Liquid Biopsy Market Growth is Expected to Account for 18.9% CAGR to Gain USD 15.2 Billion by 2032

Research Reports

Sep 15, 2023

Liquid Biopsy Market Research Report Information By Biomarker Types (Circulating Tumor Cells, Circulating Tumor DNA, Extracellular Vesicles, and Other Biomarker), By Application (Cancer Therapeutic Application, Reproductive Health, and Other Therapeutic), By Sample (Blood Sample, Urine Sample, and Other), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032

The global liquid biopsy market is expected to grow from USD 3.81 billion in 2022 to USD 15.2 billion by 2032, at a CAGR of 18.9% during the forecast period. Liquid biopsy is a non-invasive medical procedure that uses blood samples to detect cancer cells or cancer-related genetic material (DNA or RNA). It is a relatively new technology, but it has the potential to revolutionize cancer diagnosis and treatment.

Patients and healthcare providers are increasingly preferring non-invasive diagnostic procedures over traditional invasive procedures, such as biopsies. Liquid biopsy is a non-invasive procedure that can be performed with a simple blood draw.

Cancer is one of the leading causes of death worldwide, and its incidence is expected to continue to rise in the coming years. Liquid biopsy can be used to detect cancer at an early stage, when it is most treatable.

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Competitive Outlook

Some of the Key Players of liquid biopsy market includes Hoffmann-La Roche Ltd. (Switzerland), Myriad Genetics, Inc. (US), QIAGEN (Netherlands), Thermo Fisher Scientific, Inc. (US), Guardant Health, Inc. (US), MDxHealth SA (Belgium), Exact Sciences Corporation (US), Illumina Inc. (US), Sysmex Inostics (US), Biocept, Inc. (US), NeoGenomics, Inc. (US), ANGLE plc (UK), Menarini-Silicon Biosystems (Italy), Vortex Biosciences, Inc. (US), Exosome Diagnostics, Inc. (US), Agena Bioscience, Inc. (US), MedGenome Inc. (US), Epigenomics AG (Germany), Personal Genome Diagnostics, Inc. (US)

Segmentation:

Global liquid biopsy market has been segmented on the basis of biomarker type which comprises of circulating tumor cells (Ctcs), circulating tumor DNA (Ctdna), extracellular vesicles (Evs) and other biomarker.

On the basis of application; market is segmented into cancer therapeutic application, reproductive health, and other therapeutic application.

On the basis of sample; market is segmented into blood, urine and others.

On the basis of end-users; market is segmented into hospitals and laboratories, academic and research centres and others.

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Regional Analysis

Depending on geographic region, Liquid biopsy market is segmented into four key regions: Americas, Europe, Asia Pacific, and Middle East & Africa. Globally developed countries led by North America is the largest market for Liquid biopsy. Europe is the second-largest market for liquid biopsy. The developing regions market such as Asia pacific region and Middle East & Africa however is rising much faster.

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