Report Description

The global hematologic malignancies testing market is anticipated to observe impressive growth during the forecast period, 2023-2027. The major factors include growing occurrences of blood cancer, and extensive development in technology are fueling the growth of the market. Hematologic malignancies are cancers which affect the blood, bone marrow, and lymph nodes. Leukemia, lymphoma, and myeloma are the common types of blood cancer. Hematologic malignancies testing is a medical testing method which help to diagnose the blood cancer. The other factors supporting the market’s growth are, rise in R&D activities, increasing favorable government funding, rising emphasis on personalized medicine, the increasing awareness among patients and healthcare professionals, rise in aging population base, growing adoption of inorganic growth strategies, increasing number of product launches, and immense potential for emerging submarkets.

Increasing Occurrence of Blood-Related Disorders

The growing incidences of blood-related disorders, such as leukemia, lymphoma, and myeloma, are bolstering the growth of the market globally. According to the American Cancer Society, in the United States, around every 3 minutes, a person is diagnosed with leukemia, lymphoma, and myeloma. Owing to the rise in the number of patients who have hematologic cancer, the surge in need for early detection and treatment of blood cancers is augmenting the growth of the market. Blood cancers are the fifth most common malignancy across the world and the second primary reason for cancer death. For instance, more than 300,000 people are diagnosed yearly with leukemia and 400,000 with lymphoma across the globe.

Technological Advancements and Rise in R&D Activities

The evolution of new technologies in the healthcare sector is surging the growth of the market. The increasing adoption of new innovative technologies, such as digital PCR, next-generation sequencing, cytogenetics, and others, is strengthening the growth of the market. The developments are helping to minimize the cost and time of treatment and improve the quality of human life. Moreover, the rise in R&D activities is propelling the growth of the market.

Increasing Adoption of Inorganic Growth Strategies

Growing inorganic growth strategies such as mergers, acquisitions, collaborations, partnerships, and an increasing number of product launches by market players are bolstering the growth of the market. For instance, in 2021, Natera, Inc. and Personalis, Inc. partnered in personalized oncology by coupling Personalis’ NeXT tumour profiling and diagnostic products with Natera’s personalized ctDNA platform Signatera for treatment monitoring and molecular residual disease assessment. Similarly, in 2018, Abbott launched an h-series incorporating a hematology system and has brought numerous changes in the clinical laboratories since then.


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Market Segmentation

The global hematologic malignancies testing market is segmented into component, technique, therapeutic indication, end user, and company. Based on component, the market is divided into kits and services. Based on kits, the market is further divided into gene panels, molecular clonality testing, translocation testing, mutation testing, and others. Based on technique, the market is divided into next-generation sequencing (NGS), polymerase chain reaction (PCR), fluorescence in-situ hybridization (FISH), immunohistochemistry (IHC), and others. Based on therapeutic indication, the market is divided into leukemia, lymphoma, multiple myeloma, myeloproliferative neoplasms, and others. Based on end user, the market is divided into hospitals & clinics, diagnostic laboratories, academic & research institutions, and others. In terms of country, the United States is expected to be a lucrative market in the forecast period due rising incidences of blood cancers in the country.

Market Players

Abbott Laboratories, Inc., Asuragen Inc., Bio-Rad Laboratories, Inc., Adaptive Biotechnologies Corporation, F.Hoffmann-La-Roche AG, Illumina, Inc., ICON plc., Invitae Corporation, Laboratory Corporation of America Holdings, and Invivoscribe, Inc. are some of the leading companies operating in the market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume Units and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, Volume forecast company share, competitive landscape, growth factors, and trends

Segments covered

·         Component

·         Technique

·         Therapeutic Indication

·         End User

·         Company

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; South Africa; Turkey; Egypt;

Key companies profiled

Abbott Laboratories, Inc., Asuragen Inc., Bio-Rad Laboratories, Inc., Adaptive Biotechnologies Corporation, F.Hoffmann-La-Roche AG, Illumina, Inc., ICON plc., Invitae Corporation, Laboratory Corporation of America Holdings, and Invivoscribe, Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global hematologic malignancies testing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Hematologic Malignancies Testing Market, By Component:

    • Kits

§  Gene Panels

§  Molecular Clonality Testing

§  Translocation Testing

§  Mutation Testing

§  Others

    • Services

·         Hematologic Malignancies Testing Market, By Component:

o   Next-Generation Sequencing (NGS)

o   Polymerase Chain Reaction (PCR)

o   Fluorescence In-Situ Hybridization (FISH)

o   Immunohistochemistry (IHC)

    • Others

·         Hematologic Malignancies Testing Market, By Therapeutic Indication:

    • Leukemia
    • Lymphoma
    • Multiple Myeloma
    • Myeloproliferative Neoplasms
    • Others

·         Hematologic Malignancies Testing Market, By End User:

o   Hospitals & Clinics

o   Diagnostic Laboratories

o   Academic & Research Institutions

o   Others

·         Hematologic Malignancies Testing Market, By Region:

    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Egypt

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Hematologic Malignancies Testing Market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Hematologic Malignancies Testing Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Hematologic Malignancies Testing Market

5.    Voice of Customer

6.    Clinical Trial Analysis

7.    Global Hematologic Malignancies Testing Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component (Kits v/s Services)

7.2.1.1.         By Kits (Gene Panels, Molecular Clonality Testing, Translocation Testing, Mutation Testing, Others)

7.2.2.     By Technique (Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Others)

7.2.3.     By Therapeutic Indication (Leukemia, Lymphoma, Multiple Myeloma, Myeloproliferative Neoplasms, Others)

7.2.4.     By End User (Hospitals & Clinics, Diagnostic Laboratories, Academic & Research Institutions, Others)

7.2.5.     By Company (2021)

7.2.6.     By Region

7.3.  Market Map

8.    North America Hematologic Malignancies Testing Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Component (Kits v/s Services)

8.2.1.1.         By Kits (Gene Panels, Molecular Clonality Testing, Translocation Testing, Mutation Testing, Others)

8.2.2.     By Technique (Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Others)

8.2.3.     By Therapeutic Indication (Leukemia, Lymphoma, Multiple Myeloma, Myeloproliferative Neoplasms, Others)

8.2.4.     By End User (Hospitals & Clinics, Diagnostic Laboratories, Academic & Research Institutions, Others)

8.2.5.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Hematologic Malignancies Testing Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Component

8.3.1.2.2.             By Technique

8.3.1.2.3.             By Therapeutic Indication

8.3.1.2.4.             By End User

8.3.2.     Canada Hematologic Malignancies Testing Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Component

8.3.2.2.2.             By Technique

8.3.2.2.3.             By Therapeutic Indication

8.3.2.2.4.             By End User

8.3.3.     Mexico Hematologic Malignancies Testing Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Component

8.3.3.2.2.             By Technique

8.3.3.2.3.             By Therapeutic Indication

8.3.3.2.4.             By End User

9.    Europe Hematologic Malignancies Testing Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Component (Kits v/s Services)

9.2.1.1.         By Kits (Gene Panels, Molecular Clonality Testing, Translocation Testing, Mutation Testing, Others)

9.2.2.     By Technique (Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Others)

9.2.3.     By Therapeutic Indication (Leukemia, Lymphoma, Multiple Myeloma, Myeloproliferative Neoplasms, Others)

9.2.4.     By End User (Hospitals & Clinics, Diagnostic Laboratories, Academic & Research Institutions, Others)

9.2.5.     By Country

9.3.  Europe: Country Analysis

9.3.1.     France Hematologic Malignancies Testing Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Component

9.3.1.2.2.             By Technique

9.3.1.2.3.             By Therapeutic Indication

9.3.1.2.4.             By End User

9.3.2.     Germany Hematologic Malignancies Testing Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Component

9.3.2.2.2.             By Technique

9.3.2.2.3.             By Therapeutic Indication

9.3.2.2.4.             By End User

9.3.3.     United Kingdom Hematologic Malignancies Testing Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Component

9.3.3.2.2.             By Technique

9.3.3.2.3.             By Therapeutic Indication

9.3.3.2.4.             By End User

9.3.4.     Italy Hematologic Malignancies Testing Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Component

9.3.4.2.2.             By Technique

9.3.4.2.3.             By Therapeutic Indication

9.3.4.2.4.             By End User

9.3.5.     Spain Hematologic Malignancies Testing Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Component

9.3.5.2.2.             By Technique

9.3.5.2.3.             By Therapeutic Indication

9.3.5.2.4.             By End User

10.  Asia-Pacific Hematologic Malignancies Testing Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Component (Kits v/s Services)

10.2.1.1.      By Kits (Gene Panels, Molecular Clonality Testing, Translocation Testing, Mutation Testing, Others)

10.2.2.  By Technique (Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Others)

10.2.3.  By Therapeutic Indication (Leukemia, Lymphoma, Multiple Myeloma, Myeloproliferative Neoplasms, Others)

10.2.4.  By End User (Hospitals & Clinics, Diagnostic Laboratories, Academic & Research Institutions, Others)

10.2.5.  By Country

10.3.              Asia-Pacific: Country Analysis

10.3.1.  China Hematologic Malignancies Testing Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Component

10.3.1.2.2.           By Technique

10.3.1.2.3.           By Therapeutic Indication

10.3.1.2.4.           By End User

10.3.2.  India Hematologic Malignancies Testing Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Component

10.3.2.2.2.           By Technique

10.3.2.2.3.           By Therapeutic Indication

10.3.2.2.4.           By End User

10.3.3.  Japan Hematologic Malignancies Testing Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Component

10.3.3.2.2.           By Technique

10.3.3.2.3.           By Therapeutic Indication

10.3.3.2.4.           By End User

10.3.4.  South Korea Hematologic Malignancies Testing Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Component

10.3.4.2.2.           By Technique

10.3.4.2.3.           By Therapeutic Indication

10.3.4.2.4.           By End User

10.3.5.  Australia Hematologic Malignancies Testing Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Component

10.3.5.2.2.           By Technique

10.3.5.2.3.           By Therapeutic Indication

10.3.5.2.4.           By End User

11.  South America Hematologic Malignancies Testing Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Component (Kits v/s Services)

11.2.1.1.      By Kits (Gene Panels, Molecular Clonality Testing, Translocation Testing, Mutation Testing, Others)

11.2.2.  By Technique (Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Others)

11.2.3.  By Therapeutic Indication (Leukemia, Lymphoma, Multiple Myeloma, Myeloproliferative Neoplasms, Others)

11.2.4.  By End User (Hospitals & Clinics, Diagnostic Laboratories, Academic & Research Institutions, Others)

11.2.5.  By Country

11.3.              South America: Country Analysis

11.3.1.  Brazil Hematologic Malignancies Testing Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Component

11.3.1.2.2.           By Technique

11.3.1.2.3.           By Therapeutic Indication

11.3.1.2.4.           By End User

11.3.2.  Argentina Hematologic Malignancies Testing Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Component

11.3.2.2.2.           By Technique

11.3.2.2.3.           By Therapeutic Indication

11.3.2.2.4.           By End User

11.3.3.  Colombia Hematologic Malignancies Testing Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Component

11.3.3.2.2.           By Technique

11.3.3.2.3.           By Therapeutic Indication

11.3.3.2.4.           By End User

12.  Middle East and Africa Hematologic Malignancies Testing Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value

12.2.              Market Share & Forecast

12.2.1.  By Component (Kits v/s Services)

12.2.1.1.      By Kits (Gene Panels, Molecular Clonality Testing, Translocation Testing, Mutation Testing, Others)

12.2.2.  By Technique (Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Others)

12.2.3.  By Therapeutic Indication (Leukemia, Lymphoma, Multiple Myeloma, Myeloproliferative Neoplasms, Others)

12.2.4.  By End User (Hospitals & Clinics, Diagnostic Laboratories, Academic & Research Institutions, Others)

12.2.5.  By Country

12.3.              MEA: Country Analysis

12.3.1.  South Africa Hematologic Malignancies Testing Market Outlook

12.3.1.1.      Market Size & Forecast

12.3.1.1.1.           By Value

12.3.1.2.      Market Share & Forecast

12.3.1.2.1.           By Component

12.3.1.2.2.           By Technique

12.3.1.2.3.           By Therapeutic Indication

12.3.1.2.4.           By End User

12.3.2.  Saudi Arabia Hematologic Malignancies Testing Market Outlook

12.3.2.1.      Market Size & Forecast

12.3.2.1.1.           By Value

12.3.2.2.      Market Share & Forecast

12.3.2.2.1.           By Component

12.3.2.2.2.           By Technique

12.3.2.2.3.           By Therapeutic Indication

12.3.2.2.4.           By End User

12.3.3.  UAE Hematologic Malignancies Testing Market Outlook

12.3.3.1.      Market Size & Forecast

12.3.3.1.1.           By Value

12.3.3.2.      Market Share & Forecast

12.3.3.2.1.           By Component

12.3.3.2.2.           By Technique

12.3.3.2.3.           By Therapeutic Indication

12.3.3.2.4.           By End User

12.3.4.  Turkey Hematologic Malignancies Testing Market Outlook

12.3.4.1.      Market Size & Forecast

12.3.4.1.1.           By Value

12.3.4.2.      Market Share & Forecast

12.3.4.2.1.           By Component

12.3.4.2.2.           By Technique

12.3.4.2.3.           By Therapeutic Indication

12.3.4.2.4.           By End User

12.3.5.  Egypt Hematologic Malignancies Testing Market Outlook

12.3.5.1.      Market Size & Forecast

12.3.5.1.1.           By Value

12.3.5.2.      Market Share & Forecast

12.3.5.2.1.           By Component

12.3.5.2.2.           By Technique

12.3.5.2.3.           By Therapeutic Indication

12.3.5.2.4.           By End User

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Competitive Landscape

15.1.              Abbott Laboratories, Inc.

15.2.              Asuragen Inc.

15.3.              Bio-Rad Laboratories, Inc.

15.4.              Adaptive Biotechnologies Corporation

15.5.              F.Hoffmann-La-Roche AG

15.6.              Illumina, Inc.

15.7.              ICON plc.

15.8.              Invitae Corporation

15.9.              Laboratory Corporation of America Holdings

15.10.            Invivoscribe, Inc.        

16.   Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing incidence of blood cancers, increasing inorganic growth strategies, and rising technological advancements are driving the demand for the global hematologic malignancies testing market.

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Abbott Laboratories, Inc., Asuragen Inc., Bio-Rad Laboratories, Inc., Adaptive Biotechnologies Corporation, F.Hoffmann-La-Roche AG, Illumina, Inc., ICON plc., Invitae Corporation, Laboratory Corporation of America Holdings, and Invivoscribe, Inc. are the key players operating in the global hematologic malignancies testing market.

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The lack of qualified professionals, issues concerning the analytical validity of cancer genetic testing, increasing costs of testing equipment, and high cost associated with tests may hamper the growth of the global hematologic malignancies testing market.

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The global hematologic malignancies testing market is studied from 2017 to 2027.

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Sakshi Bajaal

Business Consultant
Press Release

Hematologic Malignancies Testing Market to be dominated by Growing Occurrences of Blood Cancer through 2027

Sep, 2022

Growing incidences of blood related disorders and the rising awareness among patients about initial diagnosis to drive the hematologic malignancies testing market in the forecast period, 2023-2027.