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According to The Business Research Company’s Population Screening Global Market Report 2023, the worldwide population screening market is forecasted to increase from $25.04 billion in 2022 to $27.02 billion in 2023, with a 7.9% CAGR. It is projected to reach $35.37 billion in 2027, maintaining a 7% CAGR.

What was the major driver in the population screening market?
The increasing cancer incidence fuels the population screening market. Cancer is characterized by abnormal cell growth and migration within the body. Population screening aids in early cancer detection, improving treatment prospects. For example, the American Cancer Society predicts about 1.96 million new cancer cases in the US in 2023, up from around 1.9 million in 2021, underscoring the market’s growth tied to rising cancer rates.

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What was the key trend in the population screening market?
Technological progress is a prominent trend in the population screening market. Leading companies in this sector are integrating new technologies to maintain their market position. For example, in May 2021, Evoq Technologies LLC, a US-based firm specializing in healthcare and biotechnology research innovations, unveiled SmartERG, a phone-based retinal health assessment platform. This device assesses retinal health by emitting controlled light at the eye and recording the retina’s electrical and physiological response. Through AI and machine learning, it identifies retinal diseases based on visual response alterations, enabling cloud services, seamless patient-provider connections, and enhanced ophthalmic care.

Which was the largest region in the population screening market?
North America was the largest region in the population screening market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in population screening report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the population screening market prominent players?
Major players in the population screening market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Siemens Healthineers AG, Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies Inc., Sonic Healthcare Limited, Illumina Inc., SYNLAB International GmbH, Quidel Corporation, Bio-Rad Laboratories Inc., Unilabs, Qiagen N.V., Exact Sciences Corporation, ARUP Laboratories Inc., LGC Limited, OPKO Health Inc., Natera Inc., Cerba HealthCare S.A.S, Invitae Corp, Amedes Holding GmbH, Grail, Luminex Corporation, Novogene Co. Ltd., Trinity Biotech, Gene by Gene Ltd., Innova Medical Group Inc., Evoq Technologies LLC, and LabPLUS.

Key population screening market segments
The global population screening market is segmented –
1) By Product: Hardware Equipment, Testing Or Lab, Analytics Or Interpretation
2) By Gender: Male, Female
3) By Age: Ages Less Than 15, 15-65, Ages 65 And Above
4) By Business: Hospitals, Research Institutes, Diagnostic Labs

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The Population Screening Global Market Report 2023  provides a comprehensive overview on the population screening market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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