Global Genomics in Cancer Care Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Instruments, Consumables, and Services

By Technology;

PCR, MicroArrays, Genome Sequencing, and Others

By Cancer Type;

Breast Cancer, Lung Cancer, and Colorectal Cancer

By Application;

Diagnostics, Personalized Medicine, Drug Discovery Development, and Research

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030)
Report ID: Rn881784380 Published Date: March, 2024 Updated Date: June, 2025

Introduction

Global Genomics in Cancer Care Market (USD Million), 2020 - 2030

Genomics in Cancer Care Market was valued at USD 16,885.51 million in the year 2023. The size of this market is expected to increase to USD 43,994.45 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 14.7%.


Global Genomics in Cancer Care Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 14.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)14.7 %
Market Size (2024)USD 16,885.51 Million
Market Size (2031)USD 43,994.45 Million
Market ConcentrationLow
Report Pages316
16,885.51
2024
43,994.45
2031

Major Players

  • Agilent Technologies
  • Illumina, Inc.
  • Pacific Biosciences, Inc.
  • ThermoFisher Scientific Inc.
  • Intrexon Bioinformatics Germany GmbH

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Genomics in Cancer Care Market

Fragmented - Highly competitive market without dominant players


The Genomics in Cancer Care Market is reshaping oncology by offering tailored treatment strategies and precision diagnostics. As personalized care gains momentum, the use of genomics in oncology has significantly expanded. Recent trends reveal a rise of over 60% in the application of genomic-based cancer therapies, influenced by breakthroughs in molecular profiling and sequencing technologies.

Technological Advancements
Emerging technologies such as AI-driven genomics platforms and bioinformatics solutions have improved cancer detection accuracy by over 40%, optimizing diagnostic and therapeutic decisions. Revolutionary tools like liquid biopsies and CRISPR are spurring innovation, resulting in a 55% increase in clinical genomic screening for cancer patients worldwide.

Clinical Implementation
Healthcare providers are increasingly using genomic data to guide treatment, with reports indicating a 50% increase in its adoption for mutation tracking and resistance analysis. This integration has enhanced therapy alignment and contributed to better patient outcomes, reducing ineffective treatments and aiding in early intervention.

Growth Potential
Looking ahead, the genomics sector in oncology is expected to evolve rapidly. A 50% surge in biomarker-based research and discovery is driving the next wave of targeted cancer treatments. The synergy of genomics, real-world analytics, and AI tools is poised to revolutionize drug development and clinical decision-making frameworks.

  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 Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Cancer Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Genomics in Cancer Care Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid advancements in genomic sequencing technologies

        2. Rising cancer prevalence worldwide

        3. Growing adoption of personalized cancer treatments

        4. Increased funding for genomics research

      2. Restraints
        1. High cost of genomic testing

        2. Data privacy and security concerns

        3. Limited skilled workforce availability

        4. Regulatory complexities impacting market growth

      3. Opportunities
        1. Integration of AI in genomics analysis

        2. Expansion in emerging healthcare markets

        3. Development of non-invasive diagnostic methods

        4. Collaborations for innovative therapeutic solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. 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. Global Genomics in Cancer Care Market, By Product Type, 2020 - 2030 (USD Million)
      1. Instruments
      2. Consumables
      3. Services
    2. Global Genomics in Cancer Care Market, By Technology, 2020 - 2030 (USD Million)
      1. PCR
      2. MicroArrays
      3. Genome Sequencing
      4. Others
    3. Global Genomics in Cancer Care Market, By Cancer Type, 2020 - 2030 (USD Million)
      1. Breast Cancer
      2. Lung Cancer
      3. Colorectal Cancer
    4. Global Genomics in Cancer Care Market, By Application, 2020 - 2030 (USD Million)
      1. Diagnostics
      2. Personalized Medicine
      3. Drug Discovery Development
      4. Research
    5. Global Genomics in Cancer Care Market, By Geography, 2020 - 2030 (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. Agilent Technologies
      2. Illumina, Inc.
      3. Pacific Biosciences, Inc.
      4. ThermoFisher Scientific Inc.
      5. Intrexon Bioinformatics Germany GmbH
  7. Analyst Views
  8. Future Outlook of the Market