Press release
Global Liquid Biopsy Products Market May Set a New Growth Story to Generate Booming Opportunities in The Industry
Liquid Biopsy Products Market research report
Liquid biopsy is an easy, quick, non-invasive, and repeatable sampling technique that can reflect changes in tumour gene expression profiles and offer a solid foundation for customised treatment and cancer early detection. The focus in recent years has also been on early cancer detection, tracking the development of tumours, evaluating therapy response and clinical prognosis, and identifying recurrent and refractory cancers. Furthermore, due to technological advancements in both practicality and turnaround time, liquid biopsy has recently attracted a lot of attention as a non-invasive substitute procedure to tissue biopsy in patients with cancer.
The next-generation sequencing for advanced cancer patients using liquid biopsies, an increase in the number of cancer patients, and a rise in patient demand for minimally invasive therapies are all contributing to the growth of the liquid biopsy market. However, the lack of knowledge of liquid biopsy in developing nations limits business expansion. The use of liquid biopsy testing to treat uncommon cancers and the rise in healthcare spending in developing nations like China and India, however, are likely to create several potential for market expansion.
Liquid biopsies are being used by translational cancer researchers to identify ctDNA from tumours. Future liquid biopsy applications for cancer detection have a significant chance to use the detection of ctDNA as a possible biomarker. CtDNA has been made available as an alternate source to invasive methods for molecular profiling of tumour DNA in cancer patients.
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The global liquid biopsy market size accounted for $1,204.2 million in 2020, and is estimated to reach $6,804.9 million by 2028, registering a CAGR of 20.9% from 2021 to 2028.
Top key players of The Global Liquid Biopsy Products Market:
• RainDanceTechnologies
• Biocartis
• Qiagen
• Guardant Health
• MDxHealth
• Pathway Genomics
• NeoGenomics Laboraories
• Sysmex Inostics
• Cynvenio
• Menarini Silicon Biosystems
• Adaptive Biotechnologies
Market: By Types
• CTC
• ctDNA
• Exosomes
Market: By Applications
• Blood Sample
• Urine Sample
Global Liquid Biopsy Products Market: Regional Analysis
The countries covered in the regional analysis of the Global Liquid Biopsy Products market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Objectives of the Study:
• To provide with an exhaustive analysis on the Liquid Biopsy Products Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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