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Global Cancer Diagnostics Market

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<strong>Global</strong> <strong>Cancer</strong> <strong>Diagnostics</strong> <strong>Market</strong> is expected to grow at a CAGR of 11.7% in<br />

the Forecast Period 2018-2025<br />

<strong>Cancer</strong> diagnostics industry accounted to USD XX.XX million in 2017 growing at a CAGR of<br />

XX.XX% during the forecast period of 2018 to 2025, <strong>Global</strong>ly. <strong>Cancer</strong> diagnostics market report<br />

contains data for historic years 2016, the base year of calculation is 2017 and the forecast<br />

period is 2018 to 2025.<br />

Get Sample Research Report: http://databridgemarketresearch.com/request-asample/?dbmr=global-cancer-diagnostics-market<br />

The major factors driving the growth of <strong>Cancer</strong> <strong>Diagnostics</strong> <strong>Market</strong> are the growing with aging<br />

population worldwide, government initiatives for funding, and awareness about cancer. These<br />

factors increase the demand for cancer diagnostic products. On the other hand, stringent<br />

regulations imposed by international and local authorities and shortage of skilled and trained<br />

professionals may hinder the growth of the market. GE Healthcare is going to dominate the<br />

cancer diagnostics market, by imaging following with<br />

<br />

<br />

<br />

Siemens Healthcare GmbH<br />

Hologic, Inc,<br />

Becton, Dickinson & Company.<br />

Thermo Fisher Scientific, Inc. is going to dominate the cancer diagnostics market, by platform<br />

based following with Illumina, Inc. along with others such as Roche <strong>Diagnostics</strong>, Abbott<br />

Laboratories, Inc. Qiagen.<br />

Next Generation Sequencing (NGS) market is growing with the highest CAGR.<br />

<strong>Global</strong>ly biopsy is driving the market with highest market share.<br />

Magnetic Resonance Imaging (MRI) is dominating the cancer diagnostics imaging<br />

market.<br />

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Key Drivers:<br />

Some of the major factors driving the market for cancer diagnostics market are growing ageing<br />

population worldwide, government initiatives for funding and awareness about cancer. These<br />

factors increase the demand for cancer diagnostics products. Increasing prevalence of cancer,


key players focusing are on strategic decisions and technological advancements are the major<br />

factors driving the growth of the cancer diagnostics market.<br />

Stringent regulations imposed by the international and local authorities and shortage of<br />

the skilled and trained professionals are the factors which may hinder the growth of this<br />

market.<br />

Many companies are increasingly focusing on Next Generation Sequencing (NGS) and<br />

biopsy products in order to strengthen their product portfolios in the cancer diagnostics<br />

market.<br />

Increasing demand for Magnetic Resonance Imaging (MRI) and Next Generation<br />

Sequencing (NGS) will drive the market in future.<br />

<strong>Market</strong> Segmentation: <strong>Cancer</strong> <strong>Diagnostics</strong> <strong>Market</strong><br />

<br />

<br />

The global cancer diagnostics market is segmented on the basis of technology, application, and<br />

geography.<br />

The global cancer diagnostics market is segmented into two types,<br />

<br />

<br />

Platform based<br />

Instrument based<br />

<br />

<br />

In 2017, the cancer diagnostics instrument based segment is expected to dominate the market<br />

with a share of 68.8% and is expected to continue this trend till 2024.<br />

<strong>Cancer</strong> diagnostics platform based market is segmented into<br />

<br />

<br />

<br />

<br />

<br />

<br />

Polymerase chain reaction (PCR)<br />

In situ hybridization (ISH)<br />

Immunohisto chemistry (IHC)<br />

Next generation sequencing (NGS)<br />

DNA microarrays<br />

Flow cytometry and others<br />

<br />

<strong>Cancer</strong> <strong>Diagnostics</strong> instrument based market is segmented into<br />

<br />

<br />

Imaging<br />

Biopsy


Imaging is further segmented into<br />

<br />

<br />

<br />

<br />

<br />

Magnetic resonance imaging (MRI)<br />

Computed tomography (CT)<br />

Positron emission tomography- computed tomography (PET-CT)<br />

Mammography<br />

Ultrasound<br />

On the basis of application, the market is segmented into<br />

<br />

<br />

<br />

<br />

Lung <strong>Cancer</strong><br />

Breast <strong>Cancer</strong><br />

Colorectal <strong>Cancer</strong><br />

Melanoma And Others<br />

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satisfying rate.<br />

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