The global market for liquid biopsy is expected to grow from $4.6 billion in 2024 and is projected to reach $13.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.3% during the forecast period of 2024 to 2029.
The North American liquid biopsy market is expected to grow from $2.0 billion in 2024 and is projected to reach $5.7 billion by the end of 2029, at a CAGR of 23.1% during the forecast period of 2024 to 2029.
The European liquid biopsy market is expected to grow from $1.3 billion in 2024 and is projected to reach $3.5 billion by the end of 2029, at a CAGR of 22.2% during the forecast period of 2024 to 2029.
Report Scope
This report provides an in-depth analysis of the global market for liquid biopsy tools, services and diagnostics, including market estimations and trends, using 2023 as the base year and forecasting 2024 through 2029 with a compound annual growth rate (CAGR) projection. The report includes an overview of the industry structure and its competitive landscape. Leading market players' profiles, product offerings, financial information and recent market activities are provided. The report also assesses companies' business strategies and their effect in the face of the competitive environment. It details the global market based on application, purpose of analysis, biomarker type and platform. Regional analysis includes North America (U.S., Canada, Mexico), Europe (U.K., Germany, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific), and the Rest of the world (South America, and the Middle East and Africa).
Report Includes
65 data tables and 58 additional tables
Analyses of the trends in the global market for liquid biopsy research tools, services and diagnostics, with market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projected CAGRs through 2029
Estimates of the market size and revenue growth prospects, along with a market share analysis by application, purpose of analysis, biomarker type, analysis platform (technology type) and region
Examination of conventional biopsy methods and liquid biopsy enabling technologies
Discussion of large-scale research initiatives
Facts and figures pertaining to key market dynamics, technology advances, regulations, and the impact of macroeconomic factors
Insights derived from the Porter's Five Forces model, as well as global supply chain and PESTLE analyses
Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
Patent analysis, including key granted and published patents
Analysis of the industry structure, including companies' market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
Profiles of leading companies, including Exact Sciences Corp., Natera Inc., Guardant Health, Roche, and NeoGenomics Laboratories
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Overview
Liquid Biopsy Versus Traditional Biopsy
Analytes Used in Liquid Biopsy
Emerging Clinical Applications of Liquid Biopsy
Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Advances in Liquid Biopsy Workflow Technologies
Increasing Incidence of Cancer
Increasing Awareness of Early Cancer Detection
Limitations of Tissue Biopsy
Market Restraints
Lower Sensitivity of Certain Liquid Biopsy Procedures
Market Opportunities
Growing Significance of Precision Medicine
Emerging Economies such as China
Chapter 4 Emerging Technologies and Clinical Trials
Nanotechnology in Liquid Biopsy
Microfluidic-based Devices in Liquid Biopsy
Clinical Trials in Liquid Biopsy Market
Chapter 5 Market Segmentation Analysis
Market Trends
Segmentation Breakdown
Global Market for Liquid Biopsy by Application
Non-invasive Prenatal Testing (NIPT)
Cancer
Organ Transplantation
Global Market for Liquid Biopsy by Purpose of Analysis
Early Detection/Screening
Monitoring
Diagnosis
Therapy Guidance
Global Market for Liquid Biopsy by Biomarker Type
Cell-free Nucleic Acids
Circulating Tumor Cells
Other Biomarker Types
Global Market for Liquid Biopsy by Analysis Platform
Next-Generation Sequencing (NGS)
Polymerase Chain Reaction (PCR)
Other Analysis Platforms
Global Market for Liquid Biopsy by Cancer Site
Pan-Cancer
Colorectal Cancer
Breast Cancer
Lung Cancer
Bladder Cancer
Prostate Cancer
Hematologic Cancer
Gynecologic Cancer
Other Cancers
Geographic Breakdown
Global Market for Liquid Biopsy by Region
North America
Europe
Asia-Pacific
Rest of the World (RoW)
Chapter 6 Competitive Intelligence
Ranking of Leading Players
Comparative Analysis
Chapter 7 Sustainability in the Liquid Biopsy Market: ESG Perspective