Quick Overview of Cancer Profiling Market
As indicated in the most recent market research report published by MarkNtel Advisors on ‘Cancer Profiling Market’ the report offers a detailed evaluation of the market, featuring insights into the industry. It encompasses regional and competitor analysis, as well as recent advancements in the industry.
Cancer Profiling Industry Size & Future Growth Potential
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 major factors responsible for the market growth include; the rising prevalence of cancer, increasing research on cancer therapies, and the launch of improved technologies for tumor profiling among others.
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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.
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A Detailed Evaluation of Cancer Profiling Industry Segmentation
An in-depth evaluation of a market offers accurate data for a particular industry to help the analyst make smart strategic investment choices. Forecasts for the industry are included for the Global/Regional/National levels in the report. This market study analyzes market trends for the year 2024-2030 for each market category.
By Type of Cancer
- Breast Cancer - Market Size & Forecast 2019-2030, USD Million
- Colorectal Cancer - Market Size & Forecast 2019-2030, USD Million
- Gynecological Cancer - Market Size & Forecast 2019-2030, USD Million
- Leukemia - Market Size & Forecast 2019-2030, USD Million
- Prostate Cancer - Market Size & Forecast 2019-2030, USD Million
- Lung Cancer - Market Size & Forecast 2019-2030, USD Million
- Others (Pancreatic Cancer, Skin Cancer, etc.) - Market Size & Forecast 2019-2030, USD Million
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 Application
- Oncology Research - Market Size & Forecast 2019-2030, USD Million
- Precision Medicine - Market Size & Forecast 2019-2030, USD Million
- Clinical Diagnostics - Market Size & Forecast 2019-2030, USD Million
- Others (Prognosis, Monitoring and Recurrence Detection, etc.) - 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
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
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A detailed Analysis of Prominent Companies in the Cancer Profiling Market as per MarkNel Advisors
The latest report by MarkNtel Advisors states that the top leading players of the Cancer Profiling Market are:
NeoGenomics Laboratories, Eurofins Genomics GmbH, F. 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
Some Key Highlights of the Market Discussed in this Report
- Historical performance of the industry
- Future market projections
- Market Insights & Growth Drivers
- SWOT Analysis (Strength, Opportunities, Weaknesses, & Threats)
A Few Questions Answered in the Cancer Profiling Market Analysis Report
- What should be the entry strategies, economic impact mitigation strategies, and marketing channels for the Cancer Profiling Industry?
- What is the value of the Cancer Profiling Market? In 2030, how much will be the worth of the industry?
- What are the general market trends/opportunities for Cancer Profiling Industry? Will the market demand rise or decline in the forecasted period?
- What is the estimated demand for several product categories? What are the expected and industrial uses?
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