Italy Oncology Companion Diagnostic Market Size & Outlook
- Clinical Diagnostics
- In Vitro Diagnostics
- oncology companion diagnostics market
- In Vitro Diagnostics
Global Market
Related Markets
Ask a question about the oncology companion diagnostics market
Italy oncology companion diagnostic market highlights
- The Italy oncology companion diagnostic market generated a revenue of USD 165.6 million in 2023 and is expected to reach USD 261.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.7% 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 165.6 million |
| Market revenue in 2030 | USD 261.0 million |
| Growth rate | 6.7% (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, Italy accounted for 3.5% 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.
The Italy companion diagnostic market is highly competitive, featuring prominent global and regional players, such as Agilent Technologies, Roche, Illumina, QIAGEN, Foundation Medicine, and AstraZeneca. These companies are at the forefront of developing and commercializing advanced diagnostic solutions for oncology, fueled by increased R&D investments and a growing cancer burden, indicating a similar potential for the oncology companion diagnostic market in Spain.
Enhanced diagnostic capabilities and government support will likely accelerate the adoption of cutting-edge diagnostic tools in Italy, improving patient care and expanding market opportunities. In December 2022, the National Recovery and Resilience Plan (PNRR) funded the HEAL ITALIA initiative to advance knowledge, research, and innovative technologies, transforming the National Health System into a leader in Precision Medicine.
Spearheaded by the University of Bologna, one of eight operational units would focus on leveraging large-scale data to enhance precision medicine in diagnostics and therapeutics. This initiative was part of Mission 4 Component 2, “From Research to Business,” which seeks to invest in innovation hubs to bolster national research capabilities and integrate them into European and global strategic value chains.
No credit card required*
Publish Date: Jan 17, 2025
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Italy 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 66.49% in 2023.
Horizon Databook has segmented the Italy oncology companion diagnostic market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
The Italy companion diagnostic market is highly competitive, featuring prominent global and regional players, such as Agilent Technologies, Roche, Illumina, QIAGEN, Foundation Medicine, and AstraZeneca. These companies are at the forefront of developing and commercializing advanced diagnostic solutions for oncology, fueled by increased R&D investments and a growing cancer burden, indicating a similar potential for the oncology companion diagnostic market in Spain.
Enhanced diagnostic capabilities and government support will likely accelerate the adoption of cutting-edge diagnostic tools in Italy, improving patient care and expanding market opportunities. In December 2022, the National Recovery and Resilience Plan (PNRR) funded the HEAL ITALIA initiative to advance knowledge, research, and innovative technologies, transforming the National Health System into a leader in Precision Medicine.
Spearheaded by the University of Bologna, one of eight operational units would focus on leveraging large-scale data to enhance precision medicine in diagnostics and therapeutics. This initiative was part of Mission 4 Component 2, “From Research to Business,” which seeks to invest in innovation hubs to bolster national research capabilities and integrate them into European and global strategic value chains.
- Italy Oncology Companion Diagnostic Market Product & Service Outlook (Revenue, USD Million , 2018-2030)
- Product
- Service
- Italy Oncology Companion Diagnostic Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Hospital
- Pathology/Diagnostic laboratory
- Academic medical center
- Italy 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
- Italy 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
Reasons to subscribe to oncology companion diagnostics market databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of oncology companion diagnostics market databook
- Our clientele includes a mix of oncology companion 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 country-level data and insights on the Italy oncology companion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Italy oncology companion diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Italy Oncology Companion Diagnostic Market, 2018-2030 (US$M)
Italy oncology companion diagnostics market statistics, by product & service, 2018-2030 (US$M)
