The global market for breast cancer diagnostics is poised to achieve a market value of $4.0 billion in 2022, with expectations of further growth at a Compound Annual Growth Rate (CAGR) of 7% from 2022 to 2032, ultimately reaching a market value of $7.9 billion. The escalating prevalence and recurrence of breast cancer, coupled with the availability of an expanding array of diagnostic tests, are contributing to a favorable environment for breast cancer detection. The growing emphasis on early diagnosis is a key driver, propelling an increased demand for breast cancer diagnostic solutions.

This sector offers numerous opportunities, encompassing aspects such as product innovation, distribution, retail, and exhibition management. Analysts at Fact.MR have conducted thorough assessments and forecasts of the breast cancer diagnostics market on both a global and regional scale, drawing on comprehensive primary and extensive secondary research to provide insightful insights into the evolving landscape of breast cancer detection.

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Market Players: –

  • Bio-Rad Labs Inc.
  • Illumina Co., Ltd.
  • Biocept Co., Ltd.
  • Epigenomics AG
  • AstraZeneca PLC
  • Myriad Genetics Inc.
  • Quest diagnostic integration.

competitive landscape

Major providers of breast cancer diagnosis are committed to providing diagnostic solutions that provide early detection of breast cancer. Key market players are also investing in research and development of fast, accurate and cost-effective diagnostic solutions.

  • In September 2021, Vice President of India Shri M. Venkaiah Naidu launched the first breast cancer helpline established by Ushalakshmi Breast Cancer Foundation. This is a new step for the country to spread breast cancer awareness.
  • Actress and model Elizabeth Hurley opened a cancer support center in London in September 2021 ahead of Cancer Awareness Month. The support center was named Future Dreams House.
  • In October 2021, to raise awareness of breast cancer, WellSpan Health and Capital Blue Cross have teamed up to launch a mobile mammography motor coach with the goal of increasing breast cancer screening in five countries.

Major Segments Covered in Breast Cancer Diagnosis Report

  • By test type
    • CA test for breast cancer
    • BRCA test for breast cancer
    • ER & PR tests for breast cancer
    • CEA test for breast cancer
    • KRAS mutation screening for breast cancer
    • HER 2 test for breast cancer
    • PSA test for breast cancer
    • EGFR mutation screening for breast cancer
    • Immunohistochemistry for breast cancer
    • etc
  • By end user
    • Hospital related laboratory
    • independent diagnostic lab
    • cancer research institute
    • etc

What do you get from Fact.MR research?

  • Factors influencing the overall development of the global breast cancer diagnostics market
  • Factors that may restrain the growth of the global market in the coming years of the forecast period.
  • What are the current competitive scenarios of the global Breast Cancer Diagnostics market and intricate details pertaining to the potential business prospects of key market players?
  • Pricing strategies of different market participants in the global breast cancer diagnostics market

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, Benelux (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic, etc.), Rest of Europe
  • CIS and Russia
  • Japan
  • Asia Pacific excluding Japan (Greater China, India, Korea, ASEAN countries, rest of APEJ)

How can Fact.MR help you make strategic moves?

The data provided in the Breast Cancer Diagnostics Market report provides a comprehensive analysis of important industry trends. Industry players can use this data to strategize potential business moves and reap incredible returns in the coming period.

This report covers price trend analysis and value chain analysis along with an analysis of different offers from market participants. The main motivation behind this report is to help businesses make data-driven decisions and strategize their business moves.