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Global Breast Cancer Liquid Biopsy Market Outlook to 2029

Healthcare | Q1 2024 | Report ID: MSR02623
Global Breast Cancer Liquid Biopsy Market Outlook to 2029

Report Description

A liquid biopsy is a medical test that requires the analysis of various biomolecules, such as RNA, proteins, DNA, and other substances in a patient's blood or other bodily fluids, to detect and monitor multiple medical conditions, including cancer. According to Marketstack, the Global Breast Cancer Liquid Biopsy Market is expected to grow considerably during the forecasted period. Factors such as the detection of breast cancer at an early stage, these programs can significantly improve survival rates and patient outcomes, which is expected to drive the Breast Cancer Liquid Biopsy Market in the forecasted period. Further, surging focuses on improving the condition of healthcare facilities and overall healthcare infrastructure, which is expected to drive the Breast Cancer Liquid Biopsy Market in the forecasted period. Furthermore, liquid biopsy provides a less burdensome and more patient-friendly approach to detecting and monitoring breast cancer. It is expected to drive the Breast Cancer Liquid Biopsy Market in the forecasted period. However, the shortage of skilled pathologists, technicians, and molecular biologists can hinder the widespread adoption and efficient implementation of breast cancer liquid biopsy, leading to delays in diagnosis and treatment. This is expected to restrain market growth.

Detecting breast cancer at the early stages is one of the key breast cancer liquid biopsy market trends that is predicted to impact the industry positively in the forecast period. Funding and grants offered by various government and private organizations are driving the development of new innovative products for breast cancer screening. Cancer is the second prime cause of death across the globe, as per the World Health Organization. Several benefits of the new liquid biopsy technique include rapid results, low cost, early prognosis, overcoming tumour heterogeneity, low risk, and non-invasiveness. All these advantages of liquid biopsy test over conventional diagnosis drive the adoption of liquid biopsy tests among patients across the globe and are expected to drive the demand significantly during the forecasted period. The capability of breast cancer liquid biopsy to diagnose early breast cancer in asymptomatic patients at an early stage is a significant factor driving revenue growth of this fragment. Breast cancer screening has both negative and positive effects, like costs, false-positive results, and a reduction in the death rate. To reduce the adverse effects and facilitate the positive impact of screening, novel screening methods like breast cancer liquid biopsy are proposed in modern-day oncology. These molecules or cells can be found with this less in a variety of physiological fluids, such as urine, blood, cerebrospinal fluid, or saliva; increased demand for diagnosing an array of advanced cancer variants in oncological biotechnology is ascribed to the increased adoption rate of breast cancer liquid biopsy. A blood test, also called a "liquid biopsy", can find tumor cell and cancer cell DNA, two indicators of malignant tumours. Certain advanced malignancies can be found using US FDA-approved testing, which can predict prognosis and help medical professionals choose the best course of action.

The North American region is expected to hold a significant market share in breast cancer liquid biopsy. This is primarily due to the surging incidences of breast cancer and the increasing demand for non-invasive treatment in this region. The healthcare industry's growth and expansion are fueled by public and private players, mainly in developing economies, which will create lucrative global breast cancer liquid biopsy market growth opportunities. Also, the high return on investments assured by the research activities will work in the global liquid biopsy market. Initiatives by the government to spread awareness, generally in developing economies, the increase in the personal disposable income level, the introduction of technologically propelled products in hospitals, rising investment for the development of advanced medical products and devices and surge in demand for non-invasive surgical procedures, positively enhanced the market CAGR of liquid biopsy across the globe. Circulating cell-free DNA in plasma offers a non-invasive approach to monitor tumour molecular profiling in real-time at multiple time points, detect emerging genomic alterations connected with drug resistance, and clarify colorectal cancer prognosis and detection of cancer recurrence or progression. Increasing research and development activities to recognize novel biomarkers for mammary neoplasia drives revenue growth of this fragment. CTCs break out from secondary or primary cancers and enter the bloodstream. They can be used as a non-invasive liquid biopsy procedure. CTCs are prognostic and predictive biomarkers in various malignancies, including tung, breast, colorectal, and prostate. Different technologies are currently available for capturing, counting, and expanding CTCs, and these techniques are being developed to help predict and treat lung cancer patients. CTCs can be utilized as drug targets to guide therapeutic cancer management and have clinical usages in cancer prognosis prediction, monitoring, therapy regimen selection, and drug target applications. Moreover, vendors of breast cancer liquid biopsy are also focusing on raising funds to improve the quality of the products used for breast cancer screening, which will further support the growth of the breast biopsy market.

The market key players are QiagenF. Hoffmann-La Roche LtdBio-Rad Laboratories Inc ., Janssen Diagnostics, and Biocept Inc.

In March 2023, REVEAL GENOMICS, S.L ., a Barcelona-based biotechnology start-up seeking to revolutionize accuracy oncology through biomarker innovation, declared a new addition to its pipeline comprising novel biomarker proceeds towards liquid biopsy for patients with advanced cancer. REVEAL GENOMICS Machine learning-based technology registered to ctDNA was able to expect drug response and survival results in patients with metastatic breast cancer treated with endocrine therapy and CDK4/6 inhibitors.

Global Breast Cancer Liquid Biopsy Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Breast Cancer Liquid Biopsy Market by segmenting based on Product (Consumables and Kits), Circulating Biomarkers (Extracellular Vesicles (E.V.s), Cell-free DNA (cfDNA), tRNA, Circulating Tumor Cells (CTCs), cfRNA, and Others), End Users (Laboratories, Hospitals, Physician Laboratories, Reference Laboratories, Public Health Laboratories, Research Institutes, Small Molecular Laboratories, and Pathology Laboratories), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Breast Cancer Liquid Biopsy Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Breast Cancer Liquid Biopsy Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Breast Cancer Liquid Biopsy Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

North America Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United States Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Canada Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Mexico Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Europe Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United Kingdom Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Germany Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Other Supporting Charts

Italy Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

France Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Spain Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Europe Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South America Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Brazil Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Argentina Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of South America Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Asia-Pacific Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

China Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

India Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Japan Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Korea Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Asia-Pacific Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Middle East & Africa Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Saudi Arabia Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Africa Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Middle-East & Africa Breast Cancer Liquid Biopsy Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

  Who need this report?

  • Manufacturers & Suppliers
  • Healthcare Service Providers
  • Pharmaceutical Companies
  • Insurance Companies
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Breast Cancer Liquid Biopsy Market Outlook to 2029.pdf
Market Data - Global Breast Cancer Liquid Biopsy Market Outlook to 2029.xls

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