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How Rapidly is the Solid Tumor Testing Market Expected to Expand Between 2025 and 2034 Based on Current Trends?

The solid tumor testing market has shown substantial growth in recent years. It will expand from $27.96 billion in 2024 to $30 billion in 2025, achieving a CAGR of 7.3%. The historical growth was driven by advancements in personalized medicine, challenges in tumor-selective drug delivery, low therapeutic efficacy, unsustainable costs, and reductionist approaches in cancer chemotherapy.

The solid tumor testing market is set for strong growth, reaching $40.06 billion by 2029, at a CAGR of 7.5%. Growth factors include the rising prevalence of cancer, improvements in healthcare infrastructure, AI and IoT-powered diagnostic innovations, and government initiatives. Prominent trends will involve advancements in diagnostic tools, nanocarrier-based therapies, strategic partnerships, next-generation testing devices, and technological collaborations.

What Factors Are Propelling the Growth of the Market from 2025 to 2034?

An increase in cancer prevalence is expected to stimulate growth in the solid tumor testing market in the future. Cancer is characterized by the uncontrolled growth and spread of abnormal cells in the body. These cancer cells can invade nearby tissues and organs and sometimes spread to other body parts through the bloodstream or lymphatic system. About 90% of adult cancers are solid tumors, and solid tumor testing is utilized to detect cancer cells in the blood of patients with solid tumors, even if the cancer is not visible on imaging tests. For example, in June 2023, the Centers for Disease Control and Prevention, a national public health agency in the US, reported 1,603,844 new cancer cases and 602,347 cancer-related deaths in the US in 2020, with 403 new cases and 144 cancer-related deaths reported for every 100,000 individuals. Therefore, the rising prevalence of cancer is driving the growth of the solid tumor testing market.

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Which Key Players Are Shaping the Future of the Solid Tumor Testing Market?

Major companies operating in the solid tumor testing market include:

• Johnson & Johnson Ltd_x000D_

• Roche Diagnostics Corporation_x000D_

• Thermo Fisher Scientific Inc._x000D_

• Abbott Molecular Inc._x000D_

• Becton Dickinson And Company (BD)_x000D_

How Are the Latest Trends Influencing the Growth of the Solid Tumor Testing Market?

Innovative liquid biopsy test solutions are revolutionizing the solid tumor testing market. Companies in this space are developing advanced liquid biopsy tests to improve early cancer detection and treatment decision-making. For example, in June 2020, NeoGenomics Inc., a US-based laboratory testing company, introduced a suite of three solid tumor liquid biopsy tests. These tests can identify cancer cells in the bloodstream before they are visible on imaging scans, enabling early diagnosis. Additionally, they offer a non-invasive approach, personalized treatment options, and a quick turnaround time of seven days or less, providing significant advantages for clinicians.

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What Are the Major Categories and Their Growth Dynamics in the Solid Tumor Testing Market?

The solid tumor testing market covered in this report is segmented –

1) By Type: Genetic Testing, Conventional Testing

2) By Cancer Type: Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Cervical Cancer

3) By Application: Clinical, Research

4) By End-Users: Hospitals, Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Academic Research Institutions

Subsegments:

1) By Genetic Testing: Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence In Situ Hybridization (FISH)

2) By Conventional Testing: Histopathology, Cytology, Imaging Techniques

What Regions Are At the Forefront of Solid Tumor Testing Market Expansion?

North America was the largest region in the solid tumor testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solid tumor testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Solid Tumor Testing Market Classified and Defined in Market Analysis?

Solid tumor testing refers to the diagnostic and molecular testing conducted on solid tumors, which are masses or growths of abnormal cells that form in various body tissues. Solid tumor testing is used to detect cancer cells or cancer-related DNA in patients’ blood with solid tumors, even if the cancer is not yet visible on imaging tests.

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