According to the report, the North America biomarkers market is expected to reach USD 16.72 billion by 2020 from USD 9.57 billion in 2015, growing at a CAGR of 11.80% during forecast period 2015-2020.

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Biomarkers are described as the biological molecules or genes assist in crucial clinical decisions and diagnosis of health conditions in patients. These are also known as molecular markers or signature molecules and used to analyze the pharmacologic responses, biological & pathological conditions. Biomarkers are found extensively in body fluids and tissues. Biomarkers are helpful in drug discovery & development processes and assessment of disease conditions.

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Growing number of cancer patients, rising adoption of advanced technologies (such as advanced high throughput technologies), increasing research to discover & develop the innovative biomarkers, and existence of huge number of pharmaceutical companies are driving the growth of biomarkers market in North America. In addition, growing funding from public & private organizations, presence of major market players, and increasing collaborations among the pharmaceutical companies are further propelling the growth of biomarkers market in North America. However, poor regulatory systems and reimbursement policies for the validation of biomarkers tests are restraining the growth of biomarkers market in North America.

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Market Segmentation

Product                                                               
Consumables                                                         
Software                                                  
Services Growth Hormone Therapy                                         
Type                                                     
Safety Biomarkers                                                               
Efficacy Biomarkers                                                             
Validation Biomarkers                                                        
Application                                                        
Diagnostics Development                                                 
Drug Discovery and Development                                                
Personalised Medicine                                                      
Disease Risk Assessment                                                  
Other Applications                                                               
Disease Indications                                                        
Cancer                                                      
CardiovascularDisorders                                                    
Neurological Disorders                                                       
Immunological Disorders                                                  
Other Diseases   On the basis of geographical areas, North America biomarkers market is segmented as U.S., and Canada.

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The key players in biomarkers market include, Bio-Rad Laboratories (U.S.), Qiagen N.V. (Netherlands), Enzo Biochem (U.S.), PerkinElmer, Inc. (U.S.), Merck & Co, Inc. (U.S.), EKF Diagnostics Holdings plc. (U.S.), Meso Scale Diagnostics, LLC (U.S.), Singulex, Inc. (U.S.), BioSims Technologies (France), Cisbio Bioassays (France), and Signosis, Inc. (U.S.).

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