Press release
Liquid Biopsy Market Rising Trends and Future Analysis with CAGR 11.21% by 2032
Liquid Biopsy Market
Liquid Biopsy Market size was valued at US$ 10.32 Billion in 2023 and is poised to grow from US$ 11.48 Billion in 2024 to US$ 26.85 Billion by 2032, growing at a CAGR of 11.21% during the forecast period (2025-2032).
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Growth factors for the liquid biopsy market growth include a growing prevalence of cancer, technological advancements in the field of cancer diagnostics, and a growing preference for minimally invasive cancer diagnostics. Moreover, ongoing research in liquid biopsy assays and tests, aided by the rising adoption and development of multi-cancer early detection tests, presents growth opportunities for the overall market.
One of the most advanced technologies related to genetic alterations and used for the detection of a tumor is liquid biopsy. It has been used in the stratification of the tumor, thereby offering targeted therapy to the cancer. For instance, the FDA approved, in January 2023, the liquid biopsy assay Guardant360 CDx by Guardant Health as a companion diagnostic to diagnose ESR1 mutant breast cancer. Recent inventions, progressions, and expansion in this sector boost liquid biopsy and foster market growth.
Market Segmentation:
Product & Services
Assay Kits, Instruments, and Services
Circulating Biomarker
Circulating Tumor Cells, Circulating Tumor DNA, Circulating Nucleic Acids Exosome/Microvesicle, Cell-free DNA, Extracellular Vesicles, and Others
Clinical Application
Early Cancer Screening, Therapy Selection, Treatment Monitoring, and Recurrence Monitoring
Technology
Multi-Gene Parallel Analysis using NGS, and Single-Gene Analysis using PCR
Application
Cancer Application (Lung Cancer, Breast Cancer, Colorectal Cancer, Prostate Cancer, Melanoma, and Others), Non-Cancer Application (Non-Invasive Prenatal Testing, Organ Transplantation, Infectious Disease Testing), and Reproductive Health
Sample Type
Blood Samples, Urine Sample, Saliva Sample, and Others
End User
Hospitals & Clinics, Diagnostic Centers, Reference Laboratories, Academic & Research Centers, and Others
Top Players in Liquid Biopsy Market
F. Hoffmann-La Roche Ltd (Switzerland)
Thermo Fisher Scientific Inc. (US)
Illumina, Inc. (US)
Guardant Health, Inc. (US)
Biocept, Inc. (US)
Sysmex Corporation (Japan)
Menarini Silicon Biosystems (Italy)
Natera, Inc. (US)
Biocartis Group NV (Belgium)
Personal Genome Diagnostics Inc. (US)
Bio-Rad Laboratories, Inc. (US)
OncoCyte Corporation (US)
Adaptive Biotechnologies Corporation (US)
Angle PLC (United Kingdom)
Epic Sciences, Inc. (US)
Neogenomics Laboratories (US)
CellMax Life (US)
Menarini-Silicon Biosystems (Italy)
Lunglife AI Inc. (US)
Vortex Biosciences (US)
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Essential regions of the Liquid Biopsy market are:
• Liquid Biopsy North America Market includes (Canada, Mexico, USA)
• Liquid Biopsy Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Liquid Biopsy Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Liquid Biopsy South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Liquid Biopsy industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Liquid Biopsy Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Liquid Biopsy Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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Table of Contents
Global Liquid Biopsy Market Research Report
Chapter 1 Liquid Biopsy Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Liquid Biopsy Market Forecast
...
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