Selbyville, Delaware, The Global Liquid Biopsy Market Report provides Insightful information to the clients enhancing their basic leadership capacity identified with the global Liquid Biopsy Market business, including market dynamics, segmentation, competition, and regional growth. The strategy of expansion has been adopted by key players who are increasing their production capacities to cater to the increasing demand for various applications. global market for liquid biopsy is evaluated to register tremendous growth at a CAGR of 18.54% during the considered phase of 2021-2028.
With age, the body’s immune system tends to deteriorate. Thus, people above 60 years are susceptible to chronic diseases, such as cancer. Over the year, there has been a significant rise in the number of aged people suffering from breast and colorectal cancer. Hence, the high prevalence of cancer among the geriatric population increases the need for liquid biopsy, thereby driving the liquid biopsy market’s development.
Furthermore, the technological advancements and rising demand for diagnostics centers are opening new avenues for the studied market. However, the dearth of skilled professionals, coupled with the high cost of liquid biopsy tests, hinders the overall market’s growth.
The global liquid biopsy market covers the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions.
The Asia-Pacific is estimated to become the fastest evolving region in the liquid biopsy market over the projected phase 2021-2028. The region provides several lucrative opportunities to the studied market to attain the anticipated growth during the given period. Additionally, the high population base in countries such as India and China is estimated to boost the demand for liquid biopsy in the upcoming years. Other than this, the surge in healthcare spending, along with the rise in awareness regarding the use of liquid biopsy, is motivating the expansion of the liquid biopsy market within the APAC region.
The renowned companies thriving in the liquid biopsy market are Menarini-Silicon Biosystems, Qiagen NV, Biocept Inc, Illumina Inc, Myriad Genetics Inc, Bio-Rad Laboratories Inc, Guardant Health Inc, Foundation Medicine, Personal Genome Diagnostics, Agilent Technologies Inc, Thermo Fisher Scientific Inc, Adaptive Biotechnologies, MDxHealth SA, Grail, Becton Dickinson and Company (BD), Angle Plc, F Hoffmann-La Roche, and Natera.
Agilent Technologies Inc provides instruments, software, services, and consumable solutions to analyze, detect, and quantify the biological and physical properties of substances and products. The company offers its products and services to several sectors, including chemical, environmental, forensics, clinical, and diagnostics. Founded in 1999, it markets its products via direct sales, resellers, distributors, and representatives. Agilent has manufacturing facilities, along with R&D centers globally, with headquarters located in California, the United States.
TABLE OF CONTENTS
- IMPACT OF COVID-19
- KEY INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF BUYERS
- BARGAINING POWER OF SUPPLIERS
- THREAT OF COMPETITIVE RIVALRY
- KEY MARKET STRATEGIES
- MARKET OUTLOOK – BY PRODUCT
- MARKET OUTLOOK – BY APPLICATION
- MARKET – REGIONAL OUTLOOK
- COMPETITIVE LANDSCAPE
- RESEARCH METHODOLOGY & SCOPE
- RESEARCH SCOPE & DELIVERABLES
- RESEARCH METHODOLOGY
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