India Hemato Oncology Testing Market Size & Outlook
India hemato oncology testing market, 2018-2028 (US$M)
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India hemato oncology testing market highlights
- The India hemato oncology testing market generated a revenue of USD 66.2 million in 2020 and is expected to reach USD 188.8 million by 2028.
- The India market is expected to grow at a CAGR of 14% 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.
Hemato oncology testing market data book summary
| Market revenue in 2020 | USD 66.2 million |
| Market revenue in 2028 | USD 188.8 million |
| Growth rate | 14% (CAGR from 2020 to 2028) |
| Largest segment | Lymphoma |
| Fastest growing segment | Lymphoma |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leukemia, Lymphoma, MPNs, Other Cancers |
| Key market players worldwide | Roche 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, India accounted for 2.8% of the global hemato oncology testing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan hemato oncology testing market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 188.8 million by 2028.
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Hemato Oncology Testing Market Scope
Hemato Oncology Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 45.77% in 2020. Horizon Databook has segmented the India hemato oncology testing market based on leukemia, lymphoma, mpns, other cancers covering the revenue growth of each sub-segment from 2018 to 2028.
India has the third-highest number of blood cancer patients after the U.S. and China. Blood cancer contributes around 7% of all cancer cases in India. According to Globocan estimates, in 2020 around 48,419 new cases of leukemia and 35,828 new cases of non-Hodgkin lymphoma were diagnosed in India.
High prevalence of blood cancer makes India a high-potential region for hemato oncology testing solutions. However, low awareness regarding blood cancer and its early diagnosis is expected to be a major threat to the market.
According to the Make Blood Cancer Visible survey conducted by Janssen Asia Pacific in 2018, around 80% of cancer in India is detected late and only 20% of cancers are diagnosed at stage 1 or 2. Further, launch of technological advanced products will create lucrative opportunities over the forecast period.
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Target buyers of India hemato oncology testing market databook
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Our clientele includes a mix of hemato oncology testing 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 India hemato oncology testing market , including forecasts for subscribers. This country databook contains high-level insights into India hemato oncology testing market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
India hemato oncology testing market size, by cancer type, 2018-2028 (US$M)
India Hemato Oncology Testing Market Outlook Share, 2020 & 2028 (US$M)
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