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Multi Cancer Early Detection (MCED) Test Market - By Type, By End Use - Global Forecast, 2025 - 2034
Report ID: GMI11171
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Published Date: October 2025
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Report Format: PDF
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Authors: Mariam Faizullabhoy, Gauri Wani
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Base Year: 2024
Companies covered: 14
Tables & Figures: 102
Countries covered: 19
Pages: 130
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Multi Cancer Early Detection (MCED) Test Market
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Multi Cancer Early Detection (MCED) Test Market Size
The global multi cancer early detection test market size was valued at USD 1.5 billion in 2024. The market is expected to grow from USD 1.8 billion in 2025 to USD 5.8 billion in 2034, at a CAGR of 14.1% during the forecast period, according to the latest report published by Global Market Insights Inc.
The market is witnessing robust growth, driven by the rising global cancer burden, increasing demand for early diagnostic solutions, and rapid advancements in molecular diagnostics. MCED tests, which utilize technologies such as liquid biopsy and next-generation sequencing (NGS), offer the ability to detect multiple cancer types from a single blood sample revolutionizing traditional cancer screening paradigm.
This market segment plays a transformative role in reshaping cancer diagnostics by enabling earlier, more comprehensive detection of multiple cancer types through a single blood test. Leading companies such as Exact Sciences Corporation, Freenome Holdings Inc., Burning Rock Biotech Limited, Elypta AB, and AnPac Bio-Medical Science Co., Ltd. are at the forefront of this innovation-driven industry. These players maintain their competitive edge through continuous advancements in liquid biopsy technologies, integration of multi-omics data, and the application of artificial intelligence to enhance test accuracy and clinical utility. Exact Sciencesโ Cancerguard test is the first commercially available MCED solution that analyzes multiple biomarker classes, offering detection for over 50 cancer types with high specificity and sensitivity
The MCED market is witnessing sharp growth, expanding from USD 449.2 million in 2021 to USD 1.3 billion in 2023. The growth of the market is closely tied to the escalating global burden of cancer. According to the World Health Organization (WHO), an estimated 20 million new cancer cases and 9.7 million cancer-related deaths occurred in 2022 alone. Furthermore, approximately 53.5 million people were alive within five years of a cancer diagnosis, highlighting the widespread and enduring impact of the disease. Cancer affects nearly 1 in 5 people during their lifetime, with 1 in 9 men and 1 in 12 women dying from the disease. Looking ahead, the global cancer burden is projected to rise sharply, with over 35 million new cases expected by 2050 a staggering 77% increase from 2022. This surge is driven by a combination of factors, including population ageing, population growth, and increased exposure to risk factors, many of which are linked to socioeconomic development and lifestyle changes. This alarming trend underscores the urgent need for innovative diagnostic solutions that can detect cancer early and improve survival outcomes. MCED tests are emerging as a critical tool in this context, offering the potential to identify multiple cancer types at earlier, more treatable stages.
Market refers to the segment of the healthcare diagnostics industry focused on the development, commercialization, and adoption of tests that can detect multiple types of cancer from a single sample typically blood before symptoms appear. These tests leverage advanced technologies such as liquid biopsy, next-generation sequencing (NGS), multi-omics analysis, and artificial intelligence to identify molecular and genetic biomarkers associated with various cancers.
32% market share
Collective market share in 2024 is 65%
Multi Cancer Early Detection Test Market Trends
Multi Cancer Early Detection Test Market Analysis
In 2021, the global market was valued at USD 449.2 million. The following year, it saw a slight rise to USD 779.3 million, and by 2023 the market further climbed to USD 1.3 billion.
Based on type, the global market is divided into gene panel, LDT, and others and liquid biopsy. The liquid biopsy segment accounted for 8.1% of the market in 2024 primarily due to their ability to detect cancer-related biomarkers from a simple blood sample, offering a minimally invasive, highly sensitive, and scalable alternative to traditional tissue biopsies. The segment is expected to exceed USD 484.3 million by 2034, growing with a CAGR of 14.3% during the forecast period. On the other hand, gene panel, LDT, and others segment is expected to grow with slightly lower CAGR of 14%. The growth of this segment is primarily driven by the widespread use of laboratory-developed tests (LDTs) which are already available in clinical settings, and the flexibility of gene panels to target specific mutations across multiple cancer types.
Based on end use, multi cancer early detection test market is classified into hospitals, diagnostic laboratories, and other end users. The hospitals segment dominated the market in 2024 and is expected to reach USD 2.9 billion by 2034.
North America Multi Cancer Early Detection Test Market
The U.S. MCED test market was valued at USD 181.2 million and USD 313.7 million in 2021 and 2022, respectively. The market size reached USD 621.1 million in 2024, growing from USD 510.5 million in 2023.
Europe Multi Cancer Early Detection Test Market
Europe market accounted for USD 417.4 million in 2024 and is anticipated to show lucrative growth over the forecast period.
Germany dominates the European multi cancer early detection test market, showcasing strong growth potential.
Asia Pacific Multi Cancer Early Detection Test Market
The Asia Pacific market is anticipated to grow at the highest CAGR during the analysis timeframe.
China multi cancer early detection test market is estimated to grow with a significant CAGR, in the Asia Pacific market.
Latin American Multi Cancer Early Detection Test Market
Brazil leads the Latin American market, exhibiting remarkable growth during the analysis period.
Middle East and Africa Multi Cancer Early Detection Test Market
Saudi Arabia market to experience substantial growth in the Middle East and Africa market in 2024.
Multi Cancer Early Detection Test Market Share
The MCED test market is shaped by a mix of pioneering global leaders and emerging innovators, resulting in a rapidly evolving competitive landscape. The top five companies GRAIL, Inc. (Illumina, Inc.), Guardant Health, Exact Sciences Corporation, Freenome Holdings, and Burning Rock Biotech collectively account for 65% of the global market share, driven by their advanced biomarker platforms, robust clinical validation, and aggressive commercialization strategies.
To strengthen their market positions, these leading firms are pursuing multi-pronged approaches including strategic partnerships with healthcare systems, collaborations with national cancer institutes, and expansion into high-burden cancer regions. Their focus on liquid biopsy, multiomic analysis, and AI-powered tissue-of-origin prediction is enabling earlier, more accurate, and less invasive cancer detection across diverse populations.
In addition to these dominant players, companies such as SeekIn, Singlera Genomics, Elypta, and Genecast Biotechnology are contributing to market growth through novel biomarker discovery, region-specific validation studies, and differentiated technology platforms. Their presence is particularly notable in Asia-Pacific and Europe, where rising cancer incidence and supportive regulatory frameworks are accelerating MCED adoption.
Overall, the market is witnessing intensified competition and greater technological diversity, as both established and emerging players continue to innovate and scale their offerings to meet the global demand for accessible, high-performance cancer screening solutions.
Multi Cancer Early Detection Test Market Companies
Prominent players operating in the MCED test industry are as mentioned below:
GRAIL is a leader in the MCED market, known for its flagship product Galleri, a blood-based test capable of detecting signals from over 50 cancer types. The company leverages advanced cfDNA methylation profiling and machine learning to deliver high-accuracy, early-stage cancer detection. GRAILโs strong clinical validation and commercial rollout through partnerships and health systems have positioned it at the forefront of precision oncology.
Freenome is a prominent player in the MCED market, leveraging its proprietary multiomics platform to detect cancer through a combination of genomic, proteomic, and immune system signals. The company is focused on developing non-invasive, blood-based screening tests for multiple cancer types, with colorectal and lung cancer as its initial targets. Through large-scale clinical trials and strategic partnerships with industry leaders such as Exact Sciences, Freenome is advancing the future of early cancer detection and personalized screening.
Genecast Biotechnology is an emerging player in the MCED market, recognized for its THEMIS test designed for early detection and localization of multiple high-incidence cancers. The test uses whole-methylome sequencing (WMS) and a multimodal ensemble model to generate a cancer probability score. In clinical validation, THEMIS demonstrated 86% overall sensitivity at 99% specificity, with strong performance in early-stage cancers (72% for stage I and 81% for stage II).
Multi Cancer Early Detection Test Industry News
The MCED test market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue in USD million from 2021 - 2034 for the following segments:
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Market, By Type
Market, By End Use
The above information is provided for the following regions and countries: