Global Immuno Oncology Assays Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Consumables and Software

By Technology;

Immunoassay, PCR, NGS, Flow Cytometry, and Others

By Indication;

Colorectal Cancer, Lung Cancer, Melanoma, Bladder Cancer, and Others

By Application;

Clinical Diagnostics and Research

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn639325262 Published Date: May, 2025 Updated Date: June, 2025

Immuno Oncology Assays Market Overview

Immuno Oncology Assays Market (USD Million)

In the year 2024, the Immuno Oncology Assays Market was valued at USD 5,860.31 million. The size of this market is expected to increase to USD 11,132.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.


Global Immuno Oncology Assays Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.6 %
Market Size (2024)USD 5,860.31 Million
Market Size (2031)USD 11,132.55 Million
Market ConcentrationMedium
Report Pages387
5,860.31
2024
11,132.55
2031

Major Players

  • Merck & Co., Inc.
  • Thermo Fisher Scientific Inc.
  • F. Hoffmann-La Roche Ltd.
  • Agilent Technologies, Inc.
  • Abbott Laboratories
  • Illumina, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Immuno Oncology Assays Market

Fragmented - Highly competitive market without dominant players


Increasing Preference for Personalized Cancer Treatments
The immuno oncology assays is accelerating as personalized cancer therapies gain traction in modern oncology. These assays enable tailored treatment strategies by identifying patient-specific biomarkers, which guide immunotherapy decisions. With more than 40% of oncologists now integrating biomarker testing into clinical workflows, the market is witnessing significant momentum.

Innovation in Assay Technologies Enhancing Market Appeal
Advancements in assay technology—such as next-generation sequencing and multiplex platforms—have greatly enhanced the precision and efficiency of immuno oncology diagnostics. About 35% of new assays now feature AI-powered analytics, offering faster and more reliable insights into immune responses. These technological strides are pushing the boundaries of both clinical practice and research.

Broader Utilization in Clinical and Drug Development Environments
Usage of immuno oncology assays is expanding across clinical settings and pharmaceutical R&D. These assays are essential for evaluating treatment efficacy and accelerating drug development timelines. Currently, around 50% of active immunotherapy trials rely on these tools for biomarker validation, demonstrating their integral role in advancing therapeutic pipelines.

Supportive Regulations and Coverage Fueling Growth
The market is further supported by streamlined regulatory approvals and improving reimbursement landscapes. Regulatory authorities are prioritizing the approval of companion diagnostics, while roughly 30% of insurance providers now offer coverage for biomarker-based immunotherapy tests. These developments are reducing barriers to adoption and fostering market confidence.

Wider Application Across Multiple Cancer Types
Immuno oncology assays, once limited in use, are now being applied to a broad spectrum of cancers—including lung, gastrointestinal, and melanoma. Today, over 45% of cancer patients undergoing immunotherapy receive biomarker testing, underscoring the growing importance of these assays in treatment planning and outcome optimization.

  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
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Indication
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Immuno Oncology Assays Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for autoimmune disease treatments

        2. Increasing adoption in therapeutic apheresis procedures

        3. Technological advances in column efficiency

        4. Growing prevalence of chronic inflammatory disorders

      2. Restraints
        1. High cost of immunoadsorption procedures

        2. Limited awareness in developing healthcare systems

        3. Stringent regulatory requirements for product approval

        4. Inconsistent reimbursement across treatment markets

      3. Opportunities
        1. Expansion into emerging healthcare markets

        2. Development of disease-specific adsorption columns

        3. Strategic collaborations with biotech firms

        4. Rising focus on personalized treatment solutions

    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. Immuno Oncology Assays Market, By Product, 2021 - 2031 (USD Million)
      1. Consumables
      2. Software
    2. Immuno Oncology Assays Market, By Technology, 2021 - 2031 (USD Million)
      1. Immunoassay
      2. PCR
      3. NGS
      4. Flow Cytometry
      5. Others
    3. Immuno Oncology Assays Market, By Indication, 2021 - 2031 (USD Million)
      1. Colorectal Cancer
      2. Lung Cancer
      3. Melanoma
      4. Bladder Cancer
      5. Others
    4. Immuno Oncology Assays Market, By Application, 2021 - 2031 (USD Million)
      1. Clinical Diagnostics
      2. Research
    5. Immuno Oncology Assays 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. F. Hoffmann-La Roche Ltd,
      2. Illumina, Inc.
      3. Agilent Technologies, Inc.
      4. Thermo Fisher Scientific Inc.
      5. Merck KGaA
      6. Invivoscribe, Inc.
      7. QIAGEN
      8. PerkinElmer Inc.
      9. Sartorius AG
      10. Bio-Rad Laboratories, Inc.
      11. Bruker Spatial Biology, Inc.
  7. Analyst Views
  8. Future Outlook of the Market