Fluid Biopsy Market Overview
Fluid Biopsy market size is forecast to reach US$54.3 billion by 2030, after growing at a CAGR of 19.6% during 2024-2030. Liquid biopsy also known as fluid biopsy or fluid phase biopsy, a non-invasive fast technique, which helps to detect and diagnose a variety of cancers such as lung, liver, breast and others at an early stage. The going prevalence of cancer worldwide is the primary driver for the market growth. The non-invasive nature of procedures which reduce the risk of complications associated with surgical biopsies, growing cancer awareness programs by governments and investments in cancer hospitals and cancer research facilities are propelling the growth of Fluid Biopsy Market globally.
While oncology remains a major driver, fluid biopsy is expanding into other areas like infectious diseases, genetic disorders, and autoimmune diseases. For instance, Fluid biopsy can be used to monitor viral load and track treatment response in diseases like HIV, hepatitis B, and hepatitis C. It can also be used for non-invasive prenatal testing (NIPT) to screen for fetal chromosomal abnormalities. By expanding its applications beyond oncology, the fluid biopsy market can tap into new patient populations and drive further growth. Additionally, the development of point-of-care testing (POCT) solutions for fluid biopsy is also a major trend driving the market growth by improving accessibility, reducing turnaround times, and enhancing patient care.
Market Snapshot:
Fluid Biopsy Market - Report Coverage:
The “Fluid Biopsy Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Fluid Biopsy Market.
Attribute |
Segment |
By Product |
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By Cancer |
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By Technology |
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By Sample Type |
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By Application |
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By Geography |
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COVID-19 / Ukraine Crisis - Impact Analysis:
• The COVID-19 pandemic disrupted clinical trials, leading to delays in the development and commercialization of new liquid biopsy tests. Healthcare spending was reduced due to the pandemic, leading to decreased investment in new technologies like liquid biopsy.
• The Russia-Ukraine conflict disrupted global supply chains, affecting the availability of critical reagents, chemicals, and equipment necessary for fluid biopsy research and development. The geopolitical tensions and economic sanctions resulting from the conflict have created uncertainty in the global economy, potentially leading to reduced investments in healthcare, including fluid biopsy.
Key Takeaways
Breast Cancer is the Largest Segment
Breast cancer cases are leading in the fluid biopsy market, in terms of cancer segment. Breast cancer is a highly heterogeneous disease. The treatment of breast cancer is complicated owing to intratumoral complexity. Fluid biopsies are being widely used as a way to improve early detection of cancer, monitor disease progression, and help guide treatment decisions. For instance, according to American Cancer Society’s Breast Cancer Facts & Figures 2024-2025, In 2024 an estimated 310,720 new invasive breast cancers and 56500 cases of ductal carcinoma in situ will be diagnosed among women in the US, and additional 2790 cases will be diagnosed in men. Additionally, 42,250 women and 530 men in US are expected to die from breast cancer in 2024. Thus, the rising prevalence of breast cancer cases is fueling the fluid biopsy market globally.
Circulating Tumor DNA (ctDNA) is leading the Market
The Circulating Tumor DNA (ctDNA) segment holds the largest share in the fluid biopsy market. Using ctDNA-based liquid biopsy offers a number of benefits, such as non-invasive or minimally invasive collection techniques, the ability to do several assessments, and thorough understanding of tumor biology. By enabling the screening of high-risk patients, dynamically monitoring therapy responses, and diagnosing, it plays vital roles in disease management. It is also possible to monitor postoperative tumor status, show pseudo-progression, and direct adaptive therapy strategies using ctDNA. Through the mechanism of apoptosis, necrosis, and circulating exosome release in tumor cells, ctDNA can spread throughout the circulatory system and carry modifications such as methylations, mutations, gene rearrangements, and microsatellite instability. For instance, The Lancet’s commission on prostate cancer, published in April 2024, forecasts the number of new cases of prostate cancer to increase annually worldwide from 1.4 million in 2020, to 2.9 million by 2040, and the number of deaths worldwide is predicted to rise from 375 000 in 2020, to almost 700 000 by 2040. By analyzing changes in ctDNA mutations, doctors can identify when a tumor is becoming resistant to therapy, enabling a switch to more effective treatments.
North America Leads the Market
North America dominated the Fluid Biopsy market with a market share of up to 37% in 2023 due to rising cancer cases in this region and along with rising research and developments. According to American Cancer Society, nearly 2 million cases are projected in 2024 which equates to almost 5,500 cancer diagnoses a day. In 2024, over 6,11,000 deaths from cancer are projected for the US equivalent to more than 1,600 deaths from cancer each day. The growing R&D on cancer research in countries like USA is propelling the market growth in this region. For instance, according to American Association for Cancer Research’s Cancer Progress Report, Among the advances made between July 1, 2023, and June 30, 2024, are the 15 new anticancer therapeutics approved for use by FDA. During the same period, FDA also approved a new imaging agent to aid breast cancer surgery and expanded the use of 15 previously approved anticancer therapeutics to treat additional cancer types. Such factors are fuelling the growth of Fluid Biopsy Market in this region.
Rising Cancer Incidence Drives the Market
The rising global cancer incidence is a major driver behind the expansion of the fluid biopsy market. Cancer continues to be a major health concern worldwide, with a mounting number of new cases diagnosed each year. For instance, according to the World Health Organisation, globally over 35 million new cancer cases are predicted in 2050, an increase from the estimated 20 million in 2022. With millions of new cancer cases diagnosed annually the demand for effective diagnostic tests options continues to escalate. A report by Cancer Research UK states that by 2040 there are projected to be 500,000 new cancer cases diagnosed each year in the UK attributed to a growing and ageing population. Fluid biopsy, characterized by its non-invasive nature and ability to detect cancer-related biomarkers in bodily fluids like blood or urine, has emerged as a game-changing solution in the fight against cancer. Thus, the increasing prevalence of cancer worldwide is fueling the growth of the global fluid biopsy market.
High Prices to Hamper Growth
One of the key challenges in the Fluid Biopsy market is the high initial cost of fluid biopsy treatments. Fluid biopsy often relies on highly sensitive techniques like next-generation sequencing (NGS) to detect minute amounts of circulating tumor DNA (ctDNA) in blood samples. The advanced equipment required for these procedures are expensive. For instance, according to a journal from National Library of Medicine, the Liquid Biopsy and Tissue Testing approach was more costly and incremental cost was $6203 and $4660, respectively. Additionally, several clinical trials are essential to validate the efficacy and safety of liquid biopsy tests, and these trials can be costly.
Fluid Biopsy Market Key Players
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Fluid Biopsy Market. The top 10 players in the market are
1. Guardant Health
2. Illumina
3. Thermo Fisher Scientifc
4. QIAGEN
5. Myriad genetics
6. F. Hoffmann-La Roche AG
7. Angle plc
8. Ocimmune
9. Sysmex Corporation
10. Bio-Rad Laboratories
Scope of the Report:
Report Metric |
Details |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
CAGR |
19.6% |
Market Size in 2030 |
$54.3 billion |
Segments Covered |
By Product, By Cancer, By Technology, By Sample Type, By Application and By Geography.
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Geographies Covered |
North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Thailand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
Key Market Players |
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Relevant Reports
Report Code: HCR 23527
Report Code: HCR 68320
Report Code: HCR 0195
1. Fluid Biopsy Market - Overview
1.1 Definitions and Scope
2. Fluid Biopsy Market - Executive summary
2.1 Key Trends by Product
2.2 Key Trends by Cancer
2.3 Key Trends by Circulating Biomarker
2.4 Key Trends by Technology
2.5 Key Trends by Sample Type
2.6 Key Trends by Application
2.7 Key Trends by Geography
3. Fluid Biopsy Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Fluid Biopsy Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Fluid Biopsy Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Fluid Biopsy Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Fluid Biopsy Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Fluid Biopsy Market- By Product (Market Size -$Million / $Billion)
8.1 Test & Services
8.2 Kits & Consumables
8.3 Instruments
9. Fluid Biopsy Market - By Cancer (Market Size -$Million / $Billion)
9.1 Lung Cancer
9.2 Breast Cancer
9.3 Colorectal Cancer
9.4 Bone Cancer
9.5 Cervical Cancer
9.6 Adrenal Cancer
9.7 Intestinal Cancer
9.8 Kidney Cancer
9.9 Others
10. Fluid Biopsy Market – By Circulating Biomarker (Market Size -$Million / $Billion)
10.1 Circulating Tumor Cells (CTCs)
10.2 Circulating Tumor DNA (ctDNA)
10.3 Cell-Free DNA (cfDNA)
10.4 Exosomes
10.5 Extracellular Vesicles
10.6 Others
11. Fluid Biopsy Market – By Technology (Market Size -$Million / $Billion)
11.1 NGS
11.2 PCR
11.3 FISH
11.4 Other
12. Fluid Biopsy Market – By Sample Type (Market Size -$Million / $Billion)
12.1 Blood
12.2 Urine
12.3 Saliva
12.4 CerebroSpinal Fluid
12.5 Others
13. Fluid Biopsy Market - By Application (Market Size -$Million / $Billion)
13.1 Diagnosis & Screening
13.2 Therapy Selection
13.3 Treatment Monitoring
13.4 Recurrence Monitoring
13.5 Others
14. Fluid Biopsy Market- By Geography (Market Size -$Million / $Billion)
14.1 North America
14.1.1 U.S.
14.1.2 Canada
14.1.3 Mexico
14.2 Europe
14.2.1 Germany
14.2.2 France
14.2.3 UK
14.2.4 Italy
14.2.5 Spain
14.2.6 Belgium
14.2.7 Netherlands
14.2.8 Rest of Europe
14.3 APAC
14.3.1 China
14.3.2 Japan
14.3.3 South Korea
14.3.4 India
14.3.5 Australia
14.3.6 Indonesia
14.3.7 Malaysia
14.3.8 New Zealand
14.3.9 Rest of Asia Pacific
14.4 South America
14.4.1 Brazil
14.4.2 Argentina
14.4.3 Chile
14.4.4 Colombia
14.4.5 Rest of South America
14.5 RoW
14.5.1 Middle East
14.5.2 Africa
15. Fluid Biopsy Market - Entropy
15.1 New product launches
15.2 M&A s, collaborations, JVs and partnerships
16. Fluid Biopsy Market - Industry / Segment Competition landscape Premium
16.1 Market Share Analysis
16.1.1 Market Share by Country- Top companies
16.1.2 Market Share by Region- Top 10 companies
16.1.3 Market Share by type of Application - Top 10 companies
16.2 Competition Matrix
17. Fluid Biopsy Market - Key Company List by Country Premium
18. Fluid Biopsy Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
18.1Guardant Health
18.2 Illumina
18.3 Thermo Fisher Scientifc
18.4 QIAGEN
18.5 Myriad genetics
18.6 F. Hoffmann-La Roche AG
18.7 Angle plc
18.8 Ocimmune
18.9 Sysmex Corporation
18.10 Bio-Rad Laboratories
“Financials to the Private Companies would be provided on best-effort basis.”
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The Fluid Biopsy Market is projected to grow at 19.6% CAGR during the forecast period 2024-2030.
The Fluid Biopsy Market size is estimated to be $X billion in 2023 and is projected to reach $X billion by 2030
The leading players in the Fluid Biopsy Market are Guardant Health, Thermo Fisher Scientific, QIAGEN, Myriad genetics, F. Hoffman-La Roche AG and others
The expansion of fluid biopsy in several areas like infectious diseases, genetic disorders, and autoimmune diseases and development of point-of-care testing (POCT) solutions are some of the Market trends in the industry which will create growth opportunities for the market during the forecast period.
The going prevalence of cancer worldwide, non-invasive nature of procedures which reduce the risk of complications associated with surgical biopsies, growing cancer awareness programs by governments and investments in cancer hospitals and cancer research are the driving factors of the market.