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Global Solid Tumor Testing Market

Focus on Technology, Cancer Type, Application, End User, and Competitive Landscape - Analysis and Forecast, 2019-2030

Some Faq's

Frequently Asked Questions

BIS Research healthcare experts have found the solid tumor testing market to be one of the growing markets, which is predicted to grow at a CAGR of 6.09% over the years 2020-2030 and generate a market revenue of $40,660.6 Million by 2030.

The market is affected by many growth factors such as the rising incidence of cancers, decreasing cost of sequencing, expected increase in adoption of genetic testing, and increasing adoption of inorganic growth strategies.

The global market for solid tumor testing offers several growth opportunities for investors and healthcare giants such as the massive scope for adoption of genomic-based medicine in emerging nations, informatics and technological innovation for large consumer base, and mushrooming direct-to-consumer (DTC) testing services market.

On the basis of region, North America occupies the largest share of the global solid tumor testing market due to improved healthcare infrastructure, rise in per capita income, and availability of state-of-the-art research laboratories and institutions in the region.

Some of the major healthcare companies involved in the sector include Quest Diagnostics, Abbott Laboratories, Qiagen N.V., NeoGenomics Laboratories, Bio-Rad Laboratories, Laboratory Corporation of America Holding, and Beijing Genomics Institute (BGI), among others.

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