The Australia cancer biomarkers market size reached USD 686.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,526.5 Million by 2033, exhibiting a growth rate (CAGR) of 14.4% during 2025-2033. The market is experiencing steady growth, driven by advancements in early cancer detection and personalized treatment approaches. Increasing research activities, rising awareness among healthcare providers, and expanding applications of biomarkers across various cancer types are supporting market development. Strategic collaborations between research institutes and biotech firms further enhance innovation. Favorable healthcare policies also contribute to a positive outlook for the sector, boosting Australia Cancer Biomarkers share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 686.6 Million |
Market Forecast in 2033 | USD 2,526.5 Million |
Market Growth Rate 2025-2033 | 14.4% |
Growing Adoption of Precision Medicine
The increasing focus on individualized cancer therapy in Australia is boosting demand for cancer biomarkers. Precision medicine adjusts treatment according to the unique genetic makeup and biomarker expression of each patient, allowing more specific therapies and better outcomes. Government and industry investment in genomic research, coupled with greater availability of high-throughput sequencing technology, has stepped up biomarker discovery. Hospitals and cancer centers are increasingly incorporating biomarker testing to inform treatment choices for tumors such as breast, lung, and colorectal. Regulatory approaches facilitating companion diagnostics are also propelling the Australia cancer biomarkers market growth. With efficacy and fewer side effects becoming more of a concern to patients and doctors alike, the market is shifting away from the one-size-fits-all philosophy toward biomarker-directed treatments that maximize treatment protocols and increase survivorship.
Integration of Artificial Intelligence in Biomarker Discovery
Artificial Intelligence (AI) is changing Australia's cancer biomarker scene at a quickening rate, and this trend is firmly backed by heavy government investment. In 2024, the MRFF provided $27 million to eight genomic research projects, including $8 million specifically earmarked for a consortium to create AI-driven tools for cancer diagnosis and treatment. This investment is part of the general trend to apply machine learning algorithms to process complex genomic and proteomic data to identify new biomarkers more rapidly and accurately. AI also supports diagnostic imaging and pathology through correlations of visual and molecular information to increase accuracy and personalize therapy. Australian biotech companies, universities, and foreign research institutes are collaborating to drive innovation. As AI technologies advance, they will automate biomarker discovery, cut diagnostic development time, and improve oncology care outcomes.
Expansion of Liquid Biopsy Technologies
Australia is witnessing fast growth in the use of liquid biopsy as a non-invasive technique for cancer detection and monitoring using biomarkers like circulating tumor DNA (ctDNA). It enables early diagnosis, real-time monitoring of treatment response, and detection of minimal residual disease without invasive tissue biopsies. Liquid biopsies are increasingly being adopted because they are convenient, safe, and have the potential to be used in screening high-risk populations. Australian research institutions and biotech firms are investing in the development of sophisticated liquid biopsy assays, particularly for difficult-to-biopsy tumors. Regulatory approval and growing clinical trials further confirm their application. As the technology advances, it is set to greatly increase the cancer biomarker market in diagnostics and treatment planning.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional for 2025-2033. Our report has categorized the market based on profiling technology, biomolecule, cancer type, application, and end user.
Profiling Technology Insights:
The report has provided a detailed breakup and analysis of the market based on the profiling technology. This includes omics technologies, imaging technologies, immunoassays, and cytogenetics.
Biomolecule Insights:
A detailed breakup and analysis of the market based on the biomolecule have also been provided in the report. This includes genetic biomarkers, protein biomarkers, and glyco-biomarkers.
Cancer Type Insights:
The report has provided a detailed breakup and analysis of the market based on the cancer type. This includes breast cancer, lung cancer, colorectal cancer, prostate cancer, stomach, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes diagnostics, prognostics, risk assessment, drug discovery and development, and others.
End User Insights:
The report has provided a detailed breakup and analysis of the market based on the end user. This includes hospitals, academic and research institutions, ambulatory surgical centers, diagnostic laboratories, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Profiling Technologies Covered | Omics Technologies, Imaging Technologies, Immunoassays, Cytogenetics |
Biomolecules Covered | Genetic Biomarkers, Protein Biomarkers, Glyco-Biomarkers |
Cancer Types Covered | Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Stomach, Others |
Applications Covered | Diagnostics, Prognostics, Risk Assessment, Drug Discovery and Development, Others |
End Users Covered | Hospitals, Academic and Research Institutions, Ambulatory Surgical Centers, Diagnostic Laboratories, Others |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: