Circulating Tumor Cells (CTC) Market Growth Size Share Analysis 2022-2029

The Circulating Tumor Cells (CTC) Market is expected to grow at a CAGR of 13.26% during the forecast period 2022-2029. North America region has the highest market share in the Circulating Tumor Cells (CTC) Market, and it is further continuing its dominance during the forecast period.

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Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also report contains a number of major companies profiled in the relevant market.

Market Drivers:

The circulating tumor cells (CTC) market is driven by factors such as rising technological advancements, an increasing geriatric population, and improvements in CTC diagnostic and enrichment technology are expected to drive the CTC market. The market's growth can also be attributed to the rising number of research and development, clinical trials, and conferences to increase awareness about the technology.

Moreover, the availability of technologically advanced devices by key players is also expected to play a vital role in the market's growth. Rising government funding and increasing healthcare expenditure to treat chronic diseases will boost market growth. Another driving factor for the circulating tumor cells (CTC) market is the high adoption rate of CTC technology for diagnostic and guiding prognosis. Thus, increasing awareness about novel circulatory tumour cell technology among patients and hospitals will provide market players with better opportunities in the future. Various novel product launches and research studies contribute to the market's growth. For instance, in Nov 2021, Menarini Silicon Biosystems, liquid biopsy technologies company, announced its commercial launch of CELLSEARCH, a laboratory-developed test for counting the circulating multiple myeloma cells (CMMC) from the blood. This assay provides early detection of disease and its progression in patients at risk.

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Market Segmentation:

By Technology:
• CTC Detection Technology
• CTC Enrichment Technology

By Application:
• EMT Biomarkers Development
• Tumorigenesis Research
• Cancer Stem Cell
• Others

Geographical Classification:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Major Companies Listed:

QIAGEN N.V., Bio-Techne Corporation, Biocept Inc., Thermo Fisher Scientific, LungLife AI, Inc., Menarini Silicon Biosystems, Miltenyi Biotec, Precision Medicine Group, Fluxion Biosciences Inc., BioFluidica and more.

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This release was published on openPR.