Report Description Table of Contents The global brain tumor diagnosis and therapeutics market was worth USD 5.5 billion in 2023 and is expected to reach USD 9.7 billion by 2030 with CAGR of 8.3%. This growth is due to the rising cases of brain tumors, the general increase in health care costs, and improvement to the techniques used in the treatment of brain tumors. Brain tumors are a complicated medical problem that necessitates the use of sophisticated diagnostics and treatment strategies. It can be either cancerous or noncancerous and can be predicted with simple symptoms such as headaches, nausea, or even advanced neurological deficits. The global brain tumor diagnosis and therapeutics market is growing rapidly because of enhanced diagnostic imaging techniques, personalized medicine, and new treatment opportunities, including targeted therapy and immunotherapy. Market Dynamics (Forces Shaping the Future: Key Drivers in the Brain Tumor Diagnosis Market) Rising number of Brain Tumor cases The WHO estimates that 308,102 new cases of brain and central nervous system tumors were diagnosed in 2020, and more than 251,000 deaths occur annually due to these tumors. The increasing incidence has thus called for early diagnosis and efficient intervention therapy. Diagnostic Imaging and Technologies Modern diagnosis methods include MRI, CT scan, and PET imaging, which have been developed to detect brain tumors. For instance, the application of 7T MRI scanners has enhanced tumor images and led to improved early diagnoses. Increasing Usage of Targeted Medications and Immunotherapy Bevacizumab (Avastin) and Temozolomide have been approved as treatments for glioblastoma, the most deadly type of brain tumor. Perhaps there is no field in modern oncology that has such tremendous potential as immunotherapy, including checkpoint inhibitors and CAR-T cell therapy, which are also effective in clinical trials. Higher Current and Anticipated Healthcare Costs and Health Illiteracy Increased healthcare expenditures in various parts of the developing world and newly launched awareness campaigns are promoting early diagnosis. For instance, in the year 2023, the National Brain Tumor Society in the United States launched the Global Awareness and Research Funding Campaign. The Convergence of Technology and Treatment: Opportunities in Advanced Neuro-Oncology New Directions in Emerging Markets: Asia-Pacific Newer markets such as India and China are experiencing growth in healthcare investment and infrastructure, hence experiencing a boost in the diagnostic and treatment of brain tumors. For instance, it has been projected that the healthcare market of India will reach about $372 billion by the year 2030 through policies such as Ayushman Bharat. Application of Artificial Intelligence (AI) in Diagnostic Machine learning algorithms, including those by the California-based Zebra Medical Vision, are already being employed to analyze brain imaging information with improved speed and precision. The field of Personalized Medicine and Biomarker Research Genomic and proteomic improvements have produced biomarkers of the disease, including EGFR and MGMT, which have led to the creation of more targeted treatments. Many of these innovations are expected to revolutionize the market by enhancing the efficacy of treatment while minimizing the side effects. High Costs, High Barriers: Addressing Financial Challenges in Brain Tumor Treatment Expensive diagnostic methods and cost of treatment The expenses related to diagnostic imaging and therapeutic procedures are still unaffordable to many patients. For instance, an MRI scan may cost between $1000 and $5000 in developed MS health facilities, while proton therapy costs above $100,000 for each patient. Reduced Opportunity to Receive Complex Medical Products in Emerging Markets In parts of Sub-Saharan Africa and some parts of South East Asia, the lack of health facilities and qualified personnel poses a major challenge for brain tumor diagnosis and treatment. From Imaging to Intervention: Exploring the Market's Key Segments By Diagnosis Type Imaging Techniques MRI (Magnetic Resonance Imaging) CT (Computed Tomography) PET (Positron Emission Tomography) Other Imaging Techniques Biopsy Molecular Diagnostics By Therapeutics Type Surgery Radiation Therapy Chemotherapy Targeted Therapy Immunotherapy By Tumor Type Glioblastoma Meningioma Pituitary Tumors Astrocytomas Other Tumors By End User Hospitals Diagnostic Centers Ambulatory Surgical Centers (ASCs) Research Institutes By Region North America Europe Asia-Pacific Latin America Middle East & Africa Segment Analysis of Brain Tumor Diagnosis and Therapeutics Market By Diagnosis Type: Leading Segment: Imaging Techniques (MRI) MRI (Magnetic Resonance Imaging) is the leading segment in the brain tumor diagnosis market, holding the largest market share due to its non-invasive nature and high-resolution imaging capabilities. MRI plays a critical role in detecting, diagnosing & monitoring brain tumors, offering detailed images of soft tissues in the brain. It is widely used in both clinical and research settings for its accuracy in distinguishing between benign and malignant tumors. The global MRI market is valued at over 60% of the overall brain tumor diagnosis market. In 2024, it is estimated to contribute significantly, particularly in developed markets such as North America & Europe, where healthcare infrastructure supports advanced diagnostic technologies. Fastest-Growing Segment: Molecular Diagnostics Molecular diagnostics is the fastest-growing segment, expanding at a CAGR of 8-10%. This segment is driven by advancements in genetic profiling & biomarkers, allowing for more personalized and targeted diagnostic approaches. The ability to detect specific genetic mutations associated with brain tumors enables earlier diagnosis & better prognosis prediction. Molecular diagnostics is increasingly used alongside imaging techniques to offer a comprehensive view of tumor characteristics, thus boosting its demand in both research & clinical settings. By Therapeutics Type: Leading Segment: Surgery Surgery remains the leading therapeutic option in the treatment of brain tumors, making up the largest share of the therapeutics market. Surgical intervention is often the first line of treatment for accessible brain tumors, with the aim of removing or reducing tumor size. The segment is driven by advances in neurosurgical techniques, such as minimally invasive surgery and robot-assisted surgery, which improve outcomes and reduce recovery time. Surgery accounts for a major share due to its critical role in both diagnosis and treatment, particularly for tumors located in operable areas of the brain. Fastest-Growing Segment: Immunotherapy Immunotherapy is the fastest-growing segment within brain tumor therapeutics, with a CAGR of 15-17%. The rise in immunotherapy treatments, such as checkpoint inhibitors & vaccine-based therapies, is transforming the treatment landscape for brain tumors, particularly glioblastoma, which is often resistant to traditional therapies. Immunotherapy aims to enhance the body’s immune response to fight brain tumors more effectively, offering hope for patients with aggressive forms of brain cancer. Increased research investment, along with FDA approvals for certain immunotherapy drugs, is expected to drive significant growth in this segment. By Tumor Type: Leading Segment: Glioblastoma Glioblastoma is the leading tumor type in the brain tumor diagnosis and therapeutics market, occupying the largest market share. It is one of the most aggressive & common malignant brain tumors in adults. Glioblastoma accounts for approximately 50-60% of all primary brain tumors. The high mortality rate associated with glioblastoma, along with its resistance to conventional treatments, makes it the focal point for both diagnostic & therapeutic developments. The FDA has approved a new targeted drug specifically for low-grade gliomas. The drug, vorasidenib, was shown in clinical trials to delay the progression of low-grade gliomas with mutations in the IDH1 or IDH2 genes. Advances in targeted therapy, immunotherapy, and personalized medicine are crucial drivers for market growth in this segment. Fastest-Growing Segment: Meningioma Meningioma is the fastest-growing tumor type segment in the brain tumor market, growing at a CAGR of 6-8%. Meningiomas are more common than glioblastomas and are often benign, though they can cause significant symptoms due to their location. This growth is attributed to the increasing detection of meningiomas in early-stage patients, coupled with advances in non-invasive treatment methods, such as stereotactic radiosurgery. Rising awareness & advances in imaging technologies contribute to the growing diagnosis and treatment of meningiomas, driving the expansion of this segment. By End User: Leading Segment: Hospitals Hospitals represent the largest end-user segment for both brain tumor diagnosis and therapeutics, holding the majority of the market share. Hospitals are the primary treatment centers for patients undergoing surgery, radiation therapy, and chemotherapy for brain tumors. In addition, most diagnostic imaging procedures, such as MRIs and CT scans, are conducted in hospital settings. The extensive healthcare infrastructure & access to advanced technologies in hospitals continue to drive their dominance in the market. Fastest-Growing Segment: Ambulatory Surgical Centers Ambulatory Surgical Centers (ASCs) are the fastest-growing segment, with a CAGR of 10-12%. ASCs offer less expensive & more convenient treatment options for patients requiring minor neurosurgical interventions or follow-up treatments. The trend toward outpatient procedures & the rise in minimally invasive surgeries have contributed to the growth of this segment. ASCs are becoming an increasingly attractive option due to their ability to provide quality care at a lower cost, thereby driving demand in the brain tumor treatment market. By Region: Leading Region: North America North America holds the largest market share in the brain tumor diagnosis and therapeutics market, driven by the strong healthcare infrastructure, high investment in research & availability of advanced treatment options. The United States, in particular, is a leader in brain tumor research, with leading institutions and hospitals offering cutting-edge diagnostic and therapeutic services. The number of cancer survivors in the United States is expected to rise to more than 26 million by 2040. These trends reflect advances in cancer detection, diagnosis, and patient care that have resulted in people living longer, healthier lives than ever before. The increasing prevalence of brain tumors, coupled with government & private funding for research, further solidifies North America as the dominant region in the market. Fastest-Growing Region: Asia-Pacific The Asia-Pacific (APAC) region is the fastest-growing market for brain tumor diagnosis and therapeutics, with a CAGR of 7-9%. The increasing incidence of brain tumors in countries like China and India, along with improving healthcare infrastructure, is driving the market in this region. APAC is experiencing rapid advancements in diagnostic technologies & therapeutic techniques, and there is a growing demand for specialized brain tumor treatments due to rising awareness and a shift toward advanced healthcare services. Government initiatives aimed at increasing access to healthcare are also contributing to the growth of this segment in the region. Strategic Leaders: Key Players Advancing Brain Tumor Care Worldwide F. Hoffmann-La Roche Ltd. Novartis AG Merck & Co., Inc. Pfizer Inc. AstraZeneca PLC Bristol-Myers Squibb Company GE Healthcare Siemens Healthineers AG Elekta AB Brain Tumor Diagnosis and Therapeutics Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 5.5 billion Revenue Forecast in 2030 USD 9.7 billion Overall Growth Rate CAGR of 8.3% (2023 – 2030) Base Year for Estimation 2023 Historical Data 2018 – 2022 Unit USD Billion, CAGR Segmentation By Diagnosis Type, By Therapeutic Area, By Region By Diagnosis Type Imaging, Biopsy, MRI, CT scan By Therapeutic Area Surgery, Radiation Therapy, Chemotherapy, Immunotherapy By Region North America, Europe, Asia-Pacific, Latin America Country Scope US, Canada, Germany, UK, France, China, Japan, India, etc. Key Market Drivers Increasing prevalence of brain tumors, advancements in diagnostic technologies, and rising healthcare investments. Major Players Merck, Roche, Eli Lilly, Pfizer, Novartis Pricing and Purchase Options Custom pricing options available for detailed market insights. AI, Genomics, and Innovation: The Future of Brain Tumor Diagnostics The brain tumor diagnosis and therapeutics market has tremendous potential for growth in the future due to technological development, personalized medicine, and developing international healthcare investments. Such trends include the infusion of Artificial intelligence and machine learning in diagnostics, the ascendance of minimally invasive surgery, and new forms of treatments, including gene editing and oncolytic virotherapy. New entrants aiming to develop and provide inexpensive and accessible solutions are likely to record massive market adoption, most notably in the developing world. In addition, as awareness and early intervention campaigns for cancer increase, the need for effective diagnostic and treatment technologies will also increase. Therefore, the brain tumor diagnosis and therapeutics market is set to undergo a drastic change in the next decade, providing hope for patients and opening up opportunities for its development. ICT companies investing in research into developed technologies and related partnerships will be well placed to capitalize on this rapidly growing market. Frequently Asked Question About This Report How big is the Brain Tumor Diagnosis and Therapeutics Market? The global brain tumor diagnosis and therapeutics market was worth USD 5.5 billion in 2023 and is expected to reach USD 9.7 billion by 2030, growing at a CAGR of 8.3%. What are the key factors driving the growth of the Brain Tumor Diagnosis and Therapeutics Market? Key factors include the rising number of brain tumor cases, advanced diagnostic imaging techniques, the increasing use of targeted therapies and immunotherapy, and the growing healthcare expenditure in emerging markets. Who are the Major Players in the Brain Tumor Diagnosis and Therapeutics Market? Major players include F. Hoffmann-La Roche Ltd., Novartis AG, Merck & Co., Inc., Pfizer Inc., AstraZeneca PLC, Bristol-Myers Squibb Company, GE Healthcare, Siemens Healthineers AG, and Elekta AB. Which region held the largest Brain Tumor Diagnosis and Therapeutics market share? North America held the largest market share of over 40% in 2023 due to high healthcare expenditure, advanced medical facilities, and substantial investments in brain tumor research. Which Application had the largest Brain Tumor Diagnosis and Therapeutics market share? The MRI (Magnetic Resonance Imaging) technology segment had the largest market share due to its superior image resolution and capability to detect small tumors. . Table of Contents Executive Summary • Market Overview • Key Findings and Market Attractiveness • CXO Perspectives on the Brain Tumor Diagnosis and Therapeutics Market Introduction to the Brain Tumor Diagnosis and Therapeutics Market • Definition and Scope • Research Methodology and Assumptions • Market Structure and Segmentation Market Dynamics • Market Drivers • Market Restraints • Opportunities in the Brain Tumor Diagnosis and Therapeutics Market • Challenges in the Market • Impact of COVID-19 on the Market Investment Opportunities and Market Trends • Key Investment Opportunities • Ongoing Market Developments • Merger and Acquisition Trends • Emerging Trends in the Brain Tumor Diagnosis and Therapeutics Market Global Brain Tumor Diagnosis and Therapeutics Market Analysis • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Diagnosis Type o Imaging Techniques ? MRI (Magnetic Resonance Imaging) ? CT (Computed Tomography) ? PET (Positron Emission Tomography) ? Other Imaging Techniques o Biopsy o Molecular Diagnostics • Analysis by Therapeutics Type o Surgery o Radiation Therapy o Chemotherapy o Targeted Therapy o Immunotherapy • Analysis by Tumor Type o Glioblastoma o Meningioma o Pituitary Tumors o Astrocytomas o Other Tumors • Analysis by End User o Hospitals o Diagnostic Centers o Ambulatory Surgical Centers (ASCs) o Research Institutes North America Brain Tumor Diagnosis and Therapeutics Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Diagnosis Type o Imaging Techniques ? MRI (Magnetic Resonance Imaging) ? CT (Computed Tomography) ? PET (Positron Emission Tomography) ? Other Imaging Techniques o Biopsy o Molecular Diagnostics • Analysis by Therapeutics Type o Surgery o Radiation Therapy o Chemotherapy o Targeted Therapy o Immunotherapy • Analysis by Tumor Type o Glioblastoma o Meningioma o Pituitary Tumors o Astrocytomas o Other Tumors • Analysis by End User o Hospitals o Diagnostic Centers o Ambulatory Surgical Centers (ASCs) o Research Institutes • Country-Level Analysis o USA o Canada o Mexico Europe Brain Tumor Diagnosis and Therapeutics Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Diagnosis Type o Imaging Techniques ? MRI (Magnetic Resonance Imaging) ? CT (Computed Tomography) ? PET (Positron Emission Tomography) ? Other Imaging Techniques o Biopsy o Molecular Diagnostics • Analysis by Therapeutics Type o Surgery o Radiation Therapy o Chemotherapy o Targeted Therapy o Immunotherapy • Analysis by Tumor Type o Glioblastoma o Meningioma o Pituitary Tumors o Astrocytomas o Other Tumors • Analysis by End User o Hospitals o Diagnostic Centers o Ambulatory Surgical Centers (ASCs) o Research Institutes • Country-Level Analysis o Germany o United Kingdom o France o Italy o Spain o Rest of Europe Asia-Pacific Brain Tumor Diagnosis and Therapeutics Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Diagnosis Type o Imaging Techniques ? MRI (Magnetic Resonance Imaging) ? CT (Computed Tomography) ? PET (Positron Emission Tomography) ? Other Imaging Techniques o Biopsy o Molecular Diagnostics • Analysis by Therapeutics Type o Surgery o Radiation Therapy o Chemotherapy o Targeted Therapy o Immunotherapy • Analysis by Tumor Type o Glioblastoma o Meningioma o Pituitary Tumors o Astrocytomas o Other Tumors • Analysis by End User o Hospitals o Diagnostic Centers o Ambulatory Surgical Centers (ASCs) o Research Institutes • Country-Level Analysis o China o India o Japan o South Korea o Rest of Asia-Pacific Latin America Brain Tumor Diagnosis and Therapeutics Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Diagnosis Type o Imaging Techniques ? MRI (Magnetic Resonance Imaging) ? CT (Computed Tomography) ? PET (Positron Emission Tomography) ? Other Imaging Techniques o Biopsy o Molecular Diagnostics • Analysis by Therapeutics Type o Surgery o Radiation Therapy o Chemotherapy o Targeted Therapy o Immunotherapy • Analysis by Tumor Type o Glioblastoma o Meningioma o Pituitary Tumors o Astrocytomas o Other Tumors • Analysis by End User o Hospitals o Diagnostic Centers o Ambulatory Surgical Centers (ASCs) o Research Institutes • Country-Level Analysis o Brazil o Argentina o Rest of Latin America Middle East and Africa Brain Tumor Diagnosis and Therapeutics Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Diagnosis Type o Imaging Techniques ? MRI (Magnetic Resonance Imaging) ? CT (Computed Tomography) ? PET (Positron Emission Tomography) ? Other Imaging Techniques o Biopsy o Molecular Diagnostics • Analysis by Therapeutics Type o Surgery o Radiation Therapy o Chemotherapy o Targeted Therapy o Immunotherapy • Analysis by Tumor Type o Glioblastoma o Meningioma o Pituitary Tumors o Astrocytomas o Other Tumors • Analysis by End User o Hospitals o Diagnostic Centers o Ambulatory Surgical Centers (ASCs) o Research Institutes • Country-Level Analysis o GCC o South Africa o Rest of Middle East & Africa Competitive Landscape • Overview of Key Players in the Brain Tumor Diagnosis and Therapeutics Market • Company Profiles o F. Hoffmann-La Roche Ltd. o Novartis AG o Merck & Co., Inc. o Pfizer Inc. o AstraZeneca PLC o Bristol-Myers Squibb Company o GE Healthcare o Siemens Healthineers AG o Elekta AB o Medtronic PLC • Key Business Strategies and Developments Appendix • List of Abbreviations • Sources of Data • Research Methodology List of Tables • Market Size by Region (2024–2032) • Market Segmentation by Diagnosis Type, Therapeutics Type, and Tumor Type (2024–2032) • Regional Country-Level Data (2024–2032) List of Figures • Market Share by Diagnosis Type (2024 vs. 2032) • Market Share by Therapeutics Type (2024 vs. 2032) • Regional Market Share Snapshots (2024 vs. 2032) • Growth Drivers, Restraints, and Opportunities in the Brain Tumor Diagnosis and Therapeutics Market