Global Immuno-Oncology Assay Market Comprehensive Analysis and Forecast 2023 to 2028

Global Immuno-Oncology Assay Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The Global Immuno-Oncology Assay Market size is valued at around USD 5.77 billion in 2024 and is estimated to grow at a CAGR of around 12.5% during the forecast period, i.e., 2023-28. The Global Immuno-Oncology Assay Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Immuno-Oncology Assay Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Immuno-Oncology Assay Market drivers, barriers, Global Immuno-Oncology Assay Market Trends, and Key Players in Global Immuno-Oncology Assay Market.
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Global Immuno-Oncology Assay Market Dynamics: 2023-2028
Global Immuno-Oncology Assay Market Driver:
Increasing Cancer Cases Globally to Drive Immuno-Oncology Assay Market– The substantial growth in the Global Immuno-Oncology Assay Market has been attributed to the increasing prevalence of cancer globally. The global incidence of cancer has risen significantly, with notable increases reported in countries such as the US and India, as documented by leading healthcare organizations like the World Health Organization, the International Agency for Research on Cancer, and the Global Cancer Observatory. For instance,
In 2018, the Global Cancer Observatory recorded approximately 18.1 million cancer cases worldwide, a number that escalated to approximately 19.2 million by 2020.
This surge in cancer cases has underscored the imperative for effective management. Consequently, countries, particularly the United States and India, have implemented measures to combat cancer, leading to heightened awareness among patients. This heightened awareness has driven the need for immune-oncology assays globally, catering to the need for early-stage detection and diagnosis.
Furthermore, global cancer research and healthcare organizations predict a continued increase in cancer cases in the years ahead. This prediction is based on factors such as the proliferation of carcinogenic pollutants in the environment and the growing prevalence of genetic mutations as significant contributors to cancer development. As a result, the demand for better immune-oncology diagnostic services would amplify in the coming years as well.
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Global Immuno-Oncology Assay Market (2023-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Product & Services
Reagents and Antibodies- Market Size & Forecast 2018-2028F, USD Million
Testing Kits- Market Size & Forecast 2018-2028F, USD Million
Instruments- Market Size & Forecast 2018-2028F, USD Million
Consumables & Accessories- Market Size & Forecast 2018-2028F, USD Million
Software- Market Size & Forecast 2018-2028F, USD Million
By Assay Type
Checkpoint Inhibitor Assays- Market Size & Forecast 2018-2028F, USD Million
Cytokine Profiling Assays- Market Size & Forecast 2018-2028F, USD Million
Protein Biomarker Assays- Market Size & Forecast 2018-2028F, USD Million
Genomic Sequencing and Mutational Analysis- Market Size & Forecast 2018-2028F, USD Million
Immune Profiling Assays- Market Size & Forecast 2018-2028F, USD Million
Tumour Biomarker Assays- Market Size & Forecast 2018-2028F, USD Million
Others (Gene Expression Profiling Assays, Multiplex Assays, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Technology
Polymerase Chain Reaction- Market Size & Forecast 2018-2028F, USD Million
Immunoassay- Market Size & Forecast 2018-2028F, USD Million
Next-generation Sequencing- Market Size & Forecast 2018-2028F, USD Million
In-situ Hybridization- Market Size & Forecast 2018-2028F, USD Million
Flow Cytometry- Market Size & Forecast 2018-2028F, USD Million
Others (Mass Spectrometry, Immunohistochemistry (IHC), etc.) - Market Size & Forecast 2018-2028F, USD Million
By Indication
Lung Cancer- Market Size & Forecast 2018-2028F, USD Million
Breast Cancer- Market Size & Forecast 2018-2028F, USD Million
Colorectal Cancer- Market Size & Forecast 2018-2028F, USD Million
Prostate Cancer- Market Size & Forecast 2018-2028F, USD Million
Ovarian Cancer- Market Size & Forecast 2018-2028F, USD Million
Others (Bladder Cancer, Melanoma, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Application
Clinical Assay- Market Size & Forecast 2018-2028F, USD Million
Research & Development- Market Size & Forecast 2018-2028F, USD Million
By End User
Hospitals- Market Size & Forecast 2018-2028F, USD Million
Cancer Research Centers- Market Size & Forecast 2018-2028F, USD Million
Specialty Cancer Clinics- Market Size & Forecast 2018-2028F, USD Million
Clinical Laboratories- Market Size & Forecast 2018-2028F, USD Million
Others (Contract Research Organizations (CROs), Contract Development & Manufacturing Organizations (CDMOs), etc.) - Market Size & Forecast 2018-2028F, USD Million
By Region
North America
South America
Europe
Middle East & Africa
Asia-Pacific.
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Top Companies Operating in the Global Immuno-Oncology Assay Market:
Agilent Technologies Inc., Aviva Systems Biology Corporation, PerkinElmer Inc., Bio-Rad Laboratories, Inc., Illumina Inc., Qiagen N.V, Thermo Fisher Scientific, Inc., Sartorius AG, NanoString Technologies, Inc., BioGenex, Abbott Laboratories, Inc., Asuragen Inc., Meso Scale Assay, LLC, Merck Millipore, Enzo Biochem Inc., and Others.
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