Next Generation Cancer Diagnostics Market Size, Share, Growth Analysis, By Technology(Next-generation Sequencing, qPCR & Multiplexing, Lab-on-a-chip (LOAC) & Reverse Transcriptase-PCR (RT-PCR), Protein Microarrays), By Application(Biomarker Development, CTC Analysis, Proteomic Analysis, Epigenetic Analysis), By Cancer Type(Lung, Breast, Colorectal, Cervical), By Function(Therapeutic Monitoring, Companion Diagnostics, Prognostics, Cancer Screening), By Region - Industry Forecast 2024-2031

In June 2024, ASCO Annual Meeting – Massive Bio, a renowned leader in AI-driven oncology solutions and Mika Health, the premier oncology digital therapeutic platform, announced a partnership to significantly expand patient access to psycho oncology services, next-generation sequencing (NGS) biomarker testing, and clinical trials. This collaboration will expand free patient access to Mika’s Digital Therapeutic to treat oncology specific fatigue, anxiety and depression as well as accelerate early access to the right on-market or investigative treatment and appropriate testing at the right time through Massive Bio’s platform. 

In April 2024, Hartwig Medical Foundation, a pioneer in deploying complete genomic profiling to improve oncology outcomes, and Ultima Genomics, a developer of a revolutionary new ultra-high throughput next-generation sequencing (NGS) architecture, today announced the deployment of Ultima’s UG 100 sequencing system and its proprietary ppmSeq technology for improving precision oncology testing and research. This collaboration aims to reduce test costs and make complete genome-based cancer diagnostics accessible for more patients to have better informed cancer treatment. 

In March 2024, Next-Generation Cologuard Surpasses FIT for Colorectal Cancer Detection in Pivotal BLUE-C Trial. The multitarget next-generation stool DNA test Cologuard Plus demonstrated sensitivity of 94% for colorectal cancer (CRC) at a specificity of 91% for advanced neoplasia in a cohort of 20,000 adults aged 40 years and older at average risk who were undergoing routine screening colonoscopy. 

In October 2023, Next-Generation Cologuard Improves Colorectal Cancer Detection, False Positive Rates in BLUE-C. A next-generation, multitarget stool DNA test—that which combines a trio of novel methylated DNA markers and fecal hemoglobin for the screening of average-risk colorectal cancer (CRC)—provided improved sensitivity scores for the detection of any CRC versus standard fecal immunochemcial test (FIT), according to new data.