BIOMARKERS - An Exclusive Market Insight Report Update
Biomarkers identification is fast gaining importance, especially in the field of medical research. Latest innovations in the area of transcriptomics, proteomics and metabolomics are driving the trend.

Global Biomarkers market is projected to grow at 21.8% compounded annually from 2005 through 2015. Global Biomarkers market growth would be driven mainly by integration of biomarkers into clinical trials. Biomarkers are expected to increase productivity by identifying potential drug failures in initial stages, leading to savings in time and costs. Biomarkers are becoming an essential part of drug discovery process, bolstering efficiency and accuracy. Biomarkers identification is fast gaining importance, especially in the field of medical research. Latest innovations in the area of transcriptomics, proteomics and metabolomics are driving the trend. Despite Systems Biology providing a better description and understanding of disease pathologies, biomarker identification continues to face challenges. Development of innovative technologies by small and mid-sized companies is prompting major pharma companies to form strategic alliances to identify biomarkers. Current investments in biomarker research and development efforts by pharmaceutical companies would help in discovering a new drug or combinations of biomarker tests. An enormous market opportunity is expected for biomarkers in the near future, as personalized medicine becomes a reality making conventional approaches obsolete.
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Tag Words:
biomarkers
Categories: Research
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