China Blood Cancer Diagnostics Market Size & Outlook
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China blood cancer diagnostics market highlights
- The China blood cancer diagnostics market generated a revenue of USD 907.3 million in 2024 and is expected to reach USD 1,612.3 million by 2030.
- The China market is expected to grow at a CAGR of 10.1% from 2025 to 2030.
- In terms of segment, assay kits and reagents was the largest revenue generating product in 2024.
- Assay Kits and Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Blood cancer diagnostics market data book summary
| Market revenue in 2024 | USD 907.3 million |
| Market revenue in 2030 | USD 1,612.3 million |
| Growth rate | 10.1% (CAGR from 2025 to 2030) |
| Largest segment | Assay kits and reagents |
| Fastest growing segment | Assay Kits and Reagents |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Assay Kits and Reagents |
Other key industry trends
- In terms of revenue, China accounted for 8.4% of the global blood cancer diagnostics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China blood cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,612.3 million by 2030.
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Blood Cancer Diagnostics Market Scope
Blood Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SkylineDx | View profile | 11-50 | Rotterdam, Zuid-Holland, The Netherlands, Europe | http://www.skylinedx.com/ |
| Invivoscribe, Inc. | View profile | 251-500 | San Diego, California, United States, North America | https://www.invivoscribe.com |
| Abbott | View profile | - | - | - |
| QIAGEN | View profile | - | - | - |
| Danaher Corporation | View profile | - | - | - |
| Adaptive Biotechnologies | View profile | 501-1000 | Seattle, Washington, United States, North America | http://adaptivebiotech.com |
| Sophia Genetics SA | View profile | 449 | La Pièce 12, Rolle, Switzerland, CH-1180 | https://www.sophiagenetics.com |
| Bio-Techne Corp | View profile | 3050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | https://www.bio-techne.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Quest Diagnostics Inc | View profile | 48000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | https://www.questdiagnostics.com |
China 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.
Assay kits and reagents was the largest segment with a revenue share of 72.57% in 2024. Horizon Databook has segmented the China blood cancer diagnostics market based on instruments, assay kits and reagents covering the revenue growth of each sub-segment from 2018 to 2030.
China blood cancer diagnostics market is driven by significant funding available for R&D and high adoption of advanced technologies. The country has a large patient pool for blood cancers like leukemia and multiple myeloma. In May 2021, Burning Rock Biotech Limited announced its innovative pan-cancer study in China, leveraging a multiomics approach to revolutionize early cancer detection.
The PRESCIENT project, which stands for Pan-cancer Early-Stage detection by liquid Biopsy technique, sought to utilize liquid biopsies to identify cancer at its earliest stages, paving the way for more effective treatments and improved patient outcomes.
Furthermore, the market is driven by significant available funding for R&D projects in China, which is driving innovation and advancements in blood cancer diagnostics. This support enables companies to invest in innovative technologies and expand their product offerings.
Reasons to subscribe to China blood cancer diagnostics market databook:
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Target buyers of China blood cancer diagnostics market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China blood cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into China blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China blood cancer diagnostics market size, by enduse, 2018-2030 (US$M)
China Blood Cancer Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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