Global Cancer Diagnostics Market Size study, by Diagnostic Type (Diagnostic Imaging, Tests, Biopsy and Cytology Tests, Tumour Biomarkers and Other Diagnostic Types) by Application (Breast Cancer, Lung Cancer, Cervical Cancer, Kidney Cancer, Liver Cancer, Pancreatic Cancer, Ovarian Cancer and Other Applications) and Regional Forecasts 2022-2028
Global Cancer Diagnostics Market is valued approximately at USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Cancer diagnostics involves identification of different biomarkers, proteins, and some signs that lead to the identification of the presence of a cancerous tumor. Growing prevalence of various types of cancer such as breast, lung, prostate and others are fueling demand for cancer diagnostics globally. According to American Cancer Society, in 2022, about 287,850 new cases of invasive breast cancer will be diagnosed in women and about 43,250 women will die from breast cancer. Also, as per Canadian Cancer Society, 29,600 citizens were diagnosed with lung cancer in 2021 in Canada. Additionally, growing public and private initiatives regarding early diagnosis of cancer and rising number of cancer diagnostic center globally are the factors fueling demand for cancer diagnostic. Furthermore, technological advancements in diagnostic technologies and rising health consciousness among people are expected to fuel growth in the market during forecast period. In November 2021, Siemens Healthineers unveiled Magnetom Free, which is a cost-effective whole-body MRI scanner, designed to enable significantly better access to magnetic resonance imaging globally. However, high cost of cancer diagnostics and lack of proper healthcare infrastructure in developing countries are projected to restrain growth in coming years.
The geographical regions considered for the global Cancer Diagnostics market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is leading the global market in terms of revenue due to continuously growing cancer patients and fast adoption of latest technologies. Whereas, Asia Pacific is expected to grow with the highest growth rate during forecast period due to growing awareness regarding cancer diagnostics and government funding for cancer diagnostic centers.
Major market player included in this report are:
DICKINSON AND COMPANY
F. HOFFMANN-LA ROCHE LTD
THERMO FISHER SCIENTIFIC INC.
ABBOTT LABORATORIES INC.
ILLUMINA INC
BIOMÉRIEUX SA
BIO-RAD LABORATORIES, INC.
ROCHE HOLDINGS AG
DANAHER CORPORATION
HOLOGIC, INC.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Diagnostic Type:
Diagnostic Imaging Tests
Biopsy and Cytology Tests
Tumor Biomarkers
Other Diagnostic Types
By Application:
Breast Cancer
Lung Cancer
Cervical Cancer
Kidney Cancer
Liver Cancer
Pancreatic Cancer
Ovarian Cancer
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Cancer Diagnostics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
DICKINSON AND COMPANY
F. HOFFMANN-LA ROCHE LTD
THERMO FISHER SCIENTIFIC INC.
ABBOTT LABORATORIES INC.
ILLUMINA INC
BIOMÉRIEUX SA
BIO-RAD LABORATORIES, INC.
ROCHE HOLDINGS AG
DANAHER CORPORATION
HOLOGIC, INC.
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