Asia Pacific Companion Diagnostics Market Size & Outlook
Asia Pacific companion diagnostics market, 2018-2030 (US$M)
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Asia Pacific companion diagnostics market highlights
- The Asia Pacific companion diagnostics market generated a revenue of USD 1,673.9 million in 2024.
- The market is expected to grow at a CAGR of 14.2% from 2025 to 2030.
- In terms of segment, assays, kits, and reagents was the largest revenue generating product and services in 2024.
- Software and Services is the most lucrative product and services segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,673.9 million |
| Market revenue in 2030 | USD 3,539.2 million |
| Growth rate | 14.2% (CAGR from 2025 to 2030) |
| Largest segment | Assays, kits, and reagents |
| Fastest growing segment | Software and Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Assays, Kits, and Reagents, Instruments and Systems, Software and Services |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.5% of the global companion 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 3,539.2 million by 2030.
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Companion Diagnostics Market Scope
Companion Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific companion 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 companion diagnostics market will help companies and investors design strategic landscapes.
Assays, kits, and reagents was the largest segment with a revenue share of 64.41% in 2024. Horizon Databook has segmented the Asia Pacific companion diagnostics market based on assays, kits, and reagents, instruments and systems, software and services covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is set to record the fastest CAGR, propelled by healthcare reforms, infrastructure enhancements, and a large patient pool. The region’s high burden of chronic diseases, including cancer, underscores the need for effective diagnostic solutions.
According to Global Cancer Statistics 2022, nearly half of global cancer cases and over 56% of cancer deaths occurred in Asia. Governments and local firms are increasingly investing in precision diagnostics, driving the adoption of companion diagnostic technologies.
China’s market growth is supported by lifestyle changes, dietary shifts, and an aging population, while Japan’s focus on reducing cancer incidence through substantial government funding underlines the region’s strong growth potential.
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Target buyers of Asia Pacific companion diagnostics market databook
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Our clientele includes a mix of companion 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 continent-level data and insights on the Asia Pacific companion diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific companion diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific companion diagnostics market size, by country, 2018-2030 (US$M)
Asia Pacific Companion Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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