Navigation Links
BCC Research Identifies Fast Growing Biotech Markets
Date:11/15/2013

Wellesley, Mass (PRWEB) November 15, 2013

In 2005, the launch of next-generation sequencing technologies radically changed the structure of the biotechnology industry. Since then, the costs of sequencing have rapidly reduced to the point where it is now feasible for complex NGS tests to be priced in the range of other multiplex genetic tests and pave the way for new opportunities in clinical applications.

BCC Research (http://www.bccresearch.com) in its technical market research report, Next Generation Sequencing: Emerging Clinical Applications and Global Markets (BIO126A) states the NGS clinical market as still relatively young and emerging, with great commercial promise. According to the report, the rapid decline in sequencing costs will enable NGS informatics (i.e., the handling and interpretation of massive amounts of genetic data) to emerge as a key focus area for clinical applications in the foreseeable future. BCC Research projects the market to reach nearly $7.6 billion by 2018, and register a five-year compound annual growth rate (CAGR) of 71.6% for the period 2013 to 2018, making it the top biotech sector with the highest CAGR across the global biotechnology market.

In addition to the NGS technologies market, BCC Research anticipates biochip-based products, use of lab-on-a-chip format in point of care applications, and the central nervous system biomarkers market to impact everything from drug development to diagnostics. A shift in focus from R&D-related tools to clinical applications that are accurate, easy to use, low cost, and suitable for automation is expected to drive tremendous growth in these markets over the next five years.

Technical market research reports from BCC Research provide invaluable insights on how today’s evolving markets are changing core business models in the biotechnology industry. They provide an overview of the global biotechnology market as well as analyses of five-year market trends with data from 2012, estimates for 2013, and CAGR projections for the period 2013 to 2018. These in-depth studies also offer evaluations of industry trends and clinical applications for NGS technologies; impact assessment of industry standards and governmental regulations on global markets; as well as comprehensive profiles of the top industry players and relative market shares for the leading companies.

Top Biotechnology Sectors

BIO049E - Global Biochip Markets: Microarrays and Lab-on-a-Chip
With the discovery of new, clinically relevant genomic and proteomic content, biochips are poised to meet the need for new-generation diagnostics that can measure multiple biomarkers in single assay. According to BCC Research, the global biochip products market will reach $14.4 billion in 2018, and register a CAGR of 30% for the period 2013 to 2018.

BIO074B - Central Nervous System (CNS) Biomarkers: Technologies and Global Markets
The central nervous system biomarkers market is an increasingly significant part of the overall biotechnology product market worldwide. CNS biomarkers are critical tools for understanding disease mechanism, developing more effective treatments, and improving the quality of patient care.
BCC Research expects the market to grow to $5.1 billion by 2017, and register a five-year CAGR of 20.7% from 2012 to 2017.

BIO099A - Single-Use Technologies for Biopharmaceuticals: Global Markets
Eliminating the risk of contamination is the greatest challenge faced by manufacturers of biopharmaceuticals, and currently this requires high-level monitoring of critical manufacturing processes. Single-use technology aids biopharmaceutical manufacturers in overcoming this challenge by reducing or eliminating the need for sterilization between batches, thereby improving operational efficiency. BCC Research projects this market to reach nearly $2.4 billion in 2017 after increasing at a five-year CAGR of 19.1%.

BIO051B - Bioinformatics: Technologies and Global Markets
Since the Human Genome Project was completed in April 2003, genome-wide association studies have contributed toward a greater understanding of the genetic basis of complex diseases and advances in high-throughput technologies. More recently, improvements in cloud computing capabilities and advances in data-analysis software services have helped to expand the evaluation of available datasets, allowing researchers to build systems biology models of various diseases. BCC Research projects this market to reach nearly $7.5 billion in 2017 after increasing at a five-year CAGR of 18.7% from 2012 to 2017.

BIO089B - Sample Preparation in Genomics, Proteomics and Epigenomics: Global Markets
Reagents companies have started to recognize the commercial potential in providing the required reagents, kits, and assays that help in facilitating scientific work by reducing time, labor, and even costs. BCC Research projects the market to grow to $11.5 billion by 2018, and register a five-year CAGR of 16.3% from 2013 to 2018.

Read the full story at http://www.prweb.com/releases/2013/11/prweb11337880.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. UCLA Brain Injury Research Center gets NCAA funding for research on sports concussions
2. NIH awards $20 million over 5 years to train next generation of global health researchers
3. Researchers develop a new cell and animal model of inflammatory breast cancer
4. Researchers uncover a viable way for colorectal cancer patients to overcome drug resistance
5. Sexually abused boys at risk for more unsafe sex: UBC research
6. Researchers Find Gene Mutations That May Be a Key to Autism
7. LSUHSC research finds HPV-related head & neck cancers rising, highest in middle-aged white men
8. Researchers find evidence of banned antibiotics in poultry products
9. Presidential keynote address and new research highlights from the American Society of Pediatric Otolaryngology meeting
10. Scientific session and new research highlights
11. NJ stroke researchers report advances in spatial neglect research at AAN Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/14/2019)... ... February 14, 2019 , ... Issued through ... directly impact Spaulding’s programs and services. , “The generous support of the New ... the lives of the children we serve for years to come,” said Susan ...
(Date:2/13/2019)... ... February 13, 2019 , ... CBD Hacker , the ... for 2019 . The list is the result of rigorous testing of more than ... is attractive to people who are looking for a fast-acting, effective delivery method for ...
(Date:2/13/2019)... ... February 13, 2019 , ... Following the longest ... looming, the American Academy of Sleep Medicine (AASM) is warning that such shutdowns ... controllers and Transportation Security Administration (TSA) officers. , “Even in typical circumstances, safety ...
(Date:2/13/2019)... LOS ANGELES (PRWEB) , ... February 13, 2019 , ... ... first at-home sexually transmitted disease (STD) testing service, is sharing 7 tips to ensure ... relationship and especially if you’re going to engage in safe sex. Having clear, open, ...
(Date:2/13/2019)... ... February 13, 2019 , ... Diameter Health , the leader in clinical ... Information Security Management Act (FISMA) High General Support System Authority to Operate (ATO) for ... is mandatory for the VA because of their work with confidential patient data. Protecting ...
Breaking Medicine News(10 mins):
(Date:2/13/2019)... ... ... WellRyde, a nuVizz Inc transportation solution, announces the successful integration with the over 10 ... in early August 2018, WellRyde has seen an increase in trip sources and providers ... significantly to the annual trip volume of 16+ Million trips. NEMT providers today are ...
(Date:2/13/2019)... ... February 13, 2019 , ... ClearCube® ... at HIMSS 2019 US in Orlando, Florida. The compact Thin Clients demonstrate their ... $199 and $520 and above respectively. , Powered by Intel® Celeron® N2807 ...
(Date:2/13/2019)... ... 13, 2019 , ... Gastro Health, LLC (“Gastro Health”), announced ... P.A. DBA Gastroenterology Specialists (“Gastroenterology Specialists”), a leading physician group with more than ... the Central Florida market, after it acquired Central Florida Gastroenterology in August of ...
Breaking Medicine Technology: