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Liquid Biopsy Market Overview and Insights:
According to MarkNtel Advisors Report, the Global Liquid Biopsy Market is projected to grow at a CAGR of around 26% during the forecast period, i.e., 2023-28.
Liquid Biopsy Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
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Key Takeaways: Beneficial for Stakeholders and Clients:
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Historical Data: 2018-21
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Base Year: 2022
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Forecast Period: 2023-2028
What are the major challenges facing the Liquid Biopsy Market?
Detecting ctDNA through Liquid Biopsy becomes technically tricky as the quantities of ctDNA may be lower in the plasma of a cancer patient for particular cancer mutations, especially after the treatment and surgery. It is also not applicable to all cancers, as certain tumors do not shed a recognizable amount of ctDNA. Also, there may be fewer than one detectable copy of the cancer mutation containing ctDNA in a patient’s sample, resulting in ctDNA not being identified, even though ctDNA is deficient. As a result, the credibility is lessened, as it might give a false negative where ctDNA is not identifiable. This discrepancy could negatively hinder the market.
Who are the Key Players Operating in the Liquid Biopsy Industry?
The top companies of the Liquid Biopsy market ruling the industry are:
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Bio-Rad Laboratories
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Biocept Inc
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Abcodia Ltd
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Chronix Biomedical
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Epic Sciences Inc
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Hoffmann-La Roche AG
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Cynvenio Biosystems, Inc.
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GUARDANT HEALTH, INC
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Illumina, Inc.
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NeoGenomics Laboratories, Inc.
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Menarini Silicon Biosystems, Inc.
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Qiagen N.V.
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Thermo Fisher Scientific
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Personal Genome Diagnostics, Inc.
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Qiagen N.V.
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What is Included in Liquid Biopsy Market Segmentation?
The report has segmented the market into the following categories:
By Work Process
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Sample Preparation
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Library Preparation
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Sequencing
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Data Analysis
By Technology
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PCR
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RT-PCR
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dPCR
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Multiplex PCR
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Others
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NGS
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FISH
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Other Technologies
By Usage
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RUO
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Clinical
By Sample Type
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Blood
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Urine
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Saliva
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Cerebrospinal Fluid
Here, the Blood sample is estimated to dominate the market in the forecasting years. A blood test is relatively simple, especially for the patient, as it is non-invasive, has no risks, and is painless. Also, because it reduces the cost and time taken for the diagnosis, patients and doctors prefer blood samples. In addition, CTCs, ctDNAs, exosomes, and microvesicles can be detected along with other biomarkers by blood-based liquid biopsy. These biomarkers can help determine tumor dynamics and assist in treatment. Additionally, more ongoing research on blood sample tests for cancer is expected to accelerate the market forward.
By Products
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Test /Services
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Kits and Consumables
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Instruments
By Circulating Biomarkers
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Circulating Tumor Cells
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Cell-free DNA
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Circulating Cell-Free RNA
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Exosomes and Extracellular Vesicles
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Others
By Disease Type
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Lung Cancer
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Breast Cancer
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Prostate Cancer
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Colorectal Cancer
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Melanoma
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Other Cancers
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Non-Oncology Disorders
By Clinical Application
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Treatment Monitoring
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Prognosis and Recurrence Monitoring
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Treatment Selection
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Diagnosis and Screening
By Region
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North America
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South America
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Europe
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Middle East & Africa
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Asia-Pacific
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Frequently Asked Questions (FAQs)-
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What are the industry's overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
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What are the trends influencing the current scenario of the market?
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How has the Liquid Biopsy industry been evolving in terms of geography & adoption?
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Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
About US:
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