The global breast cancer liquid biopsy market was valued at $87,641 thousand in 2019, and is projected to reach $357,051 thousand by 2027, registering a CAGR of 19.2% from 2019 to 2027. Rise in prevalence of breast cancer, increase in preference for noninvasive procedures, technological advancements in breast cancer liquid biopsy instruments, advantages of over solid tumor biopsy, and increase in patient awareness toward minimally invasive breast cancer liquid biopsy procedures are the key factors that fuel growth of the breast cancer liquid biopsy market.
In addition, rise in funding for breast liquid biopsy R&D, favorable initiatives undertaken by governments and global health organizations, and increase in breast cancer liquid biopsy reagents approvals are another factor that contributes toward the growth of the market. However, limitations associated with liquid biopsy testing and lack of access and awareness regarding breast cancer liquid biopsy in underdeveloped countries are expected to hinder growth of the market.
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Breast cancer liquid biopsy is a non-invasive blood test that detects tumor DNA fragments and circulating tumor cells (CTCs), which are released into the blood from primary tumors and metastatic sites. Breast cancer liquid biopsy is a simple & precise alternative to surgical biopsy procedures, which allows physicians and surgeons to detect & treat breast cancer at an early stage and obtain tumor information through blood samples. Breast cancer liquid biopsy is particularly significant as it helps physicians to understand molecular changes and dynamics of breast cancer. Moreover, breast cancer recurrence is expected to be understood through well-timed breast cancer liquid biopsy techniques.
KEY BENEFITS FOR STAKEHOLDERS
– The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
– It offers a quantitative analysis from 2019 to 2027, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities.
– A comprehensive analysis of four regions is provided to determine the existing opportunities.
– The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.
LIST OF KEY PLAYERS PROFILED IN THE REPORT
– Biocept, Inc.
– F. Hoffmann-La Roche Ltd. (Foundation Medicine, Inc.)
– Fluxion Biosciences, Inc.
– Menarini Group (Menarini Silicon Biosystems, Inc.)
– Myriad Genetics, Inc.
– NeoGenomics Laboratories, Inc.
– Qiagen N.V.
– Sysmex Corporation
– Thermo Fisher Scientific Inc.
– Isogen Life Science B.V.
– Cynvenio Biosystems, Inc.
– Biodesix, Inc.
KEY MARKET SEGMENTS
By Product & Service
– Reagent Kits
– Instruments
– Services
By Circulating Biomarker
– Circulating Tumor Cells
– Extracellular Vesicles
– Circulating Tumor DNA
By Application
– Diagnostics
– Prognostics
– Risk Assessment
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By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
– Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
– LAMEA
o Latin America
o Middle East
o Africa
Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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