Global Oncology Based Molecular Diagnostics Market Size & Outlook

The oncology based molecular diagnostics industry worldwide is expected to reach a projected revenue of US$ 6,004.5 million by 2030. A compound annual growth rate of 12.1% is expected of the worldwide oncology based molecular diagnostics industry from 2024 to 2030.

Revenue, 2023 (US$M)
$2,701.0
Forecast, 2030 (US$M)
$6,004.5
CAGR, 2024 - 2030
12.1%
Report Coverage
Worldwide

Global oncology based molecular diagnostics market highlights

  • The global oncology based molecular diagnostics market generated a revenue of USD 2,701.0 million in 2023 and is expected to reach USD 6,004.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 12.1% by 2030.
  • In terms of segment, instruments accounted for a revenue of USD 2,701.0 million in 2023.
  • Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 2,701.0 million
Market revenue in 2030USD 6,004.5 million
Growth rate12.1% (CAGR from 2023 to 2030)
Largest segmentInstruments
Fastest growing segmentInstruments
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments

Other key industry trends

  • In terms of revenue, the North America accounted for 43.9% of the global oncology based molecular diagnostics market in 2023.

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Oncology based Molecular Diagnostics Market Scope

Oncology based molecular diagnostics market segmentation & scope
Instruments
Reagents
Others
Technology
PCR
In Situ Hybridization
INAAT
Chips and microarrays
Mass spectrometry
Sequencing
TMA
Others
Countries
U.S.
Canada
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
Australia
South Korea
Thailand
Mexico
Brazil
South Africa
Saudi Arabia
UK
Argentina
UAE
Kuwait

Oncology based Molecular Diagnostics Market Companies

Name Profile # Employees HQ Website

Global oncology based molecular 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 oncology based molecular diagnostics market will help companies and investors design strategic landscapes.


Instruments was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global oncology based molecular diagnostics market based on instruments covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Oncology based Molecular Diagnostics Product Outlook (Revenue, USD Million, 2018-2030)
    • Instruments
    • Reagents
    • Others
  • Global Oncology based Molecular Diagnostics Technology Outlook (Revenue, USD Million, 2018-2030)
    • PCR
    • In Situ Hybridization
    • INAAT
    • Chips and microarrays
    • Mass spectrometry
    • Sequencing
    • TMA
    • Others

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Target buyers of Global oncology based molecular diagnostics market databook

  • Our clientele includes a mix of oncology based molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 global-level data and insights on the Global oncology based molecular diagnostics market , including forecasts for subscribers. This global databook contains high-level insights into Global oncology based molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global oncology based molecular diagnostics market size, by regions, 2018-2030 (US$M)

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