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Pancreatic Cancer Diagnostic Market Trends

Report ID: GMI9826
Published Date: Jun 2024
Report Format: PDF

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Pancreatic Cancer Diagnostic Market Trends

The global rise in healthcare spending stimulates the market by allocating resources to advanced diagnostic tools and technologies. This financial commitment enables healthcare providers to adopt cutting-edge solutions, improving the standard of care. Moreover, increased funding also supports ongoing research, fostering innovation in diagnostics.
Therefore, healthcare spending directly enhances the accessibility of advanced diagnostic options for pancreatic cancer worldwide.
Further, growing awareness about early detection's critical role in improving pancreatic cancer outcomes is prompting increased screening uptake and more rigorous diagnostic protocols.
Campaigns and education emphasize that early diagnosis significantly boosts treatment success and survival rates. Thus, there's a rising demand for reliable diagnostics, propelling the market's growth. This underscores the pivotal role of education in fostering proactive health approaches and early intervention against pancreatic cancer.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Pancreatic cancer diagnostic industry size was worth USD 6 billion in 2023 and will expand at an 9.1% CAGR between 2024 and 2032 owing to rising incidence of pancreatic cancer worldwide and ongoing R&D efforts to improve diagnostic methods.

The imaging test segment in the pancreatic cancer diagnostic industry registered USD 2.2 billion in 2023, propelled by the critical role imaging plays in early and accurate detection of pancreatic cancer coupled with non-invasive nature and increasing accessibility of these imaging modalities.

North America pancreatic cancer diagnostic industry will record USD 4.7 billion by 2032 due to the region's advanced healthcare infrastructure, widespread adoption of advanced diagnostic technologies and government initiatives promoting cancer awareness.

Key players operating in the pancreatic cancer diagnostic industry are Abbott Laboratories, Agilent Technologies, Inc., ASURAGEN, INC., Becton, Dickinson and Company, Canon Inc., Danaher Corporation, F. Hoffmann-La Roche Ltd., GE HealthCare Technologies Inc., Hitachi, Ltd., Illumina, Inc., Myriad Genetics, Inc., and Prestige Biopharma Limited (PBP), among others.