India Prostate Cancer Diagnostics Market Size & Outlook
India prostate cancer diagnostics market, 2018-2030 (US$M)
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India prostate cancer diagnostics market highlights
- The India prostate cancer diagnostics market generated a revenue of USD 194.0 million in 2023 and is expected to reach USD 376.1 million by 2030.
- The India market is expected to grow at a CAGR of 9.9% 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 194.0 million |
| Market revenue in 2030 | USD 376.1 million |
| Growth rate | 9.9% (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, India accounted for 2.5% 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 |
|---|
India 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 65.72% in 2023. Horizon Databook has segmented the India 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.
According to the Korean Journal of Urological Oncology, in India, PSA testing yields higher positive results and displayed lower negative results in symptomatic patients. The high positive results lead to unnecessary biopsy; nevertheless, PSA has the potential to prevent 1 prostate cancer death per 1,000 cases and can generate 35 over diagnoses cases per 1,000 men.
The study concluded that there is no significant rationale to use PSA as a routine screening test in India. In addition, there is no government policy for screening of prostate cancer in India and, thus, population-based screening is a challenge.
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Target buyers of India prostate cancer diagnostics market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India prostate cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into India prostate cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India prostate cancer diagnostics market size, by end use, 2018-2030 (US$M)
India Prostate Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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