UK Hemato Oncology Testing Market Size & Outlook
UK hemato oncology testing market, 2018-2028 (US$M)
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UK hemato oncology testing market highlights
- The UK hemato oncology testing market generated a revenue of USD 131.3 million in 2020 and is expected to reach USD 382.6 million by 2028.
- The UK market is expected to grow at a CAGR of 14.3% 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 131.3 million |
| Market revenue in 2028 | USD 382.6 million |
| Growth rate | 14.3% (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, UK accounted for 5.6% 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 Europe, Germany hemato oncology testing market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 382.6 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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UK 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 46.15% in 2020. Horizon Databook has segmented the UK hemato oncology testing market based on leukemia, lymphoma, mpns, other cancers covering the revenue growth of each sub-segment from 2018 to 2028.
The UK is expected to account for a significant market share during the forecast period owing to wellestablished healthcare system and an increasing prevalence of blood cancers. According to data published by Cancer Research UK in September 2019, blood cancer was found to be the fifth most common type of cancer and around 40,000 new cases of blood cancer are diagnosed each year in the UK.
Blood cancer affects 1 in every 22 women and 1 in every 16 men, respectively. Since the 1990s, incidence rate of leukemia has increased by almost 16% in the UK. This rate has been anticipated to increase by 5% between 2014 and 2035, to 19 cases per 100,000 people by 2035.
Thus, increasing prevalence of blood cancer in the region is expected to boost the demand for testing solutions, thereby driving the market over the forecast period. In addition, funding for blood cancer research in the country is expected to further offer lucrative opportunities over the forecast period.
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Target buyers of UK 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 UK hemato oncology testing market , including forecasts for subscribers. This country databook contains high-level insights into UK hemato oncology testing market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
UK hemato oncology testing market size, by cancer type, 2018-2028 (US$M)
UK Hemato Oncology Testing Market Outlook Share, 2020 & 2028 (US$M)
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