liquid biopsy market size, demand & global opportunity analysis outlook 2021
TRANSCRIPT
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Global Liquid Biopsy Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Liquid Biopsy Market Overview
Liquid biopsy is a non-invasive and simple alternative of
conventional surgical biopsies that enable medical
professionals to detect cancer causing tumours just by
taking the blood sample of the patient. In this manner,
liquid biopsy assists the doctors in selecting the correct
treatment procedure for patients at right time.
The global liquid biopsy market is anticipated to witness a
substantial compound annual growth rate (CAGR) of
25.0% from 2016 to reach USD 10, 850 Million by 2021.
Regionally, the global liquid biopsy market is segmented
into North America, Latin America, Western and Eastern
Europe, Asia-Pacific, Middle East and North Africa
(MENA) and Rest of World (Row).
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Sources: Research Nester
Market Segmentation
By Technology
Circulating tumour cells (CTCs)
Extracellular vesicles (Exosomes)
Cell-free circulating DNA (cfDNA)
1,882
XX
0
2,000
4,000
6,000
8,000
10,000
12,000
2015 2021
Global Liquid Biopsy Market Size (USD Million), 2015-2021
Market Size (USD Million)
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By Sample Type
Blood
Urine
Growth Drivers and challenges
Rising number of cancer patients in the world coupled
with innovation in liquid biopsy technology is anticipated
to drive the global liquid biopsy market over the forecast
period.
In addition to that rising government initiatives to create
awareness about cancer detection and treatments is also
expected to bolster the global liquid biopsy market in
future.
However, expensive medical procedures & cost intensive
research process involved in liquid biopsy is anticipated to
restrain the development of the global liquid biopsy
market over next few years.
Market Size and Forecast
Regionally, North America dominates the global liquid
biopsy market. It is projected that by 2016 end, 1.7 million
new cancer cases would be detected in the U.S. alone,
making the country a major market for liquid biopsy in
North America.
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Western Europe liquid biopsy market is also expected to
witness a promising growth sparked by rising cases of lung
cancer, which is responsible for 21.5 %of all cancer
mortalities in the European region.
Asia-Pacific liquid biopsy market is likely to behold the
highest CAGR during the forecast period i.e. 2015-2021.
Rising per capita income and increasing investments on
healthcare infrastructure are some of the major factors
which are projected to bolster liquid biopsy market in
countries such as India and China.
Key Players
Global liquid biopsy market includes some of the top
players such as NeoGenomics, Biocartis, Guardant Health,
Trovagene, Pathway Genomics, etc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
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Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Middle East and North Africa (MENA)
Rest of World
Segmentation
By Technology
By Sample Type
By Region
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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