The global biomarkers market was valued at USD 38.41 billion in 2018 and is expected to grow to USD 190.81 billion by 2032, reflecting a compound annual growth rate (CAGR) of 12.1% over the forecast period. In 2018, North America led the market, accounting for a 38.53% share.
Global Biomarkers Market research report offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
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The growing diagnostic applications of biomarkers are a key driver of the biomarker industry's expansion. Additionally, an increase in research and development activities, supported by funding from biotechnology and pharmaceutical companies, combined with the rising prevalence of cancer, represents significant market trends. These factors are fueling demand and accelerating the growth of the biomarker market.
Key players covered in the global Biomarkers Market research report: