GITNUX MARKETDATA REPORT 2024

Liquid Biopsy Industry Statistics

The liquid biopsy industry is expected to experience significant growth due to increasing demand for non-invasive cancer diagnostics and monitoring.

In this post, we will explore the latest statistics and insights surrounding the dynamic landscape of the liquid biopsy industry. From market valuations and growth projections to key segments and major players, we’ll delve into the data that is shaping the future of liquid biopsy technology and its impact on healthcare.

Statistic 1

"The global liquid biopsy market was valued at USD 1.15 Billion in 2020."

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Statistic 2

"The liquid biopsy industry is expected to reach a market size of USD 6.01 Billion by 2027."

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Statistic 3

"The liquid biopsy market is projected to grow at a CAGR of 23.0% between 2020 and 2027."

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Statistic 4

"North America accounted for the largest share of the global liquid biopsy market in 2020."

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Statistic 5

"The circulating tumor cells (CTCs) segment held the largest share of the liquid biopsy market in 2020."

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Statistic 6

"The lung cancer segment is expected to account for the largest share of the liquid biopsy market."

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Statistic 7

"In the year 2019, the blood sample-based liquid biopsy segment accounted for the largest market share."

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Statistic 8

"Approximately 70% of the market share was accounted for by large volume centers in 2020."

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Statistic 9

"The urinal liquid biopsy segment is expected to grow at the highest CAGR during the forecast period."

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Statistic 10

"Pharmaceutical and Biotech companies are the largest end-users of liquid biopsy."

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Statistic 11

"In 2019, Breast Cancer liquid biopsy testing market held the second-largest revenue share."

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Statistic 12

"Biomarker testing for lung cancer using liquid biopsy is forecasted to dominate the market, making up 32.6% of all tumor types tested in 2020."

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Statistic 13

"In 2020, the top player in the liquid biopsy market was Guardant Health."

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Statistic 14

"Clinical diagnostic laboratories are expected to register significant growth at a CAGR of around 24% from 2021 to 2028."

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Statistic 15

"Europe liquid biopsy market size was valued at USD 220.5 million in 2019."

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Statistic 16

"China liquid biopsy market was valued at over USD 124 million in 2019 and is expected to witness 25.1% CAGR over the analysis timeframe."

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Statistic 17

"By 2024, it is estimated that the liquid biopsy market will capture a market size of over $3 billion."

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Statistic 18

"In 2019, CT DNA in liquid biopsy market was valued at near USD 2 billion."

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Statistic 19

"It is predicted that by the year 2027, the lung cancer application area in the liquid biopsy market will exceed a value of $1.85 billion."

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The statistics presented indicate a rapid growth trajectory for the global liquid biopsy market, with projections showing significant expansion in market size and key application areas such as lung cancer testing. Factors such as the rise of circulating tumor cells segment and the increasing adoption by pharmaceutical and biotech companies point towards a promising future for liquid biopsy technologies. Regions like North America and Europe are currently leading the market, with emerging markets like China showing strong growth potential. Overall, the data suggests a bright outlook for the liquid biopsy industry, driven by advancing technologies and expanding applications in cancer diagnostics.

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