Cancer diagnostics market report for 2026 – Companies, applications, products and more

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Cancer Diagnostics Market Trends Research And
Projections For 2020- 2026

• A research study conducted by Global Market
  Insights, Inc., suggests that Cancer Diagnostics
  Market is likely to exceed the 170 billion mark
  by 2025, in terms of revenue.
• Growing awareness regarding early disease
  diagnosis coupled with increasing number of
  diagnostic and research laboratories will drive
  cancer diagnostics market demand over the
  forthcoming time period. Evolving healthcare
  infrastructure of developing countries, rising
  awareness about cancer, and increasing healthcare
  spending will further influence the market growth
  positively
• Moreover, various advancements in cancer
  diagnostics that enable real time diagnosis as
  well as quicker results will increase sales of
  cancer diagnostic kits.

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• With growing prevalence of cancer cases across
  the globe, key industry players are increasingly
  focusing on consolidating their position in the
  market through several tried-and-tested methods.

• Based on type, the rectal and colon and cancer
  segment is expected to observe substantial growth
  over the projected time period. It is likely to
  reach a valuation of over 16.9 billion by the
  end of the analysis timeframe. Increasing
  incidence of colorectal cancer amongst young
  adults has further raised the demand for rectal
  and colon cancer diagnostic products

• As per the American Cancer Society, since 1994
  cases of colorectal cancer in individuals aged
  under 50 years has increased by 51. In fact,
  nearly 16,000 people aged below 50 years are
  diagnosed with colorectal cancer annually,
  stimulating the demand for disease monitoring
  diagnostic kits.

• In terms of end-use, in 2018, the cancer research
  institutes segment was valued at approximately
  6.4 billion and is expected to experience rapid
  growth over the forecast timeframe. The growth is
  being ascribed to investments by market players
  looking to accelerate research activities
  regarding cancer diagnosis owing to the
  increasing demand for advanced cancer diagnostic
  tools.

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• Regional Analysis

• Through a regional perspective, the Germany
  cancer diagnostics industry is anticipated to
  witness more than 9.0 CAGR over the estimated
  timeframe. Substantial expenditure on healthcare
  along with high technological adoption will fuel
  the cancer diagnostics market growth in the
  region.

• Competitive Analysis

• The competitive landscape of caner diagnostics
  market includes Qiagen, Siemens Healthcare,
  Sysmex Corporation, Hologic, bioMerieux, Abbott
  Laboratories, Cancer Genetics, Bio-Rad
  Laboratories, Biocartis, Dickinson and Company
  (BD), Roche, Alere, Becton, GE Healthcare, and
  BioCare Medical among others.

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Latest Research Report On Cancer Diagnostics
Market _at_ https//www.gminsights.com/industry-anal
ysis/cancer-diagnostics-market
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