Cancer Diagnostics Market Size, Share, Analysis, Future Trend Technology, Sales, Value, Report, Global Opportunity and Forecast to 2023

“Technological Advancements to Favor the Expansion of Global Cancer Diagnostics Market”
Cancer Diagnostics Market Information: By Type (Biopsy Based, Endoscopy Based, Imaging Procedure), Application (Lung Cancer, Breast Cancer, Colorectal Cancer, Prostate Cancer), End User (Diagnostic Center, Clinic, Hospital) – Global Forecast till 2023

Market Insight

Market Research Future (MRFR) predicts that the global bipolar disorders and treatment market is on its way to achieve a whopping amount of revenue at a healthy CAGR during the forecast period (2016-2022).

 Get FREE Sample Report with Complete TOC @

Market Insights:

The rising burden of cancer globally has necessitated the adoption of developed cancer diagnostic solutions in the healthcare sector. It has a positive impact on the growth and expansion of the cancer diagnostics market.

Early detection of cancer is the key area of focus for the market players. Technological advancements and innovations are being focused on for the development of precise and efficient cancer diagnostics, thus, fueling demand in the market. The growth trajectory of the cancer diagnostic market is guided by the strategies implemented by the key players for accelerated revenue creation such as mergers and acquisitions, collaborations, etc.

The prevalence of different types of cancer is one of the key factors driving the growth of the market. Presently, there are more than 200 types of cancer in the world. However, expensive treatments and poor reimbursement policies in developing nations are some of the factors poised to hold the proliferation of the cancer diagnostics market over the next few years.

Market Segmentation:

By type, the cancer diagnostics market has been segmented into biopsy based, endoscopy based, imaging procedure, tumor cancer diagnostics, and others.

By application, the global cancer diagnostics market is segmented into lung cancer, breast cancer, colorectal cancer, cervical cancer, prostate cancer, skin cancer, blood cancer, kidney cancer, liver cancer, pancreatic cancer, and others.

By end-user, the cancer diagnostics market has been segmented into diagnostic center, clinic, hospital, research institutes, and others.

Regional Analysis:

By region, the global cancer diagnostics market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas currently dominate the global market and is expected to retain a substantial share of the market towards the end of 2023. The factors favoring the growth of the market in the region include increasing patient pool, technological advancements, growing government support and funding in research & development, etc.

Europe is an important growth pocket in the global cancer diagnostic market. The regional market is supposed to exhibit healthy growth due to catalyzed research & development activities supported by the governments. Asia Pacific is projected to be the fastest growing regional market owing to factors such as developing healthcare sector, booming medical tourism, increasing healthcare expenditure, etc. Meanwhile, the Middle East & Africa holds the least share of the market due to poor healthcare infrastructure.

Competitive Dashboard:

Some of the key players profiled in the report are Armune BioScience, Inc. (U.S.), BioMark Diagnostics Inc. (Canada), Biotheranostics, Inc. (U.S.), Cancer Diagnostics, Inc. (U.S.), Arquer Diagnostics Ltd (U.K), Agilent Technologies, Inc. (U.S.), Becton, Dickinson and Company (U.S.), GE Healthcare (U.K), QIAGEN N.V.  (Netherlands), Thermo Fisher Scientific, Inc. (U.S.), Illumina, Inc. (Denmark), Abbott Laboratories, Inc. (U.S.), Siemens Healthcare (Germany), Philips Healthcare (U.K.), Roche Diagnostics (Switzerland), and C.R. Bard, Inc. (U.S.).

Industry News:

In September 2018, Microsoft India has announced a partnership with SRL Diagnostics, a diagnostic company, for expansion of its “AI Network for Healthcare” to detect cancer.

In September 2018, Body Vision, an Israeli medical device company, raised USD 8.5 Mn for marketing its cancer diagnostic system, LungVision, in the U.S. market. 


Demand Your Customized Report with Competitive Analysis of Niche Segments, Top Players, Comprehensive Research and Key Regions @

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India