Global Next Generation Cancer Diagnostics Market Size & Outlook
Global next generation cancer diagnostics market, 2018-2030 (US$M)
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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 2023 | USD 15,729.4 million |
| Market revenue in 2030 | USD 29,305.1 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Next generation sequencing |
| Fastest growing segment | Next Generation Sequencing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Next 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 Scope
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.
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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)
| Technology | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 935.6 | 1,004.4 | 1,036.4 | 1,153.4 | 1,237.1 | 1,316.0 | 1,394.1 | 1,497.1 | 1,634.2 | 1,794.3 | 1,992.8 | 2,215.1 | 2,476.9 | 8.7% |
| Europe | 3,302.1 | 3,524.4 | 3,619.0 | 4,008.0 | 4,283.2 | 4,539.4 | 4,789.8 | 5,120.4 | 5,561.4 | 6,066.2 | 6,683.5 | 7,365.7 | 8,150.6 | 8.0% |
| North America | 4,677.9 | 4,987.9 | 5,111.4 | 5,646.2 | 6,015.2 | 6,349.5 | 6,672.9 | 7,099.9 | 7,668.9 | 8,324.5 | 9,117.2 | 10,000.2 | 10,998.7 | 7.4% |
| MEA | 467.8 | 500.1 | 514.5 | 570.8 | 611.0 | 648.4 | 685.3 | 733.0 | 797.0 | 871.2 | 963.4 | 1,067.2 | 1,187.7 | 8.3% |
| Asia Pacific | 2,110.2 | 2,228.6 | 2,278.7 | 2,519.4 | 2,698.1 | 2,876.1 | 3,069.8 | 3,336.7 | 3,713.8 | 4,181.5 | 4,802.3 | 5,556.9 | 6,491.3 | 11.6% |
| Overall | 11,493.7 | 12,245.4 | 12,560.1 | 13,897.8 | 14,844.7 | 15,729.4 | 16,611.8 | 17,787.1 | 19,375.2 | 21,237.6 | 23,559.3 | 26,205.0 | 29,305.1 | 9.3% |
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