Research Methodology – Liquid Biopsy Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Liquid Biopsy Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Liquid Biopsy Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Prevalence and incidence rates of cancer across the globe.
- Technological advancements in liquid biopsy products.
- Sales volume, revenue, and sales growth of liquid biopsy companies.
- R&D investments in the liquid biopsy industry.
- Government spending on healthcare and oncology research.
- Impact of COVID-19 on diagnostic services.
- Distribution and supply chain scenarios in the market.
2 Key Market Indicators
- Market size, share, and growth rate of the liquid biopsy market.
- Demand and supply fluctuations in the liquid biopsy market.
- Adoption rate of liquid biopsy across different regions.
- Level of competition in the liquid biopsy market.
- Growth of the healthcare sector on a global scale.
- Changes in regulatory policies in different regions.
3 Growth Trends
- Increased application of liquid biopsies in precision medicine.
- Technological advancements aiding the development of non-invasive diagnostic tools.
- Influx of investments for the development of oncology-specific biomarkers.
- Rise in partnerships and collaborations among market players to enhance product portfolio.
- Increasing public awareness about the benefits of early cancer detection.
- Growth in cancer research funding.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Liquid Biopsy Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Liquid Biopsy Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights