Press release
Cancer Tumor Profiling Market Witnessing Rapid Growth: Key Drivers, Market Size, and Latest trends
Cancer Tumor Profiling Market
Accelerating at a CAGR of 15.3% from 2024 to 2025 and 14% from 2025 to 2029, the global Cancer Tumor Profiling market is set to experience significant expansion. Driven by advances in precision medicine initiatives, improved cancer diagnostics, targeted therapy options, and supportive regulatory frameworks, the market is witnessing an outlook of upward trajectory.
What Is The Projected Market Size Of The Global Cancer Tumor Profiling Market And Its Growth Rate?
The Global Cancer Tumor Profiling Market has been showing a promising growth in recent years and this trend is expected to continue:
- The market size is projected to grow from $13 billion in 2024 to $14.99 billion in 2025.
- The Compound Annual Growth Rate (CAGR) during this period is expected to be 15.3%.
- The market size is forecasted to reach $25.33 billion in 2029, growing at a CAGR of 14.0%.
- This growth is expected to be shaped by factors such as the expansion of immunotherapy and immunoprofiling in cancer treatment, development of liquid biopsy, and the increasing demand for rare and orphan cancer subtype profiling.
What Is Driving The Growth In The Cancer Tumor Profiling Market?
The escalating incidents of cancer across the globe are the driving force behind the growth of the Cancer and Tumor Profiling market. With increasing incidences of cancer, necessitates the demand for cancer tumor profiling to ascertain the severity of the disease. Therefore, the surge in cancer cases worldwide is propelling the growth of the cancer and tumor profiling market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6053&type=smp
Who Are the Key Players Driving Cancer Tumor Profiling Market Growth?
The market growth is being steered by some of the major players which include:
- F. Hoffmann-La Roche Ltd.
- Caris Life Sciences
- Thermo Fisher Scientific Inc.
- Illumina Inc.
- Qiagen
- Ribomed Biotechnologies Inc.
- HTG Molecular Diagnostics Inc.
- NanoString Technologies Inc.
- NeoGenomics Laboratories Inc.
What Are The Key Trends In The Cancer Tumor Profiling Market?
Here are some of the emerging trends in the market:
- Integration of tumor profiling into routine clinical practice
- Advances in multi-omics approaches
- Integration of AI and machine learning in data analysis
- Personalized medicine and targeted therapy development
- Advances in genomics and next-generation sequencing (ngs) technologies
What Are The Segments Of The Global Cancer Tumor Profiling Market?
The Cancer Tumor Profiling market is segmented based on:
- Cancer Type: Includes Lung Cancer, Breast Cancer, Colorectal Cancer, Prostate Cancer, and others
- Technology: Consists of Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Immunohistochemistry (IHC), In Situ Hybridization (ISH), Microarray, amongst others
- Process Type: Covers Genomics, Proteomics, Epigenetics, Metabolomics, and others
- Application: Spans across Personalized Medicine, Diagnostics, Biomarker Discovery, Prognostics, and Research Applications
Which Region Leads The Cancer Tumor Profiling Market?
North America led the global Cancer and Tumor Profiling market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Order the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/cancer-tumor-profiling-global-market-report
What Is Covered In The Cancer Tumor Profiling Market Global Market Report?
- Market Size Analysis: Analyze the Cancer Tumor Profiling Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cancer Tumor Profiling Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cancer Tumor Profiling Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cancer Tumor Profiling Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Customization for This Report Can Be Requested Here:
https://www.thebusinessresearchcompany.com/Customise?id=6053&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company:
The Business Research Company offers extensive, data-rich research and insights across 27 industries covering 60-plus geographies. With over 15,000 reports and 1,500,000 datasets, its unique insights from industry leaders help you stay ahead.
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 Tumor Profiling Market Witnessing Rapid Growth: Key Drivers, Market Size, and Latest trends here
News-ID: 3812457 • Views: …
More Releases from The Business research company
Handguns Market Overview, Emerging Developments, and Key Player Analysis
An Overview of the Expanding Handguns Market
The global handguns market is set to experience significant growth in the coming years, driven by innovations and increasing demand across various user groups. This report offers insights into the market size, key drivers, prominent players, emerging trends, and segmentation, providing a comprehensive understanding of the industry's current landscape and future prospects.
Download a free sample of the handguns market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=25341&type=smp
Projected Growth and Market Size…
Leading Companies Fueling Growth and Innovation in the Ground Handling Systems M …
The ground handling systems market is on track for notable expansion as the aviation sector increasingly embraces advanced technologies and sustainability initiatives. This growth reflects broader trends in airport infrastructure development, cargo logistics, and digital innovation, which are reshaping how ground operations are managed globally. Let's explore the market's growth expectations, leading players, emerging trends, and detailed segmentation.
Projected Market Growth and Size of the Ground Handling Systems Market
The ground…
Future Prospects: Key Trends Shaping the GEO Satellite Market Until 2030
The global GEO satellite market is positioned for meaningful growth over the coming years, driven by advancements in technology and increasing demand across various sectors. Understanding the market's size, key players, technological trends, and segmentation provides valuable insight into the evolving landscape and future opportunities of this industry.
Projected Market Growth and Size of the GEO Satellite Market by 2030
The GEO satellite market is anticipated to experience steady expansion, reaching…
Emerging Sub-Segments Transforming the Flying Taxis Market Landscape
The concept of flying taxis has moved from science fiction toward becoming a practical mode of transportation. With rapid technological advancements and increasing investments, this market is positioned for impressive growth as it aims to redefine urban mobility and reduce ground traffic congestion. Below is an overview of the flying taxis market, its growth drivers, key players, and emerging trends shaping the future of urban air travel.
Anticipated Growth of the…
More Releases for Cancer
Cancer Therapeutics Market New Business Opportunities to Hit $180.19 billion by …
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 emerging…
Global Cancer Diagnostics Market Size, Trends & Growth Opportunity By Applicatio …
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 boost…
2019-2027 Oncology Nutrition Market is driven by Major Cancer Type - Head and Ne …
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 the…
Cancer Immunotherapy Market 2018 To 2025 - SWOT Analysis By Global Industry Reve …
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:…
Oncology Nutrition Market by Cancer Type Breast Cancer, Liver Cancer, Lung Cance …
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 launch…
Tumor Ablation Global Market From 2014 - 2024: Segmented Into Liver Cancer, Lung …
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. For…
