Cancer Diagnostics Market size was over USD 107.24 billion in 2023 and is anticipated to cross USD 234.41 billion by 2036, witnessing more than 6.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cancer diagnostics is estimated at USD 112.56 billion.
This can be attributed to the rising incidence of cancer among people and inadequate medical infrastructure of middle and low income countries. According to World Health Organization, cancer is the second leading cause of death globally with 70% of the total deaths occurring in low and middle income countries.
Author Credits: Radhika Pawar
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