North America Blood Cancer Diagnostics Market Size & Outlook
The blood cancer diagnostics market in North America is expected to reach a projected revenue of US$ 5,640.2 million by 2030. A compound annual growth rate of 5.5% is expected of North America blood cancer diagnostics market from 2025 to 2030.
North America blood cancer diagnostics market highlights
The North America blood cancer diagnostics market generated a revenue of USD 4,083.3 million in 2024.
The market is expected to grow at a CAGR of 5.5% 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.
Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
Market revenue in 2024
USD 4,083.3 million
Market revenue in 2030
USD 5,640.2 million
Growth rate
5.5% (CAGR from 2025 to 2030)
Largest segment
Assay kits and reagents
Fastest growing segment
Assay Kits and Reagents
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Instruments, Assay Kits and Reagents
Other key industry trends
In terms of revenue, North America region accounted for 37.7% of the global blood cancer diagnostics market in 2024.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 4,265.2 million by 2030.
In North America, the blood cancer diagnostics market is driven by several factors, such as increasing prevalence of blood cancer, increasing R&D studies and trials, and technological advancements in diagnostic methods. Various diagnostic tools & techniques are available in the market, including liquid biopsy, Positron Emission Tomography (PET), Next-Generation Sequencing (NGS) testing solutions, and molecular testing.
For instance, Agilent Technologies licensed the blood cancer assay, PanHeme, developed by Roswell Park Cancer Center in North America. The market is further driven by ongoing government and institutional programs & initiatives in the region. For instance, in October 2023, an innovative program to slow the growth of Relapsed/Refractory Multiple Myeloma (RRMM) was launched by Florida Cancer Specialists & Research Institute, LLC (FCS).
The cutting-edge treatment, teclistamab (TECVAYLI), utilizes the body's immune system to combat cancer. By introducing this program, FCS became the first cancer care provider in Sarasota County to offer this treatment option, with plans to roll it out to additional FCS sites across Florida in the near future.
North America 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 72.26% in 2024.
Horizon Databook has segmented the North America blood cancer diagnostics market based on instruments, assay kits and reagents covering the revenue growth of each sub-segment from 2018 to 2030.
In North America, the blood cancer diagnostics market is driven by several factors, such as increasing prevalence of blood cancer, increasing R&D studies and trials, and technological advancements in diagnostic methods. Various diagnostic tools & techniques are available in the market, including liquid biopsy, Positron Emission Tomography (PET), Next-Generation Sequencing (NGS) testing solutions, and molecular testing.
For instance, Agilent Technologies licensed the blood cancer assay, PanHeme, developed by Roswell Park Cancer Center in North America. The market is further driven by ongoing government and institutional programs & initiatives in the region. For instance, in October 2023, an innovative program to slow the growth of Relapsed/Refractory Multiple Myeloma (RRMM) was launched by Florida Cancer Specialists & Research Institute, LLC (FCS).
The cutting-edge treatment, teclistamab (TECVAYLI), utilizes the body's immune system to combat cancer. By introducing this program, FCS became the first cancer care provider in Sarasota County to offer this treatment option, with plans to roll it out to additional FCS sites across Florida in the near future.
North America Blood Cancer Diagnostics Market Product Outlook (Revenue, USD Million , 2018-2030)
Instruments
Assay Kits and Reagents
North America Blood Cancer Diagnostics Market Test Outlook (Revenue, USD Million , 2018-2030)
Blood Tests
Imaging Tests
Biopsy
Molecular Test
North America 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 continent-level data and insights on the North America Blood Cancer Diagnostics Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Blood Cancer Diagnostics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Blood Cancer Diagnostics Market, 2018-2030 (US$M)