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Circulating Tumor Cells (CTC) Market Size

  • Report ID: GMI6095
  • Published Date: Jun 2023
  • Report Format: PDF

Circulating Tumor Cells Market Size

Circulating Tumor Cells Market size accounted for USD 11.1 billion in 2022 and is estimated to grow at a CAGR of 12.1% to reach USD 33.5 billion by 2032. The rising incidence of cancer across the globe has led to an increased demand for effective diagnostic and treatment solutions.

 

CTCs hold immense potential for early cancer detection, monitoring treatment response, and predicting disease progression. Also, advancements in technology and the development of innovative CTC detection and isolation techniques have greatly enhanced the accuracy and reliability of CTC-based diagnostics. Furthermore, the growing focus on personalized medicine and targeted therapies has created a need for precise and real-time information about tumor characteristics, that can be obtained through CTC analysis. Therefore, the integration of CTC-based assays in clinical trials and the increasing adoption of liquid biopsy approaches in routine cancer care are further fuelling the market growth.

 

Circulating Tumor Cells (CTCs) are cancer cells that have detached from a solid tumor and entered the bloodstream or lymphatic system. These cells can travel through the circulatory system to distant parts of the body, potentially leading to the formation of secondary tumors, known as metastases, in other organs or tissues.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for circulating tumor cells size was USD 11.1 billion in 2022 and will reach USD 33.5 billion by end of 2032 owing to the rising demand for effective diagnostic and treatment solutions.

Circulating tumor cells industry share from the research application segment recorded USD 8.1 billion in 2022 driven by increasing adoption in cancer research to offer valuable insights into tumor biology and cancer prognosis.

North America held 42.4% of the circulating tumor cells market share in 2022 and is anticipated to expand considerably through 2032 due to the increasing advancements in diagnostic technologies

Thermo Fisher Scientific Inc., QIAGEN, Precision for Medicine, BIOCEPT, Inc., BioFluidica, Fluxion Biosciences, Inc., Greiner Bio One International GmbH, Ikonisys Inc., Miltenyi Biotec, IVDiagnostics, and Biolidics Limited are some prominent firms providing circulating tumor cells.

Circulating Tumor Cells (CTC) Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 654
  • Countries covered: 20
  • Pages: 350
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