India Blood Cancer Diagnostics Market Size & Outlook
- Clinical Diagnostics
- Cancer Diagnostics
- Blood Cancer Diagnostics Market Outlook
- Cancer Diagnostics
Global Market
Related Markets
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India blood cancer diagnostics market highlights
- The India blood cancer diagnostics market generated a revenue of USD 554.2 million in 2024 and is expected to reach USD 925.4 million by 2030.
- The India market is expected to grow at a CAGR of 8.9% 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 554.2 million |
| Market revenue in 2030 | USD 925.4 million |
| Growth rate | 8.9% (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, India accounted for 5.1% 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 Asia Pacific, China blood cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,612.3 million by 2030.
According to various statistics, India stands as the third-highest country globally in terms of reported cases of blood cancer, following the U.S. and China. It is further estimated a person in India is diagnosed with blood cancer every 5 minutes, and an estimated 70,000 lives are lost annually due to this disease.
India’s biotech industry is encouraging further innovation and investment in the sector. As the country continues to work toward achieving self-reliance in healthcare. For instance, in October 2023, India's first CAR-T cell therapy, developed by ImmunoAct, received approval from the Central Drugs Standard Control Organization (CDSCO).
This is a significant milestone in the country's pursuit to develop innovative cancer treatments. CAR-T cell therapy is a type of immunotherapy that uses genetically modified T-cells to target and kill cancer cells. ImmunoAct's therapy is designed to treat B-cell acute lymphoblastic leukemia and non-Hodgkin lymphoma.
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Publish Date: Mar 21, 2025
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Blood Cancer Diagnostics Market Scope
Blood Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Quest Diagnostics Inc | View profile | 48,000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | www.questdiagnostics.com |
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Bio-Rad Laboratories Inc | View profile | 8,030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | www.bio-rad.com |
| Bio-Techne Corp | View profile | 3,050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | www.bio-techne.com |
| Sophia Genetics SA | View profile | 449 | La Pièce 12, Rolle, Switzerland, CH-1180 | www.sophiagenetics.com |
| Adaptive Biotechnologies | View profile | 501-1000 | Seattle, Washington, United States, North America | adaptivebiotech.com |
| Danaher Corporation | View profile | - | - | - |
| QIAGEN | View profile | - | - | - |
| Abbott | View profile | - | - | - |
| Invivoscribe, Inc. | View profile | 251-500 | San Diego, California, United States, North America | www.invivoscribe.com |
India 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 Outlook will help companies and investors design strategic landscapes.
Assay Kits And Reagents was the largest segment with a revenue share of 72.68% in 2024.
Horizon Databook has segmented the India blood cancer diagnostics market based on instruments, assay kits and reagents covering the revenue growth of each sub-segment from 2018 to 2030.
According to various statistics, India stands as the third-highest country globally in terms of reported cases of blood cancer, following the U.S. and China. It is further estimated a person in India is diagnosed with blood cancer every 5 minutes, and an estimated 70,000 lives are lost annually due to this disease.
India’s biotech industry is encouraging further innovation and investment in the sector. As the country continues to work toward achieving self-reliance in healthcare. For instance, in October 2023, India's first CAR-T cell therapy, developed by ImmunoAct, received approval from the Central Drugs Standard Control Organization (CDSCO).
This is a significant milestone in the country's pursuit to develop innovative cancer treatments. CAR-T cell therapy is a type of immunotherapy that uses genetically modified T-cells to target and kill cancer cells. ImmunoAct's therapy is designed to treat B-cell acute lymphoblastic leukemia and non-Hodgkin lymphoma.
- India Blood Cancer Diagnostics Market Product Outlook (Revenue, USD Million , 2018-2030)
- Instruments
- Assay Kits and Reagents
- India Blood Cancer Diagnostics Market Test Outlook (Revenue, USD Million , 2018-2030)
- Blood Tests
- Imaging Tests
- Biopsy
- Molecular Test
- India Blood Cancer Diagnostics Market Enduse Outlook (Revenue, USD Million , 2018-2030)
- Hospitals and Clinics
- Diagnostic Labs
- Research Institutes
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Horizon Databook provides a detailed overview of country-level data and insights on the India Blood Cancer Diagnostics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Blood Cancer Diagnostics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Blood Cancer Diagnostics Market, 2018-2030 (US$M)
India blood cancer diagnostics market statistics, by product, 2018-2030 (US$M)
