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Tuesday, 01/22/2019 2:55:45 AM

Tuesday, January 22, 2019 2:55:45 AM

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Biomarkers Market By Type (Safety,Validation, Efficacy), Application (Diagnostic, Drug Development, Personalized Medicine And Other Applications) And Disease (Oncology Diseases, Immunological Disease, Neurological Disease, Cardiovascular Disease And Other Diseases)- Global Industry Analysis And Forecast To 2023

The Biomarkers Market was worth USD 21.67 billion in 2014 and is expected to reach approximately USD 68.93 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 13.72% during the forecast period.

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North America rules the worldwide market of biomarkers because of expanding interest of aged populace for analysis and treatment of age related illnesses. Moreover, higher rate of adoption of biomarkers technologies is likewise driving the development of biomarkers market in North America. Asia is anticipated to indicate high development rates in the following five years in worldwide biomarkers market. A portion of the elements driving the development of biomarkers market in developing markets of Asia are expanding innovative work movement in India and China, expanding number of agreement inquire about associations and low cost for carrying out clinical trials.