Minimal Residual Disease Testing Market by Technology (PCR, Flow Cytometry, NGS), Application (Leukemia, Lymphoma, Solid Tumors), End User(Hospitals, Specialty Clinics, Diagnostic Labs, Research and Academic Institutes) & Region - Global Forecast to 2027
Description
Minimal Residual Disease Testing Market by Technology (PCR, Flow Cytometry, NGS), Application (Leukemia, Lymphoma, Solid Tumors), End User(Hospitals, Specialty Clinics, Diagnostic Labs, Research and Academic Institutes) & Region - Global Forecast to 2027
The global minimal residual disease testing market is valued at an estimated USD 1.2 Billion in 2022 and is projected to reach USD 2.3 Billion by 2027, at a CAGR of 14.0% during the forecast period. Market growth is driven by rise in the number of patients with cancer and hematological malignancies, growing awareness drives regarding cancer by government, and increasing collaborations and partnerships between companies.
“The PCR segment accounted for the highest growth rate in the minimal residual disease testing market, by technology, during the forecast period”
The minimal residual disease testing market is segmented into flow cytometry, polymerase chain reaction (PCR), next-generation sequencing (NGS). In 2021, the PCR segment accounted for the highest growth rate in the minimal residual disease testing market. Device being easy to use, easy accessibilityof assay kits, and a good sensitivity are the major factors contributing the large share of this segment.
“Hematological Malignancies applications segment accounted for the highest CAGR”
Based on application, the minimal residual disease testing market is segmented into hematological malignancies, solid tumors, and other applications. In 2021, the hematological malignancies application segment accounted for the largest share. Factors contributing to the growth of this segment are increasing incidences of leukemia, lymphoma and their types and awareness about continuous monitoring of patients with these diseases.
“Asia Pacific: The fastest-growing region minimal residual disease testing market”
The global minimal residual disease testing market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. The Asia Pacific region is projected to register the highest CAGR during the forecast period.
The Asia Pacific minimal residual disease testing market is estimated to grow at the highest CAGR during the forecast period, primarily due to improving healthcare infrastructure, the presence of a large pool of patient population, the rising focus of key players in the region, government efforts to increase awareness about the detection of diseases, continuously rising healthcare expenditures, an increasing number of hospitals & clinical diagnostic laboratories in India and China, and the strengthening research base for diagnostic procedures across India, China, and Japan.
The primary interviews conducted for this report can be categorized as follows:
By Company Type: Tier 1 - 20%, Tier 2 - 45%, and Tier 3 - 35%
By Designation: C-level - 30%, D-level - 20%, and Others - 50%
By Region: North America - 36%, Europe - 25%, Asia Pacific - 27%, Latin America –9%, and the Middle East & Africa – 3%
Lists of Companies Profiled in the Report:
Labcorp Inc. (US)
F. Hoffmann-La Roche Ltd. (Switzerland)
Guardant Health (US)
Sysmex Corporation (Japan)
NeoGenomics Laboratories, Inc. (US)
Adaptive Biotechnologies Corporation (US)
ArcherDX, Inc. (US)
Asuragen Inc. (US)
Arup Laboratories Inc. (US)
Bio-Rad Laboratories, Inc. (US)
Cergentis B.V. (Netherlands)
Molecular MD (ICON plc) (Ireland)
Invivoscribe, Inc. (US)
Mission Bio, Inc. (US)
Natera, Inc. (US)
Opko Health, Inc. (US)
Quest Diagnostics (US)
Genetron Health (China)
Research Coverage:
This report provides a detailed picture of the global minimal residual disease testing market. It aims at estimating the size and future growth potential of the market across different segments, such as technology, application, and end user. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall minimal residual disease testing market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.
The global minimal residual disease testing market is valued at an estimated USD 1.2 Billion in 2022 and is projected to reach USD 2.3 Billion by 2027, at a CAGR of 14.0% during the forecast period. Market growth is driven by rise in the number of patients with cancer and hematological malignancies, growing awareness drives regarding cancer by government, and increasing collaborations and partnerships between companies.
“The PCR segment accounted for the highest growth rate in the minimal residual disease testing market, by technology, during the forecast period”
The minimal residual disease testing market is segmented into flow cytometry, polymerase chain reaction (PCR), next-generation sequencing (NGS). In 2021, the PCR segment accounted for the highest growth rate in the minimal residual disease testing market. Device being easy to use, easy accessibilityof assay kits, and a good sensitivity are the major factors contributing the large share of this segment.
“Hematological Malignancies applications segment accounted for the highest CAGR”
Based on application, the minimal residual disease testing market is segmented into hematological malignancies, solid tumors, and other applications. In 2021, the hematological malignancies application segment accounted for the largest share. Factors contributing to the growth of this segment are increasing incidences of leukemia, lymphoma and their types and awareness about continuous monitoring of patients with these diseases.
“Asia Pacific: The fastest-growing region minimal residual disease testing market”
The global minimal residual disease testing market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. The Asia Pacific region is projected to register the highest CAGR during the forecast period.
The Asia Pacific minimal residual disease testing market is estimated to grow at the highest CAGR during the forecast period, primarily due to improving healthcare infrastructure, the presence of a large pool of patient population, the rising focus of key players in the region, government efforts to increase awareness about the detection of diseases, continuously rising healthcare expenditures, an increasing number of hospitals & clinical diagnostic laboratories in India and China, and the strengthening research base for diagnostic procedures across India, China, and Japan.
The primary interviews conducted for this report can be categorized as follows:
By Company Type: Tier 1 - 20%, Tier 2 - 45%, and Tier 3 - 35%
By Designation: C-level - 30%, D-level - 20%, and Others - 50%
By Region: North America - 36%, Europe - 25%, Asia Pacific - 27%, Latin America –9%, and the Middle East & Africa – 3%
Lists of Companies Profiled in the Report:
Labcorp Inc. (US)
F. Hoffmann-La Roche Ltd. (Switzerland)
Guardant Health (US)
Sysmex Corporation (Japan)
NeoGenomics Laboratories, Inc. (US)
Adaptive Biotechnologies Corporation (US)
ArcherDX, Inc. (US)
Asuragen Inc. (US)
Arup Laboratories Inc. (US)
Bio-Rad Laboratories, Inc. (US)
Cergentis B.V. (Netherlands)
Molecular MD (ICON plc) (Ireland)
Invivoscribe, Inc. (US)
Mission Bio, Inc. (US)
Natera, Inc. (US)
Opko Health, Inc. (US)
Quest Diagnostics (US)
Genetron Health (China)
Research Coverage:
This report provides a detailed picture of the global minimal residual disease testing market. It aims at estimating the size and future growth potential of the market across different segments, such as technology, application, and end user. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall minimal residual disease testing market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.
Table of Contents
175 Pages
- STUDY OBJECTIVES
- MARKET DEFINITION
- MARKETS COVERED
- CURRENCY CONSIDERED
- LIMITATIONS
- STAKEHOLDERS
- SUMMARY OF CHANGES
- RESEARCH DATA
- RESEARCH APPROACH
- MARKET SIZE ESTIMATION
- MARKET BREAKDOWN AND DATA TRIANGULATION
- MARKET SHARE
- STUDY ASSUMPTIONS
- GROWTH RATE ASSUMPTIONS
- RISK ASSESSMENT
- EXECUTIVE SUMMARY
- MINIMAL RESIDUAL DISEASE TESTING MARKET OVERVIEW
- MINIMAL RESIDUAL DISEASE TESTING MARKET SHARE, BY TECHNOLOGY, 2022 VS. 2027
- MINIMAL RESIDUAL DISEASE TESTING MARKET SHARE, BY APPLICATION, 2022 VS. 2027
- MINIMAL RESIDUAL DISEASE TESTING MARKET SHARE, BY END USER, 2022 VS. 2027
- MINIMAL RESIDUAL DISEASE TESTING MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
- INTRODUCTION
- MARKET DYNAMICS
- PRICING ANALYSIS
- PATENT ANALYSIS
- VALUE CHAIN ANALYSIS
- SUPPLY CHAIN ANALYSIS
- ECOSYSTEM/MARKET ANALYSIS
- PORTER'S FIVE FORCES ANALYSIS
- REGULATORY ANALYSIS
- TRADE ANALYSIS
- TECHNOLOGY ANALYSIS
- KEY CONFERENCES AND EVENTS IN 2022-2023
- TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
- KEY STAKEHOLDERS AND BUYING CRITERIA
- CASE STUDY ANALYSIS
- INTRODUCTION
- POLYMERASE CHAIN REACTION
- NEXT-GENERATION SEQUENCING
- FLOW CYTOMETRY
- OTHER TECHNOLOGIES
- INTRODUCTION
- HEMATOLOGICAL MALIGNANCIES
- SOLID TUMORS
- OTHER APPLICATIONS
- INTRODUCTION
- HOSPITALS & SPECIALTY CLINICS
- DIAGNOSTIC LABORATORIES
- ACADEMIC & RESEARCH INSTITUTES
- OTHER END USERS
- INTRODUCTION
- NORTH AMERICA
- EUROPE
- ASIA PACIFIC
- LATIN AMERICA
- MIDDLE EAST & AFRICA
- OVERVIEW
- STRATEGIES OF KEY PLAYERS/RIGHT TO WIN
- REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS
- MARKET SHARE ANALYSIS
- COMPANY EVALUATION QUADRANT
- COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES (2021)
- COMPETITIVE BENCHMARKING
- COMPETITIVE SCENARIO
- KEY PLAYERS
- OTHER PLAYERS
- DISCUSSION GUIDE
- KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- CUSTOMIZATION OPTIONS
- RELATED REPORTS
- AUTHOR DETAILS
Pricing
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