Colorectal Cancer Diagnostics Market is expected to grow at a CAGR of 8.4% by 2030

Data Bridge Market Research analyses that the Colorectal Cancer Diagnostics Market is expected to grow at a CAGR of 8.4% in the forecast period of 2023 to 2030, and is expected to reach USD 6,701.27 million by 2030. The instruments are projected to propel the market's growth as they are widely used for diagnosis in various regions, and more advanced technologies are available. Especially these instruments have a broad range of applications for research and clinical purposes, including cancer diagnosis, chromosome identification, and protein expression.

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Increasing global awareness about colorectal cancer has enhanced the market demand. The rising healthcare expenditure for better health services also contributes to the market's growth. The major market players focus on various service launches and approvals during this crucial period. In addition, the increase in improved diagnostic processes and techniques also contributes to the rising demand for colorectal cancer diagnostics testing.

Growing Prevalence of Colorectal Cancer

Colorectal cancer is sometimes called colon cancer, which is a term that combines colon cancer and rectal cancer, which begins in the . Colon cancer typically affects older adults, though it can happen at any age. It usually begins as small, noncancerous (benign) clumps of cells called polyps forming inside the colon. Over time some of these polyps can become colon cancers.

People affected with colorectal cancer can see the symptoms such as a persistent change in bowel habits, including diarrhea or constipation or a change in the consistency of the stool, rectal bleeding or blood in the stool, persistent abdominal discomfort, such as cramps, gas or pain, a feeling that the bowel doesn't empty, weakness or fatigue, and unexplained weight loss.

Some of the major players operating in the colorectal cancer diagnostics market are F. Hoffmann-La Roche Ltd., Abbott., Illumina, QIAGEN, Thermo Fisher Scientific Inc., Quest Diagnostics Incorporated, Inc. Merck KGaA., Hologic, Inc., General Electric Company, Siemens Healthcare GmbH, BD, Myriad Genetics, Inc., Koninklijke Philips N.V., Beijing O&D Biotech Co., Ltd, PlexBio Co, Ltd., FUJIFILM Corporation, CANON MEDICAL SYSTEMS CORPORATION, FONAR Corp., Medonica Co. LTD, MinFound Medical Systems Co, Sternmed GmbH, Time Medical Holding., Bio-Rad Laboratories, Inc., Neusoft Corporation, BioFire Diagnostics, and Agilent Technologies, Inc., among others.

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Top DBMR Healthcare Reports:

Europe Colorectal Cancer Diagnostics Market - Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/europe-colorectal-cancer-diagnostics-market

Asia-Pacific Colorectal Cancer Diagnostics Market - Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/asia-pacific-colorectal-cancer-diagnostics-market

Middle East and Africa Colorectal Cancer Diagnostics Market - Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/middle-east-and-africa-colorectal-cancer-diagnostics-market

North America Colorectal Cancer Diagnostics Market - Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/north-america-colorectal-cancer-diagnostics-market

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