Overview and Scope
Adrenal cancer diagnostics refers to the process of identifying and diagnosing adrenal cancer, which is cancer that originates in the adrenal glands located above the kidneys. This process involves a series of medical evaluations, tests, and procedures designed to determine whether a person has adrenal cancer. It is essential for effective treatment planning and management.
Sizing and Forecast
The adrenal cancer diagnostics market size has grown strongly in recent years. It will grow from $130.84 billion in 2023 to $140.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased incidence and awareness, genetic and molecular testing advances, biopsy techniques improvement, enhanced endocrine testing, integration of artificial intelligence (ai).
The adrenal cancer diagnostics market size is expected to see strong growth in the next few years. It will grow to $180.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to personalized medicine approaches, rise in minimally invasive procedures, telemedicine and remote consultations, liquid biopsy development, expanded genetic counseling services. Major trends in the forecast period include regulatory support for diagnostic innovations, digital pathology adoption, advancements in imaging technologies, liquid biopsy development, genomic profiling for precision medicine.
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Segmentation & Regional Insights
The adrenal cancer diagnostics market covered in this report is segmented –
1) By Test: Magnetic Resonance Imaging (MRI), Computed Tomography (CT) Scan, X-ray, Positron Emission Tomography (PET) Scan, Biopsy
2) By Treatment: Surgery, Chemotherapy, Radiotherapy, Targeted Cancer Therapies, Other Treatments
3) By Tumor Type: Pheochromocytoma, Adrenal Cortical Carcinoma, Other Types
4) By End-User: Hospitals, Ambulatory Surgical Centers, Cancer Centers, Other End-Users
North America was the largest region in the adrenal cancer diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the adrenal cancer diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rising cigarette smoking is expected to propel the growth of the adrenal cancer diagnostics market going forward. Cigarette smoking refers to the act of inhaling and exhaling the fumes of burning tobacco, which contains nicotine, an addictive alkaloid that can have both stimulating and tranquilizing psychoactive effects. Cigarette smoking has been associated with an increased risk of adrenal cancer, including adrenal adenomas and adrenocortical carcinomas. The carcinogens in tobacco smoke can damage the DNA in adrenal cells, leading to mutations that can cause cancer. For instance, in July 2022, according to Statistics Canada, a Canada-based government agency, cigarette production increased by 5.8% compared to June 2021. Additionally, the total number of cigarettes sold rose 1.3% from May 2022, reaching 1.4 billion in June 2022. Therefore, the rising cigarette smoking is driving the growth of the adrenal cancer diagnostics market.
Key Industry Players
Major companies operating in the adrenal cancer diagnostics market report are Johnson And Johnson Pvt Ltd., F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific, GSK PLC, AstraZeneca PLC, Abbott Laboratories, Siemens Healthcare GmbH, Becton Dickinson and Company, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Agilent Technologies, Hologic Inc., PerkinElmer Inc., Illumina Inc., Roche Diagnostics, BioMerieux SA, Sysmex Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Exact Sciences Corp., Natera Inc., Invitae Corporation, Qiagen NV, Guardant Health Inc., Foundation Medicine Inc., NanoString Technologies Inc., TRS Technologies Inc., Morgan Advanced Materials, APC International Ltd., Annon Piezo Technology Co. Limited
The adrenal cancer diagnostics market report table of contents includes:
1. Executive Summary
2. Adrenal Cancer Diagnostics Market Characteristics
3. Adrenal Cancer Diagnostics Market Trends And Strategies
4. Adrenal Cancer Diagnostics Market – Macro Economic Scenario
5. Global Adrenal Cancer Diagnostics Market Size and Growth
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31. Adrenal Cancer Diagnostics Market Other Major And Innovative Companies
32. Global Adrenal Cancer Diagnostics Market Competitive Benchmarking
33. Global Adrenal Cancer Diagnostics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Adrenal Cancer Diagnostics Market
35. Adrenal Cancer Diagnostics Market Future Outlook and Potential Analysis
36.Appendix
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