The global lung cancer genomic testing market is projected to reach $3.28 billion in terms of revenue by 2031 at a CAGR of 8.97%, reveals the premium market intelligence study by BIS Research.
Lung cancer genomic testing products and services represent a great deal of progress while mentioning clinical advancements in lung cancer.
Majority of the players in the global lung cancer genomic testing market offer products encompassing kits, assays, and services. The lung cancer genomic testing market employs the use of in-vitro diagnostic (IVDs) and laboratory-developed tests (LDTs) that include next-generation sequencing (NGS), polymerase chain reaction (PCR), and fluorescence in-situ hybridization (FISH), and immunohistochemistry (IHC) based test.
Oncology-based testing services dominated the overall lung cancer genomic testing in the year 2020, followed by the products.
To gain a holistic view of the market, data from different segments of the market has been analyzed minutely. These segments include products, technology, end-user, and region. Each of these segments is further categorized into sub-segments and micro-segments to compile an in-depth study.
The detailed study is a compilation of 08 Market Data Tables and 191 Figures spread through 244 Pages and in-depth TOC on “Lung Cancer Genomic Testing Market – Analysis and Forecast, 2021-2031”
USP of the Report
This extensive report can help in the following ways:
Analyst’s Take on the Market:
According to Nitish Kumar Singh, Principal Analyst – BIS Research, states, “North America is the leading contributor to the global lung cancer genomic testing market. It contributed approximately 56.54% to the global market value in 2020. This region is anticipated to grow at a CAGR of 9.05% during the forecast period 2021-2031 and will continue dominating the global market in 2031. However, the Asia-Pacific region is expected to grow at an impressive CAGR of 11.30% during the forecast period 2021- 2031.”
View the report from BIS Research on Global Lung Cancer Genomic Testing Market
Key Companies Operating in the Market and Competition Landscape
Key insights are drawn from in-depth interviews with the key opinion leaders of more than 15 leading companies, market participants, and vendors. The key players profiled in the report include Illumina, Inc., QIAGEN, Fulgent Genetics, F. Hoffmann-La Roche AG, Agilent Technologies Inc., OncoDNA, ARUP Laboratories, Veracyte Inc., and CD Genomics.
The study also offers strategic recommendations that can help organizations track various products, trends, and product types that are changing the dynamics of the market. The recommendations by BIS Research also offer bespoke research services to help organizations meet their objectives.
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Key Questions Answered in the Report:
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