Press release
Liquid Biopsy Market Size, Trends, Fastest Upcoming Growth and Competitive Strategies Forecast to 2023
The Business Research Company
The global liquid biopsy market was worth $2.9 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 20.80% and reach $6.1 billion by 2023.
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The liquid biopsy market consists of sales of liquid biopsy services and related products used to detect cancer at an early stage. Liquid biopsy is an easy and minimally invasive technology which involves test done on a blood sample to detect the DNA from tumour cells in the blood. Unlike surgical biopsies it allows medical doctors to find a tumour through a blood test.
Unclear regulations on laboratory developed tests (LDT) for liquid biopsy have always been a major challenge in the liquid biopsy market. A laboratory developed test (LDT) is an in-vitro diagnostic test (IVD) intended for clinical use that is designed, manufactured to be used in a single laboratory. For instance, in 2019, the Food and Drug Administration (FDA) proposed a plan to increase the regulations for the approval of laboratory developed tests.
Liquid Biopsy Market Segmentation:
By Product
1. Assays Kits
2. Instruments
3. Services
By End User
1. Reference Laboratories
2. Hospitals and Physician Laboratories
3. Academic and Research Centers
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Few Points From Table Of Content
1. Executive Summary
2. Liquid Biopsy Market Characteristics
3. Liquid Biopsy Market Size And Growth
4. Liquid Biopsy Market Segmentation
5. Liquid Biopsy Market Regional And Country Analysis
……
25. Liquid Biopsy Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Liquid Biopsy Market
27. Liquid Biopsy Market Trends And Strategies
28. Liquid Biopsy Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the liquid biopsy market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the liquid biopsy market are QIAGEN N.V., Roche Diagnostics, Bio-Rad Laboratories Inc., Myriad Genetics, Inc., Guardant Health Inc., Thermo Fisher Scientific, Guardant Health, Menarini Silicon Biosystems, Biocept, Inc., F. Hoffmann-La Roche AG, Janssen Diagnostics, LLC., Tr0vagene Inc., Fraunhofer-Gesellschaft, MDX Health SA, Agilent Technologies Inc., Cygnus Biosciences, Illumina Inc., Oxford Nanopore, Quantum Biosystems
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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