The market for NGS-based liquid biopsy is witnessing growth in the region due to the presence of developed countries such as the U.S. and Canada in the region. Further, the continuously rising cancer incidences is the major problem faced by the region owing to which the demand for cancer diagnostics increases including NGS-based liquid biopsies. For instance, as per the Globocan 2020 report, 2.5 million cancer cases were reported in 2020 in North America. Among them, 699,274 deaths were reported in the same year. North America is home to various research institutions that are actively working in the development of advanced cancer diagnostic techniques is also a catalyzing factor for the growth of the NGS-based liquid biopsy in the region.

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  • Revenue (2020-2030)- USD Mn

Based on type, the market is segmented into kits, instruments, and services. The kits category dominated the market in 2021. The Kits segment in the next-generation sequencing (NGS) based liquid biopsy market plays a crucial role in facilitating the accurate and efficient detection of biomarkers in liquid biopsy samples. Further, the kits are cost-effective and are available at cheaper rates are among the major factors driving the growth of the segment.

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On the basis of end-users, the market is categorized into diagnostic laboratories, hospitals, clinics, and others. Among these, the hospital’s category held a dominating share of the market in 2021. This is mainly due to the rising number of cancer cases, along with the increasing hospitalization are the major factors responsible for the segmental growth of the hospitals.

Global NGS-based liquid biopsy Market Segmentation

Market Insight, by Type

  • Kits
  • Instruments
  • Services

Market Insight, by End-User

  • Diagnostic Laboratories
  • Hospitals
  • Clinics
  • Others

Market Insight, by Region

  • North America U.S.
  •  Canada
  •  Rest of North America
  • EuropeGermany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
  • NORTH AMERICAChina
  • Japan
  • India
  • Rest of NORTH AMERICA
  • Rest of the World