Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Liquid Biopsy Market: By Product Type By Application Type By Sample Type By End User and Geography
Liquid Biopsy Market size was valued at US$ 899.0 million in 2023 and is expected to reach US$ 2989.9 million by 2030, at a CAGR of 22.2% from 2024-2030. The market is gaining traction in recent times owing to its accurate, effective results in comparison with traditional cancer screening methods, which are achieved through minimal invasiveness and expenses. Challenges associated with traditional biopsies such as invasiveness, ill-informed results, post-sampling medical challenges, and costs are prompting healthcare professionals to adopt less invasive liquid biopsy tests for cancer screening and management, which is projected to create significant market demand for liquid biopsy products and services over the forecast period.
Moreover, several clinical research activities related to biomarkers are in the late stage and it is expected that upon successful launch and commercialization of these tests over the forecast period will result in significant market growth. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, This report includes new product introductions; regulatory scenarios, and competition analyses with a vividly illustrated competition dashboard to assess the market competition.
Study Period
2024-2030Base Year
2023CAGR
22.2%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Players in the global liquid biopsy market increasingly attracting the investments in recent times for development and commercialization of late-stage products through IPOs. For instance, RainDance Technologies and Biocept filled IPOs in 2015 and 2014 respectively to develop advanced liquid biopsy technologies to aid physicians to devise suitable treatment strategies. Moreover, growing awareness among key stakeholders regarding liquid biopsy assays expected to drive market demand for these tests over the forecast period across the globe.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 899.0 million |
Market Size in 2030 |
US$ 2989.9 million |
Market CAGR |
22.2% |
By Product Type |
|
By Sample |
|
By Application |
|
By End User |
|
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The global liquid biopsy market size was valued at US$ 899.0 million in 2023 and is projected to grow at a CAGR of 22.2% from 2024 to 2030.
The liquid biopsy market's key players are: Catabasis Pharmaceuticals Inc. NS Pharma, Inc Marathon Pharmaceuticals, LLC ITALFARMACO S.p.A. FibroGen, Inc. Summit Therapeutics plc PTC Therapeutics Santhera Pharmaceuticals Sarepta Therapeutics, Inc.
The liquid biopsy market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive summary |
2. Global Liquid Biopsy Market Introduction |
2.1. Global Liquid Biopsy Market – Taxonomy |
2.2. Global Liquid Biopsy Market –Definitions |
2.2.1. By Product Type |
2.2.2. By Application Type |
2.2.3. By Sample Type |
2.2.4. By End User |
3. Global Liquid Biopsy Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Liquid Biopsy Market Dynamics – Factors Impact Analysis |
3.6. Global Liquid Biopsy Market – Regulations |
3.6.1. The U.S. |
3.6.2. Europe |
3.7. Federal Grants for Liquid Biopsy Startups |
3.8. Venture Capital Investments in Liquid Biopsy Companies |
3.9. Product Innovations |
3.10. Startups working in the Liquid Biopsy |
3.11. Novel Applications of Liquid Biopsy |
4. Global Liquid Biopsy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Liquid Biopsy Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 |
5.1. Consumables |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Instruments |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global Liquid Biopsy Market, By Sample Type, 2019 - 2023 and Forecast, 2024 - 2030 |
6.1. Blood |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Urine |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3. Others |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7. Global Liquid Biopsy Market Forecast, By Application Type, 2019 - 2023 and Forecast, 2024 - 2030 |
7.1. Lung Cancer |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Breast Cancer |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Colorectal Cancer |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Prostate Cancer |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Liver Cancer |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Others |
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
8. Global Liquid Biopsy Market Forecast, By End User Type, 2019 - 2023 and Forecast, 2024 - 2030 |
8.1. Hospitals |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Diagnostic Laboratories |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Academic and Research Centers |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Others |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global Liquid Biopsy Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global Liquid Biopsy Market - Opportunity Analysis Index, By Product Type, By Application Type, Sample Type, End User, and Region, 2024 - 2030 |
10. North America Liquid Biopsy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
10.1. By Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Consumables |
10.1.2. Instruments |
10.2. By Sample Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Blood |
10.2.2. Urine |
10.2.3. Others |
10.3. Application Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Lung Cancer |
10.3.2. Breast Cancer |
10.3.3. Colorectal Cancer |
10.3.4. Prostate Cancer |
10.3.5. Liver Cancer |
10.3.6. Others |
10.4. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Hospitals |
10.4.2. Diagnostic Laboratories |
10.4.3. Academic and Research Centers |
10.4.4. Others |
10.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. U.S. |
10.5.2. Canada |
10.6. North America Liquid Biopsy Market - Opportunity Analysis Index, By Product Type, By Application Type, By Sample Type, End User and Country, 2024 - 2030 |
10.7. North America Liquid Biopsy Market Dynamics – Trends |
11. Europe Liquid Biopsy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
11.1. By Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Consumables |
11.1.2. Instruments |
11.2. By Sample Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Blood |
11.2.2. Urine |
11.2.3. Others |
11.3. Application Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Lung Cancer |
11.3.2. Breast Cancer |
11.3.3. Colorectal Cancer |
11.3.4. Prostate Cancer |
11.3.5. Liver Cancer |
11.3.6. Others |
11.4. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Hospitals |
11.4.2. Diagnostic Laboratories |
11.4.3. Academic and Research Centers |
11.4.4. Others |
11.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Poland |
11.5.8. Holland |
11.5.9. Rest of Europe |
11.6. Europe Liquid Biopsy Market - Opportunity Analysis Index, Opportunity Analysis Index, By Product Type, By Application Type, By Sample Type, End User and Country, 2024 - 2030 |
11.7. Europe Liquid Biopsy Market Dynamics – Trends |
12. Asia-Pacific Liquid Biopsy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
12.1. By Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Consumables |
12.1.2. Instruments |
12.2. By Sample Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Blood |
12.2.2. Urine |
12.2.3. Others |
12.3. Application Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Lung Cancer |
12.3.2. Breast Cancer |
12.3.3. Colorectal Cancer |
12.3.4. Prostate Cancer |
12.3.5. Liver Cancer |
12.3.6. Others |
12.4. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Hospitals |
12.4.2. Diagnostic Laboratories |
12.4.3. Academic and Research Centers |
12.4.4. Others |
12.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. Japan |
12.5.2. China |
12.5.3. India |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific Liquid Biopsy Market - Opportunity Analysis Index, By Product Type, By Application Type, By Sample Type, End User and Country, 2024 - 2030 |
12.7. Asia-Pacific Liquid Biopsy Market Dynamics – Trends |
13. Latin America Liquid Biopsy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
13.1. By Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Consumables |
13.1.2. Instruments |
13.2. By Sample Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Blood |
13.2.2. Urine |
13.2.3. Others |
13.3. Application Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Lung Cancer |
13.3.2. Breast Cancer |
13.3.3. Colorectal Cancer |
13.3.4. Prostate Cancer |
13.3.5. Liver Cancer |
13.3.6. Others |
13.4. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Hospitals |
13.4.2. Diagnostic Laboratories |
13.4.3. Academic and Research Centers |
13.4.4. Others |
13.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Argentina |
13.5.4. Venezuela |
13.5.5. Rest of Latin America |
13.6. Latin America Liquid Biopsy Market - Opportunity Analysis Index, By Product Type, By Application Type, By Sample Type, End User and Country, 2024 - 2030 |
13.7. Latin America Liquid Biopsy Market Dynamics – Trends |
14. Middle East and Africa Liquid Biopsy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
14.1. By Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.1.1. Consumables |
14.1.2. Instruments |
14.2. By Sample Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.2.1. Blood |
14.2.2. Urine |
14.2.3. Others |
14.3. Application Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Lung Cancer |
14.3.2. Breast Cancer |
14.3.3. Colorectal Cancer |
14.3.4. Prostate Cancer |
14.3.5. Liver Cancer |
14.3.6. Others |
14.4. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Hospitals |
14.4.2. Diagnostic Laboratories |
14.4.3. Academic and Research Centers |
14.4.4. Others |
14.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf Cooperation Council (GCC) Countries |
14.5.2. Israel |
14.5.3. South Africa |
14.5.4. Rest of MEA |
14.6. MEA Liquid Biopsy Market - Opportunity Analysis Index, By Product Type, By Application Type, By Sample Type, End User and Country, 2024 - 2030 |
14.7. MEA Liquid Biopsy Market Dynamics – Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. Catabasis Pharmaceuticals Inc. |
15.2.2. NS Pharma, Inc |
15.2.3. Marathon Pharmaceuticals, LLC |
15.2.4. ITALFARMACO S.p.A. |
15.2.5. FibroGen, Inc. |
15.2.6. Summit Therapeutics plc |
15.2.7. PTC Therapeutics |
15.2.8. Santhera Pharmaceuticals |
15.2.9. Sarepta Therapeutics, Inc. |
16. Research Methodology |
17. Key Assumptions and Acronyms |
Key Market Players