Press release
Cancer Biomarkers Market is Poised to Reach USD 34 Billion with a CAGR of 12% by 2032
Cancer Biomarkers Market
Key market participants focused their efforts on R&D to create novel and reliable biomarkers for improved diagnosis and treatment. According to the National Cancer Institute (NCI), national spending on cancer care has totaled USD 156 billion throughout history.
Collaborations between various key industry players and research institutes to discover novel cancer biomarkers for personalized treatment are also projected to fuel market expansion over the forecast period.
Get Sample PDF of this report at:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4587
Many pharmaceutical companies are making significant investments in the discovery and development of new biomarkers for cancer detection and treatment. Many potential contenders are reaching the conclusion of their development cycle and are expected to deliver a big boost to the market when they launch.
Key Takeaways from the Market Study
The European cancer biomarkers market is estimated to develop at a CAGR of over 11.6% during the forecast period.
North America is the world's largest market for cancer biomarkers, accounting for more than 40% of the total.
PSA cancer biomarker testing will account for approximately half of global market revenue.
APAC will emerge as a lucrative market, with a 12% value CAGR until 2032.
"As organizations seek to modernize Cancer Biomarkers This is helping them reduce operational costs, eliminate complexity and increase data consistency across disparate platforms," says a Fact.MR Analyst
Furthermore, the introduction of multiple assay-based techniques and novel technologies for prostate cancer screening has driven up demand for PSA testing.
The breast cancer sector had the greatest share in 2021. Factors such as a growth in the global incidence of cancer, as well as an increase in the number of different types of biomarkers, including those based on cutting-edge technology.
Competitive landscape
Cancer biomarkers operate in a highly competitive global market. The top three corporations control roughly half of the market. F. Hoffmann-La Roche Ltd. is a key player in the cancer biomarkers sector, offering a diverse variety of tumor biomarker tests. Here are some important developments:
Hoffmann-La Roche Ltd. (Switzerland) introduced the Elecsys Anti-p53 immunoassay in April 2021 to aid in the diagnosis of various cancers.
In December 2020, Thermo Fisher Scientific (US) got FDA approval for an NGS-based companion diagnostic for non-small cell lung cancer tumor tissue with the EGFR Exon20 insertion mutation.
Qiagen N.V. (Netherlands) introduced therascreen BRAF as a companion diagnostic to a BRAFTOVI (encorafenib)-based treatment in metastatic colorectal cancer in April 2020.
The cancer biomarkers market in Europe is predicted to expand significantly over the forecast period, driven by an increase in the number of occurrences of lung cancer. Lung cancer biomarkers include CYFRA 21-1, Plasma Kallikrein (KLKB1), Serum Amyloid A (SAA), Haptoglobin ฮฒ Chain (Hp ฮฒ), Complement Component 9 (C9), Endoglin (CD105), Peroxiredoxin 1 (PRX1), and Pro-gastrin-releasing Peptide (program).
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=4587
Many players are performing considerable research to identify key epigenetic alterations associated with cancer in order to create diagnostics and cancer-targeting medicines. Increased collaboration among pharmaceutical companies to develop novel treatments targeting epigenetic biomarkers is projected to boost growth in this market.
Key Segments Covered in the Cancer Biomarkers Industry Report
Cancer Biomarkers by Test Type
PSA
CTC
AFP
CA
HER2
BRCA
ALK
CEA
EFGR Mutation
KRAS Mutation
Other
Cancer Biomarkers by Illness Indication
Blood
Prostat
Ovarian
Stomach
Liver
Other
Cancer Biomarkers by Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
๐๐๐๐ ๐๐จ๐ซ๐: https://www.factmr.com/report/4587/cancer-biomarkers-market
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global cancer biomarkers market, presenting historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of test type (PSA tests, CTC tests, AFP tests, CA tests, HER2 tests, BRCA tests, ALK Tests, CEA tests, EFGR mutation tests, KRAS mutation tests and others) and by illness indication (blood cancer, prostate cancer, ovarian cancer, stomach cancer, liver cancer and others) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
๐๐จ๐ง๐ญ๐๐๐ญ:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cancer Biomarkers Market is Poised to Reach USD 34 Billion with a CAGR of 12% by 2032 here
News-ID: 3504748 • Views: โฆ
More Releases from Fact.MR
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA โฆ
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % betweenโฆ
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; โฆ
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032.
Market Drivers & Outlook
The demand forโฆ
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva โฆ
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems.
Keyโฆ
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico โฆ
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rateโฆ
More Releases for Cancer
Cancer Therapeutics Market New Business Opportunities to Hit $180.19 billion by โฆ
Surge in geriatric population and rise in the number of collaborations & partnerships to facilitate drug development are the key drivers of the global cancer therapeutics market. In addition, heavy inflow of investment in R&D activities has enhanced the development of cancer therapeutics. Furthermore, favorable government regulations for cancer therapeutics and surge in cancer prevalence boost the market. The high demand for personalized medicine along with high potential of emergingโฆ
Global Cancer Diagnostics Market Size, Trends & Growth Opportunity By Applicatio โฆ
Cancer diagnostics is a process of detecting various proteins, biomarkers and certain symptoms that result in the detection of presence of cancerous tumour in patients. Detection of certain proteins and biomarkers which are prevalent in cancer disorder thereby results in diagnosis process. Cancer diagnostics includes usage of certain technology and devices for detection purpose.
Increase in incidence of target diseases like cancer is key driving factor which is expected to boostโฆ
2019-2027 Oncology Nutrition Market is driven by Major Cancer Type - Head and Ne โฆ
The "Global Oncology Nutrition Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of oncology nutrition market with detailed market segmentation by cancer type and geography. The global oncology nutrition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of theโฆ
Cancer Immunotherapy Market 2018 To 2025 - SWOT Analysis By Global Industry Reve โฆ
The Cancer Immunotherapy Market research report provided by Crystal Market Research (CMR) is the most detailed study about Cancer Immunotherapy Market that is estimated to grow at a tremendous rate over the forecast period 2018-2025. This report contains precise and updated insights in respect with the leading market players and prevailing regions of the business.
Cancer Immunotherapy Market By Product and Cancer Type - Global Industry Analysis And Forecast To 2025:โฆ
Oncology Nutrition Market by Cancer Type Breast Cancer, Liver Cancer, Lung Cance โฆ
Lunch of new products for nutrition of oncology patients is expected to drive the oncology nutrition market growth. For instance, in 2016, Hormel Food Corporation, a U.S-based meat food products company, launched a line of packaged ready-to-eat meals for cancer patients, which are called as Hormel Vital Cuisine.
These meals consist of carbohydrates, proteins, and fats to help patients fight loss of muscle mass and energy during cancer treatment. Thus launchโฆ
Tumor Ablation Global Market From 2014 - 2024: Segmented Into Liver Cancer, Lung โฆ
Researchmoz added Most up-to-date research on "Tumor Ablation Global Market From 2014 - 2024: Segmented Into Liver Cancer, Lung Cancer, Kidney Cancer, Bone Cancer, Breast Cancer, Prostate Cancer, And Others" to its huge collection of research reports.
Tumor ablation is the removal of the tumor cells or tissue with minimally invasive procedure. Tumor ablation devices are consists of an applicator (catheter), which is introduced into the tumor under imaging guidance. Forโฆ
