EMEA Liquid Biopsy Market Insights Report Overview
According to the latest market study by MarkNtel Advisors titled “EMEA Liquid Biopsy Market Size, Share, Trends, Growth, Opportunity Analysis 2023-2028” presents a thorough examination of market drivers, opportunities and challenges.
Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.
EMEA Liquid Biopsy Market Overview:
The EMEA Liquid Biopsy Market is projected to grow at a CAGR of around 13.98% during the forecast period, 2023-28.
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EMEA Liquid Biopsy Market Trend:
Rising Use of ctDNA to Enhance the Accuracy of Liquid Biopsy – Liquid biopsy has the potential to improve the treatment for patients who are diagnosed with cancer. However, researchers are exploring the potential use of ctDNA for early detection & symptoms of tumors in the blood. For instance, GRAIL (Gene recognition and analysis internet link) has developed a multi-cancer blood test-based DNA methylation pattern in ctDNA. This technology enables the identification & treatment of cancer at an earlier stage when the treatment is likely to be more effective & chances of survival are high. In addition, it allows us to shift the drugs that are currently being trailed in the last stage of cancer into the early stages of the disease, helping to build more effective cancer treatment. Thus, liquid biopsy technology coupled with ctDNA analysis is the emerging technology that would certainly augment the revenue growth of the EMEA Liquid Biopsy Market in the coming years.
Competitor Insight: EMEA Liquid Biopsy Market
This report focuses on major market participants like:
Thermofisher Scientific
Hoffmann-La Roche Ltd
Sysmex Corporation
Qiagen N.V.
Guardant Health
Bio Rad
Neo Genomics
Epigenomics
Menarini-Silicon Biosystems
Agena Bioscience Inc.
Silicon Biosystems
Pathway Genomics Corporation
Others (Myraid Genetics, Illumina Inc.,etc)
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Segmentation Summary: EMEA Liquid Biopsy Market
This segmentation analysis outlines prominent sections in the report's table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the EMEA Liquid Biopsy Market, with notable highlighting on:
-By Sample Type
Blood
Urine
Others (Tissue, saliva, etc.)
Blood Sample-based Testing dominated the EMEA Liquid Biopsy Market during the historical years, as it is highly preferred by cancer patients owing to its least invasive nature & reduced risk of incision into the body. The blood samples can be used to detect various biomarkers like ctDNA, CTC, etc., and also allows for reducing the cost & time for the diagnosis. Further, the collection of blood samples is the most convenient method of diagnosis & has been majorly used for the detection of brain, lung, and breast cancers across the region, as it is one of the most painless methods of cancer detection. In addition to this, it can also detect the recurrence of cancer after treatment & helps in early detection & blood-based tests ongoing research for cancer is expected to drive the market in upcoming years.
-By Product and Services
Equipment
Assay Kits
Services
-By Circulating Biomarker
Circulating Tumour Cell (CTC)
Circulating Tumour DNA (ctDNA)
Cell Free DNA (cfDNA)
Extracellular Vesicle (EVS)
-By Technology
Multi gene analysis by Next Generation Sequencing (NGS)
Single gene analysis by Polymer chase reaction (PCR)
-By Application
By Cancer Application
By Non Cancer Application
By Clinical Application
-By End User
Hospital and Physician laboratories
Reference Laboratories
Academic & Research Centre
EMEA Liquid Biopsy Market Geographical Reach:
Germany
The UK
France
Italy
Spain
Saudi Arabia
The UAE
Egypt
South Africa
Rest of Europe Middle East & Africa
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Key Questions Addressed:
Factors Driving Market Growth: Understand the primary drivers propelling the EMEA Liquid Biopsy market forward.
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Growth Projections: Gain insights into anticipated growth projections for the coming years.
Geographical Hotspots: Identify geographical poised for significant market growth soon.
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