Product Code: GVR-4-68040-267-0
Lung Cancer Liquid Biopsy Market Growth & Trends:
The global lung cancer liquid biopsy market size is anticipated to reach USD 2.35 billion by 2030, growing at a CAGR of 13.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Liquid biopsies offer a non-invasive alternative to traditional tissue biopsies, enabling earlier detection of lung cancer. The diagnostics industry is moving towards precision medicine, which requires accurate and comprehensive diagnostic tools. Liquid biopsies offer a promising solution for providing information for personalized treatment plans.
Factors such as late detection and high mortality rates result in a decline in the overall survival rate. Lifestyle habits such as cigarette smoking and tobacco exposure are some of the significant risk factors, contributing to approximately 80% of the total lung cancer cases worldwide. According to the World Health Organization (WHO), in 2020, 22.3% of the world's population consumed tobacco, which constitutes 36.7% of men and 7.8% of the total women. It also states that tobacco causes the deaths of more than 8 million people each year, including an estimated 1.3 million passive smokers.
Companies are launching newer technologies and products to screen lung cancers. For instance, Delfi Diagnostics launched its blood test to screen for lung cancer in October 2023. This increasing number of launches involving newer launches is anticipated to propel the market.
Lung Cancer Liquid Biopsy Market Report Highlights:
- Based on sample type, the blood sample-based segment dominated the market in 2023. This can be attributed to the non-invasive nature, repeatability, real-time monitoring capabilities, early detection, and cost-effectiveness of this sample type.
- Based on biomarker, the circulating nucleic acids segment led the market in 2023 as it can be detected at very low concentrations in blood samples, even when cancer is at an early stage.
- Based on technology, the multi-gene-parallel analysis (NGS) segment dominated the market in 2023.
- North America dominated the market for lung cancer liquid biopsy in 2023, owing to factors such as the increasing prevalence of lung cancer, changes in lifestyles, advancements in healthcare, and availability of reimbursement policies.
- For instance, according to the American Cancer Society Journals, in 2022, approximately 1,918,030 new cancer cases were observed in the U.S., which included approximately 350 deaths each day from lung cancer, the leading cause of cancer death.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Sample Type
- 1.2.2. Biomarker
- 1.2.3. Technology
- 1.2.4. End-use
- 1.2.5. Clinical Application
- 1.2.6. Product
- 1.2.7. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased database
- 1.4.2. GVR's internal database
- 1.4.3. Secondary sources
- 1.4.4. Primary research
- 1.5. Information or Data Analysis
- 1.5.1. Data analysis models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.7.1. Commodity flow analysis (Model 1)
- 1.7.2. Volume price analysis (Model 2)
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Sample Type Outlook
- 2.2.2. Biomarker Outlook
- 2.2.3. Technology Outlook
- 2.2.4. End-use Outlook
- 2.2.5. Clinical Application Outlook
- 2.2.6. Product Outlook
- 2.3. Competitive Insights
Chapter 3. Lung Cancer Liquid Biopsy Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.2. Market restraint analysis
- 3.3. Lung Cancer Liquid Biopsy Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Technological landscape
- 3.3.2.3. Economic landscape
Chapter 4. Lung Cancer Liquid Biopsy Market: Sample Type Estimates & Trend Analysis
- 4.1. Sample Type Market Share, 2023 & 2030
- 4.2. Segment Dashboard
- 4.3. Lung Cancer Liquid Biopsy Market by Sample Type Outlook
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.4.1. Blood Sample Based
- 4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2. Others
- 4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Lung Cancer Liquid Biopsy Market: Biomarker Estimates & Trend Analysis
- 5.1. Biomarker Market Share, 2023 & 2030
- 5.2. Segment Dashboard
- 5.3. Lung Cancer Liquid Biopsy Market by Biomarker Outlook
- 5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.4.1. Circulating Nucleic Acids
- 5.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.2. CTC
- 5.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.3. Exosomes/Microvesicles
- 5.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.4. Circulating Proteins
- 5.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 6. Lung Cancer Liquid Biopsy Market: Technology Estimates & Trend Analysis
- 6.1. Technology Market Share, 2023 & 2030
- 6.2. Segment Dashboard
- 6.3. Lung Cancer Liquid Biopsy Market by Technology Outlook
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.4.1. Multi-gene-parallel Analysis (NGS)
- 6.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.2. Single Gene Analysis (PCR Microarrays)
- 6.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 7. Lung Cancer Liquid Biopsy Market: End-use Estimates & Trend Analysis
- 7.1. End-use Market Share, 2023 & 2030
- 7.2. Segment Dashboard
- 7.3. Lung Cancer Liquid Biopsy Market by End-use Outlook
- 7.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 7.4.1. Hospitals and Laboratories
- 7.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 7.4.2. Specialty Clinics
- 7.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 7.4.3. Academic and Research Centers
- 7.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 7.4.4. Others
- 7.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 8. Lung Cancer Liquid Biopsy Market: Clinical Application Estimates & Trend Analysis
- 8.1. Clinical Application Market Share, 2023 & 2030
- 8.2. Segment Dashboard
- 8.3. Lung Cancer Liquid Biopsy Market by Clinical Application Outlook
- 8.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 8.4.1. Therapy Selection
- 8.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.2. Treatment Monitoring
- 8.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.3. Early Cancer Screening
- 8.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.4. Recurrence Monitoring
- 8.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.5. Others
- 8.4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 9. Lung Cancer Liquid Biopsy Market: Product Estimates & Trend Analysis
- 9.1. Product Market Share, 2023 & 2030
- 9.2. Segment Dashboard
- 9.3. Lung Cancer Liquid Biopsy Market by Product Outlook
- 9.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 9.4.1. Instruments
- 9.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 9.4.2. Consumables Kits and Reagents
- 9.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 9.4.3. Software and Services
- 9.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 10. Lung Cancer Liquid Biopsy Market: Region Estimates & Trend Analysis
- 10.1. Regional Market Share, 2023 & 2030
- 10.2. Lung Cancer Liquid Biopsy Market by Region Outlook
- 10.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the Following
- 10.3.1. North America
- 10.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.1.2. U.S.
- 10.3.1.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.1.3. Canada
- 10.3.1.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2. Europe
- 10.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.2. UK
- 10.3.2.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.3. Germany
- 10.3.2.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.4. France
- 10.3.2.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.5. Italy
- 10.3.2.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.6. Spain
- 10.3.2.6.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.7. Denmark
- 10.3.2.7.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.8. Sweden
- 10.3.2.8.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.2.9. Norway
- 10.3.2.9.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.3. Asia Pacific
- 10.3.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.3.2. Japan
- 10.3.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.3.3. China
- 10.3.3.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.3.4. India
- 10.3.3.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.3.5. Thailand
- 10.3.3.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.3.6. South Korea
- 10.3.3.6.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.3.7. Australia
- 10.3.3.7.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.4. Latin America
- 10.3.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.4.2. Brazil
- 10.3.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.4.3. Mexico
- 10.3.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.4.4. Argentina
- 10.3.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.5. Middle East and Africa
- 10.3.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.5.2. South Africa
- 10.3.5.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.5.3. Saudi Arabia
- 10.3.5.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.5.4. UAE
- 10.3.5.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 10.3.5.5. Kuwait
- 10.3.5.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 11. Competitive Landscape
- 11.1. Recent Developments & Impact Analysis, By Key Market Participants
- 11.2. Company/Competition Categorization
- 11.3. Vendor Landscape
- 11.3.1. List of key distributors and channel partners
- 11.3.2. Key customers
- 11.3.3. Key company heat map analysis, 2023
- 11.4. Company Profiles
- 11.4.1. Agilent Technologies Inc.
- 11.4.1.1. Company overview
- 11.4.1.2. Financial performance
- 11.4.1.3. Product benchmarking
- 11.4.1.4. Strategic initiatives
- 11.4.2. Bio-Rad Laboratories, Inc.
- 11.4.2.1. Company overview
- 11.4.2.2. Financial performance
- 11.4.2.3. Product benchmarking
- 11.4.2.4. Strategic initiatives
- 11.4.3. CARDIFF ONCOLOGY, INC.
- 11.4.3.1. Company overview
- 11.4.3.2. Financial performance
- 11.4.3.3. Product benchmarking
- 11.4.3.4. Strategic initiatives
- 11.4.4. CareDx
- 11.4.4.1. Company overview
- 11.4.4.2. Financial performance
- 11.4.4.3. Product benchmarking
- 11.4.4.4. Strategic initiatives
- 11.4.5. Eurofins Scientific
- 11.4.5.1. Company overview
- 11.4.5.2. Financial performance
- 11.4.5.3. Product benchmarking
- 11.4.5.4. Strategic initiatives
- 11.4.6. Exact Sciences Corporation
- 11.4.6.1. Company overview
- 11.4.6.2. Financial performance
- 11.4.6.3. Product benchmarking
- 11.4.6.4. Strategic initiatives
- 11.4.7. F. Hoffmann-La Roche Ltd
- 11.4.7.1. Company overview
- 11.4.7.2. Financial performance
- 11.4.7.3. Product benchmarking
- 11.4.7.4. Strategic initiatives
- 11.4.8. Guardant Health
- 11.4.8.1. Company overview
- 11.4.8.2. Financial performance
- 11.4.8.3. Product benchmarking
- 11.4.8.4. Strategic initiatives
- 11.4.9. Illumina, Inc.
- 11.4.9.1. Company overview
- 11.4.9.2. Financial performance
- 11.4.9.3. Product benchmarking
- 11.4.9.4. Strategic initiatives
- 11.4.10. LungLife AI, Inc.
- 11.4.10.1. Company overview
- 11.4.10.2. Financial performance
- 11.4.10.3. Product benchmarking
- 11.4.10.4. Strategic initiatives
- 11.4.11. Myriad Genetics, Inc.
- 11.4.11.1. Company overview
- 11.4.11.2. Financial performance
- 11.4.11.3. Product benchmarking
- 11.4.11.4. Strategic initiatives
- 11.4.12. Natera, Inc.
- 11.4.12.1. Company overview
- 11.4.12.2. Financial performance
- 11.4.12.3. Product benchmarking
- 11.4.12.4. Strategic initiatives
- 11.4.13. QIAGEN
- 11.4.13.1. Company overview
- 11.4.13.2. Financial performance
- 11.4.13.3. Product benchmarking
- 11.4.13.4. Strategic initiatives
- 11.4.14. Thermo Fisher Scientific Inc.
- 11.4.14.1. Company overview
- 11.4.14.2. Financial performance
- 11.4.14.3. Product benchmarking
- 11.4.14.4. Strategic initiatives