Global Cancer Diagnostics
Market Report
2024
Global Cancer Diagnostics market size was $18.31 Billion in 2022 and it is forecasted to reach $36.72 Billion by 2030. Cancer Diagnostics Industry's Compound Annual Growth Rate will be 10.3% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Cancer Diagnostics market size was $18.31 Billion in 2022 and it is forecasted to reach $36.72 Billion by 2030. Cancer Diagnostics Industry's Compound Annual Growth Rate will be 10.3% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Cancer Diagnostics Market Sales Revenue 2020 | $ 167302 Million |
Global Cancer Diagnostics Market Sales Revenue 2030 | $ 325701 Million |
Global Cancer Diagnostics Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.89% |
Market Split by Type |
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Market Split by Application |
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Market Split by Product |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Cancer Diagnostics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Cancer diagnostics is a process for identifying various proteins, biomarkers, and other symptoms that point to the presence of a cancerous tumor. Effective diagnostic testing is employed to confirm or exclude the presence of illness, track the development of the disease, and plan and evaluate treatment outcomes. Imaging, tumor biopsy, laboratory tests, endoscopic examination, surgery, or genetic testing are all examples of diagnostic techniques for cancer. In addition, the diagnosis procedure is activated by the identification of specific biomarkers and proteins that are prevalent in cancer illnesses.
Technological advancements in diagnostic testing are likely to drive target market growth during the forecast period. For instance, Hologic, Inc. declared that the Genius Digital Diagnostics System would be commercially available in Europe starting in 2021. Additionally, the next-generation cervical cancer screening system uses new volumetric imaging technology and deep learning-based AI to help women with precancerous lesions and cervical cancer cells be found. Furthermore, a spike in technical developments supporting the enhanced imaging of dangerous cells, innovations in equipment to detect cancer, and the increasing accuracy of detecting cancer. This is expected to drive the growth of the cancer diagnostics market.
Various hospitals in underdeveloped and emerging countries cannot invest in diagnostic imaging equipment due to increasing costs and budgetary constraints. This may restrict the growth of the cancer diagnostics market. However, the increasing demand for diagnostic imaging processes in these countries, the hospitals, which cannot afford to buy novel and advanced imaging systems favor restored ones. This is anticipated to hamper the growth of the cancer diagnostics market in the forecast period.
The COVID-19 outbreak introduced unparalleled challenges for cancer diagnostics manufacturing participants. Numerous governments throughout the world placed significant lockdown restrictions in response to increasing hospitalization rates and the number of COVID-19 cases, which forced the temporary suspension of several cancer treatment programs and other activities. Additionally, it slowed down cancer screening and diagnosis services due to COVID-19 treatment becoming more important.
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In November 2020, GE Healthcare completed a partnership with GenesisCare in order to improve patient outcomes for the two biggest health burdens globally, cancer and heart disease.
(Source: GE Healthcare has partnered with GenesisCare to tackle two biggest health burdens globally )
Top Companies Market Share in Cancer Diagnostics Industry: (In no particular order of Rank)
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In 2022, North America dominated the cancer diagnostics market and largest market share in terms of revenue. This is attributed to advanced healthcare infrastructure, technological advancements, and a high prevalence of cancer in the region. In addition, several key players in cancer diagnostics and these organizations invest heavily in research and development, leading to the development of innovative diagnostic technologies and techniques in the region. Furthermore, the well-established healthcare system emphasizes early detection and diagnosis of cancer. Screening programs, access to high-quality diagnostic imaging technologies, and advanced laboratory testing in the region. This is anticipated to drive the growth of the cancer diagnostics market in the region.
The current report Scope analyzes Cancer Diagnostics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Cancer Diagnostics Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cancer Diagnostics Industry growth. Cancer Diagnostics market has been segmented with the help of its Type, Application Product, and others. Cancer Diagnostics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The laboratory tests segment held a revenue market share of 25.0% in 2022. This is due to increasing cancer prevalence. The conducting of samples of urine, laboratory tests for cancer, blood, or other body tissues or fluids studied in the laboratory during testing for cancer to abnormal cells can help identify whether a person has precancerous or cancer disease. In addition, laboratory tests are used to determine different treatments and illness stages, screen high-risk patients, and measure how well the disease is responding to therapy. These tests help in identifying whether a patient has developed a novel tumor or has experienced a cancer relapse. This is expected to drive the growth of this segment in the cancer diagnostics market
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Cancer Diagnostics from 2019 to 2031. This will also help to analyze the demand for Cancer Diagnostics across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Cancer Diagnostics are:
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Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Cancer Diagnostics Market is witnessing significant growth in the near future.
In 2023, the Genetic Tests segment accounted for noticeable share of global Cancer Diagnostics Market and is projected to experience significant growth in the near future.
The Breast Cancer segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Abbott , Thermo Fisher Scientific and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Genetic Tests, Laboratory Tests, Biopsy, Imaging, Endoscopy, Others |
Application | Breast Cancer, Skin Cancer, Colorectal Cancer, Cervical Cancer, Lung Cancer, Prostate Cancer, Blood Cancer, Kidney Cancer, Liver Cancer, Ovarian Cancer, Pancreatic Cancer, Others |
Product | Instruments, Consumables |
End Use | Hospitals and Clinics, Diagnostic Laboratories, Research Institutes, Diagnostic Imaging Centers |
List of Competitors | Abbott, DiagnoCure Inc., Thermo Fisher Scientific, Illumina Inc., QIAGEN, F. Hoffmann-La Roche Ltd, Agilent Technologies Inc., Quest Diagnostics Incorporated, Merck KGaA, Hologic Inc, BD., GSK plc., Novartis AG, Bristol-Myers Squibb Company, Lilly, Pfizer Inc., Genomic Health Inc., bioMérieux SA, Astellas Pharma Inc., Myriad Genetics Inc. |
This chapter will help you gain GLOBAL Market Analysis of Cancer Diagnostics. Further deep in this chapter, you will be able to review Global Cancer Diagnostics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Product Analysis 2019 -2031
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Chapter 13 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cancer Diagnostics market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Genetic Tests have a significant impact on Cancer Diagnostics market? |
What are the key factors affecting the Genetic Tests and Laboratory Tests of Cancer Diagnostics Market? |
What is the CAGR/Growth Rate of Breast Cancer during the forecast period? |
By type, which segment accounted for largest share of the global Cancer Diagnostics Market? |
Which region is expected to dominate the global Cancer Diagnostics Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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