Cancer is a life-threatening disease which requires timely diagnosis and continuous treatment which is effective. In order to check efficacy of the treatment, there are several tests. Fluid biopsy or fluid phase biopsy, is one such test. It is generally known as liquid biopsy primarily is the sampling and analysis of non-solid biological tissue which is blood. Just like the traditional biopsy, this type of test/ method is primarily used as a tool for diagnosis and tracking level of diseases like cancer. Liquid biopsy is being preferred the most due to its non-invasive nature and are more likely to be used to check efficacy of the treatment with the help of testing several samples that too within the time span of couple of weeks. The global liquid biopsy products market is rampantly growing in wake of numerous factors.
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The coronavirus pandemic has provided impetus to the growth of the global liquid biopsy products market. This was mainly because people suffering from cancer were more likely to be infected with the life-threatening infection. Despite pathology labs being flooded with people to get themselves tested for coronavirus; number of liquid biopsies went up. One of the biggest factor that has been driving the growth of global liquid biopsy products market is increasing prevalence of cancer among people of all ages. Along with this, surging preference for procedures that are non-invasive also help this market grow.
Meanwhile, growing concerns pertaining to low sensitivity and specificity are expected to hinder the growth of the global liquid biopsy products market in the period of forecast. On the other hand, the global liquid biopsy products market is forecasted to witness tremendous growth in coming years due to growing research and development initiatives in the field of medical science.
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Global Liquid Biopsy Products Market Report Findings:
- On the basis of application, the non-invasive prenatal tests (NIPT) segment will mint money at the quick speed for the global liquid biopsy products market because growing preference for non-invasive procedures.
- On the basis of the offering, the services segment that is again bifurcated into custom services and support services will be making major chunk of the money for the global liquid biopsy products market.
- The region of Asia Pacific is forecasted to mint money at the rapid rate for the global liquid biopsy products market. Densely populated countries like China and India are seeing a surge in the number of cancer patients, specifically young people. This is why the number of people going for liquid biopsy will rise.
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Competitors: Global Liquid Biopsy Products Market:
- Biocept, Inc.
- BioChain Institute Inc.
- Bio-Rad Laboratories, Inc.
- Hoffmann-La Roche Ltd
- Genomic Health
- Grail Bio, an Illumina spinoff
- Guardant Health
- Pathway Genomics
- Personal Genome Diagnostics Inc.
- Other Market Participants
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Global Liquid Biopsy Products Market
- Circulating tumor cells (CTC) in the blood
- Cell free DNA from tumor or fetus cells (in the blood)
- Molecular Diagnostics
- Early Stage Cancer
- Lung Cancer
- Breast Cancer
- Colorectal Cancer
- Gastric Cancer
- Prostate Cancer
- Liver Cancer
- Bladder Cancer
- Ovarian Cancer
- Non-invasive prenatal tests (NIPT)
- 5 ml
- 50 ml
- 100 ml
- 250 ml
- Above 250 ml
- Blood Collection Tube (BCT) for cfDNA and CTCs
- Target Selector Kits
- Cell Free DNA Extraction Kit
- Cell Free Nucleic Acid Extraction Kit
- Mutation Quantification Control Plasma
- Genomic profiling diagnostic kit
- Target Selector NGS Panels
- PCR Purification Kit
- Blood Nucleic Acid Extraction
- Viral Nucleic Acid Extraction
- Liquid Biopsy Assays
- Custom Services
- Support Services
By End User
- Hospitals/ Clinics
- Pathology Laboratories
- Physician Laboratories
- Academic and Research Centers
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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