A biomarker or a biological marker is a pharmaceutical device that tells about the body’s response to treatment for a disease. They also examine normal biological processes, pathogenic processes, or pharmacologic responses to a therapeutic intervention. Biomarkers are generally found in blood, body fluids, and tissue. They are often referred to as molecular markers or signature molecules. Biomarker companies are doing innovations every day.
Every functional system of the body, cardiovascular system, metabolic system, or immune system has various types of biomarkers. Any typical biomarker is non-invasive, inexpensive, produces rapid results, and should be from readily available sources (blood or urine).
Using biomarkers not only helps the pharmaceutical sector in medicinal treatment but also helps them to discover novel drugs that promote cost-effective and efficient dosage and treatment. Biomarkers are vital as they assist in disease risk assessment, drug discovery and development, diagnostics development, personalized medicine, and others. Biomarkers identified for cholesterol and blood pressure are serum LDL and MMPs are another one that is used as tumor markers for cancer. Some of the biomarker companies are using the most cutting-edge technology in this field.
The global market for biomarkers is expecting a gradual rise in the forecast period. The rising prevalence of cancer, low-cost clinical trials, increasing consumer awareness, a widening patient base, development of technologies in clinical laboratory tests, and imaging exams are key factors boosting the biomarker market. Here is a list of key profiled companies that manufacture or develop biomarkers.
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7 best biomarker companies working for the betterment of society
According to the Global Biomarker Companies Market report, the market was worth USD 58.68 Billion in 2021 and is projected to touch USD 282.11 Billion by 2030. The CAGR during the forecast period will be 13.14% from 2022 to 2030.
Qiagen
Qiagen is a German company that was founded in 1984. They work to provide sample and assay technologies for molecular diagnostics, applied testing, and academic and pharmaceutical research. The firm is based in more than 20 countries and is headquartered in Hilden, Germany. QIAGEN GmbH and NeuMoDx Molecular, Inc. are its well-known subsidiaries. GRAIL, Illumina, Sysmex, Thermo Fisher Scientific, and VWR International are its top competitors. Thierry Bernard is the present CEO of the company.
PerkinElmer
PerkinElmer was founded by Richard Scott Perkin and Charles Elmer in 1937. They specialize in providing solutions to the medical field, helping scientists, researchers, and clinicians with better diagnoses. Agilent Technologies, Thermo Fisher Scientific, Beckman Coulter, and Waters Corporation are the firm’s top competitors. Prahlad Singh is the current CEO of PerkinElmer, executing since 2019. It is an American publicly owned company with worldwide operations. It works for Medical technology. The firm has its headquarters in Waltham, Massachusetts.
Millipore Sigma
Merck Millipore was a subsidiary of Merck Group until 2015. It was founded in 1954 and was headquartered in Burlington, Massachusetts, United States. They were a supplier to the life science industry by producing products that improve human health and life, globally. Millipore Cork, Millipore SAS, and Upstate USA Inc are a few well-known subsidiaries of the Merck Group. In 2010, Millipore was acquired by the Merck Group which lead to the formation of Millipore Sigma.
Bio-Rad Laboratories
Bio-Rad Laboratories is an American company that was founded in 1952 by Alice N. Schwartz, Alice Schwartz, and David Schwartz. They are known for manufacturing and developing specialized technological products for the life science research and clinical diagnostics markets. It is headquartered in Hercules, California, the US and Norman David Schwartz is the CEO of the firm. Bio-Rad France Holding, and Bio-Rad Polska Sp. z o.o. are its globally reputed subsidiaries. Beckman Coulter, Agilent, DiaSorin, Siemens Healthineers, Danaher, Ortho Clinical Diagnostics, Merck Millipore, Abbott, Immucor, Thermo Fisher Scientific, and Becton Dickinson are the competitors of the firm.
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Enzo Biochem
Enzo Biochem is a US-based biotechnology company. It was founded by Elazar Rabbani in 1976. They lead in the convergence of clinical laboratories, life sciences, and intellectual property through the development of unique diagnostic platform technologies that provide numerous advantages over previous standards. Enzo Life Sciences, Inc., Enzo Clinical Labs, Inc., Enzo Therapeutics, Inc., and Enzo Realty, LLC are the firm’s subsidiaries. Agrenvec, Somru BioScience, AllCells and Trans Genic are the firm’s top competitors.
EKF Diagnostic Holdings
EKF Diagnostics Holdings is a UK-based medical laboratory company. They specialize in point-of-care testing, central laboratory tests, enzyme manufacturing, and the provision of contract manufacturing services to the healthcare industry. It lists on the London Stock Exchange’s AIM Market. It was founded in 1990 and has its headquarters in United Kingdon (UK). Stanbio Laboratory, L.P., EKF-diagnostic GmbH are EKFs’ subsidiaries. Trinity Biotech, ACON Laboratories, Fujirebio Diagnostics, and Microgen Bioproducts are its top competitors.
Meso Scale Diagnostics
Meso Scale Diagnostics was founded in 1995 and is primarily based in Natick, Massachusetts. It is engaged in the development, manufacture, and commercialization of innovative assays and instruments for the measurement of molecules in biological samples. Meso Scale Technologies, LLC is its parent organization and Meso Scale Discovery Inc is its esteemed subsidiary. Jacob Wohlstadter is the present President and CEO of the firm. It is one of the leading biomarker companies.
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