|Minimal Residual Disease Testing Market 2022 Growth Rate-pricing, Geoarticleshoodic Analysis And Regional Supply 2030|
Minimal Residue Disease Testing Market Growth & Trends
The globalminimal residual disease testing market size is expected to reach USD 4.50 billion by 2030, at a CAGR of 11.45% from 2023 to 2030, according to a new report by Grand View Research, Inc. The adoption of MRD testing as a novel diagnostic and prognostic assay facilitates robust moderation of treatment regimes to treat all kinds of hematological malignancies. Measurement of therapeutic outcomes is critical for the successful adoption of a given cancer therapeutic regime.
MRD generates important molecular information to better understand the cancer conditions and ultimately work towards leveraging treatment outcomes. Therefore, MRD testing is increasingly used as an end-point analysis step in numerous clinical trial studies for oncology-based research and also effectively records the variations in outcomes due to individual genetic characteristics. For instance, in November 2020, Adaptive Biotechnologies Corporation, entered into a collaboration with GlaxoSmithKline plc., to use its clonoSEQ assay for the assessment of residual cancer cells after treatment with GSK’s hematology therapeutics.
Surgical removal of tumors with other associative therapies does not essentially mean, that the cancerous cells are removed completely. Traces of cancer can remain in the body parts and bloodstream. The diagnosis of such residual cells is crucial for deciding upon the need for further rounds of chemotherapy and radiation. Researchers are devising non-invasive tests to effectively detect MRD. For instance, in February 2022, a blood test from C2i Genomics quantified the residual cancer cells after surgical oncology procedures. The C2inform test also achieved the CE mark clearance and is offered as a ‘software-as-a-medical-device’ MRD test in Europe.
Cancer therapeutics are effectively moderated to avoid a residue of tumorous cells using the relevant clinical evidence and are also personalized based on specific progression profiles in an individual. Numerous research studies are driving the need for consideration of individual genetic characteristics for effective treatment. For instance, in October 2022, Adaptive Biotechnologies Corporation partnered with Epic for increasing access to MRD monitoring in blood cancers. Moreover, in February 2021, Natera Inc., collaborated with Personalis Inc., to understand the outcomes of personalized cancer care by integrating the NeXT tumor profiling (by Personalis) and the personalized ctDNA platform Signatera’s diagnostic products (by Natera, Inc.,) for effectively designing the treatment monitoring regime and assessment of MRD.
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Minimal Residue Disease Testing Market Segmentation
Grand View Research has segmented the global minimal residual disease testing market report based on technology, cancer type, end-use, and region:
Minimal Residual Testing Technology Outlook (Revenue, USD Million, 2018 – 2030)
· Flow Cytometry
· Polymerase Chain Reaction (PCR)
· Next Generation Sequencing (NGS)
Minimal Residual Testing Cancer Type Outlook (Revenue, USD Million, 2018 – 2030)
· Hematological Malignancy
· Solid Tumors
Minimal Residual Testing End-Use Outlook (Revenue, USD Million, 2018 – 2030)
· Hospitals and Speciality Clinics
· Diagnostic Laboratories
· Academic and Research Institutes
List of Key Players in the Minimal Residual Disease Testing Market
· Exact Sciences Corporation
· GRAIL, LLC
· Veracyte, Inc.
· Natera, Inc.
· Guardant Health
· F. Hoffmann-La Roche Ltd
· FOUNDATION MEDICINE, INC.
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world’s renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.
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