Global Liquid Biopsy Industry Outlook and Growth Forecast for the Period 2018-2026

Published: Thu Nov 15 2018

Owing to its superior efficacy in cancer diagnosis over conventional biopsy procedures, adoption of liquid biopsy has witnessed an upward trend. Inclination towards less invasive procedures further unwinds growth possibilities in liquid biopsy market in the coming years. Also, favorable outcome of clinical trials in liquid biopsy efficacy is accounted as a major growth trigger. In its recent research report offering titled, ‘Liquid Biopsy Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026‘, Market Research Reports Search Engine (MRRSE) delves deep in evaluating recent market developments and their reciprocal implications on holistic growth of liquid biopsy market.

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AI and Machine Learning Algorithms in Liquid Biopsy to Pronounce Growth in the Near Future

To augment commercialization of liquid biopsy as a potent diagnosis tool, pharmaceutical entities and premiere research institutes are investing massively towards clinical trial initiatives to leverage advancement in the development of precise and accurate liquid biopsy platform. For example, in a recent development, a pioneer in cancer diagnosis and treatment management, Biocept has announced procurement of Japanese patent for its proprietary technology Switch-Blocker used for real time data gathering in liquid biopsy.

Further, integration of advanced machine learning and artificial intelligence algorithms are likely to spur phenomenal growth in adoption of liquid biopsy as a potent cancer diagnosis alternative over traditional methods.

Free Nucleic Acid Based Circulating Biomaker Likely to Remain Lucrative during the Forecast Span

This elaborate research report on liquid biopsy market is a deep-dive description of various market opportunities, trends, and threats that impact growth in liquid biopsy market. Also, the report also entails a comprehensive overview of opportunity assessment prevalent in liquid biopsy market, banking upon which market players in liquid biopsy market can develop novel perspectives and implement profit oriented investment decisions and business models to secure a leading market position besides ensuring sustained revenue pools. The report also briefs about existing market factors and segments operational in liquid biopsy market such as application, circulating biomaker, and end-use. Based on application, liquid biopsy market is splintered into oncology, NIPT, and transplant diagnostics amongst others. In terms of circulating biomarker, liquid biopsy market is classified into circulating tumor cells, free nucleic acid, and extracellular vescicles/exosomes. In terms of end-user, liquid biopsy market is fragmented into hospitals, reference laboratories, and academic and research institutes amongst others.

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North America, Followed by Europe to Retain Dominance in Regional Markets

Further in the course of this elaborate research report on liquid biopsy, readers are also presented with broad classification of regional expanse, based on which the market is demarcated into Europe, North America, Latin America, Asia-Pacific, and Middle  East and Africa.

Competition Deep-Dive: Liquid Biopsy Market

Based on thorough research elements postulated in this section of the report, readers are offered a decisive overview of competitive landscape, complete with a brief about winning marketing strategies incorporated by leading players across regions in liquid biopsy market, and their efficacy in triggering favorable consumer response in terms of their purchase preferences and purchase decisions. Detailed analysis of these strategies by leading market players allow them to infer core deductions based on which market players in liquid biopsy market can effectively deliver well-informed investment policies and business models to consolidate their leading stance in liquid biopsy market. Some of the leading players identified in liquid biopsy market include, FoundationOne® LiquidBiocept, Inc., MDxHealth, Bio-Rad Laboratories, Myriad Genetics, Inc., Thermo Fisher Scientific Inc., and F. Hoffmann-La Roche Ltd. amongst others.

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