Tumor Profiling Market Share Analysis

Industry Share & Competitive Positioning in Tumor Profiling

Key Companies Driving Growth in the Tumor Profiling Market

February 16, 2025

250 pages

Healthcare

Animal Health Devices

Sabyasachi Ghosh

Key Statistics

Industry Size (2025): USD 11.9 Bn
CAGR: 8.3% (2020 to 2025)

Methodology

Tumor Profiling Market Size and Share Forecast Outlook From 2025 to 2035

The tumor profiling market continues to flourish under the leadership of top players like Thermo Fisher Scientific, Bio-Rad Laboratories, F. Hoffmann-La F. Hoffmann-La Roche AG Ltd, Agilent Technologies and Illumina. The market concentration remains medium-to-high with substantial growth potential observed due to acceptance of personalized medicine and oncology diagnostics which are gaining more importance. Progress in sequencing, biomarker discovery, and targeted therapies have been contributing to innovation and expansion opportunities for existing companies.

The global tumor profiling market is predicted to reach about USD 11.9 billion by 2025, achieving a CAGR of 8.3% throughout the period, from 2020 to 2025. Key drivers for its growth include increases in the number of personalized treatments, the fast-growing incidence rates of cancer cases, and sophisticated diagnostic technologies that improve precision oncology solutions. Oncomine Comprehensive Assay Plus, for example, is from Thermo Fisher Scientific, marketed in 2023, through which detailed diagnosis is achieved about the tumor's characteristics.

Attribute	Details
Estimated Value by 2025	USD 11.9 Billion
CAGR during the period 2020 to 2025	8.3%

Market Overview for Tumor Profiling Market

The momentum of personalized medicine and continued progress in the field of oncology diagnostics continues to fuel growth in the market for tumor profiling. Breakthrough innovations in sequencing technologies, improvements in biomarker discovery, and the development of targeted therapy solutions shape the industry. According to WHO, there were more than 19 million new cancer cases in 2022, underlining the critical need for advanced solutions in tumor profiling.

Key Growth Drivers in the Tumor Profiling Market

Technological Innovations in Sequencing: Technological advances in sequencing-Advancements in sequencing technologies make it faster and cheaper to conduct tumor analysis worldwide. The release of Illumina's "NovaSeq X" series in late 2022 highlights increased speed and accuracy in sequencing.
Rise of Personalized Medicine: Tumor profiling fuels the move to tailor-made therapy. This aspect raises demand in the area of oncology because it aids the oncologists to select therapies more precisely in individual cancer profiles, on the basis of specific genetic mutations and molecular biomarkers.
Improved Biomarker Discovery: The search for and validation of new biomarkers improve the earlier detection and exact cancer treatment. VEGF biomarkers, for example, greatly affect treatment decisions as it evaluates tumor angiogenesis.
Targeted Therapy Development: Increased demand for efficacious cancer therapies continues to solidify the position of tumor profiling technologies in contemporary cancer care.

Global Market Share of Tumor Profiling Industry, 2025

Category	Industry Share (%)
Top 3 Companies (Illumina, Thermo Fisher Scientific, F. Hoffmann-La Roche AG)	45.2%
Rest of Top 5 (Agilent Technologies, Bio-Rad Laboratories)	20.3%
Others	34.5%

Type of Players

Top 10 Players: 70.7%
Rest of Top 20 Players: 13.4%
Rest: 15.9%

Key Tumor Profiling Market Players and Concentration

Concentration Level	Description
Medium Concentration	The top 10 players, which include Illumina, F. Hoffmann-La Roche AG, and Thermo Fisher Scientific, are those with the best financial robustness and consistent innovation in diagnostic tools. Product diversity among market leaders is seen through Thermo Fisher's "Oncomine Dx Target Test.".
Expansion Opportunities	The smaller firms, which accounted for 40% of market share, focus on partnerships and acquisitions and, in some innovative niches such as liquid biopsies-a platform like "Galleri", developed by the firm Grail-to gain strategic advantage.

Year-over-Year Leaders in the Tumor Profiling Market

Company	Key Development
Agilent Technologies	Advanced precision oncology diagnostics, such as "SureSelect Cancer All-In-One Panel," can provide all-round cancer profiling.
Bio-Rad Laboratories	Next-generation sequencing platforms expanded with technologies like "Droplet Digital PCR" for highly sensitive mutation detection.
Illumina	Strengthened its portfolio by acquiring GRAIL, expanding capabilities in liquid biopsy for early cancer detection.
F. Hoffmann-La Roche AG	Enhanced Biomarker-Driven Diagnostics with Solutions such as 'Ventana MMR IHC Panel' for Targeted Therapy Optimization"
Thermo Fisher Scientific	Innovated with the "Ion Torrent Genexus" system for same-day results, advancing diagnostic precision in oncology.

Technology Trends in the Tumor Profiling Market

Next-Generation Sequencing (NGS): NGS enhances accuracy, speed, and cost-effectiveness, allowing for comprehensive tumor profiling and accurate mutation identification, which supports personalized treatments.
Liquid Biopsy: Liquid biopsy involves the analysis of blood samples for circulating tumor DNA, which provides non-invasive, early cancer detection and real-time monitoring of therapy effectiveness.
Artificial Intelligence (AI): AI and machine learning improve data analysis, thereby enhancing diagnostic accuracy, interpretation of genetic data, and personalized treatment plans.
Multi-Omics Approaches: Integrating genomics, proteomics, and metabolomics provides comprehensive insight, which may enable precise targeted therapies based on various molecular factors.

End-User and Regulatory Insights for the Tumor Profiling Market

End-User Trends

Academic and Research Institutions: Investing heavily investment in tumor profiling technologies to push cancer research forward, including genetic aberration studies and innovative treatment plans.
Oncology Diagnostic Laboratories: Tumor profiling tools gain increased acceptance in the field, allowing for more timely and accurate diagnostic reports and, thus, better treatment choices.
Pharmaceutical and Biotechnology Companies: Tumor profiling in drug discovery and clinical trials to find new therapeutic targets and develop personalized therapy.
Hospitals and Clinics: Integration of tumor profiling into routine diagnostics for more personalized and targeted treatment options, thereby improving patient care and outcomes.

Regulatory Impacts

North America: FDA clearances for NGS platforms and liquid biopsy tests promote personalized medicine. Cancer Moonshot initiative drives market growth and confidence.
Europe: IVDR’s stricter approval processes improve test quality and safety, boosting adoption. Horizon Europe funding accelerates oncology technology.
APAC: Japan and China expedite diagnostics approvals, fostering market growth. China’s NGS panel approval strengthens cancer care initiatives.
ROW: Updates in regulations from Brazil and Sub-Saharan Africa bring a new market, expanding access to molecular diagnostics.

Challenges and Opportunities in the Tumor Profiling Market

Challenges

High Costs: The cost-effectiveness of the tumor profiling test, which could be as high as USD 3,000 to USD 10,000, restricts availability in under-funded regions.
Regulatory Complexities: Complexity in regulatory procedures and approval process in various geographies may hamper the availability and acceptance of newer diagnostic technologies.
Limited Awareness in Emerging Markets: Inadequate awareness and lack of infrastructure in developing regions impede the penetration of advanced tumor profiling technologies.

Opportunities

Expansion in High-Growth Regions: The increasing healthcare investments in APAC and the rising incidence of cancer open opportunities to enter unpenetrated markets with region-specific solutions.
AI Integration for Enhanced Efficiency: Applying AI and machine learning to streamline diagnostic processes can help improve accuracy, operational efficiency, and minimize human error in tumor profiling.
Partnerships and Collaborations: Strategic partnerships with research institutions, tech companies, and industry players can accelerate product development and market penetration in emerging markets.

Regional Market Trends and Adoption Outlook for Tumor Profiling

Region	North America
Market Share (%)	45%
Highlights	Dominance through strong R&D investments and advanced infrastructure. NIH had a budget of 2 billion dollars in 2022 for precision medicine.

Region	Europe
Market Share (%)	30%
Highlights	Advanced healthcare systems ensure that Europe holds a dominant market share. In Germany, adoption of tumor profiling increased by 20% in 2022.

Region	APAC
Market Share (%)	20%
Highlights	Increasing healthcare investments and technology adoption provide significant growth. India saw a 25% CAGR in the use of liquid biopsy in 2023.

Region	ROW
Market Share (%)	5%
Highlights	While gradual, adoption initiatives aim to bolster profiling uptake. Sub-Saharan Africa integrated genomic profiling into large-scale trials for the first time.

End-Use Industry Segments in the Tumor Profiling Market

Hospitals: This segment constitutes 25% of the market, as more and more people are using tumor profiling in personalized cancer treatment and diagnosis.
Oncology Clinics: The market share is 22% as these clinics use tumor profiling to increase the accuracy of treatment and provide targeted therapies.
Research Institutions: This segment constitutes 16% of the market, as research institutions use tumor profiling for clinical trials and to understand the mechanisms of cancer to advance scientific knowledge.
Diagnostic Laboratories: The company holds 30% of the market share, with growing demand for genetic and molecular testing services used in cancer diagnosis and monitoring.

Market KPIs for the Tumor Profiling Market

Market growth, adoption rate of advanced diagnostic techniques, customer retention, technological advancements in profiling tools, and regional revenue contribution are the key performance indicators.

Key Contributors Who Shaped the Tumor Profiling Market in the Year

Illumina: With NGS, Illumina currently enjoys its strongest market lead to date.
Thermo Fisher: Thermo Fisher Enhances Its Presence with an Expanded Molecular Diagnostics Portfolio and Global Partnerships.
F. Hoffmann-La Roche AG: F. Hoffmann-La Roche AG: Enhances market penetration through integrated diagnostic platforms that deliver the right tumor profiling results.

Tier-Wise Company Classification for Tumor Profiling Market, 2025

Tier	Tier 1
Market Share (%)	50%
Key Companies	The firms leading this segment include those such as Illumina, F. Hoffmann-La Roche AG, and Thermo Fisher. F. Hoffmann-La Roche AG effectively integrates AI diagnostics into its solutions.

Tier	Tier 2
Market Share (%)	30%
Key Companies	Agilent Technologies and Bio-Rad Laboratories Expand through Strategic Advances in Oncology Agilent Expands Emphasis on Rapid Assay Diagnostics.

Tier	Tier 3
Market Share (%)	20%
Key Companies	Emerging entities use low-cost innovation to carve niches, such as South Korea's genome analysis solutions.

Strategic Advice for Industry Players in the Tumor Profiling Market

Form strategic collaborations to foster rapid innovation and market penetration: Partner with research institutes, tech companies, or other key players in the industry to speed up product development, upgrade R&D capabilities, and reach new markets. Strategic partnerships are formed for fast adaptation to changes in the market and technology for increased opportunities to introduce new products and enter new markets.
Invest in high-growth regions like APAC to capitalize on untapped potential: Invest in high-growth regions such as APAC, to tap on latent potential
Target high-growth regions such as APAC, which are providing immense growth opportunities due to rising healthcare investments and cancer cases. Concentrate on the areas where advanced cancer diagnostics penetration is low, and expand your footprint, develop localized solutions, and secure early-mover advantages in the underserved markets.
Leverage AI and machine learning to enhance accuracy and operational efficiency: Integrate AI and machine learning in tumor profiling to improve the precision of diagnostics, accelerate the processing of data, and make better decisions. Streamline workflows, reduce human error, and enable more personalized and cost-effective treatments, improving operational efficiency and scalability.

Future Roadmap for the Tumor Profiling Market

Tumor Profiling Market growth will be relatively rapid and increasing due to genomic technological advancements, increased adoption of personal medicine, and AI-based diagnostics. Adoption rates of NGS and liquid biopsy technologies are driving a revolution in cancer care - precise treatment means better outcomes.

Conclusion for the Tumor Profiling Market

The tumor profiling market is transforming rapidly with innovative technologies such as Next-Generation Sequencing (NGS), liquid biopsy, and AI technologies. These developments are driving precision medicine in oncology, increasing the accuracy of diagnosis, and enabling more precise treatments.

Rising cancer prevalence, increased investments in personalized therapies, and expanding regulatory approvals are propelling the market. As demand for accurate and cost-effective solutions increases, this market offers huge opportunities, particularly in emerging regions like APAC.

Appendix for the Tumor Profiling Market

Definition:

The tumor profiling market includes diagnostic techniques that identify genetic mutations, gene expression patterns, and other molecular biomarkers in cancerous tissues. It has several important product segments, which include:

DNA Profiling: Analyzes gene mutations and alterations.
RNA Profiling: Focuses on gene expression to understand tumor behavior.
Protein Profiling: Measures specific proteins involved in tumor progression.

Research Methodology:

This report combines primary and secondary research. Primary data comes from industry expert interviews, while secondary data is derived from market reports, government publications, and company filings.