The global market for colorectal cancer screening and diagnostics market was estimated to be worth USD 16 billion in 2024 and is projected to reach USD 39.2 billion by 2035, with a compound annual growth rate (CAGR) of 11.9% during the 2025–2035 forecast period. The market is expected to grow in tandem with the healthcare sector due to the importance of screening and diagnostics for early detection and prompt treatment, which further improves patient outcomes.

A variety of tests and procedures are used in colorectal cancer screening and diagnostics in order to identify colorectal cancer early on, assess the disease's spread, and help inform treatment choices. Finding cancer early on is the main goal of the screening process.

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GROWTH DRIVERS

Since colorectal cancer cases continue to raise the need for early detection and therapeutic intervention through screening and diagnostic tests, the growing incidence of colorectal cancer worldwide is a major driver of the rise of screening and diagnostic services. One of the major factors driving the market is the increased awareness of the value of colorectal cancer screening and diagnosis brought about by public health campaigns and educational activities.

The market is growing as a result of lifestyle factors that raise the risk of colorectal cancer, such as smoking, eating poorly, and drinking too much alcohol. Another important development factor is the increasing cost of healthcare, particularly in industrialized nations, and the customer-centric approach taken by medical professionals.

MARKET SEGMENTATION:

·         By Test Type – Blood test, stool test, fecal biomarker test, CRC DNA screening, Imaging test, Colonoscopy, biopsy and others

·         By End User – Hospitals, Diagnostic Centers and Cancer research centers

·         By Region - North America, Europe, Asia Pacific, the Middle East and Africa, and South America

Global Key Players:

·         Abbott Laboratories

·         BioMerieux SA

·         GE Healthcare

·         Qiagen NV

·         Roche

·         Siemens

·         Sysmex

·         Thermo Fisher Scientific

·         Hologic

·         Epigenomics AG

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