The Cancer/Tumor Profiling Market size was valued at USD 8.37 Billion in 2020 and is projected to reach USD 21.41 Billion by 2029, growing at a CAGR of 11% from 2022 to 2029.
Accuracy Consultancy, offers 2022 report for Cancer/Tumor Profiling Market. Cancer/tumor profiling provides information about cancer-causing genes and helps researchers better understand how cancer works. Cancer profiling is effective not only for molecular profiling of common malignancies such as lymphoma and breast cancer, but also for lung cancer, prostate cancer, and acute leukemia. Cancer profiling is becoming increasingly important in molecular diagnostics. With a better understanding of cancerous tumors, clinicians can make more informed treatment decisions and prevent cancer patients from being “overtreated”.
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Recent developments
QIAGEN is a German provider of sampling and assay technology for molecular diagnostics, applied testing, academic and pharmaceutical research. Consolidated under the Dutch holding company QIAGEN NV, the company operates more than 35 offices in more than 25 countries.
Illuminated is a leading developer, manufacturer and marketer of integrated life science tools and systems for the large-scale analysis of genetic variation and function.
Regional analysis
North America Region is expected to show the highest CAGR during the forecast period. This is mainly due to the increase in disposable income and increasing urbanization in these countries. Presence of large corporations, advancements in technology, rising incidence of cancer, and increasing spending on oncology research to identify new treatments are all aspects that contribute to a large share of this segment. On the other hand, Asia-Pacific is expected to grow fastest during the forecast period. A huge population, advances in medical knowledge, and increasing disposable income all contribute to this growth.
Some Key Cancer/Tumor Profiling Market Players Are Medtronic, Boston Scientific Corporation, Becton, Dickinson and Company, Abbott, Cardinal Health, B. Braun Melsungen AG, Stryker, Terumo Medical Corporation, Cook Medical, Biosensors International Group, Ltd, Teleflex Incorporatedand others.
Market trends: Key market trends which include increased competition and continuous innovations.
Opportunities and Drivers: Identify growing demands and new technologies
Porters Five Forces Analysis: The report presents the state of competition in the industry based on five fundamental forces: the threat of new entrants, the bargaining power of suppliers, the bargaining power of buyers, the threat of substitute products or services and existing rivalry in the industry.
Global Cancer/Tumor Profiling Market Segmentation:
Cancer/Tumor Profiling Market by kind, 2020-2029, (USD Million), (Thousand Units)
Stents
Catheters
Inferior vena cava filters
Embolization devices
Thrombectomy systems
Angioplasty balloons
Biopsy needles
Hemodynamic Flow Modification Devices
Accessories
Cancer/Tumor Profiling Market by application, 2020-2029, (USD Million), (Thousand Units)
Cardiology
Oncology
Gastroenterology
Neurology
Orthopedics
Urology
Nephrology
Others
Cancer/Tumor Profiling Market by the end user, 2020-2029, (USD Million), (Thousand Units)
Hospitals
Clinics
Home care settings
Cancer/Tumor Profiling Market by region, 2020-2029, (USD Million), (Thousand Units)
North America
Europe
Asia Pacific
South America
Middle East and Africa
Important countries from all regions are covered.
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The table of contents of the report includes
1. Summary
- Characteristics of the Cancer/Tumor Profiling Market
- Market Trends and Strategies for Interventional Radiology Products
- Impact of COVID-19 on car care products
Five. Interventional Radiology Products Market Size and Growth
…… 27. Competitive environment and company profiles in the Cancer/Tumor Profiling Market
- Major mergers and acquisitions in the cancer/tumor profiling market
- Future Prospects and Potential Analysis of the Cancer/Tumor Profiling Market
30 schedule
This report covers market trends and dynamics of the Cancer/Tumor Profiling market in key countries Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States. The report also includes consumer research and various future market opportunities.
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