Towards Healthcare
Oncology Market Size to Expand USD 600.97 Billion by 2034

Oncology Market Size 2025 U.S., China & India Lead Global Growth as AI and Liquid Biopsy Revolutionize Diagnosis

Based on market forecasts, the global oncology market, projected at USD 225.05 billion in 2024, is expected to reach USD 600.97 billion by 2034, growing at a CAGR of 11.54% over the forecast period.The oncology market is expanding due to rising cancer incidences as well as increasing use of precision medications. North America led the market due to the presence of the advanced healthcare sector.

  • Insight Code: 5920
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: July 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Rohan Patil is a seasoned market research professional with over 5 years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

He began his journey with Precedence Research, where he played a pivotal role in developing high-impact healthcare market reports. Today, Rohan leads research initiatives at Towards Healthcare, while also contributing to Statifacts, where he supports cross-industry analysis and data-driven storytelling.

Rohan’s core strengths lie in trend analysis and emerging technologies, regulatory monitoring and thought leadership through high-quality report writing. He excels at identifying future-ready opportunities and translating complex data into strategic recommendations. His work spans pharmaceuticals, biotechnology, medical devices, and digital health, assessing everything from market potential and competitive positioning to customer needs and regulatory shifts.

A trusted advisor and a relentless innovator, Rohan continues to push the boundaries of traditional market research, merging scientific rigor with commercial insight to stay ahead in a fast-evolving healthcare landscape.

FAQ's

The oncology market is projected to reach USD 600.97 billion by 2034, growing at a CAGR of 11.54% from 2024 to 2034.

North America is currently leading the oncology market due to the presence of the advanced healthcare sector.

Some key players include Roche Holding AG, Merck & Co., Inc., Bristol-Myers Squibb, and Pfizer Inc. 

Key trends include growing investments and funding to enhance diagnostics, treatment, and cancer care.

Growing cancer incidences are the factor that drives the market growth.

ICMR and NCDRI, Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.