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- Biotechnology
- HER2 Testing Market
HER2 Testing Market
HER2 Testing Market - Global Industry Analysis 2014 - 2018 and Forecast 2019 - 2029
Introduction
HER2 testing offers the advantage in determining and validating the biopsy by screening the sample for HER2 test offering advantage to the physicians in treatment and operating. The conventional method involves histochemical screening.
However more advanced breast cancer screening such as (Fish) are utilized to offer total patient diagnostic satisfaction although HER2 fish based testing is costly than traditional IHC method. ICH HER2 testing is one of the commonly used testing and denotes significant share in the HER2 testing market.
The growth rate of the HER2 testing market is propositionally related to the research and development in the cancer diagnostic technology, ensuing more advanced application in the cancer screening and HER2 diagnostic. According to the data from American Society of Clinical Oncology (ASCO) United States alone has enormous patient pool of breast cancer where approximately 62800 cases for in situ breast cancer including 1980 men and nearly 15% of cases will result in fatality owing to increasing Brest cancer.
The prevalence of breast cancer drastically decreased after year 2002 once the results from woman health initiative (WHI) study cited the relation among hormone replacement therapy and breast cancer. The response of the results marked a drastic reduction in HRT user and held 8% reduction in breast cancer.
According to a recent data from breast cancer research foundation (BCRF) it is anticipated that in 2019, around 272000 new patients of breast cancer is projected to be diagnosed in US woman population alone. The rapidly growing patient pool of normal and amplified level of HER2 in breast cancer is fuelling the growth of the HER2 testing market.
Signifying high growth opportunities for the HER2 testing kit manufacturers and HER2 testing service providers. Subsequently the increase in adoption of histopathology testing is anticipated to boost the market share of HER2 testing market.
The growing aid from nongovernment and government organizations, reimbursement policies for breast biopsy and diagnosis is estimated to surge the adoption of HER2 testing for breast cancer screening. The addition of SPoT-Light HER2 CISH test and Inform HER2 Dual ISH test is anticipated to offer accuracy and cost effective solution for Breast HER2 testing.
However, lower rate of regulatory approvals for HER2 testing and higher cost is anticipated to impede the growth of the HER2 testing market.
The report covers exhaustive analysis on:
- HER2 testing Market Segments
- HER2 testing Market Dynamics
- Historical Actual Market Size, 2014 - 2018
- HER2 testing Market Size & Forecast 2019 to 2029
- HER2 testing Agents Current Trends/Issues/Challenges
- Competition & Companies involved
- HER2 testing Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceana
- Middle East & Africa
Report Highlights:
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size
- Recent industry trends
- Key Competition landscape
- Strategies for key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
