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North America & Global Liquid Biopsy Market Share, Trends, Segmentation 2024

Medical science is a highly dynamic field with high development and growth in technology. As a result advance technology in liquid biopsy has been evolved in past a decade.
Published 28 July 2016
About Liquid Biopsy:
Liquid Biopsy is a noninvasive procedure that helps in detecting cancer at very advance stage. This is done by testing a sample of blood and detecting cancer cells from the tumor. Taking various samples of the blood helps doctors understand the behavior of the tumor over time.
 
As cancer is genetic disease, and excisional biopsies is a process that provides a snapshot of changes occurring in the tumor. It also helps in finding how well the treatment is going on and plan the further treatment according to it. Various biopsy examinations also help in identifying the level of the disease and differentiate between different the types of cancer.
 
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Liquid Biopsy Applications:
Liquid Biopsy is mainly applicable in hospitals and clinics for detecting cancer, monitoring systemic therapies, prediction of prognosis in patients with curable disease, monitoring systemic therapies and detection of therapeutic targets.
 
Liquid Biopsy is a noninvasive method also used to monitor circulating tumor cells (CTCs) and cell-free DNA (cfDNA)
 
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Key Market Driver:
Medical science is a highly dynamic field with high development and growth in technology. As a result advance technology in liquid biopsy has been evolved in past a decade. Liquid biopsy market is one of the emerging technologies providing significant improvement in cancer management. With new technologies and patient testing segments indicates immense growth in upcoming years. Liquid biopsy shows growth and great potential in monitoring circulating tumor cells (CTCs) and cell-free DNA (cfDNA).
 
Moreover, the growth of liquid biopsy market is expected to rise due to disease like incidence of lung and pancreatic cancer.
 
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Liquid Biopsy market segment:
The liquid Biopsy market is divided into following segments
 
Liquid Biopsy Segmentation by application
Colorectal cancer
Pancreatic cancer
Lung cancer
Leukemia
Other
 
Liquid Biopsy Segmentation by end user
Academic Institutions
Research laboratories
Cancer Centers
Hospitals
Clinics
 
Liquid Biopsy Segmentation by diagnosis
Cell-Free DNA (cfDNA)
Extra-cellular vesicles (EVs)
Circulating Tumor Cells (CTC)
Circulating Tumor DNA (ctDNA)
 
Liquid Biopsy Regional Market Information:
 
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North America
Globally, North America is leading market for Liquid Biopsy. North America in liquid biopsy is growing rapidly this is mainly because colorectal cancer stands fourth most common diagnosed cancer in North America. And The R&D team is more in to developing new technologies to detect colorectal cancer.
 
The other factors that impact on the growth of liquid biopsy in North America is patient awareness and high medical policies
 
Europe
Europe region is also showing high growth in liquid biopsy in future. The factors that that impact the growth are increase in population, increasing awareness within the people, patients suffering from cancer and the need to detect and recover cancer. Lung cancer is one of the growing diseases in European countries and development in the technology to detect in early stage also impacts the liquid biopsy market in Europe.
 
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