Global breast cancer liquid biopsy market projected to grow at a CAGR of 23.1%
The global breast cancer liquid biopsy market is estimated to grow at a CAGR of 23.1% from 2017 to 2022, from USD 145.4 million in 2017 to reach USD 411.1 million by 2022. Increasing prevalence of breast cancer, increasing preference for noninvasive procedures, and availability of funding for liquid biopsy R&D are some of the key factors driving the growth of the market. Unclear regulatory and reimbursement scenario is one of the major challenges faced by the market.
Cell-free DNA to register the highest CAGR during the forecast period
Based on circulating biomarkers, the market is categorized into circulating tumor cells (CTCs), cell-free DNA (cfDNA), extracellular vesicles (EVs), and other circulating biomarkers. The cfDNA segment is the fastest-growing segment in the circulating biomarkers market during the forecast period. This is due to the growing interest in cfDNA research from biofluids such as the blood of cancer patients as a means of disease diagnosis and therapeutic monitoring.
Reference laboratories to register the largest share during the forecast period
Based on end user, the market is categorized into reference laboratories, hospitals and physician laboratories, and other end users. The reference laboratories segment is the largest end-user segment of the global breast cancer liquid biopsy market. Reference laboratories are well-equipped large laboratories with facilities for genomic testing of samples, thus receiving major share of samples from hospitals and private practitioners.
Asia Pacific to witness the highest growth during the forecast period (2017–2022)
North America is expected to account for the largest share of the global breast cancer liquid biopsy market in 2017, while Asia Pacific is expected to witness the highest growth during 2017 to 2022. Growing demand for non-invasive treatment, rising incidence of breast cancer, and improving healthcare infrastructure are driving the growth of breast cancer liquid biopsy market in this region.
Break of primary participants was as mentioned below:
- By Company Type – Tier 1– 15%, Tier 2– 45%, and Tier 3–40%
- By Designation – C-level– 27%, Director Level–33%, Others–40%
- By Region – North America–25%, Europe–45%, Asia-Pacific–15%, RoW–15%
The report analyzes the breast cancer liquid biopsy market and aims at estimating market size and future growth potential of this market based on various segments such as by circulating biomarker, end user, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies.
This report provides insights on the following pointers:
- Market Penetration: Comprehensive information on product portfolios offered by the top players in the global liquid biopsy market. The report analyzes the global liquid biopsy market by product, medical specialty, application, end user, and region
- Innovation: Detailed insights on upcoming trends and product launches in the global breast cancer liquid biopsy market
- Market Development: Comprehensive information on the lucrative emerging markets by product, circulating biomarkers, end user, and region
- Market Diversification: Exhaustive information about growing geographies, recent developments, and investments in the global breast cancer liquid biopsy market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and capabilities of liquid biopsy products of leading players in the global market
1 Liquid Biopsy: Market at A Glance
1.2 Issues Addressed By Liquid Biopsy & Biomarkers Detected
1.3 Milestones in Liquid Biopsy
2 Liquid Biopsy: Circulating Biomarkers
2.1 Liquid Biopsy Market for Circulating Tumor DNA (CTDNA)
2.2 CTDNA Approaches: Applications and Limitations
2.3 Methods for CTC Isolation
3 Liquid Biopsy: Market Overview
188.8.131.52 High Burden of Cancer
184.108.40.206 Increasing Preference for Noninvasive Procedures
220.127.116.11 Initiatives Undertaken By Governments and Global Health Organizations
18.104.22.168 Technological Advancements
22.214.171.124 Rising Emphasis on Personalized Medicine
126.96.36.199 Availability of Funding for Liquid Biopsy R&D
188.8.131.52 Low Sensitivity and Specificity
184.108.40.206 Growing Interest in Liquid Biopsy
220.127.116.11 Unclear Regulatory and Reimbursement Scenario
4 Major Investments & Initiatives
4.1 Government Funding & Initiatives
4.2 Industry Investments and Initiatives
5 Breast Cancer Liquid Biopsy Market
5.1 Breast Cancer Liquid Biopsy Market: Global Scenario
5.2 Potential of Liquid Biopsy and CTC in Breast Cancer Diagnosis
6 Liquid Biopsy Market: Competitive Landscape
6.2 Key Strategies
6.2.1 Acquisitions and Mergers
6.2.2 Product Launches
6.2.3 Agreements, Partnerships, and Collaborations
6.3 Liquid Biopsy Market: Competitive Technology Portfolio
List of Tables
Table 1 CTDNA Approaches: Applications and Limitations
Table 2 Methods for CTC Isolation-1
Table 3 Methods for CTC Isolation -2
Table 4 Conferences & Awareness Programs on Liquid Biopsy
Table 5 Upcoming Conferences & Awareness Programs on Liquid Biopsy
Table 6 Government Funding & Initiatives – North America
Table 7 Government Funding & Initiatives – Europe
Table 8 Government Funding & Initiatives – Asia Pacific
Table 9 Government Funding & Initiatives – Rest of the World
Table 10 Major Investments in the Liquid Biopsy Market (2010–2017) -1,2,3,4,5,6
Table 11 Breast Cancer Liquid Biopsy Market, By Circulating Biomarker, 2015-2022 (USD Million)
Table 12 Breast Cancer Liquid Biopsy Market, By Region, 2015-2022 (USD Million)
Table 13 Breast Cancer Liquid Biopsy Market, By End User, 2015-2022 (USD Million)
Table 14 Breast Cancer CTDNA Market, By Region, 2015-2022 (USD Million)
Table 15 Major Players and Competitive Technology Portfolio – 1,2,3,4,5,6,7
List of Figures
Figure 1 Issues Addressed By Liquid Biopsy
Figure 2 Liquid Biopsy: Detection of Cancer Biomarkers
Figure 3 Milestones in Liquid Biopsy
Figure 4 Liquid Biopsy Market: Drivers, Restraints, Opportunities, and Challenges
Figure 5 Global Cancer Mortality Statistics (2012)
Figure 6 Biomarkers Used in Current Liquid Biopsy Tests
Figure 7 Pubmed Publications on Liquid Biopsy
Figure 8 Investments in Liquid Biopsy: 2016 & 2017 (Used Million)
Figure 9 NGS Fund-Raising in 2017 (USD Million)
Figure 10 Breast Cancer Liquid Biopsy: Market Overview
Figure 11 Liquid Biopsy Market By Circulating Biomarkers (CAGR 2017 – 2022)
Menarini Silicon Biosystems
Cynvenio Biosystems, Inc.
Genomic Health, Inc.
Thermo Fisher Scientific Inc.
Fluxion Biosciences, Inc.
Guardant Health, Inc.
Isogen Life Science B.V.