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US Biomarker Technologies Market Research Report: By Product (Consumables, Instruments), By Profiling Technology (PCR, Imaging Technology, NGS), By Application (Cancer, Infectious Disease) and By Research Area (Genomics, Proteomics) - Forecast to 2035


ID: MRFR/LS/11748-HCR | 100 Pages | Author: Garvit Vyas| December 2023

US Biomarker Technologies Market Overview


As per MRFR analysis, the US Biomarker Technologies Market Size was estimated at 9.74 (USD Billion) in 2023. The US Biomarker Technologies Market Industry is expected to grow from 10.8(USD Billion) in 2024 to 25 (USD Billion) by 2035. The US Biomarker Technologies Market CAGR (growth rate) is expected to be around 7.929% during the forecast period (2025 - 2035).


Key Trends of US Biomarker Technologies Market Highlighted


In the US Biomarker Technologies Market, several important trends are significantly shaping the landscape. One of the key market drivers is the increasing incidence of chronic diseases, which has heightened the demand for efficient diagnostic tools. The Centers for Disease Control and Prevention (CDC) indicates that chronic illnesses such as heart disease and cancer remain leading causes of death in the United States.


As a result, healthcare providers are increasingly relying on biomarker technologies to improve early detection and treatment customization, leading to better patient outcomes. Opportunities to be explored include the potential of personalized medicine, where biomarker technologies can facilitate tailored therapeutic strategies. This approach aligns with the national initiative to advance precision medicine, as outlined by the National Institutes of Health (NIH).


There is a growing investment in research and development as well as collaborations between academic institutions and biotech companies, fostering innovation in biomarker identification and validation. Recent trends highlight a strong move towards integrating artificial intelligence and machine learning in biomarker discovery. These technologies not only enhance the efficiency of data analysis but also open avenues for discovering new biomarkers that could lead to groundbreaking treatments.


Furthermore, regulatory agencies like the Food and Drug Administration (FDA) are actively working on frameworks to expedite the review process for biomarker-based diagnostics, thereby supporting their deployment in clinical settings. Overall, the US Biomarker Technologies Market is poised for dynamic growth, driven by advancements in technology, increasing investment in research, and the imperative need for better healthcare solutions.


US Biomarker Technologies Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Biomarker Technologies Market Drivers


Rising Incidence of Chronic Diseases


The US Biomarker Technologies Market Industry is significantly driven by the increasing occurrence of chronic diseases such as cancer, cardiovascular diseases, and diabetes. Chronic diseases have become a major public health concern in the United States, with the Centers for Disease Control and Prevention (CDC) reporting that 6 in 10 adults in the US live with at least one chronic condition. The National Cancer Institute has also indicated that the total number of new cancer cases is projected to rise to over 1.9 million by the year 2025.


This surge in chronic disease prevalence creates a high demand for advanced biomarker technologies to improve diagnostics and treatment options, subsequently driving market growth. Major companies like Roche and Thermo Fisher Scientific are investing heavily in Research and Development to innovate and enhance biomarker assays aimed specifically at chronic disease management, further boosting the market dynamics.


Technological Advancements in Biomarker Discovery


Technological innovations in biomarker discovery techniques, including genomic sequencing, proteomics, and metabolomics, are transforming the US Biomarker Technologies Market Industry. The National Institutes of Health (NIH) have reported that advancements in next-generation sequencing (NGS) technology have made genetic testing more accessible and cost-effective. This democratization of technology allows for larger datasets and more comprehensive analyses, which are critical for the identification of novel biomarkers.


Companies like Illumina and Qiagen are at the forefront of these advancements, with NGS technologies that are enabling breakthroughs in personalized medicine and targeted therapies.


Increased Investment in Precision Medicine


The shift towards precision medicine has become a significant driver for the US Biomarker Technologies Market Industry, as healthcare providers focus on tailored treatments based on individual patient profiles. The National Research Council emphasizes that investment in precision medicine initiatives is expected to reach $180 billion annually by 2025, indicating strong governmental and private sector support. This growing investment is fostering collaborations between biotechnology firms and pharmaceutical companies, leading to innovative biomarker development and integration into clinical practices.


Established organizations such as Pfizer and Merck are increasingly engaging in partnerships that prioritize biomarker usage in drug development, further catalyzing market growth.


US Biomarker Technologies Market Segment Insights


Biomarker Technologies Market Product Insights


The US Biomarker Technologies Market is experiencing significant growth, particularly in the Product segment, which includes vital components like Consumables and Instruments. Consumables play a crucial role in the laboratory and clinical settings, serving as essential supplies for various biomarker assays and testing protocols. Their consistent demand is attributed to the ongoing research and diagnostics aimed at improving patient outcomes and understanding disease mechanisms.


On the other hand, Instruments represent a major technological component within the market, enabling accurate and efficient analysis of biomarkers. They assist in the automation of laboratory processes and enhance the overall throughput of diagnostic tests. The developments in instrument technologies are driving innovation in the market, fostering advancements in precision medicine, and facilitating targeted therapies.


The growth drivers within the US are largely influenced by the rise in chronic diseases, increasing investment in Research and Development (R&D), and a growing emphasis on personalized medicine. Challenges such as regulatory hurdles and high costs of advanced biomarker tests may impact market dynamics. However, opportunities abound in the form of collaborations between biotechnology firms and research institutions, pushing forward the boundaries of biomarker applications in early disease detection and prognostic evaluation.


As the US continues to dominate in healthcare innovations, both Consumables and Instruments in the Biomarker Technologies Market are projected to thrive, shaping the future of medical diagnostics and treatment strategies across various sectors.


US Biomarker Technologies Market segment


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Biomarker Technologies Market Profiling Technology Insights


The Profiling Technology segment within the US Biomarker Technologies Market is an evolving field that plays a critical role in precision medicine and diagnostics. With an increasing demand for personalized therapies, various technologies such as Polymerase Chain Reaction (PCR), Imaging Technology, and Next-Generation Sequencing (NGS) are gaining prominence. PCR is known for its rapid and accurate amplification of nucleic acids, making it essential for disease detection and molecular diagnostics.


Imaging Technology offers vital insights into biological processes, enabling non-invasive monitoring of disease progression, which is crucial for early intervention, especially in cancer care. NGS has transformed genomic research through its ability to sequence an entire genome, facilitating discoveries in gene function and disease pathways. Together, these technologies contribute significantly toward advancing the field of biomarker discovery, leading to more effective disease management strategies and enhancing patient care in the US healthcare environment.


As such, the Profiling Technology segment is poised to drive substantial growth while addressing the complexities of various diseases through improved diagnostic capabilities and therapeutic developments.


Biomarker Technologies Market Application Insights


The Application segment of the US Biomarker Technologies Market encompasses vital areas such as Cancer and Infectious Disease, which are increasingly important in healthcare and precision medicine. With a significant focus on early detection and monitoring of diseases, the Cancer application is crucial as it helps identify biomarkers that can lead to personalized treatment strategies, ultimately improving patient outcomes.


Infectious Disease applications leverage advanced biomarker technologies to enhance the speed and accuracy of disease diagnosis, facilitating timely interventions crucial for public health management. The growing prevalence of chronic diseases and the rising demand for targeted therapies are key drivers contributing to this segment's expansion. Moreover, advancements in biotechnology, such as next-generation sequencing and proteomics, are unlocking new opportunities for both Cancer and Infectious Disease applications, showcasing their significance in addressing complex health challenges.


Healthcare stakeholders in the US are actively pursuing these innovations, reflecting a robust commitment to improving patient care and outcomes within the US Biomarker Technologies Market. The supportive regulatory frameworks and increased funding for research further bolster the growth prospects in this sector, making it a focal point for industry advancements and breakthroughs.


Biomarker Technologies Market Research Area Insights


The US Biomarker Technologies Market is gaining momentum across various research areas, prominently featuring Genomics and Proteomics. As biotechnology continues to evolve, Genomics has emerged as a critical component in personalized medicine, enabling the analysis of an individual's genetic makeup for tailored therapeutic strategies. This focus on genetic insights aids in disease prevention, diagnosis, and treatment, contributing to the rising demand for genomic technologies within the healthcare sector.


Meanwhile, Proteomics plays a significant role in understanding complex biological systems through the analysis of protein expressions, which is vital for drug development and biomarker discovery. The integration of advanced technologies in these areas is expected to revolutionize disease management, enhance diagnostics, and streamline the Research and Development processes. Growing investments in genomic and proteomic research underscore their importance, driving innovation and laying the foundation for improved patient outcomes.


The advancements in these fields offer vast opportunities, addressing the challenges of disease heterogeneity and ultimately promoting the growth of the US Biomarker Technologies Market.


US Biomarker Technologies Market Key Players and Competitive Insights


US Biomarker Technologies Market Key Players and Competitive Insights


The US Biomarker Technologies Market is a rapidly evolving segment characterized by significant innovation and competitive dynamics driven by a diverse range of players. As healthcare continues to advance through precision medicine, biomarker technologies play a critical role in drug development, diagnostics, and personalized treatment plans. Companies in this space are striving to enhance patient outcomes by integrating sophisticated technologies for discovering, validating, and applying biomarkers across various diseases, particularly in oncology and chronic conditions.


The competitive landscape is marked by strategic collaborations, substantial investments in research and development, and ongoing regulatory advancements, which aim to foster the growth and efficacy of biomarker applications. The market is becoming increasingly competitive as new entrants and established firms vie for market share and customer loyalty by leveraging technology and addressing unmet clinical needs.


Key Companies in the US Biomarker Technologies Market Include


Merck and Co stands out within the US Biomarker Technologies Market due to its robust portfolio and strong market presence. The company focuses on developing innovative biomarker-driven therapies, particularly in oncology, infectious diseases, and autoimmune disorders. Merck's extensive R&D capabilities allow it to not only create novel therapeutic options but also advance biomarker discovery, enhancing patient stratification and treatment protocols. Furthermore, Merck benefits from strategic partnerships and collaborations that extend its reach and influence within the market, enabling it to stay ahead in terms of technological advancements and clinical insights. The company’s commitment to leveraging biomarker technologies in developing personalized medicine distinguishes it from competitors and solidifies its status as a leader in the US.


Illumina represents another key player in the US Biomarker Technologies Market, renowned for its innovative sequencing technologies and genomic analysis solutions. The company’s key products and services include next-generation sequencing systems, array-based solutions, and software for data analysis, all of which are vital tools for biomarker discovery and validation. Illumina has established a solid market presence, supported by its continuous push for technological advancements and vast applications encompassing oncology, reproductive health, and rare diseases. The company’s strengths lie in its advanced technological platform, extensive customer base, and robust collaborations with research institutes and healthcare organizations.


Furthermore, Illumina has been engaged in strategic mergers and acquisitions to expand its capabilities and product offerings, positioning itself at the forefront of the biomarker technology landscape in the US. Such strategic moves not only bolster its market position but also enhance its ability to cater to the evolving needs of researchers and clinicians in biomarker discovery and application.


Key Companies in the US Biomarker Technologies Market Include



  • Merck and Co

  • Illumina

  • BioRad Laboratories

  • Roche Diagnostics

  • BristolMyers Squibb

  • Abbott Laboratories

  • PerkinElmer

  • Thermo Fisher Scientific

  • Agilent Technologies

  • Siemens Healthineers

  • Amgen

  • GE Healthcare

  • Johnson and Johnson

  • GSK

  • Qiagen


US Biomarker Technologies Market Industry Developments


The US Biomarker Technologies Market has seen several noteworthy developments recently. In June 2023, Merck and Co. launched a significant biomarker discovery initiative focused on improving diagnostic accuracy for cancer therapies. Illumina announced advancements in next-generation sequencing technology, enhancing the ability to identify potential biomarkers for rare diseases in April 2023. Bio-Rad Laboratories also revealed new multiplex biomarker assays aimed at improving research efficiencies in March 2023.


Additionally, Bio-Rad Laboratories entered into an alliance with Thermo Fisher Scientific to enhance innovation in molecular diagnostics in May 2023. Notably, Roche Diagnostics’ acquisition of a precision medicine startup in August 2022 has strengthened its position in biomarker development. The market is experiencing growth, with companies like Bristol-Myers Squibb and Abbott Laboratories investing heavily in Research and Development to expand their biomarker portfolios.


The increased focus on personalized medicine is fueling demand for advanced biomarker technologies, leading to a positive market valuation. As of October 2023, the ongoing collaborations and acquisitions reflect a thriving environment within the US Biomarker Technologies Market, with companies committed to improving diagnostic and therapeutic capabilities.


US Biomarker Technologies Market Segmentation Insights


Biomarker Technologies Market Product Outlook



  • Consumables

  • Instruments


Biomarker Technologies Market Profiling Technology Outlook



  • PCR

  • Imaging Technology

  • NGS


Biomarker Technologies Market Application Outlook



  • Cancer

  • Infectious Disease


Biomarker Technologies Market Research Area Outlook



  • Genomics

  • Proteomics

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 9.74(USD Billion)
MARKET SIZE 2024 10.8(USD Billion)
MARKET SIZE 2035 25.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.929% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Merck and Co, Illumina, BioRad Laboratories, Roche Diagnostics, BristolMyers Squibb, Abbott Laboratories, PerkinElmer, Thermo Fisher Scientific, Agilent Technologies, Siemens Healthineers, Amgen, GE Healthcare, Johnson and Johnson, GSK, Qiagen
SEGMENTS COVERED Product, Profiling Technology, Application, Research Area
KEY MARKET OPPORTUNITIES Precision medicine advancements, Rising cancer diagnostics demand, Companion diagnostics growth, Increased funding for research, Integration with digital health technologies
KEY MARKET DYNAMICS Technological advancements, Rising prevalence of diseases, Increasing demand for personalized medicine, Growing research and development investments, Regulatory support and funding opportunities
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Biomarker Technologies Market is expected to be valued at 10.8 USD Billion in 2024.

By 2035, the US Biomarker Technologies Market is anticipated to reach a value of 25.0 USD Billion.

The US Biomarker Technologies Market is projected to have a CAGR of 7.929% from 2025 to 2035.

In 2024, the Consumables segment is valued at 5.2 USD Billion within the US Biomarker Technologies Market.

The Instruments segment is expected to reach a market value of 13.0 USD Billion by 2035.

Key players in the market include Merck and Co, Illumina, BioRad Laboratories, Roche Diagnostics, and Abbott Laboratories.

The market may face challenges related to regulatory hurdles and the growing demand for personalized medicine.

Opportunities for growth are driven by advancements in technology and increasing applications in drug discovery and development.

The current economic climate can lead to fluctuations in investment and resource allocation within the market.

Key applications in the market include diagnostic tests, drug development, and personalized medicine initiatives.

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