Australia Liquid Biopsy Market Size & Outlook, 2023-2030

The liquid biopsy market in Australia is expected to reach a projected revenue of US$ 88.3 million by 2030. A compound annual growth rate of 14.1% is expected of Australia liquid biopsy market from 2024 to 2030.
Revenue, 2023 (US$M)
$35.1
Forecast, 2030 (US$M)
$88.3
CAGR, 2024 - 2030
14.1%
Report Coverage
Australia

Australia liquid biopsy market highlights

  • The Australia liquid biopsy market generated a revenue of USD 35.1 million in 2023 and is expected to reach USD 88.3 million by 2030.
  • The Australia market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
  • In terms of segment, blood sample was the largest revenue generating type in 2023.
  • Blood Sample is the most lucrative type segment registering the fastest growth during the forecast period.


Liquid biopsy market data book summary

Market revenue in 2023USD 35.1 million
Market revenue in 2030USD 88.3 million
Growth rate14.1% (CAGR from 2023 to 2030)
Largest segmentBlood sample
Fastest growing segmentBlood Sample
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Sample
Key market players worldwideANGLE PLC, Guardant Health Inc, Myriad Genetics Inc, Biocept Inc, Lucence Health, Roche, Qiagen NV, Illumina Inc, Thermo Fisher Scientific Inc, Epigenomics AG, Oncimmune, Freenome


Other key industry trends

  • In terms of revenue, Australia accounted for 0.3% of the global liquid biopsy market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China liquid biopsy market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 29.4 million by 2030.

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Liquid Biopsy Market Companies

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Australia liquid biopsy market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liquid biopsy market will help companies and investors design strategic landscapes.


Blood sample was the largest segment with a revenue share of 73.22% in 2023. Horizon Databook has segmented the Australia liquid biopsy market based on blood sample covering the revenue growth of each sub-segment from 2018 to 2030.


The Australian liquid biopsy market is expected to grow significantly due to research collaborations and favorable government initiatives. In May 2022, the Australian Cancer Research Foundation (ACRF) launched the Child Cancer Liquid Biopsy Program for children with cancer.

Under this program, simple blood tests provide information about changes in a child with cancer through its journey and whether or not the child is supported well to treatment.

For instance, in November 2022, researchers at UNSW Sydney are focusing on developing less invasive and safer approaches to biopsy tumors, which is the next step in cancer monitoring and detection.

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Target buyers of Australia liquid biopsy market databook

  • Our clientele includes a mix of liquid biopsy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia liquid biopsy market , including forecasts for subscribers. This country databook contains high-level insights into Australia liquid biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia liquid biopsy market size, by type, 2018-2030 (US$M)

Australia Liquid Biopsy Market Outlook Share, 2023 & 2030 (US$M)

Australia liquid biopsy market size, by type, 2018-2030 (US$M)

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