Cancer Biopsy Market to Witness Remarkable Growth, Aiming at USD 61.06 Billion by 2030 | SNS Insider

Cancer Biopsy Market Scope and Overview

The market size of the Cancer Biopsy industry was estimated to be USD 26.24 billion in 2022. It is projected to witness substantial growth and reach USD 61.06 billion by 2030, with a compound annual growth rate (CAGR) of 11.13% during the forecast period from 2023 to 2030.

This remarkable growth can be attributed to several factors, including the increasing prevalence of cancer worldwide and the rising demand for early and accurate diagnosis. Cancer biopsy, as a crucial diagnostic tool, plays a pivotal role in identifying and characterizing cancerous cells, aiding in the formulation of effective treatment strategies.

Furthermore, advancements in technology and the introduction of innovative biopsy techniques have significantly improved the accuracy and efficiency of cancer diagnosis. These advancements, coupled with the growing awareness among individuals regarding the importance of early detection, have fueled the demand for cancer biopsy procedures.

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Major Players Listed in the Report are as Follows:
ANGLE Plc, BD (Becton, Dickinson and Company), Biocept, Inc., Danaher, F. Hoffmann-La Roche Ltd., Hologic, Inc., Illumina, Inc., Myriad Genetics, Qiagen N.V., Thermo Fisher Scientific, Inc, and other players..

Cancer Biopsy Market Segmentation as Follows:

By Product
• Kits and Consumables
• Instruments
• Services

By Type
• Tissue Biopsies
• Surgical Biopsies
• Liquid Biopsies
• Core Needle Biopsy (CNB)
• Needle Biopsies
• Fine Needle Aspiration (FNA)
• Others

By Application
• Breast Cancer
• Prostate Cancers
• Cervical Cancers
• Colorectal Cancer
• Pancreatic Cancers
• Lung Cancers
• Kidney Cancers
• Blood Cancers
• Ovarian Cancers
• Skin Cancers
• Liver Cancers

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Geographically, North America currently dominates the Cancer Biopsy market, accounting for a significant share. This can be attributed to the presence of well-established healthcare infrastructure, a high prevalence of cancer cases, and the availability of advanced diagnostic technologies. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing healthcare expenditure, rising awareness, and improving healthcare infrastructure in emerging economies.

In conclusion, the Cancer Biopsy market is poised for substantial growth in the coming years, driven by factors such as the rising prevalence of cancer, technological advancements, and increasing awareness. As the demand for accurate and early cancer diagnosis continues to surge, the market is expected to witness significant expansion, providing lucrative opportunities for industry players.

Table of Content
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Cancer Biopsy Market Dynamics
Chapter 4 Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)
Chapter 5 Value Chain Analysis
Chapter 6 Porter's 5 forces model
Chapter 7 PEST Analysis
Chapter 8 Cancer Biopsy Market Segmentation, By Product
Chapter 9 Cancer Biopsy Market Segmentation, By Type
Chapter 10 Cancer Biopsy Market Segmentation, By Application
Chapter 11 Regional Analysis
Chapter 11 Company profile
Chapter 12 Competitive Landscape
Chapter 13 Use Case and Best Practices
Chapter 14 Conclusion

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This release was published on openPR.