US Cancer Biomarker Market 2019 Analysis May Set New Growth Story, Forecast to 2025

US cancer biomarker market is anticipated to grow at a CAGR of 11.8% during the forecast period. The US cancer biomarker market in the North American region is dominating due to various factors such as investments in research and development, high healthcare expenditure, presence of key players and rising prevalence of cancer patients.  

The proactiveness of prostate cancer research organizations in the US are contributing to the market growth. Many organizations fund researchers for supporting their study for cancer research and bringing innovative treatments to the market. There are many organizations working in the US that are creating awareness regarding prostate cancer in men. US Too-International, Prostate Cancer Education and Support network and the Prostate cancer research organization are some of the organizations in the category. There are special organizations as well in the US, for instance, Malecare is a cancer support organization offering help and assistance to gay people with prostate cancer and other cancers. These organizations are increasing public knowledge for prostate cancer and educating them regarding the treatments available in the country. Hence, contributing to the US cancer biomarker market.

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According to the American Cancer Society in 2017, it was estimated that out of total 600,920 cancer deaths in the US, around 190,500 would be caused by cigarette smoking. In addition, it was estimated by the World Cancer Research Fund that 20% of cancers are caused by f factors such as physical inactivity, excess body weight, excess alcohol consumption and poor nutrition. Cancer is usually developed among older people. According to the American Cancer Society in 2017, 87% of all the cancers in the US were diagnosed in people with age 50 years and above. These cancers are preventable. Moreover, colorectal and cervical cancers can be prevented by screening and by removal of precancerous lesions. Screening also have reduced the mortality rate significantly for the cancers of colon, breast, and lung.

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US Cancer Biomarker Market Segmentation

By Biomarker Type

·        Genetic Biomarker

·        Protein Biomarker

By Cancer Type

·        Lung Cancer

·        Prostate Cancer

·        Breast Cancer

·        Colorectal Cancer

·        Cervical Cancer

·        Other

US Cancer Biomarkers Market by Applications

·        Drug Discovery and Development

·        Diagnosis

·        Risk Assessment

·        Prognostics

By Profiling Technology

·        Omics Technology

·        Immunoassays

·        Cytogenetics

·        Bioinformatics

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)