Spain Liquid Biopsy Market to be dominated by Polymerase Chain Reactions Through 2028.
Adoption of Next-Generation
Sequencing (NGS) is expected to drive the
growth of the Spain liquid biopsy market in the forecast period.
According
to TechSci Research report, “Spain Liquid
Biopsy Market
– By Region, Competition, Forecast and Opportunities, 2028”, Spain liquid
biopsy market is anticipated to grow at an impressive rate in the forecast
period, 2024-2028. This can be ascribed to the upcoming trends that are
likely to impact the Spain liquid biopsy market in the coming years such as
personalized medicine, integration with immunotherapy, expansion into new
applications, etc. Liquid biopsy is a critical tool for personalized cancer
treatment, as it can help doctors identify the genetic mutations driving a
patient’s cancer. This allows doctors to develop personalized treatment plans
that target the specific mutations driving a patient’s disease. As personalized
medicine continues to gain traction in Spain, the demand for liquid biopsy is
likely to increase. Furthermore, immunotherapy is a rapidly growing area of
cancer treatment that works by boosting the immune system’s ability to fight
cancer cells. Liquid biopsy can be used to identify patients who are most
likely to respond to immunotherapy, which can help doctors determine the best
treatment options for individual patients. Also, there are rising opportunities
to expand the use of liquid biopsy into other areas, such as prenatal testing
and infectious disease diagnosis. As these applications are developed and
validated, they could expand in new markets for liquid biopsy in Spain.
The liquid
biopsy market in Spain has seen a notable growth over the last few years, but
it is not without its challenges. One of the primary challenges facing the
Spain liquid biopsy market is a lack of standardization. There is currently no
consensus on the best way to perform liquid biopsy, and different labs may use
different methods or technologies. This can lead to inconsistencies in test
results and make it difficult for clinicians to compare data across different
patients or studies. Additionally, there is a lack of standardized protocols
for sample collection, handling, and storage, which can impact the accuracy and
reliability of liquid biopsy results. Another challenge facing the Spain liquid
biopsy market is regulatory uncertainty. While liquid biopsy tests are already
available in some countries, they are not yet approved for widespread clinical
use in Spain. The Spanish Agency for Medicines and Medical Products (AEMPS) is
currently evaluating liquid biopsy tests and developing regulations to ensure
their safety and effectiveness. However, this process can be lengthy and
complex, and it may be several years before liquid biopsy is widely adopted in
Spain. A third challenge facing the Spain liquid biopsy market is the high cost
of testing. While liquid biopsy is less invasive than traditional biopsy
methods, it can still be expensive, particularly for patients who are not
covered by health insurance. This can limit access to the technology and
prevent some patients from receiving the most appropriate treatment for their
cancer. Finally, there is a need for more research to validate the clinical
utility of liquid biopsy in Spain. While liquid biopsy has shown results in
early studies, more research is needed to determine its accuracy, sensitivity,
and specificity compared to traditional biopsy methods. Additionally, more
studies are needed to evaluate the impact of liquid biopsy on patient outcomes,
such as survival rates and quality of life.
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Spain Liquid Biopsy Market
can be segmented by offering, technology, workflow, sample, circulating biomarker,
application, end user, and by region.
Based on Sample, the Spain
liquid biopsy market can be segmented into blood, urine,
saliva, and others. The blood segment is
expected to dominate the market during the forecast period. This is because blood
is the only body fluid that easily observes the elevation or reduction in the
levels of several proteins and biomarkers in the body at the time of any
malfunction or disease progression, thereby, facilitating rapid detection. Additionally,
it decreases the expense and length of the diagnostic process. The detection of
circulating tumor cells (CTCs), cell-free DNA (cfDNAs), exosomes, and
microvesicles in the blood sample has increased the use of blood-based liquid
biopsy. Additionally, the understanding
of carcinogenesis and metastasis is greatly aided by the circulating blood
biomarkers, which can be used to predict tumor dynamics throughout treatment
and disease progression. Furthermore, the market is anticipated to be driven by
increasing research on blood-based cancer testing.
Based on Circulating
Biomarker, the Spain liquid biopsy market can be further divided into circulating
tumor cells (CTCs), cell free nucleic acids, exosomes & extracellular
vesicles, and others. Circulating tumor cells are projected to dominate
the market since they can be most accurately detected by liquid biopsy.
Additionally, it supports cancer prognosis and can suggest cancer medicines and
keep track of treatment plans. The growth can be due to the rise in demand for
circulating tumor cell indicators for non-invasive biopsies used to detect
cancer early. Malignant tumors release circulating tumor cells, also known as
cancer tumor cells, and these cells travel through the bloodstream. With the
help of minimally invasive techniques, advances in technology that can detect
malignant tumor cells from various body fluids have made it possible to
identify some types of cancer early on. Future growth of different tumor cells
in fresh microenvironments of the body serves as the primary determinant of
cancer risk.
Major companies operating in Spain Liquid
Biopsy Market are:
- Thermo Fisher Scientific SL
- Sysmex Espana S.L.
- OncoDNA SA
- Atrys Health SA
- Biocartis Group NV
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“The
Spain liquid biopsy market is poised for continued growth and innovation in the
coming years. Growing adoption of non-invasive diagnostic techniques, government
support for liquid biopsy research in Spain, adoption of NGS and new
applications are trends which are likely to shape the future of the market. As
these trends continue to unfold, they will create new opportunities for
researchers, clinicians, and companies to develop and commercialize new liquid
biopsy products and services that can help improve patient outcomes and transform
the way cancer is diagnosed and treated in Spain.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Spain Liquid Biopsy Market By Offering (Testing
Service, Kits, Platform, Other Consumables), By Technology (Polymerase Chain
Reactions, Next Generation Sequencing, Others), By Workflow (Sample
Preparation, Library Preparation, Sequencing, Data Analysis & Management),
By Sample (Blood, Urine, Saliva, Others), By Circulating Biomarker (Circulating
Tumor Cells (CTCs), Cell Free Nucleic Acids, Exosomes & Extracellular
Vesicles, Others), By Application (Oncological, non-Oncological), By End User
(Clinical Laboratories, Academic & Research Institutes, Pharmaceutical
& Biotechnology Companies), By Region, Competition, Forecast and
Opportunities, 2028”, has evaluated the future growth potential of Spain Liquid
Biopsy market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Spain Liquid Biopsy market.
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