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Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Market Trends That Will Shape the Next Decade: Insights from Advanced Kits Enhance Accuracy And Sensitivity In Cancer Testing
Cell Free Tumor Deoxyribonucleic Acid DNA Detection Market
How Large Will the Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Market Size By 2025?
The market size for detecting cell free tumor DNA has witnessed a swift expansion in recent years. It is projected to rise from $2.19 billion in 2024 to $2.58 billion in 2025, which translates into a compound annual growth rate (CAGR) of 17.4%. The impressive performance during the historic period is a result of an escalating demand for real-time cancer progression surveillance, a mounting focus on minimally invasive procedures, a rise in patient preference for safer diagnostic approaches, an upswing in worldwide research publications concerning cell free tumor DNA applications, and a burgeoning commercialization of tests based on cell free tumor DNA.
How Big Is the Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Market Size Expected to Grow by 2029?
Fast-paced growth is anticipated in the cell free tumor DNA detection market in the upcoming years. The market is projected to amplify to a value of $4.83 billion by 2029, growing at a compound annual growth rate (CAGR) of 17.0%. Factors such as the renowned adoption of cell free tumor DNA-based companion diagnostics, the increasing usage of cell free tumor DNA testing in clinical trials, a surge in global campaigns promoting innovative cancer diagnostics, the prevalence of telemedicine and remote patient monitoring and an increased demand for early detection of multiple cancers are fueling this growth. The forecast period will witness trends such as breakthroughs in ultra-sensitive cell free tumor DNA detection techniques, progressive liquid biopsy platforms for detecting multiple cancers, advancement in non-invasive prenatal and oncology diagnostics, breakthroughs in point-of-care cell free tumor DNA testing devices, and innovation in minimally invasive disease monitoring.
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Which Key Market Drivers Powering Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Market Expansion and Growth?
The growth of the cell free tumor deoxyribonucleic acid (DNA) detection market is anticipated to be driven by the escalating demand for personalised medicine. Personalised medicine, curated based on an individual's unique genetic composition, lifestyle and surroundings, has seen increased adoption due to advancements in genomics. This advancement allows the accurate identification of genetic differences and the creation of customised treatments. The application of cell free tumour deoxyribonucleic acid (DNA) detection enhances personalised medicine by providing non-intrusive, instant insights into a patient's tumour genetic makeup. This facilitates health practitioners to craft treatments based on individual mutation patterns, track the response to therapy, and recognise resurgence of disease at an early stage, thereby improving patient outcomes and precision in cancer care. For instance, as reported by the Personalized Medicine Coalition (PMC), a US-based not-for-profit group, in February 2024, the number of personalised medicines approved by the U.S. Food and Drug Administration (FDA) rose significantly from 12 in 2022 to 26 in 2023. Hence, the growing demand for personalised medicine is fuelling the expansion of the cell free tumor deoxyribonucleic acid (DNA) detection market.
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Which Fast-Growing Trends Are Poised to Disrupt the Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Market?
In the cell-free tumor DNA detection market, key players are prioritizing the development of advanced products such as library preparation kits, to improve accuracy, sensitivity, and speed in cancer diagnosis. Library preparation kits are a type of reagent kit used to ready DNA or RNA samples for sequencing by fragmenting, tagging, and amplifying them for precise analysis. For example, Twist Bioscience Corporation, a biotechnology firm based in the US, in February 2024, introduced the cfDNA Library Preparation Kit. The kit is designed to boost the sensitivity and precision of liquid biopsy applications. It facilitates high-conversion cfDNA library creation for next-generation sequencing on Illumina platforms, effectively handling the issues faced with low-input and degraded cfDNA samples. This new development aims to increase the dependability and effectiveness of liquid biopsy tests, promoting earlier and more accurate cancer detection and enhanced monitoring of treatment outcome.
What Are the Emerging Segments in the Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Market?
The cell free tumor deoxyribonucleic acid (DNA) detection market covered in this report is segmented as
1) By Technology: Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Digital Polymerase Chain Reaction (dPCR)
2) By Source: Plasma, Serum, Urine
3) By Application: Oncology, Non-Invasive Prenatal Testing, Transplantation, Other Applications
4) By End-User: Hospitals, Diagnostic Laboratories, Academic And Research Institutes, Other End-Users
Subsegments:
1) By Polymerase Chain Reaction (PCR): Real-Time Polymerase Chain Reaction (qPCR), Multiplex Polymerase Chain Reaction (PCR), Allele-Specific Polymerase Chain Reaction (PCR), High-Resolution Melting (HRM) Analysis, Beaming Polymerase Chain Reaction (PCR)
2) By Next-Generation Sequencing (NGS): Whole Genome Sequencing (WGS), Whole Exome Sequencing (WES), Targeted Gene Panels, Ribonucleic Acid Sequencing (RNA-seq), Methylation Sequencing
3) By Digital Polymerase Chain Reaction (dPCR): Droplet Digital Polymerase Chain Reaction (ddPCR), Chip-Based Digital Polymerase Chain Reaction (PCR), Nanofluidic Digital Polymerase Chain Reaction (PCR)
4) By Other Technologies: Microarray-Based Analysis, Mass Spectrometry, Biosensor-Based Detection, Nanopore Sequencing
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Who Are the Global Leaders in the Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Market?
Major companies operating in the cell free tumor deoxyribonucleic acid (dna) detection market are F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Labcorp Holdings Inc., Illumina Inc., Sysmex Inostics Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Natera Inc., Guardant Health Inc., Invitae Corporation, Foundation Medicine Inc, Adaptive Biotechnologies Corporation, Freenome Holdings Inc., Grail Inc., Biodesix Inc, Personal Genome Diagnostics Inc., Agena Bioscience Inc., Menarini Silicon Biosystems SpA, Exosome Diagnostics Inc., and Lucence Health Inc.
Which are the Top Profitable Regional Markets for the Cell Free Tumor Deoxyribonucleic Acid (DNA) Detection Industry?
North America was the largest region in the cell free tumor deoxyribonucleic acid (DNA) detection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cell free tumor deoxyribonucleic acid (DNA) detection report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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