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In-Depth Analysis of the Colorectal Cancer Screening Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Colorectal Cancer Screening
The aging population is expected to drive the growth of the colorectal cancer screening market. As the proportion of older adults continues to rise globally, the risk of colorectal cancer increases, making regular screening crucial for early detection and prevention. With more individuals aged 65 and older, especially in the U.S., the demand for colorectal cancer screening is expected to grow significantly in the coming years.
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How will the growth rate of the colorectal cancer screening market shape industry trends by 2034?
The colorectal cancer screening market has expanded significantly. It is expected to rise from $15.61 billion in 2024 to $16.6 billion in 2025 at a CAGR of 6.3%. Key drivers of historical growth include the increasing incidence of colorectal cancer, rising government awareness campaigns, an aging population, growing adoption of colonoscopy, and improved insurance coverage for screenings.
The colorectal cancer screening market is projected to grow significantly, reaching $21.01 billion by 2029 at a CAGR of 6.1%. Growth drivers include the increasing adoption of non-invasive screening methods, a rise in home-based testing, the growing prevalence of obesity, the shift towards value-based healthcare, and increasing collaborations between public and private sectors. Key trends in this market include the integration of AI in screening and diagnostics, the expansion of screening guidelines to younger populations, broader use of genomic testing for cancer risk assessment, the growth of mobile health (mHealth) platforms, and partnerships between pharmaceutical and diagnostic companies.
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What trends are poised to drive the future success of the colorectal cancer screening market?
In the colorectal cancer screening market, innovative solutions like non-invasive multi-target stool RNA screening tests are being developed to detect colorectal cancer early. For example, in May 2024, Geneoscopy Inc. received FDA approval for ColoSense, a stool-based test that analyzes RNA biomarkers to detect colorectal cancer and precancerous lesions. This test demonstrated high sensitivity, particularly in younger populations, and aims to increase screening participation by offering a less invasive alternative to traditional methods.
Which primary segments of the colorectal cancer screening market are driving growth and industry transformations?
The colorectal cancer screeningmarket covered in this report is segmented -
1) By Type: Stool-Based, Fecal Immunochemical Test (FIT), Fecal Occult Blood Test (FOBT), Stool Deoxyribonucleic Acid (DNA) Test, Colonoscopy, Other Types
2) By Age Group: Below 50 Years, 50-64 Years, Above 65 Years
3) By End User: Hospitals And Clinics, Clinical Laboratories, Diagnostic Imaging Centers, Other End-Users
Subsegments:
1) By Stool-Based Tests: Stool-Based Tests
2) By Fecal Immunochemical Test (FIT): High-Sensitivity FIT, Low-Sensitivity FIT
3) By Fecal Occult Blood Test (FOBT): Guaiac FOBT, Immunochemical FOBT
4) By Stool Deoxyribonucleic Acid (DNA) Test: Multi-Target Stool DNA Test, Single-Target Stool DNA Test
5) By Colonoscopy: Diagnostic Colonoscopy, Therapeutic Colonoscopy
6) By Other Types: Virtual Colonoscopy, Flexible Sigmoidoscopy, Capsule Endoscopy
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Which geographical regions are pioneering growth in the colorectal cancer screening market?
North America was the largest region in the colorectal cancer screening market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the colorectal cancer screening market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the colorectal cancer screening market landscape?
Major companies operating in the colorectal cancer screening market are F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic plc, Siemens Healthineers, FUJIFILM Holdings Corporation, GE HealthCare, Boston Scientific Corporation, Olympus Corporation, Hologic Inc., bioMérieux SA, QuidelOrtho Corporation, Sysmex Corporation, QIAGEN N.V., Exact Sciences Corporation, Guardant Health Inc., Eiken Chemical Co. Ltd., HemoCue AB, Clinical Genomics Inc., Polymedco LLC, Hemosure Inc., Geneoscopy Inc., Novigenix SA
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What Is Covered In The Colorectal Cancer Screening Global Market Report?
•Market Size Forecast: Examine the colorectal cancer screening market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the colorectal cancer screening market for a structured understanding.
•Key Players Overview: Analyze major players in the colorectal cancer screening market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the colorectal cancer screening market.
•Segment Contributions: Evaluate how different segments drive overall growth in the colorectal cancer screening market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the colorectal cancer screening market.
•Industry Challenges: Identify potential risks and obstacles affecting the colorectal cancer screening market.
•Competitive Landscape: Review strategic developments in the colorectal cancer screening market, including expansions, agreements, and new product launches.
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