Product Code: PM4952
The global multi cancer early detection market size is expected to reach USD 3,934.79 million by 2032, according to a new study by Polaris Market Research. The report "Multi Cancer Early Detection Market Size, Share & Trends Analysis Report, By Type (Liquid Biopsy, Gene Panel, LDT & Others), By End-use (Hospitals, Diagnostic Laboratories), By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The multi-cancer early detection market is rapidly evolving, driven by advances in genomics, biotechnology, and artificial intelligence. This market focuses on the development and commercialization of diagnostic tests capable of detecting multiple cancer types from a single sample, often using non-invasive methods such as blood tests. The aim is to identify cancer at an early, more treatable stage, improving patient outcomes and reducing healthcare costs.
Several factors are driving the growth of the multi-cancer early detection market. Firstly, the increasing global incidence of cancer, coupled with the rising awareness of the benefits of early detection, fuels demand for innovative diagnostic solutions. According to the World Health Organization, cancer is a leading cause of death worldwide, with new cases expected to rise by approximately 60% over the next two decades. Secondly, technological advancements in genomics and molecular biology have led to the development of highly sensitive and specific biomarkers that can detect cancer at very early stages. Companies are leveraging these advancements to create multi-cancer screening tests that can be integrated into routine clinical practice.
Additionally, substantial investments in research and development by both private and public sectors are accelerating the pace of innovation in this field. Governments and health organizations are also increasingly supporting early detection initiatives, recognizing their potential to save lives and reduce long-term healthcare expenditures. Furthermore, the growing adoption of personalized medicine and the shift towards preventive healthcare are encouraging the integration of multi-cancer early detection tests into broader health screening programs. Collectively, these driving factors position the multi-cancer early detection market for significant growth in the coming years, promising to transform cancer diagnostics and patient care.
Multi Cancer Early Detection Market Report Highlights
The liquid biopsy segment is anticipated to grow at the fastest CAGR, owing rise in research towards liquid biopsies
The diagnostic laboratories segment will grow with rapid pace, due to the increased awareness of personalized medicine, rise in demand for affordable services
APAC expected to witness substantial growth rate, due to rising number of cancer cases and rising need to increase survival rate
The global players include Illumina, Sciences Corp., Foundation Medicine, AnchorDxFreewomen, and Elypta
Polaris Market Research has segmented the Multi Cancer Early Detection Market report based on type, end use, and region:
Multi Cancer Early Detection, Type Outlook (Revenue - USD Million, 2019 - 2032)
- Liquid Biopsy
- Gene Panel, LDT & Others
Multi Cancer Early Detection End-use Outlook (Revenue - USD Million, 2019 - 2032)
- Hospitals
- Diagnostic Laboratories
- Other
Multi Cancer Early Detection, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Multi Cancer Early Detection Market Insights
- 4.1. Multi Cancer Early Detection Market - Industry Snapshot
- 4.2. Multi Cancer Early Detection Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Multi-Cancer Early Detection (MCED) Tests Transforming Cancer Screening with AI Integration
- 4.2.1.2. Enhancing Cancer Detection Rates
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Potential Risks and Uncertainties Surrounding Multi-Cancer Early Detection Tests
- 4.3. Porter's Five Forces Analysis<
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Multi Cancer Early Detection Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Multi Cancer Early Detection Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Multi Cancer Early Detection, by Type, 2019-2032 (USD Million)
- 5.3. Liquid Biopsy
- 5.3.1. Global Multi Cancer Early Detection Market, by Liquid Biopsy, by Region, 2019-2032 (USD Million)
- 5.4. Gene Panel, LDT
- 5.4.1. Global Multi Cancer Early Detection Market, by Gene Panel, LDT, by Region, 2019-2032 (USD Million)
- 5.5. Others
- 5.5.1. Global Multi Cancer Early Detection Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Multi Cancer Early Detection Market, by End User
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 6.3. Hospitals
- 6.3.1. Global Multi Cancer Early Detection Market, by Hospitals, by Region, 2019-2032 (USD Million)
- 6.4. Diagnostic Laboratories
- 6.4.1. Global Multi Cancer Early Detection Market, by Diagnostic Laboratories, by Region, 2019-2032 (USD Million)
- 6.5. Others
- 6.5.1. Global Multi Cancer Early Detection Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Multi Cancer Early Detection Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Multi Cancer Early Detection Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Multi Cancer Early Detection Market - North America
- 7.3.1. North America: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.3.2. North America: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.3.3. Multi Cancer Early Detection Market - U.S.
- 7.3.3.1. U.S.: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.3.4. Multi Cancer Early Detection Market - Canada
- 7.3.4.1. Canada: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4. Multi Cancer Early Detection Market - Europe
- 7.4.1. Europe: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.2. Europe: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4.3. Multi Cancer Early Detection Market - UK
- 7.4.3.1. UK: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.3.2. UK: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4.4. Multi Cancer Early Detection Market - France
- 7.4.4.1. France: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.4.2. France: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4.5. Multi Cancer Early Detection Market - Germany
- 7.4.5.1. Germany: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4.6. Multi Cancer Early Detection Market - Italy
- 7.4.6.1. Italy: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4.7. Multi Cancer Early Detection Market - Spain
- 7.4.7.1. Spain: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4.8. Multi Cancer Early Detection Market - Netherlands
- 7.4.8.1. Netherlands: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.4.9. Multi Cancer Early Detection Market - Russia
- 7.4.9.1. Russia: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.5. Multi Cancer Early Detection Market - Asia Pacific
- 7.5.1. Asia Pacific: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.5.3. Multi Cancer Early Detection Market - China
- 7.5.3.1. China: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.5.3.2. China: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.5.4. Multi Cancer Early Detection Market - India
- 7.5.4.1. India: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.5.4.2. India: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.5.5. Multi Cancer Early Detection Market - Malaysia
- 7.5.5.1. Malaysia: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.5.6. Multi Cancer Early Detection Market - Japan
- 7.5.6.1. Japan: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.5.7. Multi Cancer Early Detection Market - Indonesia
- 7.5.7.1. Indonesia: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.5.8. Multi Cancer Early Detection Market - South Korea
- 7.5.8.1. South Korea: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.6. Multi Cancer Early Detection Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.6.3. Multi Cancer Early Detection Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.6.4. Multi Cancer Early Detection Market - UAE
- 7.6.4.1. UAE: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.6.5. Multi Cancer Early Detection Market - Israel
- 7.6.5.1. Israel: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.6.6. Multi Cancer Early Detection Market - South Africa
- 7.6.6.1. South Africa: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.7. Multi Cancer Early Detection Market - Latin America
- 7.7.1. Latin America: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.7.2. Latin America: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.7.3. Multi Cancer Early Detection Market - Mexico
- 7.7.3.1. Mexico: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.7.4. Multi Cancer Early Detection Market - Brazil
- 7.7.4.1. Brazil: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
- 7.7.5. Multi Cancer Early Detection Market - Argentina
- 7.7.5.1. Argentina: Multi Cancer Early Detection Market, by End User, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Multi Cancer Early Detection Market, by Type, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Illumina, Inc. (GRAIL, LLC)
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Exact Sciences Corp.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Foundation Medicine, Inc
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. AnchorDx
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Guardant Health
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Burning Rock Biotech Ltd
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. GENECAST
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Beijing Lyman Juntai International Medical Technology Development Co
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Freenome Holdings, Inc.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Elypta AB
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development