Global Advanced Cancer Diagnostics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Genomics Based Diagnostics, Epigenomics Based Diagnostics, Cellular Analysis Based Diagnostics, and Proteomics Based Diagnostics

By Cancer Type;

Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Liver Cancer, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn788000632 Published Date: June, 2025 Updated Date: July, 2025

Advanced Cancer Diagnostics Market Overview

Advanced Cancer Diagnostics Market (USD Million)

Advanced Cancer Diagnostics Market was valued at USD 93,290.10 million in the year 2024. The size of this market is expected to increase to USD 181,218.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10%.


Global Advanced Cancer Diagnostics Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10 %
Market Size (2024)USD 93,290.10 Million
Market Size (2031)USD 181,218.36 Million
Market ConcentrationMedium
Report Pages382
93,290.10
2024
181,218.36
2031

Major Players

  • Roche Diagnostics
  • Abbott Laboratories
  • Thermo Fisher Scientific Inc.
  • Siemens Healthineers
  • Illumina Inc.
  • GE Healthcare
  • Agilent Technologies Inc.
  • BD (Becton, Dickinson and Company)
  • Bio-Rad Laboratories Inc.
  • Qiagen N.V.
  • Myriad Genetics Inc.
  • Hologic Inc.
  • Sysmex Corporation
  • PerkinElmer Inc.
  • Danaher Corporation (including its subsidiary, Cepheid)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Advanced Cancer Diagnostics Market

Fragmented - Highly competitive market without dominant players


The Advanced Cancer Diagnostics Market is witnessing accelerated growth, driven by the rising prevalence of complex cancer types and the demand for personalized therapies. Precision oncology has gained momentum, with nearly 45% of cancer-related research now focused on molecular diagnostics and genomic profiling. The integration of advanced diagnostic tools has become critical in identifying tumor-specific biomarkers and tailoring treatment strategies.

Growing Focus on Early Detection and Screening
Early detection remains a key driver, with over 50% of cancer cases being diagnosed at later stages due to limited access to efficient diagnostic methods. The increasing implementation of proactive screening programs and biomarker-based tests is improving survival rates and treatment outcomes. Advanced diagnostics are enabling identification of cancer at stages where therapeutic interventions are more effective.

Rising Investments in Diagnostic Research
Global funding for cancer diagnostics research has increased sharply, with around 40% of oncology R&D budgets now dedicated to advanced diagnostic technologies. Collaborations between diagnostic companies and academic institutions are accelerating innovation, resulting in the development of faster, more sensitive detection platforms. This investment surge is contributing to robust market expansion and product pipeline diversification.

Integration with Digital Health Ecosystems
The integration of advanced diagnostics into digital health platforms is streamlining cancer management workflows. Over 35% of oncology practices have adopted connected diagnostic tools that enable real-time data sharing and patient monitoring. This convergence of diagnostics and digital solutions is enhancing operational efficiency and supporting more personalized patient care models.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Cancer Type
    3. Market Snapshot, By Region
  4. Advanced Cancer Diagnostics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements driving growth
        2. Increasing cancer incidence rates
        3. Rising healthcare expenditure worldwide
        4. Growing demand for precision
        5. Improved diagnostic accuracy rates
      2. Restraints
        1. High diagnostic costs
        2. Limited accessibility in regions
        3. Regulatory approval challenges persist
        4. Limited skilled professionals available
        5. Reimbursement policies vary widely
      3. Opportunities
        1. Emerging market expansion potential
        2. Innovations in liquid biopsy
        3. Increasing use of AI
        4. Personalized medicine gaining traction
        5. Collaborative research driving advancements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Advanced Cancer Diagnostics Market, By Product Type, 2021 - 2031 (USD Million)
      1. Genomics Based Diagnostics
      2. Epigenomics Based Diagnostics
      3. Cellular Analysis Based Diagnostics
      4. Proteomics Based Diagnostics
    2. Advanced Cancer Diagnostics Market, By Cancer Type, 2021 - 2031 (USD Million)
      1. Breast Cancer
      2. Lung Cancer
      3. Prostate Cancer
      4. Colorectal Cancer
      5. Liver Cancer
      6. Others
    3. Advanced Cancer Diagnostics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Roche Diagnostics
      2. Abbott Laboratories
      3. Thermo Fisher Scientific Inc.
      4. Siemens Healthineers
      5. Illumina Inc.
      6. GE Healthcare
      7. Agilent Technologies Inc.
      8. BD (Becton, Dickinson and Company)
      9. Bio-Rad Laboratories Inc.
      10. Qiagen N.V.
      11. Myriad Genetics Inc.
      12. Hologic Inc.
      13. Sysmex Corporation
      14. PerkinElmer Inc.
      15. Danaher Corporation (including its subsidiary, Cepheid)
  7. Analyst Views
  8. Future Outlook of the Market