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Classified in: Health, Covid-19 virus
Subject: MRR

Global Lung Cancer Diagnostics Strategic Analysis Report 2023: Market to Reach $4.7 Billion by 2030 - Increasing Prevalence and Incidence of Lung Cancer to Push the Demand for Early Diagnoses

DUBLIN, March 23, 2023 /PRNewswire/ -- The "Lung Cancer Diagnostics: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

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Global Lung Cancer Diagnostics Market to Reach $4.7 Billion by 2030

The global market for Lung Cancer Diagnostics estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$4.7 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030.

Imaging Tests, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$2.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sputum Cytology segment is readjusted to a revised 7.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $675 Million, While China is Forecast to Grow at 11.3% CAGR

The Lung Cancer Diagnostics market in the U.S. is estimated at US$675 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 11.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$675.7 Million by the year 2030.

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For more information about this report visit https://www.researchandmarkets.com/r/cefa4g

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