Critical Care Diagnostics Market Size

Critical Care Diagnostics Market size was over USD 1.38 billion in 2024 and is anticipated to cross USD 2.7 billion by 2037, witnessing more than 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of critical care diagnostics is estimated at USD 1.44 billion. The reason behind the growth is due to the growing burden of cancer across the globe. For instance, there are an estimated 0.7 million new instances of cancer annually, indicating a constant increase in poor diet, alcohol use, smoking, physical inactivity, air pollution, and other noncommunicable illnesses, which are exacerbated by aging and population expansion.

According to the World Health Organization (WHO), it is anticipated that there will be over 35 million new cases of cancer in 2050, a 77% increase over the projected 20 million cases in 2022.

The growing development of quick diagnostic tools is believed to fuel the critical care diagnostics market growth. Without the need for complex equipment, the latest generation of miniaturized biosensor technologies for point-of-care testing has produced a more sensitive, dependable, quick, and economical detection procedure, which has benefited the clinical management of numerous applications, including pathology, drug discovery, and food safety.