Product Code: PM2988
The global minimal residual disease market size is expected to reach USD 7,131.61 million by 2032, according to a new study by Polaris Market Research. The report "Minimal Residual Disease Market Share, Size, Trends, Industry Analysis Report, By Detection Target (Lymphoma, Leukemia, Solid Tumors, Others); By Test Technique; By End-Use; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increased prevalence of hematological malignancy and cancer, as well as rising healthcare spending, are expected to drive growth in the minimal residual disease sector throughout the forecast period. Additionally, rising consumer awareness of customized therapy and expanding investments in MRD research by public and private entities are both assisting in the market's expansion. Growth in the market is being slowed down by the heavy price of R&D activities.
The appropriate clinical evidence is used to successfully manage cancer therapies to prevent a residue of tumorous cells, and they are also tailored based on unique progression profiles in each individual. The necessity to consider a patient's unique genetic traits in order to provide effective therapy is being driven by several research studies. For example, in October 2022, Adaptive Biotechnologies, a commercial-stage biotechnology firm aiming to transform the genetics of the adaptive immune system into therapeutic solutions to detect and cure disease, announced a partnership with Epic to substantiate clonoSEQ Assay into Epic's full EMR system.
Additionally, the rising number of cancer patients and the rise in R&D spending are the two main factors driving the market. In addition, the industry is expanding due to the growing use of next-generation sequencing technologies. Additionally, the technological developments in diagnostics and therapies brought about by rising R&D expenditures are what's fueling the market's expansion.
Globally, the COVID-19 pandemic had an impact on healthcare systems and caused many healthcare facilities to stop providing routine care, putting at-risk cancer patients at serious risk. Although since the outbreak of the COVID-19 pandemic, steps have been taken to increase the number of covid patients admitted and decrease the number of non-covid patients admitted, resulting in treatment delays.
Minimal Residual Disease Market Report Highlights
- In 2022, leukemia will dominate the market. The primary growth of the market is due to the fact that one person is diagnosed with leukemia every three minutes in the United States.
- In 2022, flow cytometry is dominating the market due to the high sensitivity and broad applicability of MRD testing enabled by flow cytometry.
- The industry sector with the largest revenue share in 2022 was hospitals and specialty clinics. The main factor driving the market is the availability of professionals in hospitals who can help patients choose pertinent MRD tests.
- In 2022, North America is dominating the market of minimal residual disease due to the rising number of patients in the United States.
- The global players with a global presence include Invivoscribe, NeoGenomics Laboratories, Bio-Rad Laboratories, Opko Health, Adaptive Biotechnologies, Natera, Inivata, Sysmex Corporation, and Quest Diagnostics.
Polaris Market Research has segmented the Minimal Residual Disease Market report based on detection target, test technique, end-user, and region:
Minimal Residual Disease, Detection Target Outlook (Revenue - USD Million, 2019 - 2032)
- Lymphoma
- Leukemia
- Solid Tumors
- Others
Minimal Residual Disease, Test Technique Outlook (Revenue - USD Million, 2019 - 2032)
- Flow Cytometry
- Polymerase Chain Reaction (PCR)
- Next Generation Sequencing (NGS)
- Others
Minimal Residual Disease, End-User Outlook (Revenue - USD Million, 2019 - 2032)
- Hospitals and Specialty Clinics
- Laboratory Centers
Minimal Residual Disease, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Minimal Residual Disease Market Insights
- 4.1. Minimal Residual Disease - Industry Snapshot
- 4.2. Minimal Residual Disease Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing Prevalence Of Cancer
- 4.2.1.2. Growing Investment For Research
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High-Cost Associated With Mrd Testing
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Minimal Residual Disease Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Minimal Residual Disease Market, by Detection Target
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 5.3. Lymphoma
- 5.3.1. Global Minimal Residual Disease Market, by Lymphoma, by Region, 2019-2032 (USD Million)
- 5.4. Leukemia
- 5.4.1. Global Minimal Residual Disease Market, by Leukemia, by Region, 2019-2032 (USD Million)
- 5.5. Solid Tumors
- 5.5.1. Global Minimal Residual Disease Market, by Solid Tumors, by Region, 2019-2032 (USD Million)
- 5.6. Others
- 5.6.1. Global Minimal Residual Disease Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Minimal Residual Disease Market, by End-User
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 6.3. Hospitals and Specialty Clinics
- 6.3.1. Global Minimal Residual Disease Market, by Hospitals and Specialty Clinics, by Region, 2019-2032 (USD Million)
- 6.4. Laboratory Centres
- 6.4.1. Global Minimal Residual Disease Market, by Laboratory Centres, by Region, 2019-2032 (USD Million)
7. Global Minimal Residual Disease Market, by Test Technique
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 7.3. Flow Cytometry
- 7.3.1. Global Minimal Residual Disease Market, by Flow Cytometry, by Region, 2019-2032 (USD Million)
- 7.4. Polymerase Chain Reaction (PCR)
- 7.4.1. Global Minimal Residual Disease Market, by Polymerase Chain Reaction (PCR), by Region, 2019-2032 (USD Million)
- 7.5. Next Generation Sequencing (NGS)
- 7.5.1. Global Minimal Residual Disease Market, by Next Generation Sequencing (NGS), by Region, 2019-2032 (USD Million)
- 7.6. Others
- 7.6.1. Global Minimal Residual Disease Market, by Others, by Region, 2019-2032 (USD Million)
8. Global Minimal Residual Disease Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Minimal Residual Disease Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Minimal Residual Disease Market - North America
- 8.3.1. North America: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.3.2. North America: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.3.3. North America: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.3.4. Minimal Residual Disease Market - U.S.
- 8.3.4.1. U.S.: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.3.5. Minimal Residual Disease Market - Canada
- 8.3.5.1. Canada: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4. Minimal Residual Disease Market - Europe
- 8.4.1. Europe: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.2. Europe.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.3. Europe: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4.4. Minimal Residual Disease Market - UK
- 8.4.4.1. UK: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.4.3. UK: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4.5. Minimal Residual Disease Market - France
- 8.4.5.1. France: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.5.2. France.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.5.3. France: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4.6. Minimal Residual Disease Market - Germany
- 8.4.6.1. Germany: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4.7. Minimal Residual Disease Market - Italy
- 8.4.7.1. Italy: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4.8. Minimal Residual Disease Market - Spain
- 8.4.8.1. Spain: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4.9. Minimal Residual Disease Market - Netherlands
- 8.4.9.1. Netherlands: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.4.10. Minimal Residual Disease Market - Russia
- 8.4.10.1. Russia: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.5. Minimal Residual Disease Market - Asia Pacific
- 8.5.1. Asia Pacific: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.5.4. Minimal Residual Disease Market - China
- 8.5.4.1. China: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.5.4.2. China.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.5.4.3. China: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.5.5. Minimal Residual Disease Market - India
- 8.5.5.1. India: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.5.5.2. India.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.5.5.3. India: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.5.6. Minimal Residual Disease Market - Malaysia
- 8.5.6.1. Malaysia: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.5.7. Minimal Residual Disease Market - Japan
- 8.5.7.1. Japan: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.5.8. Minimal Residual Disease Market - Indonesia
- 8.5.8.1. Indonesia: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.5.9. Minimal Residual Disease Market - South Korea
- 8.5.9.1. South Korea: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.6. Minimal Residual Disease Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.6.4. Minimal Residual Disease Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.6.5. Minimal Residual Disease Market - UAE
- 8.6.5.1. UAE: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.6.6. Minimal Residual Disease Market - Israel
- 8.6.6.1. Israel: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.6.7. Minimal Residual Disease Market - South Africa
- 8.6.7.1. South Africa: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.7. Minimal Residual Disease Market - Latin America
- 8.7.1. Latin America: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.7.3. Latin America: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.7.4. Minimal Residual Disease Market - Mexico
- 8.7.4.1. Mexico: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.7.5. Minimal Residual Disease Market - Brazil
- 8.7.5.1. Brazil: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
- 8.7.6. Minimal Residual Disease Market - Argentina
- 8.7.6.1. Argentina: Minimal Residual Disease Market, by Detection Target, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Minimal Residual Disease Market, by Test Technique, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Minimal Residual Disease Market, by End-User, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Sysmex Corporation
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Detection Target Benchmarking
- 10.1.4. Recent Development
- 10.2. ArcherDX
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Detection Target Benchmarking
- 10.2.4. Recent Development
- 10.3. Adaptive Biotechnologies
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Detection Target Benchmarking
- 10.3.4. Recent Development
- 10.4. Natera
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Detection Target Benchmarking
- 10.4.4. Recent Development
- 10.5. Inivata
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Detection Target Benchmarking
- 10.5.4. Recent Development
- 10.6. Asuragen
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Detection Target Benchmarking
- 10.6.4. Recent Development
- 10.7. Guardant Health
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Detection Target Benchmarking
- 10.7.4. Recent Development
- 10.8. Cergentis
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Detection Target Benchmarking
- 10.8.4. Recent Development
- 10.9. Invivoscribe
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Detection Target Benchmarking
- 10.9.4. Recent Development
- 10.10. Mission Bio
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Detection Target Benchmarking
- 10.10.4. Recent Development
- 10.11. ARUP Laboratories
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Detection Target Benchmarking
- 10.11.4. Recent Development
- 10.12. NeoGenomics Laboratories
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Detection Target Benchmarking
- 10.12.4. Recent Development
- 10.13. Bio-Rad Laboratories
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Detection Target Benchmarking
- 10.13.4. Recent Development
- 10.14. Opko Health
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Detection Target Benchmarking
- 10.14.4. Recent Development
- 10.15. Quest Diagnostics
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Detection Target Benchmarking
- 10.15.4. Recent Development