Fluid Biopsy Market
By Product;
Kits & Reagents, and InstrumentsBy Indication;
Lung Cancer, Breast Cancer, Colorectal, and Other IndicationsBy Type;
Circulating Tumor Cells, Circulating Tumor DNA, and Cell-Free DNABy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Fluid Biopsy Market Overview
Fluid Biopsy Market (USD Million)
Fluid Biopsy Market was valued at USD 6,029.03 million in the year 2024. The size of this market is expected to increase to USD 17,283.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.2%.
Fluid Biopsy Market
*Market size in USD million
CAGR 16.2 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 16.2 % |
Market Size (2024) | USD 6,029.03 Million |
Market Size (2031) | USD 17,283.51 Million |
Market Concentration | Low |
Report Pages | 347 |
Major Players
- Bio-Rad Laboratories
- Guardant Health
- Horizon Discovery
- Qiagen N.V
- LungLife AI Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Fluid Biopsy Market
Fragmented - Highly competitive market without dominant players
The Fluid Biopsy Market is gaining strong momentum due to its ability to serve as a non-invasive alternative to traditional tissue-based testing. This approach enables continuous monitoring of disease progression and therapeutic response without the need for surgical procedures. Currently, nearly 55% of oncology diagnostic methods incorporate liquid biopsy, highlighting its central role in advancing precision medicine.
Accelerating Shift Toward Early Cancer Detection
A major driver for market expansion is the increasing demand for early and accurate cancer detection. Fluid biopsy offers high sensitivity in identifying circulating tumor DNA and genetic alterations, supporting rapid diagnosis and treatment planning. Reports suggest that about 48% of cancer-related diagnostics are transitioning toward minimally invasive solutions, reflecting the growing preference for quick and reliable screening techniques.
Advancements in Biomarker-Based Technologies
Breakthroughs in genomic sequencing, proteomics, and bioinformatics are significantly boosting the efficiency of fluid biopsy. These innovations enhance detection precision while reducing turnaround times. More than 40% of new developments in the diagnostic oncology space focus on biomarker-driven liquid biopsy platforms, reinforcing their critical role in shaping personalized medicine.
Expanding Applications Beyond Cancer Care
Although oncology remains the primary focus, fluid biopsy is increasingly being utilized for neurological, cardiovascular, and infectious disease monitoring. Approximately 35% of current research projects explore liquid biopsy applications outside oncology, underlining its versatility. This broader clinical potential is expected to fuel adoption across diverse healthcare domains.
Strong Growth Prospects Ahead
The future of the fluid biopsy market looks promising with rising integration into clinical trials and diagnostic programs. More than 50% of ongoing trials now incorporate fluid biopsy endpoints, emphasizing its impact on treatment strategies. Supported by technological progress and strategic collaborations, the market is set to play a pivotal role in reshaping disease management and improving patient outcomes.
Fluid Biopsy Market Recent Developments
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In June 2021, BioMark Diagnostic Solutions secured US$825,000 in funding to develop a liquid biopsy test for lung cancer screening.
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In November 2022, Haystack Oncology raised US$56 million to advance blood tests for detecting minimal residual disease after cancer treatment.
Fluid Biopsy Segment Analysis
In this report, the Fluid Biopsy Market has been segmented by Product, Indication, Type and Geography.
Fluid Biopsy Market, Segmentation by Product
The Fluid Biopsy Market has been segmented by Product into Kits & Reagents, and Instruments.
Kits & Reagents
Kits & reagents lead the Fluid Biopsy Market with ~65–70% share, driven by consistent demand from hospitals, diagnostic labs, and research facilities. Offering 90–95% biomarker detection accuracy, they are essential for cancer diagnostics, disease monitoring, and precision medicine. This segment is expanding at ~8–9% annually as fluid biopsy becomes more widely adopted in clinical workflows.
Instruments
Instruments represent ~30–35% of the market, serving as the backbone for liquid biopsy testing. With 88–93% detection efficiency, these advanced platforms enable rapid, high-throughput analysis for oncology and genetic screening. The segment is growing at ~6–7% annually, fueled by technological upgrades and integration with next-generation sequencing systems.
Fluid Biopsy Market, Segmentation by Indication
The Fluid Biopsy Market has been segmented by Indication into Lung Cancer, Breast Cancer, Colorectal and Other Indications.
Lung Cancer
Lung cancer leads the Fluid Biopsy Market with ~35–38% share, reflecting its high global burden and the critical need for early, accurate diagnosis. Fluid biopsy tests deliver 90–94% sensitivity in detecting key mutations, enabling timely targeted therapy. The segment is growing at ~8–9% annually as adoption of non-invasive diagnostics accelerates.
Breast Cancer
Breast cancer applications account for ~25–28% of market demand, supported by widespread screening programs and advancements in personalized oncology. With 88–92% detection accuracy for circulating tumor DNA, fluid biopsy is becoming integral to treatment monitoring. The segment expands ~7–8% annually as precision medicine gains traction.
Colorectal Cancer
Colorectal cancer holds ~20–22% of the market, benefiting from the shift toward less invasive screening methods. Liquid biopsy offers 87–91% diagnostic accuracy, providing a viable complement or alternative to colonoscopy. Annual growth of ~6–7% is driven by rising incidence rates and improved biomarker detection.
Other Indications
Other cancer types, including prostate, pancreatic, and ovarian, collectively represent ~14–16% of market share. Detection accuracy typically ranges from 85–90%, depending on tumor biology. The segment grows at ~5–6% annually as clinical adoption widens and research expands into additional applications.
Fluid Biopsy Market, Segmentation by Type
The Fluid Biopsy Market has been segmented by Type into Circulating Tumor Cells, Circulating Tumor DNA and Cell-Free DNA.
Circulating Tumor Cells (CTCs)
Circulating tumor cells make up ~35–38% of the Fluid Biopsy Market, offering valuable real-time information on tumor biology and disease progression. With 85–90% detection accuracy, CTC analysis supports cancer diagnosis, prognosis, and therapeutic monitoring. The segment is expanding at ~7–8% annually as cell capture and characterization methods improve.
Circulating Tumor DNA (ctDNA)
Circulating tumor DNA leads the market with ~40–42% share, recognized for its 90–94% sensitivity in detecting genetic mutations linked to cancer. Widely adopted for guiding targeted therapies and tracking treatment response, ctDNA is growing at ~8–9% annually alongside the evolution of precision medicine.
Cell-Free DNA (cfDNA)
Cell-free DNA accounts for ~20–23% of market demand, covering DNA fragments from both cancerous and healthy cells. Offering 82–88% detection accuracy, cfDNA is used in early cancer screening and other applications such as prenatal diagnostics. The segment grows ~6–7% annually with broader clinical adoption and research advancements.
Fluid Biopsy Market, Segmentation by Geography
In this report, the Fluid Biopsy Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America
Regions and Countries Analyzed in this Report
Fluid Biopsy Market Share (%), by Geographical Region.
North America
North America leads the Fluid Biopsy Market with ~45–48% share, supported by advanced diagnostic infrastructure, high test volumes, and early adoption of precision oncology tools. Regional assays achieve 90–94% accuracy in cancer biomarker detection. Growth of ~7–8% annually is fueled by ongoing research and integration into routine cancer care.
Europe
Europe holds ~25–27% of global demand, driven by comprehensive screening programs and strong healthcare regulations. Fluid biopsy platforms in this region deliver 88–92% detection efficiency across multiple cancer types. The market expands at ~6–7% annually, with growing adoption in both public health and private practice settings.
Asia Pacific
Asia Pacific accounts for ~18–20% of the market and records the fastest growth rate of ~8–9% annually. Rising cancer incidence, broader healthcare access, and 87–91% biomarker detection accuracy are driving uptake. Government-led healthcare modernization programs are accelerating market penetration.
Middle East & Africa
The Middle East & Africa represent ~5–6% of demand, growing at ~5–6% annually as healthcare infrastructure advances. Fluid biopsy technologies provide 85–90% accuracy in cancer screening and monitoring, with expansion supported by medical tourism and higher oncology investments.
Latin America
Latin America makes up ~5–6% of the market, with growth of ~4–5% annually. Detection performance of 85–89% accuracy supports clinical adoption in both urban and rural settings. Increasing awareness and accessibility of non-invasive diagnostics are boosting demand.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Fluid Biopsy Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Non-invasive Diagnostic Approach
- Rising Incidence of Cancer
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Technological Advancements: The continuous progression of technology plays a pivotal role in driving the expansion of the global fluid biopsy market. Innovations such as next-generation sequencing (NGS), digital PCR, and microfluidic-based assays have revolutionized the landscape of fluid biopsy tests. These advancements have notably heightened the sensitivity, specificity, and throughput of such diagnostic procedures. By leveraging these cutting-edge technologies, fluid biopsy techniques can now detect rare mutations with greater accuracy, delve into the intricacies of tumor heterogeneity, and pinpoint treatment-resistant clones. These capabilities have positioned fluid biopsy as an essential component in the realms of precision oncology and personalized medicine, offering invaluable insights into disease progression and treatment response.
NGS, digital PCR, and microfluidic-based assays have collectively ushered in a new era of precision and efficiency in fluid biopsy testing. The advent of NGS enables the analysis of genetic material at an unprecedented level of detail, facilitating the identification of subtle genetic alterations indicative of various diseases, including cancer. Meanwhile, digital PCR techniques provide highly sensitive and quantitative measurements of nucleic acids, enhancing the detection of minimal residual disease and monitoring treatment response. Additionally, microfluidic-based assays offer streamlined and automated processes for sample analysis, optimizing workflow efficiency and reducing turnaround times for diagnostic results.
The integration of next-generation sequencing, digital PCR, and microfluidic-based assays into fluid biopsy testing has propelled the field forward, unlocking new potentials for personalized medicine and precision oncology. These technological advancements continue to redefine the diagnostic landscape, empowering healthcare professionals with the tools needed to make informed treatment decisions and improve patient outcomes. As technology continues to evolve, the global fluid biopsy market is poised for further growth, offering innovative solutions for non-invasive disease detection and monitoring.
Restraints
- Standardization and Validation Challenges
- Regulatory Considerations
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Limited Sensitivity and Specificity: Despite notable advancements in technology, fluid biopsy techniques encounter challenges related to their sensitivity and specificity. The accuracy and reliability of fluid biopsy tests can be compromised due to several factors, including the low abundance of biomarkers present in bodily fluids. Because biomarkers may exist in minuscule quantities, detecting them amidst the background noise of other molecules can prove challenging. Moreover, the presence of confounding factors, such as proteins or nucleic acids unrelated to the disease of interest, further complicates the analysis and interpretation of fluid biopsy results.
These limitations highlight the need for continual improvements in the sensitivity and specificity of fluid biopsy assays. Enhancing the sensitivity of these tests would enable the detection of biomarkers even at extremely low concentrations, thereby improving the ability to identify disease-related changes in bodily fluids. Likewise, improving specificity would ensure that fluid biopsy tests accurately distinguish between disease-related biomarkers and unrelated molecules, reducing the likelihood of false-positive or false-negative results.
Addressing these challenges is crucial to maximize the clinical utility of fluid biopsy techniques. By enhancing assay sensitivity and specificity, researchers and developers aim to overcome existing limitations and increase the accuracy and reliability of fluid biopsy tests. Achieving these improvements would not only enhance the diagnostic capabilities of fluid biopsy assays but also expand their applicability across various disease areas, paving the way for more effective disease detection, monitoring, and personalized treatment strategies.
Opportunities
- Expansion into New Applications
- Integration with Digital Health Platforms
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Collaborations and Partnerships: Collaborations and partnerships involving academia, industry, and healthcare organizations play a pivotal role in fostering innovation and expediting the integration of fluid biopsy techniques into clinical practice. By pooling together their expertise and resources, these entities can collectively address various challenges associated with fluid biopsy adoption. Efforts focused on standardizing protocols, validating biomarkers, and conducting large-scale clinical studies are essential for establishing the reliability and effectiveness of fluid biopsy tests. Through collaborative initiatives, stakeholders can establish common guidelines and best practices, streamlining the implementation of fluid biopsy techniques across diverse clinical settings.
Furthermore, partnerships with pharmaceutical companies, diagnostic laboratories, and healthcare providers offer avenues for enhancing market access and accelerating the commercialization of fluid biopsy products. These partnerships facilitate the translation of research findings into practical applications, enabling broader adoption of fluid biopsy techniques by healthcare professionals. By aligning their interests and resources, stakeholders can leverage each other's strengths to overcome barriers to market entry and drive widespread adoption of fluid biopsy solutions.
In addition to addressing technical and regulatory challenges, collaborations between academia, industry, and healthcare organizations foster a culture of innovation and knowledge exchange. By fostering interdisciplinary collaboration and promoting cross-sectoral dialogue, these partnerships stimulate the development of novel technologies and approaches in fluid biopsy research and application. This collaborative ecosystem nurtures a fertile ground for continuous improvement and advancement in fluid biopsy techniques, ultimately benefiting patients through enhanced diagnostic accuracy and personalized treatment strategies.
Competitive Landscape Analysis
Key players in Global Fluid Biopsy Market include.
- Bio-Rad Laboratories
- Guardant Health
- Horizon Discovery
- Qiagen N.V
- LungLife AI Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
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Market Snapshot, By Product
- Market Snapshot, By Indication
- Market Snapshot, By Type
- Market Snapshot, By Region
- Market Opportunity Map
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- Fluid Biopsy Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Non-invasive Diagnostic Approach
- Rising Incidence of Cancer
- Technological Advancements
- Restraints
- Standardization and Validation Challenges
- Regulatory Considerations
- Limited Sensitivity and Specificity
- Opportunities
- Expansion into New Applications
- Integration with Digital Health Platforms
- Collaborations and Partnerships
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Fluid Biopsy Market, By Product, 2021 - 2031 (USD Million)
- Kits & Reagents
- Instruments
- Fluid Biopsy Market, By Indication, 2021 - 2031 (USD Million)
- Lung Cancer
- Breast Cancer
- Colorectal
- Other Indications
- Fluid Biopsy Market, By Type, 2021 - 2031 (USD Million)
- Circulating Tumor Cells
- Circulating Tumor DNA
- Cell-Free DNA
- Fluid Biopsy Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Fluid Biopsy Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bio-Rad Laboratories
- Guardant Health
- Horizon Discovery
- Qiagen N.V
- LungLife AI Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market