HER2 Testing Breakthrough: Insights into the USD 221.32 Mn Market Projection by 2029


Posted December 27, 2023 by sswadekar

Global HER 2 Testing Market size was valued at USD 136.04 Mn in 2022 and is expected to reach USD 221.32 Mn by 2029, at a CAGR of 7.2 %.
 
HER 2 Testing Market :size was valued at USD 136.04 Mn in 2022 and is expected to reach USD 221.32 Mn by 2029, at a CAGR of 7.2 %.

HER 2 Testing Market Overview

The report serves as a comprehensive guide for investors, stakeholders, and market followers of the HER 2 Testing Market. It offers an in-depth analysis of the market size, segmentation, drivers, and restraints. Factors that are expected to impact the industry positively or negatively are also included, providing decision-makers with a clear understanding of the HER 2 Testing industry's future outlook.

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HER 2 Testing Market Report Scope and Research Methodology

The research for this report employs a combination of primary and secondary research methods to provide a detailed and accurate analysis of the HER 2 Testing Market. The bottom-up approach is utilized to estimate the market size, while secondary research is used to identify key players in the market. Primary research involves conducting interviews with significant opinion leaders and industry experts, including business owners and marketing specialists. Secondary research involves a thorough review of the annual and financial reports of top manufacturers to calculate their market revenues.

HER 2 Testing Market Regional Insights :

The research includes a global-level regional analysis, providing a comprehensive understanding of the dominant market share and penetration in different regions. It also highlights emerging regions expected to become major markets for HER 2 Testing . The report encompasses a competitive analysis, focusing on growth models, new strategies, and technologies adopted by key players in the market.

HER 2 Testing Market Segmentation :

The market is divided into four segments based on the kind of cancer: ovarian, bladder, gastric, and breast cancer. Over the course of the projection period, breast cancer is anticipated to have the greatest growth rate in the HER 2 testing market. The risk factors that raise the incidence of breast cancer include ageing, genetic mutations, reproductive history, having thick breasts, having a personal or family history of the disease, and drug exposure. HER3 genes change and produce additional copies of themselves in breast cancer. The purpose of HER2 testing is to determine whether the cancer is HER-2 positive and to determine whether the malignancy is responding to treatment or coming back after it has been stopped.

The market is divided into Hospitals, Diagnostic Laboratories, Specialty Clinics, and Others based on the end users. In 2022, hospitals will hold the top spot in the industry and are predicted to develop rapidly. This test was primarily used by clinicians in hospitals to identify tumours with higher-than-normal amounts of the HER2 protein or cancer cells with an excessive number of HER2 gene copies. Hospital laboratories examine a sample of breast cancer tissue retrieved during surgery or biopsy for HER2 levels in invasive breast tumours. Rather than diagnostic labs, the hospitals are equipped with state-of-the-art medical technology. The Fluorescence in Situ Hybridization (FISH) apparatuses are readily accessible and a crucial prerequisite for the HER 2 examination.

HER 2 Testing Market Key Players :

1. Abbot 2. Roche 3. Agilent Technologies,Inc. 4. Thermo Fisher Scientific Inc. 5. Empire Genomics Inc.(Bio care Medical LLC) 6. Abnova Corporation 7. Oxford Gene Technology IP limited 8. BCRF 9. Genetech 10. Genemed Technologies Inc. 11. PERKINELMER Inc. 12. QIAGEN 13. BioDot 14. BioGenex (U.S)

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Who held the largest market share in HER 2 Testing Market?
What is the HER 2 Testing market size of the dominating region?
What was the HER 2 Testing market size in 2022?
What is the expected HER 2 Testing market size by 2029?
What is the growth rate of the HER 2 Testing Market?
Which are the factors expected to drive the HER 2 Testing market growth?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Last Updated December 27, 2023