BCC Research Blog | Industry Analysis and Business Consulting

Companion Diagnostics: An Overview

Written by Kavita Rawat | May 21, 2024 1:00:00 PM

Companion diagnostics (CDx) are diagnostic tests specifically designed to identify patients likely to benefit from a particular treatment. They provide essential information to guide treatment decisions.

The global companion diagnostics market is on the rise. In 2023, it was estimated at $7.6 billion, and it is projected to reach $15.4 billion by 2028, growing at a compound annual growth rate (CAGR) of 15.2%.