Global MRD Market to Reach $1.61 Billion by 2025

The premium market intelligence report published by BIS Research on the title Global MRD Testing Market highlights that the market is projected to reach $1.61 billion by 2025. The study also highlights that the market is set to witness a CAGR of 15.64% during the period between 2020 and 2025. The growth is aided by factors including increasing research funding from the National Cancer Institute and rising incidence of hematologic malignancies, among others.

Minimal residual disease (MRD) testing is an evolving testing regimen that has been driving initiatives in the management of hematological malignancy patients. It is currently one of the fastest-growing markets under the molecular diagnostics umbrella. MRD testing promises the integration of evolutionary molecular technologies into hematological malignancy care regimens, thereby driving tremendous growth in the overall hematological malignancies testing market.

The detailed study is a compilation of 12 Market Data Tables and 196 Figures spread through 262 Pages and in-depth TOC on "Global MRD Testing Market"

The comprehensive study covers the following:

Market numbers on micro-segments that are influencing the market Regulatory framework analysis and reimbursement scenario in developed and developing regionsSupply chain analysis for IVDs and LDTsMarket share analysis for all players providing molecular technologies for MRD assessmentGrowth share analysis for prominent companies, major technologies, applications, and end usersEnd-user preference data for over 50 end usersDetailed global and regional market share analysis including the scrutiny of more than 16 countries Study of data of more than 20 companies actively involved in pushing the boundaries of molecular MRD testing

The report is beneficial for

Manufacturers of assays and panels, operating in the field of oncology diagnostics.Emerging companies in the field of MRD testing to assess the market situation.View the Report from BIS Research: Global MRD Testing Market

The premium market intelligence by BIS Research additionally throws a spotlight on the opportunities existing in the market, such as the potential long-term cost savings, increasing market access in the emerging economies, and technological evolution of testing, among others.

To gain a holistic view of the market, data from different segments of the market has been analyzed minutely. These segments include types of technologies used, application areas, end users, and regions. The application and the region segment have been further sub-segmented to offer an in-depth analysis of the global MRD testing market.

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