Molecular Oncology Diagnostics Market – A Global and Regional Analysis: Focus on Product, Technology, Application, Cancer Type, End User, and Region – Analysis and Forecast, 2022-2032

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The global molecular oncology diagnostics market was valued at $3,620.6 million in 2021 and is anticipated to reach $12,130.5 million by 2032, witnessing a CAGR of 11.43% during the forecast period 2022-2032.

Description

Global Molecular Oncology Diagnostics Market: Industry Overview

The global molecular oncology diagnostics market was valued at $3,620.6 million in 2021 and is anticipated to reach $12,130.5 million by 2032, witnessing a CAGR of 11.43% during the forecast period 2022-2032. The growth in the global molecular oncology diagnostics market is expected to be driven by the rising prevalence of cancers and increased transformations in biomarker identification.

Market Lifecycle Stage

Molecular oncology diagnostics play an essential role in the diagnosis and prognosis of different types of cancers and in improving patient outcomes. Over the last decade, cancer treatment and diagnostics has become a major public health concern across the globe.

With over 1.5 million instances reported each year, diseases like cancer can have far-reaching implications for individuals as well as a greater influence on the socioeconomic strata.

The market for appropriate testing assay kits is expanding rapidly, owing to the increased importance of early diagnosis to minimize further hazards, especially with rates on the rise. The rising global cancer incidence and the growing demand for early detection are expected to drive the growth of the global molecular oncology diagnostics market during the forecast period.

This expanded usage of kit and assay, instrument, and software has enabled end customers to describe particular system requirements, prompting suppliers to design more appealing and practical products and molecular diagnostics choices.

Impact

• The presence of major kit and assay providers of molecular oncology diagnostics has a major impact on the market. For instance, in March 2021, Biocartis NV launched Idylla GeneFusion Assay as a Rapid Lab Workflow Solution for gene fusion testing. This product provides a much faster testing solution for laboratories in comparison to other testing methods, including NGS.

• Companies such as Bio-Rad Laboratories, Inc., in August 2022, acquired Curiosity Diagnostics. The company acquired all the outstanding shares of the latter from Scope Fluidics, S.A. for its growth in the medical diagnostic and healthcare markets, for a total consideration of up to $170 million. Similarly, in February 2022, Becton and Dickinson Company (BD) acquired Cytogons to gain exclusive access to advanced assays licensed from the EuroFlow Consortium and strengthen BD’s leadership position in the molecular oncology diagnostics segment.

Impact of COVID-19

Cancer screening is crucial for early cancer detection; however, COVID-19 slowed the cancer screening infrastructure greatly. Many cancer organizations have championed the idea of suspending cancer screening services to patients to alter the provision of health care resources.

According to the declaration of a national emergency in the U.S. on March 13th, 2020, organizations such as the American Cancer Society advised people to put their cancer screening plans on hold until further notice during the COVID-19 outbreak. Cancer screening services have been severely disrupted because of this proposal, as well as other contextual circumstances (e.g., social exclusion measures).

In response to the COVID-19 pandemic and the impact on medical research in the U.S., the National Institutes of Health (NIH) and the National Cancer Institute (NCI) both extended grant application deadlines, laid back reporting requirements, and offer flexibility in how to grant money is spent.

COVID-19 drastically reduced fundraising possibilities for cancer-focused charitable research organizations, which provide up to half of all cancer research funding in the U.S. and frequently fund high-risk, high-reward projects even though the national government supported research work and offered medical researchers the flexibility to implement their skill set and knowledge to studying SARSCoV-2.

Market Segmentation:

Segmentation 1: by Product

• Kits and Assays
• Instruments
• Software

Based on products, the global molecular oncology diagnostics market is expected to be dominated by kit and assay. This is due to the high number of applications performed by kits and their ease of integration with other systems.

Segmentation 2: by Technology

• Next-Generation Sequencing (NGS)
• Polymerase Chain Reaction (PCR)
• Immunohistochemistry (IHC)
• Fluorescence In-Situ Hybridization (FISH)
• Flow Cytometry
• Other Technologies

Based on technology, the global molecular oncology diagnostics market is dominated by polymerase chain reaction (PCR). However, next-generation sequencing (NGS) is expected to be the fastest-growing segment in the market. This is because PCR techniques play an important role in targeted NGS sequencing because they allow for the simultaneous production of several NGS libraries and the sequencing of numerous targeted regions.

Segmentation 3: by Application

• Clinical Diagnostic
• Research Use

Based on applications, the global molecular oncology diagnostics market is expected to be dominated by the clinical diagnostic segment. This is due to the high usage of technologies such as companion diagnostics and liquid biopsy emerge.

Segmentation 4: by Cancer Type

• Solid Tumor
o Breast Cancer
o Lung Cancer
o Colorectal Cancer
o Prostate Cancer
o Ovarian Cancer
o Other Solid Tumors
• Hematological Malignancy
o Lymphoma
o Leukemia
o Multiple Myeloma
o Other Hematological Malignancies

Based on cancer type, the global molecular oncology diagnostics market is dominated by solid tumor cancer type, where breast cancer is expected to be the leading segment. The growth of advanced solid tumor testing has mostly focused on the treatment of distinct cancer kinds, indications, and indication subtypes. The hematological malignancy segment is expected to show a fast growth rate during the forecast period.

Segmentation 5: by End User

• Hospitals and Diagnostic Centers
• Reference Laboratories
• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes

Based on end users, global molecular oncology diagnostics was dominated by the hospitals and diagnostic centers segment. The growth of this segment is primarily attributed to the high use of molecular diagnostic tests by hospitals in these fields.

Segmentation 6: by Region

• North America
• Europe
• Asia-Pacific
• Rest-of-the-World

North America dominated the global market with a revenue of $1,588.6 in 2021. However, the Asia-Pacific region, constituting several emerging economies, is expected to register the highest CAGR of 12.60% during the forecast period 2022-2032.

Recent Developments in the Global Molecular Oncology Diagnostics Market

• In August 2022, Guardant Health expanded its Guardant Reveal usage, a liquid biopsy test for residual disease detection and recurrence monitoring, to include early-stage breast and lung cancers. It is the only tissue-free test used for colorectal cancer (CRC) and is now available for patients with breast and lung cancer.

• In December 2021, QIAGEN partnered with Denovo Biopharma to develop a companion diagnostic test for the treatment of diffuse large B-cell lymphoma. This test identified patients expressing Denovo genomic marker 1 (DGM1), which responded to Denovo’s investigational cancer drug DB102.

• In September 2021, Illumina partnered with Merck to develop and commercialize research tests for use in identifying specific cancer genetic mutations used in the assessment of homologous recombination deficiency (HRD).

• In August 2021, Agilent Technologies, Inc. expanded its CE-IVD marked PD-L1 IHC 22C3 pharmDx assay usage in Europe. This assay was used as an aid in identifying esophageal cancer patients for treatments with KEYTRUDA using a combined positive score.

Demand – Drivers and Limitations

Following are the demand drivers for the global molecular oncology diagnostics market:

• Rising Incidence of Cancer Cases
• Launch of Innovative Products in Molecular Oncology Diagnostics Ecosystem
• Growth in Biomarker identification and Transformations in Molecular Techniques

The market is expected to face some limitations due to the following challenges:

• Lack of Qualified Professionals
• Opaque Regulatory Framework Delaying the Approval of New Molecular Diagnostic Tests
• High Cost of Equipment Hindering the Adoption Rate

How can this report add value to an organization?

Product/Innovation Strategy: The report considers only product-based companies. The industry is witnessing constant development and product launches with new and innovative upgrades. Additionally, emerging technologies like microarray are also expected to be integrated more into molecular oncology diagnostics soon, which is expected to further boost market growth.

Growth/Marketing Strategy: The key components in molecular oncology diagnostics are the kit and assay, instrument, and software. The cost of the kit and assay depends on the number of integrations one wants the system with. However, the software charges usually surpass the cost of instruments and kits and assays that are necessary to ensure the purchase of the right type of instruments and correct integration and placements.

Competitive Strategy: The key players in the global molecular oncology diagnostics market analyzed and profiled in the study consist of product-based companies. Moreover, a detailed competitive benchmarking of the players operating in the global molecular oncology diagnostics market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts, analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names in this market are:

• Agilent Technologies, Inc.
• Abbott.
• Biocartis NV
• Bio-Rad Laboratories, Inc.
• F. Hoffmann-La Roche Ltd.
• QIAGEN N.V.
• Thermo Fisher Scientific, Inc.
• Danaher.
• Guardant Health
• HTG Molecular Diagnostics, Inc.
• Illumina, Inc.
• Invivoscribe, Inc.
• Myriad Genetics, Inc.
• Sysmex Corporation

Molecular Oncology Diagnostics Market | Laboratory Developed Test (LDT) Vs. In Vitro Diagnostic (IVD)

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Additional information

Publisher

Geography Covered

Date Published

Pages

Format

Base Year

2022

Base Market Size

$4, 109.8 Million in 2022

Currency

USD

Forecast Year

2032

Market Size Forecast

$12, 130.5 Million by 2032

CAGR

11.43%

Table of Contents

1 Market 1.1 Product Definition 1.2 Inclusion and Exclusion 1.3 Scope of the Study 1.4 Key Questions Answered in the Report 2 Research Methodology 2.1 Global Molecular Oncology Diagnostics Market: Research Methodology 2.2 Primary Data Sources 2.3 Secondary Data Sources 2.4 Market Estimation Model 2.5 Criteria for Company Profiling 3 Global Molecular Oncology Diagnostics Market: Overview 3.1 Market Overview 3.1.1 Evolution of Molecular Cancer Diagnostics and Current Status 3.2 Global Molecular Oncology Diagnostics Market Size and Forecast (2021-2032) 3.3 Global Incidence and Prevalence of Cancer (by Type) 3.3.1 North America 3.3.1.1 Solid Tumor 3.3.1.2 Hematological Malignancy 3.3.2 Europe 3.3.2.1 Solid Tumor 3.3.2.2 Hematological Malignancy 3.3.3 Asia-Pacific 3.3.3.1 Solid Tumor 3.3.3.2 Hematological Malignancy 3.4 Impact of COVID-19 on the Molecular Oncology Diagnostics Market 3.4.1 Impact on Market Size 3.5 Liquid Biopsy-Based Cancer Molecular Diagnostics 3.6 Laboratory Developed Test (LDT) Vs. In Vitro Diagnostic (IVD) 3.7 Role of Companion Diagnostics in the Molecular Oncology Diagnostics Market 4 Global Molecular Oncology Diagnostics Market: Industry Analysis 4.1 Legal Requirements and Framework in the U.S. 4.1.1 FDA Regulation 4.1.2 CMS Regulation (Reimbursement Scenario) 4.2 Legal Requirements and Framework in Europe 4.3 Legal Requirements and Framework in Asia-Pacific 4.3.1 China 4.3.2 Japan 5 Market Dynamics 5.1 Overview 5.1 Impact Analysis 5.2 Growth Drivers 5.2.1 Rising Incidence of Cancer Cases 5.2.2 Launch of Innovative Products in Molecular Oncology Diagnostics Ecosystem 5.2.3 Growth in Biomarker identification and Transformations in Molecular Techniques 5.3 Growth Restraints 5.3.1 Lack of Qualified Professionals 5.3.2 Opaque Regulatory Framework Delaying the Approval of New Molecular Diagnostic Tests 5.3.3 High Cost of Equipment Hindering the Adoption Rate 5.4 Growth Opportunities 5.4.1 Partnerships and Collaborations between Various Healthcare Stakeholders 5.4.2 Upsurge of Next-Generation Ultrasensitive Molecular Diagnostics 6 Competitive Landscape 6.1 Mergers and Acquisitions 6.2 Synergistic Activities 6.3 Product Launch and Approval Activities 6.4 Expansion, Insurance, and Other Key Developments 6.5 Market-Share Analysis 6.6 Growth-Share Analysis 7 Global Molecular Oncology Diagnostics Market (by Product), $Million, 2021-2032 7.1 Overview 7.2 Kits and Assays 7.3 Instruments 7.4 Software 8 Global Molecular Oncology Diagnostics Market (by Technology), $Million, 2021-2032 8.1 Overview 8.2 Polymerase Chain Reaction (PCR) 8.3 Next-Generation Sequencing (NGS) 8.4 Immunohistochemistry (IHC) 8.5 Fluorescence In-Situ Hybridization (FISH) 8.6 Flow Cytometry 8.7 Other Technologies 9 Global Molecular Oncology Diagnostics Market (by Application), $Million, 2021-2032 9.1 Overview 9.2 Clinical Diagnostic 9.3 Research Use 10 Global Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 10.1 Overview 10.1.1 Solid Tumor 10.1.1.1 Breast Cancer 10.1.1.2 Lung Cancer 10.1.1.3 Colorectal Cancer 10.1.1.4 Prostate Cancer 10.1.1.5 Ovarian Cancer 10.1.1.6 Other Solid Tumors 10.1.2 Hematological Malignancy 10.1.2.1 Lymphoma 10.1.2.2 Leukemia 10.1.2.3 Multiple Myeloma 10.1.2.4 Other Hematological Malignancies 11 Global Molecular Oncology Diagnostics Market (by End User), $Million, 2021-2032 11.1 Overview 11.2 Hospitals and Diagnostic Centers 11.3 Reference Laboratories 11.4 Pharmaceutical and Biotechnology Companies 11.5 Academic and Research Institutes 12 Region 12.1 Overview 12.2 North America 12.2.1 U.S. 12.2.2 Canada 12.3 Europe 12.3.1 Germany 12.3.2 France 12.3.3 U.K. 12.3.4 Italy 12.3.5 Spain 12.3.6 Rest-of-Europe 12.4 Asia-Pacific 12.4.1 China 12.4.2 India 12.4.3 Japan 12.4.4 South Korea 12.4.5 Australia 12.4.6 Rest-of-Asia-Pacific 12.5 Rest-of-the-World (RoW) 13 Company Profiles 13.1 Agilent Technologies, Inc. 13.1.1 Company Overview 13.1.2 Role of Agilent Technologies, Inc. in the Global Molecular Oncology Diagnostics Market 13.1.3 Key Competitors of the Company 13.1.4 Business Strategies 13.1.4.1 Merger and Acquisition 13.1.4.2 Product Launch/Approval 13.1.4.3 Expansion 13.1.5 Financials 13.1.6 Analyst Perspective 13.2 Abbott. 13.2.1 Company Overview 13.2.2 Role of Abbott. in the Global Molecular Oncology Diagnostics Market 13.2.3 Key Competitors of the Company 13.2.4 Key Customers of the Company 13.2.5 Financials 13.2.6 Key Insights about the Financial Health of the Company 13.2.7 Analyst Perspective 13.3 Biocartis NV 13.3.1 Company Overview 13.3.2 Role of Biocartis NV in the Global Molecular Oncology Diagnostics Market 13.3.3 Key Competitors of the Company 13.3.4 Corporate Strategies 13.3.4.1 Synergistic Activities 13.3.5 Business Strategies 13.3.5.1 Product Launch/Approval 13.3.6 Financials 13.3.7 Analyst Perspective 13.4 Bio-Rad Laboratories, Inc. 13.4.1 Company Overview 13.4.2 Role of Bio-Rad Laboratories, Inc. in the Global Molecular Oncology Diagnostics Market 13.4.3 Key Competitors of the Company 13.4.4 Corporate Strategies 13.4.4.1 Synergistic Activities 13.4.5 Business Strategies 13.4.5.1 Merger and Acquisition 13.4.5.2 Product Launch/Approval 13.4.6 Financials 13.4.7 Analyst Perspective 13.5 F. Hoffmann-La Roche Ltd. 13.5.1 Company Overview 13.5.2 Role of F. Hoffmann-La Roche Ltd. in the Global Molecular Oncology Diagnostics Market 13.5.3 Key Competitors of the Company 13.5.4 Corporate Strategies 13.5.4.1 Synergistic Activities 13.5.5 Business Strategies 13.5.5.1 Product Launch/Approval 13.5.5.2 Expansion 13.5.6 Financials 13.5.7 Analyst Perspective 13.6 QIAGEN N.V. 13.6.1 Company Overview 13.6.2 Role of QIAGEN N.V. in the Global Molecular Oncology Diagnostics Market 13.6.3 Key Competitors of the Company 13.6.4 Key Customers of the Company 13.6.5 Corporate Strategies 13.6.5.1 Synergistic Activities 13.6.6 Business Strategies 13.6.6.1 Merger and Acquisition 13.6.6.2 Product Launch/Approval 13.6.7 Financials 13.6.8 Analyst Perspective 13.7 Thermo Fisher Scientific, Inc. 13.7.1 Company Overview 13.7.2 Role of Thermo Fisher Scientific, Inc. in the Global Molecular Oncology Diagnostics Market 13.7.3 Key Competitors of the Company 13.7.4 Corporate Strategies 13.7.4.1 Synergistic Activities 13.7.5 Business Strategies 13.7.5.1 Product Launch/Approval 13.7.5.2 Expansion 13.7.6 Financials 13.7.7 Analyst Perspective 13.8 Danaher. 13.8.1 Company Overview 13.8.2 Role of Danaher. in the Global Molecular Oncology Diagnostics Market 13.8.3 Key Competitors of the Company 13.8.4 Corporate Strategies 13.8.4.1 Synergistic Activities 13.8.5 Financials 13.8.6 Key Insights about the Financial Health of the Company 13.8.7 Analyst Perspective 13.9 Guardant Health 13.9.1 Company Overview 13.9.2 Role of Guardant Health in the Global Molecular Oncology Diagnostics Market 13.9.3 Key Competitors of the Company 13.9.4 Key Customers of the Company 13.9.5 Corporate Strategies 13.9.5.1 Synergistic Activities 13.9.6 Business Strategies 13.9.6.1 Product Launch/Approval 13.9.7 Financials 13.9.8 Key Insights about the Financial Health of the Company 13.9.9 Analyst Perspective 13.1 HTG Molecular Diagnostics, Inc. 13.10.1 Company Overview 13.10.2 Role of HTG Molecular Diagnostics, Inc. in the Global Molecular Oncology Diagnostics Market 13.10.3 Key Competitors of the Company 13.10.4 Business Strategies 13.10.4.1 Product Launch/Approval 13.10.5 Financials 13.10.6 Key Insights about the Financial Health of the Company 13.10.7 Analyst Perspective 13.11 Illumina, Inc. 13.11.1 Company Overview 13.11.2 Role of Illumina, Inc. in the Global Molecular Oncology Diagnostics Market 13.11.3 Key Competitors of the Company 13.11.4 Corporate Strategies 13.11.4.1 Synergistic Activities 13.11.5 Business Strategies 13.11.5.1 Merger and Acquisition 13.11.6 Financials 13.11.7 Key Insights about the Financial Health of the Company 13.11.8 Analyst Perspective 13.12 Invivoscribe, Inc. 13.12.1 Company Overview 13.12.2 Role of Invivoscribe, Inc. in the Global Molecular Oncology Diagnostics Market 13.12.3 Key Competitors of the Company 13.12.4 Corporate Strategies 13.12.4.1 Synergistic Activities 13.12.5 Business Strategies 13.12.5.1 Product Launch/Approval 13.12.6 Analyst Perspective 13.13 Myriad Genetics, Inc. 13.13.1 Company Overview 13.13.2 Role of Myriad Genetics, Inc. in the Global Molecular Oncology Diagnostics Market 13.13.3 Key Competitors of the Company 13.13.4 Corporate Strategies 13.13.4.1 Synergistic Activities 13.13.5 Business Strategies 13.13.5.1 Product Launch/Approval 13.13.6 Financials 13.13.7 Key Insights about the Financial Health of the Company 13.13.8 Analyst Perspective 13.14 Sysmex Corporation 13.14.1 Company Overview 13.14.2 Role of Sysmex Corporation in the Global Molecular Oncology Diagnostics Market 13.14.3 Key Competitors of the Company 13.14.4 Corporate Strategies 13.14.4.1 Synergistic Activities 13.14.5 Business Strategies 13.14.5.1 Product Launch/Approval 13.14.5.2 Expansion 13.14.6 Financials 13.14.7 Key Insights about the Financial Health of the Company 13.14.8 Analyst Perspective List of Figures Figure 1: Annual NIH Funding in Human Genomics Research, $Billion, FY2013-FY2019 Figure 2: Global Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 3: Global Molecular Oncology Diagnostics Market, Dynamics Figure 4: Share of Key Market Strategies and Developments, January 2019-October 2022 Figure 5: Global Molecular Oncology Diagnostics Market (by Product), $Million, 2021 Vs. 2032 Figure 6: Global Molecular Oncology Diagnostics Market (by Technology), $Million, 2021 Vs. 2032 Figure 7: Global Molecular Oncology Diagnostics Market (by Application), $Million, 2021 Vs. 2032 Figure 8: Global Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021 Vs. 2032 Figure 9: Global Molecular Oncology Diagnostics Market (by End User), $Million, 2021 Vs. 2032 Figure 10: Global Molecular Diagnostics Market (by Region), $Million, 2021 Vs. 2032 Figure 11: Role of Diagnostics in Healthcare Figure 12: Global Molecular Oncology Diagnostics Market Segments Figure 13: Global Molecular Oncology Diagnostics Market: Methodology Figure 14: Primary Research Methodology Figure 15: Bottom-Up Approach (Segment-Wise Analysis) Figure 16: Top-Down Approach (Segment-Wise Analysis) Figure 17: Global Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 18: Solid Tumor Prevalence and Incidence Data in Europe, 2020 Figure 19: Hematological Malignancy Prevalence and Incidence Data in North America, 2020 Figure 20: Solid Tumor Prevalence and Incidence Data in Europe, 2020 Figure 21: Hematological Malignancy Prevalence and Incidence Data in Europe, 2020 Figure 22: Solid Tumor Prevalence and Incidence Data in Asia-Pacific, 2020 Figure 23: Hematological Malignancy Prevalence and Incidence Data in Asia-Pacific, 2020 Figure 24: Global Molecular Oncology Diagnostics Market, $Million, 2019-2021 Figure 25: Prominent FDA-Approved CDx Tests for Molecular Oncology Diagnostics Figure 26: FDA Guidelines for CDx Approval Figure 27: Criteria for CMS Coverage/Reimbursement Figure 28: Europe In Vitro Diagnostic Devices Regulation Regulatory Process Figure 29: Workflow for Medical Device Regulations Figure 30: Global Molecular Diagnostics Market: Market Dynamics Figure 31: Likert Scale Figure 32: Impact Analysis of Market Drivers and Challenges on the Global Molecular Oncology Diagnostics Market Figure 33: Global Distribution of Cases and Deaths (by Cancer Type), 2020 Figure 34: Global Incidence for Cancer Types (2017-2019) Figure 35: Product Upgradations and Technological Advancements, 2019-2022 Figure 36: Synergistic Activities, 2019-2021 Figure 37: Share of Key Developments and Strategies, January 2019-October 2022 Figure 38: Share of Mergers and Acquisitions (by Company), January 2019-October 2022 Figure 39: Share of Synergistic Activities (by Company), January 2019-October 2022 Figure 40: Share of Product Launch and Approval Activities (by Company), January 2019-October 2022 Figure 41: Share of Expansion, Insurance, and Other Key Developments (by Company), January 2019-October 2022 Figure 42: Market-Share Analysis for the Global Molecular Oncology Diagnostics Market, $Million, 2021 Figure 43: Growth-Share Analysis of Global Molecular Oncology Diagnostics Market (by Technology), 2021-2032 Figure 44: Global Molecular Oncology Diagnostics Market (by Product) Figure 45: Share of Global Molecular Oncology Diagnostics Market (by Product), $Million, 2021 and 2032 Figure 46: Global Molecular Oncology Diagnostics Market (Kits and Assays), $Million, 2021-2032 Figure 47: Global Molecular Oncology Diagnostics Market (Instruments), $Million, 2021-2032 Figure 48: Global Molecular Oncology Diagnostics Market (Software), $Million, 2021-2032 Figure 49: Global Molecular Oncology Diagnostics Market (by Technology) Figure 50: Share of Global Molecular Oncology Diagnostics Market (by Technology), $Million, 2021 and 2032 Figure 51: Global Molecular Oncology Diagnostics Market (Polymerase Chain Reaction), $Million, 2021-2032 Figure 52: Global Molecular Oncology Diagnostics Market (Next-Generation Sequencing), $Million, 2021-2032 Figure 53: Global Molecular Oncology Diagnostics Market (Immunohistochemistry), $Million, 2021-2032 Figure 54: Global Molecular Oncology Diagnostics Market (Fluorescence In-Situ Hybridization), $Million, 2021-2032 Figure 55: Global Molecular Oncology Diagnostics Market (Flow Cytometry), $Million, 2021-2032 Figure 56: Global Molecular Oncology Diagnostics Market (Other Technologies), $Million, 2021-2032 Figure 57: Share of Global Molecular Oncology Diagnostics Market (by Application), $Million, 2021 and 2032 Figure 58: Global Molecular Oncology Diagnostics Market (Clinical Diagnostic), $Million, 2021-2032 Figure 59: Global Molecular Oncology Diagnostics Market (Research Use), $Million, 2021-2032 Figure 60: Global Molecular Oncology Diagnostics Market (by Cancer Type) Figure 61: Share of Global Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021 and 2032 Figure 62: Global Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021 and 2032 Figure 63: Global Molecular Oncology Diagnostics Market (Breast Cancer), $Million, 2021-2032 Figure 64: Global Molecular Oncology Diagnostics Market (Lung Cancer), $Million, 2021-2032 Figure 65: Global Molecular Oncology Diagnostics Market (Colorectal Cancer), $Million, 2021-2032 Figure 66: Global Molecular Oncology Diagnostics Market (Prostate Cancer), $Million, 2021-2032 Figure 67: Global Molecular Oncology Diagnostics Market (Ovarian Cancer), $Million, 2021-2032 Figure 68: Global Molecular Oncology Diagnostics Market (Other Solid Tumors), $Million, 2021-2032 Figure 69: Global Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021 and 2032 Figure 70: Global Molecular Oncology Diagnostics Market (Lymphoma), $Million, 2021-2032 Figure 71: Global Molecular Oncology Diagnostics Market (Leukemia), $Million, 2021-2032 Figure 72: Global Molecular Oncology Diagnostics Market (Multiple Myeloma), $Million, 2021-2032 Figure 73: Global Molecular Oncology Diagnostics Market (Other Hematological Malignancies), $Million, 2021-2032 Figure 74: Share of Global Molecular Oncology Diagnostics Market (by End User), $Million, 2021 and 2032 Figure 75: Global Molecular Oncology Diagnostics Market (Hospitals and Diagnostic Centers), $Million, 2021-2032 Figure 76: Global Molecular Oncology Diagnostics Market (Reference Laboratories), $Million, 2021-2032 Figure 77: Global Molecular Oncology Diagnostics Market (Pharmaceutical and Biotechnology Companies), $Million, 2021-2032 Figure 78: Global Molecular Oncology Diagnostics Market (Academic and Research Institutes), $Million, 2021-2032 Figure 79: Global Molecular Oncology Diagnostics Market Snapshot (by Region), $Million, 2021-2032 Figure 80: Global Molecular Oncology Diagnostics Market (by Region), $Million, 2021-2032 Figure 81: North America Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 82: North America: Market Dynamics Figure 83: North America Molecular Oncology Diagnostics Market (by Country), $Million, 2021 and 2032 Figure 84: U.S. Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 85: U.S. Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 86: U.S. Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 87: U.S. Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 88: Canada Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 89: Canada Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 90: Canada Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 91: Canada Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 92: Europe Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 93: Europe: Market Dynamics Figure 94: Europe Molecular Oncology Diagnostics Market (by Country), $Million, 2021 and 2032 Figure 95: Germany Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 96: Germany Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 97: Germany Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 98: Germany Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 99: France Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 100: France Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 101: France Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 102: France Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 103: U.K. Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 104: U.K. Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 105: U.K. Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 106: U.K. Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 107: Italy Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 108: Italy Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 109: Italy Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 110: Italy Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 111: Spain Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 112: Spain Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 113: Spain Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 114: Spain Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 115: Rest-of-Europe Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 116: Rest-of-Europe Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 117: Rest-of-Europe Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 118: Rest-of-Europe Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 119: Asia-Pacific Molecular Oncology Diagnostics Market (by Region), $Million, 2021-2032 Figure 120: Asia-Pacific: Market Dynamics Figure 121: Asia-Pacific Molecular Oncology Diagnostics Market (by Country), $Million, 2021 and 2032 Figure 122: China Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 123: China Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 124: China Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 125: China Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 126: India Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 127: India Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 128: India Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 129: India Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 130: Japan Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 131: Japan Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 132: Japan Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 133: Japan Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 134: South Korea Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 135: South Korea Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 136: South Korea Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 137: South Korea Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 138: Australia Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 139: Australia Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 140: Australia Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 141: Australia Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 142: Rest-of-Asia-Pacific Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 143: Rest-of-Asia-Pacific Molecular Oncology Diagnostics Market (by Cancer Type), $Million, 2021-2032 Figure 144: Rest-of-Asia-Pacific Molecular Oncology Diagnostics Market (by Solid Tumor), $Million, 2021-2032 Figure 145: Rest-of-Asia-Pacific Molecular Oncology Diagnostics Market (by Hematological Malignancy), $Million, 2021-2032 Figure 146: Rest-of-the-World Molecular Oncology Diagnostics Market, $Million, 2021-2032 Figure 147: Total Number of Companies Profiled Figure 148: Agilent Technologies, Inc.: Product Portfolio Figure 149: Agilent Technologies, Inc.: Overall Financials, $Million, 2019-2021 Figure 150: Agilent Technologies, Inc.: Revenue (by Segment), $Million, 2019-2021 Figure 151: Agilent Technologies, Inc.: Revenue (by Region), $Million, 2019-2021 Figure 152: Agilent Technologies, Inc: R&D Expenditure, $Million, 2019-2021 Figure 153: Abbott.: Overall Product Portfolio Figure 154: Abbott.: Overall Financials, $Million, 2019-2021 Figure 155: Abbott.: Revenue (by Segment), $Million, 2019-2021 Figure 156: Abbott.: Revenue (by Region), $Million, 2019-2021 Figure 157: Abbott.: R&D Expenditure, $Million, 2019-2021 Figure 158: Biocartis NV.: Product Portfolio Figure 159: Biocartis NV: Overall Financials, $Million, 2019-2021 Figure 160: Bio-Rad Laboratories, Inc.: Product Portfolio Figure 161: Bio-Rad Laboratories, Inc.: Overall Financials, $Million, 2019-2021 Figure 162: Bio-Rad Laboratories, Inc.: Revenue (by Segment), $Million, 2019-2021 Figure 163: Bio-Rad Laboratories, Inc.: Revenue (by Region), $Million, 2019-2021 Figure 164: Bio-Rad Laboratories, Inc.: R&D Expenditure, $Million, 2019-2021 Figure 165: F. Hoffmann-La Roche Ltd.: Product Portfolio Figure 166: F. Hoffmann-La Roche Ltd.: Overall Financials, $Million, 2019-2021 Figure 167: F. Hoffmann-La Roche Ltd.: Revenue (by Segment), $Million, 2019-2021 Figure 168: F. Hoffmann-La Roche Ltd.: Revenue (by Region), $Million, 2019-2021 Figure 169: F. Hoffmann-La Roche Ltd.: R&D Expenditure, $Million, 2019-2021 Figure 170: QIAGEN N.V.: Product Portfolio Figure 171: QIAGEN N.V.: Overall Financials, $Million, 2019-2021 Figure 172: QIAGEN N.V.: Revenue (by Segment), $Million, 2019-2021 Figure 173: QIAGEN N.V.: Revenue (by Region), $Million, 2019-2021 Figure 174: QIAGEN N.V.: R&D Expenditure, $Million, 2019-2021 Figure 175: Thermo Fisher Scientific, Inc.: Product Portfolio Figure 176: Thermo Fisher Scientific, Inc.: Overall Financials, $Million, 2019-2021 Figure 177: Thermo Fisher Scientific, Inc.: Revenue (by Segment), $Million, 2019-2021 Figure 178: Thermo Fisher Scientific, Inc.: Revenue (by Region), $Million, 2019-2021 Figure 179: Thermo Fisher Scientific, Inc.: R&D Expenditure, $Million, 2019-2021 Figure 180: Danaher.: Product Portfolio Figure 181: Danaher.: Overall Financials, $Million, 2019-2021 Figure 182: Danaher.: Revenue (by Segment), $Million, 2019-2021 Figure 183: Danaher.: Revenue (by Region), $Million, 2019-2021 Figure 184: Danaher.: R&D Expenditure, $Million, 2019-2021 Figure 185: Guardant Health: Overall Product Portfolio Figure 186: Guardant Health: Overall Financials, $Million, 2019-2021 Figure 187: Guardant Health: Revenue (by Segment), 2019-2021 Figure 188: Guardant Health: R&D Expenditure, $Million, 2019-2021 Figure 189: HTG Molecular Diagnostics, Inc.: Overall Product Portfolio Figure 190: HTG Molecular Diagnostics, Inc.: Overall Financials, $Million, 2019-2021 Figure 191: HTG Molecular Diagnostics, Inc.: Revenue (by Segment), 2019-2021 Figure 192: HTG Molecular Diagnostics, Inc.: R&D Expenditure, $Million, 2019-2021 Figure 193: Illumina, Inc.: Overall Product Portfolio Figure 194: Illumina, Inc.: Overall Financials, $Million, 2019-2021 Figure 195: Illumina, Inc.: Revenue (by Segment), $Million, 2019-2021 Figure 196: Illumina, Inc.: Revenue (by Region), $Million, 2019-2021 Figure 197: Illumina, Inc.: R&D Expenditure, $Million, 2019-2021 Figure 198: Invivoscribe, Inc.: Overall Product Portfolio Figure 199: Myriad Genetics, Inc.: Product Portfolio Figure 200: Myriad Genetics, Inc.: Overall Financials, $Million, 2019-2021 Figure 201: Myriad Genetics, Inc.: Revenue (by Segment), $Million, 2019-2021 Figure 202: Myriad Genetics, Inc.: R&D Expenditure, $Million, 2019-2021 Figure 203: Sysmex Corporation: Overall Product Portfolio Figure 204: Sysmex Corporation: Overall Financials, $Million, 2019-2021 Figure 205: Sysmex Corporation: Revenue (by Region), $Million, 2019-2021 Figure 206: Sysmex Corporation: R&D Expenditure, $Million, 2019-2021 List of Tables Table 1: Biomarkers for Different Cancer Types Table 2: Cost of Liquid Biopsy Based NGS Diagnostic Kits Table 3: Companies Providing Kits and Assays for Molecular Oncology Diagnostics

Companies Mentioned

Agilent Technologies, Inc. Abbott. Biocartis NV Bio-Rad Laboratories, Inc. F. Hoffmann-La Roche Ltd. QIAGEN N.V. Thermo Fisher Scientific, Inc. Danaher. Guardant Health HTG Molecular Diagnostics, Inc. Illumina, Inc. Invivoscribe, Inc. Myriad Genetics, Inc. Sysmex Corporation

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