The Global Cancer Diagnostics Market Report by The Business Research Company covers cancer diagnostics markets drivers and restraints, cancer diagnostics market size, major players, and the impact of COVID-19 on the cancer diagnostics market.
The cancer diagnostics market consists of sales of cancer diagnostic devices and equipment. Cancer diagnostic equipment is used to identify biomarkers, proteins and symptoms in order to detect a cancerous tumor in the patient.
A high prevalence rate of various types of cancers is a major driver of the cancer diagnostics market. The global cancer diagnostics market is expected to grow from $156.27 billion in 2020 to $170.21 billion in 2021 at a compound annual growth rate (CAGR) of 8.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cancer diagnostics market is expected to reach $239.23 billion in 2025 at a CAGR of 8.9%.
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Some cancer diagnostics market trends include AI-based cancer detection system. It is an emerging trend in the cancer diagnostics market. AI helps in improving the accuracy of image detection in diagnostic processes such as breast cancer and lung cancer diagnostics, by detecting the cancers in early stages.
Global cancer diagnostics market segments include:
1) By Products: Companion Diagnostics, Molecular Diagnostics.
2) By End-User: Cancer Research Institutes, Diagnostic Laboratories, Hospitals, Others.
3) By Method: Biopsy, Endoscopy, Tumor Biomarker Tests, Imaging.
4) By Application: Cervical Cancer, Breast Cancer, Liver Cancer, Blood Cancer, Kidney Cancer, Colorectal Cancer, Pancreatic Cancer, Ovarian Cancer, Melanoma, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Cancer Diagnostics Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides cancer diagnostics market overviews, analyzes and forecasts market size, share, cancer diagnostics market players, cancer diagnostics market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The cancer diagnostics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Cancer Diagnostics Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Abbott, Becton Dickinson and Company, Hoffmann-La Roche Ltd, GE Healthcare Ltd., Thermo Fisher Scientific, Siemens Healthcare GmbH, Accuray, Illumina, Elekta AB, C.R. BardInc., Biogenex Laboratories, Eckert & Ziegler BEBIG.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Cancer Diagnostics Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Cancer Diagnostics Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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