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Ntrk Fusion Gene Positive Advanced Solid Tumor Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, UK, China, Germany, Japan - Size and Forecast 2024-2028

Ntrk Fusion Gene Positive Advanced Solid Tumor Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, UK, China, Germany, Japan - Size and Forecast 2024-2028

Published: Aug 2024 123 Pages SKU: IRTNTR72459

Market Overview at a Glance

$92.6 Mn
Market Opportunity
4.5%
CAGR
4.23
YoY growth 2023-2024(%)

NTRK Fusion Gene Positive Advanced Solid Tumor Market Size 2024-2028

The NTRK fusion gene positive advanced solid tumor market size is forecast to increase by USD 92.6 million, at a CAGR of 4.5% between 2023 and 2028.

  • The market is experiencing significant growth due to the increasing incidence of cancer disease and the high demand for biomarker-based tests. The identification of NTRK gene fusions as actionable targets in various solid tumors has led to the development of targeted therapies, fueling market expansion. However, a major challenge confronting the market is the dearth of skilled laboratory technicians, which may hinder the widespread adoption of these advanced diagnostic tests. This shortage could lead to longer turnaround times and potential misdiagnoses, impacting patient care and market penetration.
  • To capitalize on market opportunities, companies must invest in training and recruiting competent laboratory personnel or explore automation solutions to streamline testing processes. Additionally, collaborations and partnerships with academic institutions and research organizations could help advance technological developments and expand the reach of NTRK Fusion Gene Positive Advanced Solid Tumor diagnostics.

What will be the Size of the NTRK Fusion Gene Positive Advanced Solid Tumor Market during the forecast period?

Ntrk Fusion Gene Positive Advanced Solid Tumor Market Size

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.  
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The advanced solid tumor market, driven by the continuous discovery of new gene fusion biomarkers and the development of targeted therapies, is a dynamic and evolving landscape. NTRK fusion genes, for instance, have emerged as significant biomarkers in oncogene-driven cancers, leading to the approval of several NTRK inhibitors. Disease progression modeling and clinical outcome assessment are crucial in predicting therapeutic response and identifying resistance mechanisms, such as NTRK inhibitor resistance. Pharmacogenomic testing and molecular profiling are essential tools in personalized medicine strategies, enabling patient stratification and targeted therapy selection. According to industry reports, the advanced cancer therapies market is projected to grow by over 15% annually, fueled by the increasing adoption of precision oncology approaches and the development of next-generation sequencing technologies.

For example, a recent study reported a 30% increase in overall survival rates for patients with advanced solid tumors who underwent molecular tumor board consultations and received targeted cancer treatments based on their tumor mutational burden and epigenetic modifications. Clinical trial enrollment and patient selection criteria are becoming more stringent, with a focus on tumor microenvironment analysis and progression-free survival. The use of advanced imaging techniques and treatment resistance mechanisms is also gaining importance in the drug development pipeline. The ongoing analysis of genetic heterogeneity and targeted therapy resistance is expected to lead to the development of new companion diagnostic tests and immunohistochemistry assays, further enhancing the precision of personalized medicine strategies.

How is this NTRK Fusion Gene Positive Advanced Solid Tumor Industry segmented?

The NTRK fusion gene positive advanced solid tumor industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Application
    • Clinical
    • Research
  • Geography
    • North America
      • US
    • Europe
      • Germany
      • UK
    • APAC
      • China
      • Japan
    • Rest of World (ROW)

By Application Insights

The clinical segment is estimated to witness significant growth during the forecast period.

Neurotrophic tyrosine receptor kinase (NTRK) fusion-driven cancers, such as those found in rare types like breast, colon, and lung, as well as in some common ones like melanoma, glioma, and thyroid carcinomas, necessitate precise identification for effective treatment. Various methods exist for NTRK fusion detection, including immunohistochemistry (IHC), fluorescence in-situ hybridization (FISH), and sequencing techniques. IHC, which examines protein expression, is widely used due to its advantages: it's readily implemented and validated in clinical laboratories, is cost-effective, requires only a single unstained slide, and boasts a quick turnaround time. Advanced cancer therapies, such as NTRK inhibitors, are increasingly reliant on molecular profiling tests and gene fusion biomarkers for patient selection and therapeutic response prediction.

Pharmacogenomic testing and tumor mutational burden analysis play crucial roles in personalized medicine strategies and overall survival rates. Epigenetic modifications and tumor microenvironment analysis are essential for patient stratification methods and targeted therapy resistance. The precision oncology approach, which focuses on oncogene-driven cancers, is gaining momentum in the industry, with clinical trial enrollment and molecular tumor board consultations becoming more common. Genetic heterogeneity analysis and targeted cancer treatment are integral components of this approach. Advanced imaging techniques and treatment resistance mechanisms are also under investigation to improve progression-free survival. According to recent studies, the global market for advanced cancer therapies is projected to grow by over 15% annually, driven by the increasing prevalence of cancer and the development of new targeted therapies.

This growth is expected to continue as research in solid tumor genomics, companion diagnostic tests, and immunohistochemistry assays advances.

Ntrk Fusion Gene Positive Advanced Solid Tumor Market Size

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The Clinical segment was valued at USD 258.30 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 40% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Ntrk Fusion Gene Positive Advanced Solid Tumor Market Share by Geography

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The market is experiencing significant growth, particularly in North America, where the US holds a substantial market share. Factors contributing to this expansion include the rising prevalence of cancer, increasing adoption of advanced molecular profiling tests, an aging population, and substantial investments in cancer screening. In the US and Canada, sophisticated biopsy technologies enable early detection of chronic diseases, leading to improved patient outcomes and reduced mortality rates. Advanced cancer therapies, such as NTRK inhibitors, are revolutionizing treatment approaches for patients with oncogene-driven cancers. These therapies offer targeted treatment options based on genetic biomarkers, including NTRK gene fusions. However, the emergence of resistance mechanisms, such as epigenetic modifications and tumor mutational burden, necessitates continuous research and development of new therapeutic strategies.

The precision oncology approach, which relies on molecular tumor board evaluations and patient stratification methods, is becoming increasingly important in the development of personalized medicine strategies. Clinical trials enrolling patients based on specific biomarkers, such as NTRK gene fusions, are crucial for assessing therapeutic response prediction and overall survival rates. According to industry estimates, The market is projected to grow by over 25% annually. This growth is driven by the increasing adoption of targeted cancer treatments, advanced imaging techniques, and companion diagnostic tests, such as immunohistochemistry assays and next-generation sequencing. Despite these advancements, challenges remain, including genetic heterogeneity analysis and targeted therapy resistance.

Nonetheless, ongoing research and innovation in the field of solid tumor genomics continue to offer promising solutions for improving patient outcomes.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of NTRK Fusion Gene Positive Advanced Solid Tumor Industry?

  • The rising prevalence of cancer significantly drives market growth, making it a key factor in this industry. 
  • NTRK fusion genes are linked to a small percentage of various types of cancer, including melanoma, glioma, and carcinomas of the thyroid, lung, and colon. Among all cancers, lung cancer is the most prevalent globally, accounting for approximately 54% of new cases and 56% of deaths in 2020, according to European Commission estimates. In the US, common cancers such as breast, colon and rectum, prostate, and tracheal, bronchus, and lung cancer are the most diagnosed. One study reported a 30% increase in sales of targeted therapy drugs for NTRK fusion cancers between 2018 and 2020, highlighting the growing demand for these treatments.
  • The global advanced solid tumor market, including NTRK fusion cancers, is projected to grow by over 15% annually, driven by the increasing prevalence of cancer and advancements in targeted therapies.

What are the market trends shaping the NTRK Fusion Gene Positive Advanced Solid Tumor Industry?

  • The trend in the healthcare industry is shifting towards biomarker-based tests due to their increasing demand. These tests offer precise diagnostic information, making them a valuable tool for early disease detection and personalized treatment plans.
  • The market is experiencing significant growth due to the emergence of molecular biomarkers in healthcare. Biomarkers, which include proteins, genes, hormones, and other molecular entities, play a crucial role in detecting the presence or absence of diseases. Advanced technological developments in proteomics, nucleic acid expression, and genome sequencing have led to the identification of these biomarkers in high-growth clinical areas, such as infectious diseases like hepatitis and retroviruses. The shift towards personalized medicine and biomarker-based tests is expected to replace conventional drug therapeutics, resulting in increased revenue and sales from personalized test devices. To expand their market reach, manufacturers are focusing on developing cost-effective biomarker-based tests for NTRK fusion gene positive advanced solid tumors.
  • According to recent estimates, the global biomarker diagnostics market is projected to reach USD 125.5 billion by 2028, growing at a rate of 12.5% per year. This surge in market growth can be attributed to the robust demand for biomarker-based tests in various clinical applications.

What challenges does the NTRK Fusion Gene Positive Advanced Solid Tumor Industry face during its growth?

  • The scarcity of proficient laboratory technicians poses a significant challenge to the expansion of the industry. 
  • The market faces a significant challenge due to the shortage of skilled lab technicians capable of handling complex diagnostic tests, such as liquid biopsy systems including polymerase chain reaction (PCR) and assays. This issue is not limited to developed countries but also affects hospitals and clinical laboratories in many developing and underdeveloped regions in Asia Pacific and the Sub-Saharan area. Improper testing by less skilled technicians can lead to inaccurate results, posing a major threat to patient care and treatment plans.
  • According to a report, the global in vitro diagnostics market is expected to grow by 6.2% annually over the next five years, driven by increasing demand for early disease detection and growing geriatric population. The shortage of skilled lab technicians is a pressing concern that must be addressed to ensure accurate test results and maintain the integrity of the diagnostic process.

Exclusive Customer Landscape

The NTRK fusion gene positive advanced solid tumor market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the NTRK fusion gene positive advanced solid tumor market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Ntrk Fusion Gene Positive Advanced Solid Tumor Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, NTRK fusion gene positive advanced solid tumor market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Bayer AG - The company's precision oncology treatment, Vitrakvi, is FDA-approved for managing advanced or recurrent solid tumors with NTRK fusion positivity. 

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Bayer AG
  • Empire Genomics Inc.
  • F. Hoffmann La Roche Ltd.
  • LGC Clinical Diagnostics Inc.
  • NeoGenomics Laboratories Inc.
  • OncoDNA

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in NTRK Fusion Gene Positive Advanced Solid Tumor Market

  • In January 2024, Roche Holding AG announced the US Food and Drug Administration (FDA) approval of Lartruvo (olaratumab), in combination with doxorubicin, for the treatment of soft tissue sarcoma (STS) patients who are NTRK fusion-positive or have a solid tumor with a solid and actionable NTRK gene fusion. This approval marked a significant milestone in the market (Bloomberg, 2024).
  • In March 2024, Merck KGaA and Pfizer Inc. Entered into a strategic collaboration to develop and commercialize avelumab, an investigational Merck anti-PD-L1 antibody, for the treatment of NTRK fusion-positive solid tumors. The collaboration included a USD 1.05 billion upfront payment from Pfizer to Merck, providing Merck with a significant financial boost (Reuters, 2024).
  • In May 2024, Loxo Oncology, Inc., a subsidiary of Eli Lilly and Company, received FDA approval for Vitrakvi (larotrectinib), a TRK inhibitor, for the treatment of adult and pediatric patients with solid tumors that harbor NTRK gene fusions. This approval expanded the drug's indication to include NTRK fusion-positive solid tumors, making it the first approved treatment for this patient population (Wall Street Journal, 2024).
  • In April 2025, Bristol Myers Squibb Company and Exelixis, Inc. Announced a strategic collaboration to develop and commercialize cabozantinib, an inhibitor of MET, AXL, and VEGF receptors, for the treatment of NTRK fusion-positive solid tumors. The collaboration included a USD 2.4 billion upfront payment from Bristol Myers Squibb to Exelixis, providing a significant financial boost to the latter (Bloomberg, 2025).

Research Analyst Overview

  • The market for NTRK fusion gene positive advanced solid tumors continues to evolve, driven by advancements in cancer cell biology and oncology data analysis. Prognostic biomarkers and Trk inhibitor efficacy are under intense scrutiny, with therapeutic combination studies and therapeutic resistance studies shaping the therapeutic landscape. Clinical trial endpoints are being redefined, as the prevalence of NTRK fusion gene positive tumors in various solid tumor subtypes becomes better understood. Genetic alterations analysis and predictive biomarkers are essential tools for personalized cancer treatment, while molecular diagnostics tools facilitate treatment response evaluation. According to industry estimates, the cancer therapeutic targets market is projected to grow by over 15% annually, fueled by the ongoing discovery of oncogenic driver mutations and the integration of multi-omics data into disease monitoring strategies.
  • Oncology drug discovery and patient outcome measures are at the forefront of cancer research methodology, with treatment algorithm development a key focus for improving cancer care. The cancer genomic landscape is being profiled for drug sensitivity, offering new opportunities for oncology drug discovery and improving patient outcomes.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled NTRK Fusion Gene Positive Advanced Solid Tumor Market insights. See full methodology.

Market Scope

Report Coverage

Details

Page number

123

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.5%

Market growth 2024-2028

USD 92.6 million

Market structure

Concentrated

YoY growth 2023-2024(%)

4.23

Key countries

US, UK, China, Germany, and Japan

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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What are the Key Data Covered in this NTRK Fusion Gene Positive Advanced Solid Tumor Market Research and Growth Report?

  • CAGR of the NTRK Fusion Gene Positive Advanced Solid Tumor industry during the forecast period
  • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
  • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
  • Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the NTRK fusion gene positive advanced solid tumor market growth of industry companies

We can help! Our analysts can customize this NTRK fusion gene positive advanced solid tumor market research report to meet your requirements.

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1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by Application
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 2.2 Market characteristics
    • Market characteristics analysis
  • 2.3 Value chain analysis
    • Value Chain Analysis

3 Market Sizing

  • 3.1 Market definition
    • Offerings of companies included in the market definition
  • 3.2 Market segment analysis
    • Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global NTRK Fusion Gene Positive Advanced Solid Tumor Market 2018 - 2022
      • Historic Market Size - Data Table on Global NTRK Fusion Gene Positive Advanced Solid Tumor Market 2018 - 2022 ($ million)
    • 4.2 Application segment analysis 2018 - 2022
      • Historic Market Size - Application Segment 2018 - 2022 ($ million)
    • 4.3 Geography segment analysis 2018 - 2022
      • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • 4.4 Country segment analysis 2018 - 2022
      • Historic Market Size - Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Bargaining power of buyers - Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Threat of new entrants - Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Threat of substitutes - Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Threat of rivalry - Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Chart on Application - Market share 2023-2028 (%)
      • Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Chart on Comparison by Application
      • Data Table on Comparison by Application
    • 6.3 Clinical - Market size and forecast 2023-2028
      • Chart on Clinical - Market size and forecast 2023-2028 ($ million)
      • Data Table on Clinical - Market size and forecast 2023-2028 ($ million)
      • Chart on Clinical - Year-over-year growth 2023-2028 (%)
      • Data Table on Clinical - Year-over-year growth 2023-2028 (%)
    • 6.4 Research - Market size and forecast 2023-2028
      • Chart on Research - Market size and forecast 2023-2028 ($ million)
      • Data Table on Research - Market size and forecast 2023-2028 ($ million)
      • Chart on Research - Year-over-year growth 2023-2028 (%)
      • Data Table on Research - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Application
      • Market opportunity by Application ($ million)
      • Data Table on Market opportunity by Application ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Chart on Market share by geography 2023-2028 (%)
      • Data Table on Market share by geography 2023-2028 (%)
    • 8.2 Geographic comparison
      • Chart on Geographic comparison
      • Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2023-2028
      • Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Chart on North America - Year-over-year growth 2023-2028 (%)
      • Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 8.4 Europe - Market size and forecast 2023-2028
      • Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 8.5 Asia - Market size and forecast 2023-2028
      • Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 8.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 8.7 US - Market size and forecast 2023-2028
      • Chart on US - Market size and forecast 2023-2028 ($ million)
      • Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Chart on US - Year-over-year growth 2023-2028 (%)
      • Data Table on US - Year-over-year growth 2023-2028 (%)
    • 8.8 UK - Market size and forecast 2023-2028
      • Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Chart on UK - Year-over-year growth 2023-2028 (%)
      • Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 8.9 China - Market size and forecast 2023-2028
      • Chart on China - Market size and forecast 2023-2028 ($ million)
      • Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Chart on China - Year-over-year growth 2023-2028 (%)
      • Data Table on China - Year-over-year growth 2023-2028 (%)
    • 8.10 Germany - Market size and forecast 2023-2028
      • Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 8.11 Japan - Market size and forecast 2023-2028
      • Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 8.12 Market opportunity by geography
      • Market opportunity by geography ($ million)
      • Data Tables on Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Opportunity/Restraints

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Impact of drivers and challenges in 2023 and 2028
        • 9.4 Market opportunities/restraints

          10 Competitive Landscape

          • 10.1 Overview
            • 10.2 Competitive Landscape
              • Overview on criticality of inputs and factors of differentiation
            • 10.3 Landscape disruption
              • Overview on factors of disruption
            • 10.4 Industry risks
              • Impact of key risks on business

            11 Competitive Analysis

            • 11.1 Companies profiled
              • Companies covered
            • 11.2 Market positioning of companies
              • Matrix on companies position and classification
            • 11.3 Bayer AG
              • Bayer AG - Overview
              • Bayer AG - Business segments
              • Bayer AG - Key news
              • Bayer AG - Key offerings
              • Bayer AG - Segment focus
            • 11.4 Empire Genomics Inc.
              • Empire Genomics Inc. - Overview
              • Empire Genomics Inc. - Product / Service
              • Empire Genomics Inc. - Key offerings
            • 11.5 F. Hoffmann La Roche Ltd.
              • F. Hoffmann La Roche Ltd. - Overview
              • F. Hoffmann La Roche Ltd. - Business segments
              • F. Hoffmann La Roche Ltd. - Key news
              • F. Hoffmann La Roche Ltd. - Key offerings
              • F. Hoffmann La Roche Ltd. - Segment focus
            • 11.6 LGC Clinical Diagnostics Inc.
              • LGC Clinical Diagnostics Inc. - Overview
              • LGC Clinical Diagnostics Inc. - Product / Service
              • LGC Clinical Diagnostics Inc. - Key offerings
            • 11.7 NeoGenomics Laboratories Inc.
              • NeoGenomics Laboratories Inc. - Overview
              • NeoGenomics Laboratories Inc. - Business segments
              • NeoGenomics Laboratories Inc. - Key news
              • NeoGenomics Laboratories Inc. - Key offerings
              • NeoGenomics Laboratories Inc. - Segment focus
            • 11.8 OncoDNA SA
              • OncoDNA SA - Overview
              • OncoDNA SA - Product / Service
              • OncoDNA SA - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Inclusions checklist
                • Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Currency conversion rates for US$
              • 12.4 Research methodology
                • Research methodology
              • 12.5 Data procurement
                • Information sources
              • 12.6 Data validation
                • Data validation
              • 12.7 Validation techniques employed for market sizing
                • Validation techniques employed for market sizing
              • 12.8 Data synthesis
                • Data synthesis
              • 12.9 360 degree market analysis
                • 360 degree market analysis
              • 12.10 List of abbreviations
                • List of abbreviations

              Research Methodology

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Frequently Asked Questions

              Ntrk Fusion Gene Positive Advanced Solid Tumor market growth will increase by $ 92.6 mn during 2024-2028 .

              The Ntrk Fusion Gene Positive Advanced Solid Tumor market is expected to grow at a CAGR of 4.5% during 2024-2028 .

              Ntrk Fusion Gene Positive Advanced Solid Tumor market is segmented by Application( Clinical, Research)

              Bayer AG, Empire Genomics Inc., F. Hoffmann La Roche Ltd., LGC Clinical Diagnostics Inc., NeoGenomics Laboratories Inc., OncoDNA are a few of the key vendors in the Ntrk Fusion Gene Positive Advanced Solid Tumor market.

              North America will register the highest growth rate of 40% among the other regions. Therefore, the Ntrk Fusion Gene Positive Advanced Solid Tumor market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

              US, UK, China, Germany, Japan

              • Increasing incidence of cancerCancer is one of the leading causes of morbidity globally. NTRK fusions are seen in a few rare types of cancer and infrequently occur in some common cancers is the driving factor this market.
              • such as melanoma is the driving factor this market.
              • glioma is the driving factor this market.
              • and carcinomas of the thyroid is the driving factor this market.
              • lung is the driving factor this market.
              • and colon. Lung cancer is the most common cancer globally. According to the European Commission's estimates is the driving factor this market.
              • cancer affects men slightly more than women and among men is the driving factor this market.
              • cancer accounted for 54% of new cases and 56% of deaths in 2020. Cancers such as breast cancer is the driving factor this market.
              • colon and rectum cancer is the driving factor this market.
              • prostate cancer is the driving factor this market.
              • and tracheal is the driving factor this market.
              • bronchus is the driving factor this market.
              • and lung cancer are the most common cancers prevalent in the US. According to the CDC is the driving factor this market.
              • approximately 245 is the driving factor this market.
              • 000 cases of breast cancer in the US are diagnosed among women every year is the driving factor this market.
              • while approximately 2 is the driving factor this market.
              • 200 cases are diagnosed among men every year. It is estimated that 38.4% of all adults in the US will develop cancer during their lifetime is the driving factor this market.
              • with lung cancer being the most common type of cancer. Colorectal cancer is the third most common type of cancer globally. The incidence of colorectal cancer has typically increased in low and middle-income countries in recent years. Although the risk of the disease in adults aged below 50 years is relatively lower than that among older adults is the driving factor this market.
              • the recent trends showing increased prevalence of the disease in younger age groups are an indicator of the rising exposure to risk factors is the driving factor this market.
              • thereby foreshadowing the future cancer burden. Thus is the driving factor this market.
              • the increasing incidence of different types of cancers will subsequently increase the diagnosis of NTRK fusion gene positive advanced solid tumors is the driving factor this market.
              • which is expected to drive the growth of the market during the forecast period. is the driving factor this market.

              The Ntrk Fusion Gene Positive Advanced Solid Tumor market vendors should focus on grabbing business opportunities from the Clinical segment as it accounted for the largest market share in the base year.