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A companion diagnostic is a medical device, often an in vitro device, which provides information that is essential for the safe and effective use of a corresponding drug or biological product. The majority of companion diagnostics are for oncology treatment. The global companion diagnostics market is anticipated to reach valuation of ~USD 9,659 million by 2028, representing a CAGR of 13.2% from 2022 to 2028 as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global companion diagnostics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the companion diagnostics industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, solution, type, application, and region. The global market for companion diagnostics can be segmented by technology: immunohistochemistry (IHC), polymerase chain reaction (PCR), in situ hybridization (ISH), next-generation sequencing (NGS), others. The NGS segment held the largest revenue share in 2021. Companion diagnostics market is further segmented by solution: consumables, instruments. Based on type, the companion diagnostics market is segmented into: commercial CDx, lab-developed tests (LDTs) CDx. On the basis of application, the companion diagnostics market also can be divided into: oncology, non-oncology, others. According to the research, the oncology segment had the largest share in the global companion diagnostics market. Companion diagnostics market by region is categorized into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By technology:
- immunohistochemistry (IHC)
- polymerase chain reaction (PCR)
- in situ hybridization (ISH)
- next-generation sequencing (NGS)
- others
By solution:
- consumables
- instruments
By type:
- commercial CDx
- lab-developed tests (LDTs) CDx
By application:
- oncology
- non-oncology
- others
By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)
The oncology market is further segmented into lung cancer, breast cancer, colorectal cancer, leukemia, melanoma, gastric cancer, others.
The market research report covers the analysis of key stake holders of the global companion diagnostics market. Some of the leading players profiled in the report include Abbott Laboratories, Inc., Agilent Technologies, Inc., Almac Group Ltd., ARUP Laboratories, Inc., bioMerieux SA, Danaher Corporation, F. Hoffmann-La Roche Ltd., Guardant Health, Inc., ICON plc, Illumina, Inc., Invivoscribe Technologies, Inc., Laboratory Corporation of America Holdings (Labcorp), Luminex Corporation, Myriad Genetics, Inc., NG Biotech, SAS, Novogene Co., Ltd., Qiagen N.V., Quest Diagnostics Incorporated, Siemens Healthineers AG, Sysmex Corporation, Thermo Fisher Scientific, Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
- To analyze and forecast the market size of the global companion diagnostics market.
- To classify and forecast the global companion diagnostics market based on technology, solution, type, application, region.
- To identify drivers and challenges for the global companion diagnostics market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global companion diagnostics market.
- To identify and analyze the profile of leading players operating in the global companion diagnostics market.
Why Choose This Report
- Gain a reliable outlook of the global companion diagnostics market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.