Global Cancer Diagnostics Market Size, Trends & Growth Opportunity By Application (Breast Cancer, Lung Cancer, Cervical Cancer, Kidney Cancer, Pancreatic Cancer, and Others) Forecast till 2027

Cancer diagnostics is a process of detecting various proteins, biomarkers and certain symptoms that result in the detection of presence of cancerous tumour in patients. Detection of certain proteins and biomarkers which are prevalent in cancer disorder thereby results in diagnosis process. Cancer diagnostics includes usage of certain technology and devices for detection purpose.

Increase in incidence of target diseases like cancer is key driving factor which is expected to boost the global cancer diagnostic market growth. For instance, according to WHO (World Health Organization) cancer is the foremost cause of mortality across the world, which holding account around 9.6 million deaths in 2018. Furthermore, continuous growth of the healthcare and diagnostics sector will positively contribute the market growth during this forecast period. Also, rise in collaborative and independent government as well as private sector initiatives will drive the market growth. Moreover, increase in technological advancements in target disease screening tests will propel the market growth.

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However, high capital investments and low benefit cost ratio for biomarkers is the major challenging factor which is expected to hinder the global cancer diagnostics market growth. Furthermore, high cost of diagnostic imaging systems will hamper the market growth during this analysis period.

Market Segmentation

Global Cancer Diagnostics Market is segmented into diagnostic type such as Diagnostic Imaging Tests, Biopsy and Cytology Tests, Tumor Biomarkers, and Others. Further, market is segmented into application such as Breast Cancer, Lung Cancer, Cervical Cancer, Kidney Cancer, Pancreatic Cancer, and Others.
Also, Global Cancer Diagnostics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa

Market Key Players

Various key players are discussed in this report such as Becton, Dickinson and Company, GE Healthcare, Abbott, Roche, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Illumina, Inc., Siemens Healthcare, and C.R. Bard, Inc.

Market Taxonomy

By Diagnostic Type

• Diagnostic Imaging Tests
• Biopsy and Cytology Tests
• Tumor Biomarkers
• Others

By Application

• Breast Cancer
• Lung Cancer
• Cervical Cancer
• Kidney Cancer
• Pancreatic Cancer
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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Vishal Thakur
Research Support Specialist
QualiKet Research
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This release was published on openPR.