Press release
Liquid Biopsy Market to witness growth opportunities worth USD 8 Bn by 2029 at a CAGR of 20.9 percent
Liquid Biopsy Market
Liquid Biopsy Market Report Scope and Research Methodology
The Liquid Biopsy Market offers an easy, quick, non-invasive, and repeatable sampling technique that can reflect changes in tumor gene expression profiles and offer a solid foundation for customized treatment and cancer early detection. The focus in recent years has also been on early cancer detection, tracking the development of tumors, evaluating therapy response and clinical prognosis, and identifying recurrent and refractory cancers.
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The market was estimated based on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029.
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Liquid Biopsy Market Dynamics
The rising incidence and prevalence of cancer is one of the significant factors that will drive the liquid biopsy market. Compared to conventional cancer diagnostic methods, liquid biopsy has various advantages, including lower cost, early prognosis, therapy monitoring, tumor heterogeneity identification, acquired drug resistance, and patient comfort.
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The lower sensitivity of certain liquid biopsies is a significant challenge faced by the market. The quantities of ctDNA of any particular cancer mutation may be very low in the plasma of a cancer patient, making the detection of ctDNA in liquid biopsies technically tricky.
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Liquid Biopsy Market Regional Insights
North America dominated the market in 2021 and is expected to continue its dominance throughout the forecast period. The region's growth is attributed to the increasing prevalence of cancer, technological advancements, and the presence of major market players in the region.
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Liquid Biopsy Market Segmentation
By Technology:
• Multi-gene-parallel Analysis (NGS)
• Single Gene Analysis (PCR Microarrays)
By Biomarker:
• Circulating Nucleic Acids
• CTC
• Exosomes/ Micro vesicles
• Circulating Proteins
By Sample Type;
• Blood Sample-based
• Others
Liquid Biopsy Market Key Competitors include:
• F. Hoffmann-La Roche Ltd. (Switzerland)
• Myriad Genetics, Inc. (US)
• QIAGEN N.V. (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)
• Personal Genome Diagnostics, Inc. (US).
Table of Content for Liquid Biopsy Market
Global Liquid Biopsy Market: Research Methodology
Global Liquid Biopsy Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Liquid Biopsy Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Liquid Biopsy Market Segmentation
Global Market, by Technology (2021-2029)
Global Market, by Biomarker (2021-2029)
Global Market, by Sample Type (2021-2029)
Regional Liquid Biopsy Market (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Biomarker (2021-2029)
Regional Market, by Sample Type (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Technology, Biomarker and Sample Type
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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