What Is the Growth Potential of Oncology Diagnostics in In Vitro Diagnostics?

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Overview

Oncology diagnostics in IVD (In Vitro Diagnostics) is witnessing a lucrative growth rate, with drivers including an increase in cancer incidences, technological developments in diagnostic tests, an increase in screening tests, and supportive government initiatives. Owing to the intense competition in this space, most prominent companies are investing heavily to create new diagnostic tests.

  • Why is colorectal cancer (CRC) the leading revenue generator in oncology diagnostics?
  • Why are liquid biopsies set to be a promising advancement for oncology diagnostics?
  • Why has biomarker analysis received significant interest in oncology diagnosis?

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