Global Cancer Biomarkers
Market Report
2024
Global Cancer Biomarkers market size was USD 13.31 Billion in 2022 and it is forecasted to reach USD 35.38 Billion by 2030. Cancer Biomarkers Industry's Compound Annual Growth Rate will be 13.1% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Cancer Biomarkers market size was USD 13.31 Billion in 2022 and it is forecasted to reach USD 35.38 Billion by 2030. Cancer Biomarkers Industry's Compound Annual Growth Rate will be 13.1% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Cancer Biomarkers Market Sales Revenue 2022 | $ 13.31 Billion |
Global Cancer Biomarkers Market Sales Revenue 2030 | $ 35.38 Billion |
Global Cancer Biomarkers Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.1% |
Market Split by Type |
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Market Split by Application |
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Market Split by Technology |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Cancer Biomarkers Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A biomarker is a “biological molecule found in the blood, other body fluids, or tissues that is a sign of a normal or abnormal process, or of a condition or disease. People who have cancer do biomarker testing. Biomarker testing is also found helpful in studying a new clinical trial or cancer treatment. For diagnosis, epidemiology, and prognosis, glycomic, proteomic, genetic, epigenetic, and imaging, biomarkers can be used. CD19, CD20, CD22, CD25, CD30, CD37, CD56, CD70, CD74 are some of the cancer biomarkers. The cancer biomarkers market has experienced significant growth and is expected to continue expanding in the healthcare industry. Biomarkers play a vital role in the detection of cancer, prognosis, and treatment leading to improved patient outcomes. The cancer biomarkers market is growing as the demand for personalized cancer care continues to rise.
The increasing incidence of cancer is predicted to be the major factor for the growth of cancer biomarkers markets. As biomarkers are useful for early diagnosis and detection of cancer there is scope for the cancer biomarkers. Biomarkers are a good tool for evaluating treatment response and inspecting the progression of disease. As per WHO, most of the deaths are caused in China and developed countries due to cancer. The most detected cancer worldwide is breast cancer by 2020. Both women and men can be diagnosed with breast cancer but it is majorly found in women in comparison to men. By the year 2040, the cases of breast cancer are expected to touch 364000 in the United States. Thus, due to increasing cases of breast cancer, the cancer biomarkers market is booming.
The rise in the fund from the government for research and development is boosting the cancer biomarker market. The government is focusing more on investments in healthcare for the advancement of the cancer biomarkers and partnerships of different public and private sectors are also a reason for the growth of the cancer biomarker market.
In addition, development in technology and the rise in the count of the elder population do become a factor for the development of the cancer biomarkers market as the elder generation are more sensitive to various diseases and disorders.
A major threat to the market of cancer biomarkers is the expensive cost of treatment. The worldwide cancer economic cost is estimated to be USD 25.2 trillion from the year 2020- 2050. Bronchus cancer, lung cancer, tracheal cancer, rectum cancer, and colon cancer are estimated to be cancers with very expensive economic costs. It’s very difficult for common people to afford such highly costly cancer treatment and thus expensive cost of treatment becomes a threat to the market of cancer biomarkers.
The emergence of new technologies helps the cancer biometric industry to improve efficiency and capacity. Technological advancement plays a very important role in this industry to provide safe and early diagnosis. The introduction of AI technology is useful in precision medicine, the diagnosis of cancer, and the development of drugs. Development of CRISPR, a tool through which it is possible to clearly add, edit, and eliminate some bits of Deoxyribose nucleic acid inside cells. Introduction of telehealth for chemotherapy at home, video visits, and health inspection. Cryo-EM, Infinium assay, and robotic surgery are some other technological developments that are expected to boost the market in the upcoming years. Advancement of such technologies is expected to drive the cancer biomarker market.
The outbreak of Covid-19 has witnessed a considerable impact on the Cancer Biomarkers Market growth. Trials of new drugs and cancer were affected during COVID-19 as the ability and willingness of individuals to utilize healthcare services and go through various tests which were necessary to detect and diagnose cancer were affected. Due to safe distancing and to avoid transmission of the novel coronavirus face-to-face monitoring and consultation were reduced and there was a fast increase in telemedicine. To deal with the covid19 pandemic there was a rearrangement of healthcare workers which affected cancer pathways. As per reports, it was precise that people with cancer and other diseases were very prone to the covid 19 and therefore routine screenings were stopped due to which there was a decline in the cancer biomarkers market.
Post-pandemic all the activities relating to face-to-face monitoring and consultation, and diagnosis have resumed to the level of a pre-pandemic period which is positively impacting the cancer biomarkers market. Nonetheless, post-pandemic, increasing funding from the government has created an immense opportunity to market players for developing new technologies like telehealth, cryo-EM, and robotic surgery, etc., to boost the cancer biomarkers market.
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Nanogen Bioscience and Diacarta Ltd. announced the fruitful completion of the study of validation of Oncuria multiplex bladder cancer immunoassay as a laboratory-developed test (LDT). Oncuria is a urine test that is protein-based and is used for accurate and early detection, disease monitoring, and choice of therapy for bladder cancer. In urine samples, ten protein concentrations related to bladder cancer are detected by Oncuria. Detecting low-grade tumors shows the accuracy and precision of Oncuria.
Top Companies Market Share in Cancer Biomarkers Industry: (In no particular order of Rank)
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By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. During the forecast period, North America dominated the global cancer biomarkers market with 31.25% share in 2022. The rise in research and development in cancer biomarkers and a high number of cancer-attacked patients in Canada and the U.S. is expected to expand the cancer biomarkers market in the region.
A very attractive region of global cancer biomarkers is expected to be Europe. The increase in the occurrence of cancer in this region is forecasted to rise the market. The Asia-Pacific region is also anticipated to rise significantly during the forecast period. An increase in quick urbanization, disposable income, and the infrastructure of healthcare is predicted to drive the market.
The current report Scope analyzes Cancer Biomarkers Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Cancer Biomarkers Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cancer Biomarkers Industry growth. Cancer Biomarkers market has been segmented with the help of its Type, Application Technology, and others. Cancer Biomarkers market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
On the basis of type, the cancer biomarkers market is segmented into Prostate cancer, cervical cancer, lung cancer, breast cancer, colorectal cancer, cardiovascular disorders, and immune disorders. The breast cancer segment from all other types of cancer is predicted to dominate the worldwide market during the forecast period. Breast cancer is anticipated to be a very common cancer in women especially. Due to the rise in cases of breast cancer, this segment is expected to boost the cancer biomarkers market.
In 2021 the lung cancer segment is the fastest-growing segment of the cancer biomarkers market. Elderly people are more affected by lung cancer and hence rise in the elderly population gives rise to the cancer biomarker market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cancer Biomarkers Industry. Request a Free Sample PDF!
The market is bifurcated based on applications in Personalized Medicine, Diagnostics, Disease Risk Assessment, and Drug Discovery and Development. The diagnostic segment headed the cancer biomarkers market in 2021. Increasing government funding and initiatives and rising advancement in oncology-based cancer biomarkers are the factors driving the expansion of the segment during the predicted period.
During the forecast period, the fastest-growing segment is the personalized medicine segment. Acceptance of diagnostic tests is easy, a growth factor for the cancer biomarkers market. In addition, surging awareness among practitioners of healthcare about cancer biomarkers and personalized medicines demand is growing this segment.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Cancer Biomarkers market report 2024 Edition by contacting our team.
The market is segmented into bioinformatics, immunoassays, omics, cytogenetics, and imaging technology according to technology. In 2022, the omics segment dominated the cancer biomarkers market. For early diagnosis of cancer, omics technology is used. The Omics segment is growing at a faster rate. In profiling technologies, novel development for cancer biomarkers is predicted to boost the market in the forecast period.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Cancer Biomarkers Market is witnessing significant growth in the near future.
In 2023, the Prostate Cancer segment accounted for noticeable share of global Cancer Biomarkers Market and is projected to experience significant growth in the near future.
The Personalized Medicine segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies F. Hoffmann-La Roche Ltd. , Illumina Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Prostate Cancer, Cervical Cancer, Lung Cancer, Breast Cancer, Colorectal Cancer, Cardiovascular disorders, Immune disorders |
Application | Personalized Medicine, Diagnostics, Disease Risk Assessment, Drug Discovery and Development |
Technology | Bioinformatics, Immunoassays, Omics, Cytogenetics, Imaging Technology |
List of Competitors | F. Hoffmann-La Roche Ltd., Exact Sciences, Illumina Inc., Abbott Laboratories, Siemens Healthineers, QIAGEN N.V, Bio-Rad Laboratories Inc., Meso Scale Diagnostics LLC, Thermo Fisher Scientific Inc, Seegene Technologies Inc |
This chapter will help you gain GLOBAL Market Analysis of Cancer Biomarkers. Further deep in this chapter, you will be able to review Global Cancer Biomarkers Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Cancer Biomarkers Market Trends North America Cancer Biomarkers Technological Road Map North America Cancer Biomarkers Market Drivers North America Cancer Biomarkers Market Restraints North America Cancer Biomarkers Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Technology Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cancer Biomarkers market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Prostate Cancer have a significant impact on Cancer Biomarkers market? |
What are the key factors affecting the Prostate Cancer and Cervical Cancer of Cancer Biomarkers Market? |
What is the CAGR/Growth Rate of Personalized Medicine during the forecast period? |
By type, which segment accounted for largest share of the global Cancer Biomarkers Market? |
Which region is expected to dominate the global Cancer Biomarkers Market within the forecast period? |
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