Lucintel anticipates that North America will be the fastest growing region in the cancer/tumor profiling market

   October 18, 2019
According to a new market report published by Lucintel, the future of the cancer/tumor profiling market looks promising with opportunities in the clinical and research applications. The cancer/tumor profiling market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are growing demand for cancer profiling method by oncologists to diagnose cancers, rise in adoption of cancer biomarkers for tumor profiling, increasing utility of biomarkers in tumor profiling, increasing cancer patients across the globe, and growth in use of next-generation sequencing technique for cancer profiling.

To download report brochure, please go to and click "report brochure" tab from the menu.

In this market, immunoassays, hybridization, next-generation sequencing, and mass spectroscopy technologies are used to identify the cancer/tumor. Sequencing is the largest technology segment of the cancer/tumor profiling market.

Within the cancer/tumor profiling market, genetic biomarkers and protein biomarkers are the major biomarker type. Genetic biomarker is the largest segment of the cancer/tumor profiling market.

North America will remain the largest region over the forecast period due to increasing investments for the discovery and development of biomarkers, growing demand for personalized therapeutics, rising adoption of advanced omics technologies for cancer research, and the increasing use of biomarkers for drug development.

Illumina, Qiagen N.V., Neogenomics Laboratories, HTG Molecular Diagnostics, Genomic Health, Caris Life Sciences, Helomics, Nanostring Technologies, Oxford Gene Technology, and Ribomed Biotechnologies are among the major manufacturers of cancer/tumor profiling devices.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the cancer/tumor profiling market by application, technology, cancer type, biomarker type, and region. Lucintel has prepared a comprehensive research report titled "Cancer/Tumor Profiling Market 2019-2024: Trends, Forecast, and Opportunity Analysis". The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the cancer/tumor profiling market by application, technology, cancer type, biomarker type, and region as follows:

By Application [$M shipment analysis for 2013 – 2024]:

  • Clinical Applications

  • Research Applications

By Technology [$M shipment analysis for 2013 – 2024]:

  • Immunoassays

  • Hybridization

  • Next-generation Sequencing

  • Mass Spectroscopy

  • Other Technologies

By Cancer Type [$M shipment analysis for 2013 – 2024]:

  • Breast Cancer

  • Lung Cancer

  • Colorectal Cancer

  • Prostate Cancer

  • Melanoma Cancer

  • Other Cancer Types

By Biomarker Type [$M shipment analysis for 2013 – 2024]:

  • Genetic Biomarkers

  • Protein Biomarkers

  • Other Biomarkers

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • United Kingdom

    • Germany

    • France

    • Italy

    • Spain

  • Asia-Pacific

    • China

    • India

    • Japan

  • ROW

    • Brazil

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [53]
Chemical [264]
Composites & Advanced Materials [171]
Construction & Industrial [76]
Consumer and Retail [140]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [166]
Transportation [143]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on