Cancer Diagnostics Market - Forecast(2020 - 2025)
According to the World Health Organization (WHO), the number of incidences of cancer mortality, globally, were 9.6 million people in 2018. [1] Increasing cancer incidences exert demand on the global cancer diagnostics market owing to increasing awareness and government initiatives for R&D in oncology devices and treatments. Cancer study and diagnosis technology has advanced significantly with development of broader and more precise methods such as transcriptomics, hybridization, next-generation sequencing (NGS), amplification-refractory mutation system (ARMS), genomics, proteomics, and many others. Screening tests have been proven to reduce the spread of cancer by detecting the root cause and minimizing severity, leading to the cancer diagnostics market growing rapidly and generating a lucrative revenue. The global cancer diagnostics market was valued at $135 billion in 2018, mainly due to therapeutic development and innovative cancer detection devices. Globally, ...