Press release
Circulating Tumor Cells (CTC) Market Size, Share, Growth and Trends, Report 2024-2031
Circulating Tumor Cells (CTC) Market || 2024-2031
Circulating tumor cells (CTCs) are cancer cells that detach from the primary tumor and enter the peripheral bloodstream, playing a key role in metastasis. Detecting CTCs from clinical samples is a valuable tool for cancer diagnosis and prognosis, achieved through liquid biopsy. Traditional CTC detection methods typically rely on biomarker-based platforms, such as magnetic beads, microfluidic chips, or size-sensitive microfiltration, but these can limit detection sensitivity due to tumor heterogeneity. Recently, a more sensitive, biomarker-independent CTC isolation method has been developed, utilizing surface-charged superparamagnetic nanoprobes to capture various EMT subpopulations from just 1 mL of clinical blood.
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Market Dynamics:
Increasing number of cancer cases
The rising incidence of cancer is a major driver for market growth during the forecast period. For example, the National Center for Health Statistics projects that in 2023, the United States will see 1,958,310 new cancer cases and 609,820 cancer-related deaths. Prostate cancer, in particular, has seen a 3% annual increase in incidence from 2014 to 2019 after a two-decade decline, adding about 99,000 new cases. While trends in cancer incidence have been more favorable in men compared to women, the overall increase in cancer prevalence highlights the growing need for effective diagnostic and monitoring tools, including CTC-based assays and technologies.
This rising demand presents significant opportunities for companies to develop innovative products for detecting, enumerating, and molecularly characterizing CTCs. The increasing interest in liquid biopsy methods, which offer a non-invasive approach for real-time cancer monitoring, further fuels the demand for CTC-based technologies. Additionally, advancements in CTC detection, the rising need for rapid cancer diagnosis, and the development of targeted therapies are also contributing to the market's growth during the forecast period.
Segment Covered in the Circulating Tumor Cells (CTC) Market:
By Product Type: Devices, Kits & Assays, Consumables.
By Technology: CTC Detection and Enrichment Method, CTC Direct Detection Method, SERS, Microscopy, Others, CTC Analysis.
By Application: Liquid Biopsy, Research, Clinical, Others.
By Specimen: Blood, Bone Marrow, Others.
By End User: Hospitals, Clinics, Diagnostic Centers, Others.
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Key players involved in Circulating Tumor Cells (CTC) Market:
• Thermo Fisher Scientific Inc
• QIAGEN
• Fluxion Biosciences, Inc
• Greiner Bio One International GmbH
• Ikonisys Inc
• BioFluidica
• Biolidics Limited
• Creativ MicroTech Inc
• Menarini Silicon Biosystems
• StemCell Technologies
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Regional Analysis:
The Circulating Tumor Cells (CTC) Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Circulating Tumor Cells (CTC) Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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