The lung
cancer diagnostics market encompasses tools, techniques, and
services for detecting lung cancer, including imaging, biopsy, molecular
diagnostics, and biomarker analysis. It is projected to grow at a
CAGR of 7% in the next five years. This growth is driven by rising lung cancer
incidence, advances in diagnostic technologies, increasing awareness for early
detection, and expanding accessibility to precision medicine. However, the
market faces challenges such as the high costs of advanced diagnostic tools and
limited access to healthcare in underdeveloped regions.
Lung cancer diagnostics involves various methods and
technologies to detect, confirm, and analyze lung cancer, enabling effective
treatment decisions. Imaging techniques such as X-rays, CT scans, and PET scans
are often the first step to identify tumours and assessing their spread. Tissue
biopsies, including bronchoscopy and needle biopsies, provide definitive
confirmation of cancer by analyzing cellular samples. Advances in molecular
diagnostics, like Next-Generation Sequencing (NGS) and liquid biopsy, allow for
detecting genetic mutations (e.g., EGFR, ALK, KRAS) critical for personalized
treatment approaches.
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Rising Focus on Early Detection of Lung Cancer
Early detection of lung cancer significantly improves
survival rates, as it allows for timely intervention and treatment before the
disease advances. Governments and healthcare organizations are increasingly
investing in screening programs, particularly for high-risk groups such as
smokers and individuals with a family history of cancer. The adoption of
low-dose CT (LDCT) as a screening tool has gained prominence, supported by
numerous clinical studies proving its efficacy in detecting lung cancer at an
earlier, more treatable stage. Public health campaigns emphasizing the benefits
of early screening, combined with the availability of reimbursement for
screening tests in developed economies, have further accelerated adoption. This
focus on early detection not only drives the market but also aligns with the
global shift toward preventative healthcare strategies aimed at reducing the
burden of late-stage cancer treatments.
Biomarker Testing in Lung Cancer Diagnostics
Biomarker testing has emerged as a groundbreaking
advancement in lung cancer diagnostics, enabling personalized and precise
treatment approaches. Molecular and genetic testing techniques, such as
next-generation sequencing (NGS) and liquid biopsy, allow clinicians to
identify specific mutations (e.g., EGFR, ALK, ROS1) and tailor therapies
accordingly. Liquid biopsies, in particular, are non-invasive and provide
real-time insights into tumour dynamics, enhancing their appeal for routine
monitoring. Additionally, advances in artificial intelligence (AI) are
transforming biomarker interpretation, improving diagnostic accuracy and speed.
The integration of AI with molecular diagnostics platforms facilitates
automated analysis of complex datasets, ensuring reliable and reproducible
results. These advancements not only boost diagnostic efficiency but also play
a critical role in advancing precision oncology, making biomarker testing a
cornerstone of lung cancer diagnostics.
Competitive Landscape Analysis
The global lung cancer diagnostics market is marked by the
presence of established and emerging market players such as F.
Hoffmann-La Roche Ltd; Thermo Fisher Scientific; Agilent
Technologies; Qiagen; Abbott; Bio-Rad Laboratories, Inc.; Neogenomics
Laboratories; Myriad Genetics, Inc.; and Illumina
Inc. among others. Some of the key strategies adopted by market
players include new product development, strategic partnerships and
collaborations, and geographic expansion.
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Market Segmentation
This report by Medi-Tech Insights provides the size of
the global lung cancer diagnostics market at the regional- and
country-level from 2023 to 2030. The report further segments the market based
on cancer type, test type and end-user.
- Market
Size & Forecast (2023-2030), By Cancer Type, USD Million
- Non-small
Cell Lung Cancer
- Small
Cell Lung Cancer
- Market
Size & Forecast (2023-2030), By Test Type, USD Million
- CA
Test
- HER2
Test
- ALK
Test
- Angiogenesis
Inhibitors
- EGFR
Mutation Test
- KRAS
Mutation Test
- Market
Size & Forecast (2023-2030), By End-user, USD Million
- Hospitals
- Diagnostic
Centers
- Others
- Market
Size & Forecast (2023-2030), By Region, USD Million
- North
America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- Rest
of Europe
- Asia
Pacific
- China
- India
- Japan
- Rest
of Asia Pacific
- Latin
America
- Middle
East & Africa
About Medi-Tech Insights
Medi-Tech Insights is a healthcare-focused business research
& insights firm. Our clients include Fortune 500 companies, blue-chip
investors & hyper-growth start-ups. We have completed 100+ projects in
Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma
Services in the areas of market assessments, due diligence, competitive
intelligence, market sizing and forecasting, pricing analysis &
go-to-market strategy. Our methodology includes rigorous secondary research combined
with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply
side decision-makers.
Contact:
Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
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