Liquid Biopsy Market Latest Innovations, Drivers and Industry Key Events 2029

Liquid Biopsy Market Overview:

The Liquid Biopsy Market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Liquid Biopsy Market , as well as the reasons for variations in the industry's growth in various locations.

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Market Scope:

This research study makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to discover and collect excerpts acceptable for this study.

In 2021, the market for liquid biopsies was worth US$1.45 billion. The size of the global liquid biopsy market is anticipated to increase throughout the forecast period at a CAGR of 20.9%.

Segmentation:

Using technology Multi-gene-parallel Analysis (NGS) accounted for over 73% of the global market in terms of revenue in 2020, and it is anticipated that it would maintain its dominance during the forecast period. NGS technology has the potential to uncover a variety of mutations that might be involved in the development of cancer as well as potential resistance mechanisms that might have developed from pre-existing clones after therapy.

High-accuracy sequencing now costs significantly less thanks to recent rapid developments in NGS technology. This method allows for the screening of unknown variations and is utilised in targeted panels for the accurate and highly sensitive detection of ctDNA mutations. For instance, NGS may detect stage 1 or stage 2 lung cancer patients with a MAF of only 0.1%.

Key Players:

The entire method entails an examination of the key market players' financial reports. Following the assessment of the overall market size, the market was segmented into several divisions and sub-segments and validated by key industry professionals and marketing executives. The biggest players in the Liquid Biopsy Market are as follows:

• F. Hoffmann-La Roche Ltd. (Switzerland)
• Myriad Genetics, Inc. (US)
• QIAGEN N.V. (Netherlands)
• 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)
• Exosome Diagnostics, Inc. (US)
• Agena Bioscience, Inc. (US)
• MedGenome Inc. (US)
• Epigenomics AG (Germany)
• Personal Genome Diagnostics, Inc. (US).

Regional Analysis:

The regional description of the Liquid Biopsy Market analysis also contains individual market influencing variables and changes in market regulations that affect current and future market trends. Current and future trends are reviewed to evaluate the overall market potential and to identify profitable trends to get a more solid footing. The geographical market evaluation is based on the current environment and anticipated trends.

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COVID-19 Impact Analysis on Liquid Biopsy Market :

End-user industries where Liquid Biopsy Market are utilized had a drop in growth from January 2020 to May 2020 in some countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant fall in the revenues of businesses operating in these industries and, as a result, in demand for Liquid Biopsy Market manufacturers, impacting the Liquid Biopsy Market 's growth in 2020. With lockdowns and an increase in COVID-19 instances throughout the world, end-user business demand for Liquid Biopsy Market has declined dramatically.

Key Questions Answered in the Liquid Biopsy Market Report are:

Which segment had the largest share in the Liquid Biopsy Market in 2021?
What is the competitive landscape of the Liquid Biopsy Market ?
Which are the key drivers aiding the Liquid Biopsy Market growth?
Which region has the maximum share in the Liquid Biopsy Market ?
What will be the CAGR of the Liquid Biopsy Market during the forecast period (2021-2027)?
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