The global CNS biomarkers market is anticipated to grow at a considerable CAGR of 15.5% during the forecast period (2021-2027). The key companies across the globe are adopting different business strategies including expanding their geographic presence, R&D activities, new product approvals, mergers & acquisitions, partnerships, and collaborations to increase market share. For instance, in September 20210, Siemens AG has announced the collaboration with Novartis AG to develop and commercialize diagnostic tests for therapeutic products across Novartis’ therapeutic pipeline. The initial program assists Novartis' MS and other neuroscience programs by supporting the development of a serum neurofilament light chain (NFL) immunoassay. NFL is a highly specific biomarker for nerve cell injury that may be found in both the CSF and the blood. NFL levels in the blood have been linked to disease activity and disability outcomes in a variety of major neurological disorders, including MS.
Browse the full report description of "Global Central Nervous System (CNS) Biomarker Market Size, Share & Trends Analysis Report By Application (Drug Discovery & Development, Personalized Medicine, Disease Risk Assessment, and Other), By Type (Safety Biomarker, Efficacy Biomarker, Predictive Biomarker, Prognostic Biomarker, and Validation Biomarker), By End-User (Diagnostic Labs, Hospitals & Clinics, and, Research Centers) Forecast, 2021-2027" at https://www.omrglobal.com/industry-reports/central-nervous-system-cns-biomarkers-market
Further, in April 2018, Novartis AG announced that it has merged with AveXis, Inc., a Nasdaq-listed clinical-stage gene therapy company based in the US, for an estimated $8.7 billion. AveXis has the region’s AAV9 gene therapy production capabilities as well as substantial R&D skills, which include pipeline products for Rett Syndrome (RTT) and a hereditary variant of amyotrophic lateral sclerosis (ALS) caused by mutations in the superoxide dismutase 1 (SOD1) gene, in addition to AVXS-101. AAV9 is a clinically established gene delivery method for diseases of the CNS. Besides, in May 2018, AstraZeneca Plc and Luye Pharma Group, Ltd. (Luye Pharma) have agreed on the sale and license of Seroquel and Seroquel XR in the UK, China, Brazil, Australia, Saudi Arabia, Mexico, and South Korea, among others. AstraZeneca's aim to focus on its three core therapy areas of Oncology, Cardiovascular, Renal & Metabolism, and Respiratory is mentioned in this agreement. Thus, the collaborations and agreement among major players for the enhancement in the treatment of CNS are to propel the market growth during the forecast period.
Market Coverage
o By Application
o By Type
o By End-User
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global CNS Biomarkers Market Report Segment
By Application
By Type
By End-User
Global CNS Biomarkers Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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