Press release
Prostate Cancer Biomarker Market Poised to Reach US$ 15.68 Billion Expanding at a 13.00% CAGR from 2025 to 2034
The global prostate cancer biomarker market is projected to a compound annual growth rate (CAGR) of 13.00% from 2025 to 2034. The market was valued at USD 4.60 billion in 2024 and is projected to grow to USD 15.58 billion by 2034.Market Introduction:
Biomarkers are substances that can be detected in the body to provide information about a disease. Prostate cancer biomarkers are measurable substances, such as proteins, genes, or other molecules, that can help identify, diagnose, monitor, or predict the progression of prostate cancer. Prostate-specific antigen (PSA), urinary biomarkers, DNA repair genes, and genetic mutations are examples of prostate cancer biomarkers. Biomarker tests can be done using blood, urine, or tissue samples. The use of biomarkers can help improve diagnosis and staging by enabling the identification of prostate cancer early. Some biomarkers can help predict how a patient might respond to specific treatments, allowing for more targeted and effective therapies.
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What's Propelling Market Forward?
Rising Prevalence of Prostate Cancer and Aging Populations:
Age is a primary risk factor for prostate cancer. The rising proportion of elderly population across the globe has led to increased incidence of prostate cancer diagnoses. This demographic shift necessitates enhanced screening, monitoring, and testing approaches for the effective management of the growing burden of patients, thereby fueling prostate cancer biomarker growth.
Advancements in Biomarker Technologies:
Advances in genomics, proteomics, and molecular infectious disease testing have led to the identification and validation of more specific and sensitive biomarkers. These innovations are improving the accuracy of prostate cancer detection, staging, and therapeutic monitoring, leading to better treatment outcomes. In addition, the integration of high-throughput technologies and bioinformatics tools allows for the development of multiplex biomarker panels and companion diagnostics.
Who Are Major Market Players?
The prostate cancer biomarker market is undergoing rapid transformation, with key players leveraging several strategic developments to garner a larger market share.
A few of the major market players are:
• Arquer Diagnostics
• Beckman Coulter, Inc.
• Bio-Techne
• DiaCarta
• Exact Sciences Corporation
• ExoDx
• Genomic Health
• GenPath Oncology
• MDxHealth
• Myriad Genetics, Inc.
• Nucleix
• OPKO Health, Inc.
• Proteomedix
• Veracyte, Inc.
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Prostate Cancer Biomarker Market Report Highlights:
• In terms of type, the protein biomarkers segment accounted for the largest market share in 2024, supported by their extensive clinical applications and well-established validation across multiple disease management phases.
• Based on application, the companion diagnostics segment is anticipated to experience the most rapid expansion, propelled by growing implementation of personalized treatment approaches and precision therapies.
• In 2024, North America maintained the largest revenue share of the prostate cancer biomarker market, owing to its sophisticated healthcare systems, elevated disease awareness, and concentration of diagnostic and biopharmaceutical firms.
• The Asia Pacific market is projected to achieve the fastest market growth during the forecast period, driven by improving healthcare knowledge, developing diagnostic capabilities, and increasing cancer prevalence in emerging nations.
Which Segment Leads Market Demand?
The prostate cancer biomarker market segmentation is primarily based on type, application, end use, and region.
Based on type, the protein biomarkers led the global market in 2024. This is primarily due to the widespread clinical use of protein biomarkers and robust validation across several disease management stages. The accessibility, cost-effectiveness, and ability to provide rapid results of protein biomarkers further contribute to their leading market share.
By application, the companion diagnostics segment is projected to register the fastest growth from 2025 to 2034.
The segment's robust growth is driven by the growing adoption of personalized medicine and targeted therapies. These diagnostics help improve treatment efficacy and minimize adverse effects by identifying patients most likely to benefit from specific therapeutic agents.
By Type Outlook (Revenue, USD Billion, 2020-2034)
• Genetic Biomarkers
• Protein Biomarkers
• Cell-based Biomarkers
• Metabolomic Biomarkers
By Application Outlook (Revenue, USD Billion, 2020-2034)
• Screening and Early Detection
• Diagnosis and Risk Stratification
• Prognosis and Treatment Monitoring
• Companion Diagnostics
By End Use Outlook (Revenue, USD Billion, 2020-2034)
• Hospitals & Diagnostic Laboratories
• Academic & Research Institutes
• Biopharmaceutical Companies
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Which Region Drives Market Growth?
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
o Vietnam
o Australia
o Rest of Asia Pacific
• Latin America
o Argentina
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
o UAE
o Saudi Arabia
o Israel
o South Africa
o Rest of Middle East & Africa
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