The article cited AMA's "Global Liquid Biopsy Market Study" explored CAGR of 17.4%. According to the report, Favorable government initiatives, and presence of huge cancer population base
is one of the primary growth factors for the market. Surging incidences of lung cancer, gastrointestinal cancer, and breast cancer
is also expected to contribute significantly to the Liquid Biopsy market growth. Overall, Oncology (Lung Cancer. Breast Cancer, Colorectal Cancer, Prostate Cancer, Liver Cancer and Other Cancer)
applications of Liquid Biopsy, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Clinical Application, such as Early Cancer Screening, is boosting the Liquid Biopsy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Circulating Biomarker Type, such as Circulating Tumor Cells (CTCs), is boosting the Liquid Biopsy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Reference Laboratories, is boosting the Liquid Biopsy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Liquid Biopsy market identified that the demand is rising in many different parts of the world as "The rising incidence of metastatic cancer across the globe". Furthermore, some recent industry insights like "In December 2018, Biocept Inc. a leading commercial provider of liquid biopsy tests designed to provide physicians with clinically actionable information to improve the outcomes of patients diagnosed with cancer, has entered into a Software License and Laboratory Data Supply Agreement with Prognos, Inc. an innovator in predicting disease by applying artificial intelligence (AI) to clinical laboratory diagnostics." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Liquid Biopsy market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Liquid Biopsy market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Liquid Biopsy market size is calculated using market estimation process, the Liquid Biopsy market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Liquid Biopsy market size has been validated using both top-down and bottom-up approaches.