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With Magnificent CAGR of 13.7%, Liquid Biopsy Market to Show Tremendous Growth by Forecast 2022-2030
Liquid Biopsy Market
In a recent research report by Market Research Community, the Liquid Biopsy Market is expected to surpass USD 24.14 billion by the year 2030, from USD 7.60 billion in 2021.
Liquid biopsy is a test performed on a blood sample extracted from cancer cells circulating in the blood. A liquid biopsy test is employed to find cancer at an early stage and identify the best treatment option or to find out how well treatment is working. The test also helps surgeons or doctors to understand what kind of molecular changes are taking place in a tumor.
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The exosomes/Microvesicles segment is projected to grow at the fastest CAGR during the forecast period. Owing to the rising adoption of exosomes as a liquid biopsy in the introduction of novel products coupled with oncology clinical diagnosis.
Top Key Players of the Liquid Biopsy Market:
QIAGEN; Myriad Genetics, Inc; BIOCEPT, Inc; Guardant Health, Inc; F. Hoffmann-La Roche Ltd; Illumina, Inc; Angle plc; Oncimmune; Thermo Fisher Scientific, Inc.; Lucence health Inc.; Freenome holdings, Inc.; Epigenomics AG.
Asia-Pacific is expected to develop at the fastest CAGR throughout the research period, owing to an increase in healthcare spending, an increase in per capita income, and improvements in healthcare infrastructure. Furthermore, Europe is predicted to obtain the second biggest market share throughout the projection period due to the region's infrastructural development and increased cancer occurrences.
The market is projected to grow at a significant pace reaching a CAGR of approximately 13.7%, over the forecast period of 2022-2030, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
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Type Covered in This Report Are:
Blood Sample-based, Others
On the Basis of Technology:
Multi-gene-parallel Analysis using NGS
Single Gene Analysis using PCR Microarrays
Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
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The study is consolidated into major segments and further into sub-segments, such as by technology (multi-gene-parallel analysis (NGS), single gene analysis (PCR microarrays), sample type (blood sample-based, others) biomarker (circulating nucleic acids, CTC, exosomes/microvesicles, circulating proteins), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.
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