Report ID: SQMIG35A3045
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Cancer Diagnostics Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Cancer Diagnostics industry players.
The escalating global incidence of cancer, fueled by aging demographics, sedentary lifestyles, tobacco use, pollution, and genetic predisposition, creates a pressing clinical need for earlier detection. As more patients present with late-stage disease, healthcare providers prioritize early diagnostic interventions to improve survival rates and reduce treatment complexity. This surge in cancer cases drives widespread adoption of advanced diagnostic technologies—such as next-generation sequencing, liquid biopsies, and high-resolution imaging—because they enable accurate tumor identification, staging, and monitoring. Consequently, the demand for faster, more precise, and minimally invasive diagnostic solutions continues to reshape and expand the global cancer diagnostics market.
According to SkyQuest Technology “Global Cancer Diagnostics Market” By Product Type (Consumables, Instruments), By Technology (IVD Testing, Imaging), By Application, By Region - Industry Forecast 2025-2032,” Global cancer diagnostics market is projected to grow at a CAGR of over 9.4% by 2032, on account of urgent need for automating quantified data. Rapid technological innovation in diagnostic sciences significantly strengthens market growth. Continuous advancements in genomics, proteomics, AI-enhanced imaging, and biomarker discovery allow clinicians to detect smaller lesions, analyze tumor mutations, and predict treatment response with high accuracy.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Roche |
1896 |
Basel, Canton of Basel-Stadt |
USD 6.5 billion (2024) |
Molecular diagnostics, immunohistochemistry testing, oncology biomarkers, digital pathology, sequencing solutions, point-of-care diagnostics |
|
Abbott Laboratories |
1888 |
Abbott Park, Illinois |
USD 40.11 billion (2023) |
Immunoassay diagnostics, clinical chemistry testing, point-of-care diagnostics, molecular diagnostics, oncology biomarker testing, hematology systems |
|
Thermo Fisher Scientific |
2006 |
Waltham, Massachusetts |
USD 42.86 billion (2023) |
Next-generation sequencing, PCR and qPCR testing, oncology companion diagnostics, liquid biopsy workflows, laboratory automation, protein analysis solutions |
|
Becton, Dickinson and Company |
1897 |
Franklin Lakes, New Jersey |
USD 19.37 billion (2023) |
Flow cytometry, cancer biomarker detection, molecular diagnostics, sample collection systems, immunoassays, oncology research tools |
|
Siemens Healthineers |
2017 |
Erlangen, Germany |
USD 22 billion (2024) |
Diagnostic imaging, oncology MRI/CT/PET solutions, clinical chemistry testing, molecular diagnostics, lab automation, digital pathology, AI-enabled diagnostic platforms |
|
Danaher Corporation |
1984 |
Washington, D.C., USA |
USD 23.90 billion (2023) |
Molecular diagnostics, PCR testing, immunoassays, clinical chemistry, flow cytometry, tissue diagnostics, lab automation systems |
|
Agilent Technologies |
1999 |
Santa Clara, California |
USD 6.83 billion (2023) |
Genomics and sequencing workflows, cancer biomarker discovery, pathology instruments, companion diagnostics development, chromatography and mass spectrometry solutions |
|
bioMérieux |
1963 |
Lyon, France |
USD 3.98 billion (2023) |
Molecular oncology testing, immunoassays, cancer-related infectious disease diagnostics, automated clinical microbiology systems, biomarker analysis platforms |
|
Hologic |
1985 |
Marlborough, Massachusetts |
USD 4.03 billion (2023) |
Breast cancer screening (mammography), molecular oncology diagnostics, cytology testing, HPV screening, biopsy guidance systems, women’s health diagnostics |
|
Illumina |
1998 |
San Diego, California |
USD 4.50 billion (2023) |
Next-generation sequencing, cancer genomics, liquid biopsy sequencing, oncology companion diagnostics, bioinformatics and genomic data analysis |
Roche is a global leader in cancer diagnostics, pioneering innovative solutions that enhance early detection, treatment decisions, and patient outcomes worldwide. Founded in 1896, the company has built a strong portfolio across molecular diagnostics, immunohistochemistry, and digital pathology, serving hospitals and laboratories in over 100 countries. Its flagship cobas® platforms, oncology biomarkers, and next-generation sequencing partnerships continue to advance precision medicine. Roche is also expanding its AI-enabled pathology and liquid biopsy capabilities, reinforcing its position as a key driver of personalized cancer care and shaping the future of global oncology diagnostics.
Abbott Laboratories is a prominent global provider of diagnostic technologies, offering comprehensive solutions that support early cancer detection and clinical decision-making. Founded in 1888, the company has built a strong presence across immunoassays, clinical chemistry, hematology, and molecular diagnostics, serving healthcare systems in more than 160 countries. Abbott’s advanced platforms—such as ARCHITECT®, Alinity®, and m2000™—enable high-accuracy oncology biomarker testing and streamlined laboratory workflows. The company continues to invest in innovative molecular and point-of-care technologies, strengthening its role in expanding access to reliable cancer diagnostics and improving patient outcomes worldwide.
Thermo Fisher Scientific is a global leader in scientific instrumentation and cancer diagnostic technologies, empowering researchers and clinicians with advanced tools for early detection and precision oncology. Formed in 2006, the company delivers a comprehensive portfolio spanning next-generation sequencing, PCR testing, companion diagnostics, and laboratory automation. Its Ion Torrent™ platforms, Oncomine™ assays, and liquid biopsy solutions play a pivotal role in identifying genetic mutations and guiding targeted therapies. With a strong global footprint and continuous innovation, Thermo Fisher strengthens cancer research, enhances diagnostic accuracy, and supports the expanding demand for personalized cancer care worldwide.
Becton, Dickinson and Company (BD) is a global leader in medical technology and cancer diagnostic solutions, dedicated to improving clinical accuracy and patient outcomes. Founded in 1897, the company has built a strong presence in flow cytometry, molecular diagnostics, and sample collection systems used widely in oncology. BD’s advanced instrumentation enables precise cancer cell analysis, immunophenotyping, and biomarker detection, supporting earlier diagnosis and informed treatment decisions. With continuous innovation and a broad global reach, BD strengthens laboratory capabilities, enhances cancer research, and plays a vital role in advancing modern oncology diagnostics.
Siemens Healthineers is a global leader in medical imaging and diagnostic technologies, playing a pivotal role in advancing cancer detection and treatment planning. Established as a standalone entity in 2017, with roots spanning over a century, the company excels in MRI, CT, PET/CT, and molecular diagnostics used extensively in oncology. Its AI-powered platforms and laboratory automation systems enhance diagnostic precision and workflow efficiency. Siemens Healthineers’ innovations, including digital pathology and advanced imaging biomarkers, support personalized cancer care and strengthen its influence in shaping the future of global oncology diagnostics.
Danaher Corporation is a global science and technology leader with a strong and growing presence in cancer diagnostics through its portfolio of specialized subsidiaries. Founded in 1984, the company drives innovation across molecular diagnostics, tissue pathology, immunoassays, and laboratory automation. Key businesses such as Cepheid, Beckman Coulter, Leica Biosystems, and Integrated DNA Technologies deliver advanced PCR testing, clinical chemistry, and digital pathology solutions essential for early cancer detection and treatment planning. With continuous investment in precision diagnostics, Danaher significantly enhances oncology workflows and supports the global shift toward personalized cancer care.
Agilent Technologies is a leading global provider of analytical and diagnostic solutions that play a pivotal role in advancing cancer detection and precision medicine. Founded in 1999 as a spin-off from Hewlett-Packard, Agilent offers a strong portfolio spanning genomics, next-generation sequencing workflows, oncology biomarkers, and advanced pathology instruments. Its solutions support accurate tumor profiling, companion diagnostics development, and biomarker discovery across research and clinical settings. With continuous innovation in molecular analysis and digital pathology, Agilent strengthens oncology laboratories worldwide and contributes significantly to improving cancer diagnosis, treatment selection, and patient outcomes.
bioMérieux is a global leader in in vitro diagnostics, contributing significantly to cancer-related testing through its expertise in molecular diagnostics, immunoassays, and biomarker analysis. Founded in 1963, the company supports oncology care by offering high-precision diagnostic platforms used to detect cancer-associated infections, monitor treatment responses, and analyze key biomarkers. Its automated systems—such as VIDAS® and FilmArray®—enhance laboratory efficiency and clinical accuracy worldwide. With a strong commitment to scientific innovation and global health, bioMérieux continues to expand its oncology-focused capabilities and strengthen its role in the broader cancer diagnostics ecosystem.
Hologic is a global leader in women’s health and cancer diagnostics, renowned for its advancements in breast and cervical cancer detection. Founded in 1985, the company has built a strong portfolio spanning 3D mammography, molecular diagnostics, cytology testing, and biopsy guidance systems. Its widely adopted Genius® 3D Mammography™ and Panther® molecular platforms enhance early detection, workflow efficiency, and diagnostic accuracy. With a continued focus on innovation and expanding global reach, Hologic plays a crucial role in improving cancer screening, supporting personalized care, and strengthening outcomes in women’s oncology diagnostics worldwide.
Illumina is a global pioneer in genomics and a key contributor to cancer diagnostics through its advanced sequencing technologies. Founded in 1998, the company revolutionized oncology by enabling large-scale genomic profiling, liquid biopsy analysis, and companion diagnostics development. Its platforms—including NovaSeq™, NextSeq™, and TruSight™ assays—support precise identification of tumor mutations and guide targeted therapies. Illumina’s bioinformatics tools and partnerships further enhance clinical decision-making and accelerate the adoption of precision oncology. With continuous innovation and global reach, Illumina remains a driving force in shaping modern cancer diagnostics and personalized cancer care.
The global cancer diagnostics market is undergoing rapid transformation, driven by rising cancer incidence, technological advancement, and the growing shift toward personalized medicine. As healthcare systems prioritize earlier and more accurate detection, demand continues to surge for molecular assays, sequencing technologies, AI-enhanced imaging, and minimally invasive testing solutions. Leading companies—ranging from Roche and Abbott to Illumina and Hologic—are accelerating innovation through advanced platforms that improve diagnostic precision and clinical decision-making. With strong investments in genomics, digital pathology, and biomarker discovery, the industry is positioned for sustained expansion, reinforcing diagnostics as the cornerstone of modern cancer care.
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