Press release
Liquid Biopsy Market Business Outlook and Growth Projections through 2031 - Bio-Rad Laboratories, F. Hoffmann-La Roche AG, Exosome Sciences Inc.
The Global Liquid Biopsy Market reached USD 4.1 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 12.3 billion by 2031. The Global Liquid Biopsy Market is expected to exhibit a CAGR of 15.4% during the forecast period 2024-2031.The Liquid Biopsy market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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A liquid biopsy is a non-invasive diagnostic test that detects cancer-related biomarkers, such as circulating tumor DNA (ctDNA), in blood samples. It enables early cancer detection, monitoring of treatment response, and detection of minimal residual disease. Compared to traditional biopsies, liquid biopsies are faster, less painful, and provide real-time insights into tumor progression. This technology is revolutionizing personalized medicine by tailoring treatments based on genetic mutations. Ongoing research is expanding its applications to neurological and autoimmune diseases.
Forecast Growth Projected:
The Global Liquid Biopsy Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Liquid Biopsy Market:
Bio-Rad Laboratories, F. Hoffmann-La Roche AG, Exosome Sciences Inc., Grail Inc, Guardant Health, Thermo Fisher Scientific Inc., Inivata Ltd, Illumina Inc, LungLife AI Inc, and Qiagen NV.
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Industry Development:
✔ On April 18, 2023, Qiagen, a global leader in sample and assay technologies for molecular diagnostics and research, launched the QIAseq Targeted cfDNA Ultra Panels. These panels are designed to enable researchers studying cancer and other diseases to convert cell-free DNA (cfDNA) liquid biopsy samples into next-generation sequencing (NGS) libraries in under eight hours.
Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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Segment Covered in the Liquid Biopsy Market:
✦ By Circulating Biomarker: Circulating Tumor Cells, Circulating Tumor DNA, Extracellular Vesicles and Others.
✦ By Product & Services: Kits & Reagents, Instruments, Services.
✦ By Applications: Cancer Applications (Breast Cancer, Colorectal Cancer, Lung Cancer, Prostate Cancer, Liver Cancer, Other Cancers), Non-Cancer Applications.
✦ By End User: Hospitals and Physician Laboratories, Research Centers and Others.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for Liquid Biopsy Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Liquid Biopsy market?
➠ Who are the global key manufacturers of the Liquid Biopsy Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Liquid Biopsy market opportunities and threats faced by the vendors in the global Liquid Biopsy Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Liquid Biopsy market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
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.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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