Cancer Diagnostics Market Infrastructure Insights 2020 & Global Trend Report Analysis 2027
Cancer diagnostics is a process of detecting various proteins, biomarkers and certain symptoms that result in the detection of presence of cancerous tumor in patients. Detection of certain proteins and biomarkers which are prevalent in cancer disorder thereby results in diagnosis process. Cancer diagnostics includes usage of certain technology and devices for detection purpose.
Increase in incidence of
target diseases like cancer is key driving factor which is expected to boost
the global cancer diagnostic market growth. For instance, according to WHO
(World Health Organization) cancer is the foremost cause of mortality across
the world, which holding account around 9.6 million deaths in 2018.
Furthermore, continuous growth of the healthcare and diagnostics sector will
positively contribute the market growth during this forecast period. Also, rise
in collaborative and independent government as well as private sector
initiatives will drive the market growth. Moreover, increase in technological
advancements in target disease screening tests will propel the market growth.
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However, high capital
investments and low benefit cost ratio for biomarkers is the major challenging
factor which is expected to hinder the global cancer diagnostics market growth.
Furthermore, high cost of diagnostic imaging systems will hamper the market
growth during this analysis period.
Cancer Diagnostics Market Segmentation
Global Cancer Diagnostics
Market is segmented into diagnostic type such as Diagnostic Imaging Tests,
Biopsy and Cytology Tests, Tumor Biomarkers, and Others. Further, market is
segmented into application such as Breast Cancer, Lung Cancer, Cervical Cancer,
Kidney Cancer, Pancreatic Cancer, and Others.
Also, Global Cancer Diagnostics Market is segmented into five
regions such as North America, Latin America, Europe, Asia Pacific, and Middle
East & Africa
Market Key Players
Various key players are
discussed in this report such as Becton, Dickinson and Company, GE Healthcare,
Abbott, Roche, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc.,
Illumina, Inc., Siemens Healthcare, and C.R. Bard, Inc.
Market Taxonomy
By Diagnostic Type
- Diagnostic
Imaging Tests
- Biopsy
and Cytology Tests
- Tumor
Biomarkers
- Others
By Application
- Breast
Cancer
- Lung
Cancer
- Cervical
Cancer
- Kidney
Cancer
- Pancreatic
Cancer
- Others
By Region
- North
America
- Latin
America
- Europe
- Asia
Pacific
- Middle
East & Africa
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