Global Circulating Tumor Cell (CTC) Market share, Regional Study and Future Prospects by 2027

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Global Circulating Tumor Cell (CTC) Market share, Regional Study and Future Prospects by 2027

Circulating Tumor Cell Market to register a CAGR of 12.60% by 2027 :

Circulating Tumor Cell (CTC) Market Share, Growth and Trends Analysis By Application (Research, Drug Development), Technology (CTC Enrichment, CTC Detection), End-User (Hospital & Clinics, Research & Academic Institutes, Diagnostic Centers) - Forecast Till 2027

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The growing prevalence of cancer is likely to be the major driver for the global circulating tumor cell market over the forecast period. Over 90% of the deaths caused by cancer are caused by cancers that have metastasized, leading to the field of circulating tumor cells taking on a highly important position in modern oncology. Circulating tumor cells can thus be used as an early warning of progressive cancer; the growing clamor for advances in cancer prevention rather than treatment is expected to drive the circulating tumor cells market over the forecast period. Circulating tumor cells also provide the perfect way to monitor the development of a cancer in an individual, as simple blood tests can be used in place of invasive biopsies to measure the prevalence of CTCs as the disease progresses.

Circulating Tumor Cells Market Competitive Analysis:

Leading players in the global circulating tumor cells market include Ikonisys Inc., Thermo Fisher Scientific, STEMCELL Technologies, Menarini Silicon Biosystems, F. Hoffman-La Roche Ltd., Fluxion Biosciences Inc., ApoCell, Epic Lifesciences, Celltraffix Inc., Advanced Cell Diagnostics Inc. (Bio-Techne Corporation), GE Healthcare, NanoString Technologies Inc., QIAGEN, Miltenyi Biotec, SRI International, and Greiner Bio-One International GmbH.

Circulating Tumor Cells Market Segmentation:

The global circulating tumor cells market is segmented by

technology
application
end use
region

The global circulating tumor cell market is segmented based on technology into

CTC enrichment
CTC detection
combined enrichment
separation of CTC

Based on application, the global CTC market is segmented into

clinical
research
drug development

By end use, the CTC market is segmented into

hospitals & clinics
research & academic institutes
diagnostic centers

Circulating Tumor Cells Market Regional Analysis:

The global CTC market is segmented based on region into

North America
South America
Europe
Asia Pacific
Middle East
Africa

North America is likely to be the dominant regional market for circulating tumor cell research and technology over the forecast period. The highly advanced state of the healthcare sector in North America is a major factor conducive for steady growth of the circulating tumor cell market in the region. The growing prevalence of cancer in North America and the increasing efforts to update and enhance the means to combat the same are likely to result in a steady growth in demand from the circulating tumor cell market in the region.

Asia Pacific is also expected to exhibit steady growth in the global circulating tumor cells market over the forecast period due to the increasing healthcare expenditure in emerging countries in the region and the increasing prevalence of cancer.

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