Kidney Cancer Diagnostics Market Size, Share, Industry Trends, Analysis, Demand and Top Players

PRESS RELEASE
Published November 8, 2023

Kidney Cancer Diagnostics Market report is useful to get answers for several questions that include but are not limited to; who will buy your product? Who are your ideal customer personas? How often will they buy? What do they need? What do they want, expect? The more answers means the more understanding. This will result directly in meeting the customer’s needs better than the competitors. Market research report helps to map out the full profile of an ideal customer and the knowledge of customers will help to determine the market size and what triggers them to buy. With market data from Kidney Cancer Diagnostics Market report, businesses gain valuable insights like their age, location, gender & income, which will help in creating effectively tailored marketing and pricing campaigns.

Kidney cancer begins when healthy cells in one or both kidneys change and grow uncontrollably, forming a mass called a cortical tumor. The tumor can be malignant, indolent or benign. Malignancy is cancer, which means it can grow and spread to other parts of the body. An indolent tumor is also cancer, but this type of tumor rarely spreads to other parts of the body. A benign tumor means that the tumor can grow but not spread.

Data Bridge Market Research analyzes that the kidney cancer diagnostics market is expected to reach a value of USD 16,862.32 million by 2030, at a CAGR of 6.4% during the forecast period. Imaging accounts for the largest test type segment in the market due to the rising demand for smart devices, and increasing health expenditure has accelerated the demand for smart medical devices.

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Kidney cancer, commonly known as renal cancer, is a condition in which kidney cells develop into malignant (cancerous) tumors and expand uncontrollably. One of the top 10 most prevalent cancers is kidney cancer. Kidney cancer is fatal, and the diagnosis process also has safety issues; it is not cost-effective. Cancer patients may be hospitalized and receive a variety of therapies, such as surgery, radiation therapy, and systemic therapy. About 40% of kidney growths are tiny, localized masses. Localized refers to a tumor that has not spread from its original location. Kidney masses cannot be detected with regular laboratory procedures. Diagnosis of kidney cancer includes biopsy procedures, blood tests, and Imaging tests. Advanced kidney cancer therapies, like immunotherapy, radiation therapy, etc., are advised. Due to cutting-edge methods, nonsurgical procedures like cryoablation (which freezes cancer cells) and radiofrequency ablation are sometimes used to treat minor kidney tumors (heat cancer cells).

Kidney cancer can be difficult to diagnose because, despite its wide range of signs and symptoms, they are non-specific and can be linked to other, more widespread medical conditions. More than 43,000 men and 25,000 women are diagnosed with kidney and renal pelvis cancer each year, and 9,000 men and 5,000 women pass away as a result of this illness. However, strict regulations and standards for the approval and commercialization of kidney cancer diagnostic products are expected to restrain market growth.

 Drivers

  • Growing Prevalence of Kidney Cancer

All ages can be affected by this type of cancer. Kidney cancer can be difficult to diagnose because, despite its wide range of signs and symptoms, they are non-specific and can be linked to other, more widespread medical conditions. Kidney cancer usually has no signs or symptoms in its early stages. Over time, signs and symptoms may occur, including blood in the urine, which may appear pink, red, or cola-colored, back or side pain that does not go away, loss of appetite, unexplained weight loss, fatigue, and fever. In adults, kidney cancer is the most common type of cancer. Young children are more likely to develop a type of kidney cancer called Wilms tumor. Renal cancer (also known as kidney cancer or renal cell adenocarcinoma) is the 14th most common cancer worldwide. It is 9th among men and 14th among women. In 2020, more than 30,000 new cases of kidney cancer were diagnosed.

Due to various risk factors such as smoking, obesity, high blood pressure (hypertension) or family history of kidney cancer, patients with kidney cancer is rising globally and becoming a significant socio-economic issue. Thus the rising number of patients with kidney cancer increases the demand for kidney cancer diagnostics products which act as a driver in the global kidney cancer diagnostics market.

  • Increase in Diagnostic Procedures for Kidney Cancer

Techniques used to diagnose kidney cancer include ultrasound, computerized tomography (CT) scans, magnetic resonance imaging (MRI) and, sometimes, positron emission tomography (PET) scans. Treatment for kidney cancer with a slow growth rate may involve monitoring. Chemotherapy for malignant is occasionally combined with radiation therapy and stem cell transplant. The increasing cancer rates have been a boosting factor for the increasing diagnostic product approval.

Recent Developments

  • In November 2022, Koninklijke Philips N.V. announced the global launch of a next-generation compact portable ultrasound solution at the Radiological Society of North America (RSNA) annual meeting to bring the diagnostic quality associated with premium cart-based ultrasound systems to more patients. It is portable and versatile with good image quality or performance. It is Compatible with Philips ultrasound systems Affiniti and EPIQ transducer. This has helped the company to expand its product portfolio.

Some of the major players operating in the market are Siemens Healthcare GmbH, Koninklijke Philips N.V., FUJIFILM Corporation, Grail, Laboratory Corporation of America Holdings, Thermo Fisher Scientific, Myriad Genetics, Inc., CANON MEDICAL SYSTEMS CORPORATION, QIAGEN, Illumina Inc., Ambry Genetics, Invitae Corporation, General Electric Company, Centogene N.V., GenPath, Creative Diagnostics, GeneDx LLC, Blueprint Genetics Oy, BioVendor R&D, and CD Genomics, and BD, among others.

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Kidney Cancer Diagnostics Market Scope

Test Type

  • IMAGING TEST
  • BIOMARKER TEST
  • BLOOD TEST
  • BIOPSY
  • GENETIC TEST
  • OTHERS

On the basis of test type, the global kidney cancer diagnostics market is segmented into imaging, biomarker test, blood test, biopsy, genetic tests, and others.

Cancer Stage

  • STAGE I
  • STAGE II
  • STAGE III
  • STAGE IV

On the basis of cancer stage, the global kidney cancer diagnostics market is segmented into stage I, stage II, stage III and stage IV.

Tumor Type

  • RENAL CELL CARCINOMA
  • CLEAR CELL RENAL CELL CARCINOMA
  • NON-CLEAR CELL RENAL CELL CARCINOMA

On the basis of tumor type, the global kidney cancer diagnostics market is segmented into renal cell carcinoma, Clear cell renal cell carcinoma, and non-clear cell renal cell carcinoma.

Product

  • PLATFORM BASED PRODUCTS
  • INSTRUMENT BASED PRODUCTS
  • KITS AND REAGENTS
  • OTHER CONSUMABLES

On the basis of product, the global kidney cancer diagnostics market is segmented into instrument-based products, platform-based products, kits and reagents, and other consumables.

Technology

  • FLUORESCENT IN SITU HYBRIDIZATION
  • NEXT GENERATION SEQUENCING
  • FLUOROIMMUNOASSAY
  • COMPARATIVE GENOMIC HYBRIDIZATION
  • IMMUNOHISTOCHEMICAL
  • OTHERS

On the basis of technology, the global kidney cancer diagnostics market is segmented into fluorescent in situ hybridization, next-generation sequencing, fluorimmunoassay, comparative genomic hybridization, immunohistochemical, and others.

Application

  • SCREENING
  • DIAGNOSTIC AND PREDICTIVE
  • PROGNOSTIC
  • RESEARCH

On the basis of application, the global kidney cancer diagnostics market is segmented into screening, diagnostic and predictive, prognostic, and research.

End User

  • HOSPITALS
  • CANCER RESEARCH CENTERS
  • ACADEMIC INSTITUTES
  • DIAGNOSTIC CENTERS
  • AMBULATORY SURGICAL CENTERS
  • OTHERS

On the basis of end users, the global kidney cancer diagnostics market is segmented into hospitals, diagnostic centers, cancer research centers, academic institutes, ambulatory surgical centers, and others.

Distribution Channel

  • DIRECT TENDERS
  • RETAIL SALES
  • OTHERS

Key Advantages of the Report: 

  • This study provides an analytical overview of the industry, including current trends and future predictions to identify potential investment opportunities.
  • The report offers insights into key drivers, limitations, and prospects, along with a comprehensive market share analysis.
  • The report quantitatively assesses the current market, shedding light on its growth prospects.
  • A Porter’s five forces analysis gauges the bargaining power of buyers and suppliers in the market.
  • The report delivers an in-depth market analysis that considers competitive dynamics and forecasts the future competitive landscape.

What to Anticipate from the Report – A 7-Point Guide:

  • The report delves into the holistic strategy and innovation within the market ecosystem.
  • It highlights prominent market drivers and obstacles, providing clarity on technological standardization and regulatory frameworks.
  • The report evaluates various implementation models and examines numerous use cases.
  • Serving as a valuable resource, the report offers essential industry insights, showcasing information on new investments, stakeholders, relevant contributors, and market participants.
  • Through the forecast period, the report conducts a thorough market analysis, referencing historical developments, ongoing events, and future growth prospects.

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