India Blood Cancer Diagnostics Market Size & Outlook

The blood cancer diagnostics market in India is expected to reach a projected revenue of US$ 925.4 million by 2030. A compound annual growth rate of 8.9% is expected of India blood cancer diagnostics market from 2025 to 2030.
Revenue, 2024 (US$M)
$554.2
Forecast, 2030 (US$M)
$925.4
CAGR, 2025 - 2030
8.9%
Report Coverage
India

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India blood cancer diagnostics market, 2018-2030 (US$M)

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India blood cancer diagnostics market highlights

  • The India blood cancer diagnostics market generated a revenue of USD 554.2 million in 2024 and is expected to reach USD 925.4 million by 2030.
  • The India market is expected to grow at a CAGR of 8.9% 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 2024USD 554.2 million
Market revenue in 2030USD 925.4 million
Growth rate8.9% (CAGR from 2025 to 2030)
Largest segmentAssay kits and reagents
Fastest growing segmentAssay Kits and Reagents
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Assay Kits and Reagents


Other key industry trends

  • In terms of revenue, India accounted for 5.1% 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 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

India 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 72.68% in 2024. Horizon Databook has segmented the India blood cancer diagnostics market based on instruments, assay kits and reagents covering the revenue growth of each sub-segment from 2018 to 2030.


According to various statistics, India stands as the third-highest country globally in terms of reported cases of blood cancer, following the U.S. and China. It is further estimated a person in India is diagnosed with blood cancer every 5 minutes, and an estimated 70,000 lives are lost annually due to this disease.

India’s biotech industry is encouraging further innovation and investment in the sector. As the country continues to work toward achieving self-reliance in healthcare. For instance, in October 2023, India's first CAR-T cell therapy, developed by ImmunoAct, received approval from the Central Drugs Standard Control Organization (CDSCO).

This is a significant milestone in the country's pursuit to develop innovative cancer treatments. CAR-T cell therapy is a type of immunotherapy that uses genetically modified T-cells to target and kill cancer cells. ImmunoAct's therapy is designed to treat B-cell acute lymphoblastic leukemia and non-Hodgkin lymphoma.

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Target buyers of India blood cancer diagnostics market databook

  • Our clientele includes a mix of blood cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 India blood cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into India blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India blood cancer diagnostics market size, by product, 2018-2030 (US$M)

India Blood Cancer Diagnostics Market Outlook Share, 2024 & 2030 (US$M)

India blood cancer diagnostics market size, by product, 2018-2030 (US$M)

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