Prostate Cancer Antigen 3 (PCA3) Test Market Size to Surpass USD 7.64 Billion by 2029
Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Prostate Cancer Antigen 3 (PCA3) Test Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.
The Prostate Cancer Antigen 3 (PCA3) Test market research report highlights the ongoing patterns, state-of-the-art techniques, market estimates, and market piece for the estimate time frame will upgrade the fundamental specialist procedure of the business. The report overviews that incorporate sub-factors like imperatives, drivers, dangers, openings, speculation openings, difficulties, and suggestions. This report clarifies valuing procedures, topographical information, key philosophies, and competitive organization analysis, advancement plans, and distinctive financials frameworks of Prostate Cancer Antigen 3 (PCA3) Test market. Various items accessible in the market are followed regarding the matter of creation volume, income, marketing structure, and request and supply figures.
The information utilized in the Prostate Cancer Antigen 3 (PCA3) Test report is taken from dependable sources, for example, diaries, sites, and yearly reports of the organizations, which were inspected and approved by the business specialists. The sellers accessible in the market contend fixated on value, quality, brand, item separation, and product portfolio. The merchants can progressively accentuate product improvements by referring to this report. The Prostate Cancer Antigen 3 (PCA3) Test report gives a point by point investigation of the changing aggressive scene that keeps the reader in front of the contenders. The data is portrayed through different tables, graphs and pie-charts.
Data Bridge Market Research analyses that the prostate cancer antigen 3 (PCA3) test market which was USD 3.2 billion in 2021, is expected to reach USD 7.64 billion by 2029, at a CAGR of 11.50% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The prostate cancer antigen 3 (PCA3) test looks for genetic material (messenger RNA (mRNA)) produced exclusively by the prostate. In normal prostate tissue, the protein PCA3 and its associated mRNA are present at low levels. PCA3 is found in high concentrations (overexpressed) in approximately 90% of prostate cancers. Prostate specific antigen (PSA) is also increased in prostate cancers, but it can also be increased in a variety of benign conditions. This test detects PCA3 mRNA and PSA mRNA in the first urine sample obtained after a digital rectal exam (DRE). The PCA3 score is reported by laboratories and is based on the ratio of PCA3 mRNA to PSA mRNA.
Key Growth Drivers:
- Surging demand for early and precise diagnosis of prostate cancer
An increase in PSA levels raises the risk of prostate cancer. PSA concentrations in the blood are measured in nanograms per millilitre (ng/mL). There is no clear cut-off point for determining whether a man has prostate cancer or not. Many doctors use a PSA cut-off of 4 ng/mL or higher when determining whether a man requires further testing, while others may be starting at a lower level, such as 2.5 or 3. As a result, measuring PSA levels in a man’s blood can help detect prostate cancer early. These are the certain factors which propel the growth of the market.
- Increasing demand for positron emission tomography
Positron emission tomography is increasingly being used as a diagnostic tool because it is more accurate than other diagnostic techniques. The accuracy of diagnosis has a direct impact on decision-making and treatment monitoring processes. Increasing demand for these diagnostic procedures is expected to drive the growth of the prostate cancer antigen 3 (PCA3) test market during the forecast period.
The report outlines the involvement of key players, including:
- MDxHealth (Belgium)
- Myriad Genetics, Inc. (U.S.)
- Abbott (U.S.)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Siemens (Germany)
- OPKO Health, Inc. (U.S.)
- Genomic Health (U.S.)
- BD (U.S.)
- Agilent Technologies, Inc. (U.S.)
- Danaher (U.S.)
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Key Market Segmentation
Type of Test (Instruments, Kits and Reagent and Consumables), Test Type (Molecular, Serology), Technology (RT-PCR, ELISA Test, Micro-neutralization Assays), End Use (Hospitals, Clinics, Public Health Labs, Private or Commercial Labs, Physician Labs, Research Institutes, Others)
The Prostate Cancer Antigen 3 (PCA3) Test market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
- South America: Brazil, Argentina, and other countries in South America.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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