Uploaded on Nov 4, 2022
According to market research report "Cancer Diagnostics Market by Product (Consumables (Anitibodies, Probes), Instruments (Pathology Instruments, Imaging Instruments, Biopsy), Technology (IVD Testing), Application (Breast Cancer, Lung Cancer), End User (Hospitals) - Global Forecasts to 2026", published by MarketsandMarkets™, is projected to reach USD 26.6 billion by 2026 from USD 17.2 billion in 2021, at a CAGR of 11.5%. Growth of the cancer diagnostics market is driven mainly by increasing incidence of cancer and growth in the number of private diagnostic laboratories.
Cancer Diagnostics Market
Cancer Diagnostics Market
Global Forecast to 2026
Cancer Diagnostics Market
is expected to reach
USD 26.6 billion by 2026
Growing at a
CAGR of 11.5% (2021 – 2026)
CANCER DIAGNOSTICS MARKET
MARKET OPPORTUNITY
CAGR of OVER NEXT 5 YEARS KEY MARKET PLAYERS BY INSTRUMENTS
2021 – 2026 26.6 b
CAGR Danaher Corporation (US)17.2 b Pathology Becton
Instruments
Dickinson and Company (US)
Bio-Rad Laboratories, Inc. (US.) Imaging
InstrumentsF. Hoffman-La Roche AG (Switzerland)
2021 2026
QIAGEN N.V. (Netherlands) Biopsy
North America BY APPLICATION
Europe
Asia Pacific
Rest of the World Breast Cancer
Lung Cancer
According to market research report "Cancer Diagnostics Market by Product (Consumables (Anitibodies,
Probes), Instruments (Pathology Instruments, Imaging Instruments, Biopsy), Technology (IVD Testing),
Application (Breast Cancer, Lung Cancer), End User (Hospitals) - Global Forecasts to 2026", published by
MarketsandMarkets™, is projected to reach USD 26.6 billion by 2026 from USD 17.2 billion in 2021, at a CAGR of
11.5%. Growth of the cancer diagnostics market is driven mainly by increasing incidence of cancer and growth
in the number of private diagnostic laboratories.
Key Players:
Danaher Corporation (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories, Inc. (US.), F. Hoffman-La
Roche AG (Switzerland), QIAGEN N.V. (Netherlands), Fujifilm Corporation (Japan), Aglient Technologies (US) and
Thermo Fisher Scientific Inc. (US) etc.
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Browse in-depth TOC on "Cancer Diagnostics Market"
300 - Tables
48 - Figures
280 – Pages
Consumables accounted for the larger share of the cancer diagnostics market in 2020
Based on the product, the cancer diagnostics industry is segmented into consumables and instruments. In 2020,
the instruments segment accounted for the larger share of the cancer diagnostics market. The large share of this
segment can be attributed to the increasing incidence of cancer and increasing number of cancer diagnostics test.
By technology, the IVD testing segment accounted for the largest industry share in 2020
Based on the technology, the cancer diagnostics market is segmented into IVD testing, imaging based technique
and biopsy technique. The IVD testing segment accounted for the largest market share in 2020. The increasing
incidence of cancer and technological advancement are major driving factors for this market.
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Hospitals are the largest end-users of the cancer diagnostics market
Based on end-users, the cancer diagnostics market is segmented into hospitals and diagnostic
laboratories. The hospitals segment accounted for the largest market share in 2020 due to the rising
number of in-house diagnostic procedures performed in hospitals, growing awareness regarding
early diagnosis, and the availability of reimbursements.
North America dominates the global Lung cancer diagnostics market
The cancer diagnostics market is segmented into four major regional segments, namely, North
America, Europe, Asia Pacific, and the Rest of the World. In 2020, North America accounted for the
largest share of the cancer diagnostics market. The large share of North America can be attributed
to factors such as the increasing incidences of cancer, growing awareness early diagnosis and
technological advancement.
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