The latest market report published by Credence Research, Inc. “Global Breast Cancer Liquid Biopsy Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global breast cancer liquid biopsy market has witnessed steady growth in recent years and is expected to grow at a CAGR of 22.7% between 2023 and 2030. The market was valued at USD 0.3 billion in 2022 and is expected to reach USD 1.25 billion in 2030.
Breast cancer liquid biopsy, an innovative and transformative approach to early detection and treatment of breast cancer. In this article, we delve into the groundbreaking technology of liquid biopsies, its advantages over traditional tissue biopsies, and its potential impact on breast cancer diagnosis and management.
Understanding Liquid Biopsy
Liquid biopsy is a non-invasive diagnostic procedure that involves the analysis of various biomarkers and genetic material present in a patient's blood or other bodily fluids. Unlike traditional tissue biopsies, which require invasive procedures, liquid biopsies offer a more convenient and less discomforting alternative. The analysis of circulating tumor cells (CTCs), cell-free DNA (cfDNA), exosomes, and other biomolecules allows medical professionals to detect and monitor cancer with higher precision and sensitivity.
Breast Cancer Liquid Biopsy Market Drivers are key factors that propel the growth and development of this revolutionary diagnostic technique. The advent of liquid biopsy has revolutionized cancer detection by offering a minimally invasive alternative to traditional tissue biopsies. This non-invasive procedure involves analyzing a patient's blood sample for circulating tumor cells (CTCs), cell-free DNA (cfDNA), or exosomes released by cancer cells, providing valuable information about potential mutations or genetic alterations associated with breast cancer. The market drivers behind breast cancer liquid biopsy include its ability to detect early-stage tumors with higher sensitivity than other methods, enabling personalized treatment plans tailored to an individual's unique genomic profile.
The Advantages of Liquid Biopsy over Tissue Biopsy
Early Detection: Liquid biopsies can detect cancer at an early stage, even before symptoms manifest. This early detection is crucial in improving survival rates and treatment outcomes.
Real-Time Monitoring: Liquid biopsies enable real-time monitoring of cancer progression and treatment response, allowing for personalized and timely interventions.
Less Invasive: Traditional tissue biopsies involve surgical procedures that may cause discomfort and complications. Liquid biopsies, being minimally invasive, reduce patient stress and minimize risks.
Comprehensive Profiling: Liquid biopsies provide a comprehensive profile of the tumor's genetic characteristics, aiding in the selection of targeted therapies.
Browse 180 pages report Breast Cancer Liquid Biopsy Market By Circulating Biomarker (Circulating Tumor Cells (CTCs), Cell-free DNA (cfDNA), Extracellular Vesicles (EVs), Others) By End User (Reference Laboratories, Hospitals & Physician Laboratories, Others)- Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/breast-cancer-liquid-biopsy-market
The Role of Liquid Biopsy in Breast Cancer
Breast cancer is one of the leading causes of cancer-related deaths among women worldwide. The advent of liquid biopsy has presented new opportunities for improving breast cancer diagnostics and treatment strategies. By capturing and analyzing CTCs and cfDNA shed by tumors, liquid biopsies offer valuable insights into tumor heterogeneity and treatment resistance.
Early-Stage Detection
Early detection of breast cancer significantly increases the likelihood of successful treatment. Liquid biopsies can identify genetic mutations and aberrations associated with breast cancer even in its early stages, enabling timely and appropriate interventions.
Monitoring Treatment Response
As cancer treatments progress, tumor cells may develop resistance to therapies. Liquid biopsies allow for continuous monitoring of treatment response, helping physicians make data-driven decisions about altering treatment plans if necessary.
Recurrence Surveillance
After successful treatment, the risk of cancer recurrence remains a concern. Liquid biopsies offer a means of monitoring for minimal residual disease, enabling early detection of recurrence and timely intervention.
Guiding Targeted Therapies
The ability to analyze a tumor's genetic profile through liquid biopsy empowers oncologists to select targeted therapies tailored to the individual patient's cancer, potentially improving treatment efficacy and reducing side effects.
Why to Buy This Report-
· The report provides a qualitative as well as quantitative analysis of the global Breast Cancer Liquid Biopsy Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
· The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
· Major nations in each region with their import/export statistics
· The global Breast Cancer Liquid Biopsy Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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According to the new market research report Breast Cancer Liquid Biopsy Market is expected to reach USD 411.1 million by 2022 from USD 145.4 million in 2017, at a CAGR of 23.1%.
The breast cancer liquid biopsy market is a consolidated market with a large number of companies offering breast cancer liquid biopsy instruments and accessories.
In 2016, QIAGEN N.V. (Netherlands), Roche Diagnostics (US), and Illumina, Inc. (US) dominated the breast cancer liquid biopsy market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150106081QIAGEN was the leading player in the breast cancer liquid biopsy market in 2017.
The company is a global provider of sample-to-insight solutions that aids in the transformation of biological samples into molecular insights.
The company operates through its two business segments, namely, instruments and consumables & related products.QIAGEN provides solutions to more than 500,000 customers globally, in molecular diagnostics (human healthcare), applied testing (forensics, veterinary testing, and food safety), pharma (pharma and biotech companies), and academia (life sciences research).
The company operates in the breast cancer liquid biopsy market through its molecular diagnostics and life science tools customer base segment.Roche Diagnostics ranked second in the breast cancer liquid biopsy market in 2017.
