The immuno oncology assays market size was valued at USD 6.16 billion in 2025 and is projected to grow from USD 6.91 billion in 2026 to USD 17.95 billion by 2034, at a CAGR of 12.66% during the forecast period, as per Straits Research Analysis. The immuno oncology assays market comprises diagnostic and research-based testing solutions used to study immune system interactions with cancer cells and to support the development, selection, and monitoring of immunotherapy treatments. These assays are designed to evaluate biomarkers, immune checkpoints, tumor microenvironment activity, and patient immune responses across various cancer types. The market serves pharmaceutical and biotechnology companies, clinical laboratories, research institutes, and hospitals involved in cancer research and precision medicine. The market is driven by the rising adoption of cancer immunotherapies, increasing emphasis on personalized oncology care, and expanding clinical research focused on immune-based cancer treatments, which further enhances the market growth.
| Market Metric | Details & Data (2025-2034) |
|---|---|
| 2025 Market Valuation | USD 6.16 Billion |
| Estimated 2026 Value | USD 6.91 Billion |
| Projected 2034 Value | USD 17.95 Billion |
| CAGR (2026-2034) | 12.66% |
| Dominant Region | North America |
| Fastest Growing Region | Asia-Pacific |
| Key Market Players | Roche Diagnostics, 10x Genomics, Agilent Technologies, Inc., Thermo Fisher Scientific Inc., Eli Lilly |
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The immuno oncology assays market is experiencing a transition from single biomarker evaluation toward comprehensive immune ecosystem assessment that captures checkpoint expression immune cell infiltration cytokine activity and tumor-immune interaction patterns within one analytical framework. This transition aligns with evolving oncology practice where clinicians and researchers seek multidimensional immune insights to interpret therapy response variability tumor resistance mechanisms and immune exhaustion dynamics across cancer indications, which further strengthens assay relevance across treatment decision pathways.
The market is shifting from static baseline immune testing toward dynamic immune response monitoring conducted at multiple treatment stages. Immuno oncology assays increasingly support longitudinal assessment of immune modulation during immunotherapy exposure recurrence surveillance and therapy-switching scenarios. This evolution positions assays as continuous disease management tools rather than one-time diagnostic inputs, thereby increasing testing frequency across oncology care cycles.
Rapid expansion in the clinical use of immune checkpoint inhibitors adoptive cell therapies and combination immunotherapy regimens drives sustained demand for immuno oncology assays. These therapies rely on immune context characterization for patient selection therapy alignment and response evaluation, which embeds assay usage across diagnostic confirmation treatment planning and post-therapy monitoring stages within oncology workflows.
Oncology care models increasingly integrate biomarker-guided frameworks to reduce treatment uncertainty and align therapeutic approaches with individual immune profiles. Immuno oncology assays support this shift by enabling stratification based on immune activation suppression and tumor-immune evasion signals, which reinforces assay adoption across hospitals diagnostic laboratories and research institutions engaged in precision oncology initiatives.
High analytical complexity and variability in immune marker quantification across assay platforms constrain routine scalability of immuno oncology assays. Differences in antibody panel detection methodologies scoring algorithms and result interpretation workflows introduce operational challenges for laboratories seeking consistency across testing volumes. These limitations slow standardized adoption across broader clinical settings outside specialized oncology centers.
Increasing alignment between immuno oncology assay developers and immunotherapy drug pipelines presents a strong market opportunity. Integration of assays into companion diagnostic strategies supports therapy-specific immune profiling while strengthening assay positioning within regulatory submissions and commercialization pathways. This alignment extends assay penetration beyond research environments into structured clinical deployment across evolving immunotherapy ecosystems.
The immuno oncology assays market in North America held the largest share of 41.98% in 2025 due to widespread integration of immune biomarker testing across oncology research clinical trials and routine cancer diagnostics. Structured reimbursements, laboratory accreditation standards, and strong linkage between academic cancer centers and diagnostic laboratories support sustained assay utilization across the region. National cancer programs emphasize biomarker-driven oncology care, which anchors immune profiling within standard treatment pathways.
The US leads the regional adoption of immuno oncology assays due to a robust network of oncology research institutions and diagnostic laboratories. The National Cancer Institute outlines extensive use of immune biomarker assays across federally funded immunotherapy trials. Companies such as Roche Diagnostics are also expanding immuno oncology assay deployment across US pathology laboratories, supporting immune checkpoint evaluation and companion diagnostic testing.
Asia Pacific is expected to record the fastest growth trajectory with a CAGR of 14.66% during the forecast period. The Asia Pacific immuno oncology assays market is driven by an expanding oncology infrastructure and the rising incorporation of immune-based testing within national cancer control programs. Governments across the region prioritize molecular and immune diagnostics within tertiary hospitals, while academic institutions scale translational oncology research capacity. Growth in domestic assay manufacturing and regulatory streamlining further supports wider assay availability.
China is expected to be a major contributor in the Asia Pacific market, supported by an increasing focus on preventing cancer and upgrading cancer care in the existing healthcare infrastructure. Under the Healthy China 2030 policy, early diagnosis and precise treatment of cancer have become prime focuses of the government. The government is also supporting the development of immunotherapies and companion diagnostics such as PD L-1, which leads to higher demand for immuno oncology tools. Continuous upgrades in tertiary health facilities, oncology centers, and pathology labs are expected to make the deployment of assays easier in a well-established setup.
The immuno oncology assays market in Europe is supported by structured public healthcare systems and coordinated oncology diagnostics frameworks. Standardized pathology practices and national cancer registries promote consistent adoption of immune biomarker testing within oncology workflows. Public funding for immunotherapy and biomarker assessment sustains assay demand across both academic and community hospitals.
Germany is expected to lead the Europe immuno oncology assays market due to advanced pathology infrastructure. The European Medicines Agency reinforces biomarker-aligned oncology treatment approaches across the country. Cancer treatment centers in the country are adopting biomarker-driven and immune-guided treatment protocols, which pushes routine use of assays in clinical diagnostics. The robust presence of biotechnology companies also leads to increased demand for standardized assays for manufacturing cell-based therapies. All these factors are expected to propel the immuno oncology assays market growth in Germany.
The Middle East and Africa immuno oncology assays market is shaped by increasing investments in oncology centers and rising adoption of advanced cancer diagnostics within public hospitals. Governments emphasize cancer burden reduction through improved diagnostic access, which supports integration of immune profiling assays within tertiary care facilities. Expansion of oncology training programs further supports assay utilization across the region.
Saudi Arabia leads regional adoption of immuno oncology assays, driven by centralized healthcare funding and national oncology expansion strategies. The Saudi Ministry of Health offers structural support for immuno oncology testing with an increasing investment in advancing healthcare infrastructure and diagnostic tools.
The Latin America immuno oncology assays market showcases steady growth, supported by modernization of public oncology services and a rising focus on biomarker-guided cancer treatment. National health systems invest in centralized diagnostic laboratories to improve access to advanced oncology testing. Public procurement frameworks play a central role in expanding assay penetration across urban cancer centers, which propels market growth.
Brazil dominates the Latin American market due to favorable government support and expanding capabilities of local players. The Ministério da Saúde's federal programs support molecular and immune diagnostics in oncology care. Companies such as Dasa are also reporting expansion of immuno oncology testing capabilities across their national laboratory network supporting immune biomarker evaluation.
Consumables dominated the products and services segment with a share of 62.45% in 2025. Consumables have recurring usage across immuno oncology testing workflows, including reagents, antibodies, assay kits, and staining components. Use of specialized consumables in next-generation sequencing and multiplex immunoassays also increases the volume of consumables used per test. An expanding research and clinical trial base is also expected to drive segment growth.
The software & services segment is expected to register a CAGR of 13.22%, as immune profiling workflows increasingly rely on advanced data analysis, immune mapping, and assay interpretation platforms. Software platforms enable easier understanding and integration of complex data released from multiple assay types. A rapid adoption of AI-driven tools to classify immune cell types and integrate multi-omics for holistic profiling is also expected to drive segment growth.
PCR led the technology segment with a share of 28.75% in 2025. The segment growth is driven by the widespread use of PCR in immune gene expression analysis, checkpoint marker quantification, and cytokine profiling. Compared to complex assays, PCR is more cost-effective, offers rapid results, and supports versatile applications such as gene expression profiling and treatment monitoring.
The NGS segment is expected to have a CAGR of 13.67% during the forecast period, as immune repertoire profiling and tumor immune interaction analysis gain traction. Expanding use of sequencing-based assays for T cell receptor diversity neoantigen assessment and immune response tracking across immunotherapy programs. This drives higher adoption of NGS within research and translational oncology environments.
Lung cancer dominated the indication segment in 2025 with a share of 33.67% due to high adoption of immune checkpoint inhibitors and biomarker-guided treatment strategies in lung oncology. Extensive use of PD L1 for immune profiling, tumor microenvironment analysis, and response monitoring assays across lung cancer management pathways sustains strong assay demand.
The breast cancer segment is expected to lead the indication segment with a CAGR of 13.88% during the forecast period. The use of immunotherapy is expanding to broader treatment regimes. Breast cancer treatment highly relies on biomarker profiling, such as HER2 status, hormone receptors, and PIK3CA. Monoclonal antibodies and antibody drug conjugates are showing positive results in triple-negative breast cancer and HER2-positive disease. With the rising cases of breast cancer, the use of such assays is expected to increase, thus expanding segment growth.
Research applications dominate the application segment, driven by extensive use of immuno oncology assays across biomarker discovery, immune mechanism studies, and therapy development programs.
The clinical diagnostics segment is emerging as the fastest-growing application segment, with a CAGR of 13.63%, as immune-based biomarkers are gaining integration into oncological diagnostic workflows. A shift toward precision oncology, customized regimes supports the use of biomarkers in clinical diagnostics. The increasing need for accurate and standardized testing by clinicians is expected to drive segment growth.
| SEGMENT | INCLUSION | DOMINANT SEGMENT | SHARE OF DOMINANT SEGMENT, 2025 |
|---|---|---|---|
|
PRODUCT & SERVICES |
|
Consumables |
62.45% |
|
TECHNOLOGY |
|
PCR |
28.75% |
|
INDICATION |
|
Lung Cancer |
33.67% |
|
APPLICATION |
|
Clinical Diagnostics |
XX% |
|
REGION |
|
North America |
41.98% |
| REGULATORY BODY | COUNTRY/REGION |
|---|---|
|
US FDA |
US |
|
European Union Medical Device Regulation |
Europe |
|
National Medical Products Administration |
China |
|
Therapeutic Goods Administration |
Australia |
|
Pharmaceuticals and Medical Devices Agency |
Japan |
The immuno oncology assays market is moderately consolidated and is characterized by the presence of established diagnostics manufacturers and specialized molecular and immunodiagnostic companies. Market competition is defined by assay sensitivity and specificity biomarker coverage, such as PD-L1 MSI. Market players also focus on offering assays compatible with companion diagnostic and laboratory-developed test workflows. Leading players maintain their position through broad assay portfolios, strong regulatory clearances, and close alignment with pharmaceutical immunotherapy pipelines. Competitive strength is further influenced by the integration of assays with automated platforms for clinical validation across multiple cancer indications and long-term collaborations with hospitals, reference laboratories, and oncology research centers.
| TIMELINE | COMPANY | DEVELOPMENT |
|---|---|---|
|
February 2026 |
Eli Lilly and Innovent |
The companies partnered to work on developing immunology and oncology drugs. |
|
January 2026 |
10x Genomics |
10x Genomics entered into a multi-year collaboration with Dana-Farber Cancer Institute to advance research on tumor profiling to identify immune biomarkers for precision diagnostics. |
|
January 2026 |
Mabtech |
Mabtech and Sai Life Sciences announced a strategic collaboration to establish Sai’s Boston laboratory as a co-marketed execution and demonstration hub for the Mabtech EYRA platform for advancing immuno assay services. |
|
November 2025 |
JSR Life Sciences LLC and Adicon Holdings Limited |
JSR Life Sciences LLC announced that it has entered into a definitive agreement to transfer Crown Bioscience Inc. to Adicon Holdings Limited, an independent clinical laboratory provider. This move will enable Crown Bioscience to operate as a standalone entity under Adicon's ownership by providing translational oncology services, including its patient-derived xenograft (PDX) models, tumor organoid platforms, immuno oncology assays, and bioinformatics solutions. |
|
November 2025 |
Cue Biopharma and ImmunoScape |
Cue Biopharma and ImmunoScape collaborated to develop novel cell therapy for solid tumors. |
|
November 2025 |
Revvity |
Revvity collaborated with MDIC to launch Mimix Geni standards for monitoring diagnostic assay performance in NGS tests. |
|
July 2025 |
Thermo Fisher Scientific Inc. |
The company introduced the Oncomine Comprehensive Assay Plus for genomic profiling in oncology. |
|
July 2025 |
Illumina, Inc. |
The company launched TruSight Oncology 500 v2 to improve immuno oncology biomarker integration into tumor profiling research. |
Source: Secondary Research
| Report Metric | Details |
|---|---|
| Market Size in 2025 | USD 6.16 Billion |
| Market Size in 2026 | USD 6.91 Billion |
| Market Size in 2034 | USD 17.95 Billion |
| CAGR | 12.66% (2026-2034) |
| Base Year for Estimation | 2025 |
| Historical Data | 2022-2024 |
| Forecast Period | 2026-2034 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Products & Services, By Technology, By Indication, By Application |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM |
| Countries Covered | US, Canada, UK, Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia |
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Debashree Bora
Healthcare Lead
Debashree Bora is a Healthcare Lead with over 7 years of industry experience, specializing in Healthcare IT. She provides comprehensive market insights on digital health, electronic medical records, telehealth, and healthcare analytics. Debashree’s research supports organizations in adopting technology-driven healthcare solutions, improving patient care, and achieving operational efficiency in a rapidly transforming healthcare ecosystem.