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Liquid Biopsy Market Insights by Growth, Emerging Trends and Forecast by 2016-2030
Liquid Biopsy Market
From the name alone, it is evident that liquid biopsy is a quick, non-invasive method that uses a sample to perform a blood test. Liquid biopsy, sometimes referred to as fluid phase biopsy or fluid biopsy, is a procedure used to identify cancer cells that circulate in the bloodstream and form tumours. To identify and diagnose cancer at an early stage, liquid biopsy is used.
Market Dynamics for Liquid Biopsy: Drivers
increasing technological progress
The market growth rate is being pushed by the surge in demand for advanced diagnosing equipment and the expansion of research labs in developing economies. Additionally, the prevalence of blood cancer is rising globally, which is paving the way for market expansion.
Knowledge of research and development
Rising investment in research & development, particularly in developed and developing nations, will further open up attractive market expansion potential for medical instruments and technologies. The market growth rate is also being boosted by pharmaceutical and biopharmaceutical countries' research and development capabilities for the incorporation of cutting-edge technology in healthcare facilities.
Government spending on healthcare facilities
The federal government's increased support will likely accelerate market expansion. Additionally, the development and expansion of the healthcare sector, pushed by both public and private actors, particularly in developing nations, will provide up attractive potential for market expansion. High returns on investments, which are guaranteed by research efforts, would also benefit the market.
Additionally, the introduction of technologically advanced products in hospitals, rising investment in the development of advanced medical products and devices, and rising demand for minimally invasive surgical procedures all have a positive impact on the market growth rate. These factors are particularly important in developing economies where government initiatives to raise awareness are particularly important.
This report on the liquid biopsy market details recent developments, trade laws, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market laws, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographical information.
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Liquid Biopsy Market - Segmentation
Liquid Biopsy Market on the basis of Sampling type, the market is fragmented into:
• Blood Sampling Liquid Biopsy
• Urine Sampling Liquid Biopsy and Saliva
• Other Tissue Fluids Sampling Liquid Biopsy
Liquid Biopsy Market on the basis of Products and services, the market is bifurcated into:
• Assays Kits
• Instruments and Services
Liquid Biopsy Market on the basis of circulating biomarker, the market is classified into:
• Circulating Tumour Cells
• Circulating Tumour DNA (CTDNA)
• Cell-Free DNA
• Extracellular Vesicles (EVS)
• Other Circulating Biomarkers
Liquid Biopsy Market on the basis of clinical application, the market is categorized into:
• Early Cancer Screening
• Therapy Selection
• Treatment Monitoring
• Recurrence Monitoring
Liquid Biopsy Market on the basis of end user, the market is segregated into:
• Reference Laboratories
• Hospitals and Physician Laboratories
• Academic and Research Centres
• Other End Users
Liquid Biopsy Market - Key Market players
The major players in the market are F. Hoffmann-La Roche Ltd. (Switzerland), Myriad Genetics, Inc. (US), QIAGEN (Netherlands), Thermo Fisher Scientific, Inc. (US), Guardant Health, Inc. (US), MDxHealth SA (Belgium), Exact Sciences Corporation (US), Illumina Inc. (US), Sysmex Inostics (US), Bio-Rad Laboratories, Inc. (US), Biocept, Inc. (US), NeoGenomics, Inc. (US), ANGLE plc (UK), Menarini-Silicon Biosystems (Italy), Vortex Biosciences, Inc. (US), Exosome Diagnostics, Inc. (US), Agena Bioscience, Inc. (US), MedGenome Inc. (US), Epigenomics AG (Germany), and Personal Genome Diagnostics, Inc. (US) among others.
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