Liquid Biopsy Market Growth Analysis By Top Key Players: Biocept, Inc., Qiagen, F. Hoffmann-La Roche AG , Bio-Rad Laboratories Inc., Myriad Genetics , Janssen Diagnostics, LLC., Trovagene Inc., Guardant Health Inc., GRAIL, and MDX Health SA.
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The global liquid biopsy market is segmented based on product & service, circulating biomarker, cancer type, end user, and geography. Based on product & service, it is categorized into reagents, instruments and services. On the basis of circulating biomarker, it is classified into circulating tumor cells, circulating tumor DNA, extracellular vesicles and other biomarkers. The market is studied across different cancer types, such as lung, breast, colorectal, prostate, liver, and other cancers. Based on end user, it is bifurcated into hospitals & laboratories and government & academic research centers. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market is expected to witness a moderate growth during the forecast period, owing to the benefits offered by liquid biopsies over solid tissue biopsy methods. Furthermore, surge in prevalence of cancer and rise in awareness about minimally invasive methods among the patient pool are anticipated to augment the market growth. The increase in pre-screening programs for cancer detection is expected to present various opportunities for market expansion. However, alternatives to liquid biopsies and unclear reimbursement & regulation scenario are expected to hamper the market growth.
The report provides extensive competitive analysis and profiles of key market players, such as
F. Hoffmann-La Roche AG,
Bio-Rad Laboratories Inc.,
Janssen Diagnostics, LLC.,
Guardant Health Inc.,
GRAIL, and MDX Health SA.
The other players in the value chain include Fraunhofer-Gesellschaft, Horizon Discovery, Illumina, Inc., Cynvenio, Diagnologix, Exosome Sciences, and CyoTrack.
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Key Findings of the Liquid Biopsy Market:
- The government & academic research center segment is projected to grow at the highest rate during the analysis period.
- Hospital & laboratory segment was the highest revenue-generating segment, and is expected to continue its dominance in future.
- North America dominated global liquid biopsy market, and is projected to grow at a CAGR of 28.1%.
- China is expected to grow at the highest CAGR of 34.1% in Asia-Pacific region.
- The instruments segment is anticipated to grow at the highest CAGR of 29.8% during the forecast period.
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Table of Content
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. TOP PLAYER POSITIONING
3.4. PORTER’S FIVE FORCES ANALYSIS
3.6. MARKET DYNAMICS
18.104.22.168. Increase in demand for safe and non-invasive procedures
22.214.171.124. Surge in the global prevalence rate of cancer
126.96.36.199. Advantages of liquid biopsy tests over traditional tests
188.8.131.52. Limitations associated with liquid biopsy testing
184.108.40.206. Lack of awareness in developing and underdeveloped regions
220.127.116.11. Use of liquid biopsy for treatment of rare cancer
18.104.22.168. Untapped potential of emerging markets
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