Global hemato oncology testing market was valued at $2.62 billion in 2020 with a CAGR of 14.5% from 2021 to 2027.

Global Hemato Oncology Testing Market Research Analysis 2016-2020 and Forecast 2021-2027

Hematology deals with blood, blood-forming organs and blood diseases. Hematology tests include tests on the blood, blood proteins and blood-producing organs. Hematology tests evaluate the blood conditions including infection, anemia, inflammation, blood-clotting disorders, hemophilia, leukemia and the body's response to chemotherapy treatments.

The increasing prevalence and incidence of hematologic cancer is a key driving factor of the market. According to the Leukemia Research Foundation, in 2020, more than 1.3 million people in the United States are living with blood cancer. In 2020, more than 175,000 new cases of blood cancer were diagnosed in the United States. Blood cancers account for approximately 10% of all new cancer cases diagnosed and are estimated 68,000 deaths from blood cancer in 2020. Around 60,300 people are expected to be diagnosed with leukemia in 2020, and over 382,000 people are living with leukemia. In 2020, 83,200 people were diagnosed with non-Hodgkin or Hodgkin Lymphoma, and over 845,076 people are living with lymphoma. Around 118,273 people are living with myeloma in the United States, and over 118,273 people were living with myeloma in 2020. According to the Leukaemia Foundation Australia, in 2020, more than 110000 people are living with blood cancer and other related blood disorder in Australia. More than 17000 Australians are diagnosed with a new blood cancer such as leukemia, lymphoma and myeloma every year, and over 5,600 people in Australia are expected to die from blood cancer or related blood disorders in 2020. In India, around 1.5 million cases of blood cancer are registered each year.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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Top key players @ Abbott Laboratories, Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd., QIAGEN N.V., Bio-Rad Laboratories, Inc., Illumina, Inc., Invivoscribe, Inc., Adaptive Biotechnologies, Invitae, and ARUP Laboratories Inc.

Assay Kits & Reagents and Servicesis the type segment of the market scope. By application, the market is divided into Leukemia, Lymphoma, and Others. By end-user, the market is further segmented into Hospitals, Clinical Laboratories, and Others.The report covers valueof the global market by type, application, and end user.

Based on the product, Assay Kits & Reagents showed significant growth in 2020, owing to the rising incidence of leukemia, non-Hodgkin lymphoma, and myeloma cancers, rising awareness regarding advanced testing and treatment therapies, and commercialization of regulatory approved testing kit for blood cancer.

North America, Europe, AsiaPacific, South America, and Middle East & Africa are taken into consideration at the global hemato oncology testing value figures. While North America is further categorized into enhancing the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involvingGCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America was dominating the hemato oncology testing market in 2020 due to the rising prevalence of leukemia, non-Hodgkin lymphoma, and myeloma cancers, the collaboration between companies to develop hemato oncology testing kits and increasing regulatory approval of hemato oncology testing kits.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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