Companion Diagnostics Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Companion Diagnostics Market was valued at USD 4,865.60 million in 2020, and it is expected to reach USD 14,920.22 million by 2027, registering a CAGR of 20% during the forecast period 2021-2027.

Companion diagnostics are in vitro medical devices that provide essential information for the safe and effective use of a given drug or biological product. These diagnostic tests help healthcare professionals determine whether a particular treatment product can benefit patients and outweigh any potential serious side effects or risks.

Market Segments

By Product & Service

• Assay kits & Reagents
• Software & Services

By Technology

• Polymerase Chain Reaction (PCR) 
• In Situ Hybridization (ISH) 
• Next-Generation Sequencing (NGS)
• Immunohistochemistry (IHC) 
• Others (Multiplex Assay and Cellular Imaging Technologies)

Key Players

The key players profiled in this report include Abbott Laboratories Molecular, Inc., Agilent (Dako Denmark A/S), ARUP Laboratories, Inc., BioMerieux SA, Danaher Corporation (Leica Microsystems), Foundation Medicine, Inc., Myriad Genetics, Inc., Qiagen N.V., Roche (Ventana Medical Systems, Inc.), and Thermo Fisher Scientific (Life Technologies Corporation). 

Scope of the Report

The research study analyzes the global Companion Diagnostics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Companion Diagnostics Market Report

1. What was the Companion Diagnostics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Companion Diagnostics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Companion Diagnostics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.