Cancer Profiling Market Dynamics – Driver, Challenge, Segment & Competition FY2030

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The Global Cancer Profiling Market size is estimated to grow at a CAGR of around 11.5% during the forecast period, i.e., 2024-30.

Overview of the Global Cancer Profiling Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Cancer Profiling Market By Type of Cancer (Breast Cancer, Colorectal Cancer, Gynecological Cancer, Leukemia, Prostate Cancer, Lung Cancer, Others), By Technology (Next-Generation Sequencing, Polymerase Chain Reaction, Mass Spectrometry, In-Situ Hybridization, Microarrays Analysis, Others), By Biomarker Type (Genomic Biomarkers, Proteomics Biomarkers, Others), By Cell Type (Germline, Somatic) and others, The Global Cancer Profiling Market size is estimated to grow at a CAGR of around 11.5% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Cancer Profiling Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-2030): 11.5%

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Global Cancer Profiling Market Opportunity:

Advancements in Bioinformatics Techniques to Improve Testing Outcome and Support Market Growth – In recent years, companies like Amazon, M2GEN, FOXO Technologies, etc., have been focussing on introducing their upgraded bioinformatics software and services, especially for the oncology market. These services are designed to provide fast, highly reliable, and secure software to process and analyze vast amounts of genomic, and proteomic data.

The introduction of advanced bioinformatics tools and services within the Global Cancer Profiling Market is enabling the expansion of cancer research and diagnostics services across various domains. Notably, companies have recently intensified their efforts in areas such as targeted therapies and drug discovery.

Therefore, with the rollout of advanced bioinformatics services, there is a significant potential for enhancing the efficacy of tumor profiling in cancer research and diagnostics in the foreseeable future. This is mainly because advanced bioinformatics services are expected to streamline operations and reduce turnaround times for market players, presenting them with growth opportunities in the coming years.

A Comprehensive Analysis of Leading Companies of Cancer Profiling Market by MarkNtel Advisors:

  • NeoGenomics Laboratories
  • Eurofins Genomics GmbH
  • Hoffmann-La Roche Ltd (Foundation Medicine)
  • OncoDNA SA
  • 10x Genomics, Inc.
  • Caris Life Sciences.
  • Geneseeq Technology Inc.
  • Genetron Holdings Limited
  • Laboratory Corporation of America Holdings (LabCorp)
  • Dante Labs Inc.
  • Celemics, Inc.
  • Strand Life Sciences
  • Myriad Genetics, Inc.
  • QIAGEN GmbH
  • Tempus Labs
  • Others

Key Cancer Profiling Market Segmentation:

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/cancer-profiling-market.html

-By Type of Cancer

  • Breast Cancer
  • Colorectal Cancer
  • Gynecological Cancer
  • ‎Leukemia
  • Prostate Cancer
  • Lung Cancer
  • Others (Pancreatic Cancer, Skin Cancer, etc.)

Of them all, the prostate cancer segment has the largest market share in the Global Cancer Profiling Market, which is attributed to the increasing prevalence of the segment globally.

-By Application

  • Oncology Research
  • Precision Medicine
  • Clinical Diagnostics
  • Others (Prognosis, Monitoring and Recurrence Detection, etc.)

Within this group, oncology research acquires a major share of the Global Cancer Profiling Market.

-By Technology

  • Next-Generation Sequencing - Market Size & Forecast 2019-2030, USD Million
  • Polymerase Chain Reaction - Market Size & Forecast 2019-2030, USD Million
  • Mass Spectrometry - Market Size & Forecast 2019-2030, USD Million
  • In-Situ Hybridization - Market Size & Forecast 2019-2030, USD Million
  • Microarrays Analysis - Market Size & Forecast 2019-2030, USD Million
  • Others (Single-Cell Sequencing, etc.) - Market Size & Forecast 2019-2030, USD Million

-By Biomarker Type

  • Genomic Biomarkers- Market Size & Forecast 2019-2030, USD Million
  • Proteomics Biomarkers- Market Size & Forecast 2019-2030, USD Million
  • Others (Epigenetic Biomarkers, Metabolomics Biomarkers, etc.)- Market Size & Forecast 2019-2030, USD Million

-By Cell Type

  • Germline - Market Size & Forecast 2019-2030, USD Million
  • Somatic - Market Size & Forecast 2019-2030, USD Million

-By End-User

  • Hospitals and Clinics - Market Size & Forecast 2019-2030, USD Million
  • Research Institutions and Laboratories - Market Size & Forecast 2019-2030, USD Million
  • Diagnostic Service Providers - Market Size & Forecast 2019-2030, USD Million
  • Pharmaceutical and Biotechnology Companies - Market Size & Forecast 2019-2030, USD Million

Geographical Analysis

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

North America has been dominating the Global Cancer Profiling Market over the historical years.

Key Reports Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

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