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2025-2034 Gastric Cancer Diagnostic Procedure Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Gastric Cancer Diagnostic Procedure
What Is the Expected CAGR for the Gastric Cancer Diagnostic Procedure Market Through 2025?
The market size for the diagnosis of gastric cancer has seen significant growth lately. Steadily increasing from $1.44 billion in 2024 to $1.54 billion in 2025, it displays a compound annual growth rate (CAGR) of 7.3%. Factors contributing to the historic growth include advancements in biopsy procedures, more investment in research, development of biomarker discovery, enhanced pathological assessment, and changes in screening guidelines.
What's the Projected Size of the Global Gastric Cancer Diagnostic Procedure Market by 2029?
Expectations are high for substantial growth in the gastric cancer diagnostic procedure market over the next few years, with projections suggesting it will expand to a value of $2.07 billion by 2029, equivalent to an annual compound growth rate of 7.6%. Factors contributing to this anticipated growth within the forecast period include increased point-of-care testing, the emergence of innovative biomarkers, a shifting focus towards personalized healthcare, the embracement of next-generation sequencing, and developments in endoscopic imaging techniques. Also, forecasts see the integration of nanotechnology, utilization of big data analytics, the application of microbiota analysis, greater emphasis on patient-centered care, and the influence of telehealth in diagnostics as major industry trends.
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Top Growth Drivers in the Gastric Cancer Diagnostic Procedure Industry: What's Accelerating the Market?
The rise in gastrointestinal diseases is propelling the growth of the gastric cancer diagnostic procedure market. These disorders relate to diseases impacting various parts of the digestive system and its crucial organs, such as the liver and pancreas. To treat stomach cancer, a gastric cancer diagnostic procedure is employed, including procedures like endoscopic and biopsy. Thus, the surge in gastrointestinal diseases is sparking the growth of the gastric cancer diagnostic procedure market. For instance, a study published by GI Associates & Endoscopy Center, a US-based medical center specializing in gastroenterology services, in August 2022 revealed that out of 73,076 individuals from 33 countries, 40% suffered from a functional gastrointestinal disease. As a result, the escalating prevalence of gastrointestinal diseases is augmenting the growth of the gastric cancer diagnostic procedure market.
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What Trends Will Shape the Gastric Cancer Diagnostic Procedure Market Through 2029 and Beyond?
The trend of breakthroughs in technology is increasingly becoming significant in the gastric cancer diagnostic market. To maintain their market standing, major firms in this sector are embracing novel technologies. For example, in June 2022, Ibex Medical Analytics, an Israeli company specializing in AI-powered diagnostics for health facilities, introduced Galen Gastric - the planet's initial AI-augmented solution for detecting gastric cancer. Galen Gastric assists pathologists in recognizing stomach cancer, H. pylori, along with other crucial clinical results. It also promotes faster response times and upgrades diagnostic processes.
What Are the Main Segments in the Gastric Cancer Diagnostic Procedure Market?
The gastric cancer diagnostic procedure market covered in this report is segmented -
1) By Procedure Type: Endoscopic Procedure, Biopsy, Tissue Tests, Lab Tests, In-Vitro Diagnostic Tests, Imaging Tests, Molecular Diagnostics, Multiplexing Molecular Diagnostics, Immunoassays, Other Procedure Types
2) By Symptom Type: Symptomatic, Asymptomatic
3) By Offering Type: Instruments, Reagents And Consumables, Services
4) By Body Fluid Type: Blood, Urine, Saliva, Stomach Juice, Tissue, Other Body Fluid
5) By Disease Indication: Early Gastric Cancer, Advanced Gastric Cancer
Subsegments:
1) By Endoscopic Procedure: Upper Endoscopy (EGD), Endoscopic Ultrasound (EUS)
2) By Biopsy: Endoscopic Biopsy, Fine Needle Aspiration (FNA) Biopsy
3) By Tissue Tests: Histopathology, Immunohistochemistry
4) By Lab Tests: Blood Tests, Tumor Markers
5) By In-Vitro Diagnostic Tests: Genetic Testing, Molecular Profiling
6) By Imaging Tests: Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET) Scan
7) By Molecular Diagnostics: PCR Testing, Next-Generation Sequencing (NGS)
8) By Multiplexing Molecular Diagnostics: Multiplex PCR, Microarray Analysis
9) By Immunoassays: Enzyme-Linked Immunosorbent Assay (ELISA), Radioimmunoassay (RIA)
10) By Other Procedure Types: Breath Tests, Liquid Biopsies
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Which Top Companies are Driving Growth in the Gastric Cancer Diagnostic Procedure Market?
Major companies operating in the gastric cancer diagnostic procedure market include Pfizer Inc., Johnson & Johnson Co, F. Hoffmann La Roche Ltd., Merck & Co. Inc., Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Thermo Fisher Scientific Inc., AstraZeneca plc, Abbott Laboratories Inc., Sanofi SA, Eli Lilly and Company, Otsuka Pharmaceutical Co Ltd., AdventHealth, Atrium Health, Astellas Pharma Inc, Bausch Health Companies Inc., Agilent Technologies Inc., Ipsen Pharma, Hartford HealthCare, Myriad Genetics Inc., NovoCure Limited, Foundation Medicine Inc., Biocept Inc.
Which Regions Will Dominate the Gastric Cancer Diagnostic Procedure Market Through 2029?
North America was the largest region in the gastric cancer diagnostics procedure market in 2024. The regions covered in the gastric cancer diagnostic procedure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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