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A new report covers Cancer diagnostics market outlook providing historical facts, current status and future development trends information along with data on leading players and regions.
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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. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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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. Request for Customization @ https://www.gminsights.com/roc/2406 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Cancer Diagnostics Market @ https://www.gminsights.com/industry-analysis/cancer-diagnostics-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/2406 Request for customization: https://www.gminsights.com/roc/2406 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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