Press release
Trending Report on Cancer Diagnostics Market by Application (Breast Cancer, Lung Cancer, Colorectal Cancer, Melanoma) Future scenario 2024
Axiom Market Research & Consulting™ added a report on global cancer diagnostics market. The global cancer diagnostics market is anticipated to grow at a CAGR of 6.30% for the forecast period 2019 to 2024. The global market is estimated and forecasted in terms of revenue (USD million) generated by the cancer diagnostics market.The market was studied for technology of cancer diagnostics such as platform-based and instrument-based. Platform based technology includes Polymerase Chain Reaction(PCR), In Situ Hybridization (ISH), Immunohistochemistry(IHC), Next Generation Sequencing (NGS), DNA Microarrays, Flow Cytometry. Whereas, instrument-based technology includes imaging and biopsy.
Imaging segment is further sub-segmented into Magnetic Resonance Imaging (MRI), Computed Tomography (CT), Positron Emission Tomography- Computed Tomography (PET-CT), Mammography and Ultrasound. Based on application, the cancer diagnostics industry is segmented into lung cancer, breast cancer, colorectal cancer, melanoma and others. Moreover, the key regions considered for the study were North America, Europe, Asia-Pacific and Rest of the World.
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Rising aging population around the world is driving the market
The global cancer diagnostics market is driven by factors such as rising aging populace around the world, government activities for subsidizing, and awareness about disease. These variables increment the interest in cancer diagnostics items. However, high capital investment and dearth of skilled and experienced personnel are the major factor anticipated to hamper the growth of the global cancer diagnostics market during the forecast period.
Biopsy segment dominated the cancer diagnostics market in 2017
The biopsy section commanded the worldwide growth diagnostics market in income terms in 2017, and the pattern is anticipated to proceed all through the estimate time frame. Biopsy is the biggest portion and is relied upon to extend at a better CAGR of over the estimate time frame. The fluid biopsy test type portion is relied upon to enroll quickest Y-o-Y growth all through the estimate time frame.
In 2017, breast cancer held the largest share of cancer diagnostics market by application
Breast cancer application is relied upon to represent a noteworthy offer of the cancer diagnostics market, by application in 2017. The considerable market share is primarily attributed to increasing prevalence of breast cancer and increasing number of patients suffering from breast cancer globally.
Browse The Report: https://axiommrc.com/product/hc1782-cancer-diagnostics-market-report/
Asia Pacific is anticipated to be the fastest growing market during the forecast period 2019 to 2024
In 2017, the Asian market is slated to develop at the highest CAGR in the coming five years and fills in as an income stash for the organizations working in the malignancy diagnostics showcase. However, presently North America is anticipated to represent the biggest market share in the cancer diagnostics market, trailed by Europe and Asia.
The market is extensively studied for important countries of key regions such as North America, Europe, Asia Pacific and Rest of the World.
The leading players of the global cancer diagnostics market includes Agilent Technologies, Inc., Thermo Fisher Scientific, Inc., Illumina, Inc., Becton, Dickinson and Company, GE Healthcare, QIAGEN N.V., Abbott Laboratories, Inc., Roche Diagnostics, Siemens Healthcare, Philips Healthcare and C.R. Bard, Inc among others
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