Oncology Molecular Diagnostic Market Size To Rake USD 7.71 Bn By 2033

The oncology molecular diagnostic market size is poised to grow by USD 7.71 billion by 2033 from USD 2.45 billion in 2023, exhibiting a CAGR of 12.20% during the forecast period 2024 to 2033. 

Key Takeaways

• North America contributed more than 41% of the market share in 2023.
• Asia-Pacific is estimated to expand the fastest CAGR between 2024 and 2033.
• The breast cancer segment generated over 22% of the market share in 2023.
• The liver cancer segment is anticipated to grow at a remarkable CAGR of 13.9% between 2024 and 2033.
• The polymerase chain reaction (PCR) segment generated over 32% of the market share in 2023.
• The sequencing segment is expected to expand at the fastest CAGR over the projected period.
• The reagents segment generated over 59% of the market share in 2023.
• The instruments segment is expected to expand at the fastest CAGR over the projected period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Oncology molecular diagnostic market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Oncology molecular diagnostic Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

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Oncology Molecular Diagnostic Market  Scope

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The empirical study on the global Oncology molecular diagnostic market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Oncology molecular diagnostic Market. Our market report for the Oncology molecular diagnostic market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Oncology Molecular Diagnostic Market Companies

• Roche Diagnostics
• Abbott Laboratories
• Thermo Fisher Scientific Inc.
• Illumina, Inc.
• Qiagen N.V.
• Bio-Rad Laboratories, Inc.
• Genomic Health, Inc.
• Myriad Genetics, Inc.
• Agilent Technologies, Inc.
• Siemens Healthineers
• Danaher Corporation (Cepheid)
• Sysmex Corporation
• Hologic, Inc.
• Guardant Health, Inc.
  • Foundation Medicine, Inc.

Data Sources and Methodology

To gather comprehensive insights on the Global Oncology molecular diagnostic Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Oncology molecular diagnostic Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Oncology molecular diagnostic market report exclusively from precedence research

• The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

• Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
• Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
• Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

Reasons to Consider Purchasing the Report:

• Enhance your market research capabilities by accessing this comprehensive and precise report on the global Oncology molecular diagnostic market.
• Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
• Benefit from in-depth research and analysis of the latest trends shaping the global Oncology molecular diagnostic market.
• Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Oncology molecular diagnostic market.
• Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
• Discover not only the cutting-edge technological advancements in the global Oncology molecular diagnostic market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Oncology Molecular Diagnostic Market 

5.1. COVID-19 Landscape: Oncology Molecular Diagnostic Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Oncology Molecular Diagnostic Market, By Type

8.1. Oncology Molecular Diagnostic Market Revenue and Volume, by Type, 2024-2033

8.1.1 Breast Cancer

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Prostate Cancer

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Colorectal Cancer

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Cervical Cancer

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Liver Cancer

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

8.1.6. Lung Cancer

8.1.6.1. Market Revenue and Volume Forecast (2021-2033)

8.1.7. Lung Cancer

8.1.7.1. Market Revenue and Volume Forecast (2021-2033)

8.1.8. Blood Cancer

8.1.8.1. Market Revenue and Volume Forecast (2021-2033)

8.1.9. Kidney Cancer

8.1.9.1. Market Revenue and Volume Forecast (2021-2033)

8.1.10. Other Cancer

8.1.10.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Oncology Molecular Diagnostic Market, By February

9.1. Oncology Molecular Diagnostic Market Revenue and Volume, by February, 2024-2033

9.1.1. Cathode

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Anode

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Electrolyte

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Separator

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Oncology Molecular Diagnostic Market, By March 

10.1. Oncology Molecular Diagnostic Market Revenue and Volume, by March, 2024-2033

10.1.1. Consumer

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Automotive

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Industrial

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Cheese

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

10.1.5. Others

10.1.5.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global Oncology Molecular Diagnostic Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by March (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by February (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by March (2021-2033)

Chapter 12. Company Profiles

12.1. Roche Diagnostics

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Abbott Laboratories

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Thermo Fisher Scientific Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Illumina, Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Qiagen N.V.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Bio-Rad Laboratories, Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Genomic Health, Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Myriad Genetics, Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Agilent Technologies, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Siemens Healthineers

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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