Cancer Diagnosis Market Size, Leading Companies Outlook, Upcoming Challenges and Opportunities till 2031

SDKI Inc. published a new report on "Cancer Diagnosis Market-Forecast 2022-2031" on February 08, 2022. This study includes the statistical and analytical approaches needed to grow the cancer diagnostics market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

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The cancer diagnosis market is estimated to grow from a market value of US $ 188.29 billion in 2022 to US $ 369.71 billion by 2031, with a CAGR of 8.8% during the 2022-2031 forecast period.

Cancer diagnosis is a variety of biomarkers, proteins, and some that help identify the presence of cancerous tumors. How to identify the signs of. Efficient diagnostic tests are used to validate or rule out the presence of the disease, monitor the progression of the disease, and schedule and review treatment outcomes. Cancer diagnostic procedures may include diagnostic imaging, tumor biopsy, clinical tests (including testing for tumor markers), endoscopy, surgery, or genetic testing.

The increasing trend of preventive diagnosis due to the increased prevalence of cancer, and the early diagnosis that enables better clinical and economic outcomes for patients, are key factors driving the growth of the cancer diagnosis market during the forecast period. Cancer has a great impact on society around the world. It is one of the leading causes of death worldwide and is more common in developed and emerging markets. According to data from the American Cancer Society, about 1.7 million new cancer cases were diagnosed in the United States in 2019. According to information published in the European Journal of Cancer, an estimated 3.9 million new cancer cases and 1.9 million cancer deaths were reported in Europe in 2018.

The incredible rate of increasing prevalence of cancer has forced healthcare providers to rethink their cancer treatment goals and focus on prevention as well. This requires a cancer diagnosis that is not only specific and sensitive, but can also detect cancer at an early stage. The global prevalence of various types of cancer is expected to drive the growth of the global cancer diagnostics market. However, the enormous costs associated with diagnostic imaging systems and the development of different diagnostic approaches for different cancer mutations could curb the growth of the cancer diagnostic market during the 2022-2031 forecast period. I have.

Cancer Diagnostic Market Segment The

cancer diagnostic market is by application (blood cancer, breast cancer, colonoscopy (CRC), kidney cancer, liver cancer, lung cancer, ovarian cancer, pancreatic cancer, prostate cancer), by method (tumor biomarker test, Imaging (magnetic resonance imaging (MRI) scan, positron emission tomography (PET) scan, computer tomography (CT) scan, and mammography), endoscopy (colonoscopy, sigmoid colonoscopy, bronchoscopy, and Colonoscopy), biopsy (bone and bone marrow biopsy, needle biopsy, endoscopy)), and subdivided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

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Regional Overview of the Cancer Diagnosis Market

The cancer diagnosis market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, UK, and other Europe), Asia Pacific (China, Japan, India, Australia, Singapore, and others). Asia Pacific) and other regions.

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This release was published on openPR.