The Global HER 2 Testing Market, valued at USD 136.04 Mn in 2022, is projected to reach USD 221.32 Mn by 2029, growing at a CAGR of 7.2%, according to a new report titled "HER 2 Testing Market Report" released today. The report offers a detailed analysis

HER 2 Testing Market Report Scope and Research Methodology

HER2, the Human Epidermal Growth Factor Receptor2, plays a crucial role in determining the presence of breast cancer cells with abnormal HER2 gene copies or higher-than-normal levels of the HER2 protein. The HER2 testing market encompasses testing procedures conducted on tissue samples taken via biopsy, and it finds applications in breast cancer, gastric cancer, and gastroesophageal cancer. The report provides a comprehensive overview of the market, including market size estimation through primary and secondary data collection methods, competitive structure analysis, pricing analysis, and demand analysis.

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The report employs a bottom-up approach to estimate the market size of HER 2 testing. The market revenue is determined through primary and secondary data collection, ensuring a deeper understanding of market penetration, competitive structure, pricing, and demand analysis.

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What are HER 2 Testing Market Dynamics:

The HER2 testing market is experiencing significant dynamics driven by various factors. HER2 testing plays a crucial role in the diagnosis and treatment of breast and gastric cancers. This market is primarily driven by the rising incidence of these cancers and the growing awareness among healthcare professionals and patients about the importance of HER2 testing.

One of the key dynamics in the HER2 testing market is the continuous development of novel HER2-targeted therapies. With advancements in precision medicine and personalized treatment approaches, there is an increasing demand for accurate HER2 testing to identify patients who are most likely to benefit from targeted therapies. This has led to the development of new HER2 testing methods and technologies, including next-generation sequencing (NGS) and fluorescence in situ hybridization (FISH), which offer improved sensitivity and specificity.

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Moreover, the expanding applications of HER2 testing beyond breast and gastric cancers are also contributing to the market dynamics. HER2 amplification or overexpression has been observed in other cancer types, such as lung, ovarian, and colorectal cancers. This has created new opportunities for HER2 testing in these indications, leading to an increased demand for testing services and products.

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HER 2 Testing Market Market Regional Insights:

The North American market, including the United States and Canada, has traditionally been a significant market for HER2 testing. The presence of advanced healthcare infrastructure, a high prevalence of breast cancer, and favorable reimbursement policies have contributed to the growth of this market. Additionally, the region has seen the introduction of newer testing technologies and a focus on personalized medicine, further driving the demand for HER2 testing.

European countries also have a well-established market for HER2 testing. The market growth is supported by a strong focus on cancer diagnostics and treatment, regulatory guidelines, and reimbursement systems. Countries like Germany, France, and the United Kingdom are major contributors to the HER2 testing market in Europe.

What is HER 2 Testing Market Segmentation:

by Product

• Fluorescence in situ hybridization(FISH)
• Immunohistochemistry (IHC)
• Chromogenic in situ hybridization (CISH)
• Silver-enhanced in situ hybridization

by Cancer Type

• Breast Cancer
• Gastric Cancer
• Bladder cancer
• Ovarian cancer

by End-Users

• Hospitals
• Diagnostic Laboratories
• Specialty Clinics
• Others

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Who are HER 2 Testing Market Key Players:

• Abbot
• Roche
• Agilent Technologies,Inc.
• Thermo Fisher Scientific Inc.
• Empire Genomics Inc.(Bio care Medical LLC)
• Abnova Corporation
• Oxford Gene Technology IP limited
• BCRF
• Genetech
• Genemed Technologies Inc.
• PERKINELMER Inc.
• QIAGEN
• BioDot
• BioGenex (U.S)

Table of content for the HER 2 Testing Market includes:

1. Global HER 2 Testing Market: Research Methodology

1. Global HER 2 Testing Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global HER 2 Testing Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Global HER 2 Testing Market Market Segmentation

• Global Market, by Product (2022-2029)
• Global Market, by Cancer Type (2022-2029)
• Global Market, by End-Users (2022-2029)

5. Regional HER 2 Testing Market Market (2021-2029)

• Regional Market, by Product (2022-2029)
• Regional Market, by Cancer Type (2022-2029)
• Regional Market, by End-Users (2022-2029)
• Regional Market, by Country (2022-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations


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