Next Generation Cancer Diagnostics Market Size, Revenue, Share and Growth Rate to 2024 “Rise in mortality rate due to the increasing occurrence of the cancer, second most predominant disease accounting for approximately 8.8 million deaths in 2015 is anticipated to escalate the market for these tests."
The Next generation cancer diagnostics Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on global and regional level. The report covers the global Next generation cancer diagnostics Market performance in terms of revenue contribution from various segments and includes a detailed analysis of key trends, drivers, restraints, and opportunities influencing revenue growth of the global Next generation cancer diagnostics market. This report studies the global Next generation cancer diagnostics Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Next generation cancer diagnostics Market by companies, region, type and end-use industry. Industry Insights Global next generation cancer diagnostics market size was worth USD 4,964.05 million in 2016 which is anticipated to grow at a CAGR of more than 9.7% over the forecast period. Rise in mortality rate due to the increasing occurrence of the cancer, second most predominant disease accounting for approximately 8.8 million deaths in 2015 is anticipated to escalate the market for these tests. Advancements in tests enable early diagnosis and assist efficient detection of different types of tumors which in turn is expected to promote growth over the projected period. The introduction of new products by large bodies, merger, and acquisitions, and joint agreements such as the development of RNA-Seq Kit version by Agilent Technologies Inc. and Agendia Inc. are the factors accountable for the estimated CAGR. An escalation in the development of companion diagnostics in order to deliver advanced and personalized genomic medicine is also responsible for progress in the coming years.
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