Press release
Liquid Biopsy Market Forecast: Growth Projections and Key Takeaways by 2032
Liquid Biopsy Market
Liquid Biopsy Market size was valued at USD 7.6 billion in 2023 and is poised to grow from USD 8.75 billion in 2024 to USD 26.95 billion by 2032, growing at a CAGR of 15.1% during the forecast period (2025-2032).
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This Liquid Biopsy Market report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future. Production and consumption patterns are being carefully compared to forecast the Liquid Biopsy Market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth. The Liquid Biopsy Market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. To determine the growth of the Liquid Biopsy Market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Market Segmentation:
Liquid Biopsy Market is segmented by Product, Circulating Biomarker, Technology, Application, Clinical Application, Sample Type, End User and region. Based on Product, the market is segmented into Assay Kits, Instruments and Services. Based on Circulating Biomarker, the market is segmented into Circulating Tumor Cells, Circulating Tumor DNA, Cell-Free DNA, Extracellular Vesicles and Other Circulating Biomarkers. Based on Technology, the market is segmented into Multi-Gene Parallel Analysis Using NGS and Single-Gene Analysis Using PCR. Based on Application, the market is segmented into Cancer Applications and Non-Cancer Applications. Based on Clinical Application, the market is segmented into Therapy Selection, Treatment Monitoring, Early Cancer Screening and Recurrence Monitoring. Based on Sample Type, the market is segmented into Blood Samples and Other Sample Types. Based on End User, the market is segmented into Reference Laboratories, Hospitals & Physician Laboratories, Academic & Research Centers and Other End Users. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Based on Technology, the market is segmented into Multi-Gene Parallel Analysis using NGS, and Single-Gene Analysis using PCR. Based on Application, the market is segmented into Cancer Application (Lung Cancer, Breast Cancer, Colorectal Cancer, Prostate Cancer, Melanoma, and Others), Non-Cancer Application (Non-Invasive Prenatal Testing, Organ Transplantation, and Infectious Disease Testing), Reproductive Health. Based on Sample Type, the market is segmented into Blood Samples, Urine Sample, Saliva Sample, and Others. Based on End-User the market is segmented into Hospitals & Clinics, Diagnostic Centers, Reference Laboratories, Academic & Research Centers, and Others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
Liquid Biopsy Market Key Players:
F. Hoffmann-La Roche Ltd (Switzerland)
Thermo Fisher Scientific Inc. (US)
Illumina, Inc. (US)
Guardant Health, Inc. (US)
Biocept, Inc. (US)
Sysmex Corporation (Japan)
Natera, Inc. (US)
Biocartis Group NV (Belgium)
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)
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 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 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 Liquid Biopsy Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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