Oncology Molecular Diagnostics Market: Transforming Cancer Detection and Personalized Treatment
The global oncology molecular diagnostics market is experiencing remarkable growth, driven by the rising prevalence of cancer, increasing demand for personalized medicine, and continuous advancements in genomic technologies. Molecular diagnostics has revolutionized cancer detection and management by enabling clinicians to identify genetic mutations, biomarkers, and molecular signatures associated with various tumor types. This shift from conventional histopathology to genomic-driven insights is reshaping oncology care worldwide. Market Overview Oncology molecular diagnostics refers to laboratory techniques used to analyze biological markers in the genome and proteome to detect cancer. Unlike traditional diagnostic methods, molecular diagnostics provides detailed insights into tumor biology, enabling targeted treatment strategies. The growing burden of cancer globally is a primary factor fueling market expansion. According to global health estimates, millions of new cancer c...