Predictive Biomarkers Market Top Companies Study – Thermo Fisher Scientific Inc., Qiagen N.V.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Predictive Biomarkers Market- (By Indication (Cancer, Neurological Disorder, Cardiovascular Disorder, Immunological Disorder, Others), By End-Use (Diagnostic Centers, Contract Research Organizations (CROs), Academic Research Institutes, Pharma & Biotech Companies, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Predictive Biomarkers Market is expected to grow with a CAGR of 14.27% during a forecast period of 2023-2031.
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A predictive biomarker is a detectable indicator of the biological state or illness of an organ, tissue, or cell. Biomarkers are frequently utilized in medicine, safety evaluation, and drug discovery and development. Predictive biomarkers are divided into several sorts based on their functioning, including diagnostic, prognostic, and predictive biomarkers. They play a significant role in drug development and the greater biomedical research enterprise. Predictive biomarkers are classified as genomics, proteomics, and others based on their biological features. During the projection period, an increase in clinical tests is a key element driving market revenue growth.

Furthermore, advances and advancements in this subject are increasing. Patients who will benefit from adjuvant radiotherapy or chemotherapy are also identified using predictive biomarkers. The rising cases of cardiovascular diseases and other diseases are a major factor boosting market revenue growth.