Global Companion Diagnostic Market 2020 by Company, Regions, Type and Application, Forecast to 2025

  • Publish Date: Feb, 2020
  • Report ID: 408503
  • Category: Medical Devices
  • Pages: 105
$3480

Market Overview

The global Companion Diagnostic market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 19.4% in the forecast period of 2020 to 2025 and will expected to reach USD 18430 million by 2025, from USD 9075.3 million in 2019.

The Companion Diagnostic market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation

Companion Diagnostic market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, Companion Diagnostic market has been segmented into:

Assay Kits

Reagents

By Application, Companion Diagnostic has been segmented into:

Pharmaceutical & Biopharmaceutical Companies

Laboratories

Other

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global Companion Diagnostic market presented in the report. This section sheds light on the sales growth of different regional and country-level Companion Diagnostic markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Companion Diagnostic market.

The report offers in-depth assessment of the growth and other aspects of the Companion Diagnostic market in important countries (regions), including:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Landscape and Companion Diagnostic Market Share Analysis

Companion Diagnostic competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Companion Diagnostic sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Companion Diagnostic sales, revenue and market share for each player covered in this report.

The major players covered in Companion Diagnostic are:

Abbott Laboratories

Thermo Fisher Scientific

Illumina

Agilent Technologies

Roche

Danaher

Novartis

Qiagen

Myriad Genetics

Sysmex

Table of Contents

1 Companion Diagnostic Market Overview

1.1 Product Overview and Scope of Companion Diagnostic

1.2 Classification of Companion Diagnostic by Type

1.2.1 Global Companion Diagnostic Revenue by Type: 2015 VS 2019 VS 2025

1.2.2 Global Companion Diagnostic Revenue Market Share by Type in 2019

1.2.3 Assay Kits

1.2.4 Reagents

1.3 Global Companion Diagnostic Market by Application

1.3.1 Overview: Global Companion Diagnostic Revenue by Application: 2015 VS 2019 VS 2025

1.3.2 Pharmaceutical & Biopharmaceutical Companies

1.3.3 Laboratories

1.3.4 Other

1.4 Global Companion Diagnostic Market by Regions

1.4.1 Global Companion Diagnostic Market Size by Regions: 2015 VS 2019 VS 2025

1.4.2 Global Market Size of Companion Diagnostic (2015-2025)

1.4.3 North America (USA, Canada and Mexico) Companion Diagnostic Status and Prospect (2015-2025)

1.4.4 Europe (Germany, France, UK, Russia and Italy) Companion Diagnostic Status and Prospect (2015-2025)

1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Companion Diagnostic Status and Prospect (2015-2025)

1.4.6 South America (Brazil, Argentina, Colombia) Companion Diagnostic Status and Prospect (2015-2025)

1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Companion Diagnostic Status and Prospect (2015-2025)

2 Company Profiles

2.1 Abbott Laboratories

2.1.1 Abbott Laboratories Details

2.1.2 Abbott Laboratories Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 Abbott Laboratories SWOT Analysis

2.1.4 Abbott Laboratories Product and Services

2.1.5 Abbott Laboratories Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.2 Thermo Fisher Scientific

2.2.1 Thermo Fisher Scientific Details

2.2.2 Thermo Fisher Scientific Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 Thermo Fisher Scientific SWOT Analysis

2.2.4 Thermo Fisher Scientific Product and Services

2.2.5 Thermo Fisher Scientific Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.3 Illumina

2.3.1 Illumina Details

2.3.2 Illumina Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 Illumina SWOT Analysis

2.3.4 Illumina Product and Services

2.3.5 Illumina Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.4 Agilent Technologies

2.4.1 Agilent Technologies Details

2.4.2 Agilent Technologies Major Business and Total Revenue (Financial Highlights) Analysis

2.4.3 Agilent Technologies SWOT Analysis

2.4.4 Agilent Technologies Product and Services

2.4.5 Agilent Technologies Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.5 Roche

2.5.1 Roche Details

2.5.2 Roche Major Business and Total Revenue (Financial Highlights) Analysis

2.5.3 Roche SWOT Analysis

2.5.4 Roche Product and Services

2.5.5 Roche Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.6 Danaher

2.6.1 Danaher Details

2.6.2 Danaher Major Business and Total Revenue (Financial Highlights) Analysis

2.6.3 Danaher SWOT Analysis

2.6.4 Danaher Product and Services

2.6.5 Danaher Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.7 Novartis

2.7.1 Novartis Details

2.7.2 Novartis Major Business and Total Revenue (Financial Highlights) Analysis

2.7.3 Novartis SWOT Analysis

2.7.4 Novartis Product and Services

2.7.5 Novartis Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.8 Qiagen

2.8.1 Qiagen Details

2.8.2 Qiagen Major Business and Total Revenue (Financial Highlights) Analysis

2.8.3 Qiagen SWOT Analysis

2.8.4 Qiagen Product and Services

2.8.5 Qiagen Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.9 Myriad Genetics

2.9.1 Myriad Genetics Details

2.9.2 Myriad Genetics Major Business and Total Revenue (Financial Highlights) Analysis

2.9.3 Myriad Genetics SWOT Analysis

2.9.4 Myriad Genetics Product and Services

2.9.5 Myriad Genetics Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

2.10 Sysmex

2.10.1 Sysmex Details

2.10.2 Sysmex Major Business and Total Revenue (Financial Highlights) Analysis

2.10.3 Sysmex SWOT Analysis

2.10.4 Sysmex Product and Services

2.10.5 Sysmex Companion Diagnostic Revenue, Gross Margin and Market Share (2018-2019)

3 Market Competition, by Players

3.1 Global Companion Diagnostic Revenue and Share by Players (2015-2020)

3.2 Market Concentration Rate

3.2.1 Top 5 Companion Diagnostic Players Market Share

3.2.2 Top 10 Companion Diagnostic Players Market Share

3.3 Market Competition Trend

4 Market Size by Regions

4.1 Global Companion Diagnostic Revenue and Market Share by Regions

4.2 North America Companion Diagnostic Revenue and Growth Rate (2015-2020)

4.3 Europe Companion Diagnostic Revenue and Growth Rate (2015-2020)

4.4 Asia-Pacific Companion Diagnostic Revenue and Growth Rate (2015-2020)

4.5 South America Companion Diagnostic Revenue and Growth Rate (2015-2020)

4.6 Middle East & Africa Companion Diagnostic Revenue and Growth Rate (2015-2020)

5 North America Companion Diagnostic Revenue by Countries

5.1 North America Companion Diagnostic Revenue by Countries (2015-2020)

5.2 USA Companion Diagnostic Revenue and Growth Rate (2015-2020)

5.3 Canada Companion Diagnostic Revenue and Growth Rate (2015-2020)

5.4 Mexico Companion Diagnostic Revenue and Growth Rate (2015-2020)

6 Europe Companion Diagnostic Revenue by Countries

6.1 Europe Companion Diagnostic Revenue by Countries (2015-2020)

6.2 Germany Companion Diagnostic Revenue and Growth Rate (2015-2020)

6.3 UK Companion Diagnostic Revenue and Growth Rate (2015-2020)

6.4 France Companion Diagnostic Revenue and Growth Rate (2015-2020)

6.5 Russia Companion Diagnostic Revenue and Growth Rate (2015-2020)

6.6 Italy Companion Diagnostic Revenue and Growth Rate (2015-2020)

7 Asia-Pacific Companion Diagnostic Revenue by Countries

7.1 Asia-Pacific Companion Diagnostic Revenue by Countries (2015-2020)

7.2 China Companion Diagnostic Revenue and Growth Rate (2015-2020)

7.3 Japan Companion Diagnostic Revenue and Growth Rate (2015-2020)

7.4 Korea Companion Diagnostic Revenue and Growth Rate (2015-2020)

7.5 India Companion Diagnostic Revenue and Growth Rate (2015-2020)

7.6 Southeast Asia Companion Diagnostic Revenue and Growth Rate (2015-2020)

8 South America Companion Diagnostic Revenue by Countries

8.1 South America Companion Diagnostic Revenue by Countries (2015-2020)

8.2 Brazil Companion Diagnostic Revenue and Growth Rate (2015-2020)

8.3 Argentina Companion Diagnostic Revenue and Growth Rate (2015-2020)

9 Middle East & Africa Revenue Companion Diagnostic by Countries

9.1 Middle East & Africa Companion Diagnostic Revenue by Countries (2015-2020)

9.2 Saudi Arabia Companion Diagnostic Revenue and Growth Rate (2015-2020)

9.3 UAE Companion Diagnostic Revenue and Growth Rate (2015-2020)

9.4 Egypt Companion Diagnostic Revenue and Growth Rate (2015-2020)

9.5 South Africa Companion Diagnostic Revenue and Growth Rate (2015-2020)

10 Market Size Segment by Type

10.1 Global Companion Diagnostic Revenue and Market Share by Type (2015-2020)

10.2 Global Companion Diagnostic Market Forecast by Type (2019-2024)

10.3 Assay Kits Revenue Growth Rate (2015-2025)

10.4 Reagents Revenue Growth Rate (2015-2025)

11 Global Companion Diagnostic Market Segment by Application

11.1 Global Companion Diagnostic Revenue Market Share by Application (2015-2020)

11.2 Companion Diagnostic Market Forecast by Application (2019-2024)

11.3 Pharmaceutical & Biopharmaceutical Companies Revenue Growth (2015-2020)

11.4 Laboratories Revenue Growth (2015-2020)

11.5 Other Revenue Growth (2015-2020)

12 Global Companion Diagnostic Market Size Forecast (2021-2025)

12.1 Global Companion Diagnostic Market Size Forecast (2021-2025)

12.2 Global Companion Diagnostic Market Forecast by Regions (2021-2025)

12.3 North America Companion Diagnostic Revenue Market Forecast (2021-2025)

12.4 Europe Companion Diagnostic Revenue Market Forecast (2021-2025)

12.5 Asia-Pacific Companion Diagnostic Revenue Market Forecast (2021-2025)

12.6 South America Companion Diagnostic Revenue Market Forecast (2021-2025)

12.7 Middle East & Africa Companion Diagnostic Revenue Market Forecast (2021-2025)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source

14.3 Disclaimer

14.4 About US


List of Tables

Table 1. Global Companion Diagnostic Revenue (USD Million) by Type: 2015 VS 2019 VS 2025

Table 2. Breakdown of Companion Diagnostic by Company Type (Tier 1, Tier 2 and Tier 3)

Table 3. Global Companion Diagnostic Revenue (USD Million) by Application: 2015 VS 2019 VS 2025

Table 4. Global Market Companion Diagnostic Revenue (Million USD) Comparison by Regions 2015-2025

Table 5. Abbott Laboratories Corporate Information, Location and Competitors

Table 6. Abbott Laboratories Companion Diagnostic Major Business

Table 7. Abbott Laboratories Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 8. Abbott Laboratories SWOT Analysis

Table 9. Abbott Laboratories Companion Diagnostic Product and Solutions

Table 10. Abbott Laboratories Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 11. Thermo Fisher Scientific Corporate Information, Location and Competitors

Table 12. Thermo Fisher Scientific Companion Diagnostic Major Business

Table 13. Thermo Fisher Scientific Companion Diagnostic Total Revenue (USD Million) (2018-2019)

Table 14. Thermo Fisher Scientific SWOT Analysis

Table 15. Thermo Fisher Scientific Companion Diagnostic Product and Solutions

Table 16. Thermo Fisher Scientific Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 17. Illumina Corporate Information, Location and Competitors

Table 18. Illumina Companion Diagnostic Major Business

Table 19. Illumina Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 20. Illumina SWOT Analysis

Table 21. Illumina Companion Diagnostic Product and Solutions

Table 22. Illumina Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 23. Agilent Technologies Corporate Information, Location and Competitors

Table 24. Agilent Technologies Companion Diagnostic Major Business

Table 25. Agilent Technologies Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 26. Agilent Technologies SWOT Analysis

Table 27. Agilent Technologies Companion Diagnostic Product and Solutions

Table 28. Agilent Technologies Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 29. Roche Corporate Information, Location and Competitors

Table 30. Roche Companion Diagnostic Major Business

Table 31. Roche Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 32. Roche SWOT Analysis

Table 33. Roche Companion Diagnostic Product and Solutions

Table 34. Roche Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 35. Danaher Corporate Information, Location and Competitors

Table 36. Danaher Companion Diagnostic Major Business

Table 37. Danaher Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 38. Danaher SWOT Analysis

Table 39. Danaher Companion Diagnostic Product and Solutions

Table 40. Danaher Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 41. Novartis Corporate Information, Location and Competitors

Table 42. Novartis Companion Diagnostic Major Business

Table 43. Novartis Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 44. Novartis SWOT Analysis

Table 45. Novartis Companion Diagnostic Product and Solutions

Table 46. Novartis Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 47. Qiagen Corporate Information, Location and Competitors

Table 48. Qiagen Companion Diagnostic Major Business

Table 49. Qiagen Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 50. Qiagen SWOT Analysis

Table 51. Qiagen Companion Diagnostic Product and Solutions

Table 52. Qiagen Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 53. Myriad Genetics Corporate Information, Location and Competitors

Table 54. Myriad Genetics Companion Diagnostic Major Business

Table 55. Myriad Genetics Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 56. Myriad Genetics SWOT Analysis

Table 57. Myriad Genetics Companion Diagnostic Product and Solutions

Table 58. Myriad Genetics Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 59. Sysmex Corporate Information, Location and Competitors

Table 60. Sysmex Companion Diagnostic Major Business

Table 61. Sysmex Companion Diagnostic Total Revenue (USD Million) (2017-2018)

Table 62. Sysmex SWOT Analysis

Table 63. Sysmex Companion Diagnostic Product and Solutions

Table 64. Sysmex Companion Diagnostic Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 65. Global Companion Diagnostic Revenue (Million USD) by Players (2015-2020)

Table 66. Global Companion Diagnostic Revenue Share by Players (2015-2020)

Table 67. Global Companion Diagnostic Revenue (Million USD) by Regions (2015-2020)

Table 68. Global Companion Diagnostic Revenue Market Share by Regions (2015-2020)

Table 69. North America Companion Diagnostic Revenue by Countries (2015-2020)

Table 70. North America Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Table 71. Europe Companion Diagnostic Revenue (Million USD) by Countries (2015-2020)

Table 72. Asia-Pacific Companion Diagnostic Revenue (Million USD) by Countries (2015-2020)

Table 73. South America Companion Diagnostic Revenue by Countries (2015-2020)

Table 74. South America Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Table 75. Middle East and Africa Companion Diagnostic Revenue (Million USD) by Countries (2015-2020)

Table 76. Middle East and Africa Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Table 77. Global Companion Diagnostic Revenue (Million USD) by Type (2015-2020)

Table 78. Global Companion Diagnostic Revenue Share by Type (2015-2020)

Table 79. Global Companion Diagnostic Revenue Forecast by Type (2021-2025)

Table 80. Global Companion Diagnostic Revenue by Application (2015-2020)

Table 81. Global Companion Diagnostic Revenue Share by Application (2015-2020)

Table 82. Global Companion Diagnostic Revenue Forecast by Application (2021-2025)

Table 83. Global Companion Diagnostic Revenue (Million USD) Forecast by Regions (2021-2025)

List of Figures

Figure 1. Companion Diagnostic Picture

Figure 2. Global Companion Diagnostic Revenue Market Share by Type in 2019

Figure 3. Assay Kits Picture

Figure 4. Reagents Picture

Figure 5. Companion Diagnostic Revenue Market Share by Application in 2019

Figure 6. Pharmaceutical & Biopharmaceutical Companies Picture

Figure 7. Laboratories Picture

Figure 8. Other Picture

Figure 9. Global Companion Diagnostic Revenue (USD Million) and Growth Rate (2015-2025)

Figure 10. North America Companion Diagnostic Revenue (Million USD) and Growth Rate (2015-2025)

Figure 11. Europe Companion Diagnostic Revenue (Million USD) and Growth Rate (2015-2025)

Figure 12. Asia-Pacific Companion Diagnostic Revenue (Million USD) and Growth Rate (2015-2025)

Figure 13. South America Companion Diagnostic Revenue (Million USD) and Growth Rate (2015-2025)

Figure 14. Middle East and Africa Companion Diagnostic Revenue (Million USD) and Growth Rate (2015-2025)

Figure 15. Global Companion Diagnostic Revenue (Million USD) and Growth Rate (2015-2025)

Figure 16. Global Companion Diagnostic Revenue Share by Players in 2019

Figure 17. Global Top 5 Players Companion Diagnostic Revenue Market Share in 2019

Figure 18. Global Top 10 Players Companion Diagnostic Revenue Market Share in 2019

Figure 19. Key Players Market Share Trend

Figure 20. Global Companion Diagnostic Revenue (Million USD) and Growth Rate (%) (2015-2020)

Figure 21. Global Companion Diagnostic Revenue Market Share by Regions (2015-2020)

Figure 22. Global Companion Diagnostic Revenue Market Share by Regions in 2018

Figure 23. North America Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 24. Europe Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 25. Asia-Pacific Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 26. South America Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 27. Middle East and Africa Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 28. North America Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Figure 29. North America Companion Diagnostic Revenue Market Share by Countries in 2019

Figure 30. USA Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 31. Canada Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 32. Mexico Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 33. Europe Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Figure 34. Europe Companion Diagnostic Revenue Market Share by Countries in 2019

Figure 35. Germany Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 36. UK Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 37. France Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 38. Russia Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 39. Italy Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 40. Asia-Pacific Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Figure 41. Asia-Pacific Companion Diagnostic Revenue Market Share by Countries in 2019

Figure 42. China Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 43. Japan Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 44. Korea Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 45. India Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 46. Southeast Asia Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 47. South America Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Figure 48. South America Companion Diagnostic Revenue Market Share by Countries in 2019

Figure 49. Brazil Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 50. Argentina Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 51. Middle East and Africa Companion Diagnostic Revenue Market Share by Countries (2015-2020)

Figure 52. Middle East and Africa Companion Diagnostic Revenue Market Share by Countries in 2019

Figure 53. Saudi Arabia Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 54. UAE Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 55. Egypt Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 56. South Africa Companion Diagnostic Revenue and Growth Rate (2015-2020)

Figure 57. Global Companion Diagnostic Revenue Share by Type (2015-2020)

Figure 58. Global Companion Diagnostic Revenue Share by Type in 2019

Figure 59. Global Companion Diagnostic Market Share Forecast by Type (2021-2025)

Figure 60. Global Assay Kits Revenue Growth Rate (2015-2020)

Figure 61. Global Reagents Revenue Growth Rate (2015-2020)

Figure 62. Global Companion Diagnostic Revenue Share by Application (2015-2020)

Figure 63. Global Companion Diagnostic Revenue Share by Application in 2019

Figure 64. Global Companion Diagnostic Market Share Forecast by Application (2021-2025)

Figure 65. Global Pharmaceutical & Biopharmaceutical Companies Revenue Growth Rate (2015-2020)

Figure 66. Global Laboratories Revenue Growth Rate (2015-2020)

Figure 67. Global Other Revenue Growth Rate (2015-2020)

Figure 68. Global Companion Diagnostic Revenue (Million USD) and Growth Rate Forecast (2021-2025)

Figure 69. Global Companion Diagnostic Revenue (Million USD) Forecast by Regions (2021-2025)

Figure 70. Global Companion Diagnostic Revenue Market Share Forecast by Regions (2021-2025)

Figure 71. North America Companion Diagnostic Revenue Market Forecast (2021-2025)

Figure 72. Europe Companion Diagnostic Revenue Market Forecast (2021-2025)

Figure 73. Asia-Pacific Companion Diagnostic Revenue Market Forecast (2021-2025)

Figure 74. South America Companion Diagnostic Revenue Market Forecast (2021-2025)

Figure 75. Middle East and Africa Companion Diagnostic Revenue Market Forecast (2021-2025)

Figure 76. Sales Channel: Direct Channel vs Indirect Channel

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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