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Pulmonary Fibrosis Biomarkers Market Trends

Report ID: GMI8456 Published Date: March 2024Report Format: PDF
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Pulmonary Fibrosis Biomarkers Market Trends

Market expansion is anticipated to be propelled by the rising prevalence of pulmonary fibrosis as it creates a greater need for biomarkers that can facilitate early detection and diagnosis.

  • Biomarkers help in stratifying patients based on disease severity, prognosis, and response to treatment. This personalized approach ensures that patients receive appropriate and timely interventions, leading to better disease management.
  • With a larger patient population, there is a need for more efficient clinical trials to test new therapies for pulmonary fibrosis. Consequently, biomarkers serve as endpoints, aiding in the evaluation of treatment efficacy and safety.
  • Additionally, the rising disease prevalence leads to increased awareness among healthcare professionals and the general population. As, more patients are being screened for pulmonary fibrosis, these biomarkers offer a non-invasive or minimally invasive method for identifying individuals at risk.
Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Who are the key leaders in the pulmonary fibrosis biomarkers industry?+

Biocartis NV, Biogen Inc, Bristol-Myers Squibb Company, F. Hoffman-La Roche Ltd, Galapagos NV, Lung Therapeutics, Inc., Myriad Genetics, Inc, OptiKira LLC, Respivant Sciences GmbH, and Veracyte, Inc , are some of the major pulmonary fibrosis biomarkers companies worldwide.

How big is the North America pulmonary fibrosis biomarkers market?+

North America pulmonary fibrosis biomarkers industry recorded USD 1.7 billion in 2023 due to the presence of a highly advanced healthcare infrastructure with well-established hospitals, research institutions, and diagnostic laboratories in the region.

Why is the use of pulmonary fibrosis biomarkers in imaging tests growing?+

The imaging test segment recorded USD 1.7 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to imaging tests complementing biomarker analysis and providing a comprehensive view of disease status.

What is the size of the pulmonary fibrosis biomarkers industry?+

Pulmonary fibrosis biomarkers market size was USD 4.1 billion in 2023 and is expected to reach over USD 6 billion by 2032 owing to the increasing advancements in biomarker discovery technology worldwide.

Pulmonary Fibrosis Biomarkers Market Scope

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