Rupali Vadhera, healthcare industry analyst, says: "The market for companion diagnostics has enjoyed strong growth in recent years, driven by adoption of marketed products, and also due to the increase in the number of theranostics. Theranostics are companion diagnostic tests, the use of which is essential before the corresponding drug is prescribed. Over the course of the next decade, there will be greater demand for the companion diagnostics, as they improve the safety-efficacy profile of drugs and help to reduce the healthcare costs."
Visiongain's research suggests that the world companion diagnostics market will benefit from developments in biomarker discovery and use in early stages of drug development. These biomarkers for disease can be developed into companion diagnostics for clinical use. Also benefiting the companion diagnostics market will be efforts on the part of the regulatory authorities to develop clearer regulatory guidelines for the co-development of companion diagnostics.
Visiongain predicts that this market will grow steadily to 2021. The future of the companion diagnostics market appears promising, with increases in the demand for high priced specialist therapies and the demand for safer, more-efficacious drugs. This new study adds to visiongain's wide range of analytical reports in healthcare and other industry areas.
To view sample pages of the report please visit http://www.visiongain.com/
For an exec summary please email Sara Peerun
Tel: +44 0207 336 6100
# # #
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Energy, Pharmaceutical, Defence, Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.