Germany Liquid Biopsy Market Size & Outlook, 2023-2030
Germany liquid biopsy market, 2018-2030 (US$M)
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Germany liquid biopsy market highlights
- The Germany liquid biopsy market generated a revenue of USD 854.3 million in 2023 and is expected to reach USD 1,796.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.2% 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 2023 | USD 854.3 million |
| Market revenue in 2030 | USD 1,796.2 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Blood sample |
| Fastest growing segment | Blood Sample |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Sample |
| Key market players worldwide | ANGLE 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, Germany accounted for 8.0% 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 Europe, Germany liquid biopsy market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,666.3 million by 2030.
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Liquid Biopsy Market Scope
Liquid Biopsy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 Germany liquid biopsy market based on blood sample covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is among the leading countries in the Europe liquid biopsy market owing to increasing number of companies striving to enter the market and government-sponsored aid for developing these tests.
Moreover, government negotiations with payers to improve reimbursement scenarios, as these tests are expensive, are expected to drive the adoption of liquid biopsy tests. In Germany, Merck and Sysmex Inostics received the first CE approval for liquid biopsy tests for patients with colorectal cancer.
Germany is considered a potential market owing to strategic developments adopted by key players operating in liquid biopsy market. They offer services ranging from library preparation to final bioinformatics data interpretation along with postdelivery support related to liquid biopsy at moderate cost for both local & international customers.
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Our clientele includes a mix of liquid biopsy market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany liquid biopsy market , including forecasts for subscribers. This country databook contains high-level insights into Germany liquid biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany liquid biopsy market size, by type, 2018-2030 (US$M)
Germany Liquid Biopsy Market Outlook Share, 2023 & 2030 (US$M)
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