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Circulating Tumor Cell Market Is Expected To Grow At the CAGR Of 13.8 % | Due to Increasing Number of Cancer Patients across the World – Outlook to 2023

05-14-2018 09:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Research Future

Market Research Future

Worldwide Circulating Tumor Cell Market 2018 Research Report implements an exhaustive study on Market Research Future. This Report Cover Key Market Driver, market size, growth rate, opportunities, market Dynamics and Overall Analysis. And also cover the other information such as Circulating Tumor Cell Market trends, Prominent players, chapter-wise Description followed by various user perceptions and Forecast till 2023.

Global Circulating Tumor Cells Market – Overview

Global circulating tumor cell market is expected to grow at the CAGR of 13.8% during forecasted period of 2017-2023. Circulating tumor cells are also known as tumor generating cells. They has a capability to from a tumor in different part of the body which causes cancer. The exact cause of cancer is still unknown but it is expected that different factors like genetic, exposure to radiation and numerous daily habits are also responsible for causing cancer. Global circulating tumor cells market is expecting a luxurious growth in coming future due to increasing prevalence of cancer which has increased the demand of better diagnostic test for cancer. High cost of diagnosis and lengthy approval time both are major hurdles for the growth of this market.

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On regional basis global circulating tumor cell market is segmented into four major regions namely North America, Europe, Asia Pacific and Middle East and Africa. North America has the largest market in the global circulating tumor cell market. 45 % of the total global circulating tumor cell market is dominated by North America. Europe is the second largest market which is followed by Asia Pacific which is the third largest market. Asia Pacific is the fastest growing region in the global market for the same due to increasing number of cancer patients. Rapid development in the healthcare sector and increasing demand of better diagnostic test for cancer in Asia Pacific has boosted this market in this region.

Prominent Players:

ApoCell, Inc. (US), Biocep Ltd. (Israel), Fluxion Biosciences, Inc. (US), Biocept, Inc. (US), Biofluidica Microtechnologies LLC (US), Creatv Microtech, Inc. (US), Celltraffix Inc. (US), Clearbridge Biomedics (Singapore), Janssen Diagnostics LLC (US), Cynvenio Biosystems, Inc. (US), STEMCELL Technologies, Inc. (Canada), Epic Biosciences Inc. (US), Ikonisys, Inc. (US), IVDiagnostics, Inc. (US), ScreenCell (France), RARECELLS SAS (Italy), Epic Sciences (US), QIAGEN Hannover GmbH (Germany), Celula (US), Advanced Cell Diagnostics (US) and  AdnaGen (Germany)

Regional Overview:

On regional basis, North America has a leading market for circulating tumor cells. According to National Cancer Institute, in 2014 14 million people in North America were suffering from cancer and number of these patients are increasing continuously. It is the major reason for the development of this market in North America. Europe has the second largest circulating tumor cells market which is followed by Asia Pacific. Asia Pacific is the fastest growing region for circulating tumor cells due to huge population base, rapid development in healthcare sector, infrastructure development and many more factors. Middle East and Africa has the least market for circulating tumor cells.

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Competitive Analysis:

November 2017: Epic Sciences, Inc. announces the release of its breast cancer single-cell profiling panel. This epics breast cancer panel is the most complete breast cancer biomarker panel available for classification of circulating tumour cells (CTCs) within a blood sample. Moreover, multiple biopharma and academic institutes are vigorously utilizing the panel as a clinical research tool to analyse the influence of dozens of novel and standard of care therapies in context to biochemical drivers of disease progression.

Furthermore, in addition to measuring modifications in CTC’s circulating tumour burden, the panel examines clinically relevant hormone receptor status, genomic drivers, and novel morphologic signatures for homologous recombination deficiency (HRD) and heterogeneity on every circulating tumour cells (CTC) individually. These biomarkers cover an enormous percentage of therapeutic classes presently working on clinical trials. The panel design permits flexibility of analysis based upon the needs of the clinical research being employed.

Further in November 2017 Clearbridge BioMedics and Leica Biosystems had an partnership to Co-market Automated Solutions for Circulating Tumor Cell (CTC) Analysis. This is precisely for the Clearbridge BioMedics ClearCell FX CTC enrichment system and the Leica Biosystems BOND RX staining platform. This new partnership provides an incorporated and mechanised workflow for circulating tumour cells CTC enrichment and immunostaining, improving on major challenges in circulating tumour cells CTC liquid biopsy testing, such as handling and standardization.

The ClearCell FX System is an automatic circulating tumour cells CTC enrichment system, powered by the patented CTChip FR1 microfluidics biochip. Using a label-free method, the ClearCell FX System retrieves wholly-intact and feasible CTCs from a standard blood draw. The gentle categorisation principle retains high cell integrity and cell surface antigen expression. This coupled with single-step CTC retrieval, provides a seamless integration into pathology lab workflows.

TOC of Circulating Tumor Cell Market:

1 INTRODUCTION

1.1 DEFINITION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS & LIMITATIONS

1.2.2.1 ASSUMPTIONS

1.2.2.2 LIMITATIONS

1.3 MARKET STRUCTURE:

2 RESEARCH METHODOLOGY

2.1 RESEARCH PROCESS:

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH:

3 MARKET DYNAMICS

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 MACROECONOMIC INDICATORS

4 MARKET FACTOR ANALYSIS

4.1 PORTERS FIVE FORCES MODEL

4.2 BARGAINING POWER OF SUPPLIERS

4.3 BARGAINING POWER OF BUYERS

4.4 THREAT OF NEW ENTRANTS

4.5 THREAT OF SUBSTITUTES

4.6 INTENSITY OF RIVALRY

5. GLOBAL CIRCULATING TUMOR CELL, BY APPLICATION

TOC CONTINUED…

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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