Below are some of the key findings from this cancer diagnostics market research report

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Global cancer diagnostics industry overview

Our cancer diagnostics market analysis identifies the growing incidences of cancer across the globe as one of the key factors driving cancer diagnostics market growth. Continuous exposure to several chemical mutagens, infectious micro-organisms, ionizing radiation, and environmental contaminants, and alcohol and tobacco consumption is directly contributing to the growing incidence of cancer worldwide. To provide a detailed and accurate diagnosis system, medical facilities across the globe require sensitive and reliable diagnostics for the early detection of cancer, resulting in growing demand for state of the art cancer diagnostics systems.

The emergence of liquid biopsies is one of the most important cancer diagnostics market trends, expected to fuel the market growth throughout the forecast period. Liquid biopsy is non-invasive and is therefore frequently adopted as an alternative to surgical biopsy methods. Advances in genome sequencing have made liquid biopsy possible because scientists can now identify cancer mutations in genetic structure, through blood sample. At present, most of the initial research on liquid biopsy is performed in breast, prostate, and lung cancers. However, the growing scope of technology is expected to have a significant impact on other types of cancers as well.  Our cancer diagnostics market forecast predicts that driven by these factors, the cancer diagnostics market will grow at a CAGR of over 7% during the forecast period.

Top cancer diagnostics companies covered in this market research report

The cancer diagnostics market is currently moderately fragmented. The market is in its growth phase and the level of competition will intensify during the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by companies, this cancer diagnostics industry analysis report will help clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various cancer diagnostics companies including:

• Abbott
• BD
• F. Hoffmann-La Roche
• GENERAL ELECTRIC
• Thermo Fisher Scientific

Cancer diagnostics market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The Americas accounted for the largest cancer diagnostics market share during 2018. When compared to APAC and EMEA, the region will offer maximum growth opportunities to companies and account for the largest share of the cancer diagnostics market throughout the forecast period.

Cancer diagnostics market segmentation based on type

• IVD tests
• Imaging
• Endoscopy
• Biopsy

The imaging segment will account for the highest growth in the market. However, the IVD tests market segment will account for the largest cancer diagnostics market share during the next few years. This report provides an accurate prediction of the contribution of the various diagnostic types to the growth of the cancer diagnostics market size.

Key highlights of the global cancer diagnostics market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the cancer diagnostics market during the next five years
• Precise estimation of the global cancer diagnostics market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the cancer diagnostics industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of cancer diagnostics companies

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