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The Kidney Cancer Diagnostics And Therapeutics Market: Sustained Growth, Key Market Drivers, and Broadening Horizons
Kidney Cancer Diagnostics And Therapeutics Market Share
What Is The Projected Market Size Of The Global Kidney Cancer Diagnostics And Therapeutics Market And Its Growth Rate?
• The market size of the kidney cancer diagnostics and therapeutics rose from $4.1 billion in 2024 to a projected $4.32 billion in 2025, marking a compound annual growth rate (CAGR) of 5.4%.
• Key contributors to this historic growth include advancements in molecular biology, clinical trials, surgical innovations, and improved access to healthcare.
• Over the next few years, the market size is expected to further grow to $5.68 billion in 2029 at a CAGR of 7.0%.
• Factors contributing to this forecasted increase include progress in biomarker research, genomic sequencing, telemedicine, precision medicine, and rapid diagnostic technologies.
What Is Driving The Growth In The Kidney Cancer Diagnostics And Therapeutics Market?
The escalating incidence of kidney cancer is driving the growth of the kidney cancer diagnostics and therapeutics market. Kidney cancer occurs when the standard cells in one or both kidneys change abnormally and exhibit uncontrolled growth, forming a mass known as a renal cortical tumor. The diagnostics and therapeutics for kidney cancer play a crucial part in managing and treating the disease, offering numerous benefits such as early detection, accurate diagnosis, and personalised medicine. For instance, the American Society of Clinical Oncology (ASCO) reported that kidney cancer will be discovered in 81,800 individuals in the United States in 2023. Consequently, the increasing prevalence of kidney cancer is expected to propel the growth of the kidney cancer diagnostics and therapeutics market.
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Who Are the Key Players Driving Kidney Cancer Diagnostics And Therapeutics Market Growth?
• Pfizer Inc.
• F. Hoffmann-La Roche Ltd.
• Merck & Co. Inc.
• Bayer AG
• Novartis AG
• Sanofi S.A
• Bristol-Myers Squibb Pharmaceuticals Limited
• Thermo Fisher Scientific Inc.
• AstraZeneca PLC
• Abbott Laboratories
• Takeda Pharmaceutical Company Limited
• Eli Lilly and Co Ltd.
• Amgen Inc.
• Siemens Healthcare GmbH
• Laboratory Corporation of America Holdings
• Regeneron Pharmaceuticals Inc.
• Astellas Pharma Inc.
• Eisai Co. Ltd.
• Illumina Inc.
• PerkinElmer Inc.
• Ipsen S.A
• Bio-Rad Laboratories Inc.
• QIAGEN NV
• Exelixis Inc.
• Myriad Genetics Inc.
• Invitae Corporation
• Guardant Health Inc.
• GeneDx LLC
• CD Genomics
• Genpath Life Sciences Private Limited
What Are The Key Trends In The Kidney Cancer Diagnostics And Therapeutics Market?
- Integration of palliative care
- Care for long-term survivors
- Intervention in nutrition and lifestyle
- Expanded role of radiomics
- Adoption of liquid biopsies
What Are The Segments Of The Global Kidney Cancer Diagnostics And Therapeutics Market?
1) Clear Cell RCC, Papillary RCC, Chromophobe RCC, Urothelial Carcinoma And Transitional Cell Carcinoma, Other Cancer Types.
2) Drugs, Diagnostics.
3) Diagnostics: Biopsy, CT Scan, Nephro-Ureteroscopy, Intravenous Pyelogram, Ultrasound.
4) Targeted Therapy, Immunotherapy, Chemotherapy.
5) Hospitals, Pharmaceutical Labs, Genomics Laboratories.
Which Region Leads The Kidney Cancer Diagnostics And Therapeutics Market?
North America was the largest region in the kidney cancer diagnostics and therapeutics market in 2024. However, Asia-Pacific is expected to be the fastest-growing region over the predicted period. This report covers multiple geographical regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Kidney Cancer Diagnostics And Therapeutics Market Global Market Report?
- Market Size Analysis: Analyze the Kidney Cancer Diagnostics And Therapeutics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Kidney Cancer Diagnostics And Therapeutics 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 Kidney Cancer Diagnostics And Therapeutics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Kidney Cancer Diagnostics And Therapeutics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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