HTF MI recently introduced Global Cancer Diagnostics Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are GE Healthcare (United States), Roche Diagnostics (Switzerland), Becton, Dickinson & Company (United States), Agilent Technologies (United States), Thermo Fisher Scientific (United States), Illumina, Inc. (United States), Qiagen (Germany), Abbott Laboratories (United States), Siemens Healthineers (Germany), Bio-Rad Laboratories, Inc. (United States), Hologic, Inc. (United States), Genomic Health (United States), Myriad Genetics, Inc. (United States), Merck KGaA (Germany), Sysmex Corporation (Japan), Danaher Corporation (United States), PerkinElmer, Inc. (United States), NanoString Technologies, Inc. (United States).
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According to HTF Market Intelligence, the Global Cancer Diagnostics market is expected to grow from XX USD in 2023 to XX USD by 2030, with a CAGR of 11.00% from 2024 to 2030. The market is segmented by Global Cancer Diagnostics Market Breakdown by Diagnostic Technique (Imaging Modalities, Laboratory Tests, Molecular Diagnostics) by Cancer Type (Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Melanoma, Leukemia, Others) by End User (Hospitals, Diagnostic Laboratories, Research Institutes, Ambulatory Surgical Centers) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
Diagnostic testing involves tests and procedures to confirm the presence of disease and identify the correct tumor type, location, extent and stage.
A key market driver powering the growth of the cancer diagnostic devices market is the need for cost cutting by pharma companies. Pharmaceutical companies are shifting their focus from drug development to cancer diagnostic devices so that they can help in diagnosing, monitoring, and administering drugs through the cancer treatment process. These devices play a key role in helping pharmaceutical companies develop specific drugs to treat cancer. One such example is Roche’s cobas EGFR mutation test, which diagnoses head and neck cancers.
Market Trends:
- AI and machine learning enhance diagnostic data analysis, identifying pre-symptomatic cancer indicators and advancing liquid biopsy methods.
- Point-of-care testing devices improve accessibility to cancer diagnosis, while liquid biopsy approaches enable non
Market Drivers:
- Imaging and molecular diagnostic tech advancements enable precise and rapid cancer identification, aiding early detection and customized treatment.
- Technologies like MRI, CT scans, PCR, and next-gen sequencing enhance diagnostic capacity, driving cancer diagnostics market growth.
Market Opportunities:
- Precision medicine adoption increases demand for companion diagnostics, while telemedicine boosts decentralized cancer diagnostic solutions.
- Early detection programs spur the creation of new screening tests, and research drives development of sensitive di
Dominating Region:
- North America, Europe
Fastest-Growing Region:
- Asia-Pacific
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Cancer Diagnostics market segments by Types: Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Melanoma, Leukemia, Others
Detailed analysis of Cancer Diagnostics market segments by Applications: Hospitals, Diagnostic Laboratories, Research Institutes, Ambulatory Surgical Centers
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Cancer Diagnostics Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Cancer Diagnostics Market:
Chapter 01 – Cancer Diagnostics Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Cancer Diagnostics Market – Pricing Analysis
Chapter 05 – Global Cancer Diagnostics Market Background or History
Chapter 06 — Global Cancer Diagnostics Market Segmentation (e.g. Type, Application)
Chapter 07 – Key and Emerging Countries Analysis Worldwide Cancer Diagnostics Market
Chapter 08 – Global Cancer Diagnostics Market Structure & worth Analysis
Chapter 09 – Global Cancer Diagnostics Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Cancer Diagnostics Market Research Methodology
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