Press release
Circulating Tumor Cells (CTC) Market is projected to reach USD 42.70 billion by 2034, growing at a CAGR of 13.3%
Circulating Tumor Cells Market
Market Overview
Circulating tumor cells (CTCs) are cancer cells that have detached from the primary tumor and entered the lymphatic system or bloodstream. These cells represent a key step in the metastatic process, where cancer spreads from its original site to other body parts. CTCs are important as they can travel from the bloodstream to different body parts, potentially resulting in the development of secondary tumors. These cells are used to monitor cancer progression and can help in assessing the efficacy of treatment. Also, they can reveal potential vulnerabilities in the cancer, leading to more targeted and effective treatments.
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Competitive Landscape
The market has been witnessing an increasing trend of expansions and new product launches as several players worldwide are devising new strategies to stay ahead. Key csompanies in the market are mentioned below:
• Menarini Silicon Biosystems
• Sysmex Corporation
• CellSearch
• QIAGEN N.V.
• Bio-Techne Corporation
• Thermo Fisher Scientific Inc.
• Apocell Inc.
• AngioDynamics
• Epigenomics AG
• Biolidics Limited
• Circulogix
• ScreenCell
Circulating Tumor Cells Market Report Highlights
• The CTC detection & enrichment methods segment dominates the market due to its crucial role in isolating and purifying CTCs for further analysis, with technologies such as immunomagnetic separation and microfluidics leading the way. The CTC analysis segment is also witnessing the highest growth due to the integration of advanced technologies such as artificial intelligence for better molecular profiling.
• The kits & reagents segment holds the largest circulating tumor cells market share, driven by their essential role in CTC detection and enrichment processes in both research and clinical settings. The devices or systems segment is also registering the fastest growth, due to increasing demand for automated, high-throughput platforms for CTC isolation and analysis.
• The blood specimen segment holds the largest market share, as it is the most commonly used sample for CTC testing due to its non-invasive nature and broad applicability in oncology. The bone marrow segment is also experiencing the fastest growth, particularly in hematologic cancer applications, where CTCs provide crucial insights for targeted therapies.
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Market Drivers
One of the major drivers of the market is the ongoing advancements in liquid biopsy technologies. Liquid biopsy, which includes scrutinizing CTCs in blood specimens, provides a noninvasive option to the conventional biopsy process. This process permits real-time observation of tumor advancement and inspection of genetic mutations, which is important for customized cancer cures propelling the circulating tumor cells market forward.
The growing number of worldwide cases of cancer is a notable driver. As cancer rates increase, especially among the maturing population, there is a growing requirement for premature and precise diagnostic procedures to enhance survival rates. The World Health Organization (WHO) recorded that cancer accounted for approximately 10 million deaths globally in 2020, with approximately 1 in 5 people advancing cancer during their lifetime. The rising number of cancer cases has pushed the demand for productive diagnostics instruments such as CTCs that enable premature diagnosis and cure.
Segmental Outlook
• The circulating tumor cells market is segmented into technology, products, specimen, end use, and region.
• By technology, the CTC detection & enrichment methods segment dominates the market due to its important part in segregating and cleansing CTCs from blood specimens for further analysis.
• By products, the kits & reagents segment holds the largest market share owing to them being mainstream to inspection and enhancement of CTCs in blood specimens.
Global Circulating Tumor Cells Market, by Technology
5.1. Key Findings
5.2. Introduction
5.2.1. Global Circulating Tumor Cells Market, by Technology, 2020-2034 (USD Billion)
5.3. CTC Detection & Enrichment Methods
5.3.1. Global Circulating Tumor Cells Market, by CTC Detection & Enrichment Methods, by Region, 2020-2034 (USD Billion)
5.4. CTC Direct Detection Methods
5.4.1. Global Circulating Tumor Cells Market, by CTC Direct Detection Methods, by Region, 2020-2034 (USD Billion)
5.5. CTC Analysis
5.5.1. Global Circulating Tumor Cells Market, by CTC Analysis, by Region, 2020-2034 (USD Billion)
Global Circulating Tumor Cells Market, by Products
6.1. Key Findings
6.2. Introduction
6.2.1. Global Circulating Tumor Cells Market, by Products, 2020-2034 (USD Billion)
6.3. Kits & Reagents
6.3.1. Global Circulating Tumor Cells Market, by Kits & Reagents, by Region, 2020-2034 (USD Billion)
6.4. Blood Collection Tubes
6.4.1. Global Circulating Tumor Cells Market, by Blood Collection Tubes, by Region, 2020-2034 (USD Billion)
6.5. Devices or Systems
6.5.1. Global Circulating Tumor Cells Market, by Devices or Systems, by Region, 2020-2034 (USD Billion)
Global Circulating Tumor Cells Market, by Specimen
7.1. Key Findings
7.2. Introduction
7.2.1. Global Circulating Tumor Cells Market, by Specimen, 2020-2034 (USD Billion)
7.3. Blood
7.3.1. Global Circulating Tumor Cells Market, by Blood, by Region, 2020-2034 (USD Billion)
7.4. Bone Marrow
7.4.1. Global Circulating Tumor Cells Market, by Bone Marrow, by Region, 2020-2034 (USD Billion)
7.5. Other Body Fluids
7.5.1. Global Circulating Tumor Cells Market, by Other Body Fluids, by Region, 2020-2034 (USD Billion)
Global Circulating Tumor Cells Market, by End-Use
8.1. Key Findings
8.2. Introduction
8.2.1. Global Circulating Tumor Cells Market, by End-Use, 2020-2034 (USD Billion)
8.3. Research & Academic Institutes
8.3.1. Global Circulating Tumor Cells Market, by Research & Academic Institutes, by Region, 2020-2034 (USD Billion)
8.4. Hospital & Clinics
8.4.1. Global Circulating Tumor Cells Market, by Hospital & Clinics, by Region, 2020-2034 (USD Billion)
8.5. Diagnostic Centers
8.5.1. Global Circulating Tumor Cells Market, by Diagnostic Centers, by Region, 2020-2034 (USD Billion)
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Regional Analysis
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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