Press release
Circulating Tumor Cell Market Key Drivers Analysis to Ensure Healthy Growth at 20.32% of CAGR with F. Hoffmann-La Roche Ltd, GE Healthcare, Thermo Fisher Scientific, STEMCELL Technologies etc. During 2018-2023
Global Circulating Tumor Cell Market – SegmentsMRFR has segmented its analysis into four Key dynamics for an easy grasp;
By Applications: Clinical, Research, and Drug Development among others.
By Technologies: CTC Enrichment, CTC Detection, and Combined Enrichment and Separation of CTC (CTC analysis) among others.
By End-Users: Hospital & Clinics, Research & Academic Institutes, and Diagnostic Centers among others.
By Regions: APAC, North America, Europe, and the Rest-of-the-World.
Global Circulating Tumor Cell Market – Insights
The Global Circulating Tumor Cell Market was valued at USD 9393.1 Million in 2017 and is expected to attain USD 28,399.2 Million by the end of 2023. Factors such as growing prevalence of cancer, increasing research and development activities, advances in biomedical and bioengineering technology and rise in global geriatric population are factors which will shape the global circulating tumor cell market and help it attain a CAGR of 20.32% over the forecast period of 2018-2023.
Circulating tumor cells find their application in cancer diagnostics and management and growing incidences of oncology diseases boost the growth of the global circulatory tumor cells market. CTCs are used as a biomarker for early detection of cancer; they act as an indicator of treatment response and are beneficial in predicting outcomes and prognostication in cancer management.
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Global Circulating Tumor Cell Market – Competitive Landscape
The global CTC market appears intensely competitive with the several large and small players forming a competitive edge in the market incorporating strategic partnership, collaboration, acquisition, expansion, and technology launch. Significant investments are transpired in the field to bring innovations to the therapy and clinical trials.
Key Players:
Some of the eminent leaders of the market include Greiner Bio-One International GmbH, Ikonisys Inc., Thermo Fisher Scientific, STEMCELL Technologies, SRI International, Miltenyi Biotec, QIAGEN Hannover (QIAGEN), Menarini Silicon Biosystems, F. Hoffmann-La Roche Ltd, Fluxion Biosciences, Inc., NanoString Technologies, Inc, GE Healthcare, Advanced Cell Diagnostics, Inc. (Bio-Techne Corporation), ApoCell, Celltraffix Inc., and Epic Lifesciences.
Industry/ Innovation/Related News:
September 17, 2018 – Scientists at the University of California, Los Angeles (US) published in the Proceedings of the National Academy of Sciences the study of a mechanism for characterizing the function of rare tumor cells which they have developed.
These researchers have created a quick and effective mechanism to measure how these cells perform functions that drive the disease, such as producing proteins that degrade tissue. Their findings could lead to more personalized treatments for people with cancer.
September 19, 2018 – ApoCell, Inc. (US), a leader global in specialty clinical Research Company involved in the capture and analysis of CTC, unveiled the biomarker results from the BEACON Phase 3 clinical trial utilizing Apocell's proprietary circulating tumor cell enrichment system, ApoStream®. It is one of its own kind of publication that shows changes in a therapeutic target biomarker detected in CTCs that impacts overall survival in an important subset of metastatic breast cancer (MBC) patients.
Global Circulating Tumor Cell Market – Geographical Analysis
The North American region leads the circulating tumor cell market globally; the growth is largely supported by the U.S. with the increasing prevalence of types of cancer as consequences of the wrong lifestyle. Besides, technological advancements getting transpired in the medical science and biotechnology alongside the substantial healthcare expenditure support the market growth.
The European region stands as another lucrative market for the circulating tumor cell. The market is growing owing to the increasing number of cancer patients in the region. Furthermore, the proliferation of advanced treatment facilities alongside the availability of skilled medical professionals, and the government support for research & development drives the market in the region. Moreover, factors such as technological advancement and well-spread awareness among people towards cancer and its consequences drive the growth of the regional market.
The CTC market in the Asia Pacific region is emerging as a promising market owing to the increasing number of cancer patients. Factors substantiating market growth include the increasing prevalence of cancer, spreading awareness among people about cancer, and the availability of new treatment methods. Proliferating markets in China and India majorly contribute to the market growth in the region.
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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