Below are some of the key findings from this solid tumor testing market in the US analysis report
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Solid tumor testing market in the US overview
The growing prevalence of cancer is the primary growth factor for the solid tumor testing market in the US. Solid tumor testing evaluates the primary tumor to determine the extent of any metastasis. This testing aids the doctors to administer effective treatment options to limit the spread of cancerous cells. The growing preference for personalized medicine is encouraging the pharmaceutical companies to develop customized medicines that analyze the patient blood or tissue sample as well.
Also, the growing adoption of NGS in cancer diagnostics is the key trend driving the growth of the solid tumor testing market in the US. NGS allows multiple genomes simultaneously while allowing researchers to focus on sequenced target regions and analyze epigenetic factors. Thus, the growing prevalence of cancer coupled with the adoption of NGS in cancer diagnostics is driving the solid tumor testing market growth in the US at a CAGR of close to 11% during the forecast period.
Top solid tumor testing companies in the US covered in this report
The solid tumor testing market in the US is concentrated. The market is in the initial stage of the growth phase, and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this solid tumor testing market in the US analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
- Agilent Technologies
- Becton, Dickinson and Company
- Danaher
- F. Hoffmann-La Roche
- Illumina
- Thermo Fisher Scientific
Solid tumor testing market in the US segmentation based on technology
- Conventional testing
- Non-conventional testing
Conventional testing was the largest technology of the solid tumor testing market in the US in 2017. The market share of this segment will continue to dominate the market throughout the next five years.
Solid tumor testing market in the US segmentation based on end-user
- Hospitals
- Diagnostic laboratories
- Academic and research institutes
The hospitals segment accounted for the largest solid tumor testing market share in the US in 2017. This segment will remain the market leader for the next five years.
Key highlights of the solid tumor testing market in the US for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the solid tumor testing market in the US during the next five years
- Precise estimation of the solid tumor testing market size in the US and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of solid tumor testing companies in the US
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
- Segmentation by technology
- Comparison by technology
- Conventional testing – Market size and forecast 2017-2022
- Non-conventional testing – Market size and forecast 2017-2022
- Market opportunity by technology
PART 08: CUSTOMER LANDSCAPE
PART 09: SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Hospitals – Market size and forecast 2017-2022
- Diagnostic laboratories – Market size and forecast 2017-2022
- Academic and research institutes – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Adoption of NGS in cancer diagnostics
- Preference for liquid biopsy over traditional biopsy
- Increase in investment in cancer research
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Agilent Technologies
- Becton, Dickinson and Company
- Danaher
- F. Hoffmann-La Roche
- Illumina
- Thermo Fisher Scientific
PART 15: APPENDIX