Liquid Biopsy Market is expected to reach US$ 8,123.85 million in 2027

The liquid biopsywas valued at US$ 3,861.49million in 2019 and is projectedto reachUS$ 8,123.85 million by 2027; it is expected to grow at a CAGR of 9.9% from 2020 to 2027.

The growing prevalence of canceris a driving factorfor the growth of global liquid biopsymarket. However, low sensitivity of liquid biopsy is likely to restrain the growth of the market during the forecast period.

Liquid biopsy is a noninvasive diagnostic test that identifies various types of cancer. The increasing prevalence of cancer among population is leading to the growth of liquid biopsy market across the world. For instance, in Canada, cancer is the leading cause of death among population and it is witnessed to be a second-leading cause after heart diseases in the US. As per the American Cancer Society, Inc, approximately, 1.9 million new cancer cases and 693,000 cancer deaths were recorded in 2018, in Northern America. Prostate cancers are the most commonly diagnosed cancers among males in North America; however, breast cancers remains leading in females. Additionally, lung cancer remains the most common cause of death in both sexes. It is estimated that the number of new cancer cases is accounted for 439.2 per 100,000 men and women every year.

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The detailed study report used Porter 's analysis of five powers and SWOT analysis to provide readers with a reasonable understanding of the path the global Liquid Biopsy demand is supposed to go. The review of Porter's five powers illustrates the nature of competitive competition while the SWOT analysis focuses on illustrating the assets, vulnerabilities, prospects, and challenges emerging on the global Liquid Biopsy industry. The study report offers an in-depth analysis of the dynamics and habits in customer behaviour expected to drive the future of the global Liquid Biopsy industry.

Major 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.

The impact on the market and individual segment of the COVID-19 crisis is explored in the report. It includes a detailed overview of existing and potential consumer developments about the impact of the pandemic on the consumer. The report is updated due to the pandemic, with the latest economic scenario and dynamic changes in market trends.

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The research addresses trends influencing the key players in the industry and the latest technological advances. The report provides detailed statistical data that will help leading firms gain a deeper understanding of the industry's workings. The report examines every leading organization and player involved in industrial development and gives a comprehensive overview of the competitive

Major Points Covered in The Report:
1. A detailed analysis of the historical years ( 2015-2020) and over the forecast period (2020-2025) was presented.
2. Informative data on global market SIP Based IP PBX
3. The report covers important industry-related statistics along with products, size, price analysis, demand & supply, production and consumption rates
4. Increases the decision-making process by making drivers available and by limitations
5. Emerging trends and current analysis of market segments help investors formulate new business strategies
6. Strategic investment options recommendations
7. Country-wise market analysis along with types , applications and production

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