Colorectal Cancer Market Shows Expected Growth from 2022-2028 With Upcoming Trends, Analysis by Manufacturers

The global Colorectal Cancer Market is expected to grow from US$ 18,619.3 million in 2022 to US$ 24,078.5 million by 2028; it is expected to grow at a CAGR of 3.3% from 2022 to 2028.

Factors such as the increasing prevalence of colorectal cancer, product launches, and benefits offered by generic drugs are driving the growth of the global colorectal cancer market. However, pricing pressure on drug manufacturers is hampering the global colorectal cancer market growth.

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Analysis of the Top Market Players:

1. Amgen Inc.
2. Bruker Corporation
3. Epigenomics AG
4. Clinical Genomics Technologies Pty Ltd.
5. VolitionRx Limited
6. Novigenix SA
7. F. Hoffmann-La Roche AG
8. Abbott
9. EDP Biotech
10. Quest Diagnostics

In this report, the market has been segmented on the basis of:

Modality (Diagnosis Type, Therapy Type, and Imaging Type)
End User (Hospitals and Diagnostic & Research Laboratories)

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Colorectal cancer, also known as bowel cancer, colon cancer, or rectal cancer, is any form of cancer that affects the colon. Colon and rectal cancer are often grouped together as many features are common in them. The majority of colorectal cancers generally develop over time from adenomatous (precancerous) polyps. Colorectal cancer may be benign, or non-cancerous, or malignant. Some of the risk factors for colorectal cancer involve a family history of colon or rectal cancer, diet, alcohol intake, smoking and inflammatory bowel disease. The symptoms shown by the patients who have colon cancer include changes in bowel habits, diarrhea or constipation, blood in stools that make it look black. Colorectal cancer can be treated with chemotherapy, radiotherapy, and surgery.

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