Cancer Profiling Market Anticipates Robust 11.5% CAGR for 2024-30

Cancer Profiling Market Anticipates Robust 11.5% CAGR for 2024-30

Global Cancer Profiling Market Insights Report Overview

According to the latest market study by MarkNtel Advisors titled “Global Cancer Profiling Market: Industry Size, Share, Trends, Growth, Opportunity Analysis 2024-2030” presents a thorough examination of market drivers, opportunities and challenges.

Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.

Cancer Profiling Market Overview:

The Global Cancer Profiling Market size is estimated to grow at a CAGR of around 11.5% during the forecast period, i.e., 2024-30.

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Global Cancer Profiling Market Opportunity:

Advancements in Bioinformatics Techniques to Improve Testing Outcome and Support Market Growth – In recent years, companies like Amazon, M2GEN, FOXO Technologies, etc., have been focussing on introducing their upgraded bioinformatics software and services, especially for the oncology market. These services are designed to provide fast, highly reliable, and secure software to process and analyze vast amounts of genomic, and proteomic data.

The introduction of advanced bioinformatics tools and services within the Global Cancer Profiling Market is enabling the expansion of cancer research and diagnostics services across various domains. Notably, companies have recently intensified their efforts in areas such as targeted therapies and drug discovery.

Competitor Insight: Cancer Profiling Market

This report focuses on major market participants like:

  • NeoGenomics Laboratories

  • Eurofins Genomics GmbH

  • Hoffmann-La Roche Ltd (Foundation Medicine)

  • OncoDNA SA

  • 10x Genomics, Inc.

  • Caris Life Sciences.

  • Geneseeq Technology Inc.

  • Genetron Holdings Limited

  • Laboratory Corporation of America Holdings (LabCorp)

  • Dante Labs Inc.

  • Celemics, Inc.

  • Strand Life Sciences

  • Myriad Genetics, Inc.

  • QIAGEN GmbH

  • Tempus Labs

  • Others

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Segmentation Summary: Cancer Profiling Market

This segmentation analysis outlines prominent sections in the report's table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the Cancer Profiling Market, with notable highlighting on:

-By Application

  • Oncology Research

  • Precision Medicine

  • Clinical Diagnostics

  • Others (Prognosis, Monitoring and Recurrence Detection, etc.)

Within this group, oncology research acquires a major share of the Global Cancer Profiling Market. The rising prevalence of chronic cancer diseases, such as breast cancer, prostate cancer, etc., has been propelling pharmaceutical companies & biotech companies like Takeda, Pfizer, etc., to advance their research & development of new drugs & therapies. As a result, the demand for tumor profiling tests has been increasing since these testing services are used at various stages of drug development, such as preclinical testing, clinical trials, and others.

-By Type of Cancer

  • Breast Cancer - Market Size & Forecast 2019-2030, USD Million

  • Colorectal Cancer - Market Size & Forecast 2019-2030, USD Million

  • Gynecological Cancer - Market Size & Forecast 2019-2030, USD Million

  • ‎Leukemia - Market Size & Forecast 2019-2030, USD Million

  • Prostate Cancer - Market Size & Forecast 2019-2030, USD Million

  • Lung Cancer - Market Size & Forecast 2019-2030, USD Million

  • Others (Pancreatic Cancer, Skin Cancer, etc.) - Market Size & Forecast 2019-2030, USD Million

-By Technology

  • Next-Generation Sequencing - Market Size & Forecast 2019-2030, USD Million

  • Polymerase Chain Reaction - Market Size & Forecast 2019-2030, USD Million

  • Mass Spectrometry - Market Size & Forecast 2019-2030, USD Million

  • In-Situ Hybridization - Market Size & Forecast 2019-2030, USD Million

  • Microarrays Analysis - Market Size & Forecast 2019-2030, USD Million

  • Others (Single-Cell Sequencing, etc.) - Market Size & Forecast 2019-2030, USD Million

-By Biomarker Type

  • Genomic Biomarkers- Market Size & Forecast 2019-2030, USD Million

  • Proteomics Biomarkers- Market Size & Forecast 2019-2030, USD Million

  • Others (Epigenetic Biomarkers, Metabolomics Biomarkers, etc.)- Market Size & Forecast 2019-2030, USD Million

-By Cell Type

  • Germline - Market Size & Forecast 2019-2030, USD Million

  • Somatic - Market Size & Forecast 2019-2030, USD Million

-By End-User

  • Hospitals and Clinics - Market Size & Forecast 2019-2030, USD Million

  • Research Institutions and Laboratories - Market Size & Forecast 2019-2030, USD Million

  • Diagnostic Service Providers - Market Size & Forecast 2019-2030, USD Million

  • Pharmaceutical and Biotechnology Companies - Market Size & Forecast 2019-2030, USD Million

Cancer Profiling Market Geographical Reach:

  • North America

  • South America

  • Europe

  • Middle East & Africa

  • Asia Pacific

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Key Questions Addressed:

  • Factors Driving Market Growth: Understand the primary drivers propelling the Cancer Profiling market forward.

  • Access to Reliable Reports: Learn where to access dependable market reports for informed decision-making.

  • Growth Projections: Gain insights into anticipated growth projections for the coming years.

  • Geographical Hotspots: Identify geographical poised for significant market growth soon.

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