Liquid Biopsy Market Overview:
From 2022 to 2029, the global Liquid Biopsy market will be forecasted by region, type, and application, with sales and revenue. The research highlights the market share of Veterinary Medicine, distributors, main suppliers, changing price patterns, and the raw material supply chain. Liquid Biopsy Industry market size (sales, revenue) forecast by regions and countries for the years 2022 to 2029. During the forecast period, between the global Liquid Biopsy market is expected to grow at a significant rate. The market was developing steadily in 2021, and with key players adopting more tactics, the market is expected to rise throughout the forecast period.
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Liquid Biopsy Market Scope:
The Maximize Market Research report, would benefits to readers, service providers, suppliers, distributors, manufacturers, and stakeholders in evaluating and self-studying of Liquid Biopsy market. The Liquid Biopsy market forecast study contains statistics and information on the worldwide Liquid Biopsy market's changing investment structure, technical advancements, market trends and developments, capabilities, and detailed information on the market's main competitors. In addition, the research covers the growth of the Liquid Biopsy market in key regions across the globe.
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Liquid Biopsy Market was valued at US$ 1.45 Bn. in 2021. Global Liquid Biopsy Market size is expected to grow at a CAGR of 20.9 % through the forecast period.
Liquid Biopsy Market Segmentation:
Based on Technology, In terms of revenue, the Multi-gene-parallel Analysis (NGS) category accounted for over 73 % of the global market in 2020, and it is expected that it will continue to dominate over the forecast period. NGS technology may identify a wide range of mutations that might contribute to carcinogenesis as well as identify potential resistance mechanisms that might have emerged from pre-existing clones following therapy.
Recent rapid advancements in NGS technology have resulted in a significant cost reduction for high-accuracy sequencing. This approach enables the screening of unidentified variations and is employed in focused panels for the precise and extremely sensitive detection of ctDNA mutations. For instance, stage 1 or stage 2 lung cancer patients can be identified by NGS with a MAF of roughly 0.1%.
Important operational companies have also released cutting-edge products, driving the market. For instance, Twist Bioscience Corp. introduced the Twist NGS Methylation Detection System in February 2021 for epigenetic research and liquid biopsy cancer analysis. Additionally, Biodesix, Inc. announced in April 2021 that it would expand its line of molecular testing by introducing a blood-based 52-gene NGS test.
Liquid Biopsy Market Key Players:
• Thermo Fisher Scientific, Inc. (US)
• Guardant Health, Inc. (US)
• MDxHealth SA (Belgium)
• Exact Sciences Corporation (US)
• Illumina Inc. (US)
• Sysmex Inostics (US)
• Bio-Rad Laboratories, Inc. (US)
• Biocept, Inc. (US)
• NeoGenomics, Inc. (US)
• ANGLE plc. (UK)
• Menarini-Silicon Biosystems (Italy)
• Vortex Biosciences, Inc. (US)
The Competitive Landscape section of the research examines the market share of the key competitors, as well as their significant development strategies and current financial performance over the last five years. This information is anticipated to help businesses understand their competitors on a national and international level. Furthermore, the reports feature company profiles, product offers, critical financial data, country-level research, an integration of demand, locating suppliers, identifying buyers, generating sales trade, and supply variables that influence market growth.
Geographically, Liquid Biopsy market report is segmented into key regions, such as North America, Asia Pacific, Europe, The Middle East Africa, and South America. Furthermore, the study covers market size, growth rate, import and export, as well as country-level analysis, integrating the demand and supply forces of the Liquid Biopsy market in these countries, which are impacting market growth.
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COVID-19 Impact Analysis on Liquid Biopsy Market:
COVID-19 pandemic began to spread over the world in the first half of 2020, infecting millions of people globally, prompting major countries around the world to impose foot prohibitions and work stoppage orders. Most businesses, with the exception of medical supplies and life support items, have been severely hit, and Enterprise Flash Storage industries have also been severely impacted. The study includes a set of concepts that will assist readers in establishing and planning a corporate strategy.
Key Questions answered in the Liquid Biopsy Market Report are:
- Which production technology is utilized for Compounding Pharmacies? What developments are trending in that technology? Which trends are causing these developments?
- Who are the global key players in this Liquid Biopsy market?
- What was the global market status of the Liquid Biopsy market? What was volume, manufacture value, price, and revenue of Liquid Biopsy market?
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