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In-vitro Diagnostic (IVD) Liquid Biopsy Testing Market is set to garner staggering revenues by 2025

02-14-2018 12:47 PM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
In-vitro Diagnostic (IVD) Liquid Biopsy Testing Market is set

In-vitro diagnostic (IVD) liquid biopsy testing is an innovative technique for testing the sample for identifying various disease and their stage inside the living body. The testing of sample in proper time can be beneficiary for preventing the disease to occur inside the body. In-vitro diagnostic (IVD) liquid biopsy testing is a very effective tool to diagnosis for various disease such as cancer and other stage of disease. The body fluid such as blood and other body fluid is used for testing.

The use of biomarker help to analysis the molecular level for disease detection, this process is very help full for preventing the person from cancer in very early stage. The in-vitro diagnostic (IVD) liquid biopsy testing is very advance and modern days technic in disease treatment industry. In-vitro diagnostic (IVD) liquid biopsy testing has various benefits over standard biopsy, as In-vitro diagnostic (IVD) liquid biopsy testing is very quick, easily obtained, show comprehensive tissue profile with minimal pain and can be done minimally invasive.

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In-vitro diagnostic (IVD) liquid biopsy testing is a growing market over the forecast period, as the number of cancer patients are increasing, according to Cancer Research UK, in 2012 approx. ~ 8.2 million peoples death occurs due to cancer, the use of in-vitro diagnostic (IVD) liquid biopsy testing can help for saving the life of the cancer patients by early diagnosis and providing preventive treatment. Various public and private research organization are working for finding more improve version of in-vitro diagnostic (IVD) liquid biopsy testing to detect the tumor in very early stage. Players are also investing huge revenue to make the in-vitro diagnostic (IVD) liquid biopsy testing more easy and comprehensive. The high cost and lack of awareness in healthcare professional is the current hindrance of the in-vitro diagnostic (IVD) liquid biopsy testing market.

In-vitro diagnostic (IVD) liquid biopsy testing is a very helpful tool for cancer diagnosis stage, which can save life of many people suffering from cancer. The in-vitro diagnostic (IVD) liquid biopsy testing can also very affective to treat the cancer by changing the level of cfDNA (cell free DNA) and refer as non-encapsulated DNA in blood stream, the testing is done by PCR (polymerase chain reaction). The detection of disease is early stage is very effective and beneficiary in medical treatment industry.

As a geography conditions the In-vitro Diagnostic (IVD) Liquid Biopsy Testing Market is segmented into: North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America is a major market for in-vitro diagnostic (IVD) liquid biopsy testing as the medical infrastructure is highly improved with various reimbursement policy and the present of players also boost the in-vitro diagnostic (IVD) liquid biopsy testing market. Europe is also show growth as the acceptation of new technology is increasing to detect the disease. Asia Pacific is showing as sluggish growth as the medical infrastructure is improving and the awareness is also increasing in patients and the healthcare professional to handle the in-vitro diagnostic (IVD) liquid biopsy testing process. MEA is also showing slow growth as the medical system is adopting the in-vitro diagnostic (IVD) liquid biopsy testing.

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Some players in In-vitro Diagnostic (IVD) Liquid Biopsy Testing Market as: Thermo Fisher Scientific, Horizon Discovery Group plc, QIAGEN, Roche Molecular Systems Inc., Personal Genome Diagnostics, Inc., Grail, Inc., Exosome Diagnostics, CellMax Life, Cynvenio Biosystems, Inc., Inivata Ltd, Biodesix, Inc. and GUARDANT HEALTH, INC.

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Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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