Australia Prostate Cancer Diagnostics Market Size & Outlook
Australia prostate cancer diagnostics market, 2018-2030 (US$M)
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Australia prostate cancer diagnostics market highlights
- The Australia prostate cancer diagnostics market generated a revenue of USD 129.3 million in 2023 and is expected to reach USD 217.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Home Care is the most lucrative end use segment registering the fastest growth during the forecast period.
Prostate cancer diagnostics market data book summary
| Market revenue in 2023 | USD 129.3 million |
| Market revenue in 2030 | USD 217.8 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Home Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care, Research & Manufacturing |
| Key market players worldwide | MDxHealth SA, Myriad Genetics Inc, Abbott Laboratories, Roche Holding AG, Bayer AG, Siemens Healthineers AG ADR, OPKO Health Inc, Exact Sciences Corp, Pfizer Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global prostate cancer diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China prostate cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 376.1 million by 2030.
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Prostate Cancer Diagnostics Market Scope
Prostate Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia prostate 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 prostate cancer diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 65.89% in 2023. Horizon Databook has segmented the Australia prostate cancer diagnostics market based on hospitals, outpatient facilities, home care, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
Each year, approximately 3,300 Australian men die from prostate cancer and more than 21,000 new cases are reported. As per the Australian Health Ministers’ Advisory Council, population-based screening is the need of the hour as it offers tests for all individuals in the targeted group, often defined by age.
However, in the case of PSA, there is insufficient evidence to support the positive outcome of population-based screening for the same. Hence, the Australian government has not proposed any government-sponsored prostate screening program similar to those for breast and bowel cancers.
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Our clientele includes a mix of prostate cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia prostate cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Australia prostate cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia prostate cancer diagnostics market size, by end use, 2018-2030 (US$M)
Australia Prostate Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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