UK Blood Cancer Diagnostics Market Size & Outlook
UK blood cancer diagnostics market, 2018-2030 (US$M)
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UK blood cancer diagnostics market highlights
- The UK blood cancer diagnostics market generated a revenue of USD 391.7 million in 2023 and is expected to reach USD 644.8 million by 2030.
- The UK market is expected to grow at a CAGR of 7.4% 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.
Blood cancer diagnostics market data book summary
| Market revenue in 2023 | USD 391.7 million |
| Market revenue in 2030 | USD 644.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Research & Manufacturing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 3.8% of the global blood cancer diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany blood cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 644.8 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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UK 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 65.61% in 2023. Horizon Databook has segmented the UK blood cancer diagnostics market based on hospitals, outpatient facilities, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
The market in the UK is driven by rising prevalence of cancer, including blood cancers, and supportive government initiatives for early cancer diagnosis. Cancer Research UK reports that there are around 40,000 new cases of blood cancer diagnosed annually in the UK, with leukemia accounting for 10,300 cases in the UK every year. Overall, 250,000 people in the UK are currently living with blood cancer.
In addition, ongoing government and corporate partnerships in the country drive market growth. For example, Blood Cancer UK highlighted its charity's partnerships with various corporate entities. These partnerships support the charity's life-saving work; for instance, Blood Cancer UK has raised USD 1 million through a partnership with Omaze, which would fund crucial research.
Furthermore, in April 2024, the University Hospitals of North Midlands (UHNM) launched a new charity partnership with the Blood wise charity to improve the experience of blood cancer patients. The partnership aims to provide emotional support, financial assistance, and practical help for patients undergoing treatment at UHNM.
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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 country-level data and insights on the UK blood cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into UK blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK blood cancer diagnostics market size, by end use, 2018-2030 (US$M)
UK Blood Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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