Precision Cancer Diagnostic Tests Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Precision Cancer Diagnostic Tests Market covers analysis By Product Type (Imaging, Molecular, Tumor Marker Immunoassays, POC Colon Cancer Tests); End User (Hospital, Clinic, Other) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00017625
  • Category : Healthcare IT
  • No. of Pages : 150

Precision Cancer Diagnostic Tests Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET OVERVIEW

Precision Cancer Diagnostic Tests involves the imaging, in- vitro diagnostic testing and procedures which confirm and detect cancer progression and malignancies in patient's tissue sample. These precision cancer diagnostic tests also play a key part in cancer staging, making them extremely accurate and reliable. Precision cancer diagnostic tests are also used to track and evaluate a patient's ongoing cancer treatment, including whether or not the disease is responding to treatment. The rising prevalence of cancers, increasing demand for precision diagnostics for early detection of disease are expected to boost market growth during the forecast period.

MARKET SCOPE

The "Global Precision Cancer Diagnostic Tests Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the precision cancer diagnostic tests market with detailed market segmentation by product type and end user. The report provides key statistics on the market status of the leading precision cancer diagnostic tests market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on product type the market is segmented as, imaging, molecular, tumor marker immunoassays and POC colon cancer tests.
  •   Based on end user the market is segmented as, hospital, clinic and others.

MARKET DYNAMICS
Drivers:

  •   Increasing prevalences of cancers and malignancies across the globe.
  •   Rising demand for precision diagnostics for early detection of disease is expected to spur the market growth.
  •   Technological advancements in cancer diagnostics for accurate results is also expected to create significant growth opportunities for the market growth.

Restraints:

  •   Whereas, high cost of diagnostic imaging tests and presence of stringent regulatory framework are expected to restrain market growth during the forecast period.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The precision cancer diagnostic tests market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the precision cancer diagnostic tests market in these regions.

IMPACT OF COVID-19 ON PRECISION CANCER DIAGNOSTIC TESTS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Precision Cancer Diagnostic Tests Market Report Analysis

Precision Cancer Diagnostic Tests Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Abbott
  • Agilent Technologies Inc
  • BD
  • Bio Rad Laboratories Inc
  • Biocartis
  • bioMerieux SA
  • MYRIAD ONCOLOGY
  • Hologic Inc
  • QIAGEN

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Product Type
  • Imaging
  • Molecular
  • Tumor Marker Immunoassays
  • POC Colon Cancer Tests
Market Segment By End User
  • Hospital
  • Clinic
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The report covers key developments in the precision cancer diagnostic tests market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from precision cancer diagnostic tests market are anticipated to lucrative growth opportunities in the future with the rising demand for precision cancer diagnostic tests in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the precision cancer diagnostic tests market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Abbott
  •   Agilent Technologies Inc.
  •   BD
  •   Bio-Rad Laboratories Inc.
  •   Biocartis
  •   bioMerieux SA
  •   MYRIAD ONCOLOGY
  •   Hologic Inc.
  •   QIAGEN
  •   Thermo Fisher Scientific

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Precision Cancer Diagnostic Tests Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product Type
  • Imaging
  • Molecular
  • Tumor Marker Immunoassays
  • POC Colon Cancer Tests
By End User
  • Hospital
  • Clinic
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Abbott
  • Agilent Technologies Inc
  • BD
  • Bio Rad Laboratories Inc
  • Biocartis
  • bioMerieux SA
  • MYRIAD ONCOLOGY
  • Hologic Inc
  • QIAGEN
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

The List of Companies

1. Abbott
2. Agilent Technologies Inc.
3. BD
4. Bio-Rad Laboratories Inc.
5. Biocartis
6. bioMerieux SA
7. MYRIAD ONCOLOGY
8. Hologic Inc.
9. QIAGEN
10. Thermo Fisher Scientific

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