Global Cancer Biomarkers Market Size, Share, Growth Analysis Report - Forecast 2034

Industry Prospective:

The global cancer biomarkers market size was worth around USD 22.82 Billion in 2024 and is predicted to grow to around USD 67.50 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 11.6% between 2025 and 2034. The report analyzes the global cancer biomarkers market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the cancer biomarkers industry.

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Cancer Biomarkers Market: Overview

Cancer biomarkers are biological molecules that are produced by tumor cells or human tissues in response to cancer and are then measured and evaluated as indicators of cancerous processes within the body. Cancer biomarkers are widely used in the detection and management of cancer patients. Biomarkers are used in the follow-up surveillance and early detection of possible recurrent disease in cancer patients who have undergone curative surgery. Furthermore, ongoing advancements in cancer diagnosis include the incorporation of molecular biomarkers into routine diagnostic tests. Various governments are focusing on investing in cancer prevention and early intervention in order to reduce the emotional and physical impact of cancer on patients and their families. Furthermore, national healthcare departments are actively involved in cancer research and treatment development. The rising cancer incidence is expected to spur innovation and development in the field of cancer diagnosis using biomarkers.

The rising prevalence of cancer, particularly lung cancer, around the world is one of the major factors driving market value growth. Rising R&D spending on medical instruments and devices, especially in developed and developing economies, will open up even more lucrative market growth opportunities. Research and development capabilities for drug discovery are also boosting market growth rates. The federal government's increased funding is expected to drive the market's growth rate. Furthermore, the growth and expansion of the healthcare industry, driven by both public and private players, will create lucrative personal health devices market growth opportunities, particularly in developing economies.

Key Insights

• As per the analysis shared by our research analyst, the global cancer biomarkers market is estimated to grow annually at a CAGR of around 11.6% over the forecast period (2025-2034).
• Regarding revenue, the global cancer biomarkers market size was valued at around USD 22.82 Billion in 2024 and is projected to reach USD 67.50 Billion by 2034.
• The cancer biomarkers market is projected to grow at a significant rate due to growing demand for early cancer detection, advancements in personalized medicine, and increasing cancer prevalence.
• Based on Biomarkers Type, the Protein Biomarkers segment is expected to lead the global market.
• On the basis of Cancer Type, the Breast Cancer segment is growing at a high rate and will continue to dominate the global market.
• Based on the Profiling Technologies, the Omics Technologies segment is projected to swipe the largest market share.
• By Application, the Diagnostics segment is expected to dominate the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Cancer Biomarkers Market: Growth Drivers

Drivers: Technological advancements on the rise In the creation of cancer biomarkers

Advances in array and proteomics technologies have addressed the difficulties in identifying and comprehending the functions and interactions of various proteins. These technological advancements have greatly simplified the process of discovering and developing novel cancer biomarkers.

Restraint: Sample collection-related technical issues

One of the most important issues for service providers is sample collection, which is followed by access to these samples. These samples must be subjected to strict quality control, and they must be stored in the proper conditions to avoid loss. Furthermore, various samples are required for risk detection, screening, diagnosis, and monitoring processes.

Opportunities: Personalized medicine

Personalized medicine determines the best course of treatment for individual patients. Cancer biomarkers are crucial in certain aspects of personalized medicine. Cancer biomarker testing consumables allow for the identification of these diseases. Cancer biomarker diagnostics are also used as companion diagnostics for a number of experimental therapies. As a result, the field of personalized medicine is expected to provide potential growth opportunities for cancer biomarkers market participants.

Challenges: Challenges associated with cancer biomarker validation

The process of cancer biomarker validation includes evaluating assays or measuring performance characteristics such as sensitivity, specificity, and reproducibility. Validation is essential for establishing cancer biomarkers as trustworthy tools to aid in development, medical care, and biopharma investment decisions.

Global Cancer Biomarkers Market: Segmentation

The global Cancer Biomarkers market is segregated based on Biomarkers Type, Cancer Type, Profiling Technologies and application.

Based on Biomarkers Type, the market is segmented into Protein Biomarkers, Genetic Biomarkers and Other Cancer Biomarkers. Protein biomarkers accounted for the largest share of the cancer biomarker market, owing primarily to technological advancements. In the development of cancer biomarkers and the expansion of cancer biomarker research and development.

On the basis of Cancer Type, the global cancer biomarkers market is bifurcated into Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Melanoma, Leukemia, Thyroid Cancer, Bladder Cancer, Non-Hodgkin's Lymphoma, Kidney Cancer and Other Cancer Types.

By Profiling Technologies, the global cancer biomarkers market is split into Omics Technologies, Imaging Technologies, Immunoassay, Bioinformatics and Cytogenetics.

Based on application, the market is segmented into Diagnostics, Research & Development, Prognostics, Risk Assessment and Other Applications. The diagnostics segment held the lion's share of the cancer biomarkers market. The increasing use of cancer biomarkers in drug discovery and development, as well as increased cancer biomarker R&D, are driving the growth of this segment.

Cancer Biomarkers Market: Report Scope

Cancer Biomarkers Market: Regional Analysis

North America dominates the cancer biomarkers market due to its strong base of healthcare facilities, rising investment from key players in the development of advanced devices, increasing number of processes pertaining to drug development, detection of specific tumors, monitoring biological response to cancer therapy, and rising number of research activities.

Asia-Pacific is expected to grow significantly between 2022 and 2028, owing to an increase in government initiatives to raise awareness, an increase in medical tourism, increased research activities in the region, rising cancer prevalence, and a growing demand for quality healthcare in the region.

Recent Developments

• In November 2020, Agilent Technologies Inc. announced the launch of the Biomarker Pathologist Training Program, a global initiative designed to help pathologists precisely score biomarkers. The programme was initially available in Europe and North America, as well as China and Asia via a digital platform.

Cancer Biomarkers Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the cancer biomarkers market on a global and regional basis.

The global cancer biomarkers market is dominated by players like:

• F. Hoffmann-La Roche Ltd. (Switzerland)
• Thermo Fisher Scientific Inc (US)
• QIAGEN N.V. (Netherlands)
• Illumina Inc (US)
• Bio-Rad Laboratories Inc (US)
• Abbott Laboratories (US)
• bioMérieux SA (US)
• Becton
• Dickinson and Company (US)
• Merck Millipore (US)
• Agilent Technologies (US)
• Myriad Genetics Inc (US)
• Sysmex Corporation (Japan)
• Hologic Inc (US)
• Quest Diagnostics (US)
• Centogene N.V. (Germany)
• PerkinElmer Inc (US)
• Siemens Healthineers (Germany)
• Exact Sciences (US)
• R&D Systems Inc (US)
• BioVision Inc (US)
• Olink (Sweden)
• Asuragen Inc (US)
• Meso Scale Diagnostics
• LLC (US)
• Invivoscribe Inc (US)
• Seegene Technologies Inc (South Korea)

The global cancer biomarkers market is segmented as follows:

By Biomarkers Type

• Protein Biomarkers
• Genetic Biomarkers and Other Cancer Biomarkers

By Cancer Type

• Breast Cancer
• Lung Cancer
• Colorectal Cancer
• Prostate Cancer
• Melanoma
• Leukemia
• Thyroid Cancer
• Bladder Cancer
• Non-Hodgkin's Lymphoma
• Kidney Cancer and Other Cancer Types

By Profiling Technologies

• Omics Technologies
• Imaging Technologies
• Immunoassay
• Bioinformatics and Cytogenetics

By Application

• Diagnostics
• Research & Development
• Prognostics
• Risk Assessment and Other Applications

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America