Ovarian Cancer Diagnostics Market is Segmented By Diagnosis Type (Imaging, Blood Test, Biopsy, others), By Cancer Type (Epithelial Tumor, Stromal Cell Tumor, Germ Cell Tumor, Others), By End-User (Hospitals, Cancer Diagnostic Centers, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.
The Ovarian Cancer Diagnostics Market size was valued US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of 6.8% during the forecast period (2022-2029).
Ovarian cancer is the abnormal development of cells in the ovaries. The cells reproduce rapidly and can penetrate and destroy healthy body tissue. Patients with Epithelial ovarian cancer, Stromal tumors, and Germ cell tumors have different types of ovarian cancer depending on the type of cell where cancer starts. These tests and methods are used to detect ovarian cancer early on.
Ovarian Cancer Diagnostics Market
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Metrics |
Details |
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Market CAGR |
6.8% |
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Segments Covered |
By Diagnosis Type, By Cancer Type, By End-User, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
Ovarian Cancer Diagnostics Market Dynamics
A novel biosensor for monitoring ovarian cancer tumors is expected to drive market growth.
Carcinoma antigen 125 (CA 125) has been identified as a clinical glycoprotein/biomarker for ovarian cancer early diagnosis. As a result, accurate CA 125 assessment is critical for cancer diagnosis and management. A new biosensor was developed to detect the CA 125 biomarker in human plasma samples. The anti-CA 125 antibodies were bound on the surface of a matrix containing Ag–DPA–GQD conductive nano-ink modified CysA–Au NPs (silver nanoparticles placed on D-penicillamine-functionalized graphene quantum dots). Field emission scanning electron microscopy (FE-SEM) and energy dispersive spectroscopy examined the electrode's surface morphology (EDS). Transmission electron microscopy examined the nano-ink production (TEM) mechanism. Differential pulse voltammetry (DPV) was also used to track the creation of an antigen-antibody complex. For detecting the CA 125 biomarker, the designed immunosensor performed well, with excellent specificity and sensitivity. Therefore, based on the results, it is concluded that this immunosensor promisingly has the potential to be employed in the early detection of ovarian cancer in clinical studies.
COVID-19 Impact Analysis
The COVID-19 pandemic has adversely impacted healthcare systems and the market. The oncology community faces unprecedented challenges as the world grapples with the coronavirus illness catastrophe of 2019. Patients with ovarian cancer (OC) have been affected by a delay in diagnosis, surgery, chemotherapy, radiation therapies, and oncology follow-ups conducted by telemedicine rather than in-person appointments during this difficult period. OC patients and their doctors weigh the risks of COVID-19 and cancer treatment against postponing cancer treatment. Women with OC have reported higher levels of cancer fear, anxiety, and depression due to the delay in treatment therapy.
Moreover, traveling to clinics can increase social contact, making these patients more prone to SAR-CoV-2 infection than the general population, which can better quarantine at home. As a result of the COVID-19 pandemic's reduced access to care, the work-up process has slowed even more. There has been a significant decrease in the number of urgent referrals. Furthermore, because of the pandemic's rapid progression in the months following its emergence, physicians and hospitals quickly respond to the crisis and establish a recovery plan to address patient diagnosis and management challenges.
Segment Analysis
Imaging segment is expected to hold the largest market share in ovarian cancer diagnostics market
The imaging segment is expected to dominate in 2020. The segment's growth benefits because of the growing importance of early cancer detection and staging. Imaging diagnostics are critical in diagnosing and treating ovarian cancer because they allow doctors to see hoOvarian Cancer Diagnostics Marketw far the tumors have progressed. The primary imaging tool for viewing and measuring the size of a tumor internally is still transvaginal ultrasonography. Although CT scans are preferable for cancer staging, they are only appropriate for tiny tumors. More advanced imaging techniques such as MRI and PET scans are performed to detect metastases and the severity of the disease. Therefore, it has increased the demand for diagnostic imaging, due to which the market segment is expected to hold the largest market share in the forecast period.
Ovarian Cancer Diagnostics Market Geographical Analysis
North America region holds the largest market share in the global ovarian cancer diagnostics market
In 2020, North America accounted for the highest revenue share. The increasing prevalence of ovarian cancer, rising geriatric population, rising awareness, favorable government initiatives, and prominent players in the region are some of the factors the market is expected to boost in the forecast period. For instance, according to NCI's Surveillance, an estimated 21,410 women in the United States will be diagnosed with ovarian cancer, and 13,770 are expected to die from the disease in 2021. In contrast, according to the American Cancer Society estimates for ovarian cancer in the United States, by 2022, about 19,880 women will receive a new diagnosis of ovarian cancer, and about 12,810 women will die from ovarian cancer.
Moreover, cancer mainly develops in older women. About half of the women diagnosed with ovarian cancer are 63 years or older. It is more common in white women than African American women. The American Association for Cancer Research (AACR) hosted the AACR Virtual Special Conference on Ovarian Cancer in September 2021. The American Association for Cancer Research is dedicated to assisting the ovarian cancer workforce and people living with ovarian cancer. The AACR's Biennial Special Conference on Ovarian Cancer will be held for this year's seventh time, and September is Ovarian Cancer Awareness Month. Thus, the North American region is expected to hold the largest market share in the forecast period from the above statements.
Ovarian Cancer Diagnostics Market Competitive Landscape
Major key players in the ovarian cancer diagnostics market are F. Hoffmann-La Roche Ltd., Siemens Healthcare GmbH, Quest Diagnostics Incorporated, Thermo Fisher Scientific, Abbott, Myriad Genetic Laboratories, Inc., Foundation Medicine, Inc. and Laboratory Corporation of America Holdings.
Frequently Asked Questions
What is the Projected CAGR value of the Ovarian Cancer Diagnostics Market?
Ovarian Cancer Diagnostics Market is expected to grow at a CAGR of 6.8% during the forecasting period 2022-2029.
Which region controlled the global market during 2022-2029?
North America region Controls the Ovarian Cancer Diagnostics Market during 2022-2029
Which is the fastest growing region in the Ovarian Cancer Diagnostics Market?
Among all regions, Asia Pacific is the fastest growing market share during the forecast period
