Press release
Cancer Diagnostics Market is expected to reach USD 43.7 billion by 2031 | GE Healthcare (US) ,Abbott Laboratories (US), Hologic Inc. (US)
Cancer Diagnostics Market
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The global cancer diagnostics market size was USD 18.2 billion in 2021 and it is estimated to reach USD 43.7 billion by 2031, growing at a rate of 9.2% from 2022-2031.
Cancer diagnostics is a method of identifying different diagnostics, proteins, and some signs that leads to the identification of the presence of a cancerous tumor. Efficient diagnostic testing is used to validate or rule out the existence of illness, monitor the progression of the disease, and schedule & review treatment outcomes. Diagnostic procedures for cancer may comprise imaging, tumor biopsy, laboratory tests (comprises tests for tumor diagnostics), endoscopic examination, surgery, or genetic testing.
Market Trends and Drivers
The key factor boosting the growth of the market is the growth in the number of private diagnostic centers. The number of private diagnostic centers is increasing across the world as there is a rising demand for diagnostic imaging procedures and a growing burden on public hospitals owing to the limited number of imaging modalities at their disposal.
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Market Segments
By Product
Consumables
Instruments
By Technology
IVD Testing
Imaging
Biopsy Technique
By Application
Breast Cancer
Lung Cancer
By End User
Hospitals
Key Players
GE Healthcare (US)
Abbott Laboratories (US)
Hologic Inc. (US)
Agilent Technologies Inc.(US)
Roche Diagnostics (Switzerland)
FUJIFILM Corporation (Japan)
Danaher Corporation (US)
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