Global Molecular Biomarkers For Cancer Detection Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Cancer/Tumor Type;

Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Cervical Cancer, and Others.

By End User;

Hospitals, Specialty Clinics, and Diagnostic Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn391697234 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Molecular Biomarkers For Cancer Detection Market (USD Million), 2021 - 2031

In the year 2024, the Global Molecular Biomarkers For Cancer Detection Market was valued at USD 11074.68 million. The size of this market is expected to increase to USD 21581.42 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.

The Global Molecular Biomarkers for Cancer Detection Market is experiencing significant growth driven by advancements in biotechnology and molecular diagnostics. Biomarkers, which are measurable indicators of biological processes, pathogenic processes, or pharmacologic responses to a therapeutic intervention, are increasingly being utilized in oncology for early cancer detection, prognosis, and monitoring treatment responses. The market's expansion is attributed to the increasing prevalence of cancer worldwide, the rising demand for personalized medicine, and the ongoing innovations in biomarker discovery and validation techniques.

One of the major trends propelling the market is the integration of next-generation sequencing (NGS) and other high-throughput technologies. These technologies enable comprehensive genomic profiling, which aids in identifying specific molecular signatures associated with different cancer types. This, in turn, facilitates the development of targeted therapies and enhances the accuracy of diagnostic tests. The collaboration between academic institutions, research organizations, and biotechnology companies is fostering the development of novel biomarkers, further driving the market growth.

Regulatory agencies such as the FDA are increasingly approving biomarker-based tests, which is boosting their adoption in clinical settings. The market is also witnessing a rise in companion diagnostics, which are tests used to determine the suitability of a particular therapeutic product for a specific patient based on their biomarker profile. As a result, the landscape of cancer treatment is becoming more personalized, improving patient outcomes and reducing healthcare costs. With continued research and investment, the Global Molecular Biomarkers for Cancer Detection Market is poised for sustained growth, promising significant advancements in cancer diagnostics and treatment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Cancer/Tumor Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Molecular Biomarkers For Cancer Detection Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Cancer Prevalence
        3. Personalized Medicine
      2. Restraints
        1. High Costs
        2. Regulatory Challenges
        3. Technical Complexity
      3. Opportunities
        1. Personalized Medicine
        2. Genomic Profiling
        3. Targeted Therapies
    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. Global Molecular Biomarkers For Cancer Detection Market, By Cancer/Tumor Type, 2021 - 2031 (USD Million)
      1. Breast Cancer
      2. Lung Cancer
      3. Prostate Cancer
      4. Colorectal Cancer
      5. Cervical Cancer
      6. Others
    2. Global Molecular Biomarkers For Cancer Detection Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Specialty Clinics
      3. Diagnostic Centers
    3. Global Molecular Biomarkers For Cancer Detection 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
        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. Thermo Fisher Scientific Inc.
      2. Bio-Rad Laboratories, Inc.
      3. F. Hoffmann-La Roche Ltd.
      4. QIAGEN N.V.
      5. illumina Inc.
      6. Agilent Technologies Inc.
      7. Abbott Laboratories Inc.
      8. Becton, Dickinson, and Company
      9. Myriad Genetics, Inc.
      10. Sysmex Corporation
      11. Siemens AG
      12. BioMerieux SA
  7. Analyst Views
  8. Future Outlook of the Market