UK Multi Cancer Early Detection Market Size & Outlook
UK multi cancer early detection market, 2018-2030 (US$M)
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UK multi cancer early detection market highlights
- The UK multi cancer early detection market generated a revenue of USD 40.5 million in 2022 and is expected to reach USD 118.6 million by 2030.
- The UK market is expected to grow at a CAGR of 14.4% from 2023 to 2030.
- In terms of segment, gene panel, ldt & others was the largest revenue generating type in 2022.
- Liquid Biopsy is the most lucrative type segment registering the fastest growth during the forecast period.
Multi cancer early detection market data book summary
| Market revenue in 2022 | USD 40.5 million |
| Market revenue in 2030 | USD 118.6 million |
| Growth rate | 14.4% (CAGR from 2022 to 2030) |
| Largest segment | Gene panel, ldt & others |
| Fastest growing segment | Liquid Biopsy |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid Biopsy, Gene Panel, LDT & Others |
| Key market players worldwide | Illumina Inc, Exact Sciences Corp, Foundation Medicine, Guardant Health Inc, Burning Rock Biotech Ltd ADR, Freenome, AnchorDx, GeneCast, Elypta |
Other key industry trends
- In terms of revenue, UK accounted for 4.7% of the global multi cancer early detection market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany multi cancer early detection market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 101.5 million by 2030.
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Multi Cancer Early Detection Market Scope
Multi Cancer Early Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK multi cancer early detection 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 multi cancer early detection market will help companies and investors design strategic landscapes.
Gene panel, ldt & others was the largest segment with a revenue share of 96.3% in 2022. Horizon Databook has segmented the UK multi cancer early detection market based on liquid biopsy, gene panel, ldt & others covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of sophisticated healthcare infrastructure, collaborations between key market players, and launch of novel products are anticipated to contribute to market growth in the UK. Government support & initiatives are expected to further propel the country’s MCED market over the coming years.
Commercial partnership between the government and key players for routine use of MCED tests in the country is further propelling the market. For instance, in November 2020, GRAIL, Inc. entered into a commercial partnership with the UK government for a multi cancer blood test.
Government bodies, such as the NHS, are undertaking measures to promote wide usage of these tests, make them cost effective & available to everyone, save time, and reduce risk of complications.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK multi cancer early detection market , including forecasts for subscribers. This country databook contains high-level insights into UK multi cancer early detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK multi cancer early detection market size, by type, 2018-2030 (US$M)
UK Multi Cancer Early Detection Market Outlook Share, 2022 & 2030 (US$M)
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