The global ovarian cancer diagnostics market size is expected to reach USD 6.46 billion by 2030, registering a CAGR of 5.0 % from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to an increase in the prevalence of ovarian cancer and emergence of novel diagnostic products. As of 2018, ovarian cancer had the highest mortality rate of all gynecologic cancers. It accounted for nearly 14,000 deaths in the U.S. in 2018. No specific symptoms render early diagnosis of the disease increasingly difficult. The exact causative factors remain unknown, creating a key unmet need for further research to obtain clarity on the underlying molecular mechanisms.
Women aged 60 years above have a higher predisposition to it. As it is often diagnosed in advanced stages, treatment options are limited. Moreover, on the basis of race, incidence rates were higher among Caucasian women than African-American women. The International Federation of Gynecology and Obstetrics (FIGO) system is used for staging ovarian cancer. Staging process helps identify ovarian tumors, calculate their size, and detect invasion metastasis.
Early detection and diagnosis significantly improve patient survival rates. For instance, in case of epithelial tumors, patients with stage 1 ovarian cancer have a survival rate of nearly 90%, whereas patients with stage 4-the most advanced phase-have a mere 15% survival rate. Technological advancements in PET and MRI as well as in diagnosis of BRCA mutations have positively impacted market growth.
The diagnostic landscape is gradually shifting toward genetic testing and counseling. As the disease bears a high risk of inheritance of gene mutation, guidelines pertaining to ovarian cancer diagnostics recommend all patients to undergo genetic counseling and testing. Earlier, BRCA1/2 was the most prominent test; however, advancements in medical science have now made it possible to test more than 20 genes in each patient.
Ovarian Cancer Diagnostics Market Report Highlights
- Epithelial tumor held the largest market revenue share in 2023. According to National Library of Medicine, epithelial ovarian tumors, the most common type of ovarian cancer, account for about 95% of all ovarian cancer cases.
- The imaging segment held the largest market revenue share in 2023. Advances in imaging technologies, including MRI, CT, and ultrasound, have revolutionized the early detection of ovarian cancer, significantly enhancing their adoption in diagnostic protocols.
- The hospital laboratories segment held the highest market revenue share in 2023. Hospitals often collaborate with diagnostic companies, research institutions, and pharmaceutical companies to enhance diagnostic capabilities and develop innovative diagnostic tools for ovarian cancer.
- North America ovarian cancer diagnostics market held the largest share of 40.4% in 2023. High healthcare expenditure in North America is driving investments towards advanced diagnostic technologies and infrastructure within cancer diagnostic centers.
Ovarian Cancer Diagnostics Market Segmentation
Grand View Research has segmented the ovarian cancer diagnostics market on the basis of on cancer, diagnosis, end-use, and region:
Ovarian Cancer DiagnosticsOvarian Cancer Diagnostics Cancer Outlook (Revenue, USD Billion, 2020 - 2030)
- Epithelial Tumor
- Germ Cell Tumor
- Stromal Cell Tumor
- Others
Ovarian Cancer Diagnostics Diagnosis Outlook (Revenue, USD Billion, 2020 - 2030)
- Imaging
- Ultrasound
- CT Scan
- MRI Scan
- PET Scan
- Others
- Blood Test
- CA125
- HER2
- BRCA
- CEA
- ER PR
- KRAS Mutation
- Others
- Biopsy
- Others
End-use Outlook (Revenue, USD Billion, 2020 - 2030)
- Hospital Laboratories
- Cancer Diagnostic Centers
- Research Institutes
- Others
Regional Outlook (Revenue, USD Billion, 2020 - 2030)
- North America
- US
- Canada
- Mexico
- Europe
- Uk
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Latin America
- Brazil
- Argentina
- Middle East and Africa (MEA)
- UAE
- South Arabia
- South Africa
- Kuwait
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