What is Cancer Antigen?
Cancer antigens are antigenic substances produced in tumor cells. It is a type of proteins secreted into the bloodstream that are produced by cancer cells. Antigens are derived from normal DNA expressions in healthy cells are not immunogenic. These antigens are used in immunotherapy-based treatments. With the advent of next-generation technologies, the identification of cancer antigens is becoming more important. The cancer antigens are used as a marker for the detection of various types of cancer such as ovarian, breast, and others. According to the world health organization (WHO), Cancer is the second top cause of death worldwide, accounting for an estimated 9.6 million deaths, or one in six deaths, in 2018. Lung, prostate, colorectal, stomach, and liver cancer are the majority general types of cancer in men, while breast, colorectal, lung, cervical, and thyroid cancer are the most common among women. The increasing number of cancer cases globally will create new opportunities for market growth in the forecast period
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Labor Diagnostika Nord (Germany), Henso Medical (Hangzhou), Multisciences (Lianke) Biotech (China), Thermo Fisher Scientific (United States), Boehringer Ingelheim (Germany), Xiamen Baysen Medica Tech (China), Labor Diagnostika Nord GmbH & CoKG (Germany), Roche Holding AG. (Switzerland), Diagnostic Automation/Cortez Diagnostics, Inc. (United States), MyBioSource, Inc. (United States) and Hangzhou AllTest Biotech CO. (China) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Cancer Antigen 125, Cancer Antigen 15-3, Cancer Antigen 27-29, Cancer Antigen 19-9 and Others) , by application (Hospitals, Diagnostic Centres, Ambulatory Surgical Centres and Others) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cancer Antigen market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Cancer Antigen market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Labor Diagnostika Nord (Germany), Henso Medical (Hangzhou), Multisciences (Lianke) Biotech (China), Thermo Fisher Scientific (United States), Boehringer Ingelheim (Germany), Xiamen Baysen Medica Tech (China), Labor Diagnostika Nord GmbH & CoKG (Germany), Roche Holding AG. (Switzerland), Diagnostic Automation/Cortez Diagnostics, Inc. (United States), MyBioSource, Inc. (United States) and Hangzhou AllTest Biotech CO. (China).
Market Overview:
In January 2021, Boehringer Ingelheim entered into strategic collaboration and licensing agreement with Enara Bio to research and develop novel targeted cancer immunotherapies, leveraging Enara Bio’s Dark Antigen discovery platform. This collaboration is estimated to offer additional validation of Enara Bio’s EDAPT platform and Dark Antigen discovery work and supports ongoing cell therapy-based therapeutic approach. Thus, it strengthens Boehringer Ingelheim’s position in the cancer vaccine and T-cell engager spaces.
The cancer saddle continues to rise worldwide, exerting tremendous physical, emotional, and financial strain on individuals, families, communities, and health systems. lots of health systems in low- and middle-income countries are slightest prepared to supervise this burden, and large numbers of cancer patients worldwide do not have access to timely quality diagnosis and treatment. In countries where health systems are well-built, endurance rates of many types of cancers are humanizing thanks to easy to get to early detection, quality treatment and survivorship care. The Cancer Antigen Market Size is Driven worldwide by advancement in technology and innovations. Companies are ready to invest enormously in R&D operatins to offer distinguish solutions and gain maximum market share.
Influencing Trend:
Developing Improved Formulations of Cancer Antigen Compounds
Market Growth Drivers:
Rise In Cancer Occurrence across the World is the Key Driving Factor of Growth and Growing Inclination of Populace for the consumption of Alcohol, Sedentary lifestyles are the Major Factors that which have Contributed to Cancer Prevalence is Booming the Market Growth
Challenges:
Stringent Government Rules and Regulations
Restraints:
Lack of Awareness Regarding the Application of Cancer Antigen Test Kits
Opportunities:
Growing Number of Incidence of Cancer and Number of Diagnosed Cases Across the Globe Each Year has Risen Tremendously in the Past Years is Mounting the Growth Opportunities of the Cancer Antigen Market
Key highlights of the Global Cancer Antigen market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Cancer Antigen market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Cancer Antigen market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Cancer Antigen Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cancer Antigen market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Cancer Antigen market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Cancer Antigen Manufacturers and Suppliers, Academic Research Institutes, Hospitals and Clinics, Research and Development (R&D) Companies, Business Research and Consulting Service Providers, Medical Research Laboratories and Academic Medical Centers and Universities.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.