Theranostics is the fusion of drug
therapy and diagnostics to optimize effectiveness, safety, and
streamline drug development. Combination of medical drugs with
diagnostic tests is also known as integrated medicine,
pharmacodiagnostics, companion diagnostics, and Dx/Rx partnering.
Theranostics market is an emerging field which is generating strong
interest from healthcare industry and regulatory bodies. It is an
emerging clinical diagnostics field that focuses on developing specific
analysis to predict the use of most significant drug for patient. This
technique uses molecular assays to determine optimum dose of drug
necessary for patient. Cost and regulatory timelines are some of the
important challenges faced by this market.
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Improved cooperation between drug and
diagnostics companies will boost the success of theranostics industry.
Effective communication with physicians to know theranostics
penetration in market will lead to commercialization of this field.
Companies focusing on theranostics with licensed drugs are expected to
play major role in reaching out larger pharmaceutical companies.
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Market Segmentation
Segmentation Based on Applications
- Cancer
- Cardiovascular Diseases
- Neuro Disorders
This research report analyzes this
market depending on its market segments and major geographies. Major
geographies analyzed under this research study are North America,
Europe, Asia Pacific and Rest of the World. This report provides
complete analysis of market trends, industry growth drivers, restraints,
industry structure, and market projections for upcoming years. It also
includes analysis of technological developments in market, Porter’s
five force analysis, and detailed company profiles of top industry
players. This report provides review of micro and macro facts
significant for existing market players and new entrants with value
chain analysis.
Some of the major players in this
market are 23andMe, Abbott Laboratories, AmeriPath, Axis-Shield, Beckman
Coulter, Becton, Dickinson & Company, BIOTEC Laboratories,
bioTheranostics, Cellestis, Center for Disease Control and Prevention
(CDC), Dade Behring, Dianon Systems , Duke University, Dynacare
Laboratories, Enterix, EntroGen, Esoterix, European Diagnostic
Manufacturers Association (EDMA), European Medicines Evaluation Agency
(EMEA), Focus Diagnostics, Food and Drug Administration (FDA), Genetics
& Public Policy Center, HemoCue, Hologic, Home Access Health,
Laboratory Corporation of America, Litholink Corporation, Modern Health
Systems, Monogram Bioscience, Myriad Genetics, National Genetics
Institute, National Health Service (UK NHS), Navigenics, OraSure
Technologies, Oxford Immunotec, ParagonDx, Pathway Genomics, Pfizer
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Prometheus, Qiagen, Quest Diagnostics,
Radient Pharmaceuticals, Roche, Siemens, US LABS, Vermillion
Diagnostics, ViroMed Laboratories, Walgreens, Warner-Chilcott, World
Health Organization (WHO), and others.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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