MarkNtel Advisors recently published a detailed industry analysis of the EMEA Liquid Biopsy Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the EMEA Liquid Biopsy Market (2023-2028)
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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What is driving the EMEA Liquid Biopsy Market?
Prevalence in the Number of Cancer Patients Would Generate the Demand for Liquid Biopsy – Cancer has been a chronic disease over the past years & would continue to ascend in the forecasting year as well, owing to the increasingly sedentary lifestyle, smoking, and drinking habit of the individual, which would require better diagnostic facilities, treatment, and care for the patients. The continuous boost in the number of cancer patients emphasizes the need for accurate & convenient diagnostic systems for early cancer detection. Consequently, with the rising number of cancer patients, especially across Turkey, France, Denmark, etc., the usage of Liquid Biopsy is also uplifting. The advantages of liquid biopsy, like lower cost, early prognosis, therapy monitoring, etc., have further enhanced their adoption over conventional diagnostic methods to detect urothelial carcinoma, non-urological cancers, and other blood cancers.
The use of liquid biopsy has also been upscale to determine the best treatments for cancer patients, especially lung & prostate cancer, in which the patient receives specific targeted drugs. Hence, the improved investments by government organizations & pharmaceutical companies to escalate the research & development of new cancer treatments are anticipated to augment the growth of the EMEA Liquid Biopsy Market during the forecasted period.
What segments define the EMEA Liquid Biopsy market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
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 Sample Type
(Blood Urine Others (Cerebrospinal Fluid, Plasma, Saliva, etc.)),
By Application
(By Cancer Application, By Non Cancer Application, By Clinical Application),
By End User
(Hospital and Physician laboratories, Reference Laboratories, Academic & Research Centre),
By Country
(Germany, The UK, France, Italy, Spain, Saudi Arabia, The UAE, Egypt, South Africa, Rest of Europe Middle East & Africa)
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Who are the leading key players shaping the EMEA Liquid Biopsy Market landscape?
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, Illumina Inc., Myraid Genetics., Others
Questions Addressed in this Study
1.What factors are driving the EMEA Liquid Biopsy Market growth?
2.How is the EMEA Liquid Biopsy Market expected to grow over the next five years?
3.What are the key insights into the current trends in the EMEA Liquid Biopsy Market?
4.What is the current size of the EMEA Liquid Biopsy Market, and how is it projected to change in the future?
6.What is the future outlook for the EMEA Liquid Biopsy Market in terms of technological advancements and market expansion?
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