Cancer biomarker Market Research Report- Global Forecast till 2030

Cancer Biomarker Market Research Report: Information By Type (Protein Biomarker and Genetic Biomarker), By Application (Diagnostic, Prognostic, and Therapeutic), By End-User (Pharmaceutical & Biotechnology Companies, and Diagnostic Companies), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

ID: MRFR/Pharma/3935-CR | 85 Pages | Published By Rahul Gotadki on January 2018         

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Global Cancer Biomarker Market Overview

Cancer Biomarker Market Size was valued at USD 14.5 billion in 2022. The Cancer Biomarker market industry is projected to grow from USD 15.9 Billion in 2023 to USD 27.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.8% during the forecast period (2023 - 2030).The increasing usage of cancer biomarkers in drug discovery and development, increased research on cancer biomarkers, technical improvements, and the rising incidence of cancer are the key market drivers enhancing the market growth.
Cancer Biomarker Market Overview
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Cancer Biomarker Market Trends



  • Rising Prevalence of Cancer to Fuel Market Growth


Cancer biomarkers play an important role in companion diagnostics, personalized medicine, and other disease diagnostics, such as illness risk assessment and medication discovery and development. One of the primary reasons likely to boost cancer biomarkers market CAGR during the forecast period is the increasing use of biomarkers in disease diagnostics.


The rising prevalence of cancer around the world is driving up need for early disease detection, moving the industry forward. According to the National Cancer Institute, an estimated 1,735,350 new cases of cancer were diagnosed in the United States in 2018. Furthermore, according to the Cancer Research Fund International, an estimated 18.0 million people worldwide were suffering from in 2018. Lung and breast cancers were the most commonly reported cancers worldwide, accounting for 12.3% of all cases diagnosed in 2018.


The increasing incidence of cancer biomarkers in both developing and developed countries is expected to raise demand for cancer diagnostics and therapy. These factors are expected to drive demand for these Cancer Biomarker market revenue.


Cancer Biomarker Market Segment Insights


Cancer Biomarker Type Insights


The Cancer Biomarker market segmentation, based on type, includes Protein Biomarker and Genetic Biomarker. The protein biomarkers segment accounted for the largest share of the market in 2022, mainly due to the increasing research on cancer biomarkers.


Protein biomarkers are detectable flags in a patient's blood that correlate with significant events or indicate specific states in a biological process, such as disease progression. Proteins are important because they are often easier to measure than the complex events they represent. In addition, protein biomarkers approved by the Food and Drug Administration (FDA) include cancer antigen 125 (CA125) in ovarian cancer, carcinoembryonic antigen (CEA) in colon cancer, and prostate-specific antigen (PSA) in prostate cancer.


FIGURE 1: CANCER BIOMARKER MARKET, BY TYPE, 2022 & 2030 (USD BILLION)
CANCER BIOMARKER MARKET, BY TYPE, 2022 & 2030
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Cancer Biomarker Application Insights


The Cancer Biomarker market segmentation, based on Application, includes Diagnostic, Prognostic, and Therapeutic. In 2022, the diagnostics segment accounted for the largest share of the cancer biomarkers market. Increased application of cancer biomarkers for companion diagnostics will drive market growth.


Cancer Biomarker End-User Insights


The Cancer Biomarker market data has been bifurcated By End-User into Pharmaceutical & Biotechnology Companies, and Diagnostic Companies. Cancer biomarkers are used by pharmaceutical and biotechnology businesses in the development of new cancer therapies, drug discovery, and personalized medicine. These firms invest in biomarker research and development in order to discover new biomarkers that can be used to diagnose and monitor cancer. Whereas Cancer biomarkers are used by diagnostic firms to build cancer diagnostic tests. These firms create and market cancer biomarker tests, which are used by clinicians to diagnose and monitor cancer patients.


Cancer Biomarker Regional Insights


By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America is estimated to account for a sizable portion of the cancer biomarkers market. Factors such as rising cancer prevalence and activities by key market participants are projected to drive market expansion over the forecast period. The number of cancer patients in the United States has increased significantly. Both men and women can develop breast cancer. Nonetheless, it is usually prevalent in women, and male breast cancer is extremely rare. According to Breastcancer.org, an estimated 287,850 new instances of invasive breast cancer are predicted to be detected in women in the United States in March 2022, along with 51,400 new cases of non-invasive (in situ) breast cancer. Similarly, an estimated 229,200 Canadians were diagnosed with cancer in 2021, according to the Canadian Cancer Statistics 2021, which was issued in November 2021. The rising number of cancer cases is predicted to enhance the use of cancer biomarkers for diagnosis, driving North America Cancer Biomarker market.


Furthermore, the region's high concentration of key players, increasing US Food and Drug Administration approvals, strategic alliances, and high investment in research and development activities are expected to boost the market. In April 2022, for example, researchers at Clarkson University in New York discovered a group of protein biomarkers that could be used to screen for breast cancer in breast milk or blood serum. The biomarkers were discovered for invasive ductal carcinoma (IDC), a type of breast cancer that is one of the most common. However, the researchers claim that their method could also be used to find biomarkers for different types of breast cancer.


Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: CANCER BIOMARKER MARKET SHARE BY REGION 2022 (%)
CANCER BIOMARKER MARKET SHARE BY REGION 2022
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Europe Cancer Biomarker market accounts for the second-largest market share because of the availability of research funds and the growing number of clinical trials in the region. Further, the UK Cancer Biomarker market held the largest market share, and the Germany Cancer Biomarker market was the fastest growing market in the North America region


The Asia-Pacific Cancer Biomarker Market is expected to grow at the fastest CAGR from 2022 to 2030. The increasing prevalence of cancer and the growing demand for personalized medicine are among the key drivers of this growth. Moreover, China Cancer Biomarker market held the largest market share, and the India Cancer Biomarker market was the fastest growing market in the Asia-Pacific region due to largest population.


Cancer Biomarker Key Market Players & Competitive Insights


The cancer biomarker market is highly competitive, with major market players operating in the market. To increase their market position, these businesses engage in various market developments such as collaborations, partnerships, mergers and acquisitions, and product launches. For example, in October 2021, Illumina announced the $8 billion acquisition of GRAIL, a healthcare business focused on multi-cancer early detection. This acquisition is likely to help Illumina expand its cancer detection and treatment offerings.


In recent years, Cancer Biomarker industry has provided medicine with some of the most significant benefits. The Cancer Biomarker market major player such as Becton Dickinson (U.S.), Merck & Co.Inc. (U.S.), Novartis AG (Switzerland), PerkinElmer Inc. (U.S.), F. Hoffmann-La Roche AG (Switzerland), Bio-Rad Laboratories (U.S.), Illumina Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Abbott Laboratories (U.S.), GlaxoSmithKline plc. (U.S.), and Others.


Becton, Dickinson and Company (BD) is a multinational medical technology firm that develops, manufactures, and sells medical devices, instrument systems, and reagents. BD, which was founded in 1897, has a long history of invention and has contributed significantly to the progress of healthcare over the years. BD Medical, BD Life Sciences, and BD Interventional are the company's three business segments. BD Medical manufactures medical devices and equipment used in hospitals and clinics, whereas BD Life Sciences manufactures laboratory equipment and reagents used in research and diagnostics. BD Interventional is a company that designs and manufactures medical devices for use in minimally invasive surgical procedures. BD is well-known in the field of cancer biomarkers. Cancer biomarkers are chemicals present in blood and other physiological fluids that signal the presence of cancer. BD offers a variety of cancer biomarker detection and analysis tools, including its


Merck & Co., Inc. (MSD outside the US and Canada) is a multinational biopharmaceutical corporation that develops, manufactures, and sells a wide range of pharmaceutical products and vaccines. Merck, which was founded in 1891, has a long history of invention and has contributed significantly to the progress of healthcare over the years. Merck has a diverse business portfolio that includes pharmaceuticals, animal health, and healthcare services. Its pharmaceuticals division is dedicated to the development and commercialization of products to treat a wide range of diseases and disorders, including cancer. Merck is also interested in cancer biomarker research. Cancer biomarkers are chemicals present in blood and other physiological fluids that signal the presence of cancer. Merck is working on the creation of new cancer biomarkers as well as medications that target specific biomarkers in cancer cells. The company's cancer research initiatives are aimed at enhancing cancer diagnostics, predicting treatment response, and identifying potential new cancer therapy targets.


Key Companies in the Cancer Biomarker market includes




  • Becton Dickinson (U.S.)




  • Merck & Co.Inc. (U.S.)




  • Novartis AG (Switzerland)




  • PerkinElmer Inc. (U.S.)




  • F. Hoffmann-La Roche AG (Switzerland)




  • Bio-Rad Laboratories (U.S.)




  • Illumina Inc. (U.S.)




  • Thermo Fisher Scientific Inc. (U.S.)




  • Abbott Laboratories (U.S.)




  • GlaxoSmithKline plc. (U.S.)




  • Others




Cancer Biomarker Industry Developments


June 2022:Nonagen Bioscience, a cancer diagnostics business, has announced that its Oncuria immunoassay for bladder cancer has received CE marking. Oncuria is the first multiplex urine test of its kind, detecting 10 biomarkers in pee that are linked to the presence of bladder cancer.


June 2022:Tempus, a leader in artificial intelligence and precision medicine, announced the addition of xF+, a new non-invasive, liquid biopsy panel of 523 genes focused on pathogenic mutations in cell-free DNA, to its comprehensive genomic profiling capabilities. It is capable of measuring blood-based tumor mutational burden (bTMB) and microsatellite instability (MSI), both of which are predictive indicators for response to certain cancer immunotherapies.


Cancer Biomarker Market Segmentation


Cancer Biomarker Type Outlook




  • Protein Biomarker




  • Genetic Biomarker




Cancer Biomarker Application Outlook




  • Diagnostic




  • Prognostic




  • Therapeutic




Cancer Biomarker End User Outlook




  • Pharmaceutical & Biotechnology Companies




  • Diagnostic Companies




Cancer Biomarker Regional Outlook




  • North America






  • US




  • Canada






  • Europe






  • Germany




  • France




  • UK




  • Italy




  • Spain




  • Rest of Europe






  • Asia-Pacific




    • China




    • Japan




    • India




    • Australia




    • South Korea




    • Australia




    • Rest of Asia-Pacific






  • Rest of the World




    • Middle East




    • Africa




    • Latin America

Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 14.5 billion
Market Size 2023 USD 15.9 billion
Market Size 2030 USD 27.8 billion
Compound Annual Growth Rate (CAGR) 9.8% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2018 - 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Application, End User and Region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Becton Dickinson (U.S.), Merck & Co.Inc. (U.S.), Novartis AG (Switzerland), PerkinElmer Inc. (U.S.), F. Hoffmann-La Roche AG (Switzerland), Bio-Rad Laboratories (U.S.), Illumina Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Abbott Laboratories (U.S.), GlaxoSmithKline plc. (U.S.), and Others.
Key Market Opportunities Increasing Incidences of Cancer Patients Drives the Market Growth in importance of biological and targeted drug therapies High accuracy and reliability
Key Market Dynamics Advancement of cancer drugs research Increased focus towards advanced treatment protocols


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Frequently Asked Questions (FAQ) :

Global market is expected to expand at 9.8% CAGR from 2022 to 2030.

Adoption of Western lifestyle by developing economies and extensive research on cancer biomarkers are primary drivers .

High costs of cancer treatment is the major factor expected to impede the global market growth.

The Americas is expected to dominate in the global market till 2023 due to investments in cancer diagnosis and high incidence of cancer.

Thermo Fisher Scientific Inc., PerkinElmer, Inc., Bristol-Myers Squibb, Pfizer Inc., Illumina Inc., F. Hoffmann-La Roche AG, Merck & Co., Inc., Becton Dickinson, GlaxoSmithKline plc., QIAGEN N.V, Eli Lilly and Company, Novartis AG, Abbott Laboratories, and Bio-Rad Laboratories are prominent players of the global market.

The Diagnostic segment had the largest share in the global market.