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(HomeGarden247.com, January 10, 2018 ) Middle East and Africa biomarkers market is expected to reach USD 4.75 billion by 2020 from USD 2.33 billion in 2015, growing at a CAGR of 15.29% during forecast period 2015-2020.
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Biomarkers are described as the biological molecules or genes assist in crucial clinical decisions and diagnosis of health conditions in patients. These are also known as molecular markers or signature molecules and used to analyze the pharmacologic responses, biological & pathological conditions. Biomarkers are found extensively in body fluids and tissues. Biomarkers are helpful in drug discovery & development processes and assessment of disease conditions.
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Rising demand diagnostics, increasing biomarker research, growing awareness on biomarkers applications, availability of large clinical samples for the testing laboratories, and increasing public & private organizations investment in biomarkers research are driving the growth of biomarkers market in Middle East & Africa. However, requirement of high capital investment and high cost of biomarkers development are some of the major factors restraining the growth of biomarkers market in Middle East & Africa.
o Services Growth Hormone Therapy
o Safety Biomarkers
o Efficacy Biomarkers
o Validation Biomarkers
o Diagnostics Development
o Drug Discovery and Development
o Personalised Medicine
o Disease Risk Assessment
o Other Applications
• Disease Indications
o Neurological Disorders
o Immunological Disorders
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On the basis of geographical areas, Middle East & Africa biomarkers market is segmented as Middle East, South Africa, and rest of Middle East & Africa.
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The key players in biomarkers market include, Bio-Rad Laboratories (U.S.), Qiagen N.V. (Netherlands), Enzo Biochem (U.S.), PerkinElmer, Inc. (U.S.), Merck & Co, Inc. (U.S.), EKF Diagnostics Holdings plc. (U.S.), Meso Scale Diagnostics, LLC (U.S.), Singulex, Inc. (U.S.), BioSims Technologies (France), Cisbio Bioassays (France), and Signosis, Inc. (U.S.).
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