Solid Tumor Testing Market Size & Share Report, 2033

Research Methodology – Solid Tumor Testing Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Solid Tumor Testing Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Solid Tumor Testing Market is developed by integrating key market indicators and macroeconomic variables. These include:

1 Factors considered while calculating market size and share

Current and potential number of patients with solid tumors.
The number of diagnostic tests conducted annually.
The price of each solid tumor test in different regions.
Investments in healthcare services by various governments.
Competitive landscape: number of competitors and their market share.
Technological advancements in solid tumor testing techniques.
Insurance coverage and reimbursement policies for solid tumor tests.
Global and regional economic conditions affecting healthcare spending.

2 Key Market Indicators

Growth in the number of solid tumor patients globally and regionally.
Rate of adoption of next-generation sequencing techniques for solid tumor testing.
Growth rate of investment in R&D by major players in the market.
Changes in regulatory policies and their impact on the market.
Emergence of new competitors in the market.
Trends in healthcare spending in developed and developing countries.
Growth in the number of specialized cancer hospitals or clinics.

3 Growth Trends

Increase in the prevalence of various types of solid tumors globally.
Growing awareness about early cancer detection and diagnostic tests.
Technological advancements in genomic data analysis tools for cancer diagnosis.
Increased public and private funding in cancer research and development.
Rising adoption of personalized medicine for cancer treatment.
Growth in adoption of minimally invasive diagnostic procedures.
Emergence of AI and machine learning for tumor testing and analysis.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Solid Tumor Testing Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Solid Tumor Testing Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: