Next Generation Cancer Diagnostic Devices Market Size, Share, Report 2025
The Global Next Generation Cancer Diagnostic Devices Market reached US$ 18.12 billion in 2024 and is expected to reach US$ 61.14 billion by 2033, growing at a CAGR of 15.2% during the forecast period 2025-2033.
The Next-generation cancer diagnostic devices market focuses on advanced technologies for early, precise, and non-invasive cancer detection. These devices utilize innovations like liquid biopsies, next-generation sequencing (NGS), biomarkers, and AI-powered diagnostic tools to improve accuracy and speed. Driven by rising cancer prevalence, personalized medicine, and advancements in genomics, this market plays a critical role in transforming cancer diagnosis and patient care.
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Key Players:
Profiles of some of the major players in the global Next Generation Cancer Diagnostic Devices market, which include GE HealthCare, Illumina, Inc., Novartis AG, F. Hoffmann-La Roche Ltd, Koninklijke Philips N.V, QIAGEN, Agilent Technologies, Inc., Abbott, Thermo Fisher Scientific Inc., BD among others.
Industry Development:
In May 2024, Foundation Medicine Inc. introduced FoundationOne RNA, a tissue-based RNA sequencing test designed to detect cancer-related fusions across 318 genes. This advanced diagnostic tool reports fusions in all solid tumors and is particularly valuable for identifying fusions in cancers such as non-small cell lung cancer (NSCLC), pancreatic cancer, cholangiocarcinoma, sarcoma, thyroid cancer, and bladder cancer. The launch underscores Foundation Medicine's commitment to precision oncology by providing critical insights to guide targeted treatment strategies.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Next Generation Cancer Diagnostic Devices market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Technology: Next-generation Sequencing, qPCR & Multiplexing, Lab-on-a-chip (LOAC), Protein Microarrays, DNA Microarrays.
By Cancer Type: Lung Cancer, Breast Cancer, Colorectal Cancer, Cervical Cancer, Others.
By Application: Biomarker Development, CTC Analysis, Proteomic Analysis, Epigenetic Analysis, Genetic Analysis.
By End User: Hospitals, Cancer Research Institutes, Diagnostic Centres.
Regional Break out:
The global Next Generation Cancer Diagnostic Devices Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Points Covered:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Next Generation Cancer Diagnostic Devices market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Next Generation Cancer Diagnostic Devices Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Next Generation Cancer Diagnostic Devices market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Next Generation Cancer Diagnostic Devices Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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