Press release
Liver Cancer Diagnostics Market Report 2023: Industry Analysis, Size, Share, Segmentation, Trends, Regional Analysis And Forecast 2029
Market Overview:The Global Liver Cancer Diagnostics Market Was Valued At USD 31.80 Million In 2021 And Is Expected To Reach USD 45.65 Million By The Year 2028, At A CAGR Of 5.3%.
The human body's biggest organ is the liver. It is essential for maintaining appropriate blood sugar levels, controlling blood clots, and eliminating pollutants from the body's blood supply. The liver excretes bile juice, which aids in the digestion of lipids, and controls the majority of chemical levels in the blood. All of the blood that exits the stomach and intestines is processed by the liver. It releases nutrients from the blood and breaks down complicated chemicals into simpler ones. Therefore, the detection of liver cancer is crucial to detecting it in its early stages and preventing it from spreading to other areas of the body, boosting the market's growth throughout the forecast period.
Read More: https://introspectivemarketresearch.com/reports/liver-cancer-diagnostics-market/
The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
• SWOT Analysis
Market Dynamics:
Driver:
The primary causes of liver cancer prognosis in many people are rising alcohol and cigarette use as well as a sedentary lifestyle. For the proper treatment to be chosen, the kind of liver cancer and its progression must be accurately identified. The expansion of liver cancer diagnostics over the forecast period is further supported by the rise in the number of programs to raise public awareness about the early detection of liver cancer and the supportive government initiatives to offer individuals access to affordable healthcare services.
Opportunities:
Participants in the liver cancer diagnostics market have a lucrative potential due to the growing prevalence of liver cancer and more knowledge of diagnostic tests in developed countries. The financing of research and development projects aimed at creating novel diagnostic techniques for the early identification of liver cancer has increased. For instance, technologies like immunohistochemistry (IHC), comparative genomic hybridization (CGH), and fluorescent in situ hybridization (FISH) have changed how liver cancer is discovered. Additionally, several governments have partnered with service providers to offer low-income individuals cheap diagnostic testing, offering a lucrative potential for market participants.
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Analysis of the Top Market Players:
• Abbott Laboratories (US)
• Becton Dickinson and Company (US)
• F. Hoffmann-La Roche Ltd (Switzerland)
• FUJIFILM Wako Diagnostics U.S.A. Corporation (US)
• Hologic (US)
• Illumina Inc. (US)
• Koninklijke Philips (Netherlands)
• Oncimmune Holdings Plc (UK)
• Qiagen (Germany)
• Siemens Healthineers (Germany)
• Sirtex Medical Ltd. (US)
• Thermo Fischer Scientific Inc. (US)
• BDR Pharmaceuticals Internationals Pvt. Ltd. (India) and others major players.
Segmentation of The Liver Cancer Diagnostics Market
By Type
• Imaging
• Laboratory Test
• Endoscopy
• Biopsy
• Others
By Application
• Hospitals
• Laboratories
• Others
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Regional Analysis of Liver Cancer Diagnostics Market:
The European region is anticipated to have the highest share of the liver cancer diagnostics market in the projected period, attributed to the rise in the alcohol-consuming population. According to WHO, the European region accounts for the highest proportion of total ill health and premature death due to alcohol consumption globally. Additionally, the European region is the heaviest-drinking region across the globe, with over one-fifth of the European population aged 15 years and above reporting heavy episodic drinking at least once a week. Heavy episodic drinking is widespread across all of Europe and in almost all age groups, thus these populations are at higher risk of developing liver cancer in their lifetime thereby, supporting the expansion of the liver cancer diagnostics market over the forecast period.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Recent Industry Developments In Liver Cancer Diagnostics Market
In November 2021, Siemens Healthineers has introduced two new features in ACUSON Sequoia which will help in comprehensive liver assessment through quantification of liver tissue stiffness and hepatic fat in a single acquisition. The combination of these features may help the clinician in streamlining patient care pathways and potentially avoid unwarranted and invasive medical intervention.
In September 2021, BDR Pharma announced the launch of CABOZANTINIB to treat advanced renal cell carcinoma, hepatocellular carcinoma, and metastatic medullary thyroid cancer. CABOZANTINIB is a new Tyrosine Kinase Inhibitor (TKI) that blocks the signals inside cancer cells that make them grow and divide.
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https://introspectivemarketresearch.com/reports/biofertilizers-market-current-analysis-by-market-share-2022-2028/
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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