Global Next Generation Cancer Diagnostics Market Size & Outlook

The next generation cancer diagnostics industry worldwide is expected to reach a projected revenue of US$ 29,305.1 million by 2030. A compound annual growth rate of 9.3% is expected of the worldwide next generation cancer diagnostics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$15,729.4
Forecast, 2030 (US$M)
$29,305.1
CAGR, 2024 - 2030
9.3%
Report Coverage
Worldwide

Global next generation cancer diagnostics market highlights

  • The global next generation cancer diagnostics market generated a revenue of USD 15,729.4 million in 2023 and is expected to reach USD 29,305.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.3% by 2030.
  • In terms of segment, next generation sequencing accounted for a revenue of USD 5,806.6 million in 2023.
  • Next Generation Sequencing is the most lucrative technology segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 15,729.4 million
Market revenue in 2030USD 29,305.1 million
Growth rate9.3% (CAGR from 2023 to 2030)
Largest segmentNext generation sequencing
Fastest growing segmentNext Generation Sequencing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNext Generation Sequencing, QPCR & Multiplexing, LOAC & RT-PCR, Protein Microarrays, DNA Microarrays

Other key industry trends

  • In terms of revenue, the North America accounted for 40.4% of the global next generation cancer diagnostics market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 8,207.2 million by 2030.

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Next Generation Cancer Diagnostics Market Companies

Name Profile # Employees HQ Website

Global next generation 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 next generation cancer diagnostics market will help companies and investors design strategic landscapes.


Next generation sequencing was the largest segment with a revenue share of 36.92% in 2023. Horizon Databook has segmented the Global next generation cancer diagnostics market based on next generation sequencing, qpcr & multiplexing, loac & rt-pcr, protein microarrays, dna microarrays covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Next Generation Cancer Diagnostics Technology Outlook (Revenue, USD Million, 2018-2030)
    • Next Generation Sequencing
    • qPCR & Multiplexing
    • LOAC & RT-PCR
    • Protein Microarrays
    • DNA Microarrays
  • Global Next Generation Cancer Diagnostics Application Outlook (Revenue, USD Million, 2018-2030)
    • Biomarker Development
    • CTC Analysis
    • Proteomic Analysis
    • Epigenetic Analysis
    • Genetic Analysis
  • Global Next Generation Cancer Diagnostics Cancer Type Outlook (Revenue, USD Million, 2018-2030)
    • Lung Cancer
    • Breast Cancer
    • Colorectal Cancer
    • Cervical Cancer
    • Others
  • Global Next Generation Cancer Diagnostics Function Outlook (Revenue, USD Million, 2018-2030)
    • Theapeutic Monitoring
    • Companion Diagnostics
    • Prognostics
    • Cancer Screening
    • Risk Analysis

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  • Our clientele includes a mix of next generation cancer diagnostics 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.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global next generation cancer diagnostics market , including forecasts for subscribers. This global databook contains high-level insights into Global next generation cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global next generation cancer diagnostics market size, by region, 2018-2030 (US$M)

Top 10 countries: Next generation cancer diagnostics market size, 2023 (US$M)

Global next generation cancer diagnostics market share, by technology, 2023 & 2030 (%, US$M)

Next generation cancer diagnostics market: Opportunity assessment by country

Global next generation cancer diagnostics market, by region, 2023 (US$M)

Global next generation cancer diagnostics market size, by region, 2018-2030 (US$M)

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