Global Biomarker Testing Services Market Size & Outlook
The biomarker testing services industry worldwide is expected to reach a projected revenue of US$ 599.8 million by 2030. A compound annual growth rate of 7% is expected of the worldwide biomarker testing services industry from 2022 to 2030.
Revenue, 2021 (US$M)
$325.5
Forecast, 2030 (US$M)
$599.8
CAGR, 2022 - 2030
7%
Report Coverage
Worldwide
Global biomarker testing services market, 2018-2030 (US$M)
Related Markets
Global biomarker testing services market highlights
- The global biomarker testing services market generated a revenue of USD 325.5 million in 2021 and is expected to reach USD 599.8 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 7% by 2030.
- In terms of segment, biomarker assay development & validation accounted for a revenue of USD 194.5 million in 2021.
- Flow cytometry is the most lucrative services segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 325.5 million |
| Market revenue in 2030 | USD 599.8 million |
| Growth rate | 7% (CAGR from 2021 to 2030) |
| Largest segment | Biomarker assay development & validation |
| Fastest growing segment | Flow cytometry |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biomarker Assay Development & Validation, Flow cytometry, Others( Biomarker immunoassays, Biomarker Assessment) |
Other key industry trends
- In terms of revenue, the North America accounted for 46.3% of the global biomarker testing services market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 1.5 million by 2030.
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Biomarker Testing Services Market Scope
Biomarker testing services market segmentation & scope
Biomarker Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biomarker testing services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biomarker testing services market will help companies and investors design strategic landscapes.
biomarker assay development & validation was the largest segment with a revenue share of 59.75% in 2021. Horizon Databook has segmented the Global biomarker testing services market based on biomarker assay development & validation, flow cytometry, others( biomarker immunoassays, biomarker assessment) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biomarker Testing Services Services Outlook (Revenue, USD Million, 2018-2030)
- Biomarker Assay Development & Validation
- Flow cytometry
- Others( Biomarker immunoassays, Biomarker Assessment)
- Global Biomarker Testing Services Application Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Drug discovery & development
- Other(Genomic Analysis, Personalized medicine)
- Global Biomarker Testing Services End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical and biotechnology companies
- Research Institues
- CROs
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Target buyers of Global biomarker testing services market databook
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Our clientele includes a mix of biomarker testing services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global biomarker testing services market , including forecasts for subscribers. This global databook contains high-level insights into Global biomarker testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global biomarker testing services market outlook statistics, by region, 2018-2030 (US$M)
Top 10 countries: Biomarker testing services market size, 2021 (USD Million)
Top 10 countries: Biomarker testing services market size, 2021 (USD Million)
Global biomarker testing services market, by region, 2021 (US$M)
Related regional statistics
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