Navigation Links
Liquid Biopsy Markets Reach $394 Million: Double-Digit Growth Expected
Date:7/11/2017

ROCKVILLE, Md., July 11, 2017 /PRNewswire/ -- The global market for liquid biopsy diagnostic and monitoring tests had estimated revenues of approximately $394.1 million in 2016.  Although in early stages, the global market has exhibited a trend of solid growth, in particular as a result of the gradual shift towards personalized medicine in oncology clinical practice, and the recent introduction of a significant number of new liquid biopsy tests that address the need for less-invasive testing of tumor biomarkers to guide treatment decisions.

Growth is expected to continue at over 27% for the next five years.   The growing incidence of cancer and healthcare spending in the oncology area contribute to the high demand for diagnostic and monitoring tests, especially the non-invasive type such as liquid biopsy assays.  Kalorama made its finding in its latest report, The Worldwide Market for Liquid Biopsy, authored by biotechnology and diagnostics market analyst Adriana Rusu.    

Liquid biopsies also provide a more comprehensive picture of the tumor's heterogeneity; given the intra-tumor heterogeneity, as well as that between the tumor and metastatic lesions, liquid biopsy tests are believed to provide a more holistic image of the tumor genome at a particular point in time than tissue biopsies or other diagnostic and monitoring techniques.  The term liquid biopsy encompasses various diagnostic methods that use liquid, non-tissue specimens to provide information that can aid in the diagnosis and monitoring of cancer.

According to Kalorama Information's report, the currently available liquid biopsy technologies employ the analysis of various types of analytes, including circulating tumor DNA (ctDNA), circulating tumor cells (CTCs), extracellular vesicles (exosomes), proteins, miRNA and mRNA. Among them, ctDNA and CTCs have been the most explored and commercially developed technologies up to the present time.

Currently, tissue biopsies, along with imaging techniques, are the standard methods used in the diagnosis of solid cancers, but despite their widespread use, they have many limitations that open the door for other diagnostic technologies in oncology clinical settings.  Compared to tissue biopsies, liquid biopsies have several advantages, including a less or non-invasive nature, lower cost, decreased risk, and faster turnaround time for results.  Moreover, liquid biopsies offer the possibility of repeating the tests as necessary after the tumor has been surgically removed, and at various stages during and after the course of therapy.   Liquid biopsies also provide a more comprehensive picture of the tumor's heterogeneity; given the intra-tumor heterogeneity, as well as that between the tumor and metastatic lesions, liquid biopsy tests are believed to provide a more holistic image of the tumor genome at a particular point in time than tissue biopsies or other diagnostic and monitoring techniques. 

Geographically, North America amounted for the majority of revenues in this market, holding forty percent of the overall market in 2016. 

Kalorama Information's report contains profiles of segments of the liquid biopsy market, including established IVD competitors such as Roche and Qiagen as well as specialists in liquid biopsy.  The report can be found at: https://www.kaloramainformation.com/Worldwide-Liquid-Biopsy-Analyte-ctDNA-cfDNA-Application-Screening-Drug-Monitoring-Diagnostic-Region-Europe-Asia-ROW-Type-Cancer-10975987/.

About Kalorama Information

Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.  

We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog on our company website.  

Please link any media or news references to our reports or data to http://www.kaloramainformation.com/.

Press Contact: 
Bruce Carlson
212 807 2262 
bcarlson@marketresearch.com

 

View original content with multimedia:http://www.prnewswire.com/news-releases/liquid-biopsy-markets-reach-394-million-double-digit-growth-expected-300486178.html


'/>"/>
SOURCE Kalorama Information
Copyright©2017 PR Newswire.
All rights reserved


Related medicine technology :

1. QIAGEN Expands Liquid Biopsy Pipeline with AR-V7 Test in Prostate Cancer
2. Indivumed Founder and CEO Recognized for Contribution to Liquid Biopsy Innovation
3. QIAGEN Joins CANCER-ID Consortium for Liquid Biopsy Workflows
4. Biocept and Catalyst Pharmaceuticals Collaborate to Provide Liquid Biopsy Testing for Small Cell Lung Cancer to Patients with Lambert Eaton Myasthenic Syndrome (LEMS)
5. Pharmaceutical Grade Silica Gel Market Analysis, By Application (Desiccant, Drug Carrier [Scarcely Soluble Drugs, Liquid Drugs], Adsorbent, Glidant), By Region And Segment Forecasts, 2013 - 2025
6. The FDA has Approved Tirosint-SOL, Levothyroxine in Liquid Solution for the American Market, IBSA Patent
7. Biocompare, Inc. Launches the Trends in Liquid Handling Future Lab
8. MD Anderson and Guardant Health announce partnership to make comprehensive liquid biopsy part of oncology standard of care
9. Global Liquid Biopsy Market Forecast 2017-2027
10. Guardant Health to create a new 500-plus-gene liquid biopsy panel with several leading pharmaceutical companies to accelerate clinical trials and drug development
11. MDNA Selects Phi Life Sciences as its First US Distribution Partner for its New Liquid Biopsy Test for Prostate Cancer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/14/2017)... -- It should come as no surprise to anyone that ... midst of a crippling opioid epidemic. According to the ... overdose deaths from opiate-based medications has quadrupled, Says, Dr. ... from 2001 to 2015". During this time, the prescription rate ... drawing a compelling link between prescription and eventual addiction. The ...
(Date:7/13/2017)... -- RK Logistics Group, Inc. was awarded California ... Fremont, CA headquarters facility where it provides ... San Jose for hi-tech, pharmaceutical and biomedical ... with its Fremont Innovation District, is excited to strategically partner ... to the hundreds of biotech, pharma and biomed companies throughout ...
(Date:7/12/2017)... -- CarpalAID is a revolutionary new product that relieves painful carpal ... tunnel syndrome affects more than 8 million people a year. Women ... The common methods of treating CTS are painful surgery, the use ... gloves. ... CarpalAID is a clear patch worn on the palm of the ...
Breaking Medicine Technology:
(Date:7/25/2017)... ... 25, 2017 , ... USHEALTH Group, Inc. has been announced ... World Awards®. The coveted annual CEO World Awards program encompasses the world’s best ... social responsibility, and milestones from every major industry in the world. Organizations from ...
(Date:7/24/2017)... ... July 24, 2017 , ... ... (407) 916-7235, kklaproth(at)robinsmorton(dot)com , Robins & Morton, Perkins Will, Newcomb & Boyd, ... topping out of the new Destination Medical Building located at Mayo Clinic ...
(Date:7/24/2017)... CA (PRWEB) , ... July 24, 2017 , ... Cosmetic ... spotlight doctors and the cosmetic surgeries they perform on a daily basis. , ... the cosmetic surgery procedures they specialize in at their practices. , When asked ...
(Date:7/24/2017)... ... 24, 2017 , ... A four alarm fire in an ... threatened numerous homes and businesses nearby, causing some 700 individuals to be evacuated, ... Area consulting firm Fire Protection Group, Inc. notes that the report is a ...
(Date:7/24/2017)... (PRWEB) , ... July 24, 2017 , ... Every year, ... invigorating and educational conference, InstructureCon. Each annual event is coupled with a dynamic theme ... with a James Bond theme, Mission: InstructureCon 0017. , To extend their partnership ...
Breaking Medicine News(10 mins):