Canada Prostate Cancer Diagnostics Market Size & Outlook
Canada prostate cancer diagnostics market, 2018-2030 (US$M)
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Canada prostate cancer diagnostics market highlights
- The Canada prostate cancer diagnostics market generated a revenue of USD 605.3 million in 2023 and is expected to reach USD 1,123.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.2% 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 605.3 million |
| Market revenue in 2030 | USD 1,123.4 million |
| Growth rate | 9.2% (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, Canada accounted for 7.8% 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 North America, U.S. prostate cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,123.4 million by 2030.
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Prostate Cancer Diagnostics Market Scope
Prostate Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 63.37% in 2023. Horizon Databook has segmented the Canada 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.
Canada Urological Association (CUA) recommends undergoing PSA screening at age 50 or if the probability of prostate cancer is high then at age 45; however, it is not recommended for men with less than 10 years of life expectancy, to continue with PSA screening.
The frequency of screening after the negative result of PSA differs based on the level of PSA reported. A PSA < 1 ng/mL requires retesting every 4 years, PSA 1–3 ng/mL for every 2 years, and PSA > 3 ng/mL more frequent testing.
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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 Canada prostate cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Canada prostate cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada prostate cancer diagnostics market size, by end use, 2018-2030 (US$M)
Canada Prostate Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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