Rising incidences of cancer owing to unhealthy food habits and sedentary lifestyle coupled with the growing technological advancements has resulted in the growth of global cancer diagnostics market

Date: 15 July 2016

According to Azoth Analytics research report, “Global Cancer Diagnostics Market: Trends, Opportunities and Forecasts (2016-2021) - (By Type: Imaging Tests, Endoscopy, Biopsy, Tumor Marker; By Imaging Tests Sub-Type: MRI, Ultrasound, PET-CT Scan, Mammography; By Region: North America, Latin America, APAC, Europe, MEA)”, Global Cancer Diagnostics Market is projected to exhibit a CAGR of over ~8.8% during 2016 – 2021, driven by the increasing incidences of cancer globally. On the basis of market segment, the market has been segmented into four types, namely, imaging tests, endoscopy, biopsy and tumor markers.
Cancer diagnostics are used in the basic screening of cancer as well as detailed diagnosis to ascertain the presence of cancer. Multiple tools have been used in the identification of different types of cancer depending upon the symptoms of the patient.

From the market point of view, imaging tests remain the largest segment being driven by its cost effectiveness. However, with growing awareness among the population, early stage screening of cancer is rising, through tumor markers, using which the market for the same will achieve stronger growth.

Among the regions, APAC holds the major market due to growing middle class population combined with the rise in the per capita healthcare expenditure.

The report Global Cancer Diagnostics Market: Trends, Opportunities and Forecasts (2016-2021) - (By Type: Imaging Tests, Endoscopy, Biopsy, Tumor Marker; By Imaging Tests Sub-Type: MRI, Ultrasound, PET-CT Scan, Mammography; By Region: North America, Latin America, APAC, Europe, MEA) has analysed the potential of Global Cancer Diagnostics Market and provides statistics, information and analysis on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global cancer diagnostics market. Additionally, the report also highlights market entry strategies for various companies across the globe.
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