Key Trends And Drivers In The Liquid Biopsy For Cancer Diagnostics Market 2023
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The global liquid biopsy for cancer diagnostics market size is expected to grow from $6.66 billion in 2022 to $7.82 billion in 2023 at a compound annual growth rate (CAGR) of 17.4%. The market size of global liquid biopsy for cancer diagnostics is expected to reach $14.23 billion in 2027 at a CAGR of 16.1%.
Liquid biopsy for cancer diagnostics is a less invasive method than traditional tissue biopsies, which include evaluating genetic material or biomarkers discovered in a patient’s blood or other bodily fluids to find and monitor the presence of cancer. It is commonly used for screening and identifying non-small cell lung cancer (NSCLC) and as a gastrointestinal and ovarian liquid biopsy for cancer diagnostics.
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Liquid Biopsy For Cancer Diagnostics Market Driver
The rising incidence of cancer is expected to propel the growth of the liquid biopsy for cancer diagnostics market going forward. Cancer is a broad category of illnesses that can develop in nearly any organ or tissue in the body when aberrant cells proliferate uncontrollably, cross their usual boundaries, and either spread to other organs or invade neighboring body parts. Cancer increases the need for diagnostic procedures such as early cancer or tumor recurrence detection, risk assessment for each patient, and therapy monitoring to enable liquid biopsy to depict the full scope of the disease as tumor cells or tumor cell products are released from all metastatic or primary tumor sites, providing thorough and real-time information on tumor cell evolution, therapeutic targets, and mechanisms of therapy resistance.
Liquid Biopsy For Cancer Diagnostics Market Trends
Product innovations have emerged as a key trend gaining popularity in the liquid biopsy for cancer diagnostics market. Major companies operating in the liquid biopsy for cancer diagnostics market are concentrating on creating innovative products to strengthen their position in the market.
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Major Players And Regions Of The Liquid Biopsy For Cancer Diagnostics Market
Major players in the liquid biopsy for cancer diagnostics market are F. Hoffman La Roche Ltd., Thermo Fisher Scientific Inc., Agilent Technologies Inc., Illumina Inc., The Menarini Group, Bio-Rad Laboratories Inc., QIAGEN Inc., Exact Sciences Corporation.
North America was the largest region in the liquid biopsy for cancer diagnostics market in 2022.
Liquid Biopsy For Cancer Diagnostics Market Segmentation By The Business Research Company
The global liquid biopsy for cancer diagnostics market is segmented –
1) By Type: Product, Services
2) By Sample: Blood, Urine, Saliva
3) By Cancer: Lung Cancer, Breast Cancer, Colon Cancer, Other Cancers
4) By End-User: Hospitals, Diagnostic Centers, Other End-Users
The Table Of Content For The Liquid Biopsy For Cancer Diagnostics Market Include:
1. Liquid Biopsy For Cancer Diagnostics Market Executive Summary
2. Liquid Biopsy For Cancer Diagnostics Market Segments
3. Liquid Biopsy For Cancer Diagnostics Market Size And Liquid Biopsy For Cancer Diagnostics Market Growth Rate
4. Key Liquid Biopsy For Cancer Diagnostics Market Trends
5. Major Liquid Biopsy For Cancer Diagnostics Market Drivers
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25. Key Mergers And Acquisitions In The Liquid Biopsy For Cancer Diagnostics Market
26. Top Liquid Biopsy For Cancer Diagnostics Companies
27. Liquid Biopsy For Cancer Diagnostics Market Opportunities And Strategies
28. Liquid Biopsy For Cancer Diagnostics Market, Conclusions And Recommendations
29. Appendix
The Liquid Biopsy For Cancer Diagnostics Market Global Market Report 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the liquid biopsy for cancer diagnostics market.
View More Reports Related To The Market –
Cancer Biologics Global Market Report 2023
Cancer Diagnostics Global Market Report 2023
Liquid Biopsy Global Market Report 2023
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