Press release
Global Cancer Diagnostics Market Explores Overall Study to Share, Demand, Growth and Predictions up to 2030 : Covid 19 Growth And Change
Cancer Diagnostics Market
The global cancer diagnostics market is expected to decline from $159.8 billion in 2019 to $154.4 billion in 2020 at a compound annual growth rate (CAGR) of -3.4%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. The cancer patients are more susceptible to coronavirus as they are in an immunosuppressive state because of the malignancy and anticancer treatment. There is an increase in avoidable cancer deaths due to delay in diagnostics given to cancer patients caused by COVID 19 pandemic. The market is then expected to recover and grow at a CAGR of 9.9% from 2021 and reach $202.6 billion in 2023.
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The cancer diagnostics market consists of sales of cancer diagnostic devices and equipment. Cancer diagnostic equipment is used to identify biomarkers, proteins and symptoms in order to detect a cancerous tumor in the patient. Cancer diagnostics market is segmented into companion diagnostics and molecular diagnostics.
A high prevalence rate of various types of cancers is a major driver of the cancer diagnostics market. This is because the increasing incidences of various types of cancers is leading to more number of people opting for diagnosis and treatment.
Cancer Diagnostics Market Segmentation:
By Products
1.Companion diagnostics
2.Molecular diagnostics
By End-User
1.Cancer Research Institutes
2.Diagnostic Laboratories
3.Hospitals and Others
By Method
1.Biopsy
2.Endoscopy
3.Tumor Biomarker Tests
4.Imaging
By Application
1.Cervical Cancer
2.Breast Cancer
3.Liver Cancer
4.Blood Cancer
5.Kidney Cancer
6.Colorectal Cancer
7.Pancreatic Cancer
8.Ovarian Cancer
9.Melanoma and Others
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Few Points From Table Of Content
1. Executive Summary
2. Cancer Diagnostics Market Characteristics
3. Cancer Diagnostics Market Size And Growth
4. Cancer Diagnostics Market Segmentation
5. Cancer Diagnostics Market Regional And Country Analysis
.....
25. Cancer Diagnostics Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Cancer Diagnostics Market
27. Cancer Diagnostics Market Trends And Strategies
28. Cancer Diagnostics Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the cancer diagnostics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the cancer diagnostics market are Abbott, Becton Dickinson and Company, Hoffmann-La Roche Ltd, GE Healthcare Ltd, Thermo Fisher Scientific, Siemens Healthcare GmbH, Accuray, Illumina, Elekta AB, C.R. Bard, Inc., Biogenex Laboratories
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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