Press release
Solid Tumor Testing Market Size is Gaining Momentum; Empowering Future Innovation in Industry By 2030 | CAGR of 7.0%
Solid tumors, also known as solid cancers, is an abnormal growth of cells that do not contain liquid or cysts. These solid tumors can occur as benign (non-cancerous), which means they do not spread to other parts of the body; or can occur as malignant (cancerous) hence having the capability of spreading to other parts of the body if they are not treated promptly. According to the report, the global " ๐๐จ๐ฅ๐ข๐ ๐๐ฎ๐ฆ๐จ๐ซ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐๐ญ ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐๐ซ๐ง๐๐ซ ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.Technological advancements, the launch of various products, and strategies among key players such as acquisition, collaboration, and agreement serve as potential opportunities for the expansion of the global solid tumor testing market. The pandemic negatively altered the way cancer patients are being diagnosed and treated in the near term.
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๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐๐ง๐๐ซ๐ข๐จ:
The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global solid tumor testing market, as a huge number of medical colleges and hospitals across the globe were reconstructed to increase hospital capacity for patients diagnosed with COVID-19.
The pandemic negatively altered the way cancer patients are being diagnosed and treated in the near term. For instance, according to a review article by the National library of medicine published in 2020, it is estimated that as a result of COVID-19, screenings for cancers of the breast, colon, and cervix have dropped by 94%, 86%, and 94% between January 20, 2020, and April 21, 2020, respectively.
Leading market players of the global solid tumor testing market analyzed in the research include ๐๐๐๐๐๐, ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐, ๐๐๐๐จ๐ญ๐ญ ๐๐๐๐จ๐ซ๐๐ญ๐จ๐ซ๐ข๐๐ฌ, ๐๐ ๐ข๐ฅ๐๐ง๐ญ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ง๐., ๐๐ข๐จ๐๐๐ซ๐ ๐๐๐๐ข๐๐๐ฅ ๐๐๐, ๐ . ๐๐จ๐๐๐ฆ๐๐ง๐ง-๐๐ ๐๐จ๐๐ก๐ ๐๐, ๐๐๐๐๐๐๐๐, ๐๐๐., ๐๐๐๐๐๐ง๐จ๐ฆ๐ ๐๐๐๐ฌ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐ญ๐, ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐, ๐๐๐., ๐๐ก๐๐ซ๐ฆ๐จ ๐ ๐ข๐ฌ๐ก๐๐ซ ๐๐๐ข๐๐ง๐ญ๐ข๐๐ข๐, ๐๐ง๐.
๐๐จ๐ฅ๐ข๐ ๐๐ฎ๐ฆ๐จ๐ซ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:-
The research provides detailed segmentation of the global solid tumor testing market based on type, application, end-user, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on type, the genetic testing segment held the highest share in 2021, accounting for nearly two-thirds of the global solid tumor testing market, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is expected to register the highest CAGR of 7.3% from 2022 to 2031.
Based on application, the melanoma segment accounted for the highest share in 2021, contributing to nearly one-fifths of the global solid tumor testing market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the breast segment is expected to manifest the highest CAGR of 7.7% from 2022 to 2031.
Based on end-user, the hospital segment accounted for the highest share in 2021, holding nearly one-third of the global solid tumor testing market, and is expected to continue its leadership status during the forecast period. However, the academic research institutions segment is estimated to grow at the highest CAGR of 7.2% during the forecast period.
Based on region, North America held the largest share in 2021, contributing to around two-fifths of the global solid tumor testing market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 8.3% during the forecast period. The research also analyzes regions including Europe and LAMEA
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By Region Outlook
North America
โฆ U.S.
โฆ Canada
โฆ Mexico
Europe
โฆ UK
โฆ Germany
โฆ France
โฆ Italy
โฆ Russia
โฆ Rest of Europe
Asia-Pacific
โฆ China
โฆ Japan
โฆ India
โฆ Australia
โฆ Rest of Asia-Pacific
LAMEA
โฆ Brazil
โฆ UAE
โฆ Turkey
โฆ Saudi Arabia
โฆ Rest of LAMEA
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