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Liquid Biopsy Market to Grow at a CAGR of 9.9% Through 2027 - Lead by Biocept, Inivata, MDxHealth, Qiagen, LungLife AI and Exosome Diagnostics

09-30-2020 09:44 AM CET | Health & Medicine

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Liquid Biopsy Market

Liquid Biopsy Market

Liquid Biopsy Market was valued at US$ 3,861.49 million in 2019 and is projected to reach US$ 8,123.85 million by 2027; it is expected to grow with a CAGR of 9.9% during 2020 - 2027. The report provides trends prevailing in the global liquid biopsy market and the factors driving market along with those that act as hindrances.

The increasing prevalence of cancer is the major factor driving the growth of the market. However, low sensitivity of liquid biopsy is likely to restrain the growth of the market during the forecast years.

Worldwide Liquid Biopsy Market Analysis to 2027 is a specialized and in-depth study of the Liquid Biopsy Industry with a focus on the global market trend. The report aims to provide an overview of global Liquid Biopsy Market with detailed market segmentation by product/application and geography. The global Liquid Biopsy Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Liquid Biopsy players and offers key trends and opportunities in the market.

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Top Dominating Key Players:

1. Biocept, Inc
2. Bio-Rad Laboratories Inc
3. LungLife AI, Inc
4. Exosome Diagnostics
5. F. Hoffmann-la Roche ltd
6. Exact Sciences Corporation
7. Inivata Ltd
8. MDxHealth
9. Qiagen
10. Thermo Fisher Scientific Inc.

Based on product & services, the liquid biopsy market is segmented into equipment, reagents & kits and services. The reagents & kits segment held the largest share of the market in 2019 and the same segment is anticipated to register the highest CAGR of 10.3% in the market during the forecast period. The growth of reagents & kit segment is attributed to the enhancement of solution to improve staining results and unique antibodies with fluorescent staining markers.

There are various reagent & kits available in market for the detection of cancerous cell. For instance, MagMAX cell-free total nucleic acid isolation kit used to isolate and purify cfRNA and cfDNA from serum, plasma, or urine samples with the help of magnetic bead-based technology.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Liquid Biopsy Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Liquid Biopsy Market segments and regions.

Scope of the study:

The research on the Liquid Biopsy Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Liquid Biopsy Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

The report segments global liquid biopsy market as follows:

Liquid Biopsy Market - By Product & Service

Equipment
Reagents & Kits
Services

Liquid Biopsy Market - By Sample

Blood Based
Urine Based
Other samples

Liquid Biopsy Market - By Circulating Biomarker

Circulating Tumor Cells (CTC)
Exosomes
Free Nucleic Acid

Liquid Biopsy Market - By Application

Noninvasive Prenatal Testing (NIPT)
Oncology
Transplant Diagnostics
Other Applications

Liquid Biopsy Market - By End User

Academic & Research Institutes
Hospitals
Reference Laboratories
Other End Users

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Reasons to Buy the Report:

Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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