResearchAndMarkets.com

January 28, 2019

DUBLIN--(BUSINESS WIRE)--Jan 28, 2019--The “Global Companion Diagnostics Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The companion diagnostics market will register a CAGR of almost 25% by 2023.

The growing importance for promotional activities to drive market growth

The companion diagnostics are not as frequently marketed like other test kits and devices that are available in the market due to its specificity, wherein it can be used only for a drug. Therefore, more emphasis must be provided toward improving distribution network and increasing the product availability to end-users. Online media and search engines are the primary sources for advertising, owing to the low return on investment and limited visibility of other media.

Rising use of personalized medicine

Personalized medicine is a multi-faceted method to patient care that not only improves capacity to diagnose and treat diseases but offers the potential to distinguish diseases at an earlier stage, which makes it easier for practitioners to treat effectively. With its specificity in treating particular disease based on an individual’s genetic characteristics, personalized medicine is gaining popularity.

Lack of manpower

Companion diagnostic tests are highly technical, and care must be taken at each step to facilitate a successful execution of these tests, to generate reproducible results. A major challenge in these scientific fields is the lack of technically skilled and trained staff.

Key Players

Abbott Agilent Technologies F. Hoffmann-La Roche QIAGEN Thermo Fisher Scientific

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

Comparison by end-user Life science - Market size and forecast 2018-2023 Health centers - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE

PART 12: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Abbott Agilent Technologies F. Hoffmann-La Roche QIAGEN Thermo Fisher Scientific

For more information about this report visit https://www.researchandmarkets.com/research/mv96s8/global_companion?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190128005523/en/

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Related Topics:Diagnostics,In Vitro Diagnostics

KEYWORD:

INDUSTRY KEYWORD: HEALTH OTHER HEALTH OTHER SCIENCE SCIENCE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/28/2019 11:49 AM/DISC: 01/28/2019 11:49 AM

http://www.businesswire.com/news/home/20190128005523/en

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