Thailand Liquid Biopsy Market Size & Outlook, 2023-2030
Thailand liquid biopsy market, 2018-2030 (US$M)
Related Markets
Thailand liquid biopsy market highlights
- The Thailand liquid biopsy market generated a revenue of USD 28.6 million in 2023 and is expected to reach USD 66.2 million by 2030.
- The Thailand market is expected to grow at a CAGR of 12.7% 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 28.6 million |
| Market revenue in 2030 | USD 66.2 million |
| Growth rate | 12.7% (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, Thailand 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 Scope
Liquid Biopsy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 73.43% in 2023. Horizon Databook has segmented the Thailand liquid biopsy market based on blood sample covering the revenue growth of each sub-segment from 2018 to 2030.
In Thailand, the liquid biopsy market is primarily saturated with global players and their subsidiaries, such as QIAGEN, Thermo Fisher Scientific, Inc., and F. Hoffmann-La Roche Ltd. Furthermore, several hospitals and laboratories offer tests for diagnosing cancer by using liquid biopsy tests.
According to Thailand Medical News, published in December 2019, new rapid and inexpensive liquid biopsy tests became more prevalent in the medical industry to diagnose patients with cancer.
For instance, in 2021, around 1,200 patients per 100,000 population were found to be suffering from metastatic cancer and tumors in Thailand. This growing prevalence of cancer is expected to fuel the market over the forecast period.
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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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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 Thailand liquid biopsy market , including forecasts for subscribers. This country databook contains high-level insights into Thailand liquid biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand liquid biopsy market size, by type, 2018-2030 (US$M)
Thailand Liquid Biopsy Market Outlook Share, 2023 & 2030 (US$M)
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