Goglides Dev 🌱

Aaron Muller
Aaron Muller

Posted on

Cancer Profiling Market Accelerates with Liquid Biopsy

The global cancer profiling market was valued at USD 12.44 billion in 2024 and is projected to reach USD 28.80 billion by 2034, expanding at a CAGR of 8.76% from 2025 to 2034. The market is witnessing robust growth owing to the rising incidence of cancer globally, growing demand for precision medicine, and advancements in molecular biology technologies. Cancer profiling enables tailored treatment decisions by analyzing genetic mutations, expression patterns, and biomarkers associated with different types of cancer.

Market Overview
Definition of Cancer Profiling
Cancer profiling refers to a diagnostic technique that evaluates DNA, RNA, and protein expression from cancer cells to understand the molecular signature of tumors. It helps identify specific mutations, biomarkers, and pathways that are critical for selecting targeted therapies and improving patient outcomes.

Historical Growth and Evolution
Initially focused on limited genetic markers, cancer profiling has evolved significantly due to advancements in genomics, next-generation sequencing (NGS), and bioinformatics. Over the past decade, the approach has shifted from conventional histopathology to comprehensive molecular profiling, enabling oncologists to deliver personalized cancer care.

Major Segments and Key Platforms
Cancer profiling is widely used in the following domains:

Oncology Diagnostics

Drug Discovery and Development

Targeted Therapy Selection

Prognostics and Predictive Testing

Key technological platforms include Next-Generation Sequencing (NGS), Immunohistochemistry (IHC), In Situ Hybridization (ISH), and PCR-based techniques.

Market Dynamics
Drivers:

Rising global cancer incidence and awareness.

Increasing adoption of personalized and precision medicine.

Technological advancements in molecular diagnostics and bioinformatics.

Restraints:

High cost of genomic testing and infrastructure.

Limited access to advanced diagnostics in low-income regions.

Opportunities:

Integration of artificial intelligence and big data in cancer analytics.

Untapped markets in developing countries.

Growing number of clinical trials for targeted therapies.

➡️ Grab The Sample Report ➣ https://www.thebrainyinsights.com/enquiry/sample-request/14704

Market Segmentation
By Type:

Genomics

Proteomics

Epigenetics

Metabolomics

By Cancer Type:

Breast Cancer

Lung Cancer

Colorectal Cancer

Prostate Cancer

Melanoma

Other Rare Cancers

By Technology:

Next-Generation Sequencing (NGS)

Immunohistochemistry (IHC)

Polymerase Chain Reaction (PCR)

In Situ Hybridization (ISH)

Microarrays

By Application:

Diagnostics

Prognostics

Therapeutic Target Identification

Biomarker Discovery

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Competitive Landscape
The cancer profiling market is competitive and innovation-driven, with companies focusing on expanding molecular diagnostics capabilities and developing integrated solutions for clinical oncology.

Key players include:

Illumina, Inc. – Leading in NGS technologies and cancer genome sequencing.

QIAGEN N.V. – Offers advanced assays and bioinformatics platforms.

Thermo Fisher Scientific – Wide portfolio of cancer profiling kits and instruments.

F. Hoffmann-La Roche AG – Strong presence in companion diagnostics.

Agilent Technologies, Inc. – Specializing in precision oncology tools.

Caris Life Sciences – Pioneering molecular profiling and AI-powered oncology.

Region-Wise Trends
North America: Dominates the market due to high adoption of precision medicine and strong R&D infrastructure.

Europe: Increasing cancer burden and supportive government initiatives are driving growth.

Asia-Pacific: Fastest-growing region fueled by expanding healthcare access and rising awareness.

Latin America & MEA: Gradual growth with increasing investment in diagnostic healthcare infrastructure and clinical trials.

Top comments (0)