U.S. Solid Tumor Testing Market is Projected to Grow at a CAGR of 5.91% during FY 2020-30

FREMONT, Calif. - July 16, 2020 - PRLog -- According to the study published by BIS Research, the U.S. solid tumor testing market (https://bisresearch.com/industry-report/us-solid-tumor-testing-market.html) is projected to reach $15,396.4 million by 2030 from $8,179.7 million in 2019, at a CAGR of 5.91% during the forecast period 2020-2030.

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Among the top five contributors to the U.S. solid tumor testing market, the state of California exhibited dominance in both market share and growth. According to the American Cancer Society, California is estimated to have large number of new cases of cancer along with huge numbers of deaths from the disease in 2020. In addition, California recorded the highest prevalence of solid tumors in 2017, at almost 11.25% of the overall solid tumor prevalence in the country. As a result, testing volume and consequently spending for solid tumor testing services is significantly higher than all other states in California currently.

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Key questions answered in the report

·         What are the major market drivers, challenges, and opportunities in the U.S. solid tumor testing market?

·         What are the key development strategies which are implemented by the major players in order to sustain in the competitive market?

·         Which is the dominant product type developed by the leading and emerging players for the diagnosis of solid tumors?

·         Have been used by leading players in the U.S. market for the development of diagnostic solutions for solid tumors?

About BIS Research:

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

What distinguishes BIS Research from the rest of the players is that we don't simply provide data but also complement it with valuable insights and actionable inputs for the success of our clients.