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Healthcare and Pharmaceuticals industry

Theranostics Market Size, Insights, Key Players, Business Opportunities, Covid-19 Impact And Emerging Trends By 2028




 

The latest update of “Global Theranostics Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Theranostics Market.

Overview of the Theranostics Market:

Theranostics is a combination of the terms therapeutics and diagnostics. The term is used to describe the combination of one radioactive drug to diagnose and second radioactive drug to deliver therapy to treat the tumor or any metastatic tumors. It is a new field of medicine that relies on targeted therapies to conduct specific targeted tests. These tests are mainly used to treat different types of cancer. Theranostics is also known as integrated medicine, companion diagnostics, pharmacodiagnostics, and Dx/Rx partnering.

Market Drivers:

Increasing global incidence of cancer and ever-increasing application areas of theranostics (companion diagnostics) is expected to boost growth of the global theranostics market during the forecast period. For instance, according to the World Health Organization (WHO), cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020. This in turn is expected to drive growth of the global theranostics market.

Moreover, growing importance of personalized medicine, growing need for targeted therapy, and advantages of companion diagnostics are expected to propel the global theranostics market growth over the forecast period.

Market Restraints:

Stringent regulations, high cost of companion diagnostic tests, and uncertain reimbursement scenario are expected to hamper the growth of the global theranostics market.

Regional Insights:

North America, Europe, and Asia Pacific are expected to witness robust growth in the global theranostics market due to the increasing adoption of theranostics, rise in awareness regarding theranostics, increasing number of clinical trials, and introduction of novel products in these regions. For instance, in April 2021, Roche received the U.S. Food and Drug Administration (FDA) approval for the VENTANA MMR RxDx Panel for advanced or recurrent endometrial cancer patients. Roche received FDA approval for the first companion diagnostic to identify endometrial cancer patients eligible for immunotherapy.

Competitive Section:

Major companies involved in the global theranostics market are AmeriPath Inc., Foundation Medicine Inc., Myriad Genetics Inc., Abbott Laboratories, QIAGEN, Agilent Technologies, Illumina Inc., Focus Diagnostics, Hoffmann-La Roche Ltd., Beckman Coulter, and Thermo Fisher Scientific Inc., among others.

For instance, in June 2020, Thermo Fisher Scientific Inc. and Agios Pharmaceuticals teamed up to co-develop a companion diagnostics platform for oncology.

Market Estimation:

The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.

COVID-19 Impact:

The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Theranostics Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.

Market Competition Assessment:

The Theranostics Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are

  • Thermo Fisher Scientific Inc.
  • Beckman Coulter
  • Hoffmann-La Roche Ltd.
  • Focus Diagnostics
  • Illumina Inc.
  • Agilent Technologies Inc.
  • QIAGEN
  • Abbott Laboratories
  • Myriad Genetics Inc.
  • Foundation Medicine Inc.
  • AmeriPath Inc.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Theranostics Market report on the basis of Types, Applications, and Regions.

By Product Type, the market is primarily segmented into:

  • Oncology
  • Cardiovascular Disease
  • Neurological Disorder
  • Immunological Disorder
  • Others

By Applications, the market is segmented into:

  • Hospitals & Clinics
  • Diagnostic Laboratories
  • Others

The report covers the following Regions:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Africa
  • Middle East

Primary Research Insights:

The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.

The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:

  1. What can be the best investment choices for venturing into new product and service lines?
  2. Which regions might see the demand maturing in certain segments in near future?
  3. Which government regulations might challenge the status of key regional markets?
  4. What are some of the value-grab opportunities in various segments?
  5. What will be the barrier to entry for new players in the market?

Why You Should Buy This Report:

  • The report provides an all-inclusive environment of the analysis for the market
  • In-depth secondary research and primary interviews
  • Impact of various social, political, and economic factors
  • Porter’s Five Forces Analysis
  • Competitive Landscape

Available Customizations:

Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Table of Content

 

1 Report Overview

 

1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Theranostics Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Theranostics Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Theranostics Market
1.6.1 How the Covid-19 is Affecting the Theranostics Market
1.6.1.1 Theranostics Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Theranostics Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

 

2 Global Growth Trends by Regions

 

2.1 Theranostics Market Perspective (2015-2028)
2.2 Theranostics Market Growth Trends by Regions
2.2.1 Theranostics Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Theranostics Market Historic Market Share by Regions (2015-2021)
2.2.3 Theranostics Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Theranostics Market Growth Strategy
2.3.6 Primary Interviews with Key Theranostics Market Players (Opinion Leaders)

 

3 Competition Landscape by Key Players

 

3.1 Global Top Theranostics Market Players by Market Size
3.1.1 Global Top Theranostics Market Players by Revenue (2015-2021)
3.1.2 Global Theranostics Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Theranostics Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Theranostics Market Concentration Ratio
3.2.1 Global Theranostics Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Theranostics Market Revenue in 2019
3.3 Theranostics Market Key Players Head office and Area Served
3.4 Key Players Theranostics Market Product Solution and Service
3.5 Date of entering into Theranostics Market
3.6 Mergers & Acquisitions, Expansion Plans

 

4 Breakdown Data by Type (2015-2028)

 

4.1 Global Theranostics Market Historic Market Size by Type (2015-2021)
4.2 Global Theranostics Market Forecasted Market Size by Type (2021-2028)

 

5 Theranostics Market Breakdown Data by Application (2015-2028)

 

5.1 Global Theranostics Market Size by Application (2015-2021)
5.2 Global Theranostics Market Forecasted Market Size by Application (2021-2028)

 

6 North America

 

6.1 North America Theranostics Market Size (2015-2021)
6.2 Theranostics Market Key Players in North America (2019-2021)
6.3 North America Theranostics Market Size by Type (2015-2021)
6.4 North America Theranostics Market Size by Application (2015-2021)

 

7 Europe

 

7.1 Europe Theranostics Market Size (2015-2021)
7.2 Theranostics Market Key Players in Europe (2019-2021)
7.3 Europe Theranostics Market Size by Type (2015-2021)
7.4 Europe Theranostics Market Size by Application (2015-2021)

 

8 China

 

8.1 China Theranostics Market Size (2015-2021)
8.2 Theranostics Market Key Players in China (2019-2021)
8.3 China Theranostics Market Size by Type (2015-2021)
8.4 China Theranostics Market Size by Application (2015-2021)

 

9 Japan

 

9.1 Japan Theranostics Market Size (2015-2021)
9.2 Theranostics Market Key Players in Japan (2019-2021)
9.3 Japan Theranostics Market Size by Type (2015-2021)
9.4 Japan Theranostics Market Size by Application (2015-2021)

 

10 Southeast Asia

 

10.1 Southeast Asia Theranostics Market Size (2015-2021)
10.2 Theranostics Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Theranostics Market Size by Type (2015-2021)
10.4 Southeast Asia Theranostics Market Size by Application (2015-2021)

 

11 India

 

11.1 India Theranostics Market Size (2015-2021)
11.2 Theranostics Market Key Players in India (2019-2021)
11.3 India Theranostics Market Size by Type (2015-2021)
11.4 India Theranostics Market Size by Application (2015-2021)

 

12 Central & South America

 

12.1 Central & South America Theranostics Market Size (2015-2021)
12.2 Theranostics Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Theranostics Market Size by Type (2015-2021)
12.4 Central & South America Theranostics Market Size by Application (2015-2021)

 

13 Key Players Profiles

 

13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Theranostics Market Introduction
13.4 Theranostics Market Business (2015-2021)
13.5 Recent Development

 

14 Analyst's Viewpoints/Conclusions

 

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

 

List of Table

 

Table 1. Theranostics Market Key Market Segments
Table 2. Key Players Covered: Ranking by Theranostics Market Revenue
Table 3. Ranking of Global Top Theranostics Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Theranostics Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Theranostics Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Theranostics Market Players to Combat Covid-19 Impact
Table 10. Global Theranostics Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Theranostics Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Theranostics Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Theranostics Market Share by Regions (2015-2021)
Table 14. Global Theranostics Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Theranostics Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Theranostics Market Growth Strategy
Table 20. Main Points Interviewed from Key Theranostics Market Players
Table 21. Global Theranostics Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Theranostics Market Share by Players (2015-2021)
Table 23. Global Top Theranostics Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Theranostics Market as of 2019)
Table 24. Global Theranostics Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Theranostics Market Product Solution and Service
Table 27. Date of entering into Theranostics Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Theranostics Market Size by Type (2015-2021) (Million US$)
Table 30. Global Theranostics Market Size Share by Type (2015-2021)
Table 31. Global Theranostics Market Revenue Market Share by Type (2021-2028)
Table 31. Global Theranostics Market Size Share by Application (2015-2021)
Table 33. Global Theranostics Market Size by Application (2015-2021) (Million US$)
Table 34. Global Theranostics Market Size Share by Application (2021-2028)
Table 35. North America Key Players Theranostics Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Theranostics Market Share (2019-2021)
Table 37. North America Theranostics Market Size by Type (2015-2021) (Million US$)
Table 38. North America Theranostics Market Share by Type (2015-2021)
Table 39. North America Theranostics Market Size by Application (2015-2021) (Million US$)
Table 40. North America Theranostics Market Share by Application (2015-2021)
Table 41. Europe Key Players Theranostics Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Theranostics Market Share (2019-2021)
Table 43. Europe Theranostics Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Theranostics Market Share by Type (2015-2021)
Table 45. Europe Theranostics Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Theranostics Market Share by Application (2015-2021)
Table 47. China Key Players Theranostics Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Theranostics Market Share (2019-2021)
Table 49. China Theranostics Market Size by Type (2015-2021) (Million US$)
Table 50. China Theranostics Market Share by Type (2015-2021)
Table 51. China Theranostics Market Size by Application (2015-2021) (Million US$)
Table 52. China Theranostics Market Share by Application (2015-2021)
Table 53. Japan Key Players Theranostics Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Theranostics Market Share (2019-2021)
Table 55. Japan Theranostics Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Theranostics Market Share by Type (2015-2021)
Table 57. Japan Theranostics Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Theranostics Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Theranostics Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Theranostics Market Share (2019-2021)
Table 61. Southeast Asia Theranostics Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Theranostics Market Share by Type (2015-2021)
Table 63. Southeast Asia Theranostics Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Theranostics Market Share by Application (2015-2021)
Table 65. India Key Players Theranostics Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Theranostics Market Share (2019-2021)
Table 67. India Theranostics Market Size by Type (2015-2021) (Million US$)
Table 68. India Theranostics Market Share by Type (2015-2021)
Table 69. India Theranostics Market Size by Application (2015-2021) (Million US$)
Table 70. India Theranostics Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Theranostics Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Theranostics Market Share (2019-2021)
Table 73. Central & South America Theranostics Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Theranostics Market Share by Type (2015-2021)
Table 75. Central & South America Theranostics Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Theranostics Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Theranostics Market Business (2015-2021) (Million US$)
Table 81. Recent Development

 

List of Figures

 

Figure 1. Global Theranostics Market Share by Type: 2021 VS 2028
Figure 2. Global Theranostics Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Theranostics Market Report Years Considered
Figure 8. Global Theranostics Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Theranostics Market Share by Regions: 2021 VS 2028
Figure 10. Global Theranostics Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Theranostics Market Share by Players in 2019
Figure 13. Global Top Theranostics Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Theranostics Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Theranostics Market Revenue in 2019
Figure 15. North America Theranostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Theranostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Theranostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Theranostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Theranostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Theranostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Theranostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed

 



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