• In November 2023, Illumina, Inc launched a generation of its liquid biopsy assay for genomic profiling. TruSight Oncology 500 ctDNA v2 enables ctDNA’s comprehensive genomic profiling (CGP) from blood when tissue testing isn’t available.

• In June 2021, NeoGenomics, Inc. (US) acquired Inivata Ltd. (England) a liquid biopsy platform firm. This acquisition is expected to enhance NeoGenomic's position in the cancer profiling market and further establish the firm in the rapidly evolving liquid biopsy testing space.

In this report, the Tumor Profiling Market has been segmented by Technique, Technology, Application and Geography.

Tumor Profiling Market, Segmentation by Technique

The Tumor Profiling Market has been segmented by Technique into Genomics, Proteomics, Metabolomics and Epigenetics.

Genomics

Genomics dominates the tumor profiling market with a share of approximately 45%, driven by its central role in identifying genetic mutations, oncogenes, and tumor suppressor genes. Techniques such as next-generation sequencing (NGS) and whole-exome sequencing are widely adopted for personalized cancer therapy.

Proteomics

Proteomics accounts for nearly 25% of the market, focusing on the protein expression profiles in tumor cells. It aids in identifying biomarkers and understanding signaling pathways involved in tumor progression. The technique is crucial for drug target discovery and treatment response monitoring.

Metabolomics

Metabolomics holds about 15% of the tumor profiling market. It analyzes metabolic alterations associated with tumor cells and supports early detection and therapy stratification. Metabolomics provides real-time insights into tumor biology through non-invasive testing methods.

Epigenetics

Epigenetics contributes nearly 15% of the market share, offering valuable insights into gene expression regulation through DNA methylation, histone modifications, and non-coding RNAs. It plays a key role in identifying epigenetic drivers of cancer and enables targeted epigenetic therapies.

Tumor Profiling Market, Segmentation by Technology

The Tumor Profiling Market has been segmented by Technology into Sequencing Technologies - Next Generation Sequencing(NGS), Sanger Sequencing and Pyro Sequencing, In Situ Hybridization, Immunohistochemistry, Quantitative PCR (qPCR), and Microarray.

Sequencing Technologies - Next Generation Sequencing (NGS), Sanger Sequencing and Pyro Sequencing

Sequencing technologies hold the largest share of the market at approximately 40%, with Next Generation Sequencing (NGS) leading due to its high-throughput capabilities and ability to detect comprehensive genomic alterations. Sanger sequencing and pyrosequencing remain relevant for targeted mutation analysis and validation.

In Situ Hybridization

In situ hybridization accounts for around 15% of the market. This technique is widely used for detecting specific DNA or RNA sequences within tissue sections, making it vital for analyzing gene amplifications and chromosomal abnormalities in cancer diagnostics.

Immunohistochemistry

Immunohistochemistry (IHC) represents about 20% of the tumor profiling market. IHC is a critical method for protein expression profiling and is extensively used to identify tumor origin, biomarker expression, and therapy responsiveness in solid tumors.

Quantitative PCR (qPCR)

Quantitative PCR (qPCR) holds nearly 15% market share due to its rapid turnaround and quantitative precision. It is widely employed for gene expression analysis, mutation detection, and minimal residual disease monitoring in oncology.

Microarray

Microarray technology contributes around 10% to the tumor profiling market. Although its usage has declined with the rise of NGS, it remains valuable for large-scale gene expression studies and molecular subtyping of tumors in research and academic settings.

Tumor Profiling Market, Segmentation by Application

The Tumor Profiling Market has been segmented by Application into Personalized Cancer Medicine, Oncological Diagnostics and Research.

Personalized Cancer Medicine

Personalized cancer medicine dominates the application segment, contributing approximately 50% of the global tumor profiling market. It enables the development of individualized treatment strategies by identifying genomic and proteomic alterations. Tumor profiling plays a key role in targeted therapy selection and drug response prediction.

Oncological Diagnostics

Oncological diagnostics accounts for nearly 35% of the market. It is primarily used for the early detection, tumor classification, and prognostic evaluation of various cancers. Tumor profiling enhances clinical decision-making by offering deeper insight into molecular tumor characteristics.

Research

Research applications contribute about 15% of the tumor profiling market. Academic and research institutions utilize profiling technologies to explore tumorigenesis mechanisms, discover new biomarkers, and develop novel oncology therapeutics. This segment is crucial for translational cancer research.

Tumor Profiling Market, Segmentation by Geography

In this report, the Tumor Profiling Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Tumor Profiling Market Share (%), by Geographical Region, 2024

North America

North America leads the tumor profiling market with approximately 42% share. The region benefits from advanced healthcare infrastructure, high adoption of personalized medicine, and significant investment in oncology research. The U.S. dominates due to robust genomic testing platforms and biopharmaceutical collaborations.

Europe

Europe holds nearly 28% of the global tumor profiling market. Growth is driven by widespread use of molecular diagnostics and initiatives for early cancer detection. Countries like Germany, France, and the UK are implementing precision oncology programs within public healthcare systems.

Asia Pacific

Asia Pacific captures around 20% of the market and is expected to grow rapidly due to rising cancer prevalence and increasing access to diagnostic technologies. China, Japan, and India are expanding investments in genomics infrastructure and clinical research partnerships.

Middle East and Africa

Middle East and Africa account for roughly 5% of the tumor profiling market. Limited access to advanced diagnostic services and underdiagnosis of cancer constrain growth. However, regional initiatives to expand oncology services are gradually improving market penetration.

Latin America

Latin America holds close to 5% market share. Brazil and Mexico lead in adopting tumor profiling technologies, supported by government screening programs and expanding private healthcare. However, access to precision diagnostics remains uneven across the region.

This report provides an in depth analysis of various factors that impact the dynamics of Global Tumor Profiling Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Technological advancements in diagnostics
• Increasing cancer prevalence globally
• Growing demand for personalized medicine

• Rise in government funding support - The rise in government funding support is a significant driver of growth in the global tumor profiling market. Public health agencies and national research bodies are increasingly allocating funds toward personalized medicine initiatives, cancer biomarker discovery, and precision oncology research. These funding initiatives enhance the development and adoption of advanced tumor profiling technologies such as next-generation sequencing (NGS), immunohistochemistry (IHC), and in situ hybridization (ISH). By subsidizing high-cost diagnostics and incentivizing R&D efforts, governments are helping to make tumor profiling more accessible and affordable for both research institutions and healthcare providers.

  In addition, strategic collaborations between government entities and private biotech companies are further accelerating innovation in cancer diagnostics. Funding programs such as the U.S. Cancer Moonshot and Europe's Horizon initiatives have spurred substantial investment in molecular profiling and biomarker validation. These initiatives not only promote early cancer detection but also support the integration of profiling data into treatment planning. As a result, the increasing availability of financial and infrastructural support is expected to boost the global adoption of tumor profiling technologies, contributing to more personalized, effective cancer care.

Restraints

• Limited awareness in developing regions
• Regulatory challenges in approvals

• Ethical concerns over data privacy - Ethical concerns over data privacy present a notable restraint in the growth of the tumor profiling market. Tumor profiling relies heavily on the collection, storage, and analysis of large volumes of genomic and patient-specific data, which raises critical questions around data ownership, consent, and misuse. Patients may be hesitant to participate in profiling programs due to fears of genetic discrimination or unauthorized sharing of sensitive health information. These concerns are further amplified by the increasing number of data breaches and cybersecurity threats across the healthcare sector, undermining trust in digital health technologies.

  Regulatory frameworks such as HIPAA in the U.S. and GDPR in the European Union mandate strict compliance for data protection, but the evolving nature of data analytics in healthcare makes consistent enforcement challenging. Many countries still lack clear, enforceable guidelines specifically tailored to genomic data privacy, creating uncertainty for providers and researchers. The absence of standardized data governance practices can delay clinical adoption and limit the scope of international collaborations. As precision medicine advances, addressing these privacy concerns will be essential to maintaining public confidence and ensuring ethical integration of tumor profiling in routine care.

Opportunities

• Integration of AI in profiling
• Development of targeted therapies

• Rise in collaborations for research - The growing number of collaborations for research represents a major opportunity in the tumor profiling market, enabling faster innovation and broader application of precision oncology. Academic institutions, biotechnology firms, and healthcare providers are increasingly partnering to share resources, knowledge, and data, which helps accelerate the development of novel biomarkers, diagnostic tools, and targeted therapies. These joint efforts support more efficient clinical trials and facilitate the integration of tumor profiling into standard cancer care, improving outcomes through more tailored treatment strategies.

  Global initiatives and consortiums such as The Cancer Genome Atlas (TCGA) and International Cancer Genome Consortium (ICGC) have shown how collaborative research can lead to significant breakthroughs in understanding tumor heterogeneity and identifying actionable mutations. Such partnerships often attract substantial public and private funding, further boosting research capacity. As collaborations grow more interdisciplinary and international, they help overcome geographical and technological barriers, making tumor profiling technologies more accessible and scalable. This collaborative momentum is expected to drive market expansion by fostering innovation and enhancing the clinical utility of tumor profiling across diverse healthcare settings.

Key players in Global Tumor Profiling Market include:

• Illumina, Inc
• Thermo Fisher Scientific Inc
• Qiagen N.V
• F. Hoffmann-La Roche AG
• Foundation Medicine, Inc
• Myriad Genetics, Inc
• Guardant Health, Inc
• NanoString Technologies, Inc
• Agilent Technologies, Inc
• Genomic Health, Inc

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Market Share Analysis
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis