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A detailed abstract of cancer diagnostics industry in terms of competitive landscape, global industry valuation to exceed USD 156 billion by 2024

With the increased emphasis of healthcare fraternity on deepening the understanding of genomics and bioinformatics, cancer diagnostics industry has certainly emerged as one of the most enterprising verticals of medical space. The rapid advances being made in diagnostics technology have led to overwhelming expectations about the future of early cancer detection, precise diagnosis, targeted therapy, and surveillance after treatment. Owing to the increased deployment of these technological innovations across healthcare institutions world over, cancer diagnostics industry has been gaining massive momentum in the recent years. In fact, according to a study undertaken by Global Market Insights, Inc., the overall remuneration portfolio of cancer diagnostics market stood at over USD 84 billion in 2016.

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