Liquid Biopsy Market Size-Share, Growth Factors, Forecast 2023-2030

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The Global Liquid Biopsy Market size is expected to grow from USD 1.59 billion in 2022 to USD 7.02 billion by 2030, at a CAGR of 20.4% during the forecast period (2023-2030).

The liquid biopsy market has been witnessing significant growth due to its non-invasive nature and its potential to revolutionize cancer diagnostics and treatment monitoring. Liquid biopsy involves the analysis of biomarkers, such as circulating tumor cells (CTCs), cell-free DNA (cfDNA), and exosomes, extracted from bodily fluids like blood and urine. Traditional tissue biopsies are invasive and often provide limited information about tumor heterogeneity, making liquid biopsy an attractive alternative for cancer detection and monitoring.

Factors driving the growth of the liquid biopsy market include advancements in genomic technologies, increasing prevalence of cancer worldwide, rising demand for personalized medicine, and growing awareness about the benefits of early cancer detection. Additionally, the liquid biopsy market is propelled by ongoing research and development activities aimed at enhancing the sensitivity and specificity of liquid biopsy tests, as well as expanding their applications beyond cancer diagnosis to areas such as prenatal testing and organ transplantation monitoring.

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Leading Key Players Covered Liquid Biopsy Market: -

F. Hoffmann-La Roche Ltd. (Switzerland), Myriad Genetics Inc. (US), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific Inc. (the US), Guardant Health Inc. (the US), BIOCEPT Inc. (the US), Illumina Inc. (the US), Angle plc (UK), Oncimmune(UK), Lucence health Inc. (US), FreenomeHoldings Inc. (US) and Other Major Players.

 

Segmentation of Liquid Biopsy Market: -

By Cancer Type         

·         Lung

·         Breast

·         Liver

·         Others

By Circulating Biomarker     

·         Circulating Tumor DNA

·         Circulating Tumor Cells

·         Others

By End-User   

·         Hospitals

·         Laboratories

·         Government Research Centre

Market Segment by Regions: -

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

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