Global liquid biopsy market is projected to witness a steady growth during the forecasted period 2018-2023. The rising prevalence of cancer diseases, high investment in R&D and growing preference for minimally invasive technology over alternate invasive methods are the driving factors of the liquid biopsy market. however, lack of awareness in developing and underdeveloped countries hamper the growth of the market. Moreover, technological advancement in a liquid biopsy with growing investment and funding for R&D create a future opportunity for the growth of the market during the forecast period.
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Global liquid biopsy market is segmented on the basis of biomarker type, cancer type, and end-user. According to the biomarker type, the market is further sub-segmented as circulating tumor cells, circulating tumor DNA and others such as extracellular vesicles. According to the cancer type, the market is further diversified as lung cancer, breast cancer, prostate cancer, colorectal cancer, and others. Moreover, according to the end-user, the market is further diversified as hospitals and laboratories, and academic and research institutes.
Global liquid biopsy market can be geographically segmented into North America, Europe, Asia-Pacific and Rest of the World. High prevalence of cancer diseases and the investment in R&D in the US has boosted the growth of the market in North America. The rapidly developing economies of Asia-Pacific are projected to witness the highest growth rate during the forecasted period. The growth in the Asia-Pacific market is backed by the growing awareness about the diagnosis and treatment for cancer diseases within the countries. Along with it, efforts by the government funding on research programs is aiding in the growth of the Asia-Pacific liquid biopsy market.
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Global Liquid Biopsy Market Segmentation
By Biomarker Type
Circulating Tumor Cells
Circulating Tumor DNA (ctDNA)
Others (Extracellular Vesicles)
By Cancer Type
Lung Cancer
Breast Cancer
Prostate Cancer
Colorectal Cancer
Other Cancers
By End-User
Hospitals and Laboratories
Academic and Research Centres
Competitive Landscape
Key Company Analysis
Key Strategy Analysis
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
RoE
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
Rest of The World
Company Profiles
Biocept Inc.
Biodesix, Inc.
Bio-Rad Laboratories Inc.
CellMax Life
Circulogene
Clearbridge Biomedics Pte Ltd.
Cynvenio Biosystems, Inc.
Epigenomics AG
Exosome Diagnostics Inc.
F. Hoffmann-La Roche AG
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