Minimal Residual Disease Market Recent Research Extremely Favorable To The Expansion Rate By 2019 to 2029

The minimal residual diseases are leukemic cells that stay in a patient during or after treatment. The ongoing treatment of cancer through chemotherapy or radiotherapy is not every time capable of eliminating all the carcinogenic cells and it may moreover be a cause of malignancy. Minimal residual disease test is useful to confirm the traces of leukemic cells during and after the treatment of cancer.

The different treatments employed throughout the onset can be tested by minimal residual disease confirmatory test to check the efficacy of the different tests and choose the best treatment to eradicate the cancer cells. The recurrence of cancer and cell proliferation can be quantitatively measured by the minimal residual disease test.

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US FDA approved first Next-Generation Sequencing based test; clonoSEQ Assay that uses multiplex polymerase chain reaction and NGS to identify and quantify certain gene sequences extracted from bone marrow of patients suffering from acute lymphoblastic leukemia and myeloma.

The rising number of patients with cancer is expected to be the prime factor for the growth of minimal residual disease market. The awareness among people to confirm the presence of carcinogens is expected to be the one of the surging drivers for the minimal residual disease market. The patients with ongoing cancer treatment is anticipated to be the most important factor that will grow the minimal residual disease market.

Market Segmentation:

Based on test technique
PCR
FISH
NGS

Based on detection target
Leukemia
Lymphoma
Solid Tumors
Other

Based on test type
DNA-based test
RNA-based test
Immunological test

Based on end user
Hospitals
Laboratory centers
Specialty Clinics

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The minimal residual disease market is broadly classified into FISH, PCR and NGS depending on the test carried out for the detection of the minimal residual disease. Based on the test type the minimal residual disease market is segmented into DNA based test, RNA based test and immunological test. The segmentation of minimal residual disease market based on the detection target is solid tumors, lymphoma, leukemia and others.

The end users of the minimal residual disease market can be hospitals, laboratory centers and specialty clinics.North America is one of the most prevalent regions in the world for minimal residual disease market, followed by Europe.

However, rise in medical tourism in regions such as Brazil, Thailand, Malaysia and Singapore also offer lucrative opportunity for the growth of the minimal residual disease market. Rising number of hospitals in developing regions such as Asia pacific is expected to offer significant growth opportunity for the minimal residual disease market.

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Some of the key players operating in the global minimal residual disease market are Adaptive Biotechnologies, Proteus Digital Health, Juno Therapeutics, Navidea Biopharmaceuticals, Kite Pharma, iRepertoire, Inc, Macrogen Corp, Natera, Inc., Macrogen Corp and others.

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This release was published on openPR.