Liquid Biopsy Market 2030: Asia Pacific's Rapid Growth in Healthcare Innovation
The global liquid biopsy market was valued at USD 10.42 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 11.60% from 2024 to 2030. The market's growth is primarily driven by several key factors, including the rising prevalence of cancer worldwide, continuous technological advancements in cancer diagnostics, and an increasing preference for minimally invasive diagnostic methods for cancer detection. Additionally, ongoing research into liquid biopsy assays and tests, along with the growing adoption and development of multi-cancer early detection tests, is expected to create further opportunities for market expansion. The COVID-19 pandemic had a significant impact on cancer diagnoses, leading to delays in diagnostic services and screening programs due to restrictions and overburdened healthcare systems. Cancer patients also faced numerous challenges during this period, including increased vulnerability to severe infections and disruptions in their...