Exploring Minimal Residual Disease Market Potential: Revenue Growth Forecasts and Key Players Analysis #46
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The global Minimal Residual Disease (MRD) market size was USD 1,095.3 Million in 2021 and is expected to register a revenue CAGR of 16.04% during the forecast period, according to the latest analysis by Emergen Research. Rising R&D activities and increase in research funding from various cancer institutes are major factors projected to support market revenue growth between 2021 and 2030. For instance, Invitae Corporation, based in the U.S., started a research in February 2022 to collect actual data on tailored minimal residual disease diagnostics for distinct tumor types. Inivata also introduced RaDaR assay in April 2020 to identify and track residual disease and relapse in plasma samples of patients with prior cancer diagnoses. In addition, RaDaR assay is based on next-generation sequencing platform InVision liquid biopsy, developed by Inivata, which has built-in control and error checking for highly sensitive and precise variant detection. Moreover, to improve testing and detection outcomes, companies competing in the worldwide MRD testing market are concentrating more on disease-specific and tailored diagnostic kits, which is also expected to drive revenue growth of the market.
The research report on the Minimal Residual Disease market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Minimal Residual Disease business sphere.
Available Sample Report in PDF Version@ https://www.emergenresearch.com/request-sample/1352
Competitive Terrain:
The global Minimal Residual Disease industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Adaptive Biotechnologies, ARUP Laboratories, Bio-Rad Laboratories, Inc., Cergentis B.V., F. Hoffmann-La Roche Ltd., ICON Plc, Invivoscribe, Inc., Laboratory Corporation of America Holdings, Mission Bio, Natera, Inc., NeoGenomics Laboratories, OPKO Health, Inc., and Sysmex Corporation
Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/minimal-residual-disease-market
Additional information offered by the report:
Along with a complete overview of the global Minimal Residual Disease market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Minimal Residual Disease market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Indication Outlook (Revenue, USD Million; 2019–2030)
Leukemia
Acute Lymphoblastic Leukemia (ALL)
Chronic Lymphoblastic Leukemia (CLL)
Acute Myeloid Leukemia (AML)
Chronic Myeloid Leukemia (CML)
Others
Lymphoma
Non-Hodgkin’s Lymphoma (NHL)
Marginal Zone Lymphoma
Follicular Lymphoma
Peripheral T-cell Lymphoma
Mantle Cell Lymphoma
Others
Multiple Myeloma (MM)
Solid Tumor
Others
Detection Outlook (Revenue, USD Million; 2019–2030)
Next-Generation Sequencing (NGS)
Flow Cytometry
Polymerase Chain Reaction (PCR)
Fluorescence In-Situ Hybridization (FISH)
Others
Treatment Methods Outlook (Revenue, USD Million; 2019–2030)
Chemotherapy
Stem Cell Transplant
CAR-T Cell Therapy
Others
Radical Highlights of the Minimal Residual Disease Market Report:
Comprehensive overview of the Minimal Residual Disease market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Minimal Residual Disease market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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