The global circulating tumor cell (CTC) diagnostics market to grow at a CAGR of 9.39% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global circulating tumor cell (CTC) diagnostics market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the Key vendors operating in this market.
One trend in the market is introduction of advanced detection technologies. Cancer is a lethal disease taking toll across the geographical regions. The use of advanced technologies has helped in early diagnosis of cancer and improved treatment in patients. Diagnostic imaging technology has introduced molecular imaging technique for the detection of cancerous cells.
According to the report, one driver in the market is increasing incidences of cancer. Cancer is one of the lethal diseases, which has increased mortality rate worldwide. Various types of cancer occur due to genetic changes, high consumption of alcohol, smoking, and other lifestyle changes. The overall burden of cancer is increasing across the globe.
Further, the report states that one challenge in the market is high cost of diagnostics. Cancer treatment covers the majority of healthcare expenditure in most of the countries across the world. Cancer drug expenditure is also increasing in the countries.
KeyMarket Trends
Introduction of advanced detection technologies
Application of CTC as biomarkers for drug discovery
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