beroe-ai

Biomarkers
Market, Supplier, Risk and
Competitive Intelligence

best-value

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

feature

 No Additional Benefits

Subscription Benefits:

  • PRO access to Beroe LiVE.Ai™
  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

feature

Manage Biomarkers Category with Ai powered
Procurement Productivity Suite

meet-abi-1

Abi will answer all Biomarkers related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Biomarkers to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Biomarkers related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Biomarkers to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

Get Beroe LiVE.Ai™ subscription for your team

17k + companies trust Beroe for their supply market intelligence needs

Check out what’s included in market information for Biomarkers on Beroe LiVE.Ai™

Learn More about Beroe LiVE.Ai™

Report Coverage

  • Global Biomarker Market by Region
  • Global Biomarker Market by Technology (2017)
  • Global Biomarker Market: By Therapeutic Area (2017)
  • Engagement Model in Percentage (2016–2017)

Market Size

Global Market Size

$54.30 Bn

CAGR

14-15 Percent

Global Pharma CDMO Market Size

$158.9 Billion (2020)

Table of contents

  1. Executive Summary?COVID-19 Update
  2. Executive Summary: Biomarker Market Snapshot
  3. Impact of COVID on Biomarkers in Drug Development
  1. Market Analysis
  2. Biomarker Market Overview
  3. Drivers and Restraints
  4. SWOT Analysis
  5. Recent Developments
  6. Biomarker Databases
  7. List of Biomarkers
  8. Regional Overview:Australia
  1. Cost Drivers and Cost Structure
  2. Cost Drivers and Cost Structure

 

  1. Market Monitoring Insights
  2. Billing Rates Overview
  3. Biomarkers –Billing Rates
  4. Billing Rates: Methodology

 

  1. Sourcing Practices
  2. Sourcing Practices
  3. Sourcing and Engagement Model

 

  1. Supplier Section
  2. Key Global Suppliers
  3. Key Global Supplier Profile
  4. Key Global Supplier: SWOT

 

  1. Competitive Practices
  2. Deals between Suppliers and Buyers

 

  1. Innovation Framework
  2. Innovation

 

  1. Sustainability
  2. Sustainable Initiatives

Want a more detailed personalised report?

Global Market Outlook on Biomarkers

The market growth is mainly driven by factors, such as increasing diagnostic applications of biomarkers, rise in R&D funding from the government, growing number of CROs, low cost of clinical trials in the developing countries, high prevalence and incidence of chronic diseases, and new initiatives for biomarker research

  • Biomarkers are important for predicting prognosis and selecting dose regimes. They are helpful for detecting therapeutic advances and adverse responses as well as for patient stratification, based on efficacy or safety prediction
  • Biomarkers are essential tools for the selection of appropriate patients for treatment with certain drugs, and so enables personalized medicine to a greater extent
  • Biomarker information is also included in labelling, in case of negative selection (i.e., if the biomarker is used to select a population unlikely to respond) or in case of uncertainty about the value of the biomarker, but where a negative selection is suspected, e.g., vandetani
  • Genomics-based biomarker platform is the fastest growing and heavily adopted technology among others. In fact, the genomics biomarker market is expected to grow at a CAGR of ~25–26 percent in the next five years
  • Proteomics biomarker discovery, albeit more complex, is expected to grow at a CAGR of 12–14 percent
  • Imaging biomarkers are expected to grow at a steady rate of 14–15 percent over the next five years
  • The omics family is constantly growing and adding new members, such as genomics, proteomics, peptidomics, and the newer ones, such as epigenomics, transcriptomics, metabolomics, lipidomics, pharmacogenomics, interactomics, and chronemics

Biomarker Market

Cancer

  • The cancer biomarker market is expected to grow at a CAGR of 15 to 15.5 percent
    The market share of cancer biomarkers is expected to reach $ 32,632.11 million by 2024

The growth factors include:

–Increasing rate of cancer patients

–Technological advancement of omics

–Need for personalized cancer treatments

–Rise in the government funding for cancer research

  • Among the regions, Asia–Pacific will continue to grow in the next five years

Cardiovascular

  • Cardiovascular disorders is expected to grow at the highest CAGR of 15.9 percent and is expected to reach $ 25,063.53 million by 2024
  • Cardiac biomarkers are used as risk stratification for various CVDs, such as myocardial infraction, congestive heart failure, ACS, etc.
  • Some of the widely used biomarkers for CVDs as an integrated diagnostic approach include CK-MB, troponin I and T, myoglobin, BNPs, and IMA

Drivers and Restraints

Drivers

  • Increasing diagnostic applications of biomarkers

−Personalized medicine, an emerging practice of medicine that uses an individual's enetic profile to guide decisions made, in regard to the diagnosis, prevention, and treatment of diseases.

−Companion diagnostics involves the use of biomarkers that provides biological and/or clinical information that enables better decision making about the development and use of a potential drug therapy

  • Increasing R&D funding for pharma and biotech companies
  • Non-invasive biomarkers can help in decision making during interim analysis in protocols
  • Accuracy in result - Biomarkers can also reflect the entire spectrum of disease from the earliest manifestations to the terminal stages
  • Increasing number of CROs and low cost of clinical trials in developing countries
  • Multi-marker Application: Combination of markers used in the care, along the entire spectrum of disease, by improving screening, simplifying diagnosis, clarifying prognosis, and tailoring treatment
  • Gene-level diagnosis: Cancer diagnosis is becoming more easier with the incorporation of molecular markers, such as DNA, RNA, micro RNAs, and proteins

Restraints

  • High capital investment and low cost-benefit ratio
  • Poorly suited regulatory and reimbursement systems
  • Technical issues related to sample collection and storage
  • Government regulation and ethical problems
  • Complex process

Biomarkers Market Frequently Asked Questions

  1. What factors drive the growth of the biomarkers market?
  2. As per Beroe, the primary factors that drive the growth of the biomarkers market are: Increasing diagnostic applications of biomarkers Rise in R&D funding from the government Growing number of CROs Low cost of clinical trials in the developing countries High prevalence and incidence of chronic diseases New initiatives for biomarker research
  1. What are the different uses of biomarkers within the industry?
  2. The main uses of the biomarkers within the industry are: Predicting the prognosis and selecting dose regimes Detecting therapeutic advances and adverse responses For patient satisfaction based on efficacy or safety prediction They can also help to select appropriate patients for treatment with certain drugs, hence enables personalized medicine
  1. Which form of a biomarker is the fastest growing and heavily adopted technology?
  2. According to Beroe’s insights, the genomics-based biomarker platform is the fastest growing and heavily adopted technology.
  1. What’s the estimated growth rate for genomics biomarkers, proteomics biomarkers, and imaging biomarkers in the next five years?
  2. As per Beroe, the genomics biomarker market is expected to grow at a CAGR of nearly 25 – 26 percent, while for proteomics and imaging biomarkers, the growth rate is anticipated around 12 – 14 percent and 14 – 15 percent respectively in the next five years.
  1. At what percentage will the cancer biomarkers market grow and what will be its market share by 2024?
  2. The cancer biomarkers market is estimated to grow at a CAGR of 15 – 15.5 percent and its market share is expected to reach a valuation of $32,632.11 million by 2024.
  1. What factors are majorly driving the growth of the cancer biomarker market?
  2. As per Beroe’s study, the core factors that drive the growth of the cancer biomarkers market include: An increasing rate of cancer patients Technological advancements of omics Need for personalized cancer treatments The rise in government funding for cancer research
  1. What is the projected valuation of cardiovascular disorders by 2024?
  2. Cardiovascular disorders are expected to grow at the highest CAGR of 15.9 percent to reach a valuation of $25,063.53 by 2024.
  1. What are the primary uses of cardiac biomarkers?
  2. Cardiac biomarkers are majorly used as risk stratification for various CVDs like myocardial infarction, congestive heart failure, ACS, etc.
  1. What are the five biomarkers for CVDs which are used as an integrated diagnostic approach?
  2. According to Beroe’s report, some of the widely used biomarkers for CVD as an integrated diagnostic approach include: CK – MB Troponin I and T Myoglobin BNPs IMA
  1. How is the biomarkers market moving globally?
  2. Following the insights from Beroe’s analysis, it can be said that the market is moving more towards global as: Regional engagement requires revalidation in secondary labs The local engagement has difficulty while developing complex biomarkers
  1. Who are the key suppliers of the biomarkers market?
  2. The key suppliers include the following names: Covance QPS Immune Health SGS Charles River PRAHS
  1. What’s the net biomarkers market size from a global perspective?
  2. The global market size of biomarkers is nearly $29 Bn which grows at a CAGR rate of 13 – 14 percent.
  1. What are the primary constraints that are hampering biomarkers procurement?
  2. The four restraints that are hampering biomarkers procurement for the corporates are: High capital investment and low cost-benefit ratio Poorly suited regulatory and reimbursement systems Technical issues related to sample collection and storage Government regulation and ethical problems Complex process

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

feature

Complimentary 12-month access to Beroe LiVE

Any more questions?

Get in touch with us quickly and easily.

x

Join us on Jun 16 to see Beroe LiVE.Ai in action