Canada Blood Cancer Diagnostics Market Size & Outlook
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Canada blood cancer diagnostics market highlights
- The Canada blood cancer diagnostics market generated a revenue of USD 545.4 million in 2024 and is expected to reach USD 769.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
- In terms of segment, assay kits and reagents was the largest revenue generating product in 2024.
- Assay Kits and Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Blood cancer diagnostics market data book summary
| Market revenue in 2024 | USD 545.4 million |
| Market revenue in 2030 | USD 769.6 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Assay kits and reagents |
| Fastest growing segment | Assay Kits and Reagents |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Assay Kits and Reagents |
Other key industry trends
- In terms of revenue, Canada accounted for 5.0% of the global blood cancer diagnostics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. blood cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 769.6 million by 2030.
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Blood Cancer Diagnostics Market Scope
Blood Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SkylineDx | View profile | 11-50 | Rotterdam, Zuid-Holland, The Netherlands, Europe | http://www.skylinedx.com/ |
| Invivoscribe, Inc. | View profile | 251-500 | San Diego, California, United States, North America | https://www.invivoscribe.com |
| Abbott | View profile | - | - | - |
| QIAGEN | View profile | - | - | - |
| Danaher Corporation | View profile | - | - | - |
| Adaptive Biotechnologies | View profile | 501-1000 | Seattle, Washington, United States, North America | http://adaptivebiotech.com |
| Sophia Genetics SA | View profile | 449 | La Pièce 12, Rolle, Switzerland, CH-1180 | https://www.sophiagenetics.com |
| Bio-Techne Corp | View profile | 3050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | https://www.bio-techne.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Quest Diagnostics Inc | View profile | 48000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | https://www.questdiagnostics.com |
Canada blood cancer diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood cancer diagnostics market will help companies and investors design strategic landscapes.
Assay kits and reagents was the largest segment with a revenue share of 71.98% in 2024. Horizon Databook has segmented the Canada blood cancer diagnostics market based on instruments, assay kits and reagents covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of blood cancer in Canada has been steadily increasing over the past three decades. It was estimated that 6,000 new cases of leukemia would be diagnosed in Canada every year, and an estimated 4,000 new cases of myeloma would be diagnosed in the year 2022. To address this growing concern, initiatives such as Myeloma Canada are helping people discover the resources to understand treatment options, tests, and procedures.
The blood cancer diagnostics market in Canada is highly competitive, with several major players vying for market share. Some key companies in this space are Abbott Laboratories, Siemens Healthineers, Sysmex Corporation, and Bio-Rad Laboratories.
These companies offer a wide range of diagnostic tests & instruments for various types of blood cancers, such as leukemia, lymphoma, and multiple myeloma. The competition within the market is high, with companies focused on developing innovative and accurate diagnostic solutions to gain a competitive edge.
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Target buyers of Canada blood cancer diagnostics market databook
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Our clientele includes a mix of blood cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada blood cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Canada blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada blood cancer diagnostics market size, by test, 2018-2030 (US$M)
Canada Blood Cancer Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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