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Planet Market Reports projects that the Liquid Biopsy market size will grow from XX Million USD in 2018 to XX Million USD by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Liquid biopsy is a minimally invasive test to assess cancer genetic status based on the analysis of circulating biomarkers that are present in the plasma component of the blood. Liquid biopsies are majorly utilized in the field of oncology. Liquid biopsy can improve and/or resolve several inherent problems found with current cancer treatment, enabling early cancer detection, mutation detection, tumor monitoring during treatment, and recurrence monitoring via a non-invasive blood draw.
In addition to being non-invasive, liquid biopsies have the potential to detect cancer before substantial tumor formation, assess multiple mutations within the tumor reducing heterogeneity concerns , quantitatively monitor treatment progress, and identify new mutations as they emerge as well as monitor for recurrence to detect cancer before imaging-detectable tumor formation or metastasis. In addition to oncology, liquid biopsies are applicable in prenatal testing and transplant care.
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By Market Players:
Biocept, Inc., MDxHealth, Myriad Genetics, Inc., Bio-Rad Laboratories, QIAGEN, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Genomic Health, Inc., Illumina, Inc. ,
Oncology, NIPT, Transplant Diagnostics, Others ,
By Circulating Biomarker
Circulating Tumor Cells CTC , Free Nucleic Acid, Extracellular vesicles/Exosomes
Hospitals, Reference Laboratories, Academic and Research Institutes, Others ,
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