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The latest market report published by Credence Research, Inc. “Global Carcinoembryonic Antigen\n(CEA) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 -\n2023,” the carcinoembryonic antigen (CEA) market was valued at USD 1,624.2 Mn in 2015

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credence research inc

Credence Research Inc.

“Carcinoembryonic Antigen (CEA) Market- Growth, Share, Opportunities,

Competitive Analysis, and Forecast 2016 – 2023”

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E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com

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The latest market report published by Credence Research, Inc. “GlobalCarcinoembryonic Antigen

(CEA) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 -

2023,” the carcinoembryonic antigen (CEA) market was valued at USD 1,624.2 Mn in 2015, and is

expected to reach USD 2,787.3 Mn by 2023, expanding at a CAGR of 6.4% from 2016 to 2023.

Browse the full report Carcinoembryonic Antigen (CEA) Market - Growth, Share,

Opportunities,

Competitive

Analysis,

athttp://www.credenceresearch.com/report/carcinoembryonic-antigen-cea-market

Market Insights

According to Quest Diagnostics, CEA is an oncofetal glycoprotein present in the gastrointestinal tract

and body fluids of the embryo and fetus. This antigen is also present in certain adult gastrointestinal

cells, including the mucosal cells of the colorectum, and small amounts are present in blood. Market

experts suggest that key growth drivers assisting the growth of CEA market comprises high

prevalence of cancer, mounting global geriatric population base, high demand for minimally invasive

diagnostic procedures in cancer and increasing application of CEA for diagnosis at several stages of

cancer. In addition, a few factors that assist the overall market growth are growing healthcare

expenditure which is boosting the need for efficient diagnostic procedure for cancer and influencing

the usage of combination biomarkers.

The global carcinoembryonic antigen (CEA) market is segmented on the basis of application type into

ovarian cancer, colorectal cancer, pancreatic cancer, lung cancer, breast cancer, thyroid cancer and

other cancers. In base year 2015, colorectal cancer dominated the overall market in terms of

revenue. The key factors responsible for growth of CEA market are increase in number of population

consuming alcohol, sedentary lifestyle, and high intake of saturated fats in all age groups. Moreover,

rising preference for CEA test in cancer diagnosis and management is expected to assist its market

growth in the near future.

In base year 2015, North America was observed as the largest CEA market due to high public

awareness related to early cancer diagnosis, rising preference for minimally invasive cancer diagnosis

tests and sophisticated health care facilities for cancer management. Incessant technological

developments followed by new discoveries of specific antigens and biomarkers are anticipated to

boost the growth of CEA market testing. The key factors assisting the growth of CEA market

comprises aging population, highly accessible technologically advanced healthcare facilities,

successful governmental and non-governmental initiatives, and demand for precise diagnostic

procedures.

Market Competition Assessment:

The carcinoembryonic antigen (CEA) market is observed as the most diversified and competitive

market comprising large number of players. The market is dominated by several players, depending

on their major competencies. The key players in this market are Quest Diagnostics, F. Hoffman LA

Roche, Abbott Laboratories, GenWay Biotech Inc., Correlogic Systems, Inc., and Others.

and

Forecast,

2016

2023

request sample 1

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Browse the full Carcinoembryonic Antigen (CEA) Market - Growth, Future Prospects and Competitive

Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/carcinoembryonic-antigen-cea-

market

Latest Reports:

http://www.credenceresearch.com/report/surgical-generators-market

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About:

Credence Research is a worldwide market research and counseling firm that serves driving organizations,

governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with

making enduring enhancements to their execution and understand their most imperative objectives. Over almost

a century, we've manufactured a firm extraordinarily prepared for this task.

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Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com