Genomics In Cancer Care Market to Reach USD 39.94 Billion By 2027 | Reports and Data

Increasing awareness about early cancer diagnosis is one of the significant factors influencing the growth of the genomics in cancer care market.

New York, New York, UNITED STATES


New York, Dec. 15, 2020 (GLOBE NEWSWIRE) -- The global genomics in cancer care market is forecast to reach USD 39.94 Billion by 2027, according to a new report by Reports and Data. The genomics in cancer research market is observing high demand attributed to the increasing awareness about early cancer diagnosis. Detection of cancer at an early stage can considerably increase the chances for survival. Creating awareness to encourage early diagnosis and screening are the crucial steps responsible for early detection of disease which include colorectal, lung, breast, blood, and cervical, among others. Identifying warning symptoms of cancer and undertaking rapid measures is necessary for early diagnosis. Greater awareness of probable symptoms of the disease amongst physicians, nurses, and other healthcare providers, as well as the general public, would positively impact the survival rate of patients and hence would be instrumental in augmenting the genomics in cancer care market share.

Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/3712

The COVID-19 impact:

The COVID-19 pandemic has made it essential to repurpose operating rooms for surgeries into intensive care units (ICUs) and pushed hospitals to accommodate patients beyond their full capacity of beds. This caused cancer patients to be categorized as non-urgent in many cases. In addition, the psychological effect of the delayed diagnosis of the disease as a consequence of the COVID-19 pandemic cannot be compromised because when patients' psychological, physical, and social wellbeing are viewed favorably, the chances of survival of patients have been shown to increase from a state of illness to recovery from the disease. COVID-19 has had an important and detrimental effect on cancer care and science, making it possible to create a new health emergency for the management of cancer patients.

Further key findings from the report suggest

  • Genomics in cancer treatment offers knowledge that in different ways facilitates modern drug discovery. Valuable insights into the discovery of novel drug targets are provided by the human genome. In addition, more opportunities for drug development are provided by individual differences in the human genome.
  • The decline in the cost of sequencing, along with advancement in technology in informatics, is expected to propel the research in pharmaceutical and biotechnology companies. Genetic solution is commonly used in small labs in clinical settings. The increase in genetic research is boosting genomics in cancer care market demand.
  • In the forecast period, the microarray is likely to expand at a significant rate. With the aid of microarray analysis, numerous studies in cancer profiling have used multiple tumor versus control strategies, where the tumor gene expression profile is compared with its corresponding control sample to measure the similarities and differences between both phenotypes.
  • In the Asia Pacific region, genomics in the cancer care market is projected to expand at the fastest pace in the forecast period due to the presence of a wide pool of patients, rising awareness of cancer diagnostics, and improving the region's healthcare infrastructure.
  • Key participants include Agilent Technologies, Qiagen, GE Healthcare, Bio-Rad Laboratories, Sigma Aldrich, Roche Diagnostics, Illumina Inc., Abbott Laboratories, Cancer Genetics Inc., and Perkin Elmer, among others.

BUY NOW (Customized Report Delivered as per Your Specific Requirement)@ https://www.reportsanddata.com/checkout-form/3712

For the purpose of this report, Reports and Data has segmented the global genomics in cancer care market on the basis of product type, technology, application, end-user, and region:

  • Product Type Outlook (Revenue, USD Million; 2017-2027)
    • Instruments
    • Consumables
    • Services
  • Technology Outlook (Revenue, USD Million; 2017-2027)
    • PCR
    • Genome Sequencing
    • Nucleic Acid Extraction & Purification
    • Microarray
    • Others 

Application Outlook (Revenue, USD Million; 2017-2027)

    • Diagnostics
    • Personalized Medicine
    • Drug Discovery & Development
    • Others
  • End-User Outlook (Revenue, USD Million; 2017-2027)
    • Hospitals
    • Research Institutes
    • Others

To identify the key trends in the industry, click on the link below:   https://www.reportsanddata.com/report-detail/genomics-in-cancer-care-market

  • Regional Outlook (Revenue, USD Million; 2017-2027)
    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA
    • Latin America
      1. Brazil
      2. Rest of LATAM

Take a Look at our Related Reports:

Bioprosthetics Market: The increasing prevalence of rheumatoid heart disease, coronary and peripheral artery diseases, and other cardiovascular diseases have led to the increasing demand for long-term treatment and relief, factors that are anticipated to drive bioprosthetics market growth.

Stone Treatment Devices Market: Factors such as mounting geriatric populace, an expansion in the frequencies of stone formation, upsurge in the recurrence of the stone after a medical procedure, a tendency towards minimally invasive procedures are expected to propel the industry in the coming years.

Automated Insulin Delivery Systems Market: Automated Insulin Delivery Systems is an user friendly technology that regulate blood glucose level with the help of continuous glucose monitoring.

Cerebrospinal Fluid (CSF) Management Market: The unique nature of cerebrospinal fluid dynamics in each patient has challenged neurologists, neurosurgeons, and medical device developers. This has led to cumulative demand for advanced cerebral spinal fluid (CSF) management devices.

Sacral Neuromodulation Market: A rise in the prevalence of overactive bladder & urge continence among masses along with the expansion of the geriatric population base across the globe is the key factor driving the market growth.

Central Venous Catheters Market: Catheters are an efficient delivery mechanism for surgical procedures. These are medical devices, which are used for the treatment of a large number of cardiovascular diseases and other chronic disorders.

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

LinkdIn | Twitter | Blogs

Full Press Release@ https://www.reportsanddata.com/press-release/global-genomics-in-cancer-care-market



Contact Data