Ovarian Cancer Diagnostics Market is expected to grow at a CAGR of 5.34% through 2031

The Global Ovarian Cancer Diagnostics Market is anticipated to grow with increasing instances of ovarian cancer in the female population.

According to TechSci Research report, “Ovarian Cancer Diagnostics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031”, the Global Ovarian Cancer Diagnostics Market will grow from USD 2.21 billion in 2025 to USD 3.02 billion by 2031 at a 5.34% CAGR. Increasing instances of ovarian cancer, along with the advancing healthcare services, further drive the growth of the global ovarian cancer diagnostics market in the upcoming five years. Among other types of gynaecological cancers, ovarian cancer has had the largest patient pool suffering from the disease in the past few years. Higher mortality rates and increasing threats due to various environmental factors and genetic mutations further support the growth of the global ovarian cancer diagnostics market in the next five years. Some of the generic symptoms of the disease include bloating, abnormal menstruation, vaginal bleeding, indigestion, etc. Although these symptoms are not definitive for the disease, patients with a family history of the disease should undergo regular diagnostic testing to facilitate early diagnosis and improve treatment.

Research and technological advancement have increased in response to the need for early diagnosis, yet the disease is often identified at an advanced stage. With improved techniques and advances in diagnostic tests, identification may improve, further facilitating growth in the global ovarian cancer diagnostics market over the next five years. The government is making efforts toward the situation. An increasing number of initiatives, investments in the healthcare sector to advance the services, along with favourable schemes for the promotion of further studies on ovarian cancer, is also anticipated to substantiate the growth of the global ovarian cancer diagnostics market in the forecast years through 2031.

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The global ovarian cancer diagnostics market is segmented by diagnosis type, cancer type, end user, region, and competitive landscape. Based on diagnostic modality, the market is further segmented into diagnostic imaging, blood tests, biopsies, and other modalities. Diagnostic imaging includes transvaginal ultrasound, CT scan, MRI scan, pet scan, and others. Blood tests include CA-125, HER2, BRCA, KRAS, and other biomarkers. Biopsy methods include image-guided biopsy, fine-needle aspiration, and others. By cancer type, the market is segmented into epithelial tumours, germ cell tumours, stromal cell tumours, and other tumour types. Diagnostic imaging is expected to account for the largest share of market revenue and dominate the market segment over the next five years, owing to the increasing importance of early diagnosis and cancer staging. Transvaginal ultrasound is the initial technique used to visualise intracavitary tumours and assess their size. CT scans are also used to identify tumour cells; however, applications remain limited, and further technological advancement is needed, which would fuel growth in the segment and the global ovarian cancer diagnostics market over the next five years. Based on end user, the market is bifurcated into hospitals & speciality clinics, ambulatory care centres, and others.

Some of the market players, dominating the global ovarian cancer diagnostics market are:

• F. Hoffmann-La Roche AG
• Johnson & Johnson Services, Inc.
• GlaxoSmithKline Plc
• AstraZeneca Plc
• Siemens Healthineers GmbH
• Abbott Laboratories
• Thermo Fisher Scientific
• Bio-Rad Laboratories, Inc.
• Quest Diagnostics Incorporated
• Illumina, Inc.

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“North America is anticipated to lead the revenue share growth of the market in the upcoming five years on account of the strong commercial performances of gynecologic diagnostics in the US. Favourable government initiatives, technological advancements, and rising healthcare expenditures are expected to further drive growth in the global ovarian cancer diagnostics market over the next five years. An increasing number of market players are investing in the market and advancing their technologies, with growing investment in the research and development sector, which would also aid market growth. Asia Pacific region may hold fastest growing CAGR on the backbone of overall economic development, improvement in the healthcare infrastructure, increasing disposable income among the population and their growing tendency to seek advanced healthcare services further substantiate the growth of the global ovarian cancer diagnostics market in the forecast years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Ovarian Cancer Diagnostics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Diagnosis Type (Diagnostic Imaging {Transvaginal Ultrasound, CT Scan, MRI Scan, PET Scan, Others}, Blood Test {CA-125, HER2, BRCA, KRAS Mutation, Others}, Biopsy {Image Guided Biopsy, Fine Needle Aspiration Biopsy, Others}, Others), By Cancer Type (Epithelial Tumor, Germ Cell Tumor, Stromal Cell Tumor, Others), By End User (Hospitals & Specialty Clinics, Ambulatory Care Centers, Others), By Region 2021-2031F”, has evaluated the future growth potential of global ovarian cancer diagnostics and provides statistics & information on market size, structure, and future market growth. The report aims to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. The report also identifies and analyses emerging trends, as well as essential drivers, challenges, and opportunities, in the global ovarian cancer diagnostics market.

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