Press release
Liquid Biopsy Market Perspective, Comprehensive Analysis, Growth, Trends and Forecast 2027 | Biocept, Inc, Bio-Rad Laboratories Inc, LungLife AI, Inc, Exosome Diagnostics, F. Hoffmann-la Roche ltd
Liquid Biopsy Market
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The liquid biopsy market was valued at US$ 3,861.49 million in 2019and is projected to reach US$ 8,123.85 million by 2027; it is expected to grow at a CAGR of 9.9% during 2020–2027.
Companies Mentioned:
• Biocept, Inc
• Bio-Rad Laboratories Inc
• LungLife AI, Inc
• Exosome Diagnostics
• F. Hoffmann-la Roche ltd
• Exact Sciences Corporation
• Inivata Ltd
• MDxHealth
• Qiagen
• Thermo Fisher Scientific Inc.
Based on application, the liquid biopsy market has been segmented into noninvasive prenatal testing (NIPT), oncology, transplant diagnostics, and other applications. The oncology segment held the largest share of the market in 2019; however, noninvasive prenatal testing (NIPT) segment is estimated to register the highest CAGR in the market during the forecast period.
Liquid biopsy is a revolutionary technology that is opening up various perspectives. The technology consists of isolation and detection of circulating tumor cells, tumor DNA and exosomes, which provides genomic information of the cancer patients. Liquid biopsy is used in cancer diagnosis in order to study the response or resistance to given treatments.Different samples used for liquid biopsy are blood, urine, and other samples which includes stool and others. Additionally, circulating tumor cells (ctc), exosomes, and free nucleic acid are the circulating biomarkers used for detection of cancers.
The report Liquid Biopsy Market gives varied description about the segmentation of the market on the basis of segmented type, application and region, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2020 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Liquid Biopsy market.
Key Elements that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the “Liquid Biopsy ” market.
• Key market trends cracking up the growth of the “Liquid Biopsy ” market.
• Challenges to market growth.
• Key vendors of “Liquid Biopsy ” market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global “Liquid Biopsy ” market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Liquid Biopsy market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
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