South East Asia biomarkers market size is projected to exhibit a growth rate (CAGR) of 14.06% during 2024-2032. The growing need for personalized medicines among patients, rising prevalence of chronic diseases, such as cancer, cardiovascular disorders, and diabetes, and increasing number of clinical trials represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | 14.06% |
Biomarkers are biological molecules or genetic markers that can be measured and evaluated. They are usually found in bodily fluids, tissues, or cells and can be detected through various scientific techniques and diagnostic tools. They serve as indicators, providing valuable information about various aspects of health, disease, or physiological processes within an organism. They can help in the early detection of diseases, allowing for timely intervention and treatment. They can track the progression of a disease or condition and provide information about its severity. They allow clinicians, pharmaceutical companies, and researchers to provide more precise diagnosis, personalized treatment approaches, and the development of innovative therapies. They offer crucial information about the physiological state of an organism, a specific disease, or a response to a particular treatment. They provide cost-effective solutions by facilitating early diagnosis and targeted treatment. They assist in providing predictive information about the risk of developing a disease in the future or prognostic information about the disease among individuals. As they allow for more targeted interventions and enhanced allocation of healthcare resources, the demand for biomarkers is increasing in South East Asia.
At present, the rising employment of biomarkers in the pharmaceutical sector to identify potential drug targets, assess drug safety, and predict the response of individuals to a particular medication, represents one of the primary factors contributing to the growth of the market in South East Asia. In line with this, the growing demand for biomarkers, as they help healthcare professionals predict the risk and outcome of a disease, is offering a positive market outlook. Moreover, the increasing prevalence of chronic diseases, such as cancer, cardiovascular disorders, and diabetes, among the masses is bolstering the market growth. Apart from this, there is a rise in the need for personalized medicines among patients. This, coupled with the increasing usage of biomarkers that can be detected through non-invasive methods like blood tests or imaging, is supporting the market growth. Additionally, advancements in genomics, proteomics, and other high-throughput technologies assist in expanding the capabilities for biomarker discovery and validation, which is strengthening the market growth. Besides this, the escalating demand for biomarkers to enable early disease detection, along with the number of clinical trials, is positively influencing the market in South East Asia. Furthermore, innovations in biotechnology, including CRISPR or Cas9 gene editing, to enhance biomarker discovery and application are offering lucrative growth opportunities to industry investors. In addition, the rising development of point-of-care (POC) biomarker tests is propelling the market growth in South East Asia.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on product, type, disease, application, and end user.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes consumables, services, and software.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes efficacy biomarkers, safety biomarkers, and validation biomarkers.
Disease Insights:
The report has provided a detailed breakup and analysis of the market based on the disease. This includes cancer, cardiovascular disorders, neurological disorders, immunological disorders, renal disorders, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes diagnostics, drug discovery and development, personalized medicine, and others.
End User Insights:
The report has provided a detailed breakup and analysis of the market based on the end user. This includes pharmaceutical and biotechnology companies, diagnostic and research laboratories, hospitals and specialty clinics, and others.
Country Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, and Others.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Products Covered | Consumables, Services, Software |
Types Covered | Efficacy Biomarkers, Safety Biomarkers, Validation Biomarkers |
Diseases Covered | Cancer, Cardiovascular Disorders, Neurological Disorders, Immunological Disorders, Renal Disorders, Others |
Applications Covered | Diagnostics, Drug Discovery and Development, Personalized Medicine, Others |
End Users Covered | Pharmaceutical and Biotechnology Companies, Diagnostic and Research Laboratories, Hospitals and Specialty Clinics, Others |
Countries Covered | Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |