A more than 7.9x growth in revenue of the global exosome diagnostic and therapeutics market to be witnessed during the 2017-2027 timeline
A resourceful research report on global exosome diagnostic and therapeutics market published by Future Market Insights reflects the value trajectory of the global market over a period of ten years. It includes value analysis of various segments of the exosome diagnostic and therapeutics market. According to the exhaustive research study on exosome diagnostic and therapeutics, the global market is expected to witness gigantic growth in the coming years. This market is poised to expand at a meteoric value CAGR of 23.1% throughout the period of assessment 2017-2027. During this period, the global market is also anticipated to reflect a more than 7.9x increase in revenue. In 2017, the global exosome diagnostic and therapeutics market was valued at about US$ 19 Mn and is estimated to reach a value of over US$ 152 Mn by the end of the year of assessment (2027).
North America to oust other regions in the global exosome diagnostic and therapeutics market by 2027 end
North America region is expected to reflect potential growth opportunities for exosome diagnostic and therapeutics market in the coming years. The exosome diagnostic and therapeutics market in North America is estimated to reach a high market valuation by end of 2027 and is projected to grow at a significant rate throughout the period of assessment. According to the research study, North America is the second fastest growing region in this market. It has remained as a business friendly region since past several years. United States is the main contributor for growth of the market in North America region owing to increasing investments in healthcare industry in US along with wide scope of development in diagnostics and therapeutics in the region.
Closely following North American footsteps, the exosome diagnostic and therapeutics market in Asia Pacific excluding Japan (APEJ) region is expected to grow at a stellar pace in the coming years. APEJ region consist of fast developing economies such as China and India that are spurring the adoption of exosome diagnostics and therapeutics in the region. Another aspect supporting the growth is the growing number of healthcare facilities in emerging economies of APEJ and favorable government support. India is likely to reap the benefits of various reforms initiated by the current government with the overall economic outlook skyrocketing in the coming years. China, on the other hand is already a frontrunner in structured innovations and is likely to witness a rebound in investments by 2019, despite a projected slow GDP growth in 2018. In 2017, the exosome diagnostic and therapeutics market in Asia Pacific excluding Japan (APEJ) was valued a little under US$ 3 Mn and is estimated to reach a value over US$ 28 Mn by the end of the year of assessment. Moreover, with respect to growth trajectory of the APEJ region in exosome diagnostic and therapeutics market, it is poised to reflect a high CAGR of 25.4% during the period of assessment.
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