Cancer Biopsy Market Worth $44.51 Billion By 2027 | CAGR: 11.13%
Cancer Biopsy Industry Overview The global cancer biopsy market size is expected to reach USD 44.51 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 11.13% from 2021 to 2027. The expanding landscape of molecular medicine paved the way for the development of new devices for the molecular characterization of cancers. Thus, increasing adoption and product approvals for liquid biopsies are expected to drive the overall market. Cancer Biopsy Market Segmentation Grand View Research has segmented the global cancer biopsy market on the basis of product, type, application, and region: Based on the Product Insights, the market is segmented into Instruments, Kits and Consumables, Services. Kits and consumables accounted for the largest revenue share of over 60.0% in 2020 as these are integral across various stages of biopsies. The segment growth can also be attributed to a considerable increase in the number...