The global non-invasive cancer diagnostics market size is expected to reach USD 215.49 billion by 2029 from USD 152.21 billion in 2024, to grow at a CAGR of 7.2% from 2024 to 2029.
Cancer is a complicated medical disorder for which no effective remedy has yet been established. Non-invasive cancer diagnostics can be defined as a procedure for identifying cancer problems with little body incision. Cancer is a disease caused by a genetic change in the cells, resulting in uncontrolled growth and the formation of a tumor-like structure. Imaging is the preferred method of cancer detection, but it does not provide for genetic access; conversely, biopsies that allow for genetic access are complex and difficult to do repeatedly during cancer diagnosis and therapy. Because of the rise in the occurrence of chronic cancers such as breast cancer and lung cancer, non-invasive cancer diagnostics are becoming more important than traditional diagnosis.According to the World Health Organization and the World Cancer Survey, by 2020, there will be roughly 15 million new cancer cases each year, with breast, ovarian, and gastrointestinal cancers being the most common. Due to the traumatic experience and inefficiency of existing procedures, new non-invasive cancer diagnostics have gained appeal, with advanced approaches such as liquid biopsy outperforming previous restrictions and detecting rare cells and biomarkers such as CTCs, DNA/RNA (ctNAs), and exosomes. The market for non-invasive cancer diagnostics and technologies is dominated by breast cancer. Skin cancer, for particular, is the most frequent type of cancer and requires early diagnosis and treatment. Non-invasive imaging technologies help clinicians in diagnosing skin cancers and lowering patient morbidity and death. Breast, lung, blood, and other cancers are detected using non-invasive cancer diagnosis technologies.
An aging population, rising obesity, escalating demand for noninvasive cancer diagnostic technologies, expanding awareness among people about cancer and its treatment, and expanding research and development activities in cancer diagnostic and treatment technologies. Methods such as identifying genetic structure, biomarkers, and changes in molecular biology and imaging technology are used in non-invasive cancer diagnosis. During the forecast period, the increasing need for accurate and less invasive diagnostic increased healthcare spending drives the market growth.Rapid technological advancements and device innovation are expected to generate lucrative expansion opportunities. In the coming years, market growth is further predicted to be driven by increased government initiatives to improve healthcare diagnostic and technology. Furthermore, developing economies such as China and India, which are seeing an increase in medical tourism, helps the market expansion. People are more aware of the benefits of early cancer detection and treatment, which has increased the number of people getting a diagnosis.
The global non-invasive cancer diagnostics market is restrained by high treatment costs and strict regulatory rules. The non-invasive cancer diagnostics market in undeveloped and emerging nations is hesitant to adopt these high-cost devices, posing a challenge to the market. The development of an effective diagnostic with appropriate sensitivity and specificity for the early diagnosis of lung cancer, particularly the detection of circulating tumor DNA present in smaller amounts, poses considerable challenges.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
Segments Covered |
By Therapeutics, Techniques, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Precision Therapeutics, Laboratory Corporation of America Holdings (LabCorp), |
Based on therapeutics, the breast cancer segment had recorded the majority share in the recent past and predicted to continue the domination throughout the forecast period. Factors such as a rapid increase in the number of breast cancer cases worldwide and improving the healthcare sector are majorly promoting the segment.
Clinical chemistry is expected to hold a leading share in the global non-invasive cancer diagnostics market based on the techniques. The availability of successful clinical data for several cancer indications and other non-invasive diagnostic technologies propels the market growth. However, it is expected to replace the existing invasive diagnostic tools in the coming years.
Geographically, the North American market is estimated to be dominating the global non-invasive cancer diagnostic market during the forecast period due to the increasing healthcare expenditure and research & development activities, and Y-O-Y growth in the number of breast cancer cases.
The European market had accounted second-largest share in the global market in 2020 and is predicted to register a healthy growth rate during the forecast period due to increasing government initiatives towards efficient cancer diagnosis, availability of advanced technologies, and awareness in the people regarding a cancer diagnosis.
The Asia Pacific market is anticipated to witness the fastest growth rate during the forecast period. An increase in cancer patients' prevalence and raising awareness among the people about the minimal invasive equipment for the diagnosis will drive the market in this region.
Notable companies operating in the global non-invasive cancer diagnostics market profiled in the report are Precision Therapeutics, Laboratory Corporation of America Holdings (LabCorp), BIOVIEW Inc., Affymetrix Inc., AVIVA Biosciences Corporation, A&G Pharmaceutical, Quest Diagnostics Incorporated, Cancer Genetics Inc., Digene Corporation and Gen-Probe Incorporated.
Roche Diagnostics introduced the first in vitro diagnostic immunohistochemistry (IHC) assay in 2019 to improve lung cancer diagnosis.
In 2014, the U.S. The FDA approved the product for non-invasive colorectal cancer testing, which is one of the most common cancers seen in recent years.
This research report on the global non-invasive cancer diagnostics market has been segmented and sub-segmented into the following categories and analyzed market size and forecast until 2029.
By Therapeutics
By Techniques
By Region
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