Asia Pacific Blood Cancer Diagnostics Market Size & Outlook
Asia Pacific blood cancer diagnostics market, 2018-2030 (US$M)
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Asia Pacific blood cancer diagnostics market highlights
- The Asia Pacific blood cancer diagnostics market generated a revenue of USD 2,091.5 million in 2023.
- The market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Research & Manufacturing is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,091.5 million |
| Market revenue in 2030 | USD 3,771.7 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Research & Manufacturing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Research & Manufacturing |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Roche Holding AG, Qiagen NV, Becton Dickinson & Co, Siemens Healthineers AG ADR, Thermo Fisher Scientific Inc, Hologic Inc, Koninklijke Philips NV, Illumina Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.1% of the global blood cancer diagnostics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,771.7 million by 2030.
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Blood Cancer Diagnostics Market Scope
Blood Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific blood cancer diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood cancer diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 68.04% in 2023. Horizon Databook has segmented the Asia Pacific blood cancer diagnostics market based on hospitals, outpatient facilities, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
For instance, Kura Oncology's ongoing clinical trial for tipifarnib, a pipeline candidate being investigated for treating peripheral T-cell lymphoma, demonstrates the company's commitment to advancing innovative therapies for patients. There has been a growing interest and investment in developing liquid biopsy tests for blood cancers in Asia.
Furthermore, players in the region are focusing on advancements in genomic profiling and precision medicine, leading to the development of targeted diagnostic tests that can identify specific genetic mutations or biomarkers associated with blood cancers. This information can guide personalized treatment decisions.
Overall, the Asia Pacific blood cancer diagnostics market is expected to grow significantly due to the increasing prevalence of blood cancers, advancements in diagnostic technologies, and growing healthcare expenditure. Key countries in the region include Japan, China, India, South Korea, Thailand, and Australia.
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Our clientele includes a mix of blood cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific blood cancer diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific blood cancer diagnostics market size, by country, 2018-2030 (US$M)
Asia Pacific Blood Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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