The global cancer biomarkers market was valued at USD 15.68 billion in 2023 and it is predicted to surpass around USD 61.37 billion by 2033 with a CAGR of 14.62% from 2024 to 2033.
The growth of the cancer biomarkers market is underpinned by a multitude of factors driving its expansion. Firstly, the escalating global burden of cancer, coupled with the imperative for early detection and personalized treatment strategies, fuels the demand for innovative biomarker-based solutions. Additionally, advancements in omics technologies, such as genomics, proteomics, and metabolomics, empower researchers to identify novel biomarkers with enhanced specificity and sensitivity. Moreover, the burgeoning interest in precision medicine, characterized by tailored therapeutic interventions based on individual patient profiles, amplifies the relevance of biomarker-driven approaches in clinical practice. Furthermore, strategic collaborations between industry players, academic institutions, and regulatory agencies facilitate the translation of biomarker discoveries into clinically actionable tools. Lastly, the advent of digital health technologies, including artificial intelligence and machine learning, streamlines biomarker discovery processes and enhances diagnostic accuracy, further propelling market growth.
In 2023, the breast cancer segment asserted its dominance in the cancer biomarkers market. As reported by the World Health Organization (WHO), breast cancer afflicted 2.3 million women globally in 2020, resulting in 685,000 fatalities. By the end of 2020, breast cancer had been diagnosed in 7.8 million women over the preceding five years, solidifying its status as the most prevalent cancer worldwide. Consequently, the increasing incidence of breast cancer is a key driver propelling the growth of this segment.
Meanwhile, the lung cancer segment emerged as the fastest-growing segment within the cancer biomarkers market in 2023. Lung cancer predominantly affects the elderly population, with the majority of diagnoses occurring in individuals aged 65 and above. Only a small fraction of those diagnosed are under 45 years old, and the average age at diagnosis typically hovers around 70 years. Thus, the expanding geriatric population stands as a significant factor fueling the growth of this segment.
In 2023, the diagnostics segment emerged as the dominant force in the cancer biomarkers market. This dominance is fueled by several factors, including the increasing development of cancer biomarkers through oncology tests boasting high efficiency and effectiveness, as well as growing government initiatives. These elements collectively contribute to the segment's growth trajectory during the forecast period.
The personalized medicine segment stands out as the fastest-growing segment in the forecast period. This growth is propelled by rising awareness among healthcare practitioners regarding cancer biomarkers and the surging demand for personalized medicines. Moreover, the ease of obtaining approvals for diagnostic tests nowadays is a significant factor propelling the growth of this segment, further amplifying the demand for cancer biomarkers.
In 2023, the genetic biomarkers segment emerged as the dominant force in the cancer biomarkers market. These biomarkers are widely utilized due to their high efficiency and effectiveness, making them indispensable for the diagnosis and treatment of cancer. Consequently, the extensive usage and efficacy of genetic biomarkers are key drivers propelling the growth of this segment.
The epigenetics segment stands out as the fastest-growing segment over the forecast period. This growth is fueled by increasing research efforts aimed at developing novel biomarkers within the field of epigenetics. Additionally, collaborations between market players and pharmaceutical firms are further bolstering the growth of this segment, contributing to its rapid expansion.
In 2023, North America emerged as the leading force in the cancer biomarkers market. Within the North American region, the United States held sway over the market, boasting a substantial share. This dominance is attributed to the presence of a plethora of market players dedicated to the cancer biomarkers sector. Moreover, the U.S. government's substantial investments in research and development endeavors aimed at fostering novel product development contribute significantly to the region's dominance. Additionally, the adoption of innovative and advanced technologies further propels the growth of the cancer biomarkers market in North America.
Asia-Pacific is poised to exhibit the most rapid growth during the forecast period. The expansion of the cancer biomarkers market in the Asia-Pacific region is fueled by the escalating prevalence of cancer, driving the demand for effective diagnostic and treatment solutions. Furthermore, continuous government funding for development activities aimed at introducing new products augments the region's growth trajectory. Additionally, the increasing awareness regarding cancer biomarkers among healthcare professionals and the general populace contributes to the market's growth in the Asia-Pacific region.
By Type
By Biomolecule
By Application
By Profiling Technology
By End User
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Cancer Biomarkers Market
5.1. COVID-19 Landscape: Cancer Biomarkers Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Cancer Biomarkers Market, By Type
8.1. Cancer Biomarkers Market, by Type, 2024-2033
8.1.1. Breast Cancer
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Prostate Cancer
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Colorectal Cancer
8.1.3.1. Market Revenue and Forecast (2021-2033)
8.1.4. Cervical Cancer
8.1.4.1. Market Revenue and Forecast (2021-2033)
8.1.5. Liver Cancer
8.1.5.1. Market Revenue and Forecast (2021-2033)
8.1.6. Lung Cancer
8.1.6.1. Market Revenue and Forecast (2021-2033)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Cancer Biomarkers Market, By Biomolecule
9.1. Cancer Biomarkers Market, by Biomolecule, 2024-2033
9.1.1. Genetic Biomarkers
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. Epigenetic Biomarkers
9.1.2.1. Market Revenue and Forecast (2021-2033)
9.1.3. Metabolic Biomarkers
9.1.3.1. Market Revenue and Forecast (2021-2033)
9.1.4. Proteomic Biomarkers
9.1.4.1. Market Revenue and Forecast (2021-2033)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global Cancer Biomarkers Market, By Application
10.1. Cancer Biomarkers Market, by Application, 2024-2033
10.1.1. Drug Discovery and Development
10.1.1.1. Market Revenue and Forecast (2021-2033)
10.1.2. Diagnostics
10.1.2.1. Market Revenue and Forecast (2021-2033)
10.1.3. Personalized Medicine
10.1.3.1. Market Revenue and Forecast (2021-2033)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2021-2033)
Chapter 11. Global Cancer Biomarkers Market, By Profiling Technology
11.1. Cancer Biomarkers Market, by Profiling Technology, 2024-2033
11.1.1. Omic Technologies
11.1.1.1. Market Revenue and Forecast (2021-2033)
11.1.2. Imaging Technologies
11.1.2.1. Market Revenue and Forecast (2021-2033)
11.1.3. Immunoassays
11.1.3.1. Market Revenue and Forecast (2021-2033)
11.1.4. Cytogenetics-based Tests
11.1.4.1. Market Revenue and Forecast (2021-2033)
Chapter 12. Global Cancer Biomarkers Market, By End User
12.1. Cancer Biomarkers Market, by End User, 2024-2033
12.1.1. Hospitals
12.1.1.1. Market Revenue and Forecast (2021-2033)
12.1.2. Academic and Cancer Research Institutes
12.1.2.1. Market Revenue and Forecast (2021-2033)
12.1.3. Ambulatory Surgical Centres
12.1.3.1. Market Revenue and Forecast (2021-2033)
12.1.4. Diagnostic Laboratories
12.1.4.1. Market Revenue and Forecast (2021-2033)
Chapter 13. Global Cancer Biomarkers Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Type (2021-2033)
13.1.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.1.3. Market Revenue and Forecast, by Application (2021-2033)
13.1.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.1.5. Market Revenue and Forecast, by End User (2021-2033)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Type (2021-2033)
13.1.6.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.1.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.1.6.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.1.7. Market Revenue and Forecast, by End User (2021-2033)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Type (2021-2033)
13.1.8.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.1.8.3. Market Revenue and Forecast, by Application (2021-2033)
13.1.8.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.1.8.5. Market Revenue and Forecast, by End User (2021-2033)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Type (2021-2033)
13.2.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.2.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.2.5. Market Revenue and Forecast, by End User (2021-2033)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Type (2021-2033)
13.2.6.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.2.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.7. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.2.8. Market Revenue and Forecast, by End User (2021-2033)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Type (2021-2033)
13.2.9.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.2.9.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.10. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.2.11. Market Revenue and Forecast, by End User (2021-2033)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Type (2021-2033)
13.2.12.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.2.12.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.12.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.2.13. Market Revenue and Forecast, by End User (2021-2033)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Type (2021-2033)
13.2.14.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.2.14.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.14.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.2.15. Market Revenue and Forecast, by End User (2021-2033)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Type (2021-2033)
13.3.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.3.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.3.5. Market Revenue and Forecast, by End User (2021-2033)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Type (2021-2033)
13.3.6.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.3.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.6.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.3.7. Market Revenue and Forecast, by End User (2021-2033)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Type (2021-2033)
13.3.8.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.3.8.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.8.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.3.9. Market Revenue and Forecast, by End User (2021-2033)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Type (2021-2033)
13.3.10.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.3.10.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.10.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.3.10.5. Market Revenue and Forecast, by End User (2021-2033)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Type (2021-2033)
13.3.11.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.3.11.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.11.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.3.11.5. Market Revenue and Forecast, by End User (2021-2033)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Type (2021-2033)
13.4.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.4.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.4.5. Market Revenue and Forecast, by End User (2021-2033)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Type (2021-2033)
13.4.6.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.4.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.6.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.4.7. Market Revenue and Forecast, by End User (2021-2033)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Type (2021-2033)
13.4.8.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.4.8.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.8.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.4.9. Market Revenue and Forecast, by End User (2021-2033)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Type (2021-2033)
13.4.10.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.4.10.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.10.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.4.10.5. Market Revenue and Forecast, by End User (2021-2033)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Type (2021-2033)
13.4.11.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.4.11.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.11.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.4.11.5. Market Revenue and Forecast, by End User (2021-2033)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Type (2021-2033)
13.5.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.5.3. Market Revenue and Forecast, by Application (2021-2033)
13.5.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.5.5. Market Revenue and Forecast, by End User (2021-2033)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Type (2021-2033)
13.5.6.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.5.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.5.6.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.5.7. Market Revenue and Forecast, by End User (2021-2033)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Type (2021-2033)
13.5.8.2. Market Revenue and Forecast, by Biomolecule (2021-2033)
13.5.8.3. Market Revenue and Forecast, by Application (2021-2033)
13.5.8.4. Market Revenue and Forecast, by Profiling Technology (2021-2033)
13.5.8.5. Market Revenue and Forecast, by End User (2021-2033)
Chapter 14. Company Profiles
14.1. F. Hoffmann-La Roche Ltd.
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Thermo Fisher Scientific Inc.
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. QIAGEN N.V.
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Illumina Inc.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Bio-Rad Laboratories Inc.
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Abbott Laboratories
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Exact Sciences
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Meso Scale Diagnostics LLC
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Seegene Technologies Inc.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Siemens Healthineers
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms