Prominent Cancer Biopsy Market Trend for 2025: Advancements In Cancer Diagnostics For Early Detection And Personalized Treatment

How Are the key drivers contributing to the expansion of the cancer biopsy market?
As cancer prevalence rises globally, so does the demand for cancer biopsies. Biopsy procedures are critical for diagnosing and determining the type, stage, and spread of cancer, and as the incidence of cancer continues to increase due to various factors, the need for advanced biopsy technologies grows. The rising global cancer burden is a key factor propelling the market for cancer biopsy procedures and related diagnostics.

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What growth opportunities are expected to drive the cancer biopsy market's CAGR through 2034?
The cancer biopsy market is forecasted to grow rapidly from $25.08 billion in 2024 to $28.52 billion in 2025 at a CAGR of 13.7%. Growth is fueled by rising awareness of liquid biopsies, increasing genetic testing for oncology disorders, growing adoption of minimally invasive biopsy techniques, and rising demand for tissue biopsies.

The cancer biopsy market is projected to experience rapid growth, reaching $47.2 billion by 2029 at a CAGR of 13.4%. Growth factors include an increase in the number of patients, an aging population, a growing number of suspected breast cancer cases, a rise in cancer diagnoses and biopsy testing, and an overall increase in patient numbers. Major trends in the forecast period include technological advancements, the integration of artificial intelligence and machine learning, the incorporation of multi-omics, product innovations, and the development of point-of-care biopsy devices.

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What are the emerging trends shaping the future of the cancer biopsy market?
In the cancer biopsy market, companies are focusing on liquid biopsy techniques to enable early, non-invasive cancer detection. For example, in May 2023, Labcorp, a US-based provider of cancer diagnostic products, introduced Labcorp Plasma Focus, a liquid biopsy test that detects cancer-related biomarkers in plasma. This test analyzes circulating cell-free DNA (cfDNA) to construct a genomic profile, identifying mutations associated with various cancers.

Which growth-oriented segments of the cancer biopsy market are leading the industry's development?
The cancer biopsymarket covered in this report is segmented -

1) By Type: Tissue Biopsies, Liquid Biopsies, Other Types
2) By Application: Breast Cancer, Colorectal Cancer, Cervical Cancers, Lung Cancers, Prostate Cancers, Skin Cancers, Blood Cancers, Kidney Cancers, Other Applications
3) By End User: Hospitals, Diagnostic Laboratories, Other End Users

Subsegments:
1) By Tissue Biopsies: Core Needle Biopsies, Fine Needle Aspiration (FNA) Biopsies, Incisional Biopsies, Excisional Biopsies
2) By Liquid Biopsies: Circulating Tumor Cell (CTC) Analysis, Circulating Tumor DNA (ctDNA) Testing, Plasma Biomarker Testing
3) By Other Types: Bone Biopsies, Endoscopic Biopsies, Brush Biopsies, Skin Biopsies

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What regions are leading the charge in the cancer biopsy market?
North America was the largest region in the cancer biopsy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cancer biopsy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the cancer biopsy market?
Major companies operating in the cancer biopsy market are Thermo Fisher Scientific Inc., Danaher Corporation, Becton dic*kinson and Company, Roche Diagnostics GmbH, Hologic Inc., Illumina Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Exact Sciences Corporation, Myriad Genetics Inc., Guardant Health Inc., Veracyte Inc., GRAIL Inc., Freenome Holdings Inc., Biodesix Inc., Chronix Biomedical Inc., Biocept Inc., Personal Genome Diagnostics Inc., Agena Bioscience Inc., Oncimmune Holdings plc, Exosome Diagnostics Inc., Epigenomics AG, Genesystems Inc., Lucence Diagnostics Pte. Ltd., ANGLE plc

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What Is Covered In The Cancer Biopsy Global Market Report?

•Market Size Forecast: Examine the cancer biopsy market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cancer biopsy market for a structured understanding.
•Key Players Overview: Analyze major players in the cancer biopsy market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cancer biopsy market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cancer biopsy market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cancer biopsy market.
•Industry Challenges: Identify potential risks and obstacles affecting the cancer biopsy market.
•Competitive Landscape: Review strategic developments in the cancer biopsy market, including expansions, agreements, and new product launches.

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