Biomarkers Market To Witness Rapid Growth Based On The Increasing R&D Funding Till 2024: Grand View Research, Inc.

The global biomarkers market is expected to reach over USD 78.2 billion by 2024, according to a new report by Grand View Research, Inc. The growing demand for companion diagnostics and the rising adoption of personalized medicine are the key factors propelling the growth of the biomarkers market. The increasing need of disease-specific biomarkers for the development of diagnostics, the increasing R&D funding, and the rising prevalence of oncology and cardiovascular-based diseases are anticipated to create significant opportunities for the market growth during the forecast period.

The spiraling population and the upward trend in the adoption of sedentary lifestyles are expected to provide the industry with a huge target population base. Government grants and research funding for the discovery and development of novel biomarkers are the other factors accentuating the market growth. The introduction of the biomarker-based diagnostic kits for screening high-risk population coupled with the growing prevalence of genetic disorders is also anticipated to increase the client base for this market.

Browse full research report on Global Biomarkers Market:

Further key findings from the study suggest:

Browse more reports of this category by Grand View Research:

Grand View Research has segmented the global biomarkers market on the basis of application, type, and region:

Global Biomarkers Type Outlook (Revenue, USD Million, 2014 - 2024)

Global Biomarkers Application Outlook (Revenue, USD Million, 2014 - 2024)

Global Biomarkers Disease Outlook (Revenue, USD Million, 2014 - 2024)

Biomarkers Regional Outlook (Revenue, USD Million, 2014 - 2024)

Access press release of this research report by Grand View Research:

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc


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