Press release
Global Population Screening Market: Exploring Growth Drivers and Key Trends Through 2025 and Beyond
"Expanding at a CAGR of 7.3%, the global population screening market is projected to rise from $29.31 billion in 2024 to $31.46 billion in 2025. The market is set to exhibit strong growth in future, projected to reach $41.51 billion in 2029 at a CAGR of 7.2%.
What Is The Projected Market Size Of The Global Population Screening Market And Its Growth Rate?
•The population screening market has grown strongly in recent years, and it is projected to escalate from $29.31 billion in 2024 to $31.46 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%.
•Attributable to various factors such as disease prevention initiatives, government health policies, rising healthcare costs, and increased disease awareness.
•Forecasts suggest the market will expand to $41.51 billion in 2029 at a CAGR of 7.2%, driven by a shift towards personalized medicine, aging population and chronic diseases, integration of AI and data analytics, and the expansion of screening access.
What Is Driving The Growth In The Population Screening Market?
As cancer cases rise, so does the need for early detection, propelling the growth of the population screening market. Population screening helps to detect cancer at an early stage when it is more likely to be treated effectively. With cancer deaths rising every year, population screening becomes crucial. For example, the American Cancer Society reported 608,570 cancer deaths in 2022, an increase from 606,520 cancer deaths in 2021. As a result, the increasing prevalence of cancer is driving the growth of the population screening market.
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Who Are the Key Players Driving Population Screening Market Growth?
•F. Hoffmann-La Roche Ltd.
•Thermo Fisher Scientific Inc.
•Abbott Laboratories
•Siemens Healthineers AG
•Quest Diagnostics Incorporated
•Eurofins Scientific SE
•Agilent Technologies Inc.
•Sonic Healthcare Limited
•Illumina Inc.
•SYNLAB International GmbH
•Quidel Corporation
•Bio-Rad Laboratories Inc.
•Unilabs
•Qiagen N.V.
•Exact Sciences Corporation
•ARUP Laboratories Inc.
•LGC Limited
•OPKO Health Inc.
•Natera Inc.
•Cerba HealthCare S.A.S
•Invitae Corp
•Amedes Holding GmbH
•Grail
•Luminex Corporation
•Novogene Co. Ltd.
•Trinity Biotech
•Gene by Gene Ltd.
•Innova Medical Group Inc.
•Evoq Technologies LLC
•LabPLUS
What Are The Key Trends In The Population Screening Market?
•Advancements in Medical Technology
•Genomics and Precision Screening
•Telehealth and Remote Screening
•Multi-Disease Screening Panels
•Health Equity and Accessibility
What Are The Segments Of The Global Population Screening Market?
•By Product: Hardware Equipment, Testing Or Lab, Analytics Or Interpretation
•By Gender: Male, Female
•By Age: Ages Less Than 15, 15-65, Ages 65 And Above
•By Business: Hospitals, Research Institutes, Diagnostic Labs
Which Region Leads The Population Screening Market?
North America was the largest region in the population screening market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period.
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What Is Covered In The Population Screening Market Global Market Report?
- Market Size Analysis: Analyze the Population Screening Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Population Screening 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 Population Screening Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Population Screening Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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