Global Precision Oncology Market Size & Outlook, 2025-2030
The global precision oncology market size was estimated at USD 115,797.3 million in 2024 and is projected to reach USD 201,957.7 million by 2030, growing at a CAGR of 9.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$115,797.3
Forecast, 2030 (US$M)
$201,957.7
CAGR, 2025 - 2030
9.7%
Report Coverage
Worldwide
Global precision oncology market, 2018-2030 (US$M)
Related Markets
Global precision oncology market highlights
- The global precision oncology market generated a revenue of USD 115,797.3 million in 2024 and is expected to reach USD 201,957.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.7% by 2030.
- In terms of segment, therapeutics accounted for a revenue of USD 90,314.8 million in 2024.
- Diagnostics 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 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 115,797.3 million |
| Market revenue in 2030 | USD 201,957.7 million |
| Growth rate | 9.7% (CAGR from 2025 to 2030) |
| Largest segment | Therapeutics |
| Fastest growing segment | Diagnostics |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
Other key industry trends
- In terms of revenue, the North America accounted for 44.0% of the global precision oncology market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 8,900.9 million by 2030.
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Precision Oncology Market Scope
Precision oncology market segmentation & scope
Precision Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Acrivon Therapeutics | View profile | 51-100 | Cambridge, Massachusetts, United States, North America | http://www.acrivon.com/ |
| Relay Therapeutics | View profile | 251-500 | Cambridge, Massachusetts, United States, North America | http://relaytx.com/ |
| BioServe | View profile | 51-100 | Beltsville, Maryland, United States, North America | https://bioserve.com |
| Variantyx | View profile | 101-250 | Framingham, Massachusetts, United States, North America | https://www.variantyx.com |
| Xilis | View profile | 51-100 | Durham, North Carolina, United States, North America | http://www.xilis.net |
| Strata Oncology | View profile | 51-100 | Ann Arbor, Michigan, United States, North America | http://www.strataoncology.com/ |
| Rain Oncology | View profile | 101-250 | Newark, California, United States, North America | https://www.rainoncology.com |
| Invitae Corp | View profile | 1700 | 1400 16th Street, San Francisco, CA, United States, 94103 | https://www.invitae.com |
| Exact Sciences Corp | View profile | 6600 | 5505 Endeavor Lane, Madison, WI, United States, 53719 | https://www.exactsciences.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Global precision oncology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Precision oncology market size, 2024 (US$M)
Global precision oncology market share, by product, 2024 & 2030 (%, US$M)
Precision oncology market: Opportunity assessment by country
Global precision oncology market, by region, 2024 (US$M)
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