The liquid biopsy market may gain promising growth across the assessment period of 2019-2029 on the back of the expanding cancer cases across the world. It is a method of blood testing that helps in detecting tumors through blood samples. For the successful elimination of cancer at an early stage, detection is a necessary aspect. Thus, the liquid biopsy market may gain good growth on this factor.
Liquid biopsy can be used for the detection of lung cancer, liver cancer, breast cancer, colorectal cancer, and others.
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Advantages of Liquid Biopsy over Solid Tumor Biopsy to Bring Extensive Growth
The overwhelming advantages of liquid biopsy over other methods such as solid tumor biopsy may serve as a prominent growth generator for the liquid biopsy market. Benefits like the characterization of new lesions, early diagnosis and detection, and others may bring phenomenal growth prospects for the liquid biopsy market.
Hefty Investment in Research and Development Activities to Add Extra Stars of Growth
Intense research and development activities are conducted by the players in the liquid biopsy market. The players invest heavily in these activities to explore novel insights. This aspect plays a great role in inviting promising growth for the liquid biopsy market.
Pain-Free Testing Advantage to Further Boost Growth
Liquid biopsy can be collected easily without any pain, unlike tissue sample extraction. Hence, this aspect serves as a great growth generator for the liquid biopsy market. It is a safe and effective method for whom a tissue biopsy is not possible due to risks such as lung cancer in which tumors are close to the heart.
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Some well-entrenched players in the liquid biopsy market are Admera Health, Guardant Health, Inc., Exosome Diagnostics, SAGA Diagnostics AB, Agena Bioscience Inc., and Inivata Ltd, Roche Diagnostics, MDxHealth SA, Thermo Fisher Scientific Inc., and Qiagen N.V.