Lung Cancer Liquid Biopsy Market
Lung Cancer Liquid Biopsy Market Size, Share & Trends Analysis Report by Biomarker (Circulating Nucleic Acids, CTC, Exosomes/Microvesicles, Circulating Proteins), by Application (Therapy Selection, Treatment Monitoring, Early Cancer Screening, Recurrence Monitoring), by End-User(Hospitals and Laboratories, Specialty Clinics, Academic and Research Centers), by Product (Instruments, Consumables Kits and Reagents, Software and Services) Forecast Period (2024-2031)
Lung cancer liquid biopsy market is anticipated to grow at a significant CAGR of 13.4% during the forecast period (2024-2031). Lung cancer liquid biopsy is a diagnostic technique for lung cancer detection and monitoring, using biomarkers in bodily fluids. It's minimally invasive, real-time, and provides comprehensive tumor profiling. It aids in early detection, treatment response, disease progression assessment, and therapy resistance identification. This advancement in oncology improves patient outcomes.
Market Dynamics
Rapid Advancements in Technology
Ongoing advancements in technology, such as next-generation sequencing (NGS) and digital PCR, are enhancing the sensitivity, specificity, and accuracy of liquid biopsy assays, driving adoption in clinical practice.For instance, in December 2022, Agilent Technologies Inc. received FDA approval for Agilent Resolution ctDx FIRST as a companion diagnostic used to identify advanced non-small lung cancer in patients.
Drug Development and Clinical Trials
Globally, Liquid biopsy is playing a crucial role in drug development and clinical trials by enabling the identification of biomarkers for patient selection, monitoring treatment response, and assessing drug resistance, thereby accelerating the development of targeted therapies and immunotherapies for lung cancer. The increasing funding for drug development in universities and research organizations is making significant contribution to the growth of the global market.
Market Segmentation
Our in-depth analysis of the global lung cancer liquid biopsy market includes the following segments by type, product, and technology,
- Based on biomarker, the market is segmented into circulating nucleic acids, CTC, exosomes/microvesicles, circulating proteins
- Based on application, the market is segmented into therapy selection, treatment monitoring, early cancer screening, recurrence monitoring
- Based on end-user, the market is segmented into hospitals and laboratories, specialty clinics, academic and research centers
- Based on product, the market is segmented into instruments, consumables kits and reagents, software and services
Therapy Selectionis Projected to Emerge as the Largest Segment
The primary factors supporting the segment's growth due to the growing trend towards personalized medicine, targeted therapy adoption, complementary to tissue biopsy, non-invasive and real-time monitoring, clinical evidence, and rapid technological advancements. Liquid biopsy allows for the identification of specific biomarkers and genetic mutations associated with each patient's tumor, enabling clinicians to tailor treatment plans based on their unique molecular profile. It also enhances the accuracy of therapy selection, particularly in cases where tissue biopsy results are inconclusive or unavailable. The increasing body of clinical evidence supporting liquid biopsy for therapy selection in lung cancer and rapid technological advancements like next-generation sequencing and digital PCR further contribute to its growth.
Regional Outlook
The global lung cancer liquid biopsy market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Global Lung Cancer Liquid Biopsy Market Growth by Region 2024-2031
North America Holds Major Market Share
Among all the regions, North America holds a significant share owing to the presence of advanced healthcare infrastructure, strong research and development ecosystem, regulatory framework, early clinical adoption, large patient population, high disease burden, access to capital, and global leadership in biotechnology and healthcare innovation. The US and Canada have well-established regulatory frameworks for medical devices and diagnostic tests, ensuring the safety, efficacy, and quality of liquid biopsy assays. The region's culture of early adoption of medical technologies, high healthcare spending, patient demand for advanced diagnostics, and supportive reimbursement environments drive clinicians to incorporate liquid biopsy into standard cancer care protocols.
Market Players Outlook
The major companies serving the global Lung Cancer Liquid Biopsy market include Eurofins Scientific, MDxHealth, CareDx, Immucor, Thermo Fisher Scientific Inc., Menarini Silicon Biosystems, Qiagen, Guardant Health, Exact Sciences Corporation, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For Instance, In July 2023, Menarini Silicon Biosystems launched its new CellSearch CTC test with the biomarker- DLL3 for the treatment of small-cell lung cancer. This launch helped the organization to expand its development of liquid biopsy assays.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global lung cancer liquid biopsy market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. CareDx, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Eurofins Scientific SE
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Qiagen NV
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Lung Cancer Liquid Biopsy Treatment Market by Biomarker
4.1.1. Circulating Nucleic Acids
4.1.2. CTC
4.1.3. Exosomes/Microvesicles
4.1.4. Circulating Proteins
4.2. Global Lung Cancer Liquid Biopsy Treatment Market by Application
4.2.1. Therapy Selection
4.2.2. Treatment Monitoring
4.2.3. Early Cancer Screening
4.2.4. Recurrence Monitoring
4.3. Global Lung Cancer Liquid Biopsy Treatment Market by End-User
4.3.1. Hospitals and Laboratories
4.3.2. Specialty Clinics
4.3.3. Academic and Research Centers
4.4. Global Lung Cancer Liquid Biopsy Treatment Market by Product
4.4.1. Instruments
4.4.2. Consumables Kits and Reagents
4.4.3. Software and Services
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. Agilent Technologies, Inc.
6.2. Bio-Rad Laboratories, Inc.
6.3. Exact Sciences Corp.
6.4. Guardant Health
6.5. Immucor
6.6. LungLife AI, Inc.
6.7. MDxHealth
6.8. Menarini Silicon Biosystems
6.9. Myriad Genetics, Inc.
6.10. Thermo Fisher Scientific Inc.
1. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY BIOMARKER, 2023-2031 ($ MILLION)
2. GLOBAL CIRCULATING NUCLEIC ACIDS LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL CTC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL EXOSOMES/MICROVESICLES LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL CIRCULATING PROTEIN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION 2023-2031 ($ MILLION)
7. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT THERAPY SESSION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENTFOR TREATMENT MONITORING MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENTFOR EARLY CANCER SCREENING MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT FOR RECURRENCE MONIT ORINGMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BYEND-USER2023-2031 ($ MILLION)
13. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT FORHOSPITALS AND LABORATORIES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT FORSPECIALITY CLINICSMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT FORACADEMICS AND RESEARCH CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BYPRODUCT 2023-2031 ($ MILLION)
17. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT FORINSTRUMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
18. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT FORConsumables Kits and ReagentsMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
19. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT FORSOFTWARE AND SERVICESMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
20. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT 2023-2031 ($ MILLION)
21. NORTH AMERICAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
22. NORTH AMERICAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY BIOMARKER, 2023-2031 ($ MILLION)
23. NORTH AMERICAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
24. NORTH AMERICAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2023-2031 ($ MILLION)
25. NORTH AMERICAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
26. EUROPEAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
27. EUROPEAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY BIOMARKER, 2023-2031 ($ MILLION
28. EUROPEAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
29. EUROPEAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2023-2031`1 ($ MILLION)
30. EUROPEAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
31. ASIA-PACIFIC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
32. ASIA-PACIFIC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY BIOMARKER, 2023-2031 ($ MILLION)
33. ASIA-PACIFIC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
34. ASIA-PACIFIC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2023-2031 ($ MILLION)
35. ASIA-PACIFIC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
36. REST OF THE WORLD LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
37. REST OF THE WORLD LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY BIOMARKER, 2023-2031 ($ MILLION)
38. REST OF THE WORLD LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
39. REST OF THE WORLD LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2023-2031 ($ MILLION)
40. REST OF THE WORLD LUNG CANCER LIQUID BIOPSY TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
1. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY BIOMARKER, 2023 VS 2031 (%)
2. GLOBAL CIRCULATING NUCLEIC ACIDS LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL CTC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL EXOSOMES/MICROVESICLES LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL CIRCULATING PROTEIN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)
7. GLOBAL THERAPY SESSION LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL TREATMENT MONITORING LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)-
9. GLOBAL EARLY CANCER SCREENING LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL RECURRENCE MONITORING APPLIED MEMBRANES TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY END-USER, 2023 VS 2031 (%)
12. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT IN HOSPITALS AND LABORATORIES MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT IN SPECIALITY CLINICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT IN ACADEMICS AND RESEARCH CENTERS MARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY PRODUCT, 2023 VS 2031 (%)
16. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT INSTRUMENTS MARKET SHARE BY REGION, 2023 VS 2031 (%)
17. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT CONSUMABLES KITS AND REAGENTS MARKET SHARE BY REGION, 2023 VS 2031 (%)
18. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT SOFTWARE AND SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
19. GLOBAL LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
20. US LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
21. CANADA LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
22. UK LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
23. FRANCE LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
24. GERMANY LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
25. ITALY LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
26. SPAIN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
27. REST OF EUROPE LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
28. INDIA LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
29. CHINA LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
30. JAPAN LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
31. SOUTH KOREA LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
32. REST OF ASIA-PACIFIC LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
33. LATIN AMERICA LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
34. MIDDLE EAST AND AFRICA LUNG CANCER LIQUID BIOPSY TREATMENT MARKET SIZE, 2023-2031 ($ MILLION)
