PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1798895
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1798895
Global Genetic Cancer Biomarkers Market to Reach US$13.9 Billion by 2030
The global market for Genetic Cancer Biomarkers estimated at US$5.2 Billion in the year 2024, is expected to reach US$13.9 Billion by 2030, growing at a CAGR of 17.6% over the analysis period 2024-2030. OMICS, one of the segments analyzed in the report, is expected to record a 15.5% CAGR and reach US$6.6 Billion by the end of the analysis period. Growth in the Bioinformatics segment is estimated at 20.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.4 Billion While China is Forecast to Grow at 22.9% CAGR
The Genetic Cancer Biomarkers market in the U.S. is estimated at US$1.4 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$3.0 Billion by the year 2030 trailing a CAGR of 22.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 13.3% and 15.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.0% CAGR.
Global Genetic Cancer Biomarkers Market - Key Trends & Drivers Summarized
Why Are Genetic Biomarkers Gaining Importance in Cancer Diagnosis and Treatment?
Genetic cancer biomarkers are DNA or RNA-based indicators that reveal the presence, progression, or treatment responsiveness of tumors. These biomarkers are used for early detection, prognosis evaluation, therapy selection, and recurrence monitoring. As cancer research evolves toward personalized treatment strategies, genetic biomarkers play an essential role in matching therapies to individual tumor profiles. This approach reduces trial-and-error in drug administration and improves treatment outcomes.
Applications range from identifying inherited cancer risk to detecting acquired mutations within tumors. Biomarkers such as BRCA1/2, EGFR, KRAS, and BRAF help guide therapeutic decisions in breast, lung, colorectal, and melanoma cases. Non-invasive sampling techniques, including liquid biopsies, are improving the accessibility of genetic testing, enabling more frequent monitoring. The growing adoption of companion diagnostics by oncology specialists is further establishing the role of genetic biomarkers in clinical practice.
How Are Technological Advances Enhancing Biomarker Detection and Interpretation?
High-throughput sequencing technologies such as next-generation sequencing (NGS) and digital PCR are enabling faster, more accurate identification of cancer-associated mutations. These tools allow simultaneous analysis of multiple genes with high sensitivity, even from small or degraded samples. Computational platforms now support variant calling, mutation annotation, and predictive analytics, improving biomarker interpretation and clinical decision-making.
Integration of artificial intelligence and machine learning is refining biomarker classification by analyzing genomic patterns across large patient cohorts. Cloud-based platforms enable sharing of anonymized genomic data for research and therapeutic development. Laboratory-developed tests and FDA-approved panels are expanding the range of actionable biomarkers for solid tumors and hematologic malignancies. As molecular diagnostics continue to evolve, bioinformatics and data integration are becoming essential to managing the increasing complexity of cancer genomics.
Where Are Genetic Biomarkers Being Adopted Most Widely in Oncology?
Hospitals, cancer centers, and reference laboratories are the primary users of genetic cancer biomarker testing. In high-income countries, biomarker testing is integrated into standard care pathways for several cancers, including non-small cell lung cancer, colorectal cancer, and breast cancer. Testing is used to assess therapy eligibility, predict resistance, and monitor minimal residual disease. Oncology practices in emerging markets are also adopting biomarker testing through partnerships with diagnostic labs and pharmaceutical companies.
Biopharmaceutical firms rely on biomarkers for patient stratification in clinical trials, especially for immunotherapy and targeted therapies. Precision oncology programs and cancer registries use genetic profiling to track mutation prevalence and treatment outcomes. As access to NGS platforms and genetic counseling improves, community oncology practices are incorporating biomarker testing into routine workflows. Adoption is growing across both academic and commercial segments of cancer care.
What Is Driving Growth in the Genetic Cancer Biomarkers Market?
Growth in the genetic cancer biomarkers market is driven by several factors related to molecular diagnostics integration, therapy personalization, and sequencing accessibility. Increased use of biomarker-guided treatment in oncology care is supporting demand for comprehensive mutation panels and companion diagnostics. Advances in NGS, liquid biopsy, and digital PCR are enabling faster, minimally invasive, and highly sensitive mutation detection. Growth is also supported by the development of targeted drugs that require biomarker identification, expansion of oncology-focused clinical trials, and reimbursement progress for genetic testing. As precision medicine continues to transform cancer care, genetic biomarkers are central to diagnostic innovation and therapeutic alignment.
SCOPE OF STUDY:
The report analyzes the Genetic Cancer Biomarkers market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Technology (OMICS, Bioinformatics, Other Technologies); Cancer Type (Breast Cancer, Prostate Cancer, Leukemia, Other Cancer Types)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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