openPR Logo
Press release

Looking at Growing Demand of Liquid Biopsy: Market Size Is Anticipated To Reach A Valuation Of $3,805 Million By 2023

11-28-2018 07:40 PM CET | Health & Medicine

Press release from: Allied Market Research

Looking at Growing Demand of Liquid Biopsy: Market Size

Liquid biopsy tests are executed to understand the molecular aspects of cancer across the healthcare and research settings, such as hospitals, physicians, pathological and research laboratories. It is a non-invasive blood test that could provide researchers, physicians, and surgeons with information about the cancer profile of the patient and appropriate therapy to improve the survival rate of the cancer patients.

Liquid Biopsy Market accounted for $634 million in 2016, and is estimated to reach at $3,805 million by 2023, registering a CAGR of 28.9% from 2017 to 2023. North America was the highest contributor in the liquid biopsy market in 2016; however, Asia-Pacific is anticipated to witness a highest growth rate throughout the forecast period.

Buy now and get FREE One Month Knowledge Tree Subscription (valid till 30 Nov'18): https://www.alliedmarketresearch.com/checkout/879599

The key companies profiled in the report include

- 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.

Liquid biopsy tests prove to be an easy and non-invasive method to access to molecular information about the tumor genome. Moreover, these tests facilitate early detection of cancer recurrence and characterization of tumor dynamics. Safety and efficiency of cancer treatment is improved by the use of these tests, owing to their ability to characterize new lesions, implement apt therapeutic targets, and predict the treatment outcome.

The advantages of implementing liquid biopsy over conventional methods of solid tissue biopsy are expected to boost the growth of the market. The advantages of liquid biopsies, such as minimally invasiveness and metastatic relapse evaluation, are expected to increase the demand for these tests. Furthermore, the increase in disposable income among cancer patients, surge in prevalence of cancer cases, and patient preference for minimally invasive therapies are anticipated to fuel the market growth. Rise in healthcare expenditure in the developing countries, such as India and China, and use of liquid biopsy tests to treat rare cancers are expected to present multiple opportunities for market growth. However, this growth is restricted, owing to alternatives to liquid biopsies and unclear reimbursement & regulation scenario.

Download PDF Report Sample @ www.alliedmarketresearch.com/request-sample/1891?utm_source=OPR

Reagent was the highest revenue contributor in 2016, and is anticipated to continue this trend in the future. The requirement of reagents to execute liquid biopsy tests and their applicability are expected to boost the growth of this segment.

Lung cancer dominates the cancer by type segment of liquid biopsy market. The U.S. Food and Drug Administration (FDA) has also approved a liquid biopsy companion diagnostic test called cobas EGFR mutation test v2 to identify patients with metastatic non-small cell lung cancer (NSCLC) In addition, the growth in prevalence of lung cancer has contributed to provide lucrative opportunities in the market.

In 2016, North America accounted for highest contribution to the total revenue generated, owing to the high prevalence rate of cancer and high adoption rate of novel liquid biopsy tests. However, Asia-Pacific is expected to witness the highest CAGR during the analysis period, attributable to rise in disposable income, increase in government initiatives to modernize healthcare infrastructure, and rise in healthcare expenditure.

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.

LIST OF TABLES

TABLE 1. GLOBAL LIQUID BIOPSY MARKET, BY PRODUCT & SERVICE, 2016-2023 ($MILLION)
TABLE 2. KITS & REAGENTS BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 3. PLATFORMS & INSTRUMENTS LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4. SERVICE LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5. GLOBAL LIQUID BIOPSY MARKET, BY CIRCULATING BIOMARKER, 2016-2023 ($MILLION)
TABLE 6. GLOBAL CTC LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 7. CTDNA LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 8. EVS LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. OTHER BIOMARKERS LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 10. GLOBAL LIQUID BIOPSY MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 11. LUNG CANCER LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12. BREAST CANCER LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. COLORECTAL CANCER LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14. PROSTATE CANCER LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 15. LIQUID BIOPSY LIVER CANCER MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 16. LIQUID BIOPSY OTHER CANCERS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 17. GLOBAL LIQUID BIOPSY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 18. HOSPITAL AND LABORATORY LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 19. GOVERNMENT AND ACADEMIC RESEARCH CENTER LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 20. LIQUID BIOPSY MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 21. NORTH AMERICA LIQUID BIOPSY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22. NORTH AMERICA LIQUID BIOPSY MARKET, BY PRODUCT & SERVICE, 2016-2023 ($MILLION)
TABLE 23. NORTH AMERICA LIQUID BIOPSY MARKET, BY CIRCULATING BIOMARKER, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA LIQUID BIOPSY MARKET, BY CANCER TYPE, 2016-2023 ($MILLION)
TABLE 25. NORTH AMERICA LIQUID BIOPSY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 26. EUROPE LIQUID BIOPSY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 27. EUROPE LIQUID BIOPSY MARKET, BY PRODUCT & SERVICE, 2016-2023 ($MILLION)
TABLE 28. EUROPE LIQUID BIOPSY MARKET, BY CIRCULATING BIOMARKER, 2016-2023 ($MILLION)
TABLE 29. EUROPE LIQUID BIOPSY MARKET, BY CANCER TYPE, 2016-2023 ($MILLION)
TABLE 30. EUROPE LIQUID BIOPSY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 31. ASIA-PACIFIC LIQUID BIOPSY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC LIQUID BIOPSY MARKET, BY PRODUCT & SERVICE, 2016-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC LIQUID BIOPSY MARKET, BY CIRCULATING BIOMARKER, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC LIQUID BIOPSY MARKET, BY CANCER TYPE, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC LIQUID BIOPSY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 36. LAMEA LIQUID BIOPSY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 37. LAMEA LIQUID BIOPSY MARKET, BY PRODUCT & SERVICE, 2016-2023 ($MILLION)
TABLE 38. LAMEA LIQUID BIOPSY MARKET, BY CIRCULATING BIOMARKER, 2016-2023 ($MILLION)
TABLE 39. LAMEA LIQUID BIOPSY MARKET, BY CANCER TYPE, 2016-2023 ($MILLION)
TABLE 40. LAMEA LIQUID BIOPSY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 41. BIOCEPT INC.: COMPANY SNAPSHOT
TABLE 42. BIOCEPT INC.: PRODUCT PORTFOLIO
TABLE 43. BIO-RAD LABORATORIES, INC.: COMPANY SNAPSHOT
TABLE 44. BIO-RAD LABORATORIES, INC.: OPERATING SEGMENTS
TABLE 45. BIO-RAD LABORATORIES, INC.: PRODUCT PORTFOLIO
TABLE 46. F. HOFFMANN-LA ROCHE LTD.: COMPANY SNAPSHOT
TABLE 47. F. HOFFMANN-LA ROCHE LTD.: OPERATING SEGMENT
TABLE 48. F. HOFFMANN-LA ROCHE LTD.: PRODUCT PORTFOLIO
TABLE 49. GUARDANT HEALTH INC.: COMPANY SNAPSHOT
TABLE 50. GUARDANT: PRODUCT CATEGORY
TABLE 51. ILLUMINA, INC.: COMPANY SNAPSHOT
TABLE 52. ILLUMINA, INC.: OPERATING SEGMENTS
TABLE 53. ILLUMINA, INC.: PRODUCT PORTFOLIO
TABLE 54. JOHNSON & JOHNSON: COMPANY SNAPSHOT
TABLE 55. JOHNSON & JOHNSON: OPERATING SEGMENTS
TABLE 56. JOHNSON & JOHNSON: PRODUCT PORTFOLIO
TABLE 57. MDXHEALTH SA: COMPANY SNAPSHOT
TABLE 58. MDXHEALTH SA: PRODUCT CATEGORIES
TABLE 59. MYRIAD GENETICS, INC.: COMPANY SNAPSHOT
TABLE 60. MYRIAD GENETICS, INC.: OPERATING SEGMENTS
TABLE 61. MYRIAD GENETICS, INC.: PRODUCT PORTFOLIO
TABLE 62. QIAGEN N.V.: COMPANY SNAPSHOT
TABLE 63. QIAGEN N.V.: OPERATING SEGMENTS
TABLE 64. QIAGEN N.V.: PRODUCT PORTFOLIO
TABLE 65. TROVAGENE, INC. : COMPANY SNAPSHOT
TABLE 66. TROVAGENE, INC.: PRODUCT PORTFOLIO

Access Full Summery @ https://www.alliedmarketresearch.com/press-release/liquid-biopsy-market.html?utm_source=OPR

About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Looking at Growing Demand of Liquid Biopsy: Market Size Is Anticipated To Reach A Valuation Of $3,805 Million By 2023 here

News-ID: 1406149 • Views: 202

More Releases from Allied Market Research

Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is

All 5 Releases


More Releases for TABLE

Table Butter Market
https://www.qandqmarketresearch.com/reports/7491950/table-butter-market-60 The global Table Butter market is valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 20192025. The objectives of this study are to define, segment, and project the size of the Table Butter market based on company, product type, end user and key regions. This report studies the global market size of Table Butter in key regions like
Global Table Linen Market 2017: IKEA, URQUILDLINEN, Jomar Table Linens
WiseGuyReports.com adds “Global Table Linen Market Report 2017” reports to its Database. With the slowdown in world economic growth, the Table Linen industry has also suffered a certain impact, but still maintained a relatively optimistic growth. The past four years, Table Linen market size maintained the average annual growth rate of 1.17% from 18200 million $ in 2013 to 19100 million $ in 2016. BisReport analysts believe that in the next
Global Table Lamps Industry
In our aim to provide our erudite clients with the best research material with absolute in-depth information of the market, our new report on Global Table Lamps Market is confident in meeting their needs and expectations. The 2017 market research report on Global Table Lamps Market is an in-depth study and analysis of the market by our industry experts with unparalleled domain knowledge. The report will shed light on many
Germany Table Blender Standard Updated
The German National Technology Safety Center (ZLS) has published Decision EK1 646-16, modifying the safety requirements for table blenders. The update, approved as category B, modifies parts of clause 20.2 in EN 60335-2-14, a standard dealing with the safety of domestic electric kitchen machines, such as food mixers, electric knives and blenders. The updates contained within EK 1 646-16 relate to table blenders and include: • Modification to third paragraph in clause 20.2
Billiard Table Manufacturer, Pool Table Supplies
Chevillotte Billiards manufactures the highest standard quality billiards table in the world. Our manufacturing facility has been making billiard table and it's accessories since the 1860's and earned a lots of name and respects in the billiards industry. We manufacture our billiards products as per the requirements of the clients and also assist customized solutions to them. Our range is designed as per the latest market trends and is ideal
Billiard Table Manufacturer, Billiards Table, Pool Table Supplies, Online Billia …
French company Chevillotte is one of the most recognized and world’s premier manufacturers of Billiard Table, snooker and pool tables. We have been making high quality Billiard Table for our customers beyond since the 1860. Our expert teams of crafts men maintain to work with the premium available resources to build better-quality billiard tables. The specialty of Chevillotte Billiard Table is that we are always current with the latest trends