Asia Pacific Hemato Oncology Testing Market Size & Outlook

The hemato oncology testing market in Asia Pacific is expected to reach a projected revenue of US$ 1,136.2 million by 2028. A compound annual growth rate of 13% is expected of Asia Pacific hemato oncology testing market from 2021 to 2028.
Revenue, 2020 (US$M)
$426.8
Forecast, 2028 (US$M)
$1,136.2
CAGR, 2021 - 2028
13%
Report Coverage
Asia Pacific

Asia Pacific hemato oncology testing market highlights

  • The Asia Pacific hemato oncology testing market generated a revenue of USD 426.8 million in 2020.
  • The market is expected to grow at a CAGR of 13% from 2021 to 2028.
  • In terms of segment, lymphoma was the largest revenue generating cancer type in 2020.
  • Lymphoma is the most lucrative cancer type segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2021 to 2028.


Asia Pacific data book summary

Market revenue in 2020USD 426.8 million
Market revenue in 2028USD 1,136.2 million
Growth rate13% (CAGR from 2020 to 2028)
Largest segmentLymphoma
Fastest growing segmentLymphoma
Historical data covered2018 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationLeukemia, Lymphoma, MPNs, Other Cancers
Key market players worldwideRoche Holding AG, Abbott Laboratories, Qiagen NV, Danaher Corp, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, Illumina Inc, Bio-Techne Corp


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 18.3% of the global hemato oncology testing market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • North America is the fastest growing regional market and is projected to reach USD 2,516.4 million by 2028.

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Hemato Oncology Testing Market Scope

Hemato oncology testing market segmentation & scope
AML
ALL
CLL
CML
NHL
HL
PV
ET
MF
Other Cancers
Assay Kits and Reagents
Services
PCR
Real-time qPCR
Digital PCR
IHC
NGS
Cytogenetics
Others
Hospitals
Academic & Research Institutes
Others

Hemato Oncology Testing Market Companies

Name Profile # Employees HQ Website

Asia Pacific hemato oncology testing 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 hemato oncology testing market will help companies and investors design strategic landscapes.


Lymphoma was the largest segment with a revenue share of 46.04% in 2020. Horizon Databook has segmented the Asia Pacific hemato oncology testing market based on leukemia, lymphoma, mpns, other cancers covering the revenue growth of each sub-segment from 2018 to 2028.


Asia Pacific hemato-oncology market is expected to grow at the fastest rate during the forecast period. It is primarily driven by China, Japan, India, and Australia. Japan and China are expected to witness strong growth during the forecast period.

Recent approval & commercialization of novel tests in the countries, growing awareness & adoption of testing, supportive government regulations, and high prevalence of blood cancers are likely to drive the market over the coming years.

Furthermore, increase in investments, development of novel tests, and entry of major market players in Asia Pacific are expected to boost market growth during the forecast period.

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Target buyers of Asia Pacific hemato oncology testing market databook

  • Our clientele includes a mix of hemato oncology testing 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 continent-level data and insights on the Asia Pacific hemato oncology testing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hemato oncology testing market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Asia Pacific hemato oncology testing market size, by country, 2018-2028 (US$M)

Asia Pacific Hemato Oncology Testing Market Outlook Share, 2020 & 2028 (US$M)

Asia Pacific hemato oncology testing market size, by country, 2018-2028 (US$M)

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