Middle East Liquid Biopsy Market Overview
According to SPER Market Research, the Middle East Liquid Biopsy Market is estimated to reach USD 0.208 billion by 2033 with a CAGR 13.89%.
Liquid biopsy refers to a minimally invasive medical test that detects biomarkers in a patient's blood or other bodily fluids, such as urine or saliva, to diagnose and monitor diseases like cancer. Unlike traditional biopsies that require an invasive surgical procedure to extract tissue samples, liquid biopsy relies on advanced molecular biology techniques that can isolate and analyze circulating tumor cells (CTCs), cell-free DNA (cfDNA), and other biomolecules present in body fluids.
Exploring the Growth Drivers of the Middle East Liquid Biopsy Industry
The Middle East liquid biopsy market is expected to experience significant growth in the coming years due to several factors. One of the main drivers is the increasing incidence of cancer in the region, which has been on the rise over the years. Liquid biopsy offers a non-invasive method of detecting cancer at an early stage, which can improve the chances of successful treatment. Additionally, advancements in liquid biopsy technology, such as next-generation sequencing (NGS) and digital polymerase chain reaction (PCR), have enabled the detection of even small amounts of cancer-related biomarkers in blood samples, thereby improving the accuracy of cancer diagnosis. The shift towards personalized medicine has also contributed to the growth of the liquid biopsy market in the Middle East. The demand for liquid biopsy has increased as it enables the detection of specific genetic mutations and alterations that can guide treatment decisions. The favourable regulatory environment in the region has also been supportive of liquid biopsy, driving the adoption of this technology.
What challenges does the Middle East Liquid Biopsy Market face?
The Middle East liquid biopsy market faces several challenges that can limit its adoption. One such challenge is the limited awareness of liquid biopsy among patients and healthcare providers in the region. Additionally, liquid biopsy tests can be expensive, limiting accessibility for patients who cannot afford them. The lack of a standardized approach to liquid biopsy testing can lead to variability in results across different laboratories, making it difficult to compare and interpret data. Technical challenges such as low concentration of cancer biomarkers and potential contamination also need to be addressed. Finally, the regulatory landscape for liquid biopsy is still evolving, which can create uncertainty for companies operating in this market. Addressing these challenges will require collaboration between healthcare providers, regulators, and industry stakeholders to increase awareness, improve standardization, reduce costs, and address technical and regulatory issues.
In what ways has the COVID-19 pandemic affected Middle East Liquid Biopsy Market?
The COVID-19 pandemic has disrupted healthcare services, leading to delays in cancer diagnosis and treatment in the Middle East region. However, the pandemic has also increased the demand for non-invasive diagnostic methods such as liquid biopsy, which can be performed remotely, reducing the risk of virus transmission. Supply chain disruptions and increased costs due to the pandemic may affect the accessibility and affordability of liquid biopsy tests. Nonetheless, the pandemic has emphasized the importance of non-invasive and remote diagnostic methods, which may lead to increased adoption of liquid biopsy in the Middle East in the future.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Technology, By Work Flow, By Usage, By Sample, By Circulating Biomarker, By Product
|
| Regions covered | Kingdom of Saudi Arabia, United Arab Emirates, Rest of Middle East
|
| Companies Covered | Bio-Rad Laboratories, Inc., Bioscience Institute S.p.A., Eurofins Scientific, F. Hoffmann-La Roche Ltd, Guardant Health, Illumina, Inc., Natera, Inc., NeoGenomics Laboratories, Inc., PerkinElmer Inc., QIAGEN N.V., Sysmex Corporation, Thermo Fisher Scientific Inc.
|
Key Target Audience:
- Healthcare Providers and Clinicians
- Patients
- Pharmaceutical companies
- Research and academic institutions
- Government and Regulatory bodies
- Investors and Funding Organizations
Middle East Liquid Biopsy Market Segmentation:
1. By Technology:
- Middle East Liquid Biopsy Market Value Share and Forecast, By Technology, 2023-2033
- Polymerase Chain Reaction
- Next-Generation Sequencing
- Fluorescence In-Situ Hybridization
- Other Technologies
2. By Work Flow:
- Middle East Liquid Biopsy Market Value Share and Forecast, By Work Flow, 2023-2033
- Sample Preparation
- Library Preparation
- Sequencing
- Data Analysis
3. By Usage:
- Middle East Liquid Biopsy Market Value Share and Forecast, By Usage, 2023-2033
- Research Use Only
- Clinical
4. By Sample:
- Middle East Liquid Biopsy Market Value Share and Forecast, By Sample, 2023-2033
- Blood
- Urine
- Saliva
5. By Region:
- Kingdom of Saudi Arabia
- United Arab Emirates
- Rest of Middle East
Key Topics Covered in the Report:
- Middle East Liquid Biopsy Market Size (FY’2023-FY’2033)
- Overview of Middle East Liquid Biopsy Market
- Segmentation of Middle East Liquid Biopsy Market By Technology (Polymerase Chain Reaction, Next-Generation Sequencing, Fluorescence In-Situ Hybridization, Other Technologies)
- Segmentation of Middle East Liquid Biopsy Market By Work Flow (Sample Preparation, Library Preparation, Sequencing, Data Analysis)
- Segmentation of Middle East Liquid Biopsy Market By Usage (Research Use Only, Clinical)
- Segmentation of Middle East Liquid Biopsy Market By Sample (Blood, Urine, Saliva)
- Segmentation of Middle East Liquid Biopsy Market By Circulating Biomarker (Circulating Tumor Cells, Cell-Free DNA, Circulating Cell-Free RNA, Exosomes and Extracellular Vesicles, Other Circulating Biomarkers)
- Segmentation of Middle East Liquid Biopsy Market By Product (Tests/Services, Kits and Consumables, Instruments)
- Statistical Snap of Middle East Liquid Biopsy Market
- Growth Analysis of Middle East Liquid Biopsy Market
- Problems and Challenges in Middle East Liquid Biopsy Market
- Competitive Landscape in the Middle East Liquid Biopsy Market
- Impact of COVID-19 and Demonetization on Middle East Liquid Biopsy Market
- Details on Recent Investment in Middle East Liquid Biopsy Market
- Competitive Analysis of Middle East Liquid Biopsy Market
- Key Players in the Middle East Liquid Biopsy Market
- SWOT Analysis of Middle East Liquid Biopsy Market
- Middle East Liquid Biopsy Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East Liquid Biopsy Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East Liquid Biopsy Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East Liquid Biopsy Market
7. Middle East Liquid Biopsy Market, By Technology (USD Million)
7.1. Middle East Liquid Biopsy Market Value Share and Forecast, By Technology, 2023-2033
7.2. Polymerase Chain Reaction
7.3. Next-Generation Sequencing
7.4. Fluorescence In-Situ Hybridization
7.5. Other Technologies
8. Middle East Liquid Biopsy Market, By Work Flow (USD Million)
8.1. Middle East Liquid Biopsy Market Value Share and Forecast, By Work Flow, 2023-2033
8.2. Sample Preparation
8.3. Library Preparation
8.4. Sequencing
8.5. Data Analysis
9. Middle East Liquid Biopsy Market, By Usage (USD Million)
9.1. Middle East Liquid Biopsy Market Value Share and Forecast, By Usage, 2023-2033
9.2. Research Use Only
9.3. Clinical
10. Middle East Liquid Biopsy Market, By Sample (USD Million)
10.1. Middle East Liquid Biopsy Market Value Share and Forecast, By Sample, 2023-2033
10.2. Blood
10.3. Urine
10.4. Saliva
11. Middle East Liquid Biopsy Market, By Circulating Biomarker (USD Million)
11.1. Middle East Liquid Biopsy Market Value Share and Forecast, By Circulating Biomaker, 2023-2033
11.2. Circulating Tumor Cells
11.3. Cell-Free DNA
11.4. Circulating Cell-Free RNA
11.5. Exosomes and Extracellular Vesicles
11.6. Other Circulating Biomarkers
12. Middle East Liquid Biopsy Market, By Product (USD Million)
12.1. Middle East Liquid Biopsy Market Value Share and Forecast, By Product, 2023-2033
12.2. Tests/Services
12.3. Kits and Consumables
12.4. Instruments
13. Middle East Liquid Biopsy Market Forecast, 2019-2033 (USD Million)
13.1. Middle East Liquid Biopsy Market Size and Market Share
14. Middle East Liquid Biopsy Market, By Technology, 2019-2033 (USD Million)
14.1. Middle East Liquid Biopsy Market Size and Market Share by Technology (2019-2026)
14.2. Middle East Liquid Biopsy Market Size and Market Share by Technology (2027-2033)
15. Middle East Liquid Biopsy Market, By Work Flow, 2019-2033 (USD Million)
15.1. Middle East Liquid Biopsy Market Size and Market Share by Work Flow (2019-2026)
15.2. Middle East Liquid Biopsy Market Size and Market Share by Work Flow (2027-2033)
16. Middle East Liquid Biopsy Market, By Usage, 2019-2033 (USD Million)
16.1. Middle East Liquid Biopsy Market Size and Market Share by Usage (2019-2026)
16.2. Middle East Liquid Biopsy Market Size and Market Share by Usage (2027-2033)
17. Middle East Liquid Biopsy Market, By Sample, 2019-2033 (USD Million)
17.1. Middle East Liquid Biopsy Market Size and Market Share by Sample (2019-2026)
17.2. Middle East Liquid Biopsy Market Size and Market Share by Sample (2027-2033)
18. Middle East Liquid Biopsy Market, By Circulating Biomarker, 2019-2033 (USD Million)
18.1. Middle East Liquid Biopsy Market Size and Market Share by Circulating Biomarker (2019-2026)
18.2. Middle East Liquid Biopsy Market Size and Market Share by Circulating Biomarker (2027-2033)
19. Middle East Liquid Biopsy Market, By Product, 2019-2033 (USD Million)
19.1. Middle East Liquid Biopsy Market Size and Market Share by Product (2019-2026)
19.2. Middle East Liquid Biopsy Market Size and Market Share by Product (2027-2033)
20. Middle East Liquid Biopsy Market, By Region, 2019-2033 (USD Million)
20.1. Middle East Liquid Biopsy Market Size and Market Share by Region (2019-2026)
20.2. Middle East Liquid Biopsy Market Size and Market Share by Region (2027-2033)
20.3. Kingdom of Saudi Arabia
20.4. United Arab Emirates
20.5. Rest of Middle East
21.1. Bio-Rad Laboratories
21.1.2. Financial outlook
21.1.4. Recent developments
21.2. Bioscience Institute S.p.A
21.2.2. Financial outlook
21.2.4. Recent developments
21.3. Eurofins Scientific
21.3.2. Financial outlook
21.3.4. Recent developments
21.4. F. Hoffmann-La Roche Ltd.
21.4.2. Financial outlook
21.4.4. Recent developments
21.5. Guardant Health Illumina, Inc.
21.5.2. Financial outlook
21.5.4. Recent developments
21.6.2. Financial outlook
21.6.4. Recent developments
21.7. Neogenomics Laboratories, Inc.
21.7.2. Financial outlook
21.7.4. Recent developments
21.8.2. Financial outlook
21.8.4. Recent developments
21.9.2. Financial outlook
21.9.4. Recent developments
21.10. Thermo Fischer Scientific Inc.
21.10.2. Financial outlook
21.10.4. Recent developments
23. List of Abbreviations
24. Reference Links
25. Conclusion
26. Research Scope