Dublin, March 08, 2024 (GLOBE NEWSWIRE) -- The "Asia-Pacific MRD Testing Market: Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The Asia-Pacific MRD testing market is projected to reach $1.33 billion by 2033 from $0.30 billion in 2023, growing at a CAGR of 16.06% during the forecast period 2023-2033. The MRD testing market is expanding due to several reasons, including the expansion of Medicare coverage for MRD testing and its application in diagnosing solid tumors. Increased consumer awareness has led to a heightened demand for MRD testing. Healthcare practitioners and researchers are recognizing this trend and endeavouring to integrate MRD testing into clinical practices to address patient needs. 
The Asia-Pacific (APAC) MRD testing market is witnessing significant growth driven by various factors. This includes the extension of healthcare coverage for MRD testing and its emerging role in diagnosing solid tumors. Increasing awareness among consumers has led to a surge in demand for MRD testing across the region. Healthcare professionals and researchers are recognizing this trend and actively working to incorporate MRD testing into routine clinical procedures to meet patient needs effectively. Additionally, advancements in technology and healthcare infrastructure in key APAC countries further contribute to the expansion of the MRD testing market. With a growing emphasis on early detection and precision medicine, the APAC region presents substantial opportunities for MRD testing providers and stakeholders.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 64 |
| Forecast Period | 2023-2033 |
| Estimated Market Value (USD) in 2023 | $0.3 Billion |
| Forecasted Market Value (USD) by 2033 | $1.33 Billion |
| Compound Annual Growth Rate | 16% |
| Regions Covered | Asia-Pacific |
Key Topics Covered
Executive Summary
1 Markets
1.1 Market Scope
1.1.1 Key Questions Answered in the Report
1.2 Research Methodology
1.2.1 MRD Testing Market: Research Methodology
1.2.2 Data Sources
1.3 Market Estimation Model
1.3.1 Criteria for Company Profiling
2 Market Overview
2.1 MRD Testing Workflow Analysis
2.2 MRD Testing: Solid Tumor vs. Hematological Malignancy
2.3 Evolution of MRD Testing
2.4 Market Footprint
2.5 Market Size and Future Growth Potential
3 Industry Insights
3.1 Legal and Regulatory Framework of MRD Tests
3.1.1 Asia-Pacific
3.2 Reimbursement Scenario
3.2.1 Asia-Pacific
3.3 Supply Chain Analysis
3.3.1 For Laboratory Developed Tests (LDTs)
3.3.2 For In-Vitro Diagnostics (IVDs)
4 Minimal Residual Disease Testing Market (by Region), 2022-2033
4.1 Overview
4.2 Asia-Pacific
4.2.1 Asia-Pacific MRD Testing Market, by End User
4.2.2 Asia-Pacific MRD Testing Market, by Country
5 Company Profiles
5.1 Overview
5.2 Sysmex Corporation
5.2.1 Company Overview
5.2.2 Role of Sysmex Corporation in the MRD Testing Market
5.2.3 Financials
5.2.4 Analyst Perspective
For more information about this report visit https://www.researchandmarkets.com/r/in3nmy
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