PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1836307
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1836307
Cancer biopsy market size was valued at US$ 32,268.12 Million in 2024, expanding at a CAGR of 8.23% from 2025 to 2032.
A cancer biopsy is a medical procedure used to diagnose cancer by removing a small sample of tissue, fluid, or cells from a suspicious area in the body for laboratory examination. This test helps determine the presence, type, and stage of cancer, guiding doctors in creating appropriate treatment plans. Biopsies can be performed using different methods such as needle biopsy, surgical biopsy, or endoscopic biopsy, depending on the location of the abnormality.
Cancer Biopsy Market- Market Dynamics
Increasing prevalence of cancer among people globally to propel market demand
The global cancer biopsy market is driven by the sharp rise in cancer prevalence worldwide. According to the World Health Organization (WHO), nearly 20 million new cancer cases were recorded in 2022, highlighting the urgency for diagnostic solutions. Governments and health agencies are emphasizing early detection, which directly fuels biopsy demand. However, advanced techniques such as liquid biopsy and next-generation sequencing remain costly, restricting access in low- and middle-income countries.
On the opportunity side, liquid biopsy adoption is accelerating: the U.S. Food and Drug Administration (FDA) has already approved more than 40 companion diagnostics for targeted cancer therapies, ensuring wider clinical integration. Additionally, large-scale government initiatives-such as the U.S. Cancer Moonshot program and the European Union's Beating Cancer Plan-are significantly boosting funding for cancer research and innovation. These combined forces create a market landscape where rising incidence and supportive policy outweigh cost challenges, ensuring sustained global growth.
The Global Cancer Biopsy Market is segmented on the basis of Product, Type, Application, End User, and Region.
The market is divided into three categories based on Product: services, instruments, and kits & consumables. The services segment is expected to hold the major market share during the forecast period, driven by rising demand for advanced diagnostic testing, pathology services, and increasing adoption of minimally invasive biopsy procedures worldwide.
The market is divided into twelve categories based on Application: breast cancer, cervical cancer, colorectal cancer, prostate cancer, lung cancer, blood cancer, skin cancer, kidney cancer, ovarian cancer, pancreatic cancer, liver cancer, and others. Among these, the breast cancer segment is expected to hold the largest market share during the forecast period, driven by its high prevalence, rising screening programs, and growing adoption of advanced diagnostic techniques
Cancer Biopsy Market- Geographical Insights
North America cancer biopsy market dominated the global market with over 40% share. The region's lead is reinforced by high incidence rates and strong policy frameworks. According to U.S. Cancer Statistics, 279,731 new female breast cancer cases were reported in 2022, and total cancer incidence continues to rise year-on-year.
Medicare coverage for next-generation sequencing and FDA approvals of liquid biopsy tests, such as Guardant360 CDx, further accelerate adoption. In Europe, the EU Beating Cancer Plan aims to ensure 90% of eligible citizens are offered screening by 2025, while NHS England has expanded liquid biopsy pilots to improve early diagnosis. Asia Pacific is the fastest-growing market: India's ICMR projects 1.53 million new cases in 2024, and Japan reported around 1.01 million new cases in 2022, both significantly expanding biopsy demand. Collectively, policy backing, reimbursement clarity, and rising case volumes sustain North America's lead while Europe and Asia Pacific rapidly close the gap.
Rising demand for early and accurate cancer diagnosis is driving companies to enhance innovation and efficiency in biopsy solutions. Market participants are focusing on developing minimally invasive biopsy techniques, integrating advanced imaging guidance, and improving molecular testing capabilities to increase precision. Strategic collaborations with research institutions and healthcare providers are being pursued to expand clinical applications. In addition, companies are investing in automation, digital pathology, and AI-powered diagnostics to accelerate results, strengthen accuracy, and gain a competitive advantage.
In April 2025, Labcorp launched molecular residual disease and liquid biopsy testing, offering advanced genomic insights to support personalized cancer treatment, improve disease monitoring, and aid in early relapse detection for better patient outcomes across diverse cancer types.
In June 2025, M42 announced a strategic collaboration with AstraZeneca and SOPHiA GENETICS to introduce advanced liquid biopsy testing in the UAE, enhancing cancer diagnosis, treatment decisions, and biomarker testing for improved precision oncology outcomes.