Stratview Research has recently published a report on the Companion Diagnostics Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented by Technology Type (Immunohistochemistry, Polymerase Chain Reaction, Next Generation Sequencing, In Situ Hybridization, and Others), by Indication Type (Oncology [Lung Cancer, Colorectal Cancer, Breast Cancer, Blood Cancer, and Others], Neurology, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Companion Diagnostics Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Companion Diagnostics Market is estimated to grow from USD 5.77 billion in 2021 to reach USD 13.55 billion by 2028 at a CAGR of 12.49% during the forecast period.

Some of the companies drive the market growth:

• Abbott Laboratories Molecular, Inc.,
• Agilent (Dako Denmark A/S),
• ARUP Laboratories, Inc.,
• BioMerieux, Danaher Corporation,
• Foundation Medicine, Inc.,
• Myriad Genetics, Inc.,
• QIAGEN N.V.,
• Roche (Ventana Medical Systems, Inc.),
• Thermo Fisher Scientific (Life Technologies Corporation).

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Segments Analysis

By Indication Type:

"Oncology is estimated to be the leading segment of the market during 2022-2028"
Owing to the high prevalence of cancer, rising number of FDA approved companion diagnostics, increasing number of R&D activities for cancer, and growing awareness among the patients regarding personalized medicine.

Region Analysis

"Asia-Pacific is estimated to be the leading region in the market during 2022-2028"

On account of the rapid growth in population, growing awareness regarding companion diagnostics, increasing demand for advance therapies, and development in healthcare infrastructures. North America and Europe are also estimated to offer substantial growth opportunities during the forecast period.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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