The drive for oral cancer rapid test market stemmed from the indispensable need for low-cost point-of-care diagnostic technology for cancer detection. Non-invasive diagnostic tools play crucial role in advancing the care for cancer patients, given the fact that tests in lab settings usually are time-consuming, expensive, and invasive. The market is making strides fuelled by the growing array of biomarkers that have been integrated into test kits. The great value that point-of-care diagnostics play in general well-being of patients offers a broad impetus also to the expansion of the oral cancer rapid test kit market. Advances made in biosensor technology has helped stakeholder see new revenues streams in the market. A case in point is lab-on-a-chip.
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Manufacturers in the oral cancer rapid test kits market over the years have put increasing value proposition in increasing the ease-of-use, functionality, and generation of real-time results. Advances in biosensors have helped manufactures improve the functionality. On the other hand, the development of suitable biomarkers for oral cancer rapid test is replete with the challenges of designing kits that meet the requirements of specificity and sensitivity. These include metabolites, lipids, RNA, DNA, and exosomes. The advent of new immunoassay-based technologies has expanded the potential in the oral cancer test kits market.
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Oral cancer is one of the largest group of cancers, which comes under category of Head and Neck cancer. It includes lips, tongue, throat, sinuses, and floor of the mouth. About 90% of the oral cancers are squamous cell carcinoma (OSCC). According to oral cancer foundation in 2016, around 48,250 people are diagnosed with oral cancer in the U.S. and has relatively low survival rates. The death rates due to oral cancer are relatively higher due to lack of proper diagnosis test, which can detect oral cancer at the early stage. Hence, early stage diagnosis is an alternative solution that helps prevent the deaths of people infected by oral cancer. The Conventional diagnostic tests available in the market are time-consuming and costly. Currently, very few technologies are available in the market for routine screening of the oral cancers. Hence, companies are trying to develop the Oral Cancer Rapid Testing Kit (OCRTK), which can detect the stage of cancer effectively in less time to perform test at home/clinic. Vigilant biosciences developed ‘OncAlert Oral Cancer LAB Test’, which is accurate, cost effective, and uses non-invasive technology. This technology also got the CE mark in Europe that enables this product to sell all over Europe. Various companies and universities are trying to develop the rapid detection technology for oral cancer kits to detect oral cancer
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The increase in usage of tobacco, which includes smokeless tobacco, HPV-induced cancers, and consumption of alcohol are major factors that drive the growth of the Oral Cancer Rapid Test Kit market. Furthermore, increase in awareness and aging population also contribute to the prevalence the oral cancers. According to the cancer research center in U.K, globally over 3, 00,000 persons were diagnosed with oral cancer. Smoking is a major factor that is turning many men and women into victims of Oral cancer. In U.S., black males are having high incidence rate than their whiter counterparts because of cigarette smoking and heavy alcohol consumption. Lack of new diagnostic technologies in the market is a major factors that is limiting the growth of the OCRTK market.
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Some key players in the market are Vigilant Biosciences, Abviris Deutschland GmbH, Insilixa, and University of Sheffield.
On the basis of development of the OCRTK market, startups and universities are more actively working on this domain as compared to the major market players. Hence, there are possibilities of acquisitions and collaborations to take place within these companies/institutes in the near future.
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