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Theranostics Global Market Report 2025: Market Size, CAGR, Key Drivers, and Trends
Theranostics Market
What Is The Projected Market Size Of The Global Theranostics Market And Its Growth Rate?
• The theranostics market size grew rapidly from$111.1 billion in 2024 to $123.33 billion in 2025, signifying a compound annual growth rate (CAGR) of 11.0%.
• The increase in the historic period is attributed to advancements in molecular imaging, shift to value-based healthcare, and emphasis on integration in oncology.
• The theranostics market is expected to see rapid growth, reaching "$185.73 billion in 2029 at a CAGR of 10.8%.
• Growth in the forecast period can be attributed to the rise in precision medicine initiatives, expanding applications beyond oncology, increasing population aging and chronic diseases, advancements in biomarker discovery, and government support and funding.
What Is Driving The Growth In The Theranostics Global Market Report 2025?
The growth of the theranostics market is driven by rising prevalence of cancer. Uncontrolled cell growth in various organs create significant morbidity and mortality worldwide. Theranostics, the integration of therapeutics and diagnostics, offers promising potential, especially in the cancer and chronic disease management. This approach enables personalized and targeted treatments by combining diagnostic and therapeutic capabilities. As per the National Cancer Institute (NCI), about 5.4% of the US population, equating to 18.1 million individuals, are cancer survivors. In addition, there were 623,405 people living with metastatic diseases in 2022, a number projected to rise to 693,452 by 2025. Hence, the rising prevalence of cancer is driving the theranostics market.
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Who Are the Key Players Driving Theranostics Global Market Report 2025 Growth?
• Abbott Laboratories
• Agilent Technologies Inc.
• AmeriPath Inc
• Beckman Coulter Inc.
• Thermo Fisher Scientific Inc
• Astellas Pharma
• Helmholtz Centre for Infection Research
• Radiopharm Theranostics Ltd
• Alpha- Theranostics
• UNIVERZITET U NOVOM SADU
• Cardio-Theranostics LLC
• Curium
• SoFi Technologies Inc.
• Theradiag
• Cell Theranostics
• F. Hoffmann-La Roche AG
• GE HealthCare Technologies Inc
• Qiagen NV
• Foundation Medicine Inc
• Leica Biosystems Nussloch GmBH
• Pfizer Inc.
• Siemens Healthineers
• Advanced Accelerator Applications
• AstraZeneca plc
• Bayer AG
• Bio-Rad Laboratories
• The Bristol-Myers Squibb Company
• Danaher Corporation
• MilliporeSigma
• Illumina Inc.
• Merck KGaA
• Roche Diagnostics Corporation
• PerkinElmer Inc.
What Are The Key Trends In The Theranostics Global Market Report 2025?
• Regulatory Support
• Rise of Companion Diagnostics
• Increased Focus on Cancer Theranostics
• Enhanced Patient Engagement and Awareness
• Technological Convergence
What Are The Segments Of The Global Theranostics Market?
• By Disease Type: Neurological Disorders, Cardiovascular Diseases, Immunological Disorders, Oncology Diseases, Other Diseases
• By Technology: Polymerase Chain Reaction, Immunohistochemistry, In-Situ Hybridization, Sequencing, Other Technologies
• By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
Which Region Leads The Theranostics Global Market Report 2025?
North America was the largest region in the global theranostics market in 2024. However, Asia-Pacific is expected to witness the fastest growth in the forecast period. The report also covers regions such as Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Theranostics Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Theranostics Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Theranostics Global Market Report 2025 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 Theranostics Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Theranostics Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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