Title: Liquid Biopsy Market: Global Industry Analysis and Forecast 2021-2026
1Presents a Research Report on Liquid Biopsy
Market
According to a report published by The World
Health Organization in 2017, the number of breast
cancer deaths around the globe is expected to
increase. By 2040, more than 991,000 women are
expected to die annually of breast cancer across
the globe.
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2Liquid Biopsy Market Highlights Drivers
- Liquid Biopsy Market size is expected to grow at
a strong CAGR during the next five years. - Liquid biopsy, also known as fluid
biopsy or fluid phase biopsy, is the sampling and
analysis of non-solid biological tissue, mainly
blood. This technique is mainly used as a
diagnostic and monitoring tool for diseases such
as cancer, with an added benefit of being largely
non-invasive. -
- Market Dynamics
- The potential for liquid biopsies to lead to
early detection of cancer may impact several
product lines, mainly critical illness (CI) and
medical insurance. Over the past few years, CI
has undergone several innovations. Companies now
offer staged, multi-pay, and cancer-only plans. A
unique selling point of cancer-only and staged CI
plans is they cover early-stage cancers as well.
Increased near-term utilization of liquid biopsy
as part of routine screening tests or diagnostic
protocols could lead to higher cancer incidence
rates than anticipated. This could impact the
pricing assumptions of certain products,
especially those offering early-stage cancer
benefits.
3Market Insight
- Recent mainstream news flow has made much of the
CancerSEEK diagnostic test, particularly its
ability to detect multiple types of cancer from a
single blood sample. In reality, further
confirmatory tests will be required
post-screening before a patient is placed on the
current standard of care for their particular
cancer. Also, the tests sensitivity falls to 70
for the purposes of screening certain cancers,
which is insufficient to drive standalone
clinical decisions. Therefore, considerable
further development and validation of liquid
biopsy-type platforms are required to establish
such a one stop diagnostic test. Among the key
competitors in liquid biopsy, Biocept, Oncocyte
and few others are creating buzz in the market. - Overall, the liquid biopsy (LB) concept
complements the personalized medicine approach
and provides an innovative way for patient
selection in clinical trials, here mutational
analysis supports patient eligibility for
targeted therapy. - While we do not anticipate that LB will fully
replace or directly compete with SB for most
diagnostic purposes any time soon, we do very
much foresee that LB will complement SB rapidly
within the next 35 years and will become a tool
of choice for dynamic monitoring of patients on
treatment or under active surveillance. In many
instances, LB will also prompt further imaging
workup and/or re-biopsy of tissue lesions.
4Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
5Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
6About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
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