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Liquid Biopsy Market Size Worth USD 4.79 Billion by 2028 at 20.2% CAGR

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Global Liquid Biopsy Market was valued at USD 1.32 billion in 2021 and is expected to reach USD 4.79 billion by the year 2028, at a CAGR of 20.2%.

liquid biopsy market - Global Outlook and Forecast 2023-2029 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2029). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global Liquid Biopsy Market.

Global Liquid Biopsy Market was valued at USD 1.32 billion in 2021 and is expected to reach USD 4.79 billion by the year 2028, at a CAGR of 20.2%.

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Some of the key players profiled in the study are:

  • Hoffmann-La Roche Ltd. (Switzerland)
  • Myriad Genetics Inc. (US)
  • QIAGEN N.V. (Netherlands)
  • Thermo Fisher Scientific Inc. (the US)
  • Guardant Health Inc. (the US)
  • BIOCEPT Inc. (the US)
  • Illumina Inc. (the US)
  • Angle plc (UK)
  • Oncimmune(UK)
  • Lucence health Inc. (US)
  • FreenomeHoldings Inc. (US) and Other Major Players.

 

Liquid Biopsy Market: Demand Analysis Opportunity Outlook 2029

Liquid Biopsy research study defines market size of various segments countries by historical years and forecast the values for next 6 years. The report is assembled to comprise qualitative and quantitative elements of Liquid Biopsy industry including: market share, market size (value and volume 2017-2022, and forecast to 2029) that admires each country concerned in the competitive marketplace. Further, the study also caters and provides in-depth statistics about the crucial elements of Liquid Biopsy which includes drivers restraining factors that helps estimate future growth outlook of the market.

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The segments and sub-section of Liquid Biopsy market is shown below:

By Cancer Type

  • Lung
  • Breast
  • Liver
  • Others

By Circulating Biomarker

  • Circulating Tumor DNA
  • Circulating Tumor Cells
  • Others

By End-User

  • Hospitals
  • Laboratories
  • Government Research Centre

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By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Covid-19 Impact Analysis On Liquid Biopsy Market

The global pandemic of COVID-19 has slowed the growth rate of the liquid biopsy market from 2020 to 2021. The novel influenza coronavirus (SARS-CoV-2) has disrupted many aspects of our lives, including medical activities. In this setting, much routine cancer diagnostic and therapeutic procedures have been suspended, leading to delays in diagnosis, treatments, and, ultimately, increases in cancer mortality rates. Equally drastic has been the impact of COVID-19 on clinical trials. The pandemic has also impacted the logistics and supplies of cancer diagnostic raw materials and components and other essential commodities utilized in the assembly of liquid biopsy. These factors limit the growth of the liquid biopsy market during the COVID-19 pandemic.

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