South Africa Multi Cancer Early Detection Market Size & Outlook
- Clinical Diagnostics
- Cancer Diagnostics
- Multi Cancer Early Detection Market Outlook
- Cancer Diagnostics
Global Market
Related Markets
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South Africa multi cancer early detection market highlights
- The South Africa multi cancer early detection market generated a revenue of USD 5.2 million in 2024 and is expected to reach USD 10.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 12.5% from 2025 to 2030.
- In terms of segment, gene panel, ldt & others was the largest revenue generating type in 2024.
- Liquid Biopsy is the most lucrative type segment registering the fastest growth during the forecast period.
Multi cancer early detection market data book summary
| Market revenue in 2024 | USD 5.2 million |
| Market revenue in 2030 | USD 10.5 million |
| Growth rate | 12.5% (CAGR from 2025 to 2030) |
| Largest segment | Gene panel, ldt & others |
| Fastest growing segment | Liquid Biopsy |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid Biopsy, Gene Panel, LDT & Others |
| Key market players worldwide | Illumina Inc, Exact Sciences Corp, Foundation Medicine, Guardant Health Inc, Burning Rock Biotech Ltd ADR, Freenome, AnchorDx, GeneCast, Elypta |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global multi cancer early detection market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia multi cancer early detection market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.5 million by 2030.
The South Africa MCED market is competitive owing to the local presence of multiple global players and domestic manufacturers. Some of the leading liquid biopsy providers in the country are Path Care, Axaitech, QIAGEN, and Guardant Health.
Moreover, the increasing demand for noninvasive diagnostic procedures owing to numerous advantages offered by them is another factor propelling market growth. In addition, the presence of a large number of profit and nonprofit organizations that promote awareness about cancer screening and diagnosis is expected to further support market expansion.
For instance, The Cancer Association of South Africa encourages women and men to undergo routine health checkups & cancer screening. Moreover, certain initiatives undertaken by leading participants are anticipated to fuel market expansion.
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Publish Date: Feb 19, 2025
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Multi Cancer Early Detection Market Scope
Multi Cancer Early Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Guardant Health Inc | View profile | 1,779 | 3100 Hanover Street, Palo Alto, CA, United States, 94304 | www.guardanthealth.com |
| Exact Sciences Corp | View profile | 6,600 | 5505 Endeavor Lane, Madison, WI, United States, 53719 | www.exactsciences.com |
| Freenome | View profile | 501-1000 | South San Francisco, California, United States, North America | www.freenome.com |
| Foundation Medicine | View profile | 251-500 | Cambridge, Massachusetts, United States, North America | www.foundationmedicine.com |
| Burning Rock Biotech Ltd ADR | View profile | 786 | No. 5, Xingdao Ring Road North, International Bio Island, Guangzhou, China, People's Republic of, 510005 | www.brbiotech.com |
| AnchorDx | View profile | 51-100 | Guangzhou, Guangdong, China, Asia | www.anchordx.com/ |
| GeneCast | View profile | 1-10 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | genecast.co.kr |
| Elypta | View profile | 11-50 | Stockholm, Stockholms Lan, Sweden, Europe | www.elypta.com/ |
South Africa Multi Cancer Early Detection 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 Multi Cancer Early Detection Market Outlook will help companies and investors design strategic landscapes.
Gene Panel, Ldt & Others was the largest segment with a revenue share of 103.85% in 2024.
Horizon Databook has segmented the South Africa multi cancer early detection market based on liquid biopsy, gene panel, ldt & others covering the revenue growth of each sub-segment from 2018 to 2030.
The South Africa MCED market is competitive owing to the local presence of multiple global players and domestic manufacturers. Some of the leading liquid biopsy providers in the country are Path Care, Axaitech, QIAGEN, and Guardant Health.
Moreover, the increasing demand for noninvasive diagnostic procedures owing to numerous advantages offered by them is another factor propelling market growth. In addition, the presence of a large number of profit and nonprofit organizations that promote awareness about cancer screening and diagnosis is expected to further support market expansion.
For instance, The Cancer Association of South Africa encourages women and men to undergo routine health checkups & cancer screening. Moreover, certain initiatives undertaken by leading participants are anticipated to fuel market expansion.
- South Africa Multi Cancer Early Detection Market Type Outlook (Revenue, USD Million , 2018-2030)
- Liquid Biopsy
- Gene Panel, LDT & Others
- South Africa Multi Cancer Early Detection Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Hospitals
- Diagnostic Laboratories
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Multi Cancer Early Detection Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Multi Cancer Early Detection Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Multi Cancer Early Detection Market, 2018-2030 (US$M)
South Africa multi cancer early detection market statistics, by type, 2018-2030 (US$M)
