MRD Testing Market size is estimated to be USD 2.3 Billion in 2024 and is expected to reach USD 5.1 Billion by 2033 at a CAGR of 9.7% from 2026 to 2033.
In 2022, the global Minimal Residual Disease (MRD) testing market was valued at approximately USD 1.89 billion, with projections indicating growth to USD 4.50 billion by 2030, reflecting a compound annual growth rate (CAGR) of 11.5%. North America led the market, accounting for 45.9% of the global revenue in 2022, driven by advancements in diagnostic technologies and a rising prevalence of cancer. The United States, in particular, is anticipated to maintain its leadership position, with the market expected to reach USD 1.64 billion by 2030. Europe also held a significant share, supported by robust healthcare infrastructure and increased adoption of MRD testing. The Asia Pacific region is projected to experience the highest CAGR during the forecast period, attributed to rising healthcare investments, increasing cancer awareness, and expanding access to advanced diagnostics. China dominated this regional market in 2022, holding a 36.08% share, fueled by a growing number of cancer cases and heightened health awareness. Japan and India are also expected to contribute substantially to market growth, with Japans approval of MRD testing in clinical practice in 2023 leading to a 30% increase in adoption rates within the first year. These developments present significant opportunities for stakeholders to invest in and expand MRD testing services across diverse regions.
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ICON
ArcherDX
Arup Laboratories
ASURAGEN INC
Cergentis B.V.
Bio-Rad Laboratories
Mission Bio
Guardant Health
Invivoscribe
Laboratory Corporation of America Holdings
Inivata Ltd
Natera
Inc
NeoGenomics Laboratories
Inc
Opko Health
Quest Diagnostics Incorporated
Sysmex Corporation
Adaptive Biotechnologies Corporation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global MRD Testing Market
Reagents
Assay Kits
Instrumentation
Software Solutions
Research Applications
Clinical Applications
Pharmaceutical Applications
Hospitals
Clinical Laboratories
Research Institutions
Pharmaceutical Companies
Polymerase Chain Reaction (PCR)
Next-Generation Sequencing (NGS)
Digital PCR
In Situ Hybridization
Direct Sales
Online Sales
Distributors and Third-Party Resellers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global MRD Testing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global MRD Testing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global MRD Testing Market, By Type
6. Global MRD Testing Market, By Application
7. Global MRD Testing Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global MRD Testing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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