Europe Hematologic Malignancies Testing Market By Product (Kits, Services), By Technology (Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Flow Cytometry, Other Platforms), By Disease (Multiple Myeloma, Myelodysplastic Syndrome, Leukemia, Myeloproliferative Neoplasms, Lymphoma), By End User (Specialty Clinics and Hospitals, Diagnostic Laboratories, Reference Laboratories), By Country, Competition, Forecast and Opportunities, 2020-2030F
Market Overview
The Europe Hematologic Malignancies Testing Market, valued at USD 919.37 million in 2024, is projected to reach USD 1,735.97 million by 2030, growing at a CAGR of 11.15%. This growth is primarily fueled by the increasing prevalence of blood cancers such as leukemia, lymphoma, and myeloma across Europe. Enhanced awareness regarding early diagnosis, coupled with technological advances in genetic testing, has significantly driven demand for more precise diagnostic tools. Techniques such as next-generation sequencing (NGS) and polymerase chain reaction (PCR) are enabling more accurate detection of mutations and biomarkers. The shift toward precision medicine is also accelerating adoption of these innovations, enabling healthcare providers to tailor treatment strategies to individual genetic profiles. Furthermore, the integration of artificial intelligence (AI) and machine learning in diagnostic tools is enhancing test accuracy and efficiency, contributing to improved patient outcomes.
Key Market Drivers
Rising Prevalence of Hematologic Malignancies
The increasing occurrence of hematologic malignancies is a key driver of the Europe Hematologic Malignancies Testing Market. In 2022, Europe reported over 4.47 million new cancer cases, with hematologic cancers like leukemia, lymphoma, and myeloma making up a significant portion. For example, in 2018, leukemia incidence varied between 8 and 20.4 cases per 100,000 across different countries, while multiple myeloma ranged from 2.3 to 10.2 per 100,000. These rising numbers highlight the need for reliable diagnostic testing. Early and precise diagnosis is essential, particularly in conditions where genetic subtypes influence treatment outcomes. Coupled with a growing aging population, which is more susceptible to such diseases, the demand for sophisticated diagnostic tools has surged. Improved awareness and technological advancements have led to an increase in testing, particularly in clinical environments where accurate staging and monitoring are critical. This trend is expected to persist, further driving market growth across Europe.
Key Market Challenges
High Cost of Advanced Diagnostic Tests
One of the major challenges in the Europe Hematologic Malignancies Testing Market is the high cost associated with advanced diagnostic technologies. Techniques such as next-generation sequencing (NGS), liquid biopsies, and advanced imaging systems provide exceptional precision but are often expensive, limiting accessibility—especially within public healthcare systems. Beyond the cost of tests themselves, additional expenses arise from the need for specialized laboratory infrastructure, skilled technicians, and ongoing equipment maintenance. In countries with constrained healthcare budgets, inadequate reimbursement policies further complicate adoption. This financial barrier slows the integration of advanced diagnostics into routine practice, leading to potential delays in diagnosis and treatment. As early intervention is vital in managing conditions like leukemia and multiple myeloma, delayed access due to cost concerns can negatively impact patient outcomes.
Key Market Trends
Integration of Molecular Diagnostics
The incorporation of molecular diagnostics is significantly transforming the Europe Hematologic Malignancies Testing Market. These advanced techniques—including next-generation sequencing (NGS), PCR, and gene expression profiling—facilitate the identification of genetic mutations and molecular markers associated with hematologic cancers. As these tools become more accessible and affordable, they offer a more detailed understanding of disease progression and treatment response. Precision diagnostics help clinicians tailor therapies to individual patients, a critical approach in managing complex blood cancers. Additionally, molecular diagnostics enable detection of minimal residual disease (MRD), allowing for more accurate monitoring of treatment efficacy and potential relapse. As the demand for personalized treatment grows, the adoption of molecular diagnostic tools is expected to accelerate, reinforcing the trend toward precision medicine in hematologic malignancy care.
Key Market Players
In this report, the Europe Hematologic Malignancies Testing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Europe Hematologic Malignancies Testing Market.
Available Customizations:
Europe Hematologic Malignancies Testing Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
The Europe Hematologic Malignancies Testing Market, valued at USD 919.37 million in 2024, is projected to reach USD 1,735.97 million by 2030, growing at a CAGR of 11.15%. This growth is primarily fueled by the increasing prevalence of blood cancers such as leukemia, lymphoma, and myeloma across Europe. Enhanced awareness regarding early diagnosis, coupled with technological advances in genetic testing, has significantly driven demand for more precise diagnostic tools. Techniques such as next-generation sequencing (NGS) and polymerase chain reaction (PCR) are enabling more accurate detection of mutations and biomarkers. The shift toward precision medicine is also accelerating adoption of these innovations, enabling healthcare providers to tailor treatment strategies to individual genetic profiles. Furthermore, the integration of artificial intelligence (AI) and machine learning in diagnostic tools is enhancing test accuracy and efficiency, contributing to improved patient outcomes.
Key Market Drivers
Rising Prevalence of Hematologic Malignancies
The increasing occurrence of hematologic malignancies is a key driver of the Europe Hematologic Malignancies Testing Market. In 2022, Europe reported over 4.47 million new cancer cases, with hematologic cancers like leukemia, lymphoma, and myeloma making up a significant portion. For example, in 2018, leukemia incidence varied between 8 and 20.4 cases per 100,000 across different countries, while multiple myeloma ranged from 2.3 to 10.2 per 100,000. These rising numbers highlight the need for reliable diagnostic testing. Early and precise diagnosis is essential, particularly in conditions where genetic subtypes influence treatment outcomes. Coupled with a growing aging population, which is more susceptible to such diseases, the demand for sophisticated diagnostic tools has surged. Improved awareness and technological advancements have led to an increase in testing, particularly in clinical environments where accurate staging and monitoring are critical. This trend is expected to persist, further driving market growth across Europe.
Key Market Challenges
High Cost of Advanced Diagnostic Tests
One of the major challenges in the Europe Hematologic Malignancies Testing Market is the high cost associated with advanced diagnostic technologies. Techniques such as next-generation sequencing (NGS), liquid biopsies, and advanced imaging systems provide exceptional precision but are often expensive, limiting accessibility—especially within public healthcare systems. Beyond the cost of tests themselves, additional expenses arise from the need for specialized laboratory infrastructure, skilled technicians, and ongoing equipment maintenance. In countries with constrained healthcare budgets, inadequate reimbursement policies further complicate adoption. This financial barrier slows the integration of advanced diagnostics into routine practice, leading to potential delays in diagnosis and treatment. As early intervention is vital in managing conditions like leukemia and multiple myeloma, delayed access due to cost concerns can negatively impact patient outcomes.
Key Market Trends
Integration of Molecular Diagnostics
The incorporation of molecular diagnostics is significantly transforming the Europe Hematologic Malignancies Testing Market. These advanced techniques—including next-generation sequencing (NGS), PCR, and gene expression profiling—facilitate the identification of genetic mutations and molecular markers associated with hematologic cancers. As these tools become more accessible and affordable, they offer a more detailed understanding of disease progression and treatment response. Precision diagnostics help clinicians tailor therapies to individual patients, a critical approach in managing complex blood cancers. Additionally, molecular diagnostics enable detection of minimal residual disease (MRD), allowing for more accurate monitoring of treatment efficacy and potential relapse. As the demand for personalized treatment grows, the adoption of molecular diagnostic tools is expected to accelerate, reinforcing the trend toward precision medicine in hematologic malignancy care.
Key Market Players
- F. Hoffmann-La Roche Ltd.
- QIAGEN N.V.
- DiaSorin S.p.A.
- ELITech Group
- ICON plc
- Abbott Laboratories
- Siemens Healthineers
- Thermo Fisher Scientific
- Bio-Rad Laboratories
- Novartis AG
In this report, the Europe Hematologic Malignancies Testing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Europe Hematologic Malignancies Testing Market, By Product:
- Kits
- Services
- Europe Hematologic Malignancies Testing Market, By Technology:
- Polymerase Chain Reaction (PCR)
- Next-Generation Sequencing (NGS)
- Fluorescence In-Situ Hybridization (FISH)
- Immunohistochemistry (IHC)
- Flow Cytometry
- Other Platforms
- Europe Hematologic Malignancies Testing Market, By Disease:
- Multiple Myeloma
- Myelodysplastic Syndrome
- Leukemia
- Myeloproliferative Neoplasms
- Lymphoma
- Europe Hematologic Malignancies Testing Market, By End User:
- Specialty Clinics and Hospitals
- Diagnostic Laboratories
- Reference Laboratories
- Europe Hematologic Malignancies Testing Market, By Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Poland
- Bulgaria
- Finland
- Portugal
Company Profiles: Detailed analysis of the major companies present in the Europe Hematologic Malignancies Testing Market.
Available Customizations:
Europe Hematologic Malignancies Testing Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. VOICE OF CUSTOMER
5. EUROPE HEMATOLOGIC MALIGNANCIES TESTING MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product (Kits, Services)
5.2.2. By Technology (Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Flow Cytometry, Other Platforms)
5.2.3. By Disease (Multiple Myeloma, Myelodysplastic Syndrome, Leukemia, Myeloproliferative Neoplasms, Lymphoma)
5.2.4. By End User (Specialty Clinics and Hospitals, Diagnostic Laboratories, Reference Laboratories)
5.2.5. By Country
5.2.6. By Company (2024)
5.3. Market Map
6. EUROPE: COUNTRY ANALYSIS
6.1. Germany Hematologic Malignancies Testing Market Outlook
6.1.1. Market Size & Forecast
6.1.1.1. By Value
6.1.2. Market Share & Forecast
6.1.2.1. By Product
6.1.2.2. By Technology
6.1.2.3. By Disease
6.1.2.4. By End User
6.2. France Hematologic Malignancies Testing Market Outlook
6.2.1. Market Size & Forecast
6.2.1.1. By Value
6.2.2. Market Share & Forecast
6.2.2.1. By Product
6.2.2.2. By Technology
6.2.2.3. By Disease
6.2.2.4. By End User
6.3. United Kingdom Hematologic Malignancies Testing Market Outlook
6.3.1. Market Size & Forecast
6.3.1.1. By Value
6.3.2. Market Share & Forecast
6.3.2.1. By Product
6.3.2.2. By Technology
6.3.2.3. By Disease
6.3.2.4. By End User
6.4. Italy Hematologic Malignancies Testing Market Outlook
6.4.1. Market Size & Forecast
6.4.1.1. By Value
6.4.2. Market Share & Forecast
6.4.2.1. By Product
6.4.2.2. By Technology
6.4.2.3. By Disease
6.4.2.4. By End User
6.5. Spain Hematologic Malignancies Testing Market Outlook
6.5.1. Market Size & Forecast
6.5.1.1. By Value
6.5.2. Market Share & Forecast
6.5.2.1. By Product
6.5.2.2. By Technology
6.5.2.3. By Disease
6.5.2.4. By End User
6.6. Russia Hematologic Malignancies Testing Market Outlook
6.6.1. Market Size & Forecast
6.6.1.1. By Value
6.6.2. Market Share & Forecast
6.6.2.1. By Product
6.6.2.2. By Technology
6.6.2.3. By Disease
6.6.2.4. By End User
6.7. Poland Hematologic Malignancies Testing Market Outlook
6.7.1. Market Size & Forecast
6.7.1.1. By Value
6.7.2. Market Share & Forecast
6.7.2.1. By Product
6.7.2.2. By Technology
6.7.2.3. By Disease
6.7.2.4. By End User
6.8. Bulgaria Hematologic Malignancies Testing Market Outlook
6.8.1. Market Size & Forecast
6.8.1.1. By Value
6.8.2. Market Share & Forecast
6.8.2.1. By Product
6.8.2.2. By Technology
6.8.2.3. By Disease
6.8.2.4. By End User
6.9. Finland Hematologic Malignancies Testing Market Outlook
6.9.1. Market Size & Forecast
6.9.1.1. By Value
6.9.2. Market Share & Forecast
6.9.2.1. By Product
6.9.2.2. By Technology
6.9.2.3. By Disease
6.9.2.4. By End User
6.10. Portugal Hematologic Malignancies Testing Market Outlook
6.10.1. Market Size & Forecast
6.10.1.1. By Value
6.10.2. Market Share & Forecast
6.10.2.1. By Product
6.10.2.2. By Technology
6.10.2.3. By Disease
6.10.2.4. By End User
7. MARKET DYNAMICS
7.1. Drivers
7.2. Challenges
8. MARKET TRENDS & DEVELOPMENTS
8.1. Merger & Acquisition (If Any)
8.2. Product Launches (If Any)
8.3. Recent Developments
9. EUROPE HEMATOLOGIC MALIGNANCIES TESTING MARKET: SWOT ANALYSIS
10. PORTERS FIVE FORCES ANALYSIS
10.1. Competition in the Industry
10.2. Potential of New Entrants
10.3. Power of Suppliers
10.4. Power of Customers
10.5. Threat of Substitute Products
11. COMPETITIVE LANDSCAPE
11.1. F. Hoffmann-La Roche Ltd.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Products & Services
11.1.4. Financials (As Reported)
11.1.5. Recent Developments
11.1.6. Key Personnel Details
11.1.7. SWOT Analysis
11.2. QIAGEN N.V.
11.3. DiaSorin S.p.A.
11.4. ELITech Group
11.5. ICON plc
11.6. Abbott Laboratories
11.7. Siemens Healthineers
11.8. Thermo Fisher Scientific
11.9. Bio-Rad Laboratories
11.10. Novartis AG
12. STRATEGIC RECOMMENDATIONS
13. ABOUT US & DISCLAIMER
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. VOICE OF CUSTOMER
5. EUROPE HEMATOLOGIC MALIGNANCIES TESTING MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product (Kits, Services)
5.2.2. By Technology (Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Fluorescence In-Situ Hybridization (FISH), Immunohistochemistry (IHC), Flow Cytometry, Other Platforms)
5.2.3. By Disease (Multiple Myeloma, Myelodysplastic Syndrome, Leukemia, Myeloproliferative Neoplasms, Lymphoma)
5.2.4. By End User (Specialty Clinics and Hospitals, Diagnostic Laboratories, Reference Laboratories)
5.2.5. By Country
5.2.6. By Company (2024)
5.3. Market Map
6. EUROPE: COUNTRY ANALYSIS
6.1. Germany Hematologic Malignancies Testing Market Outlook
6.1.1. Market Size & Forecast
6.1.1.1. By Value
6.1.2. Market Share & Forecast
6.1.2.1. By Product
6.1.2.2. By Technology
6.1.2.3. By Disease
6.1.2.4. By End User
6.2. France Hematologic Malignancies Testing Market Outlook
6.2.1. Market Size & Forecast
6.2.1.1. By Value
6.2.2. Market Share & Forecast
6.2.2.1. By Product
6.2.2.2. By Technology
6.2.2.3. By Disease
6.2.2.4. By End User
6.3. United Kingdom Hematologic Malignancies Testing Market Outlook
6.3.1. Market Size & Forecast
6.3.1.1. By Value
6.3.2. Market Share & Forecast
6.3.2.1. By Product
6.3.2.2. By Technology
6.3.2.3. By Disease
6.3.2.4. By End User
6.4. Italy Hematologic Malignancies Testing Market Outlook
6.4.1. Market Size & Forecast
6.4.1.1. By Value
6.4.2. Market Share & Forecast
6.4.2.1. By Product
6.4.2.2. By Technology
6.4.2.3. By Disease
6.4.2.4. By End User
6.5. Spain Hematologic Malignancies Testing Market Outlook
6.5.1. Market Size & Forecast
6.5.1.1. By Value
6.5.2. Market Share & Forecast
6.5.2.1. By Product
6.5.2.2. By Technology
6.5.2.3. By Disease
6.5.2.4. By End User
6.6. Russia Hematologic Malignancies Testing Market Outlook
6.6.1. Market Size & Forecast
6.6.1.1. By Value
6.6.2. Market Share & Forecast
6.6.2.1. By Product
6.6.2.2. By Technology
6.6.2.3. By Disease
6.6.2.4. By End User
6.7. Poland Hematologic Malignancies Testing Market Outlook
6.7.1. Market Size & Forecast
6.7.1.1. By Value
6.7.2. Market Share & Forecast
6.7.2.1. By Product
6.7.2.2. By Technology
6.7.2.3. By Disease
6.7.2.4. By End User
6.8. Bulgaria Hematologic Malignancies Testing Market Outlook
6.8.1. Market Size & Forecast
6.8.1.1. By Value
6.8.2. Market Share & Forecast
6.8.2.1. By Product
6.8.2.2. By Technology
6.8.2.3. By Disease
6.8.2.4. By End User
6.9. Finland Hematologic Malignancies Testing Market Outlook
6.9.1. Market Size & Forecast
6.9.1.1. By Value
6.9.2. Market Share & Forecast
6.9.2.1. By Product
6.9.2.2. By Technology
6.9.2.3. By Disease
6.9.2.4. By End User
6.10. Portugal Hematologic Malignancies Testing Market Outlook
6.10.1. Market Size & Forecast
6.10.1.1. By Value
6.10.2. Market Share & Forecast
6.10.2.1. By Product
6.10.2.2. By Technology
6.10.2.3. By Disease
6.10.2.4. By End User
7. MARKET DYNAMICS
7.1. Drivers
7.2. Challenges
8. MARKET TRENDS & DEVELOPMENTS
8.1. Merger & Acquisition (If Any)
8.2. Product Launches (If Any)
8.3. Recent Developments
9. EUROPE HEMATOLOGIC MALIGNANCIES TESTING MARKET: SWOT ANALYSIS
10. PORTERS FIVE FORCES ANALYSIS
10.1. Competition in the Industry
10.2. Potential of New Entrants
10.3. Power of Suppliers
10.4. Power of Customers
10.5. Threat of Substitute Products
11. COMPETITIVE LANDSCAPE
11.1. F. Hoffmann-La Roche Ltd.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Products & Services
11.1.4. Financials (As Reported)
11.1.5. Recent Developments
11.1.6. Key Personnel Details
11.1.7. SWOT Analysis
11.2. QIAGEN N.V.
11.3. DiaSorin S.p.A.
11.4. ELITech Group
11.5. ICON plc
11.6. Abbott Laboratories
11.7. Siemens Healthineers
11.8. Thermo Fisher Scientific
11.9. Bio-Rad Laboratories
11.10. Novartis AG
12. STRATEGIC RECOMMENDATIONS
13. ABOUT US & DISCLAIMER
