Germany Oncology Companion Diagnostic Market Size & Outlook
- Clinical Diagnostics
- In Vitro Diagnostics
- oncology companion diagnostics market
- In Vitro Diagnostics
Global Market
Related Markets
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Germany oncology companion diagnostic market highlights
- The Germany oncology companion diagnostic market generated a revenue of USD 269.6 million in 2023 and is expected to reach USD 497.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Service is the most lucrative product & service segment registering the fastest growth during the forecast period.
Oncology companion diagnostic market data book summary
| Market revenue in 2023 | USD 269.6 million |
| Market revenue in 2030 | USD 497.9 million |
| Growth rate | 9.2% (CAGR from 2024 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Service |
| Key market players worldwide | Agilent Technologies Inc, Illumina Inc, Qiagen NV, Thermo Fisher Scientific Inc, ARUP Laboratories, Abbott Laboratories, Myriad Genetics Inc, BioMerieux SA, Roche Holding AG ADR |
Other key industry trends
- In terms of revenue, Germany accounted for 5.6% of the global oncology companion diagnostic market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany oncology companion diagnostic market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 497.9 million by 2030.
Cancer poses a significant health burden in Germany, with increasing incidence and mortality rates. The rising incidence of cancer disease is anticipated to boost demand for CDx products over the forecast period. The Robert Koch Institute is a Federal Institute, in 2020, approximately 231,400 women and 261,800 men in Germany received new cancer diagnoses.
Similar to trends observed in cancer registries across Europe and North America, the number of new cancer cases recorded in German registries decreased by around 6% in the first year of the pandemic compared to the previous year. Thus, R&D of new CDx tests for early detection of disease helps in reducing disease burden and drives market growth over the forecast period.
Moreover, supportive regulatory and reimbursement policies for CDx is expected to boost its adoption during the forecast period. In August 2022, the National Association of Statutory Health Insurance Physicians (KBV) announced that two new in-vitro lung and colon cancer diagnostic services will be reimbursed under the German Uniform Evaluation Standard (EBM).
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Publish Date: Jan 17, 2025
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Oncology Companion Diagnostics Market
Oncology Companion Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Roche Holding AG ADR | View profile | 103,605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | www.roche.com |
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| BioMerieux SA | View profile | 13,982 | Marcy l’Etoile, Lyon, France, 69280 | www.biomerieux.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Agilent Technologies Inc | View profile | 17,700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | www.agilent.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Myriad Genetics Inc | View profile | 2,700 | 320 Wakara Way, Salt Lake City, UT, United States, 84108 | www.myriad.com |
| ARUP Laboratories | View profile | 1001-5000 | Salt Lake City, Utah, United States, North America | www.aruplab.com |
Germany oncology companion diagnostics market
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 Companion Diagnostic Market Outlook will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 66.51% in 2023.
Horizon Databook has segmented the Germany oncology companion diagnostic market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
Cancer poses a significant health burden in Germany, with increasing incidence and mortality rates. The rising incidence of cancer disease is anticipated to boost demand for CDx products over the forecast period. The Robert Koch Institute is a Federal Institute, in 2020, approximately 231,400 women and 261,800 men in Germany received new cancer diagnoses.
Similar to trends observed in cancer registries across Europe and North America, the number of new cancer cases recorded in German registries decreased by around 6% in the first year of the pandemic compared to the previous year. Thus, R&D of new CDx tests for early detection of disease helps in reducing disease burden and drives market growth over the forecast period.
Moreover, supportive regulatory and reimbursement policies for CDx is expected to boost its adoption during the forecast period. In August 2022, the National Association of Statutory Health Insurance Physicians (KBV) announced that two new in-vitro lung and colon cancer diagnostic services will be reimbursed under the German Uniform Evaluation Standard (EBM).
- Germany Oncology Companion Diagnostic Market Product & Service Outlook (Revenue, USD Million , 2018-2030)
- Product
- Service
- Germany Oncology Companion Diagnostic Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Hospital
- Pathology/Diagnostic laboratory
- Academic medical center
- Germany Oncology Companion Diagnostic Market Disease Type Outlook (Revenue, USD Million , 2018-2030)
- Breast cancer
- Non-small cell lung cancer
- Colorectal cancer
- Leukemia
- Melanoma
- Prostate cancer
- Others
- Germany Oncology Companion Diagnostic Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Polymerase chain reaction (PCR)
- Next-generation sequencing (NGS)
- Immunohistochemistry (IHC)
- In situ hybridization (ISH)/Fluorescence in situ hybridization (FISH)
- Other technologies
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany oncology companion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Germany oncology companion diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Germany Oncology Companion Diagnostic Market, 2018-2030 (US$M)
Germany oncology companion diagnostics market statistics, by product & service, 2018-2030 (US$M)
