Global Carcinoembryonic Antigen Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

CD66a and CD66b

By Test;

Molecular Test and Serology Test

By Application;

Colorectal Cancer Market, Pancreatic Cancer, Ovarian Cancer, Breast Cancer, Thyroid Cancer, and Others

By End Use;

Hospitals, Laboratories, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn158671164 Published Date: May, 2025 Updated Date: June, 2025

Carcinoembryonic Antigen Market Overview

Carcinoembryonic Antigen Market (USD Million)

Carcinoembryonic Antigen Market was valued at USD 2,447.97 million in the year 2024. The size of this market is expected to increase to USD 3,497.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.


Global Carcinoembryonic Antigen Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.2 %
Market Size (2024)USD 2,447.97 Million
Market Size (2031)USD 3,497.70 Million
Market ConcentrationMedium
Report Pages334
2,447.97
2024
3,497.70
2031

Major Players

  • Abbott Laboratories
  • Roche Diagnostics
  • Siemens Healthineers
  • Thermo Fisher Scientific
  • Beckman Coulter (a subsidiary of Danaher Corporation)
  • Bio-Rad Laboratories
  • DiaSorin
  • Sysmex Corporation
  • QIAGEN
  • Merck KGaA

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Carcinoembryonic Antigen Market

Fragmented - Highly competitive market without dominant players


The Carcinoembryonic Antigen (CEA) Market is experiencing consistent growth, driven by the increasing adoption of tumor biomarkers in cancer diagnostics and monitoring. As a key glycoprotein marker, CEA is vital in identifying and tracking cancers such as colorectal, lung, breast, and pancreatic types. Nearly 55% of oncology diagnostic processes now involve CEA testing, underscoring its pivotal role in modern healthcare.

Role in Evaluating Treatment Effectiveness
CEA testing has become essential in monitoring treatment outcomes, especially for patients undergoing surgery or chemotherapy. Current data shows that more than 60% of clinicians utilize CEA levels to evaluate the success of treatment and detect recurrence. This trend highlights the growing reliance on biomarker-based tools that offer real-time, accurate insights into disease status.

Improved Diagnostic Accuracy Through Technology
Advancements in immunoassay platforms have notably enhanced the precision and speed of CEA diagnostics. Techniques like chemiluminescent and enzyme-linked assays are now adopted by around 40% of laboratories for their higher reliability. These developments are improving the overall efficiency of cancer diagnostics and boosting confidence in CEA as a critical diagnostic aid.

Precision Medicine Driving Test Utilization
As personalized healthcare becomes more mainstream, the demand for CEA testing continues to rise. Reports indicate that approximately 50% of oncologists are using CEA data to guide treatment decisions tailored to individual patient needs. This shift supports a more targeted and outcome-focused approach in oncology, where CEA testing plays a vital role.

Growing Awareness and Diagnostic Inclusion
The broader push for early cancer detection and enhanced diagnostic access is positively impacting the CEA market. Over 45% of organized cancer screening initiatives now include CEA in their testing panels. This growing awareness and integration into routine health screenings reflect the expanding value and acceptance of CEA in clinical diagnostics.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Test
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Carcinoembryonic Antigen Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Cancer Incidences
        2. Advancements in Diagnostic Technologies
        3. Rising Awareness and Screening Programs
      2. Restraints
        1. Advancements in Personalized Medicine

        2. Cutting-Edge Technological Innovations

        3. Industry Collaborations and Partnerships

      3. Opportunities
        1. Expensive Diagnostic Testing Procedures

        2. Low Test Specificity Issues

        3. Stringent Regulatory Compliance Barriers

      PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    2. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Carcinoembryonic Antigen Market, By Product, 2021 - 2031 (USD Million)
      1. CD66a
      2. CD66b
    2. Carcinoembryonic Antigen Market, By Test, 2021 - 2031 (USD Million)
      1. Molecular Test
      2. Serology Test
    3. Carcinoembryonic Antigen Market, By Application, 2021 - 2031 (USD Million)
      1. Colorectal Cancer market
      2. Pancreatic Cancer
      3. Ovarian Cancer
      4. Breast Cancer
      5. Thyroid Cancer
      6. Others
    4. Carcinoembryonic Antigen Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Laboratories
      3. Others
    5. Carcinoembryonic Antigen Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Roche Diagnostics
      3. Siemens Healthineers
      4. Thermo Fisher Scientific
      5. Beckman Coulter (a subsidiary of Danaher Corporation)
      6. Bio-Rad Laboratories
      7. DiaSorin
      8. Sysmex Corporation
      9. QIAGEN
      10. Merck KGaA
  7. Analyst Views
  8. Future Outlook of the Market