Global Liquid Biopsy Market Will Generate New Growth Opportunities by 2024
Our latest research report entitled Liquid Biopsy Market (by-product (CTCs and ctDNA and exosome), (clinical diagnostic laboratories, hospitals, and physician’s office laboratories), Liquid biopsy tests are done to understand the molecular aspects of cancer across the healthcare and research settings, such as physicians, pathological, hospitals, and research laboratories.) provides complete and deep insights into the market dynamics and growth of Liquid Biopsy. Latest information on market risks, industry chain structure Liquid Biopsy cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Liquid Biopsy growth factors.
The forecast Liquid Biopsy Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Liquid Biopsy on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. A recent report published by Infinium Global Research on liquid biopsy market provides an in-depth analysis of segments and sub-segments in global as well as regional liquid biopsy market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional liquid biopsy market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global liquid biopsy market. According to the report the global liquid biopsy market is projected to grow at a CAGR of 21.1% over the forecast period of 2018-2024.
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The analysis of non-solid biological tissue, mainly blood is known as liquid biopsy or as a fluid biopsy. This type of technique is mainly used as a diagnostic and monitoring tool for diseases such as cancer. FDA has validated and approved liquid biopsy for circulating tumor cells as a useful prognostic method for various types of cancer. Liquid biopsy tests are done to understand the molecular aspects of cancer across the healthcare and research settings, such as physicians, pathological, hospitals, and research laboratories. It is a harmless blood test that will not damage healthy tissues. The researchers, physicians, and surgeons get appropriate data about the patient’s cancer condition, with the help of this test appropriate therapy are provided to improve the survival rate of the cancer patients.
The increasing incidences of cancer worldwide are likely to drive the growth of the market. Additionally, easy and non-invasive entrance to the tumor genome, early cancer diagnosis & detection and technology advancement and novel clinical trials for research and development is likely to propel the growth of the market. On the other hand, the lack of skilled professional to take the blood sample is likely to hamper the growth of the market. In addition, the reimbursement of medical costs and changing governmental policies are likely to restrain the growth of the market.
Among the geographies, North America is expected to be the largest market for liquid biopsy followed by Europe due to recent regulatory approvals by CE for commercial use of liquid biopsy tests in this region. In addition, the adoption of technologically advanced products and increasing research and development funding/investments is likely to drive the growth in this region. While, Asia-Pacific is expected to grow fast during the forecast period, owing to rising prevalence of different cancer types, and growth in per capita health expenditure in countries like China and India is likely to augment the growth in this region.
Market Segmentation by Product
The report on global liquid biopsy market covers segments such as, product. On the basis of product the global liquid biopsy market is categorized into (CTCs and ctDNA and exosome. On the basis of end-user, the global liquid biopsy market is categorized into clinical diagnostic laboratories, hospitals, and physician’s office laboratories.
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The report provides profiles of the companies in the global liquid biopsy market such as Exosome Diagnostics, Roche Molecular Diagnostics, QIAGEN, Thermo Fisher Scientific, CellMax Life, Chronix Biomedical, Epic Sciences, Bio-Rad Laboratories, Agena Bioscience, RainDance Technologies
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