The global oncology based molecular diagnostics market size is expected to reach USD 6.35 billion by 2033, registering a CAGR of 5.5% from 2025 to 2033, according to a new report by Grand View Research, Inc. The rising geriatric population base, increasing global prevalence of cancer, rise in sedentary lifestyle adoption levels, and rising awareness & patient education are the driving forces for the oncology based molecular diagnostics market growth over the forecast period.
Growing prevalence of cancer patients owing to adoption of sedentary lifestyles and decrease in immunity levels are estimated to increase industrial growth rate. Furthermore, large variations in both cancer incidence and mortality rates in different sub-regions of developing countries such as Brazil, Mexico, South Africa, and India are also anticipated to enhance the usage of molecular diagnostics to increase survival rates by early detection and validation.
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The breast cancer segment led the market with the largest revenue share of 18.69% in 2024.
The reagents segment led the market with the largest revenue share by 58.61% in 2024, driven by their essential role in molecular diagnostic workflows across various cancer types.
The polymerase chain reaction (PCR) technology segment led the market with the largest revenue share of 38.65% in 2024, due to its established role in detecting cancer-specific genetic mutations with high sensitivity and speed.
North America dominated the oncology based molecular diagnostics market with the largest revenue share of 44.69% in 2024.
Grand View Research has segmented the global Oncology Based Molecular Diagnostics market on the basis of product, technology, type, and region:
Oncology Based Molecular Diagnostics Type Outlook (Revenue, USD Million; 2021 - 2033)
Breast Cancer
Prostate Cancer
Colorectal Cancer
Cervical Cancer
Liver Cancer
Lung Cancer
Blood Cancer
Kidney Cancer
Others
Oncology Based Molecular Diagnostics Product Outlook (Revenue, USD Million; 2021 - 2033)
Instruments
Reagents
Others
Oncology Based Molecular Diagnostics Technology Outlook (Revenue, USD Million; 2021 - 2033)
PCR
In situ hybridization
INAAT
Chips and microarrays
Mass spectrometry
Sequencing
TMA
Others
Oncology Based Molecular Diagnostics Regional Outlook (Revenue, USD Million, 2021 - 2033)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
Australia
South Korea
Thailand
Latin America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players of Oncology Based Molecular Diagnostics Market
Abbott
Bayer AG
BD
Cepheid
Agilent Technologies, Inc.
Danaher
Hologic, Inc.
Qiagen
F. Hoffmann-La Roche Ltd.
Siemens
Sysmex
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